Great Information…..

While I can not claim credit for the compilation of facts below, after confirming the facts I felt that it was important to share…..

$34,000:
The amount of federal taxes that Secretary of the Treasury Timothy Geithner (D) failed to pay during his employment at the International Monetary Fund despite receiving extra compensation and explanatory brochures that described his tax liabilities.

True:  http://www.cleveland.com/nation/index.ssf/2009/01/timothy_geithner_obamas_nomine.html
$75,000:

The amount of money that the  head of the  powerful tax-writing committee, Rep. Charlie Rangel (D-NY), was forced to report  on his taxes after the discovery that he had not reported income from a  Dominican Republic rental property. His excuses for the failure started with blaming his wife, then his accountant and finally the fact that  he didn’t speak Spanish.

True http://www.nypost.com/seven/09102008/news/regionalnews/rangels_spanish_excuse_128444.htm

$93,000:

The  INCREASE in the amount of petty cash each of our Congressional representatives voted to give themselves in January 2009 during the height of an economic meltdown. That’s a $40 + million INCREASE!

http://gatewaypundit.blogspot.com/2009/01/its-recession-congress-gives-lawmakers.html See video here from Fox

$133,900:

The amount Fannie Mae “invested” in Chris Dodd (D-CT), head of the powerful Senate Banking Committee, presumably to repel oversight of the GSE prior to its meltdown. Said meltdown helped touch off the  current economic crisis. In only a few years time, Fannie also “invested” over $105,000 in then-Senator Barack Obama.

True:  http://www.opensecrets.org/news/2008/07/top-senate-recipients-of-fanni.html

$140,000:

The amount of back taxes and interest that Cabinet nominee Tom Daschle (D) was forced to cough up after the vetting process revealed significant, unexplained tax liabilities.

True:  http://online.wsj.com/article/SB123335984751235247.html?mod=googlenews_wsj Wall Street Journal

$356,000:

The approximate amount of income and deductions that Daschle (D) was forced to report on his amended 2005 and 2007 tax returns after being caught cheating on his taxes.  This includes $255,256 for the use of a car service, $83,333 in unreported income, and $14,963 in charitable contributions.

True:  http://online.wsj.com/article/SB123335984751235247.html?mod=googlenews_wsj Wall Street Journal

$800,000:

The amount of “sweetheart” mortgages Senate Banking Chairman Chris Dodd (D-CT) received from Countrywide Financial, the details for which he has refused to release details despite months of promises  to do so. Countrywide was once the nation’s largest mortgage lender and linked to  Government-Sponsored Entities like Fannie Mae and Freddie Mac. Their meltdown precipitated the current financial crisis. Just days ago in Pennsylvania , Countrywide was forced to pay $150,000,000 in mortgage assistance following “a state investigation that concluded that Countrywide relaxed its underwriting standards to sell risky loans to consumers who did not understand them and could not afford them.”

True:  http://rightvoices.com/2008/08/21/more-sweetheart-loan-details-on-senator-chris-dodd-d-ct-chairman-of-the-senate-committee-on-banking-housing-and-urban-affairs/

$1,000,000:

The  estimated amount of donations by Denise Rich, wife of fugitive Marc Rich, to Democrat interests and the William J. Clinton Foundation in an apparent quid pro quo deal that resulted in a pardon for Mr. Rich. The pardon was reviewed and blessed by Obama Attorney General and then Deputy AG Eric Holder, despite numerous requests by government officials to turn it down.

True:  http://articles.latimes.com/2008/nov/20/nation/na-holder20

$12,000,000:

The amount of TARP money provided to community bank One United despite the fact that it did not qualify for funds, and was “under attack from its regulators for
allegations of poor lending practices and executive-pay abuses.”  It turns out that Rep. Maxine Waters (D-CA), a key contributor to the Fannie Mae meltdown, just happens to be married to one of the bank’s former directors.

True:  http://online.wsj.com/article/SB123258284337504295.html Wall Street Journal

$23,500,000:

The upper range of net worth Rep. Allan  Mollohan (D-WV) accumulated in four years time according to The Washington Post through earmarks of “tens of millions of dollars to groups associated with his own business partners.”

True:  http://www.washingtonpost.com/wp-dyn/content/article/2006/05/14/AR2006051401032.html Washington Post

$2,000,000,000:

($2 billion) the approximate amount of  money that House Appropriations Chairman David Obey (D-WI) is earmarking related to his son’s lobbying  efforts. The son, Craig Obey, is “a top lobbyist for the nonprofit group” that would receive a roughly $2 billion component of the “Stimulus”package.

True:  http://www.newwest.net/topic/article/a_plan_for_stimulus_money_national_parks/C530/L37/

…and this as a list of these related stories:  http://search.yahoo.com/404handler?src=news&+++%0A+fr%3D404_news%26ref%3Dhttp://directorblue.blogspot.com/2009/01/obama-democrats-by-numbers.html&url=http://news.yahoo.com/s/ap/20090129/ap_on_go_co/stimulus_national_parks_2

$3,700,000,000:

($3.7 billion) not to be outdone, this is the estimated value of various defense contracts awarded to a company controlled by the husband of Rep. Diane Feinstein (D-CA).  Despite an obvious conflict-of-interest as “a  member of the Military Construction Appropriations subcommittee, Sen. Feinstein voted for appropriations worth billions to her husband’s firms.”

True:  http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2003/04/22/MN310531.DTL

$4,190,000,000:

($4.19 billion) the amount of money in the so-called “Stimulus” package devoted to fraudulent voter registration ACORN group under the auspices of “Community Stabilization Activities”. ACORN is currently the subject
of a RICO suit in Ohio .

True:  http://www.ocregister.com/articles/stimulus-economy-percent-2295331-bill-pelosi

$1,646,000,000,000  ($1.646  trillion):

The approximate amount of annual United States exports endangered by the “Stimulus” package, which provides a “Buy American” stricture. According to international trade experts, a “US-EU trade war looms” which could result in a worldwide economic depression reminiscent of that touched off by the protectionist Smoot-Hawley Act.

True:  http://www.asiaing.com/2008-national-export-strategy-the-new-global-main-street.html

and http://www.powerlineblog.com/archives/2009/01/022685.php

Background:  Smmot-Hawley Act:  http://en.wikipedia.org/wiki/Smoot-Hawley_Tariff_Act

After reading this, it makes no sense why we as a society, a people who are struggling during these tough financial times would continue to keep these “thieves” in office.  Do your part, and I’ll do mine at the voting booths and we can get these corrupt incumbents out of Washington!!!

Another Corrupt Adviser for Obama

Do you know the name Lawrence Summers? 

Lawrence Summers was the Treasury Secretary under President Clinton who was the mastermind behind the loopholes in the financial regulations that allowed the toxic derivatives market to almost bankrupt this country.  He now holds the post of Obama’s top economic advisor, and received $8 million dollars from Wall Street firms last year – hedge fund firms which Summers and his protégé, Tim Geithner are using to clean up toxic assets with taxpayer dollars.

Summers was the proponent behind the prevention of hedge fund regulation during the Clinton administration, which was at the center of the collapse of the derivatives market last year.  In addition, Summers was paid outrageous amounts for speaking engagements at D.E. Shaw, Goldman Sachs, Lehman Brothers, Merrill Lynch and Citigroup as late as November 2008, shortly before these companies received bailout funds from American taxpayers.

The scariest point, is now Summers is in charge of overseeing the $2.86 trillion of bailout funds to these same companies he once protected from regulation, and received large payments from in the past year.  Someone scream, CONFLICT OF INTEREST.

Before we put a weasel at the helm of the financial crisis, I beg Congress to question Dr. Summers about what has happened to change his 1998 theory about regulations on financial companies:  “the parties to these kinds of contracts are largely sophisticated financial institutions that would appear to be eminently capable of protecting themselves from fraud and counterparty insolvencies. … ”

The same man, who less than a decade ago claimed that the financial district could self manage their loss factor is now been placed at the “forefront of the Obama administrations work to provide regulatory framework that will strengthen the financial system” as described by the White House spokesman Ben Labolt.

Read the article from Robert Scheer @ truthdig.com

Obama and Geithner Receive Low Marks

According to a recent Wall Street Journal report, President Obama and Secretary of Treasury Tim Geithner have less than impressed 49 economists with their inital financial and stimulus plans, and have received failing grades in reflection.

It’s nice to see that the number crunchers (economists) are finally showing more common sence than the average American. While the President’s popularity ratings hover near 60%, the bulk of economists polled shared that they were dissatisfied with the President’s economic policies.

While some 49% of those polled were doubtfull that the stimulus passed last month would be enough, there are many that question whether a stimulus was needed at all.

The major critisim stems from Secretary Geithner’s lack of a true plan for recovery of the US financial system. Investors have watched the Doe fall 20% since the Feb. 10 press conference where Geithner unveiled a rough blueprint for moving forward with the bailout using an additional 2 trillion dollars of TARP funds.

This poll marks the begining of what I hope is a trend of lessing support for the Obama Administation. I am confident that those “beer goggles” will start falling off citizens, even those to the far left before too long.

Read the whole story http://http//online.wsj.com/article/SB123671107124286261.html