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SEC Folds on Countrywide Debacle

Well, it turns out that crime does pay after all. Just ask Angelo Mozilo. Not only did he destroy a company and toss a grenade onto the American economy, he profited handsomely for the effort.

Former Countrywide CEO and co-founder Anthony Mozilo cut a deal with the Security and Exchange Commission (SEC), bringing an end to the government’s case against the world-class fraudster. Mozilo has agreed to pay $67.5 million in restitution for his role in the Countrywide meltdown, and the subsequent explosion of the American real estate market.

Countrywide was handing out loans hand over fist to the most unqualified and dubious applicants. Continue reading SEC Folds on Countrywide Debacle

GAO To Turn The Screws On ACORN

Hard to beat someone who is cheating, but there are a few in Washington that are trying anyway.

Just days after an activist judge restored funding to ACORN using the false premise of bill of attainder the Government Accountability Office will now be launching their own investigation. In theory, this should fix it. Reps. [...]

Drug Cartels Buying American Politicians

This activity has been known for a while, but with the upcoming amnesty push it is worth bringing to the forefront once again.

The almost non-existent Southern border, the one that Chuck Schumer says is secure, is bringing more than good folks that just want to work. Drug cartels have entrenched themselves in the [...]

Breitbart Claims To Hold Explosive ACORN Video

Not the videos we’ve seen; this is new stuff. The criminal organization known as ACORN has thus far survived due to the inaction of Congress and the administration that is so intertwined with community organizing thugs that you can barely tell them apart. Eric Holder hasn’t even thought about an investigation. Harry Reid wants [...]