Barney Frank Covers His Fannie

I don’t know what’s more maddening — that Barney Frank was the proverbial “mouse in charge of the cheese” when it comes to running the committee overseeing Fannie & Freddie, or that he was also later in charge of fixing the problem after it was clear that he was part of the problem.

Frank has confirmed a claim in a book about the financial crisis that, while he was Chairman of the House Financial Services Committee, he got his “companion” a job at Fannie Mae — but he said that this “didn’t influence his duties” on the Committee.

Apparently it didn’t end there either — Barney’s mother was helped out as well:

Morgenson also reported in the book that Fannie Mae made sizable grants — $25,000 in 1994 and $50,000 in 2001 — to a Boston organization cofounded by Frank’s late mother and twice gave the group an award for its work in providing housing for the elderly. Frank said yesterday in an interview with the Globe that the grants to the organization, the Committee to End Elder Homelessness, did not influence his duties.

I’ll be surprised if there isn’t a treasure trove of other questionable favors that, without a doubt, didn’t influence his duties.

Um, Barney, unless your “duties” were to get jobs and grants for family and boyfriends, then yes, it did “influence your duties” — and your duties influenced others, not to mention put taxpayers on the hook for billions.

Going Road: Palin Announces Bus Tour


If Sarah Palin is running, some are flummoxed by how she’s going about kicking it all off by not directly focusing on early primary states. On the other hand, one thing Sarah has going for her if she enters the fray is that she doesn’t exactly need to go around knocking on doors to tell people who Sarah Palin is, while so many of her would-be opponents are known as “Who?”

In any case, she didn’t title her first book “Going Rogue” because she conforms to the usual templates.

Real Clear Politics:

DES MOINES, Iowa — In a move designed to propel her closer to a presidential run, former Alaska Gov. Sarah Palin will set out on a bus tour of the country on Sunday, making stops at symbolic sites along the way.

“Starting this weekend, Sarah Palin will embark on a ‘One Nation’ tour of historical sites that were key to the formation, survival, and growth of the United States of America,” SarahPAC treasurer Tim Crawford said in a statement to RealClearPolitics. “The tour will originate in Washington, D.C. It will proceed north up the east coast.”

Details were still being hammered out on Thursday, but sources indicated to RCP that the bus tour is expected to last several weeks and will be divided into separate geographical stretches for logistical reasons.

Members of Palin’s immediate family are expected to join her on the trip, which will eventually take her through key early-voting states.

Coming on the heels of the revelation that Palin commissioned a documentary extolling her accomplishments as governor, which will premiere in Iowa next month, the impending nationwide voyage is yet another strong indicator that she is leaning toward jumping into the 2012 race.

This weekend, at the start of the tour in DC, Palin will be at Rolling Thunder, which should be a lot of fun.

Am I convinced she’s running? Not yet, but this bus tour is almost certainly an exploratory committee on wheels.

Meanwhile, the latest from Gallup.


“None/No Opinion” leads the pack.

FLOTUS Finally Gets a Halo

The love-struck mainstream media has given President Obama the halo treatment for a long time, so it’s nice to see the First Lady finally get her due in the halo department too.

Via the Daily Mail, all that’s required for a great hair/halo photo is a properly positioned plant behind the subject:


I like it… it’s part Fletch dreaming he’s playing for the Lakers, part OJ Simpson in Naked Gun 3:


Ed Schultz Suspends Himself for Calling Laura Ingraham a ‘Right Wing Slut’; Apology Offered

Remember as you read the story that this is the same guy who accused Sarah Palin of being sexist toward President Obama.

From the Daily Caller:

Finally the other shoe dropped on the Ed Schultz controversy on Wednesday.

In a release from MSNBC management, the network announced it would suspend Schultz for one week without pay for remarks he made on his Tuesday radio show calling conservative talker Laura Ingraham a “right-wing slut.” However, Schultz will be permitted to address the remarks on his Wednesday television show with the suspension beginning immediately afterwards:

“MSNBC management met with Ed Schultz this afternoon and accepted his offer to take one week of unpaid leave for the remarks he made yesterday on his radio program. Ed will address these remarks on his show tonight, and immediately following begin his leave. Remarks of this nature are unacceptable and will not be tolerated,” the statement reads.

MSNBC has a zero-tolerance policy for remarks like that… for a week.

It’s funny how MSNBC pretends to not tolerate that kind of talk, and then admit that Schultz was the one who suggested his punishment. Way to crack down on your insufferable blowhards, MSNBC.

Update: Schultz, as a self-allowed condition of his self-imposed punishment, was self-permitted to issue an apology for calling Ingraham a “right wing slut.” That apology can be seen here. It’s also re-enacted in this video:

Paging Sheriff Joe! Stimulus Recipients Owe Over $750 Million in Back Taxes


Last year we Joe Biden, the Stimulus Sheriff, went on a big “Summer Recovery Tour” to promote all the great things a trillion dollars worth of debt spending was doing for America.

This year, Obama should send Biden on a similar tour — except this time to collect back taxes from stimulus recipients.

From the General Accounting Office:

We found the following: (1) Thousands of Recovery Act contract and grant recipients owe hundreds of millions in federal taxes: At least 3,700 Recovery Act contract and grant recipients–including prime recipients, subrecipients, and vendors–are estimated to owe more than $750 million in known unpaid federal taxes as of September 30, 2009, and received over $24 billion in Recovery Act funds.
(2) Examples of Recovery Act recipients with unpaid federal taxes engaged in abusive or potentially criminal activity: For the 15 cases we selected for further review, we found abusive or potentially criminal activity…

Sure, but it was a small price to pay to totally turn around the economy and keep the unemployment rate down. Oh, wait…

The Stimulus might also be referred to as the “Barack Obama’s Cabinet Member Training Program.”

Time Once Again to Play ‘Imagine if Bush Did This’


Barack and Michelle Obama signed the guestbook at Westminster Abbey today.

See if you can spot what’s wrong with this picture (and keep in mind that it was signed today):

It is a great privilege to commemorate our common heritage, and common sacrifice.

Barack Obama

24 May 2008

He’s so locked in on the campaign that he’s having flashbacks to three years ago, but who can blame a guy for daydreaming of a time when he could walk on water?

Michelle Malkin speculates that maybe Obama had too much Guinness in Ireland yesterday.

Predicted Chris Matthews spin tonight: Obama’s way too enlightened and busy to be expected to remember what year it is… or how many states there are

Update: A White House official blames jet lag. Jake Tapper adds, “Maybe this is what is meant by ‘leading from behind.'”

Obama Must Be Irish, ‘Cause Chris Matthews’ Penis is Dublin


The O’Tingle is back, not that it ever left.

President Obama once again reminded an excited Chris Matthews of JFK — this time for a speech in Ireland where Obama spoke about his Irish heritage (his Irish ancestors were community organizers too). It all made Matthews remember “Kennedy back in ’63.”

Real Clear Politics has the video of Matthews’ latest swoon if you can stand it.

In other “Obama’s Europe trip” news, word is that the President’s speechwriters are having to work overtime because TOTUS got drunk on Guinness at Ollie’s and barfed Wednesday’s London speech all over a busboy.

Former Palin Aide Writes Tell-All Book — Is There An AP Fact Checker in the House? ::crickets::


Oh boy… Chris Matthews is going to be harder than Chinese arithmetic when he interviews this guy every night for the next month.

From the Associated Press:

JUNEAU, Alaska – A former member of Sarah Palin’s inner circle has written a scathing tell-all, saying Palin was ready to quit as governor months before she actually resigned and was eager to leave office when more lucrative opportunities came around.

“In 2009 I had the sense if she made it to the White House and I had stayed silent, I could never forgive myself,” Frank Bailey told The Associated Press.

Do you think the AP will have 11 “fact checkers” combing through this book?

Brace for hard-hitting revelations like this:

The book describes cameras rolling as Palin strode through the door at an Anchorage hotel “over and over and over,” for an RGA ad.”

Hey, if staging is good enough for Obama it should be good enough for Palin.

Another of Bailey’s revelations: Palin hates meetings. If he’s trying to make me like her even more, he just did.

As Levi Johnston can attest to Bailey, if the book thing doesn’t work out, there’s always Playgirl Magazine.

What I continue to find sorry is the depiction of Palin leaving office for private life as somehow a greedy move. As if it’s more noble and selfless to be addicted to power, refuse to give it up, and occupy your entire life — decades upon decades in some cases — giving away money that isn’t yours while taking credit for the philanthropy and enjoying endless perks on the taxpayers’ dime. Give me Palin’s form of greed any day.