Tag Archives: subprime mortgage

ACORN Thugs Cut Padlocks Occupy Foreclosed Homes With Little Concern Over Legal Consequences

Fox News business journalist Stuart Varney, while a bit contentious with ACORN representative Bertha Lewis–clearly a top graduate of the Barack Hussein Obama School of Community Organizing–calls the criminal actions these ACORN thugs are doing as accurately as you will see anywhere in the lamestream media…

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Obama "Outraged" Over C.E.O. Pay And Bonuses. Conveniently Forgets About His Friends Franklin Raines, James Johnson

Now we should take a moment to wonder just where Obama was when his friend and one time campaign advisor Franklin Raines, a former Chairman and C.E.O of Fannie Mae when the Securities & Exchange Commission’s chief accountant ruled that Fannie had improperly accounted for hedging transactions in its trillion-dollar portfolio of derivatives. The SEC eventually ordered Fannie to correct its books wiping out at least $6.3 billion of previously reported profit for years 2001-2004.

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