Blog Mission

The mission of this blog is keep readers informed on all of the unAmerican activities and lies of the Obama Administration.

Tuesday, March 27, 2012

Dee Perez-Scott votes the straight corruption ticket

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 regulators 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.

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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.
Adds credibility to the view that the Obama Administration is replete with Chicago-style crooks.
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...
How can anyone consider voting for Obama? – he is corrupt to the core.

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