Results for "fannie"

Phony fruits from a phony administration.

Photoshop/CoC card set credit: Tennyson Hayes
It’s not quite the Mother of All Distractions, but it’s up there. Maybe the First Cousin of All Distractions.
The White House unveiled its ballyhooed $90 billion plan to punish banks with a “Financial Crisis Responsibility Fee” this afternoon. It’s faker than the fake garden vegetables the First Lady served [...]

It’s official. The Hill reports this morning that the Dems have formally agreed to bypass the formal conference committee process to ram the government health care plan through for Barack Obama: “Aides said the agreement was reached during a Tuesday evening meeting at the White House with President Barack Obama, Vice President Joe Biden and [...]

Meow.

Oh, crikey. I’m cramping up.
From.
Laughing so hard.
Ouch. Ow. Stop the pain!
The administration’s new two-pronged initiative, operating under a law passed by Congress last year, will consist of a bond purchase program to support new lending by these agencies, and a temporary credit and liquidity program to boost agency access to credit sources for their existing [...]

Same old, same old.

The Naked Emperor revisited.

Egad, hasn’t he done enough damage already?
Apparently not. Via the Boston Globe, Rep. Barney Frank can’t wait to meddle even more in the marketplace. Keep an eye on the grabby hands:
As chairman of the House Financial Services Committee, Frank is busy assembling a complex bill to give the federal government unprecedented control over the country’s [...]

GOP members of the House Oversight Committee have put out a report analyzing Fannie Mae and Freddie Mac’s role in the housing meltdown.
The Hill summarizes:
“The housing bubble that burst in 2007 and led to a financial crisis can be traced back to the federal government intervention in the U.S. housing market intended to help provide [...]

Beware the grubby paws (hat tip – Will Amos):
House Financial Services Committee Chairman Barney Frank has a plan to funnel income from the government’s $700 billion bailout fund toward the housing sector.
The powerful Massachusetts Democrat last week quietly introduced legislation that aims to use $1 billion in dividends paid by the recipients of government aid [...]

This is a red flag. On the House floor this afternoon, Barney Frank explained the “placeholder” in the cap and trade bill that apparently will deal with regulations of financial derivatives market associated with reducing carbon emissions.
Frank says he is confident a “good system will be in place.”
In other words: Trust him.
Hello?
Trust him?
Are you [...]

The fraud-ridden money pit known as Fannie Mae needs more of your money.
Who among the Fannie-kissers in Congress will say no?
Say goodbye to another $19 billion:
Fannie Mae (FNM.P), the largest provider of U.S. home mortgage funding, said on Friday it needs more capital from the U.S. Treasury after a $23.2 billion loss in the [...]

Wah.

So, in addition to preemptive smears and sabotage efforts, the Left’s nutroots — feeling, well, left out of the spotlight after putting the Obamessiah in office — are organizing their own anti-Tea Party demonstrations.
Liberal guru Joe Trippi and government-subsidized Bill Moyers are pushing the new initiative, titled “A New Way Forward.” Hey, wasn’t Obama supposed [...]

There was a big dog-and-pony show earlier today led by Tiny Tim Geithner, who announced bold new initiatives to crack down on mortgage scammers and shut down irresponsible lenders cooking the books.
Speaking of mortgage scammers who cooked the books, when will they shut down Fannie and Freddie and go after their enablers in Congress?
Oh, [...]

Grabby Hands.

My syndicated column today tallies up all the craptacular spending that’s been going on while the AIG-bashing hypocrites on the Hill crow about $165 million in corporate bonuses none of them bothered to stop before they rushed to fork over billions to AIG in the first place. I mention the little-noticed $6 billion GIVE Act, [...]

Grabby.

My syndicated column today looks at the award-winning performances of Washington hypocrites outraged by the AIG entitlement beast they nurtured through four massive bailout infusions. For added comic relief, be sure to read through the entire transcript of Robert Gibbs’ press briefing yesterday. (It’s been sanitized. Just add 25 “ums” during every exchange on AIG [...]

The Kabuki Theater of Outrage.

I wish.

If it isn’t fraudulent ACORN foreclosure “victims” siphoning off taxpayer funds, it’s well-off home borrowers in Nancy Pelosi’s backyard demanding a piece of the mortgage bailout pie.
Moochers to the left of me, moochers to the far left…
Legislation heading to the floor of the House today would help more Bay Area homeowners qualify for the mortgage [...]

Seattle on Monday. Denver on Tuesday. Mesa AZ on Wednesday. Overland Park, Kansas today. What a week, huh? We got the anti-stimulus, anti-entitlement protest ball rolling — and now the movement, spurred further by CNBC host Rick Santelli’s call for a “Chicago Tea Party,” is really taking off.
David Hogberg at Investor’s Business Daily has a [...]

“ALL OF US WILL PAY.”

Photoshop credit: Leo Alberti
My syndicated column today looks at the massive mortgage entitlement campaign launched by President Obama today — and the concurrent, anti-foreclosure bullying campaign launched by ACORN. I’ve been warning about this for weeks (see here, here, here, and here) — and in particular, I’ve been blasting the Republicans for playing right [...]

Scroll down for updates…Heritage, NTU, FreedomWorks, Club for Growth all oppose…
I am not the only one raising hell about Sen. Mitch McConnell’s moronic, multi-billion-dollar mortgage entitlement plan.
Yesterday, I printed the Heritage Foundation’s letter to the GOP leadership assailing the Big Government proposal.
Today, Ed Glaeser weighs in with a WSJ op-ed: The GOP Has a [...]

Grubby.

From bad to worse.

Click here for update: McConnell says his “goal is not to kill the bill.”
Where is my Mitch McConnell head-banging graphic? Why did he make me have to dig it up again first thing Monday morning? I can’t take it. I really can’t:

Over the weekend, you see, Sen. McConnell gave the GOP radio address. The subject [...]

So far this morning, it’s been an endless parade of Save the Children shrieking. A few bright lights about House Republicans.
GOP Rep. John Culberson chastised the Dems for refusing to hold hearings and refusing to allow Republicans to add amendments:
Said Culberson: “This is a blind yes vote for all of you. No hearings. What [...]