Emanuel tied to Freddie Mac collapse; Update: The numbers for Emanuel

posted at 11:30 am on November 7, 2008 by Ed Morrissey

During the campaign, Barack Obama had to fight off assertions that Freddie Mac and Fannie Mae had him in their pocket while the two GSEs committed fraud and declined to their collapse.  Obama didn’t help that perception when he chose Jim Johnson, Fannie Mae’s former CEO and chair, as the leader of his VP search committee, a position Johnson resigned shortly afterwards.  Now ABC reports that Obama’s new chief of staff, Rahm Emanuel, sat on the board of Freddie Mac during the critical period:

President-elect Barack Obama’s newly appointed chief of staff, Rahm Emanuel, served on the board of directors of the federal mortgage firm Freddie Mac at a time when scandal was brewing at the troubled agency and the board failed to spot “red flags,” according to government reports reviewed by ABCNews.com.

According to a complaint later filed by the Securities and Exchange Commission, Freddie Mac, known formally as the Federal Home Loan Mortgage Corporation, misreported profits by billions of dollars in order to deceive investors between the years 2000 and 2002.

Emanuel was not named in the SEC complaint (click here to read) but the entire board was later accused by the Office of Federal Housing Enterprise Oversight (OFHEO) (click here to read) of having “failed in its duty to follow up on matters brought to its attention.”

Emanuel’s action, or lack of it, came during a time when the SEC says Freddie Mac misrepresented its income to investors in order to maintain its price.  In other words, they committed fraud.  The SEC specifically notes that Freddie did this in 2000, 2001, and 2002, and Emanuel sat on the board in 2000-2001.

This is no small matter.  Had this happened when Sarbanes-Oxley was in effect, Emanuel would have had to sign off on those numbers under penalty of perjury.  He could be liable for criminal prosecution.  As it is, his actions and omissions as a board member may still result in civil and criminal liability, if the SEC discovers that he had a hand in the fraud committed at Freddie Mac, or if Emanuel knew about it and failed to act to stop it.

For an incoming administration that ran on cleaning up the greed on Wall Street, the selection of Emanuel speaks a lot louder than any campaign promises.  One might think that anyone who sat on the boards of Fannie Mae and Freddie Mac while the two GSEs cooked the books and set the stage for global financial collapse should at least be considered political poison for any appointment, let alone one as significant as White House Chief of Staff — if nothing else, then at least on the basis of competence.  Instead, it looks like Obama is bringing the Chicago Way to Pennsylvania Avenue.

Hope and change, indeed.

Update: Business & Media Institute notes the numbers on Emanuel and Freddie Mac:

“Clinton’s going-away gift to Emanuel was a seat on the quasi-governmental Freddie Mac board, which paid him $231,655 in director’s fees in 2001 and $31,060 in 2000,” Lynn Sweet wrote for the Chicago Sun-Times on Jan. 3, 2002.

During the time Emanuel spent on the board, Freddie Mac was plagued with scandal involving campaign contributions and accounting irregularities. Freddie Mac and its sister organization Fannie Mae were taken over by the federal government in September 2008 after years of mismanagement and scandal. Treasury Secretary Henry Paulson put the two beleaguered GSEs into a conservatorship, stripping common stock shareholders of their rights to govern the companies. …

“Freddie Mac was accused of illegally using corporate resources between 2000 and 2003 for 85 fundraisers that collected about $1.7 million for federal candidates,” an Associated Press story from April 18, 2006 said. “Much of the fundraising benefited members of the House Financial Services Committee, a panel whose decisions can affect Freddie Mac.”

And, since his successful run for the House of Representatives in 2002, Emanuel has been the beneficiary of campaign cash from Freddie Mac and its sister organization Fannie Mae – $51,750 according to the Center for Responsive Politics Web site OpenSecrets.org.

That’s certainly something to keep in mind while recalling the promises by Barack Obama to change the way business gets conducted in Washington.


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I saw Laurence Tribe wrote a congratulatory editorial to The One on Wednesday.

You think he’s dreaming of the Supreme Court, or would be be considered useless because too old?

jeff_from_mpls on November 7, 2008 at 12:53 PM

Hopey McChange has been doing the rounds and is a good start, but perhaps we can do better.

EnglishMike on November 7, 2008 at 12:33 PM

We need to. Hopey McChange isn’t a big enough insult.

I still like “chimpy” just to put them in the position of trying to defend their use of it against Bush and why it is any less apropos since Emanuel is going to be training Obama to perform simple tasks on his command. I mean really, Obama is an empty suit.

csdeven on November 7, 2008 at 12:53 PM

This guy Imanuel is a Chicago machine politics thug. Believe me, we need to watch this guy. He is a very bad apple. I support the President and respect the Office of the POTUS, BUT… if he does something that is blatantly wrong, he has to be called on it. Well, 48 hours into his election, he’s done it. This guy is the very worst of actors. I hope Michelle and her colleagues really dig into backgrounds so the electorate knows who we are dealing with!

HomeoftheBrave on November 7, 2008 at 12:53 PM

Please, tell me if there is any chance of prosecution of anyone related to Obama? I guess I’m cynical enough to believe that most things will be brushed under the rug.

AnotherOpinion on November 7, 2008 at 12:37 PM

If, say, Patrick Fitzgerald had irrefutable evidence that Obama had conspired with Rezko, it would not matter because any attempts to prosecute him would be met with hysterical accusations that it is a politically motivated, racist witch hunt.

Buy Danish on November 7, 2008 at 12:55 PM

I heard Rezko is going be appointed as chief of staff of Us department of Housing and Urban Development

Palinpuma on November 7, 2008 at 12:52 PM

Yeah, well that’s a little tongue in cheek. Seriously, I’ve been waiting to hear that Ayres was appointed to head the dept of education. (You know, since he’s a mainstream professor of education.)

Marine_Bio on November 7, 2008 at 12:56 PM

This whole election situation is like a cross between The Manchurian Candidate and A Face in the Crowd.

Creepy.

kingsjester on November 7, 2008 at 12:56 PM

On the hope side, the Wall Street Journal has an editorial suggesting that Emanuel has no loyalty, he’s like a doberman at Obama’s side. He’ll shred the left if they cross The One.

jeff_from_mpls on November 7, 2008 at 12:57 PM

Only the “chimpy” part. :-)

Dr.Cwac.Cwac on November 7, 2008 at 12:27 PM

Didn’t “chimpy” refer to a basic lack of cognitive skills and that he had to be trained to do the most basic tasks? I realize that they might try to change the meaning in a racist sense, but it applies to Obama more than any other president in history. The guy couldn’t get a security clearance and he is now going to be privy to information that he will pass on to Ayres, Wright, Kalihdi, and the rest of his scumbag Chicago friends.

csdeven on November 7, 2008 at 12:57 PM

If you like the way Chicago politics work, you’ll love the way Obama runs the U.S.

DrDeano on November 7, 2008 at 12:58 PM

Emanuel is a disgrace to his name.

Go figure how a fucker lost his middle finger, pointing himself as an uncouth youth. So to appear tough when a pipsqueak he claimed fighting in Israel; and now to appear tough on the little guy side he claims to have lost it in a fast food joint. What a dumb ass excuse! You might burn yourself at a fast food joint, but the food comes prepared in freezer bags to the grill to the counter. Next thing you know, he’ll say he froze his middle finger off, or fried his middle finger off. When will he claim he ate his middle finger off to get out of a trap.

Nah, he messed with gangsters and lost his damned finger for being such a prick. Duh. Now everyone must pass through HIM as the gatekeeper to the Oval Office.

Disgusting.

maverick muse on November 7, 2008 at 1:03 PM

If Emanuel actually lied and committed fraud he should resign immediately. But I’m guessing that he knows he doesn’t have any liabilty in the matter, why else would he accept the job of Chief of Staff if he know he would be a huge distraction. I personally like the guy, unlike a lot of democrats, he knows how to fight and win. He did a fantastic job of helping the dems take over congress in 06 and should help Obama push his agenda through the house.

Ric on November 7, 2008 at 1:05 PM

any attempts to prosecute [Obama] would be met with hysterical accusations that it is a politically motivated, racist witch hunt.

Doesn’t matter. No reason to buckle under. All the more reason to remain determined and see the prosecution through to the end.

maverick muse on November 7, 2008 at 1:07 PM

It’s Chief-Of-Staff for crying out loud, not U.N. Ambassador.
It’s a back office job that requires keeping a lot of ambitious people in check and standing up for the president’s policies.

And to all the Reagan wet-dreamers, I don’t recall Don Regan being all that cuddly in the same role.

sanguine4 on November 7, 2008 at 1:08 PM

Hey if Americans will go socialistic and drive business away, I would like to welcome them to Canada. We have a conservative prime minister…
mariloubaker on November 7, 2008 at 12:24 PM

I think we could be onto something here. Correct me if I’m wrong, but doesn’t Canada only have a population of 30+ million people? If enough of us conservatives moved north, it would a conservative country in no time flat.

Canada is rich in natural resources and agriculture. We could run Canada in a conservative and capitalistic way and we would ALL prosper.

Hope and Change!

cjs1943 on November 7, 2008 at 1:10 PM

OT: Rush is BEGGING Obama to put Kerry in as Secretary of State.

Bwahahahah.

*eats*

Grue in the Attic on November 7, 2008 at 1:10 PM

I’m shocked I tell you, just shocked!
/sarc

After looking at his friends and associates over the years this is just more of the same. And there will be more to come, lots more.

johnsteele on November 7, 2008 at 1:11 PM

We did not need that image EVER…especially at lunch.

kingsjester on November 7, 2008 at 12:50 PM

“Unforgettable, thats what you are
Unforgettable though near or far
Like a song of love that clings to me
How the thought of you does things to me
Never before has someone been more

“Unforgettable in every way
And forever more, that’s how you’ll stay
Thats why, darling, its incredible
That someone so unforgettable
Thinks that I am unforgettable too”

-Nat King Cole

Mr_Magoo on November 7, 2008 at 1:12 PM

We need to compile an Obama Soundtrack.

*eats*

Grue in the Attic on November 7, 2008 at 11:57 AM

I concur. Great suggestions here, so far!

Karen_VA on November 7, 2008 at 12:01 PM

Here’s what we have so far:

1.) Metallica – “Leper Messiah”
2.) Nine Inch Nails – “Head Like a Hole”
3.) Dean Martin – “Ain’t That a Kick in the Head”
4.) Living Color – “Cult of Personality”
5.) Marilyn Manson – “The Nobodies”

Feel free to add, I’ll keep a running tab to go along with BigOldDog’s list :)

*eats*

Grue in the Attic on November 7, 2008 at 1:22 PM

Does this mean U.S. tax payers have to fund Emanuel’s defense as well?

saint on November 7, 2008 at 1:26 PM

Grue –

How about – “You’re So Vain” by Carly Simon

Barry better name John Kerry (husband of Ms. Heinz-Kerry)to the position soon….or else he will have to play “ketchup”!

Sorry.

I will go stick my nose in the time-out corner again.

kingsjester on November 7, 2008 at 1:26 PM

Careful what you say and do about Rahm Emanuel

…he serves a Higher Authority now

FlatFoot on November 7, 2008 at 1:30 PM

AC/DC Dirty Deeds Done Dirt Cheap

EnglishMike on November 7, 2008 at 1:30 PM

Wow it hasn’t even been 3 full days after Obama being elected and there’s already a scandal brewing. Don’t know if much will happen from this, but at least it will be entertaining to see how they try to spin away from this.

In the meantime….I am still waiting for my free gas and mortgage payment!!!

Scorched_Earth on November 7, 2008 at 1:31 PM

kingsjester on November 7, 2008 at 1:26 PM
EnglishMike on November 7, 2008 at 1:30 PM

Added!

*eats*

Grue in the Attic on November 7, 2008 at 1:32 PM

Anybody here from Chicago? Wasn’t Emanuel the guy who fought to get Jack Ryan’s divorce records unsealed which resulted in Ryan dropping out of the race against Obama for the US Senate seat. Ryan had good press, great experience and probably would have won the race. If that would have happened, most of us would be quite a bit happier today.

sherry on November 7, 2008 at 12:30 PM

Sherry
I have the priveledge of working in chicago, on the north side, and living in indiana.hang on to ur arse when the khalidi tape busts loose and obama loses the support of rahmbo…lol

UNREPENTANT CONSERVATIVE CAPITOLIST on November 7, 2008 at 1:37 PM

Nothing will happen. This is the end of the inquiry. Obama has already paid off ABC and has had who ever dared question him demoted. This is a totalitarian government now, the rules we grew up with are all gone now. The definition of integrity is being changed as we speak. Change we can believe in.

petunia on November 7, 2008 at 1:39 PM

He is changing the way business is being done in Washington…the price is going up.
You can bet, with an increase in unemployment, these guys will never be unemployed.

right2bright on November 7, 2008 at 1:40 PM

So, let’s review Barry’s new cabinet:

Agriculture……………………Any illegal undocumented alien

Commerce………………………David Alinsky (Saul’s son)

Defense……………………….Jack “Surrender” Murtha

Education……………………..Bill Ayers

Energy………………………..Robert “NIMBY” Kennedy, Jr.

Health & Human Services…………Teddy “I would have died under my own health care plan” Kennedy

Homeland Security………………Farrakkhan’s “Fruits of Islam”

Housing & Urban Development……..Tony Rezko

Interior………………………Father Pfleger

Justice……………………….Bernardine Dohrn

Labor…………………………Peggy “the Moocher” Joseph

State…………………………Rev. Jeremiah Wright

Transportation…………………Al “100-ft Houseboat” Gore

Treasury………………………William “Ziplock” Jefferson

Veteran Affairs………………..”Hanoi” Jhon Kerry

Honorary member………………..Sirhan Sirhan (political prisoner)

Do I have it about right?

ex-Democrat on November 7, 2008 at 2:09 PM

Where is all this hard-hitting ‘journalism’ BEFORE the election?

ABC may not be as in the tank as the other networks (they didn’t run the informercial), but I won’t be buying their products either.

Too little, too late.

Sir Napsalot on November 7, 2008 at 2:13 PM

ex-Democrat on November 7, 2008 at 2:09 PM

LMAO!!!

*eats*

Grue in the Attic on November 7, 2008 at 2:14 PM

ex-Democrat on November 7, 2008 at 2:09 PM

Looks about right to me.

imri on November 7, 2008 at 2:15 PM

Welcome to Chicago politics

imri on November 7, 2008 at 2:16 PM

Do I have it about right?

ex-Democrat on November 7, 2008 at 2:09 PM

Yup and when they’re all sworn in we can add Brother Can You Spare a Dime? to the Obama soundtrack.

msmveritas on November 7, 2008 at 2:25 PM

ex-democrat,
Seeing as Sirhan Sirhan was such an inspiration to Ayers a pardon could be in the works.

thomasaur on November 7, 2008 at 2:26 PM

ex-Democrat on November 7, 2008 at 2:09 PM

I think this is more accurate.

Homeland Security………….Rashid Khalidi
Deputy director of Homeland Security………………Farrakkhan’s “Fruits of Islam”

Marine_Bio on November 7, 2008 at 2:26 PM

msmveritas on November 7, 2008 at 2:25 PM

Added 8)

*eats*

Grue in the Attic on November 7, 2008 at 2:29 PM

I still like “chimpy” just to put them in the position of trying to defend their use of it against Bush and why it is any less apropos since Emanuel is going to be training Obama to perform simple tasks on his command. I mean really, Obama is an empty suit.

csdeven on November 7, 2008 at 12:53 PM

The democrats will call the “chimpy” name racist or beneath the dignity of to POTUS, but since it was applied to W, that cannot be true.

Besides, the racist charge was used so much it has no meaning and no sting.

Right_of_Attila on November 7, 2008 at 2:43 PM

Grue in the Attic on November 7, 2008 at 1:22 PM

Nine Inch Nails – “Closer”
Garth Brooks – “I Got Friends In Low Places”
Afroman – “Because I Got High”

and the obvious…..

Puddle of Mudd – “Control”

Dr.Cwac.Cwac on November 7, 2008 at 2:44 PM

Right_of_Attila on November 7, 2008 at 2:43 PM

Rush was speaking a little bit ago of how the word “thug” now is racist.

Dr.Cwac.Cwac on November 7, 2008 at 2:45 PM

Grue
This one just occurred to me, what about Flotsam and Jetsam’s Suffer the Masses?

Marine_Bio on November 7, 2008 at 2:46 PM

Grue in the Attic on November 7,2008 at 1:22 PM
Toby Keith – How Do Like Me Now

thomasaur on November 7, 2008 at 2:47 PM

I saw Laurence Tribe wrote a congratulatory editorial to The One on Wednesday.

You think he’s dreaming of the Supreme Court, or would be be considered useless because too old?

Old? Compared to Ruth Bader Ginsburg and John Paul Stevens? I’m sure Tribe is dreaming of the SCOTUS, and I can’t think of anyone off the top of my head who would be a worse more activist choice than he would be. Which of course means he’ll be on Barry’s short list.

eyedoc on November 7, 2008 at 2:50 PM

Grue in the Attic on November 7, 2008 at 1:22 PM

Metallica – “King Nothing”
Marilyn Manson – “Dope Show”

Dr.Cwac.Cwac on November 7, 2008 at 2:58 PM

This is no small matter. Had this happened when Sarbanes-Oxley was in effect, Emanuel would have had to sign off on those numbers under penalty of perjury. He could be liable for criminal prosecution.

Factually this is incorrect. If SOX was in effect, Emanuel wouldn’t be required to sign off on the numbers. This sign off is the responsibility signing officers, typically the CEO and CFO, under Section 302 and 906 of SOX.

Also, I thought the SEC already settled this matter with the parties involved – i.e. Franklin Raines and Fannie Mae.

I imagine there are better things to pin to Emanuel. In my opinion, this well seems pretty dry.

Neo-con Artist on November 7, 2008 at 3:07 PM

Songs all added – we’re up to 16 now :) Might have to be a multi-CD set :D

Metallica – “King Nothing”

I cannot believe I didn’t think of this one myself.

*eats*

Grue in the Attic on November 7, 2008 at 3:29 PM

I suppose he could have joked about having a seance to consult a Kennedy.

But that would be rude.

capitalist piglet on November 7, 2008 at 4:26 PM

That’s certainly something to keep in mind while recalling the promises by Barack Obama to change the way business gets conducted in Washington.

Yes, a new tone in Washington – with Bill Clinton’s rabidly partisan, profane little ballerina in the White House. Got it.

Jaibones on November 7, 2008 at 4:27 PM

If you like the way Chicago politics work, you’ll love the way Obama runs the U.S.

DrDeano on November 7, 2008 at 12:58 PM

Wonder which airport Obama will bulldoze first.

misslizzi on November 7, 2008 at 4:52 PM

The sludge is just starting to back up in the new White House.
It is going to be a fun four years.

albill on November 7, 2008 at 5:07 PM

Grue – How about – “You’re So Vain” by Carly Simon

kingsjester on November 7, 2008 at 1:26 PM

Nope. Muskrat Love.

Jaibones on November 7, 2008 at 5:07 PM

Hey, think there is any way we can “Bork” Emanuel?

pseudonominus on November 7, 2008 at 5:08 PM

Just a taste of that “judgment” Obama will bring to the W.H. The crooks at Enron got thrown in jail for cooking he books. F&F crooks get jobs in the govt to fix the problem they created. I’d be surprised and angered but…

Yakko77 on November 7, 2008 at 5:10 PM

chicago machine politics thug…….

rabib……profane…….. sissyfied jerk.

welcome aboard thunder boy

tamtam20 on November 7, 2008 at 5:16 PM

Ummmm…….Does Obama have anyone on his staff who’s not responsible for the Wall Street meltdown?

Just checking.

CornFedBeauty on November 7, 2008 at 5:54 PM

Rahm’s appointment was just a bone to the jews, now ABC will rid him of this tiresome zionist…nevah feah

clnurnberg on November 7, 2008 at 5:57 PM

Republican, merely appear to break the law, forced to resign or worse.
Democrat, truly break the law, get a raise and a better tittle.
let the fairness begin

socalconcervitive on November 7, 2008 at 6:07 PM

Ummmm…….Does Obama have anyone on his staff who’s not responsible for the Wall Street meltdown?

Just checking.

CornFedBeauty on November 7, 2008 at 5:54 PM

Presumably [The Haughty] John Kerry [who served in VietNam] for Sec of State.

*eats*

Grue in the Attic on November 7, 2008 at 6:07 PM

This corrupt, criminal administration will make “The Godfather” look like “Happy Days”.

rplat on November 7, 2008 at 6:15 PM

I should have said, “directly responsible for the Wall Street meltdown.”

CornFedBeauty on November 7, 2008 at 6:22 PM

Rush had a story about this thug today. After Clinton was elected, he was in a restaurant with campaign folks and stood up…named a republican…stabbed a knife into the table and yelled DEAD!! He did this over and over again. Psychotic behavior??? Ya Think??

Ozark_sky on November 7, 2008 at 6:30 PM

The future of the republic was squandered in just a few short days, when McCain and the congressional Republicans didn’t stand up and start screaming for the heads of Frank, Dodd, Obama, and the others responsible for the subprime disaster. Now the narrative has been written, and people who should be in jail are sitting in the White House, perfectly positioned to ensure none of the culprits is ever brought to account.

Worst of all is the sobering fact that this little exercise in Cloward-Piven strategy paid off beautifully, so it will be tried again. Sometime in the next two years, Obama will implement some kind of “semi free market, semi government” entitlement program (or maybe just ramp up forcible mortgage loans to unqualified minorities again) and blame it on the free market when it crashes and burns.

We aren’t going to turn into a one-party state in January… we’ve been one for a long time now.

Doctor Zero on November 7, 2008 at 6:40 PM

Time to Change

ronsfi on November 7, 2008 at 6:46 PM

Time to Change

ronsfi on November 7, 2008 at 6:46 PM

That made my day! Thanks. :)

Ozark_sky on November 7, 2008 at 6:51 PM

On the hope side, the Wall Street Journal has an editorial suggesting that Emanuel has no loyalty, he’s like a doberman at Obama’s side. He’ll shred the left if they cross The One.

jeff_from_mpls on November 7, 2008 at 12:57 PM

WRONG.

HE’LL SHRED ANYONE CROSSING THE MACHINE.

reliapundit on November 7, 2008 at 7:14 PM

Rush had a story…..

Ozark_sky on Nov 7,2008 at 6:30PM.

Ozark_sky:To back you up,I heard Rush say that as well,
I think Wed,or Thurs!

Emanuael sounds like a nut job!!:)

canopfor on November 7, 2008 at 7:33 PM

The question is will the media hold him accountable in any way or will he continue to get a complete pass.

ldbgcoleman on November 7, 2008 at 7:36 PM

Sleaze Factor? Off the charts- Obama blew it with this pick. Almost as bad as choosing the Gov of Michigan as a financial advisor! God, he’s such a manchild!

anniekc on November 7, 2008 at 7:42 PM

Songs all added – we’re up to 16 now :) Might have to be a multi-CD set :D

Metallica – “King Nothing”
I cannot believe I didn’t think of this one myself.

*eats*

Grue in the Attic on November 7, 2008 at 3:29 PM

Dammit, Grue! Had to go take the p*ss test to keep my job and had to leave work!

Now back online and hoping this thread isn’t dead! Thought of more…

“Sober” – Tool
“Swamp Song” – Tool

And, of course, “A Great Big White World”. Wait….yeah….bad title……wrong context…maybe not…. ;)

If you are gone from this, I’ll find you, Grue :)

Karen_VA on November 7, 2008 at 7:45 PM

How long till we see Secretary of Education William Ayers

Dragoonchris on November 7, 2008 at 8:11 PM

Geez, all those guys tied to Freddie and Fannie. They did a global economic collapse for starters.. What they heck will they do for an encore..

Here’s what we have so far:

1.) Metallica – “Leper Messiah”
2.) Nine Inch Nails – “Head Like a Hole”
3.) Dean Martin – “Ain’t That a Kick in the Head”
4.) Living Color – “Cult of Personality”
5.) Marilyn Manson – “The Nobodies”

Feel free to add, I’ll keep a running tab to go along with BigOldDog’s list :)

*eats*

Grue in the Attic on November 7, 2008 at 1:22 PM

I have a couple to add

Within Temptation – Angels
Within Temptation – Deceiver of Fools
Within Temptation – Our Solemn Hour (look for the youtube verion with overlays of sir winston)

Anyway, the songs are a little creepy in a nostradomas sort of way. Angels is about a demon doing personal deception. Deceiver of Fools seems to almost be about the antichrist.

Funny thing is, for a symphonic goth band, the first two seem to be warnings from revelations, not a support of evil. The last one is a call to the Holy Spirit and recollections of England during the blitz.

SO, the world is totally f-d up. We have elected an agnostic government and some Goth Band is singing about the Holy Spirit… I gotta have a drink

bullseye on November 7, 2008 at 8:26 PM

“Changes” – David Bowie
“Taxman” – the Beatles

malclave on November 7, 2008 at 9:05 PM

so what? it obviously doesn’t matter. there’s nothing these guys can do that *matters*.

Midas on November 7, 2008 at 9:07 PM

I want a Mark Levin-style nickname for the short doofus Emmanuel.

Any ideas? Napoleon Dynamite?

The little f*ck. Geez…I’ve got about a dozen to punch in the neck now.

Let’s roll.

ex-Democrat on November 7, 2008 at 10:24 PM

A recent article in the Aruziba Daily Star (Tucson, AZ,) describerd him as an “Assassin.”

Daedalus on November 7, 2008 at 10:24 PM

I want a Mark Levin-style nickname for the short doofus Emmanuel.

Any ideas? Napoleon Dynamite?

The little f*ck. Geez…I’ve got about a dozen to punch in the neck now.

Let’s roll.

ex-Democrat on November 7, 2008 at 10:24 PM

Napoleon Dynamite wasn’t short. Emmanuel is more of a Pedro. You know, he’s got skills… economy-destroying skills… corruption skills… America-bashing skills…

Doctor Zero on November 7, 2008 at 10:33 PM

It seems to me that the folks at Enron were persecuted and prosecuted for doing similiar things on a much smaller scale.

Johan Klaus on November 7, 2008 at 10:51 PM

“Changes” – David Bowie
“Taxman” – the Beatles

malclave on November 7, 2008 at 9:05 PM

Who, “Won’t Get Fooled Again”

Johan Klaus on November 7, 2008 at 10:53 PM

Is it just me or does Rahm Emanuel remind you of an undertaker?

Dreadnought223 on November 7, 2008 at 11:01 PM

Is it just me or does Rahm Emanuel remind you of an undertaker?

Dreadnought223 on November 7, 2008 at 11:01 PM

I was thinking B-Movie Vampire.

hawkdriver on November 7, 2008 at 11:24 PM

“Hey Big Spender” – Shirley Bassey

luvstotango on November 7, 2008 at 11:49 PM

Yep, who’s more qualified to revive a flagging economy than the governor of a state that drove that state into a recession?

… and on our side, Christopher Shays, the losing moderate pontificating on our best future strategy?

I’m listening for the Twilight Zone music now. Grue — that ought to be the lead track on your album

AZfederalist on November 8, 2008 at 12:13 AM

No one cares. It was over and done with when the Democrats struck first, making any response by Republicans to be defined as retaliation. Republicans need to learn this. Why do you think so many people who claim “hostile work environments” prevail monetarily when, in fact, they are the ones causing a hostile work environment? Any defense is considered denial or retaliation. The watchwords of very, very bad clinicians, and I worked with way, way too many of them over the years, and wouldn’t trust them with my lawn mower, much less my life in an emergency.

rlwo2008 on November 8, 2008 at 1:21 AM

4.) Living Color – “Cult of Personality”

Grue in the Attic on November 7, 2008 at 1:22 PM

It is almost uncanny how solidly that song fits State Senator Crackhead.

Neon lights, a nobel prize
The mirror speaks, the reflection lies
You dont have to follow me
Only you can set me free
I sell the things you need to be
Im the smiling face on your t.v.
Im the cult of personality
I exploit you still you love me

On a related noted, Google has 4 times as many hits for “Cult of Personalisty Obama” as it does for “Cult of Personalisty lyrics”

18-1 on November 8, 2008 at 2:02 AM

As it is, his actions and omissions as a board member may still result in civil and criminal liability, if the SEC discovers that he had a hand in the fraud committed at Freddie Mac, or if Emanuel knew about it and failed to act to stop it.

Sorry,Ed. I’m not going to hold my breath until this happens.

davo on November 8, 2008 at 2:11 AM

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