FHA Financing & Your Market Today
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Duration : 0:7:33
If the U.S. financial system is to regain its health, immediate action must be taken to force hedge funds and private equity to be registered with the SEC. Accountability must be restored.
Duration : 0:9:23
John McCain has put out another advertisement that is an outright lie stating that Obama receives advice from Franklin Raines.
Watch Ari Melber shut load mouth Joe Watkins down.
For context check the WaPo:
The McCain video attempts to link Obama to Franklin Raines, the former CEO of the bankrupt mortgage giant, Fannie Mae, who also happens to be African-American. It then shows a photograph of an elderly white woman taxpayer who has supposedly been “stuck with the bill” as a result of the “extensive financial fraud” at Fannie Mae.
The Obama campaign last night issued a statement by Raines insisting, “I am not an advisor to Barack Obama, nor have I provided his campaign with advice on housing or economic matters.” Obama spokesman Bill Burton went a little further, telling me in an e-mail that the campaign had “neither sought nor received” advice from Raines “on any matter.”
So what evidence does the McCain campaign have for the supposed Obama-Raines connection? It is pretty flimsy, but it is not made up completely out of whole cloth. McCain spokesman Brian Rogers points to three items in the Washington Post in July and August. It turns out that the three items (including an editorial) all rely on the same single conversation, between Raines and a Washington Post business reporter, Anita Huslin, who wrote a profile of the discredited Fannie Mae boss that appeared on July 16. The profile reported that Raines, who retired from Fannie Mae four years ago, had “taken calls from Barack Obama’s presidential campaign seeking his advice on mortgage and housing policy matters.”
Since this has now become a campaign issue, I asked Huslin to provide the exact circumstances of the quote. She explained that she was chatting with Raines during the photo shoot, and asked “if he was engaged at all with the Democrats’ quest for the White House. He said that he had gotten a couple of calls from the Obama campaign. I asked him about what, and he said ‘oh, general housing, economy issues.’ (‘Not mortgage/foreclosure meltdown or Fannie-specific,’ I asked, and he said ‘no.’)”
By Raines’s own account, he took a couple of calls from someone on the Obama campaign, and they had some general discussions about economic issues. I have asked both Raines and the Obama people for more details on these calls, and will let you know if I receive a reply.
The Pinocchio Test
The McCain campaign is clearly exaggerating wildly in attempting to depict Franklin Raines as a close adviser to Obama on “housing and mortgage policy.” If we are to believe Raines, he did have a couple of telephone conversations with someone in the Obama campaign. But that hardly makes him an adviser to the candidate himself–and certainly not in the way depicted in the McCain video release.
http://voices.washingtonpost.com/fact-checker/2008/09/obamas_fannie_mae_connection.html
Duration : 0:4:11
David Reese wrecks and gets wrecked by a humongous Goliath. http://chewonthis.tv/rates.html
Duration : 0:7:44
Mike takes questions from the audience after the Minneapolis, Minnesota premiere of ‘Capitalism: A Love Story’ at the Lagoon Theater on Friday, September 18th, 2009.
Causing the revolt at http://www.michaelmoore.com/
Duration : 0:9:9
Originally from: robertjag September 28, 2008
NY Times article: http://tinyurl.com/3fpk37
Duration : 0:1:46
Why are we in this position with the economy? Simple. The Democratic Party forced the banking industry to provide loans to people who could not afford them. Thank you, Democrats!! Thank you, Fannie and Freddy. Thank you Franklin Raines. Thank you Maxine Waters.
Duration : 0:1:36
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Duration : 0:0:38
Paul discusses funding options for seniors