Obama's New Chief of Staff Was Director of Freddie Mac During Scandal, Change We Can Believe In? | |
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mathetes User ID: 514914 United States 11/07/2008 07:23 PM Report Abusive Post Report Copyright Violation | Re: Obama's New Chief of Staff Was Director of Freddie Mac During Scandal, Change We Can Believe In? Finally, we are able to see what Obama was talking about when he said he was going to "change" things. Put the Freddie Mac bastards into his cabinet it looks like. Quoting: More of the same ... 429261Emanuel Was Director Of Freddie Mac During Scandal New Obama Chief of Staff, Others on Board, Missed "Red Flags" of Alleged Fraud Scheme President-elect Barack Obama's newly appointed chief of staff, Rahm Emanuel, served on the board of directors of the federal mortgage firm Freddie Mac at a time when scandal was brewing at the troubled agency and the board failed to spot "red flags," according to government reports reviewed by ABCNews.com. [link to www.abcnews.go.com] OP you need to go on YouTube and watch about 5 hrs of Obama speeches,that will fix your wagon. You have some nerve coming on here and posting FACTS! For I would not, brethren, that ye should be ignorant of this mystery, lest ye should be wise in your own conceits; that blindness in part is happened to Israel, until the fulness of the Gentiles be come in. |
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Anonymous Coward User ID: 517480 United States 11/07/2008 08:16 PM Report Abusive Post Report Copyright Violation | Re: Obama's New Chief of Staff Was Director of Freddie Mac During Scandal, Change We Can Believe In? I would post that I did not vote for him, but some may take that as racial. Frankly it had nothing to do with race, but everything to do with this. Can't wait for the Obama freaks to actually see what they voted us all in for. Just wait and watch, things will change that's for sure, but I fear not for the better. |
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Anonymous Coward User ID: 545546 United States 11/07/2008 09:55 PM Report Abusive Post Report Copyright Violation | Re: Obama's New Chief of Staff Was Director of Freddie Mac During Scandal, Change We Can Believe In? good find OP. Quoting: Anonymous Coward 475771have you seen how many posts there are about people finally seeing the light after the election and accepting him. theres still a few of us left who cant be mesmerized and fooled. I don't watch TV. I think that's why I haven't been programmed like the rest. |
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THE PATRIOT User ID: 521172 United States 11/07/2008 10:04 PM Report Abusive Post Report Copyright Violation | Re: Obama's New Chief of Staff Was Director of Freddie Mac During Scandal, Change We Can Believe In? Finally, we are able to see what Obama was talking about when he said he was going to "change" things. Put the Freddie Mac bastards into his cabinet it looks like. Quoting: mathetesEmanuel Was Director Of Freddie Mac During Scandal New Obama Chief of Staff, Others on Board, Missed "Red Flags" of Alleged Fraud Scheme President-elect Barack Obama's newly appointed chief of staff, Rahm Emanuel, served on the board of directors of the federal mortgage firm Freddie Mac at a time when scandal was brewing at the troubled agency and the board failed to spot "red flags," according to government reports reviewed by ABCNews.com. [link to www.abcnews.go.com] OP you need to go on YouTube and watch about 5 hrs of Obama speeches,that will fix your wagon. You have some nerve coming on here and posting FACTS! Yep, OP, Facts are now labeled Racist and this nation has deemed that these are no longer necessary to elect even the Commander in Chief anymore. All we need now are "WORDS" and "SPEECHES" apparently It would be more acceptable if you posted nothing but positive sun rising topics that emulate the greatness of leader... Kim Jong Il will surely be jealous... |
anonymous User ID: 545886 United States 11/07/2008 10:06 PM Report Abusive Post Report Copyright Violation | Re: Obama's New Chief of Staff Was Director of Freddie Mac During Scandal, Change We Can Believe In? Finally, we are able to see what Obama was talking about when he said he was going to "change" things. Put the Freddie Mac bastards into his cabinet it looks like. Quoting: mathetesEmanuel Was Director Of Freddie Mac During Scandal New Obama Chief of Staff, Others on Board, Missed "Red Flags" of Alleged Fraud Scheme President-elect Barack Obama's newly appointed chief of staff, Rahm Emanuel, served on the board of directors of the federal mortgage firm Freddie Mac at a time when scandal was brewing at the troubled agency and the board failed to spot "red flags," according to government reports reviewed by ABCNews.com. [link to www.abcnews.go.com] OP you need to go on YouTube and watch about 5 hrs of Obama speeches,that will fix your wagon. You have some nerve coming on here and posting FACTS! obama pushed for mortages to unqualifed purchasers on sub prime..congress wrote wall street's new rules in Clinton yrs . Bush was blamed.....my can opener of 15 yrs works slow. its Bushes fault |
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Anonymous Coward User ID: 309414 United States 11/08/2008 01:40 AM Report Abusive Post Report Copyright Violation | Re: Obama's New Chief of Staff Was Director of Freddie Mac During Scandal, Change We Can Believe In? good find OP. Quoting: Anonymous Coward 475771have you seen how many posts there are about people finally seeing the light after the election and accepting him. theres still a few of us left who cant be mesmerized and fooled. And they plan on taking more change from us. thanks assholes who voted him in |
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Elias User ID: 454918 United States 11/08/2008 05:23 PM Report Abusive Post Report Copyright Violation | Re: Obama's New Chief of Staff Was Director of Freddie Mac During Scandal, Change We Can Believe In? Emanuel Was Director Of Freddie Mac During Scandal New Obama Chief of Staff, Others on Board, Missed "Red Flags" of Alleged Fraud Scheme By BRIAN ROSS and RHONDA SCHWARTZ November 7, 2008 President-elect Barack Obama's newly appointed chief of staff, Rahm Emanuel, served on the board of directors of the federal mortgage firm Freddie Mac at a time when scandal was brewing at the troubled agency and the board failed to spot "red flags," according to government reports reviewed by ABCNews.com. According to a complaint later filed by the Securities and Exchange Commission, Freddie Mac, known formally as the Federal Home Loan Mortgage Corporation, misreported profits by billions of dollars in order to deceive investors between the years 2000 and 2002. Emanuel was not named in the SEC complaint (click here to read) but the entire board was later accused by the Office of Federal Housing Enterprise Oversight (OFHEO) (click here to read) of having "failed in its duty to follow up on matters brought to its attention." In a statement to ABCNews.com, a spokesperson said Emanuel served on the board for "13 months-a relatively short period of time." The spokesperson said that while on the board, Emanuel "believed that Freddie Mac needed to address concerns raised by Congressional critics." Freddie Mac agreed to pay a $50 million penalty in 2007 to settle the SEC complaint and four top executives of the Federal Home Loan Mortgage Corporation were charged with negligent conduct and, like the company, agreed to settle the case without admitting or denying the allegations. The actions by Freddie Mac are cited by some economists as the beginning of the country's economic meltdown. The federal government this year was forced to take over Freddie Mac and a sister federal mortgage agency, Fannie Mae, pledging at least $200 billion in public funds. Freddie Mac records have been subpoenaed by the Justice Department as part of its investigation of the suspect accounting procedures. Emanuel was named to the Freddie Mac board by President Bill Clinton in 2000 and resigned his position when he ran for Congress in May, 2001. Freddie Mac Misrepresented Income, Says SEC During the years 2000, 2001 and 2002, according to the SEC, Freddie Mac substantially misrepresented its income to "present investors with the image of a company that would continue to generate predictable and growing earnings." The role of the 18-member board of directors, including Emanuel, was not addressed in the SEC's public action but was heavily criticized by the oversight group (OFHEO) in 2003. The oversight report said the board had been apprised of the suspect accounting tactics but "failed to make reasonable inquiries of management." The report also said board members appointed by the President, such as Emanuel, serve terms that are far too short "for them to play a meaningful role on the Board." As a Congressman, Emanuel recused himself from any votes dealing with Freddie Mac until just this year. In dealing with the nation's economic crisis, the new White House chief of staff will almost certainly be involved in discussions about the house and mortgage markets. Emanuel's spokesperson said, "As White House chief of staff he will work with President-elect Obama and his economic advisers to help ensure we protect taxpayers and homeowners." Click Here for the Investigative Homepage. [link to abcnews.go.com] The world doesn't make sense until you force it to. - Frank Miller "Don't buy into a superficial reality. It has an expiration date." Truth Devour (Wantin) |
Elias User ID: 454918 United States 11/08/2008 05:24 PM Report Abusive Post Report Copyright Violation | Re: Obama's New Chief of Staff Was Director of Freddie Mac During Scandal, Change We Can Believe In? I have to go with the OP with his sentiment. It is not going to get any better is it? Quoting: Anonymous Coward 542905Worser. The world doesn't make sense until you force it to. - Frank Miller "Don't buy into a superficial reality. It has an expiration date." Truth Devour (Wantin) |
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Enlilson User ID: 544020 United States 11/08/2008 05:39 PM Report Abusive Post Report Copyright Violation | Re: Obama's New Chief of Staff Was Director of Freddie Mac During Scandal, Change We Can Believe In? After working in investment banking, in 2002 Emanuel pursued the U.S. House seat in the 5th District of Illinois previously held by Rod Blagojevich [link to en.wikipedia.org] The OP title is misleading yet I am not surpised some many have jumped on this like soap on a shipwreck. Director or Board of Directors are two different positions. I am not sure that he was even on the board as he would have been a sitting congressman. It doesn't matter who I m it's who U R so ChoOse |
Melaniki (Olmec-Mayan) User ID: 231295 United States 11/08/2008 05:53 PM Report Abusive Post Report Copyright Violation | Re: Obama's New Chief of Staff Was Director of Freddie Mac During Scandal, Change We Can Believe In? Okay. This is a warning to white males in particular, once and no more. Obama is the least of your worries. He is the horn sounding above the waters. The death knell of the present rulership of the planet. The time of the pale man whom the Indigenous peoples of North America called "White eye" because he had no soul, is up. Obama, the Black Eagle, symbolizes the beginning of the end of the reign of the pale race, the rise of the darker skinned races of the earth once more. You pale man, have proven you cannot rule peaceably on the earth nor co-exist peacefully with humanity. Your vibration is that of war, death and bloodshed, polarization and segregation. All who come under its influence are compelled to kill and destroy. White males do not know the meaning of harmony or peaceful association except by domination. The frequency you have falsely created and the world consciousness it has generated is tuned to death and killing and hatred and negativity. It is destroying the earth. It threatens all life on this planet. Earth, therefore, has made a decision. Every living male on the planet faces extinction if you do not stop and alter your consciousness. And even that might not be enough. White men, you are incomprehensively evil. The flaw is in the design. It comes with your template. You are driven by hatred, predation, bloodlust and contempt for anything you can't control. Above all, you are driven by fear. You have every right to be fearful however. Your time on this earth is nearly up. Why? You refuse to change. You CANNOT change. And you will not BE changed. Therefore you are dying. You are not being told you as an entire species are dying but you are. And it is about to escalate. The sun, in the next couple of years will be your worst nightmare. The are other issues going on with you that I won't reveal at this time. It will trigger latent viruses within you. Alter your chromosomes. Result in horrible deformations and morphological changes. It will drive many mad, even moreso than you already are. The irony? The only thing that might offer a ray of hope, will be melanin. The pigment that codes for dark skin. The irony of the gods will be that the one thing you have come to and been taught to hate more than your own survival, will be the very thing that will save some. Dark skin. You can laugh, or rant and rave and continue your war against yourself, against women, against children, against nature, against the planet. You will lose this war. You will perish from the earth, as many empires before you, never to return again. This truth may anger you, shock you or give you cause for amusement. But it will resonate in the very dna that created you. That even now is attempting to warn you that something is coming and it isn't Barack. It is fate. Destiny. Karma. It is blowback. You can continue your hating now. You have been warned. |