September 30, 2008
Armando Falcon, American Hero
Earlier today I posted a video of a hearing back in 2004 where the chief regulator of Fannie and Freddie, a gentleman named Armando Falcon, was browbeaten by Democratic legislators because he was calling for greater regulatory authority to control a situation that he judged to be out of control.
Among those who did the browbeating were Maxine Waters (D), Gregory Meeks (D -who was "pissed off" about having to be at the hearing and questioned Falcon's competence and that of his agency), Lacy Clay (D-who played the race card and said the hearing amounted to the "political lynching" of Franklin Raines, who is an Obama economic adviser now after pocketing $90 million as CEO of Fannie Mae), Arthur Davis (D) and of course the chief defender of Freddie and Fannie, Barney Frank (D).
Well Armando Falcon made clear in the hearing, despite the unseemly personal abuse he was subjected to in a setting, that the problems lied with the GSEs and how they did business and not how he and his agency regulated them.
THIS WAS FOUR YEARS AGO PEOPLE.
Armando Falcon was vindicated. If there were justice in the world, voters would toss out the bums mentioned above.
Anyway, I googled Armando Falcon and the first hit I found was this interview he did with a U.S. News and World Report journalist/blogger. This was last month.
More on Falcon here, here, and here.
Posted by Henry Louis Gomez at September 30, 2008 06:29 PM
Comments
Damn, why isn't this front page news? Sorry stupid question
Posted by: readytoshoot ![[TypeKey Profile Page]](http://www.babalublog.com/nav-commenters.gif)
at September 30, 2008 08:39 PM
Why this is not front page news? Why is GWB underwritting this fraud? Because of political correctness they want it to go away, lets say it the way it is: black politicians and a gay politician raped the Freddy and the Fay, the CEOs at those two who are also black looted the joints, no one has the balls to say that they are black crooks just like there are white crooks, they all have even less balls to say it when a black guy is running for Office. Where are the real Americans in this Shit Sandwish? Why can't one American with cojones stand up and yell this out before the idiots in this country elect a fucking communist? Is GWB afraid that his legacy would be to be called a racist while it is OK for him to be called a Herbert Hoover?
Posted by: Doorgunner at September 30, 2008 09:55 PM
I call FAG on Barney Frank - LOL!
Posted by: Cangrejero de Caibarien at September 30, 2008 11:50 PM
I know, Cangrejero. I cringed too. Really Barney Frank is guilty of a lot of things including running a brothel but his homosexuality has nothing to do with the massive fraud he's perpetuated.
Posted by: Henry Louis Gomez at October 1, 2008 12:01 AM
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