Tuesday, April 24, 2012

The Corrupt Obama Organization....It has to be Stopped!!!

This tells you a lot about the Obama Organization and this corrupt Administration....It's simply rotten to the core, just like Barack Obama...He HAS to be stopped in November 2012...

Where are Jim, Tim, and Franklin now?

Here's a quick look into the three former Fannie Mae executives who 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 irregularities in Fannie Mae's accounting activities. 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.

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. 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. 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 in fact it was $21 million." Johnson is currently under investigation for taking illegal loans from Countrywide while serving as CEO of Fannie Mae. Johnson's Golden Parachute was estimated at $28 Million.

** WHERE ARE THEY NOW ? ********************************

FRANKLIN RAINES? Raines works for the Obama Campaign as his Chief Economic Advisor. TIM

HOWARD? Howard is a Chief Economic Advisor to Obama under Franklin Raines. JIM

JOHNSON? Johnson was hired as a Senior Obama Finance Advisor and was selected to run Obama's Vice Presidential Search Committee.

Our government is rotten to the core! Are we stupid or what? Vote in 2012. It is the most important election of our time.


  1. Just more BS coming from the teabaggers!

    "While the above litany of charges against former Fannie Mae executives Franklin Raines, Tim Howard, and Jim Johnson matches up pretty closely with what has been reported in legitimate news sources, it's not true that any of these gentlemen went on to serve as "chief economic adviser" or "senior financial adviser" to the Barack Obama campaign."

    1. Oh and by the way, this BS is 4 years old from the 2008 campaign.

      Can't you at least update your Faux News hate Obama rhetoric?