Archive for 2009

SEVEN YEARS OF LAW SCHOOL, DOWN THE DRAIN? Bluto Blutarsky, J.D.

BOOKS AND MUSIC that make you dumb. Best quote: “‘Of course there is the whole correlation is not causation thing, but, I mean, duh,’ he added.”

TAX HYPOCRITES: The New York Post editorializes on Geithner, Rangel, and Ron Kirk:

There was Treasury Secretary Tim Geithner, boldly testifying Tuesday before Rep. Charlie Rangel’s Ways & Means Committee – promising that the Obama administration intends to propose “a series of legislative and enforcement measures to reduce . . . tax evasion and avoidance.”

Did he look Chairman Rangel in the eye when he said this?

Can he look himself in the eye at the shaving mirror each morning?

A crackdown on “tax evasion and avoidance”? Oh, the irony.

Only after he was nominated to Treasury did Geithner pay some $40,000 in taxes he blew off while working for the International Monetary Fund from 2001 to 2004.

And Rangel’s famous tax troubles are even now the subject of a House Ethics Committee investigation – laggard though it may be.

Probity for thee, but not for me?

Damned straight.

Read the whole thing. Plus, from the comments: “This is like Rosie O’Donnell and Oprah Winfrey lecturing us on how to stay slim.”

MORE SWEETHEART LOANS? Lawmaker goes after ex-Fannie CEO over loan deal.

A Republican lawmaker is accusing the former chief executive of mortgage finance company Fannie Mae of being dishonest in testimony before Congress about discounts he received on his home loan.

Rep. Darrell Issa of California released documents Wednesday that he said showed former Fannie CEO Franklin Raines received special treatment in 2003 when he refinanced with Countrywide Financial Corp. . . . Raines, a prominent Washington figure who was President Clinton’s budget director, resigned from Fannie Mae in 2004 after an accounting scandal. Fannie Mae and sibling company Freddie Mac were seized by federal regulators last fall.

The disclosure about Raines comes after Sen. Christopher Dodd, D-Conn., said last month he would refinance two personal home mortgages from Countrywide.

Dodd has acknowledged participating in a VIP program at Countrywide, which he said he thought referred to upgraded customer service and not reduced rates. He has said he was wrongfully labeled a friend of Countrywide’s former CEO Angelo Mozilo.

He wasn’t a friend. He just got benefits!