Showing posts with label Wall Street. Show all posts
Showing posts with label Wall Street. Show all posts

Friday, February 24, 2012

Obama's and his top economic advisers, bring down America!

The three who brought down Wall Street.

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.

*****************************************************************************************

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.

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...







Thursday, October 20, 2011

Biden,Reid,Obama and Wall Street

Vice President Joe Biden now says that the number of sexual assaults would increase if Republicans don’t sign on to Barack Obama’s latest “jobs” proposal. The when confronted at an event about the comment Biden tried to flip and flop, “I didn’t use, no no no…Let’s get it straight, guy. Don’t screw around with me,” Then Biden confirmed that he indeed did talk about rape in terms of the President’s spending measure. “Murder will continue to rise, rape will continue to rise, all crimes will continue to rise,” if the Democrats agenda isn’t passed, he added. So, this is the next man in line to be your President…how sad is this? How sick is it when the VP tries to scare people that crime will rise if the Republicans don’t bow down to him and Obama by supporting a bad “jobs bill”. I don’t know who the next President and VP will be, but God willing, they will be nothing like the two that are in office now!

Then you have the support of Harry Reid, a total fool and socialist.
Senate Majority Leader Harry Reid (D-Nev.) on Wednesday said Congress needs to worry about government jobs more than private-sector jobs, and that this is why Senate Democrats are pushing a bill aimed at shoring up teachers and first-responders.
"It's very clear that private-sector jobs have been doing just fine; it's the public-sector jobs where we've lost huge numbers, and that's what this legislation is all about," Reid said on the Senate floor.
Send this idiot home! Does he have a stamp on his forehead that reads "I love union votes!" It is a fact that the only jobs show a growth, is GOVERNMENT supported jobs! As I have said before, this is completely backwards from what should be taking place in an economic recovery. Yet stupid Harry is the leader of the liberals/democrats in the senate…my word…change that in 2012!

  Last but not least, you have the fool of all narcissist fools being a cheerleader for himself when no one likes what he has to say.
Obama offered firefighters his prescription for solving the persistent jobs crisis: "A fair shot for everybody; a fair share from everybody.
That's the principle that built America."
What the hell? Sorry, but who is this guy and what the hell is he talking about? His view has nothing to do with America or its history, what his view is, is, SOCIALISM.
There were 100 or so people crowded into the station garage. Early in his speech he mentioned his American Jobs Act. One or two people clapped.
"You can go ahead and clap," the president said. "Go ahead, nothing wrong with it."
Apparently there was and is, idiot! And then to ask people to clap for him…NARCISSIST!

Let’s not forget Mr. Obama’s supporters;
To judge by its most famous slogan, Occupy Wall Street sees itself as a movement made up of those in the bottom 99% of the income distribution. 


Yep, down with capitalism! "hey dude, check out our pics I posted on face book with my I pad. Your new shades and tee make you look assume man" "Hey, lets go get a burger, score some weed and get ready for the tent party tonight"






These kids are just children that have lost there way...or, just have not found it yet. Maybe this girl just saw a photo of Obama and is having the big "O"






Her sign should read, "I support Obama supporting me because I am to stoned and lazy to work"










                                                    OK, they win, here is their reward!



Friday, October 7, 2011

Wall Street and Responsibility


Hey hey, these guys look like someone I want to hire, don't you think so also?

President Obama said Thursday that the Occupy Wall Street protests show a “broad-based frustration” among Americans about how the U.S. financial system works. So? Obama is the smartest President in the history of our country…Is he saying something that is not obvious?
Speaking at an East Room news conference, Obama said he has monitored the movement, which has spread to dozens of cities nationwide. Good news! Obama is all over this movement huh?
“I think it expresses the frustrations the American people feel, that we had the biggest financial crisis since the Great Depression, huge collateral damage all throughout the country Yes, and Liberalism caused it!… and yet you’re still seeing some of the same folks who acted irresponsibly trying to fight efforts to crack down on the abusive practices that got us into this in the first place,” he said. Well this time Obama is right as rain. He, his administration and the democrats in congress are fighting all the reform efforts by the responsible members of the house and senate. It was the liberal government policies that lead to the housing bust. The “every American has a right to own a house” mentality lead to the feds demanding that banks loan money to those they otherwise would not have. People/loans that were risky were given government backed loans. Banks were told to make those loans because congress said they must or suffer the wrath and penalties of government. Government was behind those risky loans, not the banks! Understand this, the banks would not make those loans, government said they had to and to loan not just the sensible amount after a prudent down payment, but to loan up to 110% of the value of the home! AND…to make this loan to people who were at risk on not repaying the loan. Now, the government wants to blame the banks???
Does it make any sense to you? Banks are going under, government is spending tax money to bail them out, liberals complain about all the money the banks are making and protestors occupy wall street and demand that they give them jobs or raise their wages 2-3 times what they are now…SOMEONE is lying about this whole deal and blaming those you had no choice in the matter. Whatever happened to taking responsibility for your own actions? At least Ford motor company was able to refuse government intervention and they are doing just fine. Go figure.
So, more than 750 people being arrested in a dozen cities nationwide is just fine with President Obama, because their movement “expresses the frustrations” felt by the American people due to the financial crisis. 
 When it comes to the Tea Party, however, with one arrest out of millions of Americans who have gathered at hundreds of events, the president dismisses the movement as “extreme”, motivated by race, and bent on espousing views which are rejected by “a vast majority of Americans.”
So if you violently protest the financial industry that is fine with Obama and his liberal buddies. If you gather to voice your disagree with government policy, you are extremist and racist. Talk about spin!
Kind of like this bummer sticker below...