Reply #92: Well, wait

[robdogbucky]

Is not the deficit commission known far and wide as the cat food commission? What is wrong with a little irony with it, after all it is readily transparent that the Simpson led committee sees to cut only entitlements to allegedly reduce deficit. I think it is a great way to use truth and sarcasm to point out the hypocrisy of such a transparent ploy to yet again seek entitlement cutbacks.

But back to your rants on Hamsher and FDL. Apparently you and your crew always point to her alleged alliance with Grover Norquist. You do know that their only concern in doing so appears to be the flushing out of Rahm Emanuel's activities when he headed Freddie Mac/Fannie Mae under Clinton, right?

Now, if you can stay on topic long enough without resorting to some posing or insults or allegedly witty one liners, what is wrong with exposing corruption, even when it is someone from the current administration? What do you think of the administration's refusal to disclose minutes of FM meetings when Emanuel was in charge? You do know that somewhat unclean hands were revealed regarding his activies and at least the use of agency funds for campaigning activities when Emanuel sought public office after his stint at FM, right?

So, again, why trash FDL, Jane Hamsher, just because she once agreed with the well-known right wing no-tax (at least no tax that effects him or his causes) nut, just to flush out corruption? Is it okay if it is a Democratic operative from this administration's inner circle that is corrupt? Why has AG Holder refused to respond to such documents requests made by the Chicago Tribune?

It seems that these would not be good Democratic or progressive values to espouse. I would like to know the answers to these questions and I'm not anyone's paid troll. I'm just a dumb Irish fisherman originally from Wisconsin that has always voted Democratic. It would seem that these concerns about Emanuel's actions are valid. Read and educate:


Fannie-Freddie Fix at $160 Billion With $1 Trillion Worst Case
By Lorraine Woellert and John Gittelsohn - Jun 13, 2010 4:00 PM PT

The cost of fixing Fannie Mae and Freddie Mac, the mortgage companies that last year bought or guaranteed three-quarters of all U.S. home loans, will be at least $160 billion and could grow to as much as $1 trillion after the biggest bailout in American history.
Fannie and Freddie, now 80 percent owned by U.S. taxpayers, already have drawn $145 billion from an unlimited line of government credit granted to ensure that home buyers can get loans while the private housing-finance industry is moribund. That surpasses the amount spent on rescues of American International Group Inc., General Motors Co. or Citigroup Inc., which have begun repaying their debts.

“It is the mother of all bailouts,” said Edward Pinto, a former chief credit officer at Fannie Mae, who is now a consultant to the mortgage-finance industry.

Fannie, based in Washington, and Freddie in McLean, Virginia, own or guarantee 53 percent of the nation’s $10.7 trillion in residential mortgages, according to a June 10 Federal Reserve report. Millions of bad loans issued during the housing bubble remain on their books, and delinquencies continue to rise. How deep in the hole Fannie and Freddie go depends on unemployment, interest rates and other drivers of home prices, according to the companies and economists who study them.


http://www.bloomberg.com/news/2010-06-13/fannie-freddie-fix-expands-to-160-billion-with-worst-case-at-1-trillion.



Odd Couple Of Norquist, Hamsher Call For Investigation, Rahm's Resignation
Dec 23 2009, 4:12 PM ET

Grover Norquist and Jane Hamsher are not often on the same side of anything, beyond both usually being in the Western Hemisphere. Norquist is a leading voice of fiscal conservatism as head of the anti-tax group Americans for Tax Reform; Hamsher is a leading voice of the digital left, whose blog Firedoglake has taken on influence in speaking up for progressives during the health care debate and in pressuring lawmakers through its activist arm, FDL Action.

But the two have united to level serious allegations at White House Chief of Staff Rahm Emanuel and demand his resignation.

Hamsher and Norquist coauthored a letter to Attorney General Eric Holder today calling for a Department of Justice investigation of Emanuel for his role on the board of Freddie Mac, alleging that the White House, since Emanuel arrived there, has blocked an investigation of the government-sponsored mortgage lender.

Emanuel served on Freddie Mac's board in 2000-2001, when he quit to run (successfully) for Congress. He has also recently sparked the ire of liberals like Hamsher after it was reported that he pushed for Senate Democratic leaders to compromise with Sen. Joe Lieberman (I-CT) on health care reform and jettison an expansion of Medicare from the Senate bill.

See their letter below:
http://www.theatlantic.com/business/archive/2009/12/odd-couple-of-norquist-hamsher-call-for-investigation-rahms-resignation/32543/




So, again I ask, what is your crew's beef with FDL and Jane Hamsher, and what the hell do they have to do with DailyKos?




Just my dos centavos


robdogbucky