Sunday, September 28, 2008

Fannie, Freddie & Frank (Part Deux)

Previously I wrote about the political shenanigans going on with Democrats pointing both barrels of blame at Republicans for the current Bailout Debacle centered around the malevolent twins, Fannie & Freddie.

My issue is not to give the Republicans a free ride as I find them just as culpable, but to slap the democrats for being so incredibly outrageous as to look the American people in the eye and OUTRIGHT LIE to them.

We live in a world where our every word has the potential for being taped for future posterity. I believe that the problems we are facing today stem from both parties being more responsive to the Lobbyists and not to their employers, the American Taxpayers.

But there is nothing that riles me more than someone getting in front of the TV and having the AUDACITY to lie to me. Either you are trying to cover up your mistakes, or by virtue of your testimony you are INCOMPETENT.

So, watch the video and judge for yourself:

http://www.youtube.com/watch?v=_MGT_cSi7Rs

Then when your stomach settles, you can listen to Fannie Mae's former CEO Daniel Mudd fawning over the Dem's in 2005. He served at Fannie from 2000 till this month when he was shown the door.

Mr. Mudd (I wonder if his parents knew how perfect that name would be) won't get his "severance package" sadly. But don't feel bad for old Danny Boy. The man's salary was only $900,000.00 but amazingly, he actually received $11.6 million in salary, stock and other compensation for 2007. It unfortunately was a pay-cut over his 2006 "winnings" which was $14.4 million. I wonder, do they list these jobs on "Career Builder"?

Anyway, without further ado, here he is calling calling the Dem's the "Family" and "Conscience" of Fannie Mae. Maybe he should have followed my rule, never loan family money!

http://www.youtube.com/watch?v=usvG-s_Ssb0

Andrew,
The Angry American

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