September 8, 2008

Obama Campaign Accused of Election Fraud and Voter Intimidation

by Bill Levinson
Circulation of the following is encouraged

Obama Campaign Accused of Election Fraud and Voter Intimidation

We note the haste with which Hillary Clinton–most likely under duress from her party’s leaders, who may have overtly or covertly reminded her of what happened to Joe Lieberman when he went against MoveOn.org–cut off the roll call vote at the Democratic National Convention. The Democratic Party did not want a complete roll call vote that would have underscored Obama’s lack of support, and perhaps even made Clinton the nominee. This is consistent with credible allegations that the Obama campaign itself interfered with the basic civil right of citizens to cast a free and secret ballot.

Posted by Bill Levinson @ 1:53 pm |

6 Comments »


  1. Election Fraud and Voter Intimidation-

    Sheesh, Bill, don’t you know that it’s a living breathing Constitution?

    File under Entitlement Mentality.

    Comment by elvis — September 8, 2008 @ 5:46 pm



  2. Ted,

    First of all, thanks for the information tidbits about Obama that you have been gleaning, mostly from secondary sources.

    That said, please shift your emphasis. We all know Obama is a Moslem-friendly man who surrounds himself with anti-Semitic, anti-White, anti-American idiots. Let’s move on. As much as some here would seem to be content to bad-mouth everything American and offer nothing but criticism of all the candidates, the United States is headed for several years of severe testing, both at home and abroad. Israel will be impacted by this, because the ENTIRE WORLD is about to be greatly shaken; and Israel’s kleptocratic neighbors and its own corrupt government will react in ways that we cannot predict. Russia’s Putin is just an early warning sign of what will happen. He has had his hand in the till to the tune of some $50 billion, and is not afraid to risk a nuclear war to divert attention from it. That kook in Iran, whose name I won’t even try to spell, is another case: He’s left the Iranian economy in such a shambles, even the head Ayatollah has spoken out against him; and his response has been a mad rush into a foreign policy that promises to destabilize the whole region. This is not a time to be digging up dirt on the pig Obama, who is covered with the stuff. The far more serious issue is the matter of qualifications for the office of President of the United States.

    Let me give an example, a very important example:

    McCain and Palin urge Fannie, Freddie restructuring
    Reuters Tue Sep 9, 2008 3:36am EDT

    “Republican White House nominees John McCain and Sarah Palin would ensure mortgage giants Fannie Mae and Freddie Mac were permanently restructured and downsized, the pair wrote in The Wall Street Journal…

    “In the future, Fannie, Freddie or any government organization should never insure a loan when the homeowner doesn’t have enough of his or her own capital in the investment,” McCain and Palin wrote in the column.

    “Democratic nominee Barack Obama has called the rescue plan a necessary move and said he’d be reviewing the details of the plan and monitoring its impact.”

    Notice that McCain AND Palin have already began dealing with this extremely important problem with concrete measures, while Obama has again been found napping. The Obama who has already shown himself to be inept in overseas military and political problems, which the public now overwhelmingly realizes, has shown himself to be equally slow and inept in domestic economic policy. The public needs to be alerted to this fact, quickly — not for any partisan reason, but because we are threatened as a nation with the prospect of a bumbling idiot in the White House — I mean a REAL idiot, not just a disjointed talker like George W. Bush.

    The Fannie Mae/ Freddie Mac issue is just the tip of an iceberg, as you should well know. The United States has been borrowing from foreign countries at an alarming rate in the past several decades, from places like China, Russia and Saudi Arabia, in US dollars. These countries have been willing to lend us money, because despite our weaknesses, we’ve promised a surety of financial return that other countries could not. Now we’re starting to burst our clothing at the seams, in a way that is impacting the US citizenry directly — and the economically most important part of that citizenry at that, namely, homeowners. They are losing their jobs, the high cost of oil is draining their wallets and they are increasingly having to foreclose on their mortgages. In the short term, this requires severe belt-tightening measures, starting with the restructuring of Fannie and Freddie that McCain and Palin are proposing.

    No doubt, Obama, when he starts waking up from his muddled dreams, will be issuing vapid calls for regulating, taxing the rich, etc. He cannot talk intelligently about the matter because, unlike Sarah Palin, he has never seriously confronted the issue of balancing a budget. “Present!” says he, as he straightens his necktie.

    The fallout from these federal bailouts will take center stage at election time, and the Republican team is on top of them. We need to be talking about our team’s competence in these matters and the incompetence of the other side, not focussing all our attention on the fact that the other side are a bunch of nutty radical, corrupt anti-Semites. That sort of talk might appeal to some here, but we have only 50-some days to do our duty to the Jewish people and to the world by ensuring that the greatest country in that world has a competent government.

    Thanks in advance

    Comment by BlandOatmeal — September 9, 2008 @ 3:38 am



  3. You wont hear anything from Democrats about Fannie Mae… they controlled it, they staffed it, they used its money for whatever they wanted

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

    This cycle, with Democrats in control, [Fanni Mae] reversed course, giving the party 56 percent of their total $1.1 million in contributions. Similarly, Freddie Mac has given 53 percent of its $555,700 in contributions to Democrats this cycle, compared to the 44 percent it gave during 2006

    Fannie Mae and Freddie Mac have also strategically given more contributions to lawmakers currently sitting on committees that primarily regulate their industry. Fifteen of the 25 lawmakers who have received the most from the two companies combined since the 1990 election sit on either the House Financial Services Committee; the Senate Banking, Housing & Urban Affairs Committee; or the Senate Finance Committee. The others have seats on the powerful Appropriations or Ways & Means committees, are members of the congressional leadership or have run for president. Sen. Chris Dodd (D-Conn.), chairman of the Senate banking committee, has received the most from Fannie and Freddie’s PACs and employees ($133,900 since 1989). Rep. Paul Kanjorski (D-Pa.) has received $65,500. Kanjorski chairs the House Financial Services Subcommittee on Capital Markets, Insurance and Government-Sponsored Enterprises, and Freddie Mac and Fannie Mae are government-sponsored enterprises, or GSEs.

    Top Recipients of Fannie Mae and Freddie Mac
    Campaign Contributions, 1989-2008

    Name Office Party/State Total

    1. Dodd, Christopher J S D-CT $133,900
    2. Kerry, John S D-MA $111,000
    3. Obama, Barack S D-IL $105,849
    4. Clinton, Hillary S D-NY $75,550
    5. Kanjorski, Paul E H D-PA $65,500

    Comment by VinceP1974 — September 9, 2008 @ 7:58 am



  4. Any search in Google with Democratic Enron Mae will provide much more informatin.

    This is probably the most accessible long-term sumary of the problem… I didn’t want to write a narrative. if one is interested then this is a good place to start.

    At the WSJ page itself are links to the individual stories.

    Through this whole time frame, Industry, the Fed, the White House, The Treasury ALL of them try to get reform passed through Congress.. Yet somehow Congress always gets blocked. These stories dont go into a lot of details as to why they get blocked, it seems like it’s fairly typical and annoying thing when it does, but the consistant theme running through this is that the Democrats shield any action from taking place againt Fannnie Mae because of cries about housing for the poor.

    Well thank you for your compassion because now we’re all going to poor.

    When the full facts come out about this, this nation might be in a revolt.

    Fannie Mayhem: A History
    September 8, 2008 8:41 p.m.

    http://online.wsj.com/article/SB1014169323358510560.html?mod=Extra

    • Fannie Mae Enron? 02/20/02 – Fan and Fred look like poorly run hedge funds: lots of leverage and snarkily hedged risk. Does the word Enron ring any bells?

    WSJ notices the debt for FM is going up a lot

    • Frantic Fannie 02/28/02 – Companies taking on so much risk and debt, and backed by taxpayers, ought to be more transparent in what they tell the world.
    Responding to last week The two biggest U.S. mortgage holders hit the airwaves to denounce us, accused us of bias against “housing”

    Ancedote of Rep Chairman wanting to hold hearings, Dem Rep shutting that down

    • Inside Fannie 03/19/02 – Fan and Fred don’t function like other companies. They’re allowed to pile up debt, implicitly guaranteed by taxpayers, without being held to even the minimum of corporate governance standards.

    • Fannie’s Inside Info 07/01/02 – Even in this post-Enron world, Fan and Fred do not provide as much information about these securities as private mortgage lenders do.

    • Fannie Capitulates, Sort Of 07/15/02 – Fannie Mae and Freddie Mac end months of resistance, stonewalling and downright crankiness and agree to register their common stock with the Securities and Exchange Commission.

    • Fannie Mae’s Risky Business 09/23/02 – We’ve been suggesting that Fannie Mae was exposed to too much interest-rate risk. All of a sudden investors seem to agree with us.

    • Fan and Fred Get the Business 02/19/03 – The year has not started auspiciously for the two mortgage-finance behemoths.

    • Speaking Truth to Fannie 03/12/03 – The president of the Federal Reserve Bank of St. Louis warns of a potential crisis arising from Fannie Mae and Freddie Mac.

    • Fannie Takes the Hill 10/09/03 – When the House of Representatives can’t get even a modest regulatory bill out of committee, the dangers of Fannie Mae become clear in reality.

    Notes that efforts by Committee chair keeps getting blocked, but doens’t say why

    • White House Fannie Pack 11/11/03 – White House chief economist N. Gregory Mankiw dares to tell the truth about Fannie Mae and Freddie Mac. The mortgage giants were not amused, which means we’re getting somewhere.

    WH attacked by Barney Frank for being against “housing”

    • Christmas for Fannie Mae 12/23/03 – The Federal Reserve Board releases a new staff study about the impact of taxpayer subsidies for Fannie Mae and Freddie Mac.

    So no wonder the companies are fighting so hard to block the Bush Administration’s effort to more thoroughly monitor and supervise their risk-taking

    • Fannie’s Risky Business 02/25/04 – Alan Greenspan puts his credibility behind the cause of reforming Fannie Mae and Freddie Mac.

    • Fannie Uncovered 09/23/04 – The housing-finance giant has been engaging in some accounting funny business.

    • Fannie Mae Enron? 10/04/04 – The company was cooking the books. Big time.

    The target EPS for maximum payout was $3.23 and Fannie reported exactly . . . $3.2309. This bull’s-eye was worth $1.932 million to then-CEO James Johnson, $1.19 million to then-CEO-designate Franklin Raines, and $779,625 to then-Vice Chairman Jamie Gorelick.

    • Fannie Mae Liberals 10/14/04 – There were many moments of high entertainment during the House hearings on Fannie Mae’s creative accounting. But our favorite was the Mister Magoo performance given by Barney Frank (D., Massachusetts).

    Mr. Frank chided Fannie CEO Frank Raines and CFO Tim Howard, saying, “At the level of compensation you get, we ought to be able to count on you to do your very best without additional incentives.” (THIS AFTER LEARNING ABOUT MILLIONS IN FRAUD!!! we were counting on you??!!?!? WTF)

    the good liberals in the Congressional Black Caucus. Members of this group are often the loudest defenders of Fannie and her brother, Freddie Mac. Can it be that the annual donations made by the Fannie Mae Foundation to the Caucus have blurred their vision too?

    Maxine Waters (D., California) cooed all over Mr. Raines, and Clay Lacy (D., Missouri) played the race card by calling the hearings a “political lynching” of Mr. Raines, who is African-American

    The default position for Fannie’s defenders is that the giant mortgage finance company provides more affordable housing.

    Fan and Fred’s Congressional sympathizers (including some of the same Members who lavished valentines over Fan last week) sent a letter to HUD complaining against the new quotas

    The evidence is overwhelming that Fannie only pretends to be a tribune of the poor.

    • Fannie the Centaur 12/17/04 – Understanding their half-man, half-beast nature is crucial to fixing Fannie Mae and Freddie Mac in the wake of their recent financial scandals.

    • Fannie Turns a Page 12/23/04 – Fannie Mae – a slick, semiprivate firm operating with the patronage of politicians – is the kind of institution one still expects to find in a country like France.

    • Fannie’s Friends on the Hill 05/09/05 – Congress finally seemed ready to protect taxpayers from Fannie Mae and Freddie Mac. Then Republican Mike Oxley decided to ride to their rescue.

    We should have known the two mortgage giants wouldn’t change without a fight. Their new, post-scandal, executives are talking a nice, cooperative game. But their allies in the homebuilding trades are deluging Congress with the usual fears that reining in Fan and Fred will hurt home ownership. They’re even playing the race card, as in the email we received from Mary Mancera of the National Association of Hispanic Real Estate Professionals. “Reform Proposals Will Limit Latinos Access to Homeownership,” she declared, apparently with a straight face.

    At a recent Senate hearing, the best New York’s Chuck Schumer could do on the point is browbeat Mr. Greenspan with studies disputing a Fed study showing that even the implicit government guarantee for Fan and Fred hardly lowers mortgage rates at all.

    . Mr. Schumer and other politicians are in it for the campaign contributions, and it is especially amusing to see liberals fight for MBS portfolios that merely enrich already rich Fannie executives.

    We hope the Bush Administration and Republicans on the Senate Banking Committee don’t flinch the way House Republicans have.

    • Fannie Mae’s House 10/25/05 – Every Congressional session can be counted on to produce its share of bad bills. But the “reform” bill for Fannie Mae and Freddie Mac is in a class of its own.

    The bill’s new “affordable housing” fund confiscates potentially billions of dollars of the profits of these nominally private companies to finance the pet projects of Barney Frank and other Democrats. This sort of targeted profits tax is not only a bad idea in its own right but also gives Members of Congress an even greater stake in opposing any reform that might dent that profit stream. That is precisely why it is being promoted by the homebuilder lobby and others who benefit from Fannie subsidies.

    Chairman Oxley seems oblivious to all this, focusing instead on raising PAC contributions and showing he can pass a bill by giving Mr. Frank whatever he wants.

    The sad political truth is that a Democratic Congress probably couldn’t pass this stinker without being accused (accurately) of promoting state socialism. That an ostensibly conservative House will pass it is another embarrassment for Republican governance.

    • Freddie’s Friends on the Hill 04/27/06 – The Federal Election Commission sheds some light on how Freddie Mac rewards its friends.

    The Bush Administration has been forceful in calling for Congress to reform how Fannie and Freddie are regulated and run. But if it wants its effort to succeed, it is going to have to show Fan and Fred and their friends on the Hill that Treasury will act if Congress doesn’t.

    • Memo to Fannie 06/14/06 – A joke in Washington these days goes like this: “What’s the difference between Enron and Fannie Mae? Answer: The guys at Enron have been convicted.”

    Mr. Quarles said the Administration would prefer that Congress act to give a new regulatory body that power instead. But Fannie and Freddie and their political allies — the homebuilders especially — have been lobbying furiously to stop such reform legislation. So Treasury is telling the mortgage giants that even if they keep blocking reform, the Administration can achieve the same results administratively.

    • The Fannie Tax 04/12/07 – Democrat Barney Frank and the Bush Administration seem to have found common ground on new rules for Fannie Mae and Freddie Mac. Naturally, there’s a catch.

    The bad news is that Mr. Frank is an expensive date, and his price for tolerating reform of his favorite corporate giants is dunning them for mega-bucks in the name of “affordable housing.” His bill would tax Fannie and Freddie to the tune of 1.2 basis points of their total book of business — or just over 1/100th of 1% of all the mortgages Fannie and Freddie have bought and packaged to sell to investors. That’s more than $500 million a year, with potential to grow.

    • Freddie Krueger Mac 05/10/07 – Just when you think they’re defeated, Fannie Mae and Freddie Mac arise in Congress to kill any attempt to clean up their dangerous habits.

    The four Members fronting for the scandal-plagued companies are Democrats Melissa Bean (Illinois) and Dennis Moore (Kansas) and Republicans Gary Miller (California) and Randy Neugebauer (Texas). They prove that corporate socialism isn’t partisan, and no doubt they’ll be handsomely rewarded with campaign contributions if their amendment succeeds.

    • Fannie to the Rescue? 09/29/07 – Fannie and Freddie went up the Hill to fetch a pail of money.

    • Fannie More 10/23/07 – Barney Frank and Chuck Schumer have come up with a proposal that would increase the risk to taxpayers from Fannie Mae and Freddie Mac.

    • Fannie Mayhem 11/20/07 – Chuck Schumer is lucky Congress ignored his idea that Fannie Mae and Freddie Mac should ride to the rescue of the housing market.

    • Too Political to Fail 04/21/08 – Fannie Mae and Freddie Mac aren’t held to the same standards of accountability as everyone else.

    • The Price of Fannie Mae 07/10/08 – It’s time Americans understood the price they could soon pay for the Beltway’s confidence game with these high-risk “government-sponsored enterprises.”
    • Fannie Mae Ugly 07/12/08 – Investors continued to flee Fannie Mae and Freddie Mac almost as frantically as the political class tried to reassure everybody there was nothing to worry about.

    • Paulson’s Fannie Test 07/15/08 – Does Hank Paulson want to leave the U.S. financial system better than he found it? That’s his test in the wake of his commitment to use taxpayer money to rescue Fannie Mae and Freddie Mac.
    • Fannie and Freddie’s Enablers 07/21/08 – The same folks who put taxpayers on the hook for Fannie Mae and Freddie Mac are now demanding ransom to let taxpayers bail them out.
    • Fannie Mae’s Political Immunity07/29/08 –Congress sets the rules in favor of Fan and Fred, which then repay the Members with cash from their rigged profit stream.
    • When Henry Met Fannie 08/19/08 — That taxpayer capital injection looks closer all the time.
    • Weekend at Henry’s 09/08/08 — Propping up the living dead at Fannie Mae and Freddie Mac.

    Comment by VinceP1974 — September 9, 2008 @ 8:02 am



  5. We need to show that Obama surrounds himself with anti-Semites (and racists) because 60 percent of Jews do not know this, as shown by polls that say they will vote for Obama. Hopefully material from IsraPundit will circulate to them, and then they will realize that Obama is an enabler of anti-Semites (and racists, and Catholic-hating bigots).

    Obama needs the Jewish vote in Florida, and the Democrats are concerned that he won’t get it. One Obama shill, Wexler, was greeted with near-hatred in a Jewish retirement community, so maybe Florida Jews are learning the truth about this fraud. Unfortunately, as shown by commentary at the Jewish Telegraphic Agency, we have Jewish voters bleating, “Democrat goooooooooood, Republican baaaaaaaaaaaaad.”

    Comment by Bill Levinson — September 9, 2008 @ 11:54 am



  6. We need to show that Obama surrounds himself with anti-Semites (and racists) because 60 percent of Jews do not know this, as shown by polls that say they will vote for Obama.

    Hi, Bill

    I’m sorry for addressing my last post to Ted — I get so used to him being the main author here.

    I agree with you, that some 60% of Jews support Obama, though I doubt that they are not aware of his Moslem background and the blatant anti-Semitism of people he surrounds himself with. Jay Shapiro has often said (on israelnationalnews.com) that in these wicked times, it’s incumbent upon righteous men to repeat the obvious; so I don’t mean to criticize you for your efforts on this tack. I am concerned, though, that Israpundit seems to be missing the boat on this Fannie Mae/ Freddie Mack issue. The government has taken the first step towards assuming some 5 trillion dollars in American personal debt, owed largely to the Russians, Chinese and Arabs, and of guaranteeing that debt with money from American taxpayers. This is a matter of INCREDIBLE magnitude, akin in financial terms to the political upheaval caused by the collapse of the Soviet Union.

    Obama’s camp has already been advised to try to “fix” the problems that will fall out from this, with even more federal involvement in personal finances. I can’t help but think about Joseph in Egypt, causing all the people of Egypt to become slaves of Pharaoh through their indebtedness. Even with all his advisors, Obama seems to not have a clue about how to deal with this issue, even though the public seems to think he’s more capable than McCain concerning domestic economic issues. If the matter gets into public debate, McCain and Palin will nail him to the wall on the issue, which is why I would like Israpundit to get involved beforehand.

    Shalom shalom :-)

    Comment by BlandOatmeal — September 9, 2008 @ 4:25 pm


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