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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?

To: Kevin Rose who wrote (137602)	9/18/2008 4:27:09 PM
From: Bill	1 Recommendation Read Replies (1) \| Respond to of 173976

FEDERAL HOUSING ENTERPRISE REGULATOR REFORM ACT OF 2005 The United States Senate, May 25, 2006 Sen. John McCain [R-AZ]: "Mr. President, this week Fannie Mae’s regulator reported that the company’s quarterly reports of profit growth over the past few years were “illusions deliberately and systematically created” by the company’s senior management, which resulted in a $10.6 billion accounting scandal. The Office of Federal Housing Enterprise Oversight Oversight’s report goes on to say that Fannie Mae employees deliberately and intentionally manipulated financial reports to hit earnings targets in order to trigger bonuses for senior executives. In the case of Franklin Raines, Fannie Mae’s former chief executive officer, OFHEO’s report shows that over half of Mr. Raines’ compensation for the 6 years through 2003 was directly tied to meeting earnings targets. The report of financial misconduct at Fannie Mae echoes the deeply troubling $5 billion profit restatement at Freddie Mac. … For Years I have been concerned about the regulatory structure that governs Fannie Mae and Freddie Mac — known as Government-sponsored entities or GSEs— and the sheer magnitude of these companies and the role they play in the housing market. OFHEO’s report this week does nothing to ease these concerns. In fact, the report does quite the contrary. OFHEO’s report solidifies my view that the GSEs need to be reformed without delay." Democrats blocked both attempts to reform Fannie Mae.

To: Kevin Rose who wrote (137602)	9/18/2008 4:38:25 PM
From: longnshort	1 Recommendation Respond to of 173976

lolol look at Obama's financial guys, johnson, raines

To: Kevin Rose who wrote (137602)	9/18/2008 4:41:46 PM
From: SeachRE	1 Recommendation Respond to of 173976

Don't forget Republicans' SHENANIGANS. They've stolen two elections in a row...

To: Kevin Rose who wrote (137602)	9/18/2008 4:43:18 PM
From: longnshort	Read Replies (1) \| Respond to of 173976

Here's Rothschild telling Wolf Blitzer that he's the elite, not her. She said Ronald Reagan was correct--the Democrat Party left her as well. Lynn Forrester de Rothschild is a graduate of Columbia Law School and said a woman's right to choose is protected by the Constitution--she's not concerned McCain-Palin would reverse that right. She added the Dem party uses class warfare, and tries to hang the abortion rights issue around womens' necks as a wedge issue: youtube.com thanks to Ann