Fannie Mae Hack is Army’s New Top Lawyer

    The Washington Post reports on President Obama’s latest appointments at DoD: Donald Remy, Nominee for General Counsel of the Army, Department of Defense Donald Remy is a partner in the Washington, D.C. office of Latham & Watkins. From 1997-2000, Remy served as Deputy Assistant Attorney General for the Civil Division of the United States Department of Justice, where he handled numerous cases, including those arising | Read More »

    Fannie Hired a Slew of Lobbyists to Block Regulations

    Red State readers are by now well aware that John McCain was a cosponsor of legislation to impose new and tighter regulations on Fannie Mae, which passed the Senate Banking Committee in 2005 with unanimous Republican support. The legislation never made it to the full Senate for a vote because Senate Democrats refused to agree on terms for debate. This is a critical story to | Read More »

    Chris Dodd’s Show Trial

    Senator Chris Dodd (D-FNMA) is convening a hearing of the Senate Banking Committee today, on the genesis of the current economic crisis. The odd thing about the hearing, as the Wall Street Journal points out, is that Dodd is only allowing testimony from witnesses who agree with his narrative — which helpfully ignores his role in the crash:

    Democrat Fannie/Freddie Defense: LIE

    The lamestream media has been doing a pretty good job of shielding Barack Obama and Congressional Democrats from blame in the current credit crisis. It’s therefore no surprise that when Representative Maxine Waters (D-CA) was called out for it by Steve Moore, her first instinct was to lie: