The 28 Billion Dollar Man: Is Sen. Shelby The Most Fiscally Irresponsible Politician Ever?

[Bill USA]

Campaign for America's Future


Republicans love to say that nothing's more important cutting the Federal deficit. So why is Sen. Richard Shelby wasting $28 billion of taxpayer money? Shelby's used parliamentary tricks to put more than half of the nation's mortgages under the rule of an unelected official who answers to no one - except apparently Richard Shelby - whose wasting money like it's going out of style.

.... Richard Shelby is losing tens of billions of dollars, hurting millions of middle-class homeowners, and stalling our economy recovery for one reason: to take the White House away from the Democrats.

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George W. Bush brought a far-right ideologue named Edward DeMarco into the Federal Housing Finance Agency, which controls Fannie Mae and Freddie Mac and therefore has power over more than half the mortgages in the country. Now DeMarco's Acting Director of the FHFA, and where those mortgages are concerned he's king.

Three years after becoming President, Barack Obama can't get his own appointee into the job - because of Richard Shelby. That means DeMarco gets to stay on indefinitely.[/font]
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[tularetom]

1. Recess appointment?

Is that possible? If not just fire the sumbitch and leave the position vacant.

[Hotler]

2. Obama??? Recess appointments??? That's fucking funny.

Obama his no spine, balls or fight. If he did, Bush, Cheney & crew along with those fuckers on Wall St. would be in prison by now. The bush tax cuts would be a thing of the past. I do give the man some credit. He gives a goods speech, but that's about all.