New Record Set Monday At FireFox For Negative Feedback

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The blowback continues…

Mozilla experienced its highest level of negative customer feedback ever on Monday, April 7th, as Firefox users continued to uninstall, and left scorching comments on the Firefox Customer Feedback webpage. Users are upset at  the company for forcing out their CEO Brendan Eich because he donated to Prop 8 in 2008.  The previous record for the highest level of negative feedback was reached last Friday..

Around 13,000 14,000 people registered negative opinions at the site. Positive opinions look to be under 1000.

User feedback showed 92% of respondents were “sad” verses 8% “happy.”

You can register your approval or disapproval here.

Previously: 

Rush: Liberal Fascism Is Working (Audio)

“They were running”: Hundreds of Moore, OK Residents Run Westboro Freaks Out of Town

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Members of the Westboro Baptist Church  were in Moore, Oklahoma, Sunday, to spread the message that a vengeful God sent the tornado that devastated the town nearly a year ago. Westboro had a permit to picket the  junior high school that has been housing the elementary school students whose school was destroyed.  24 people died in that tornado, including 9 children, 7 of them at the elementary school.

Hundreds of Moore residents lined the street across from Junior high, ready to confront the WBC clan, and some crossed the street to go after them.

Amanda Eccles said, “It’s just sic kening. You know, it’s just innocent kids that lost lives and it’s sickening for them to even think that way.”

Kristy Hensley said, “They’re judging us because they think that, you know, we deserve what we got you know. But you know, their judgement day will come.”

Westboro’s permit to picket was for half an hour.

They had been there a mere eight minutes when several people took matters into their own hands.

Dan Eccles said, “I was afraid of a riot really. I didn’t know how long Westboro would stay, which they were smart to leave.”

Police held the Moore residents at bay while the Westboro bunch fled the scene.

Dan Eccles said, “They shagged tail, got in them cars and was leaving in a hurry. Oh yeah, they was gone!”

Tina Johnson said, “I thought it was hilarious. I mean I really did. We sat there and laughed the whole time. They were running, yeah.”

Amanda Eccles, no doubt spoke for many when she said,  “I think it’s just impressive how Moore comes together as a family and stands for their town.”

Hat tip: Weasel Zippers

Fox News Special Report: “Enemies Of The State” (Video)

Fox News aired a special, Saturday night called “Enemies of the State” which focused on everyday Americans who somehow found themselves in the crosshairs of their own government. Fox News reporter John Roberts talked to Wayne Hage, a rancher battling the Bureau of Land Management over his cattle farm.

Roberts pointed out that in one 105 day grazing season, the family was visited by government employees 70 times and received an additional 40 certified letters containing various citations and notices.

“That’s more than one visit by the government, in a sense, for every day that you are out there grazing,” Roberts said.

 

Who can forget the harassment  Gibson Guitar CEO, Henry Juszkiewicz went through with the DOJ’s weird obsession with some banned Indian wood – zeroing in on Gibson Guitars, rather than other – more union friendly guitar outfits, and extorting huge fines from Gibson to make them go away..

Harold Ham, an oil man ran into huge problems with the Regime over his enthusiasm for fracking. This is a horror story that went somewhat under the radar.

Any report on an abusive government targeting innocent Americans, would not be complete without the horrific example of what Catherine Englebrecht went through for becoming active in politics. Also featuring Washington power attorney, Cleta Mitchell.

UPDATE:

 

All videos courtesy of Mass Tea Party.

Linked by Doug Ross, thanks!

Video: Former Seal Pursues Assailents After Being Shot In Stomach

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Former Special Operator 1st Class (SEAL) Chris Heben was on his way to buy his mother a birthday gift March 28 when an altercation in the  Bath Township, Ohio, shopping center parking lot became deadly and he was shot in the lower abdomen. Operating out of instinct, Heben, 44, hopped in his truck and tried to pursue his assailant while holding a finger in his bullet wound. It wasn’t long before he  was seeing stars, so pulled over at the police station and get some medical help.

The Navy Times interviewed  Heben about the incident:

It all started when a gray, low-profile sports car nearly backed up into him in the parking lot. Heben said they exchanged strong words, but no one was yelling.

“You almost ran me over,” he recalled saying. “If I wasn’t paying attention, I’d be under your car right now.”

Thinking the situation was over, he headed for the Mustard Seed Market & Cafe. But then the car came back and Heben got shot.

Navy Times spoke to Heben over the phone April 3, following his discharge from the hospital.

Q. What happened when the car pulled up?

A. I’m going toward the store and he comes up next to me and shoots me through the door, basically. He said, “you got a real big mouth and you need to learn some respect. Where I come from we have to earn respect. I’d be willing to help you with that right now,” or something like that.

And then he looked at his buddy, turned back and looked at me, and that’s when I felt like I got mule-kicked in the gut. I never saw a gun.

I had a gun in my car at that time, a Glock. If I would have had the gun on me, I still think, legally, I couldn’t have shot because I didn’t see a gun.

Q. Did you see the plate?

A. No, but that’s why I gave chase. I’m all amped up. You know, I’m a SEAL — I’m not thinking 911, I’m thinking, ‘must catch people.’

Q. How long did you follow the car?

A. I could never get more than 75 yards from them because I have a truck, they have a souped up little car. At some point in time, I’m like, I can’t follow these guys anymore. There’s a police station literally right here, I’m going to pull in there and get some help.

I went from seeing stars to like, looking through a kaleidoscope into a lava lamp. Everything was kind of blue.

I would just guess it was less than five minutes. My belly was on fire. I got shot about five inches below my belly button and about an inch over from that.

It was burning, my heart’s racing, I’m sweating, my eyes aren’t working. And I’m thinking, what’s the end game here? If you catch up to them, and you probably won’t, what are you going to do?

You’re going to pit maneuver them, and spin them out, and hope you can get out with your gun? And you still haven’t seen a gun, and now you’re pursuing people, which is outside of the concealed carry statutes. Dude, just get help.

WND reported  that Heben stated in an “exclusive interview” with reporter F. Michael Maloof that there might be a terrorist connection to the shooting.

A former U.S. Navy SEAL who publicly had expressed concern about terror attacks on the U.S. electrical grid believes he became the target of an al-Qaida attack – or a mercenary hired by al-Qaida – in the United States.

But after reflection, he thinks it might be part of a series of unprovoked attacks on SEALs.

Heben recently had been prominently featured on Fox News and other media outlets, issuing a warning of the prospect of terrorist attacks on the U.S. electrical grid system.

Asked about the report on Facebook, Heben said,  “I spoke with the author briefly, and he definitely made some stretches. I told him that I didn’t ‘think’ I was targeted, but it isn’t outside the realm of possibility. I also NEVER told him that I had a definitive description of the neck tattoo’s, only that I saw some. He also never asked me for an official interview. The message: Never trust anyone.”-CMH

 Previous posts with Christopher Mark Heben:

Jeanine Pirro Investigates Possibility of Catastrophic Power Grid Failure: “This is Not Science Fiction – It’s Real”

Judge Jeanine Pirro: The Timing of Petraeus Resignation Anything But a Coincidence (Video)

 

Bobby Jindal on a Tear

Governor Bobby Jindal caused great confusion and consternation and mayhaps a bit of pearl clutching amongst Washington wags, Monday morning, when he boisterously strode to the microphone after the National Governors’ Association meeting, and proceeded to let the president have it.

Louisiana Gov. Bobby Jindal launched into a repeated assault on President Barack Obama’s leadership in the shadow of the West Wing, in defiance of established bipartisan protocol. Speaking after a meeting of the NGA at the White House, Jindal, the vice chair of the Republican Governors Association, said Obama is “waving a white flag” by focusing on executive actions with three years left in his term. “The Obama economy is now the minimum wage economy,” Jindal added.

The trembling Democrat who followed Jindal was Dan Malloy, the governor of Connecticut. When he was through repudiating Jindal, Jindal returned to the mike and blasted the president some more..

“The National Governors Association is supposed to bring Democrats and Republicans together to discuss policy and share ideas for mutual success”, whimpered Zeke Miller of Time’s Swampland. “But after a meeting at the White House Monday, all pretense at bipartisan comity was shattered as a press conference with lawmakers descended into a partisan fracas.”

How dare he!!!

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“Shattered”

The Governor of Louisiana was DEFIANT of established bipartisan protocol. Goodness gracious… No Democrat has ever ever ever been defiant of established bipartisan protocols like this  before. What a ruckus Bobby Jindal caused in Washington DC today with his shocking, rough defiance of established protocols.

Monday evening, Jindal went on Fox News’ Special Report with Brett Baier  and doubled down on the “white flag of surrender” talk that had so upset Malloy.

Can we see a little more “defiance of established protocols” from republicans please? The president hasn’t been shy about showing his defiance of the Constitution, the rule of law, or the TRUTH for the past five years, for crying out loud. it’s the very least they can do.

See Also: The Hayride:  JINDAL: 10 Ways Obama’s Phone And Pen Could Jumpstart The Economy

Susan Rice – Still In Cover-Up Mode After All These Months (Video)

In fairness – after going on five Sunday talk shows to spout the Regime’s phony cover story – what else is she gonna do? Admit it was all a huge lie to deflect from the ugly truth that al Qaeda was not “on the run” in 2012, but “on the offensive?”

Still, this is pathetic, and it inspired John McCain to burst out in derisive laughter when he saw it.

National Security Adviser Susan Rice says she has no regrets about her Sunday show appearances where she peddled the false talking point that the Benghazi terrorist attack was a spontaneous reaction to a video.

Actually Miss, what you peddled on the Sunday talk shows was not the best you had at the moment, and contrary to your assertions,  your bogus narrative has not been validated. Your “best information” defense has in fact been, invalidated. We know the White House knew, okay already?

The only question is whether Rice was acting as an unknowing stooge at the time, or a willing participant in the subterfuge. There is no question of what she currently is doing.

Oh – and kudos to Meet the Depressed host, David Gregory who did such a splendid  job holding Rice’s feet to the fire, there. Always nice to see a hard-nosed journalist doing his part to keep a Washington power broker honest with a few tough follow up questions. What’s that you say? There wasn’t a followup question to that obvious lie? Wow. (The FCC seen nodding in approval.) NBC knows what its audience’s “critical information needs” are – and the truth about Benghazi – or any of the Regime’s other scandals are not among them.

Here’s John McCain’s “almost speechless” response to Rice’s BS on CBS, this morning:

UPDATE:

Fox News’ “Political insiders”, Pat Caddell, Doug Schoen, John LeBoutillier with Harris Faulkner talked about Rice’s appearance on NBC still peddling what Caddell called “the greatest lie of my lifetime.”

LeBoutillier  saw the appearance as an indication that the Regime is still getting away with the cover-up, and took the opportunity to repeat what all the insiders have been calling for – a Select Committee to investigate Benghazi.

(By the way, I don’t agree that a Select Committee would be some kind of panacea – I think the multiple House hearings have actually done an adequate job rooting out the truth, myself. A Select Committee would remove some of the most effective House Oversight members (like Gowdy and Chaffetz) from involvement because ranking members (dead wood) would be appointed to the committee.  The investigation is taking time because we’re dealing with a bunch of shameless, lying, stonewalling, Fifth Amendment-pleading, ends-justify-the-means, Alinsky trained corruptocrats. As Darrell Issa has said, “the fact is, I have all the same powers and have used the same authorities as a Select Committee would use. This administration is slow.”)

Anyway, LeBoutillier was adamant. He said, “We have a 180 members of the House Republican Conference who have called for a Select Committee to finaally get to the bottom of Benghazi. They need to get together tomorrow, and they need to tell Boehner, Cantor, and McCarthy, you’ve got one day to appoint the Committee, and if you will not do it, we’re throwing all of you out of the leadership….”

The Rice discussion starts 6:35 minutes in…

Video via Johnny Dollar

Linked by Doug Ross, and iOWNTHEWORLD, thanks!

Video: The Pope and the Pentecostals Unite

Via Elizabeth Scalia, a wacky and wonderful video for a Sunday afternoon.

To watch only the pope is to be moved, but to ultimately miss the point. To watch the whole thing is to be blown away; Pentecostals, praying for the pope! The tongue-speaking is odd for most of us to witness, for sure. But as I did, I kept thinking, “Is that what the wind sounded like, at Pentecost, as the Holy Spirit approached?”

Marcel writes:

This is what Christian unity looks like. It doesn’t ignore the differences that we have with our non-Catholic brothers and sisters. It isn’t triumphalistic. It isn’t us vs them.

Rather, it is the love of Christ for all people. Jesus prayed for Christian unity and we must all acknowledge that the fact is – division within Christianity is both scandalous and a counter-sign to a God of unity to a world that needs Him.

So, Pope Francis recorded a video for his friend, Tony Palmer (An Anglican Episcopal Communion of the CEEC (Celtic Anglican Tradition) Bishop.) He took the video to show to Kenneth Copeland Ministries and the unthinkable has started to happen – we actually pray for one another and acknowledge one another as true brothers and sisters.

Scalia recommends that you don’t fast forward to the pope – ‘watch it from the beginning and hang in there through the parts that can feel challenging to watch and might seem (to us, as Catholics and as jaded Americans) like “Protestant weirdness”’.

Another inspiring video for a Sunday afternoon,  via Geo:

Should this man get the Nobel Peace Prize?

Baby Box – South Korea: Hundreds of babies are abandoned every year, but this brave men is trying to save them. So why is the government trying to stop him?

In this heart-breaking report, we follow a man who’s dedicated his life to saving South Korea’s unwanted babies. With hundreds of them being abandoned every year, why has the government ordered him to stop?

Louis Farrakhan Pleads With Obama To Open Area 51 To Prove Existence of Giant Mother Wheel In The Sky

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Louis Farrakhan, the leader of the Nation of Islam, has called upon the president to “open up Area 51,” a government location in New Mexico known for sparking conspiracy theories surrounding aliens and UFO landings.

Via The Blaze,  comic relief for trying times…

During the final installment of his year-long sermon series “Time and What Must Be Done,” The Minister Louis Farrakhan called on President Barack Obama to “open up Area 51,” a government location known for sparking conspiracy theories surrounding aliens and UFO landings.

“President Barack Obama, call the scientists. Open up Area 51 to the scientists to the world, because you America are the leader that Allah God has raised and made you powerful that he might make himself known through you,” Farrakhan said. “And if America calls the scientists of the earth to such place, they will respond.”

The Nation of Islam leader said that calling “the scientists” to the location would “show them the sign of the presence of God to right the wrongs of the earth and heal it.”

Farrakhan maintained that Obama would place the “shadow government” — a coalition that is purportedly “controlled by the global elite” and has seemingly veiled Area 51 and UFOs in secrecy — in danger of being exposed if he complies.

The faith leader believes that this secretive government force has hidden the presence of UFOs from American presidents and the public alike for decades. This includes The Mother Wheel, a massive spaceship that he believes remains in orbit and will eventually rescue Nation of Islam adherents from earth.

“The scientists all over the earth will know, especially through the clarity of our voice and what they see that God is present and that we whom they have destroyed would not have this knowledge if it did not come from the highest of sources,” Farrakhan continued. “We believe our words that we have shared on the presence of the Wheel could help the president and America to avert Allah’s warning of chastisement and destruction if America does not bow down.”

Farrakhan described the mother-wheel, thus in a 2011 speech:

It took 15 billion dollars in gold at that time to build it. It is made of the toughest steel. America does not yet know the composition of the steel used to make an instrument like it. It is a circular plane, and the Bible says that it never makes turns. Because of its circular nature it can stop and travel in all directions at speeds of thousands of miles per hour. He said there are 1,500 small wheels in this Mother Wheel, which is a half mile by-a-half-mile. This Mother Wheel is like a small human built planet. Each one of these small planes carry three bombs.”

“Its gonna be astounding to see how scary them people gon look bruh,” said one commenter on YouTube.

Someone is slightly off his rocker, you guys.

Posted in WOW!. 4 Comments »

Greta Van Susteren: Obama’s News Police Meant to Intimidate, Stifle and Chill Speech (Video)

On Wednesday night’s On the Record with Greta Van Susteren, a panel discussed the Obama Regime’s latest power grab – an FCC pilot program that would send “researchers” to newsrooms to grill reporters, editors and station owners about how they decide which stories to run. Former FCC Commissioner AJIT PAI wrote about the plan in his Wall Street Journal piece, The FCC Wades Into the Newsroom.

The purpose of the CIN, according to the FCC, is to ferret out information from television and radio broadcasters about “the process by which stories are selected” and how often stations cover “critical information needs,” along with “perceived station bias” and “perceived responsiveness to underserved populations.”

How does the FCC plan to dig up all that information? First, the agency selected eight categories of “critical information” such as the “environment” and “economic opportunities,” that it believes local newscasters should cover. It plans to ask station managers, news directors, journalists, television anchors and on-air reporters to tell the government about their “news philosophy” and how the station ensures that the community gets critical information.

Susteren is outraged. She had on The Hill’s AB Stoddard, The Washington Post’s Karen Tumulty and the Washington Examiner’s Byron York to discuss the Regime’s stealth attempt to bring back the  Fairness Doctrine, and they all agreed that it was a horrible idea that no self-respecting newsroom would tolerate.

Greta named three things that she thought she’d never see happen in her own country – the NSA spying on all American citizens, the use of drones to kill American citizens, and now this. Tumulty noted the FCC was also planning to visit newspapers which they don’t even have the power to regulate.

“You ask a news organization what their news philosophy is – it’s to cover the news and make a profit out of that”, Tumulty declared.

Greta retorted, “if they asked me, you know what I’d say? None of your business.” She went on to say she hoped any other news organization would respond the same way.

Stoddard wondered why any newsroom or newspaper would feel like they would have to comply with these FCC inquisitions. “I can’t imagine even the most liberal outfit coming from this profession being willing to share their philosophy and change the way they cover anything…” She said.

Greta asserted that the whole thing is “meant to intimidate and to stifle and to chill,” and expressed shock and horror that someone thought that this was a good idea to begin with.

AB Stoddard agreed, “it seems so ludicrous – so unAmerican – that I can’t believe that it would ever become real, but the fact that someone had an idea about it and it didn’t get slapped down – is more than strange.”

One gets the uneasy feeling that Obama looks to Communist South American Dictators who take control of the news media with great admiration and envy.

SEE ALSO:

Doug Ross: NOT CREEPY AT ALL: Obama FCC Placing Government Monitors in Newsrooms to Police Media:

Every major repressive regime of the modern era has begun with an attempt to control and intimidate the press.

As Thomas Jefferson so eloquently said, “our liberty depends on the freedom of the press, and that cannot be limited without being lost.”

The federal government has absolutely no business determining what stories should and should not be run, what is critical for the American public and what is not, whether it perceives a bias, and whose interests are and are not being served by the free press.

It’s an unconscionable assault on our free society.

Imagine a government monitor telling Fox News it needed to cover stories in the same way as MSNBC or Al Jazeera. Imagine an Obama Administration official walking in to the editorial board of the Wall Street Journal and telling it that the American public would be better served if it is stopped reporting on the IRS scandal or maybe that reporting on ObamaCare “glitches” is driving down enrollment.

It’s hard to imagine anything more brazenly Orwellian than government monitors in newsrooms.

Via Dick Morris: 

Surveys will be distributed to reporters, news editors, assignment editors, publishers, owners, on-air reporters, film editors and other station or newspaper staff. These are the questions they will ask:

–What is the news philosophy of the station?

–Who else in your market provides news?

–Who are your main competitors?

–Is the news produced in-house or is it provided by an outside source?

–Do you employ news people?

–How many reporters and editors do you employ?

–Do you have any reporters or editors assigned to topic “beats”? If so how many and what are the beats?

–Who decides which stories are covered?

–How much influence do reporters and anchors have in deciding which stories to cover? –How much does community input influence news coverage decisions?

–How do you define critical information that the community needs?

–How do you ensure the community gets this critical information? On-Air Staff? Reporters? Anchors?

–How much news does your station air every day?

–Have you ever suggested coverage of what you consider a story with critical information for your customers (viewers, listeners, readers) that was rejected by management? If so, can you give an example? What was the reason given for the decision? Why do you disagree?

These intrusive questions, prying into station politics and policies, can only send a chilling message to radio and television outlets.

Fox News: ‘The Kelly File’ looks at the FCC’s proposal to study newsrooms:

A Federal Communications Commission proposal to “study” how the news media operates by placing researchers in newsrooms, “The Kelly File” reported on Wednesday.

“It’s very reminiscent of the kinds of questions that were asked of my clients in the IRS matter that is currently in federal court,” said Jay Sekulow of the American Center for Law and Justice. “Same kind of questioning process of content, determination on point of view, and I think this government, this administration is bent on aiming and targeting those they don’t like.”

Katie Pavlich, the news editor of Townhall.com, wondered why the Obama administration didn’t learn following the fallout over the Justice Department’s wiretapping of Associated Press journalists.

“Now, they want to send investigators into newsrooms all over the country,” she said. “This is about controlling what people say, and this is about intimidating the news.”

Pavlich agreed with host Megyn Kelly’s assertion that the proposal provides a window into “how the FCC is thinking” when it comes to an independent press.

I emboldened what Sekulow said because I was thinking the same thing and I think it is key.

Do a Google search on this story, and you’ll quickly notice which media outfits are the most concerned about this – the WSJ, which broke the story, Fox News, the ACLJ, Mediaite, and lots of conservative blogs.

Why do you suppose ABC, CBS, NBC, MSNBC,  CNN, the Washington Post and NYTs (the Democrat media complex as Andrew Breitbart used to call them) are mum? Why is this not a big story for them? Could it be because they are already voluntarily complying with the Regime’s PC requirements? Are they not already simpatico with the Regime’s Statist worldview? In 2016, can we fully expect them to run interference  for the Democrat candidate  like they did so shamelessly for Obama in 2008 and 2012? Of course they will. They pretend to be impartial, but when it counts – they will sting the Republican. It is their nature.

So who do you think is being “targeted” here? As usual, it’s the disfavored conservative leaning rabble-rousers who don’t tow the Regime’s Statist line. And the Democrat media complex is once again, looking away from a scandal,  giving the Regime their tacit approval.

Greta Van Susteren has every reason to be horrified.

Andrew Klavan, Truth Revolt: KLAVAN: A Sick Media #BOWDOWN To Their Own Oppressors:

…we don’t need a thuggish FCC to know this administration wants the media choir to sing the White House song castrato. Reporters Without Borders has already downgraded the U.S. fourteen spots to number 46 on the World Press Freedom Index this year alone. The president’s men have tapped reporters’ phones and email. And even Jill Abramson, editor of the leftist New York Times, says, “This is the most secretive White House… I have ever dealt with.”

And yet the Times and the news networks continue to play down presidential malfeasance — including that which threatens their own freedom!

It was unbelievably childish of journalists to believe, as Barbara Walters put it, that Obama was “the next messiah.” It is venal of them to turn a near-sighted eye to his IRS abuse, Benghazi cover-up and unconstitutional non-enforcement of law. But for American news people to #BOWDOWN before an administration that shows open hostility to the First Amendment — that’s just hashtag-pathological.

Ben Shapiro, Big Government: OBAMA CRACKDOWN ON PRESS FREEDOM ESCALATES:

Last week, Reporters Without Borders dropped America in the World Press Freedom Index 2014 from 33rd to 46th. James Risen of The New York Times rightly explained, “I think 2013 will go down in history as the worst year for press freedom in the United States’ modern history.” And he’s right. The violation of press freedoms has been egregious under this administration, even as the press fetes President Obama as an honest and effective commander-in-chief.

Selective Access. President Obama has regularly granted special access to reporters who give him preferential coverage. CBS’ Steve Kroft admitted as much after a late-2012 interview with the President during which CBS clipped Obama’s explicit refusal to label Benghazi an act of terror: “(Obama) knows that we’re not going to play ‘gotcha’ with him, that we’re not going to go out of our way to make him look bad or stupid.”

Michael Lewis, author of Moneyball, got special access for a profile of Obama for Vanity Fair – but Obama insisted on redlining his quotes. Lewis explained that “the White House insisted on signing off on the quotes that would appear.” A reporter from the San Francisco Chronicle was threatened for covering an anti-Obama protest. As early as 2008, candidate Obama was kicking dissenters off planes after their outlets endorsed John McCain.

Targeting Reporters. In May 2013, the Associated Press dropped the bombshell that the Department of Justice had grabbed phone records for its reporters and editors of the course of two months. Records for 20 telephone lines belonging to the AP and reporters for it were seized between April and May of 2012. Those seizures affected over 100 journalists.

The AP’s President and CEO Gary Pruitt stated, “There can be no possible justification for such an overbroad collection of the telephone communications of The Associated Press and its reporters.” Fox News’ James Rosen was also targeted by the DOJ after running a story about North Korea nuclear development. His State Department visits were tracked and his movements were followed. His parents’ phone records were even grabbed.

Newly Released Treasury Dept Memo Reveals Holders of Fannie Mae and Freddie Mac Stock Unable To Access Future Earnings

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A recently uncovered memo to Treasury Secretary Tim Geithner reveals that he approved a policy that ensures that the “existing common equity holders will not have access to any positive earnings from the G.S.E.’s in the future.”  Experts say this previously undisclosed arrangement could violate securities laws and amounts to a de facto nationalization of the companies.

The New York Times dropped this little bombshell over the weekend.

This month, an internal United States Treasury memo that outlined this restriction came up at a forum in Washington.

The memo was addressed to Timothy F. Geithner, then the Treasury secretary, from Jeffrey A. Goldstein, then the under secretary for domestic finance. In discussing Fannie and Freddie, the beleaguered government-sponsored enterprises rescued by taxpayers in September 2008, the memo referred to “the administration’s commitment to ensure existing common equity holders will not have access to any positive earnings from the G.S.E.’s in the future.”

The memo, which was produced in a lawsuit filed by Fannie and Freddie shareholders, was dated Dec. 20, 2010. Securities laws require material information — that is, information that might affect an investor’s view of a company — to be disclosed. That the government would deny a company’s shareholders all its profits certainly seems material, but the existence of this policy cannot be found in the financial filings of Fannie Mae. Neither have the Treasury’s discussions about the future of the two finance giants mentioned the administration’s commitment to shut common stockholders out of future earnings. Freddie Mac’s filings do refer, albeit incompletely, to the administration’s stance, noting that the Treasury “has indicated that it remains committed to protecting taxpayers and ensuring that our future positive earnings are returned to taxpayers as compensation for their investment.” Note that this reference does not say all earnings.

Lewis D. Lowenfels, a securities law expert in New York, found this statement insufficient. “If there is disclosure regarding future Fannie and Freddie earnings and the administration has a commitment that existing Fannie and Freddie common equity holders will never receive any future positive earnings,” he said, “this commitment would be material to investors and should be disclosed.”

When the memo was written, plenty of people held these stocks. Regulatory filings show that 18,000 investors held 1.1 billion shares of Fannie Mae common stock, while just over 2,100 investors held 650 million Freddie Mac shares.

The Washington Free Beacon has more…

Thousands of investors in the companies were not made aware of the memo, which outlined a policy that deprived them of future earnings. Securities laws require the disclosure of any “material” information that might affect an investor’s view of a company.

James Cummins, a leading securities lawyer who has litigated against Fannie and Freddie since 2004 on various issues, said in an interview that the information in the memo would have been of great interest to potential investors at the time.

“It’s material information because it was going to tell people who might want to buy stock, ‘Hey, by the way, you’re not going to get any dividends and all of the earnings of the company are going to U.S. Treasury,’” he said.

***

Critics accuse Fannie, Freddie, and the FHFA—which still guarantee nine out of every 10 U.S. mortgages—of crowding out competition from private mortgage insurers.

“It’s like a sick person going into a hospital, being cured of the illness, and then having the hospital refuse to release the patient,” Cummins said.

“It’s so different from what the entrepreneurial, capitalistic dream of the U.S. is supposed to be,” he added. “It’s just totally different from what anybody anticipated was going to happen.”

Cummins said Treasury’s control of the earnings, coupled with presidential appointments to the board of directors for Fannie and Freddie, more closely mirrors nationalized industries “in the Soviet Union or in Mexico.”

Or perhaps Venezuela.

Shock: IRS Partners With Progressive Organization To Process Data Filed By Small Tax-Exempt Groups

irs scandal2

In an exclusive report for WND, investigative journalist Aaron Klein revealed that the IRS has contracted with  “an avowedly progressive organization funded by George Soros to process data filed by smaller tax-exempt groups.”

The federal agency process sends details contained in the annual filings for organizations with $50,000 in annual receipts or less to the Urban Institute, which is funded at least partly by government payments as well as contributions from far-left activist George Soros.

The IRS page directs groups to file with the Urban Institute, although apparently other providers also can file the Form 990 documentation, which is required of every nonprofit, small and large.

The IRS.gov page on the “Annual Electronic Filing Requirement for Small Exempt Organizations – Form 990-N (e-Postcard)” includes instructions to file online, and includes a direct link to the Urban Institute.

It’s for “most small tax-exempt organizations whose annual gross receipts are normally $50,000 or less,” since they are “required” to electronically submit Form 990-N, unless they choose an alternative Form 990 or Form 990-EZ.

“The organization that fails to file required e-Postcards … for three consecutive years will automatically lose its tax-exempt status,” the IRS warns.

There, in the “How to File” box, are instructions to use “this link” to file. The IRS explains, “When you access the system, you will leave the IRS site and file the e-Postcard with the IRS through our trusted partner, Urban Institute. The form must be completed and filed electronically. There is no paper form.”

Click here to see images of the forms.

Klein goes on to note that employees at the Urban Institute” have a record of donating nearly 100 percent of their political contributions to Democrats, and officially, the Urban Institute advocates for totally socialized medicine, carbon taxes and amnesty for illegal aliens.”

The president of allegedly nonpartisan organization is Sarah Rosen Wartell, who is also the co-founder of the Center for American Progress, which is  widely considered to be the brain trust behind many of the Obama administration’s progressive policies.

Cleta Mitchell, the attorney for a number of tea party and conservative groups targeted by the IRS, told WND, “If true, this is a violation of federal law. And since most of the tea-party groups have annual revenues of [$50,000] or less, this would redirect their filings to a group whose mission is fundamentally at odds with tea-party organizations.”

She continued, “Federal law strictly prohibits the disclosure of confidential taxpayer information to persons outside the IRS. It is a felony to disseminate the information.

“Surely this cannot be happening. Surely,” she said. “This would be well more than a ‘smidgen’ of corruption.”

A disgusted Christopher Monckton  said the entire IRS is corrupt. “Sack the lot,” he declared.

“Where a department behaves as corruptly as the IRS, first selectively moving against conservative nonprofits only and then forcing all nonprofits to file their tax returns with a hard-left group only, with the menace that if they did not do so they would lose their nonprofit status, one statute springs to mind.

“The RICO statute,” he wrote.

“The IRS, by its actions, has shown itself to be a racketeer-influenced criminal organization. The nonprofits should band together, now, and mount a RICO action against it.

“Their lawyers will tell them they cannot possibly win. But they will win. And win big. The RICO statute, designed to deal with an earlier generation of Chicago gangsters, pays the successful plaintiffs three times their costs in fighting the action. Once the courts have held the IRS to be corrupt, it can and will be closed down,” he wrote.

He said a foreign company should be contracted for the IRS work.

“An organization that has behaved with such outrageous disregard for the iron obligation of strict political neutrality that is the first and most sacred duty of any tax-gatherer can only have done so because throughout its senior management there is ingrained contempt for the taxpayer and for the law,” he added. “The IRS has put politics above the law. Sack the lot.”

CT Collectivist Gun Grabber Ruthlessly Exposed By Sipsey Street Irregulars

And how. If you haven’t yet read Mike Vanderboegh’s superb expose and  take-down of Michael Lawlor, Connecticut Governor Dannell Malloy’s “hatchet man” on the State’s gun control efforts, you need to stop everything and read it, right now. Take it all in and know that there are many more such men and women peppered throughout the Democrat/Media Complex – right to the highest reaches of government. And I do mean highest.

Michael Lawlor CT Office of Policy & Mgt

“You can either surrender the weapon to us, destroy the weapon, or sell it to a federal firearms licensee. After that date (January 1) that hasn’t been declared or register is banned and if you get caught, you’re going to get arrested.” — Michael Lawlor.

An Open Letter to Michael Lawlor, the CT Governor’s Hatchet Man on Firearms Confiscation. “How’s your KGB file hangin’, Mike?”

You know it is quite ironic that on the morning I sit down to write this letter we discover that Adam Lanza (whose evil deeds were the supposed excuse for your Intolerable Act) was something of a twisted fellow traveler of collectivism being an apparently homosexual, environmentalist vegan who was anti-Christian enough to forbid his mother to put up a Christmas tree. “Gee,” I thought when I read that, “This kid could have grown up to be a Connecticut Democrat politician.” That he provided the bloody excuse for tyrant wannabes such as yourself is certainly the Devil’s own joke — send a collectivist killer to enable future collectivist power. Old Scratch must be laughing his ass off.

You know after just a cursory reading of your biography here and here, I realized that I owed you an apology. Previously I had described you as Malloy’s “Eichmann.” But Eichmann was a rather colorless bureaucrat, defining as Hannah Arendt spelled out, “the banality of evil.” But you, sir, are no bureaucratic handmaiden of evil. No, to call you an Eichmann would require an apology to both you and Eichmann. You, sir, are a true believer — more of a Heydrich than an Eichmann. Or, if you raise a Godwin’s objection, shall we say a Felix Dzerzhinsky? Yes. Dzerzhinsky is certainly more fitting.

I note that while you were at UConn in 1977 you “participated in language studies in Russia in 1977″ at Moscow and Leningrad. You then earned a Master’s Degree in Soviet Area Studies from the University of London in 1981. You were, what, 20 when you first experienced the Soviet Union at the height of the Cold War? It must have fascinated you early on in life. Yet after you got your Masters in Soviet Area Studies from the University of London at a time when that and other British universities were prime recruiting grounds for KGB “political warfare” assets, and you subsequently “received a Fulbright-Hays Scholarship to study economic reform in Hungary in 1982,” you decided to change course and become, in quick succession, a lawyer, a prosecutor and then a Democrat Party politician.

Why the change, Mike?

Your KGB file might provide some clues along those lines, of course. I had a long chat with a former CIA Cold Warrior who is intimately familiar with the KGB infiltration and subversion tactics of the time of your stay in the Soviet Union. He says that you certainly have a KGB file and had a KGB officer assigned to your case with the object of making an asset of you. No one from the United States got into the Soviet Union back then without the close inspection of the KGB. NO ONE.

And what would the KGB be looking for, I asked? “A lot of dewy-eyed kids were going to the Soviet Union back then with this fascination for the other side. They thought the Vietnam War proved the evil nature of American society and they wanted to see what the other side was like. So they (the KGB) would look for someone with those misconceptions and then look for other vulnerabilities. And their recruitment operations were vast. VAST.” What other vulnerabilities? I asked.

“For one, homosexuality or other sexual deviance,” he answered. He drew my attention to these passages regarding the Prime case from The New KGB: Engine of Soviet Power by William Corson and Robert Crowley:

Prime exhibited most of the disabilities on the KGB check list and more than qualified as a target for recruitment. A loner, a young man with sexual problems and someone who, by his own admission, believed that the downtrodden of the world would fare better under communism. Such symptoms and attitudes assured that, at an appropriate moment, he would fall into the Soviet bag. The case is not a tribute to the Soviets’ prescience but another instance of their readiness for an event such as Prime’s self-selection, their single-minded patience, clerical effort, and corps of competent case officers who were trained and fully aware of what their jobs entailed.

In Berlin the Soviet support nets are massive. In addition to surveillance, drivers, couriers, police, and postal employees, they include “swallows” who specialize in foreigners who enjoy mild or other forms of perversion. . . The KGB’s ‘girls’ . . . provide the organs with volumes of information about their clients. . . The girls are also alerted to spot the six “d’s” — discontent, disaffection, depression, drunkenness, desperation, and sexual dysfunction — nany one of which might provide a future lever. — pp. 390-361.

It is a matter of record that after being long in the closet, you “came out” only in 2006.

Of course Prime was not a homosexual but the KGB did not lack for male “swallows” if their target had those appetites.

Read the whole thing, here.

UPDATE:

And now there’s…

My Second Open Letter to Mike Lawlor — On “Nightcrawlers” and Treason Played for Laughs. We’ve already established that you are willing to sell out your country. Now we’re just haggling about the price.

 MBV Note to Readers: In my first letter to Connecticut’s own Felix Dzerzhinsky,Mike Lawlor, we explored the subject of that tyrannical collectivist’s KGB file. The response to that missive was very gratifying, as well as rewarding in terms of further clues and offers of assistance. I hope you like this letter as much as you liked the first.
***

You know, it’s the arrogance about you collectivist pricks that always strikes me as ironically misplaced. You’re always the smartest guy in the room, dispensing orders from on high as if to the purple born, yet when it comes to the important things you really aren’t all that bright.

Take that slip you made in the interview when you played the subject of treason for laughs. Of course you have long thought yourself safe from scrutiny of any questions about what you were up to back in the 70s and early 80s. But mentioning that a. you had tried to get a job with the CIA right out of law school and b. that they had turned you down, well, even to a guy like me who’s nothing particularly special other than an amateur student of history, why, that’s just plain stupid.

It raises so many questions and reinforces the ones I’ve already asked. Why would the CIA, at the height of the Cold War when it needed every trustworthy Russian speaker and analyst, turn you down? I guess the key word there is “trustworthy.” The CIA, and not because of the bad joke, must have found compelling reasons to find you untrustworthy. That must have stung, huh? Not that you weren’t accepted — you would play that for laughs, for you are the smartest guy in the room and that just proves their stupidity, right? As a homosexual you already were struggling with issues of identity, loyalty, societal trust, etc. And again, homosexuality is not the issue. It is not now, nor was it then, grounds (by itself) for exclusion from employment by the CIA. According to my sources, the Agency knowingly hired many homosexuals from its inception onward as long as it was convinced of their loyalty, their trustworthiness. And, my sources say, as long as that was understood up front there was no blackmail risk and the Agency only very rarely was proved wrong about their pick.

So why did they turn you down, Mike? What was it that they spotted about you? I am told by sources who were once in a position to know that you have not only a KGB file and a CIA file, but an FBI file as well. We’ll never get anything out of the CIA, but I wonder what a FOIA of the FBI might turn up? Have you got the juice to work your will upon the Fibbies as well?

And again, why apply to the CIA at all? Why did you change your career from Soviet Studies academic to zealous public prosecutor seeking the brass ring of political power? You are a public official. These are legitimate questions. Not that I expect an answer from you, at least not a written one.

Hat tip: Larwyn’s Links.

Linked by Maggie’s Farm, thanks!

What’s Wrong With This Picture?

At the State of the Union, last night one of House Minority Leader Eric Cantor’s staffers was evicted from the Capitol because he didn’t have his ID on him.  Doug Heye,  Cantor’s deputy chief of staff for communications was in Statuary Hall chatting with some reporters, when a Capitol Police officer came by to check for credentials.

sotu_tw004_012814Heye, right, forgot his ID. (Tom Williams/CQ Roll Call)

 He searched every pocket and didn’t have it. A fellow staffer, Cantor Communications Director Rory Cooper, vouched for Heye, but to no avail.

Heye had momentarily dressed down in the hours leading up to SOTU — “Left my ID in my topcoat!” he told HOH — but rocketed back to the office to retrieve his congressional credentials.

ID’s were apparently not an issue for the 5  illegal immigrants who were official guests of various Democrats (including the Obamas) at the SOTU, last night.

Rep. Joe Garcia (D-Fla.) proudly announced that his guest to the State of the Union was Mayra Rubio Limon,  a “Dreamer” who was arrested last November at the Capitol Hill at (ironically enough) Eric Cantor’s  office.

arrested

Rep. Garcia is not the only one who has invited illegal aliens.  Sitting with Michelle Obama is illegal alien Cristian Avila.  Illinois delegation members Reps. Brad Schneider (D-Ill.) and Bill Foster (D- Ill.), invited Estefania Garcia and Maria Torres, while Lucas Codognolla is the guest of Rep. Jim Himes (D-Conn.). All five have been granted Deferred Action for Childhood Arrivals (DACA), which allows certain illegal aliens to stay and work in the United States for two years, with eligibility for extension.

SEE ALSO:

The Daily CallerICE officer slams Obama for illegal immigrants attending State of the Union

The head of the union representing Immigration and Customs Enforcement officers and staff issued a harsh rebuke to President Obama for having illegal immigrants in the chamber during his State of the Union address.

“According to news accounts, the President has once again invited illegal immigrants to the State of the Union — and yet the President still refuses to meet with ICE officers,” National ICE Council head and ICE officer Chris Crane in a statement. “We have a President who will provide those illegally in the US with the seat of honor at one of the most important events of the year, but ICE officers who serve under him are unwelcome in the White House.”

Video: Obama Admin Accused Of Filing Standard and Poor’s Lawsuit In Retaliation For 2011 US Credit Downgrade

When Holder’s politically weaponized Justice Department filed a $5 billion dollar fraud lawsuit against S&P a year ago, who didn’t think it was political retaliation for crossing Obama?  Now, according to claims made in their multi-billion dollar lawsuit, S&P  have removed all doubt.

Via Fox News Insider:

The financial services firm, Standard & Poor’s, threw down a stunning challenge in court claiming that former U.S. Treasury Secretary Timothy Geithner threatened the chairman of S&P’s parent company in a phone call that warned of consequences after the downgrade came.

It came just days after S&P angered the White House by downgrading the U.S. credit rating in the middle of the 2011 debt ceiling debate.

Harold McGraw III said, according to the sworn legal declaration, “[Geithner] said that, ‘you have done an enormous disservice to yourselves and to your country.’”

He went to attribute the following threats from Geithner, “S&P’s conduct would be ‘looked at very carefully’ he said. Such behavior could not occur, he said, without a response from the government.”

The Justice Department filed a $5 billion dollar fraud lawsuit about a year ago, accusing S&P of lying about the credit worthiness of complicated financial instruments in the run out to the 2008 financial crisis.

Megyn Kelly opened her show, last night, with the bombshell allegations. She had on Chief Counsel from the ACLJ, Jay Sekulow, and Chris Stirewalt of the Washington Examiner to talk about it.

Stirewalt noted that the man making the allegation, Harold McGraw III “ain’t Glenn Beck….. he’s not a conservative activist, not somebody who is known for his criticism of any political figures – or anyone at all. What he’s known for is being a white shoe, elite, New York, big business, Chamber of Commerce, gives money to Democrats and Republicans kind of guy. He’s not someone who you would ever expect to hear criticizing anyone in power from either party.”

“Air FLOTUS’ Promotes Healthy Eating (Video)

I’m not even going to comment on this because you know whatever we say – it will be indicative of A. Raaaaacism: hating on the First Lady because she’s black, or B. sexism: Hating on the First Lady because she’s a powerful woman.

So, I will just let the video speak for itself and say, well done Michelle Obama! I’ve never seen a First Lady do anything like this, before.

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