WORLDWIDE ECONOMIC MELTDOWN
This entire debacle was startedby Jimmy Carter and Bill Clinton gave it steroids. Penny Pritzer, chair of the Obama presidential campaign, with Earnst and Young working through Merrill Lynch, created the sub-prime financial meltdown of investment banks round the world. Future chair of Federal Reserve for Obama? http://www.ibdeditorials.com/IBDArticles.aspx?id=302137342405551
Bill Clinton dictated where and who would receive sub-prime loans. James Johnson was CEO at Fannie Mae when the Clinton Administration ordered the beginnings of the high risk market through the Community Redevelopment Act. Act.http://www.youtube.com/watch?v=_MGT_cSi7Rs&eurl=http://www.
Jim Johnson was in charge of the VP search and adviser to Obama. CEO Jim Johnson walked off with tens of millions of dollars in salary and bonuses for services rendered to Fannie Mae, even after authorities discovered accounting improprieties that padded his compensation. http://www.youtube.com/watch?v=Aq7DGTggpx0
Franklin Raines, Obama housing advisor and Fannie Mae’s former CEO. OFHEO’s report shows that over half of Mr. Raines’ compensation for the 6 years through 2003 $90 million was directly tied to meeting earnings targets using bogus accounting measures. http://www.youtube.com/watch?v=SYI0mHWQeD8
The current $700 billion bailout crisis was caused by Barney Frank, Chris Dodd, John Kerry, Nancy Pelosi and Harry Reid in cohorts with the CEO’S of Fannie Mae. Senator John McCain introduced a bill (S.190) in 2005 that would have avoided this meltdown. http://www.youtube.com/watch?v=qMClWTzj_HI&watch_response
Brad O'Leary, author of "The Audacity of Deceit: Barack Obama's War on American Values." "You can't give a tax cut to 95 percent of Americans if only 70 percent of them pay federal income taxes in the first place.” Obama’s “Bonus Welfare Checks!”
http://www.wnd.com/index.php?fa=PAGE.view&pageId=76971
Bill Clinton dictated where and who would receive sub-prime loans. James Johnson was CEO at Fannie Mae when the Clinton Administration ordered the beginnings of the high risk market through the Community Redevelopment Act. Act.http://www.youtube.com/watch?v=_MGT_cSi7Rs&eurl=http://www.
Jim Johnson was in charge of the VP search and adviser to Obama. CEO Jim Johnson walked off with tens of millions of dollars in salary and bonuses for services rendered to Fannie Mae, even after authorities discovered accounting improprieties that padded his compensation. http://www.youtube.com/watch?v=Aq7DGTggpx0
Franklin Raines, Obama housing advisor and Fannie Mae’s former CEO. OFHEO’s report shows that over half of Mr. Raines’ compensation for the 6 years through 2003 $90 million was directly tied to meeting earnings targets using bogus accounting measures. http://www.youtube.com/watch?v=SYI0mHWQeD8
The current $700 billion bailout crisis was caused by Barney Frank, Chris Dodd, John Kerry, Nancy Pelosi and Harry Reid in cohorts with the CEO’S of Fannie Mae. Senator John McCain introduced a bill (S.190) in 2005 that would have avoided this meltdown. http://www.youtube.com/watch?v=qMClWTzj_HI&watch_response
Brad O'Leary, author of "The Audacity of Deceit: Barack Obama's War on American Values." "You can't give a tax cut to 95 percent of Americans if only 70 percent of them pay federal income taxes in the first place.” Obama’s “Bonus Welfare Checks!”
http://www.wnd.com/index.php?fa=PAGE.view&pageId=76971
posted by SIRJASON at
3:42 PM
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