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4 Our country is falling down around us and no one know what the future will bring, I am ready for a change and McCain will surely be more of the same. "John McCain, More of The Same." |
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2 Yeah, so why vote for EITHER of them? Don't sell yourselves short, you have more than two options! |
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1 Our 401k's are dimishing and the price of EVERTHING has doubled. We need answers and solutions. |
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2 Politicians rarely answer questions or provide solutions so don't hold your breath on that one. As far as the economy goes, there are problems right now, some of which are possible for a president to "fix" and many that are not. That being said, raising taxes on the wealthy who pay most of the taxes and punishing corporations for being successful is not the answer. Couple that with a trillion dollar plan for spending and I guarantee you we haven't seen the worst yet. |
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1 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. At the time of his departure The Wall Street Journal noted, " Raines, who long defended the company's accounting despite mounting evidence that it wasn't proper, issued a statement late Tuesday conceding that "mistakes were made" and saying he would assume responsibility as he had earlier promised. News reports indicate the company was under growing pressure from regulators to shake up its management in the wake of findings that the company's books ran afoul of generally accepted accounting principles for four years." Fannie Mae had to reduce its surplus by $9 billion. 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. http://housingdoom.com/2006/12/18/fannie-char... . The Government noted, "The 101 charges reveal how the individuals improperly manipulated earnings to maximize their bonuses, while knowingly neglecting accounting systems and internal controls, misapplying over twenty accounting principles and misleading the regulator and the public. The Notice explains how they submitted six years of misleading and inaccurate accounting statements and inaccurate capital reports that enabled them to grow Fannie Mae in an unsafe and unsound manner."; These charges were made in 2006. The Court ordered Raines to return $50 Million Dollars he received in bonuses based on the miss-stated Fannie Mae profits. 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. In everyday English - he was cooking the books. The Government Investigation determined that, "Chief Financial Officer, Tim Howard, failed to provide adequate oversight to key control and reporting functions within Fannie Mae," On June 16, 2006, Rep. Richard Baker, R-La., asked the Justice Department to investigate his allegations that two former Fannie Mae executives lied to Congress in October 2004 when they denied manipulating the mortgage-finance giant's income statement to achieve management pay bonuses. Investigations by federal regulators and the company's board of directors since concluded that management did ma nipulate 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. A look at the Office of Federal Housing Enterprise Oversight's May 2006 report on mismanagement and corruption inside Fannie Mae, and you'll see some interesting things about Johnson. 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 Chief Economic Advisor TIM HOWARD? Howard is also a Chief Economic Advisor to Obama JIM JOHNSON? Johnson hired as a Senior Obama Finance Advisor and was selected to run Obama's Vice Presidential Search Committee IF OBAMA PLANS ON CLEANING UP THE MESS - HIS ADVISORS HAVE THE EXPERTISE - THEY MADE THE MESS IN THE FIRST PLACE. |
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1 http://www.snopes.com/politics/obama/fanniema... |
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What eerie remarks has he made about Christianity? Do they come from the same forwarded emails that Mark gets? Because those are definitely the best source of information about politics right there. Also, the Nigerian royal family members asking you for money have no deceitful intentions, in case you were wondering. |
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5 Are you serious? Do you turn on the television? Do you really think that McCain is innocent of a negative campaign? You have got to be kidding me. He is by far the worst perpetrator of mudslinging -- and the analysts say that as well! I'm just banking on the majority of the American people being more with it than you... |
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Who's Mark? I'm sorry that you don't agree with me. Maybe you need to watch his television station on satellite and then you can see what I am talking about. |
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Whose television station? |
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