I Guess I’m a Racist
Time magazine’s Karen Tumulty says that criticizing Franklin Raines–the heart and soul of our current economic near-meltdown–is racism because . . . Raines is black.
Therefore, criticizing any black is racism.
I’ve criticized and accused Franklin Raines brutally in the past two weeks, so I must be a regular David Dukes.
Perhaps Karen Tumulty needs to change her meds.
Readers may not believe this, but I didn’t realize Raines was black until after I’d posted the second of my blog posts linking to Obama to Raines and Johnson and others responsible for the housing bubble and meltdown. Not that I’d have done anything differently. But until Obama’s candidacy, we were living something like a post-racial period. It was wackos like Tumulty who reinvigorated race in American politics–not Obama’s candidacy and not the right. It was the people who make a fortune fomenting racial hatred. And they should be driven out on rail.
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Franklin Raines’ Criminal Enterprise and Barack Obama, His Accomplice **UPDATE** Top Recipients By $/Yr in Congress
**TOP OF PAGE UPDATE**
This is an eye-opener. I’ve simply added Years in Congress and divided total Fraudie
Mae and Fraudie Mac donations by that number to rank the top 15 recipients by $ per Year. Obama is winner by a ton:
Download Spreadsheet Click Here
As an executive at Fannie Mae, Franklin Raines illegally coerced his employees to falsify accounting facts so he’d get a maximum bonus. The government-backed firm used Enron-like fraud, in part at Raines’s orders, to create the largest bail-out in US history. Raines had the whistleblower fired. From the Heritage Foundation:
In 2004, after a tip from a whistle blower who was later fired, the Office of Federal Housing Enterprise Oversight (Ofheo) issued a report finding that the government-sponsored entity Fannie Mae had engaged in Enron-like accounting machinations that allowed Fannie to overstate its earnings and underestimate the risk the company faced. The accounting wizardry Fannie engaged in was designed so that Fannie could meet profit targets tomaximize bonus payments to company executives like Clinton administration deputy attorney general Jamie Gorelick and Carter administration assistant director for domestic policy Franklin Raines.
From the ACU:
Following his tenure in Democrat Bill Clinton’s White House as Budget Director, Raines returned to Fannie Mae where he served as Chairman and Chief Executive Officer prior to being forced out over accounting fraud allegations that federal authorities claimed were used to pad his own pocket with tens of millions of dollars in un-earned bonuses on top of his multi-million dollar pay. Raines and other top executives drew multi-million dollar salaries at Fannie Mae for many years.
Although he claimed no wrong doing, Raines agreed to settle the suit with the federal government just this year and agreed to pay back a few million of the near $50 million it had been alleged he obtained illegally through bonuses not due from Fannie Mae.
Now, this criminal is Barack Obama’s campaign adviser. Only one member of Congress, Barney Frank, Chris Dodd, received more kickbacks from Raines’s Fannie Mae cronies than did Barack Obama–over $120,000 in bribes.
Campaign Contributions, 1989-2008 (source)
| Name | Office | State | Party | Grand Total | Total from PACs |
Total from Individuals |
| Dodd, Christopher J | S | CT | D | $165,400 | $48,500 | $116,900 |
| Obama, Barack | S | IL | D | $126,349 | $6,000 | $120,349 |
Dodd has been in Congress since Moses was a baby. What did Obama do in 2.5 years to earn nearly as much cash from Frannie and Freddie as Dodd earned in 25?
Remember Countrywide? According to BusinessWeek Obama’s financial adviser, Raines, was responsible for its demise, too:
The Countrywide project deemed, “friends of Angelo” or FoA, standing for Friends of Countrywide Chief Executive Angelo Mozilo, apparently provided special loan rates for connected officials. These included Raines, James Johnson (a Democratic party activist and adviser to Sen. Barack Obama who was named to a panel to help choose Obama’s Vice Presidential running mate), Democrat Chairman of the Senate Banking Committee, Senator Christopher Dodd, and the chairman of the Senate Budget Committee, Democrat Kent Conrad.
Fannie Mae and Freddie Mac control almost 50 percent of all mortgages in the United States. They were started by Democrats, protected by Democrat, funded by Democrats, and absorbed into the government proper at the behest of their paid hacks in the Democrat party. Conservatives have advocated the demolition of these twin towers of corruption, fraud, and bribery for decades. But Democrats blocked every attempt to even hold hearings on corruption in Fannie Mae and Freddie Mac.
But where are the Congressional hearings? Where is the Department of Justice? Why aren’t Raines, Johnson, and Obama doing a perp walk on the evening news?
Because liberals OWN Washington. Obama will threaten, lie, and kill if he must to keep his sham campaign going. At this point, he must win to stay of prison.
I cannot believe that conservative bloggers and talk show hosts are staying away from this story. This should be the end of Barack Obama, particularly after today’s disaster on Wall Street: Dow down >500, Lehman Brothers GONE, Bear Stearns GONE, Merrill Lynch GONE, Fannie Mae GONE, Freddie Mac GONE, AIG GOING, more to follow.
Lehman Brothers, too, contributed the lion’s share of its political donations to DEMOCRATS. Why don’t you people rise up and demand some goddamn ACCOUNTABILITY! This isn’t some little $10 million Chrysler bailout here. We’re talking BILLIONS of STOLEN MONEY. Stolen by Democrats, for Democrats.
We could face an economic DEPRESSION because of Obama, Dodd, Biden, Frank, Pelosi, Kennedy, and the rest of the Democrat criminals who’ve destroyed the housing market, put families on the streets, and wrecked Wall Street through greed and avarice on a scale unseen since the Roman Empire!
Fannie also bought off activist groups such as the corrupt Association of Community Organizations for Reform Now (ACORN), which has been indicted, multiple times across the country, for vote fraud (Obama worked closely with ACORN as a street organizer in Chicago). Fannie’s lobbying efforts paid off as liberal politicians such as Sen. Chuck Schumer (D-N.Y.) and Rep. William Clay (D-Mo.) worked to kill any real reform of Freddie and Fannie. The Washington Post reports: “In an internal memo in 2004, Fannie Mae executive Daniel H. Mudd affirmed what the company’s critics had long contended: In the political arena, ‘we always won’ and ‘we took no prisoners.’”
WAKE UP AND TAKE IT BACK! It’s YOUR MONEY.
I’ll say it again without any fear of error: Franklin Raines is a criminal and Barack Obama is his paid accomplice. Prove me wrong.
Obama The Property of Freddie/Fannie Crooks
Surprise, surprise. It turns out that the criminals who used Freddie Mac and Frannie Mae as a slush fund for influence purchasing and pocket-lining own Barack Obama, part and parcel.
According to the Wall Street Journal:
Sen. Obama has received $105,849 from donors tied to the companies since he ran for the senate four years ago, making him the third-largest recipient in Congress among the top 25 listed in a recent report by the Center for Responsive Politics, which examined contributions dating to 1989.
Obama’s liars in the media will immediately claim McCain, too, has his hand their pockets. They’ll be lying, though, so know the fact:
Sen. McCain wasn’t listed in the report, and proponents of overhaul say lobbyists have tried unsuccessfully to win him over.
"There were quite a few lobbyists retained by Fannie and Freddie who tried to influence Sen. McCain, but they never were able to get their hooks into him," said Anne Canfield, who heads the Consumer Mortgage Coalition, a lending trade group that has advocated for overhaul of the government-sponsored enterprises.
McCain the Reformer!
You won’t hear about this in the news, so read carefully.
For 20 years, the Democrats in Congress have used Freddie and Fannie as a campaign and perquisite slush fund. The scam, which will cost tax payers $200,000,000,000, worked like this:
This cycle of corruption, influence peddling, sweetheart deals, and bank failures ends up costing the American taxpayers billions of dollars directly. It also has plunged the economy to the brink of recession.
This is how Barack Obama operates. He is at the very top of this quasi-legal racket. He wants to raise your taxes to help pay for this scam that came unraveled when his predatory lender buddies realized that people making $80,000 a year couldn’t pay a $400,000 balloon note on a $250,000 property.
Barack Obama’s leading economic advisor–Franklin Raines–is a disgraced and corrupt former CEO of Fannie Mae who was forced to resign over accounting scandals. Raines–like Obama’s business partner and convicted slumlord Tony Rezko–is the sort of scoundrel Obama will populate the White House with if elected.
Peace-Loving Libs Attempt to Kill Republicans in Minnesota *UPDATE*
Not an exaggeration. Gateway Pundit was an intended target as leftist protestors hurled sacks of rocks and cement on speeding busses of GOP delegates, media, and participants. The leftards stood on overpasses above an interstate highway and dropped the sacks on passing busses.
A few years back in St. Louis, a woman–recent emigrant from Russia–was killed by a rock dropped from an overpass over I-64 as she returned home from work late one evening. A heavy object dropped onto a fast-moving vehicle is reasonably expected to cause death or great bodily harm. Therefore, everyone who dropped a sack, helped drop sacks, spotted, encouraged, or failed to stop or to warn authorities is guilty of attempted murder. Will they be charged?
They better be. The best way to stop this nonsense is not deterrence but incarceration. They can’t reach the bridges from a penitentiary.
Expectedly, the MSM ignore the story.
*UPDATE* 80-year-old man injured. Maybe we need some conservative counter-protesters who know their way around a hockey stick.
**UPDATE** Powerline reports that a busload of Cub Scouts also came under attack. The police should have shot the sons-of-bitches on the spot.
Death Penalty for San Francisco Mayor
Danielle Bologna’s trembles like an injured child’s when she approaches the word, “widow.”
“I never thought I’d used that word about myself,” she recently told an interviewer.
Bologna is a widow. She’s also the grieving mother of two sons. On June 22, 2008, a wild, crazed killer wiped out Mrs. Bologna’s family as they returned home from a family picnic. Tony, husband and father; Michael, 20 years, sone; Matthew, 16 years, son. Murdered in cold blood for the sport of it. Shot to death in a city with notoriously strict gun laws. A family of four became a family of one.
The murderer, Edwin Ramos, is an illegal alien living in San Francisco at the personal invitation and under the protection of Mayor Gavin Newsome. From the San Francisco Chronicle:
Ramos, a native of El Salvador whom prosecutors say is a member of a violent street gang, was found guilty of two felonies as a juvenile - a gang-related assault on a Muni passenger and the attempted robbery of a pregnant woman - according to authorities familiar with his background.
In neither instance did officials with the city’s Juvenile Probation Department alert federal immigration authorities, because it was the city agency’s policy not to
consider immigration status when deciding how to deal with an offender.
Since the murders and arrest of Ramos, Newsome continues to defend the policy, protecting and inviting more illegal alien murders into the United States and into San Francisco. Newsome never offered an apology to Mrs. Bologna. He refuses to consider complying with federal law. He did not attend the funerals, send flowers, or grieve. Instead, he partied in Montana.
Gavin Newsome is the proximate cause of the Bologna murders, just as Charles Manson was the proximate cause of the Tate and LaBianca murders. Only a temporary judicial anomaly spared Manson the electric chair. Nothing but a quick trial should stand between Gavin Newsome and the needle.
Gavin Newsome deserves to die, along with every official who supported and complied with Newsome’s deadly immigration policy.
But how whacked are San Francisco and California? Newsome, the modern day Charles Manson, might just be the state’s next governor.
You liberals wanted sanctuary cities. We conservatives told you they would destroy us. We were right, as always.
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