Posts Tagged ‘Fannie Mae’

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Not up to Whose Standards?

October 7, 2008

MM has reported on NBC’s reasoning for pulling a skit from its website.  NBC has reported that the skit will be edited and reposted as soon as the editing is complete.  In my eyes the only thing that deserves to hit the editor’s room floor is the line “People who deserve to be shot”.  I do believe the Sander’s have some ‘splainin to do, but they are real people.  The last thing we need is some psychopath finding these slime and shooting them.  If anything else is edited out, NBC has cemented themselves as a Corporation who has pledged their allegiance to the the Left Wing financiers, and will even censor themselves to retain their loyalty. 

MM reports

Peter Viles at L.A. Land reports that Saturday Night Live is rewriting its forbidden Soros/Sandler-bashing
bailout skit because it “didn’t meet their standards.”

Translation: It didn’t meet George Soros’s standards!

The scoop:

A “Saturday Night Live” skit that skewered President Bush, Democrats, homebuyers and subprime lenders for their roles in the mortgage meltdown was removed from the program’s website because it “didn’t meet out standards,” a spokesman for the show said Tuesday. An edited version of the skit will be re-posted online soon, the spokesman said.

The skit, a parody of a C-SPAN news conference, ridiculed subprime borrowers, housing speculators and Herbert and Marion Sandler, the real-life couple who built Golden West Financial into a subprime lending powerhouse and sold it to Wachovia before the subprime collapse. At one point in the skit, the Herb Sandler character says he made $24 billion off the subprime boom. Graphics then appear labeling the Sandlers as “People who should be shot.”

“Upon review, we caught certain elements in the sketch that didn’t meet our standards,” a spokesman for the program said in an E-mail message Tuesday. “We took it down and made some minor changes and it will be back online soon.”

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Jack Donaghy’s Alter Ego on the Financial Crisis

October 7, 2008

Linked from the National Review:

Alec Baldwin on Bill Maher

The, the thing we have to remember, a friend of mine who is very close to the financial community in New York pointed out that Democrats have a lot of the responsibility for this as well. I mean, it was Clinton who killed the Glass-Steagall, and it happened under a Democratic president. Barney Frank and his committee, they, they kept propping up Fannie Mae and Freddie Mac saying everything’s fine, everything’s fine, everything’s good. And it was his job to know everything wasn’t fine. And Barney Frank let you down and let us down as well. And so, but I want to say there’s blame to go both ways. But I will say, I want to, I maybe keep beating this to death, but I still think anyone in this Congress who voted to add $140 billion to that bill, they should be ashamed of themselves. That is a disgrace. It’s a disgrace. This Congress is a disgrace, Democrat and Republican.

As we all know, he is completely wrong on Glass-Steagall as subprime had already started. It is interesting to see Jack Donaghy (Alec Baldwin’s Republican character on 30 Rock) inform the usually super-liberal Alec Baldwin’s opinion

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The Messiah Right Before He Hits the Lottery on the Taxpayer’s Behalf

September 29, 2008

This 2005 video confirms the connnection between the One and Fannie Mae. 

Some funny coincidences:

In 2005– Senator John McCain partnered with three other Senate Republicans to reform the government’s involvement in lending, after an attempt by the Bush administration died in Congress two years earlier.
Democrats blocked the reform.

In 2005– Barack Obama and the Congressional Black Caucus met with Fannie Mae for a “family” event. In 2005 Democrats also blocked reform of Fannie Mae:

 – R21 – https://trustbutverify.wordpress.com