That are going to make my head explode. First, news that the ten executives at Fannie Mae and Freddie Mac, which are still operating in the red, and which are largely to blame for the housing crisis, got BONUSES. And I am not talking little bonuses, either. Those ten mo-fos got = and you better sit the hell down and swallow whatever you are drinking – $12.79 MILLION DOLLARS. Yes, you read that number correctly.
Gosh, I hate this Administration:
The Federal Housing Finance Agency, the government regulator for Fannie and Freddie, approved $12.79 million in bonus pay after 10 executives from the two government-sponsored corporations last year met modest performance targets tied to modifying mortgages in jeopardy of foreclosure.
The executives got the bonuses about two years after the federally backed mortgage giants received nearly $170 billion in taxpayer bailouts — and despite pledges by FHFA, the office tasked with keeping them solvent, that it would adjust the level of CEO-level pay after critics slammed huge compensation packages paid out to former Fannie Mae CEO Franklin Raines and others.
Securities and Exchange Commission documents show that Ed Haldeman, who announced last week that he is stepping down as Freddie Mac’s CEO, received a base salary of $900,000 last year yet took home an additional $2.3 million in bonus pay. Records show other Fannie and Freddie executives got similar Wall Street-style compensation packages; Fannie Mae CEO Michael Williams, for example, got $2.37 million in performance bonuses. (Click here to read the rest.)
So they got these massive bonuses for mild improvements after getting $170 BILLION of our taxpaying dollars. Are you freakin’ KIDDING me with this? Outrageous, just outrageous.
Just in case you need a reminder, check out this hearing from 2004:
Good grief, this makes my blood boil.
Next up is the Federal Government’s continued attacks on South Carolina, this time about our new Immigration law set to go into force in January. (You may recall that the NLRB went after SC for Boeing opening up a manufacturing plant here rather than in a union state, despite Boeing having plants in other states with unions, and which cost zero union jobs.)
Yes, the DOJ, that bastion of fairness and justice – cough, choke, cough – is attacking the state’s immigration law, which is similar to Arizona’s. If someone commits a crime, and the police have reason to suspect they are illegal, they can ask for proof of citizenship. If the person is illegal, the police officers will call in the appropriate immigration personnel to handle the offender. Additionally, businesses have to ensure their employees are here legally. (I thought everyone had to do that ANYWAY. I have had to prove my citizenship numerous times for positions I have taken.) But this DOJ takes umbrage with all of that, so it has filed a lawsuit against SC, naming Governor Haley as the defendant.
Now, let’s be clear – in no other country can you expect to go on your merry way if you are discovered to be there illegally. If you think you can live and work easily in another country without a visa, passport, or green card, go check it out. I’ll wait. Oh, no, I won’t because your ass will either be in jail, or on a plane home. No other country, including the two with whom we share borders, will allow you to live and work inside their country ILLEGALLY. Their laws are strict, and THEY ENFORCE THEM, unlike the United States.
The Federal government claims that this is their bastion – that’s their beef. Our governor, a daughter of LEGAL immigrants herself, Nikki Haley, said the government is not doing its job, it is not protecting our borders, it is not keeping out illegal aliens, and they are taking our jobs. Considering SC has higher unemployment than the national average, that is no small thing.
Here is more about both the law, and the complaint against it:
[snip] he government wants a judge to stop enforcement of the legislation, which requires that officers call federal immigration officials if they suspect someone is in the country illegally following a stop for something else, U.S. Attorney Bill Nettles told The Associated Press.
“The Department of Justice has many important tasks,” Nettles said. “Two of those important tasks are the defense of the constitution and ensuring equality is afforded to all.”
The law says all law enforcement officers are required to call federal immigration officials if they suspect someone is in the country illegally. The question must follow an arrest or traffic stop for something else. The measure bars officers from holding someone solely on that suspicion. Opponents railed against the measure as encouraging racial profiling.
The law also makes it a felony for someone to make fake photo IDs for illegal residents and creates a new law enforcement unit within the Department of Public Safety to enforce state immigration laws. It also makes it a felony for illegal immigrants to allow themselves to be transported.
Nettles said the law is unconstitutional and violates people’s right to due process.
I’m sorry, but none of those things sound all that egregious to me. The state wants to ensure people are living and working in the state legally, and it wants to punish those who try and get around that by making fake IDs, which I would think is illegal anyway. And this violates” due process”??
You know, if the DOJ wasn’t already such a laughing stock for the crap it has been pulling with not going after actual offenders, like the New Black Panther Party, or lying its freaking ass off over “Fast and Furious,” I might give them a tad more leeway. But they don’t deserve it. Not by a long shot.
Oh, but wait, there’s more. This is from none other than Janet Napolitano:
In a news release, Department of Homeland Security Secretary Janet Napolitano said South Carolina’s law “diverts critical law enforcement resources from the most serious threats to public safety and undermines the vital trust between local jurisdictions and the communities they serve, while failing to address the underlying problem: the need for comprehensive immigration reform at the federal level.” (Click here to read the rest.)
Oh, freakin’ spare me already. DO YOUR JOBS!!! This is just another wordy excuse for not doing what the US Constitution declares is the role of the Federal Government – to protect the country and its citizens from “invasion.” Do your damn job, and stop attacking states when they have to resort to taking care of their own borders for lack of federal action.
And speaking of the DOJ and lying its ass off over programs like “Fast and Furious,” the DOJ dumped a TON of emails on Congress the night before another hearing on this program. Yep. They have had months to do this, but waited until the very last minute to release 650 pages. Why? Well, because there was a hearing scheduled for the next day, that’s why.
But get this – not only are there more Congresspeople demanding Holder step down, but the data dump revealed the following:
[snip] The new documents, according to Iowa Republican Sen. Chuck Grassley, “indicate that contrary to previous denials by the Justice Department, the criminal division has a great deal of culpability in sweeping the previous Wide Receiver strategy under the rug and then allowing the subsequent Operation Fast and Furious to continue without asking key questions.”
“Most importantly, officials raised very appropriate questions related to Operation Wide Receiver at the same time that many of these same officials were receiving briefings on Operation Fast and Furious,” Grassley said in a statement. “It begs the question why they didn’t ask the same important policy questions about an ongoing case being run out of the same field division.” [snip](Click here to read the rest.)
Have I mentioned how much I hate this Administration?
So, sorry if this makes your head explode, too. I just had to share. I am sure there are things going on in your neck of the woods or with this government that are getting on your last nerve, too. Feel free to share that with us, too. I need an aspirin…