Franklin Raines: "Our assets are so riskless that it doesn't matter if we're levered up 80-1"

Watch pols (mostly Democrats) make asses of themselves defending the GSE's, plus watch Fannie Mae CEO Franklin Raines claim that "these assets are so riskless" that it doesn't matter if we're levered up 80-1.  Gotta love the internet for keeping this footage around forever.  We might not get them all tossed in jail, but we can sure ruin their reputations by pointing out their hypocrisy.  Again and again and again.

Related:

Franklin Raines On Foreclosure Fraud (CNBC)

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Video: TSA Gropes 6-Year-Old Girl

Updated on Apr 13, 2011 at 5:41 PM by DailyBail

From the mother of the young girl:

Cannot believe people are allowed to touch my child in this manner. The TSA should be abolished and anyone who has groped another person cited, fined and/or jailed for personal assault. I tried to stop this and was threatened with fines, jail and delay in getting to my destination. There are better ways to keep our citizens safe from terrorists. We need to find a way to keep ourselves safe from the TSA too. “Just doing their job” is an excuse used by people who do wrong.

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Top 25 Hedge Fund Managers Make Almost $1 Billion Each - And Pay Less In Taxes Than You (Links)

• Top 25 Hedge Fund Heads Make $1 Billion Each - Benefit From Loophole
• Rothschild Executives Sue UBS After Losing Money on Tax Shelter
• U.S. Trustee Seeks Info on Lehman Liquidation - Criminal Implications
• Discouraged Workers Complicate Fed's Response to Jobless Fall
• IMF urges US to address debt now
• Bank gives man foreclosed Jacksonville house for free
• Byers Sentenced to 13 Years, Four Months - Ponzi Scheme
• Bureaucrats, Сivil Servants and Their Salaries Across the Globe
• Taxpayers foot $850M bill for Wall St.'s pension fees
• Cost of Libya war for US at $608 million: Pentagon
• Britain to sue Iceland in EU court over Icesave

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Costliest Government Program Of All? - The $5 Trillion In Undeclared Wars Over The Last Decade

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Paul Ryan Dodges Question On Whether GOP Budget Will End Corporate Welfare

Full story inside.

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Chris Whalen With Dylan Ratigan: Which Banks & How Much - Surprises From Bernanke's Forced Disclosure

• "Goldman would have failed without the bailout.  No question."

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Ron Paul On The Almost Gov't Shutdown: "The right agreed to more welfare and the left agreed to more warfare"

Update:  John Podhoretz says the budget deal might be collapsing...

Video - Ron Paul Texas Straight Talk - April 11, 2011

Transcript is inside.

The Nanny State Can't Last

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Obama regrets 2006 vote against raising debt ceiling

Video - White House Briefing - Apr. 11, 2011

White House press secretary Jay Carney reiterated Monday that President Obama "regrets" his vote in 2006 against raising the debt ceiling.

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Obama on the national debt in 2007...

Try not to spit on your monitor as you listen to the hypocrisy.

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Barack Obama, Confuser-In-Chief

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Mothers Against The National Debt

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Dylan Ratigan: Stand Off Looms Over Debt Ceiling, Deficit Hypocrisy From Both Sides - N.M. Gov. Gary Johnson

Video - Ratigan with Former New Mexico Governor Gary Johnson

Excellent discussion.  Here's a profile on Johnson from Politico...

• Gary Johnson emerges as the next Ron Paul

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Audit The Fed: Ron Paul With The Judge On Geithner, Paulson, Bernanke, Goldman & AIG

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Wake Up America! Insanity In Indian Shores Florida

Indian Shores, Florida, a beach town with less than 2,000 residents, is building a 4-story town hall.  This structure epitomizes public sector/political hubris.  

Watch the first 2 minutes.  Attack on Sarah, Rush and Glenn Beck.

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Judge Napolitano: "When it comes to war, there is no difference between Republicans and Democrats; Both parties are power hungry and blood thirsty"

Outstanding 2-minute clip.

Video - April 10, 2011 - Judge Napolitano - Freedom Watch

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