When will this government stop

1 reply [Last post]
normal's picture
Joined: 08/11/2009

A report by federal regulators shows the top six executives at Fannie Mae and Freddie Mac were paid $35 million in the last two years of government ownership, Reuters reports. The report was published Thursday by the inspector general of the Federal Housing Finance Agency, which regulates the mortgage giants. The report recommended that the agency establish a process to determine compensation for the top executives

Read more: Report cites Fannie, Freddie exec pay | St. Louis Business Journal

So this is still happening under Obamas watch. What a joke the white house is now. They just dont get it.

Joe Kawfi
Joe Kawfi's picture
Joined: 07/20/2009
Of course they get it normal.

Of course they get it normal. It's just that the Obama administration is full of a bunch of corrupt hypocrites with Obama having the number 1 position. Just look at his appointment to the Czar of the Council on Jobs- the tax dodger Immelt. The majority of jobs at GE are overseas and the company has managed to pay no income tax.
Obama and Immelt Playing US Like Fools

Mr. Obama has railed against just the sort of tax loophole exploitation of which G.E. is accused. "Over the years, a parade of lobbyists has rigged the tax code to benefit particular companies and industries," he said in his State of the Union address in January. "Those with accountants or lawyers to work the system can end up paying no taxes at all."

Where was Obama's concern about underhanded companies when he appointed Immelt? In addition to his company's tax evasion, Immelt has no loyalty to American ideals. He's been pushing China since 2001 and was doing business with Iran up to 2005. He likes the ways Germany does business as well; top down, bottom up and inside out government and business together.