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Forum Post: Obummers mortgage deal draws detractors from all sides

Posted 12 years ago on Jan. 27, 2012, 8:07 p.m. EST by Obummer (-16)
This content is user submitted and not an official statement

Another one of Odumbos many failures

http://www.foxnews.com/politics/2012/01/27/mortgage-deal-draws-detractors/%20/?test=latestnews

5 Comments

[-] 3 points by TitusMoans (2451) from Boulder City, NV 12 years ago

The post relies on Fox News, hardly a credible source, really little more than a tool for Rupert Murdoch to spread his venom.

As for the comment below titled, "Where Are They Now" and a post of the same name. They are nothing more than fabrications or to put it in terms the two posters can actually comprehend: they're lies.

You can go to this link: http://urbanlegends.about.com/od/barackobama/a/wall_street.htm or to Wikipedia to verify my statements.

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[-] -1 points by Obummer (-16) 12 years ago

Sorry libtard but shoe shine is a failure

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[-] -2 points by patronus919 (5) 12 years ago

----- Forw Subject: Fw: Where are they now?

:

:

WHERE ARE THEY NOW? Surprise.... Answer..

The three who brought down Wall Street.

Here's a quick look into the three former Fannie Mae executives who brought down Wall Street.

Franklin Raines was a Chairman and Chief Executive Officer at Fannie Mae. Raines was forced to retire from his position with Fannie Mae when auditing discovered severe irregularities in Fannie Mae's accounting activities. Raines left with a "golden parachute valued at $240 Million in benefits. The Government filed suit against Raines when the depth of the accounting scandal became clear.

Tim Howard - was the Chief Financial Officer of Fannie Mae. Howard "was a strong internal proponent of using accounting strategies that would ensure a "stable pattern of earnings" at Fannie. Investigations by federal re gulators and the company's board of directors since concluded that management did manipulate 1998 earnings to trigger bonuses. Raines and Howard resigned under pressure in late 2004. Howard's Golden Parachute was estimated at $20 Million!

Jim Johnson - A former executive at Lehman Brothers and who was later forced from his position as Fannie Mae CEO. Investigators found that Fannie Mae had hidden a substantial amount of Johnson's 1998 compensation from the public, reporting that it was between $6 million and $7 million when it fact it was $21 million." Johnson is currently under investigation for taking illegal loans from Countrywide while serving as CEO of Fannie Mae. Johnson's Golden Parachute was estimated at $28 Million.

WHERE ARE THEY NOW?

FRANKLIN RAINES? Raines works for the Obama Campaign as his Chief Economic Advisor.

TIM HOWARD? Howard is a Chief Economic Advisor to Obama under Franklin Raines.

JIM JOHNSON? Johnson was hired as a Senior Obama Finance Advisor and was selected to run Obama's Vice Presidential Search Committee.

Kinda makes you sick to your stomach.

Our government seems to be rotten to the core !

Are we stupid or what? Vote in 2012..it is the most important election of our lives...

Can you say TERM LIMITS? I knew you could!

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[-] -2 points by SteveKJR (-497) 12 years ago

It's interesting how all these "sleeze bags" seem to stay in the "democratic loop".

Where's all the "change"? I guess it's all thats left in each and everyones pockets.

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[-] -1 points by Obummer (-16) 12 years ago

Got that right and the "hope & change" is more like "poverty & despair" to many

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