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Basher51's Bluff and Bluster

by Basher51 from Sussex

Last Post 3 hours Ago


Say that at your job you find out that if certain financial targets are met you will be rewarded handsomely.  So, you start cooking the books and playing fast and loose with the profit and loss statements. You start making wildly speculative deals on mortgage paper that you know to be practically worthless.  Suddenly, you are $90,000,000 richer!  Even after you get caught doing it, it costs you nothing.  In fact, you become a close advisor to the Annointed One destined to be our next president.  So, how do you celebrate?  By buying a $5,000,000 bachelor pad.

Yup, its' good to be Franklin Raines.  You can screw honest hard working people out of their money, be a close advisor of the next president, and still never have to be called to account by the press.  He's lucky that he's not a Republican or he'd be held to account for his outrageous behavior.

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Member Comments Total Comments: 3
Page 1 of 1
rasguy24 read my blog
Oct 10, 2008 | 1:43 AM

It's a good this thing was perpetrated by democrats, or our prisons would be over crowded

adoseoftruth read my blog view my photos
Oct 10, 2008 | 1:46 PM

Two years ago you have the word "makaw kaw"..........and some guy named Foley sending illicit emails to Federal interns.

If I recall correctly the media couldn't take a day off of those stories........yet, you TODAY, have Franklin Raines, a former CEO of a mortgage GSE whose actions have contributed to a financial crisis not seen the Great Depression. Where's the Press????? Where's the OUTRAGE????? If it is out there, I haven't seen it.

But, we do know where Franklins Raines is now: advising Mr. Barack Obama.

dangle read my blog view my photos
Oct 16, 2008 | 11:16 PM

Advising Mr. Barack Obama?

Not true.

http://www.snopes.com/politics/obama/fanniemae.asp

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Basher51

I'm a middle-aged guy who is somewhat overweight and desperately trying to get into the shape that I was 25 years ago. I'm a retired firefighter (City of Waukesha) and I now work as an inspector for insurance companies. I love the work and since I'm an independent contractor I get to set my own schedule. I am also a track chaplain with Motor Racing Outreach Association and minister at Slinger Speedway. As for hobbies, I enjoy watching all types of stock car racing, and am devoted to fishing, travel, photographing Great Lakes ore carriers. I'm a member of the International Defensive Pistol Association and compete locally in action pistol competition.

Member Since: 1/5/2007