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Why the national debt went up 3 quarter trillion

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Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: September/29/2008 at 09:48
Chris Farris View Drop Down
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The simplest, best way to explain why the national debt went up by 3 quarter trillion dollars...watch this all!!!

http://www.youtube.com/TheMouthPeace



Edited by Chris Farris - October/03/2008 at 10:31
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: September/29/2008 at 14:34
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Why in God's name don't the Republican's get this message out there?  All this documentation and no one is using it in Primetime.   America is on the verge of a collapse and Saturday Night Live pokes fun at the Governor of Alaska. 
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: September/29/2008 at 15:39
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Wow that video has been pulled already.  It says This video is no longer available due to a copyright claim by Warner Music Group.  What some BS.

Well Ed now we know why it is not out there.  F-ing liberal media controls all.


Edited by supertool73 - September/29/2008 at 15:41
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: September/29/2008 at 15:45
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Ahh, here is another copy.  Gotto love the fortitude of these folks.  Big%20Grin




Edited by supertool73 - September/29/2008 at 15:48
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: September/29/2008 at 16:11
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Yes, but I heard that the political parties are not targeting the internet with ads....only 1% of political ad budget is for the Net......we need Sarah Palin to QUOTE THIS STUFF during her debate...........Stare    
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: September/29/2008 at 21:07
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That video made sense,  despite the fact that I had to watch it three times 'cause I don't read fast.  I'm surrounded by dems, so this should give me some ammo....since they blame everything on this admin.

Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: September/29/2008 at 22:38
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 And you know what ... do you realize how many mortgages are out there being paid by the taxpayer ? Just like subsidized rent and utilities ... we are paying for them . It's estimated 85% are fraudulently being paid because the single moms are laying in bed every night with some bum and not reporting his income to the liberal fed programs . On top of that we are paying for all their illegitimate kids by 2-5 different fathers who won't pay . The women just write down " father unknown " !!!! Our city had a man ejected by police at the local social services because he finally came in and went off because he reported a woman over a dozen times comitting fraud and they did nothing ! And guess what they still have done NOTHING !!!!! They even found the guy living there and had proof he had been there for over 2 years ! Don't you think it a bit unfair I have to pay every d*m penny of my taxes and bills but low life does'nt .... ? With Obama it's going to get alot worse ! Oh and I forgot the free automobiles they now give out .... if the tramps get a job ... free car and insurance ... if they quit in a month they get to keep it anyway !!!! I ride by the DSS every once in awhile and the lines of low life extend 300 feet on give away days . Makes me sick !
 
 Ed ... stop mentioning Sarah Palin .... I get erotic thoughts .... can't help myself .... LOL  Bucky  I see why John keeps his eye on her rear and twists his wedding ring when he's near her.... did you see those videos they captured of him .... it's hilarious ... ? The lucky old fart ! 
 And this one is funny .... listen to his last comment to the young guy !!! You gotta love him !!!
 Ed this one's for you ....  http://www.johnmccain.com/palin.htm  she needs you !


Edited by mercenary1947 - September/29/2008 at 23:04
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: September/30/2008 at 09:14
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"  Ya-Hoo!!!  Sarah Palin !!!  What a little dogie!!!  Wahoo!!!  Boy I'm a-gonna rope and hog-tie that gal and stuff her in muh sleepin' bag!!! "
 
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: September/30/2008 at 16:57
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Here is a quick look into 3 former Fannie Mae executives who have 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 irregulaties 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-charges/ . 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 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.   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

Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: October/01/2008 at 07:13
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How come Charlie Gibson and Bill O'Reilly aren't shouting about THIS??!!   Shocked    Cussing
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: October/01/2008 at 12:16
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Explosive Video, Fannie Mae CEO calling Obama and the Dems the "Family" and "Conscience" of Fannie Mae
 
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: October/01/2008 at 12:33
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I wonder why these folks aren't being prosecuted? This is some of our tax dollars being mis-appropriated, and then that many more to bail them out. Not to mention the investors that lost so much because it's a publicly traded GOVERNMENT PARTNERED business. How is it that they can get away with it and ENRON couldn't?
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: October/02/2008 at 10:44
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Originally posted by cyborg cyborg wrote:

I wonder why these folks aren't being prosecuted? This is some of our tax dollars being mis-appropriated, and then that many more to bail them out. Not to mention the investors that lost so much because it's a publicly traded GOVERNMENT PARTNERED business. How is it that they can get away with it and ENRON couldn't?
 
 Basically the same question i posed earlier .... buddy ! You don't even hear of any punishment or investigations on those idiots !!! They not only destroyed the USA economy ...  but the world's ! Email the white house and ask good old george ... you won't get an answer .... because he is in bed with all of them  !!!!
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: October/02/2008 at 10:48
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Originally posted by Ed Connelly Ed Connelly wrote:

How come Charlie Gibson and Bill O'Reilly aren't shouting about THIS??!!   Shocked    Cussing
 
  Because FOX news will be hiring them as consultatnts ... as they did good old Karl  Rove ... that crook !!! He needed a pardon from howdy doody to stay out of jail .... now he works for FOX NEWS !!!!!
 
BUSH --->      < ---- CHENEY
 
  Here's a pic of the owner of fox news ......
 
 
 


Edited by mercenary1947 - October/02/2008 at 11:08
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: October/02/2008 at 11:30
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Use this link to track what they did to the bailout bill http://www.govtrack.us/special/econstimbill/changes.xpd
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: October/03/2008 at 09:15
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Here's something that will chap your ass. The books were cooked to increase the stock worth on the traded market. Washington knew this. The Republicans knew this, The Democrats knew this, and all just pointed the finger back and forth at each other. This was a set-up guys. A pure and simple set-up. It is being devised by the Central Banks that will now have the stock options of the companies and get them as equity for pennies on the dollar. Naturally to clear any sense of impropriety, they will have the option of buying them back. Ofcourse it will then be at the new market price. Do you honestly think that they will be able to afford to do so? Who gains in all of this?????? The Central Banks do. This is a designed money grab and Washington allowed it to happen. Who loses the most?????? We do. We are the ones footing the bill because there will be a decrease in the buying power of your hard earned dollar. Once this has happened and the stock prices rise, the lending practices will resume unchanged and the whole thing will happen again, and again there will be a stock grab. Washington will do the same thing again, and the Media will use its power to sell the prescribed fix again. We are being attacked financially by those that we have put in power, and those that aim to rule the world by means of financial bullying, and fear.
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: October/05/2008 at 11:42
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 The republicans and the democrats sold us ALL out ! Over 87 % of americans said NO .... they all voted for it anyway .... does that tell you something ? What government for the people by the people .... what a joke ! The sooner that b*st*rd BUSH gets out of the white house the better . Now ... the polls and emails being sent are backing up what I stated months ago .... the people of the USA consider him the worst president ever to serve in the United States .... and that idiot still thinks he'll have a good legacy .... LOL  He's shamed his family and his country .
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: October/06/2008 at 06:26
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I told you guys that you need to voice your thoughts to your reps. We here in Ga do all the time and not a single republican voted for this disastrous bill. Further more only four of our reps did vote yes. All four are dems that represent the so brain challenged that they're lucky they even can remember to inhale.
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