Collapse or the Democrat Swindle of the U.S. Taxpayer
In 2006 an election year, the Democrats were still trying to lay the Enron scandal on Bush and the Republicans. With the help of the press a cover up of a larger financial scandal was taking place. A scandal that we are paying for today. In 2006 a 3 year investigation into fraud at Fannie Mae was concluded. It revealed a level of financial misconduct by Franklin Raines, Jamie Gorelick, and others that grossly overstated earnings by 10.6 Billion dollars. To gain bonuses.
For those who don't know both Raines and Gorelick were high ranking officials in the Clinton Administration.
http://www.opensecrets.org/news/2008/07/top-senate-recipients-of-fanni.html
http://eddriscoll.com/archives/013595.php |
