Join the discussion below, or Read more at Hampton Roads Daily Press.
#22 Sep 20, 2008
Shouldn't Rep. Rangel enderstand that when you write the tax laws you also have to pay taxes At this time is it wise to be trashing Gov. Palen.I think her highness Nancy Pelossi should appoint non partisans to be on this ethics probe Some of the people who might quallify in her mind might be Marion Barry, cold cash Jefferson and Kwame Kilpatrick
#23 Sep 20, 2008
But, but, but,â¦â¦â¦goinâ after a hockey mom from Alaska for firing an insubordinate subordinate is much more fun than exposing the Democrats involvement in a nation financial crisis. Mikeâs just got his priorities all screwed up. The next thing heâs going to tell us is fire melts steel.
#24 Sep 20, 2008
Democrats have spent more time investigating Sarah Palin than they have the crooks in their own party who are responsible for the financial crisis!
The current financial crisis was sparked by the failure of the huge government backed mortgage companies Fannie Mae and Freddie Mac whose fraudulent accounting practices and willingness to encourage banks to make bad loans to people who could not afford them have undermined faith in the financial sector of the U.S. economy.
All Americans are affected by the downturn in the economy caused by this crisis and leaving taxpayers left to clean up the mess estimated to cost $150 billion or more.
Its a financial crisis that was avoidable and thats where the scandal comes in. And the responsibility should be placed squarely on the Democrats who milked this financial cow for their own enrichment while ignoring the growing dangers.
The fraudulent accounting that allowed Enron executives to enrich themselves and led the company to bankruptcy and the loss of $68 billion in employee and investor assets is dwarfed by that at Fannie Mae and Freddie Mac whose loses to investors will top $103 billion. Fannie Maes accounting fraud was $11 billion, 19 times larger than Enrons $567 million accounting restatement.
Enron s CEO Jeff Skilling went to jail and Chairman Ken Lay died, probably as a result of the stress from prosecution. Both Franklin Raines and James Johnson , CEOs of Fannie Mae, who played key roles in previous Democrat administrations were fired, but later went to work for the Obama campaign. Clinton Deputy Attorney General Jamie Gorelick also was a highly paid executive at Fannie Mae but left to join the 9/11 Commission (she was chiefly responsible for the wall that prevented law enforcement and intelligence agencies from sharing information). Gorelick is considered as a possible Attorney General in an Obama Administration.
News organizations which ran daily stories linking the Bush Administration to Enron executives have been nearly silent on the direct, long term political connections between the Fannie Mae disaster and Democrats.
Both Fannie Mae and Freddie Mac used $174 million, to pay for lobbyists to insulate them from the tightened regulation and oversight that might have avoided this crisis. And it wont surprise many readers to learn that Obama received over $126,000 in campaign contributions since first running for the Senate in 2004. Obama ranked #2 on the list which includes mostly Democrats. By comparison, McCain received $21,550. Other top Democrats on Fannie Maes money list include Senator Chris Dodd, who received a favorable loan from a related mortgage company, John Kerry, Hillary Clinton, Harry Reid and Nancy Pelosi.
#25 Sep 20, 2008
These two entities Fannie Mae and Freddie Mac are not facing any kind of financial crisis, said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee.The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.
#26 Sep 20, 2008
In calling this a Democrat scandal I am merely applying the same rules they used to tar Republicans with the scandal label in the Enron and Jack Abramoff affairs. Democrats were involved in both of those and yet they were labeled Republican scandals.
Its pretty clear from the Democrat party hacks who ran Fannie Mae and ran off with millions of dollars that its a Democrat problem. That and the top Fannie/Freddie contributions going to Democrats is enough for me.
#27 Sep 20, 2008
I am a Democrat because I believe that we should take our noses out of other people's bedrooms. I say we move the noses to their banks and storage sheds and scout troops, and so forth.
I am a Democrat because I hold sacred freedom of the press, as well as freedom of the TV and freedom of the movie. Where I draw the line is freedom of the talk radio, and don't even get me started about that damn Internet business.
I am a Democrat because I recognize that education is important. Very, very, extremely very important. We must increase spending on education and enact important education reforms, such as eliminating standardized tests. Because we can never hope to measure this beautiful, elusive, important thing we call education.
I am a Democrat because I believe in the separation of church and state. We must stop the religious extremists who want school-sanctioned prayers. Now, you tell me - with all that chanting and praying and incense-burning going on, how can our kids concentrate on the big condom-and-banana midterm?
I am a Democrat because I believe in women's right to choose. I mean, not a church school or a tax shelter, or something like that, obviously. Let's be reasonable.
I am a Democrat because I believe in the rule of law. Or, at least, lawyers. Because hey, according to my attorney, I could have been on the Number 7 bus when it crashed yesterday. As far as you know.
I am a Democrat because I believe a healthy economy depends on good jobs at good wages. So fork 'em over, you fat bastard boss man.
I am a Democrat because I believe the government should step in to create good jobs when that fat bastard boss man moves my good job to Mexico. Hey, I know! Maybe we can take all the money that boss man spends on non-job-creating stuff, like solid gold yachts and mink spats, and use that money to create jobs.
I am a Democrat because I fear the power of giant unrestrained monopolies, such as Microsoft, Nike, Parker Brothers, Univac and the Erie Canal Company. The government must wage an unrelenting, all-out war to crush these scary monopolies to a pulp before they get too powerful.
I am a Democrat because I believe in a strong military. Strong, yes, but caring and thoughtful too, and ready to face new challenges. A military that enjoys long strolls on the beach, cuddling in front of a warm fire, unafraid to show its vulnerable side. Must be NS/DDF.
I am a Democrat because I believe there is too much violence in society, especially in our schools. To avoid another Columbine tragedy, we should have mellow "rap" sessions with at-risk teens, such as the Goths. The violence will only end after the teen Goths see that we adults really care, and are "hip" to their groovy teen Goth scene.
I am a Democrat because I believe in campaign finance reform. Sadly, our politics are dominated by advertisements, paid for by the contributions of giant corporations. All too often, these drown out legitimate grassroots opinions, like the kind heard on TimeWarner-AOL-CNN, TimesCorp, or Disney-ABC.
I am a Democrat because I believe in public support of the arts. By "the arts," I of course mean those things made by, or excreted by, an artist of some sort. It is especially important that art be provocative and take controversial stances, like opposing Jesse Helms, and so on.
I am a Democrat because I believe in the environment and conservation. For instance, we must raise the price of gasoline, like they do in Europe, to increase conservation. If we don't, there will soon be a big gas shortage, and this will mean higher gasoline prices for you and me.
I am a Democrat because I detest greed. Especially the sickening greed of those who struck it rich in the 1980s, and greedily refuse to give me any of their stuff.
I am a Democrat because I... hey look! A new episode of Survivor! Geez, I hope they don't vote off Jenna, she's my favorite.
#28 Sep 20, 2008
A fine democrat who embodies all the principles of the party of the left. Rangel would probably be Secretary of the Treasury if Barak Hussein Obama is elected.
#29 Sep 20, 2008
I think Rangel would serve better as the head of the IRS. Cold cash Jefferson should be Secretary of the Treasury. You can add Marion Barry as Drug Czar and Bill Ayers for Homeland Security,All Gore for Dept of Energy Attorney General could be OJ Simpson
#30 Sep 20, 2008
lol lol lol LOL
Add your comments below
|Drone Use OK'ed for Agricultural, Real Estate C... (Feb '15)||Feb '15||Peter Simmons||2|
|Sen. Pat Roberts grabs early lead in Kansas GOP... (Aug '14)||Aug '14||Asian Guy||5|
|Tea party still has election hopes as chances d... (Jul '14)||Jul '14||woofpack||19|
|In historic vote, House backs medical marijuana (May '14)||Jun '14||Cordwainer Trout||6|
|McCain: no global warming action until the left... (Mar '14)||Mar '14||SpaceBlues||1|
|Survey: Many Americans Don't Know What Fracking Is (May '13)||Dec '13||d pantz||217|
|House Republicans vote to deport DREAMers (Jun '13)||Jun '13||See the Light||9|
Find what you want!
Search Doc Hastings Forum Now
Copyright © 2016 Topix LLC