Posts Tagged ‘Freddie Mac’

I just wanted to remind everyone to vote in the August primary tomorrow in Missouri, if you can tonight please call a friend or family member that you think may not make it out, hold them accountable.

Clay County ballot is available here if you have not seen it or want to take a copy with you tomorrow to go to the polls. http://www.claycoelections.com/pdfs/aug-3-2010-primary-pr-list.pdf

If you are in Clay County please make sure that you vote for Jay Jones for Clay County Auditor on the Republican ballot. For those that have not followed this William James Norris is the other Republican candidate and a bit of a problem. What we know so far is that he let his CPA certification lapse and is not certificated in the state of Missouri or Kansas. There is some confusion about his actual graduation from William Jewell, it appears that the registrar has no record of his degree. He claims otherwise. If you research his name on Missouri CaseNet you find he has a bit of a sordid past, two restraining orders against him. The first was levied against him in Trenton, MO and it was reissued down here in Liberty at the same address he has listed on his ethics documentation with the state for his election run. Mr. Norris is only 26 years of age with limited job experience, he refuses to answer tough questions about his past and has not involved himself in any real manner in Republican politics in the last 2 years. The problem is he has signs up everywhere and sits at the top of the ballot. Please let your friends and family in Clay County know about this race. Mr. Jones on the other hand is a man that has had a long career in dealing with financial roles, is certificated as a CPA, and is someone that I believe will make a great Auditor here in Clay County.

Please vote Yes on Prop C. Mr. Obama’s birthday is August 4th, let’s send him a wonderful birthday gift from the Show-Me State by passing Prop C!

Other recommendations:

I will be voting for Chuck Purgason in the primary race for US Senate. While I believe Mr. Blunt to be a decent person I believe as a candidate he has lost his way in some specific instances. Approving No Child Left Behind which was the largest expansion of the Federal Department of Education ever, voting for the Bush bailout, his earmarking has been out of control, and receiving campaign funds from Fannie Mae and Freddie Mac. I believe the only way to get real change in WADC is to send Mr. Blunt a wake up call and vote for Chuck Purgason.

I will be voting for Allen Icet in the primary for State Auditor. I really don’t think there are great options here, but I think Mr. Icet is the best choice. I have met and talked with both candidates, Mr. Schweich was a bit of an elitist when I talked with him and lost any chance of ever receiving my vote after he visited with me at the Clay County Pachyderm club. Plus the fact that he promised to follow up with me and then refused to do so is an indication of someone not willing to work for a vote.

Why anyone is challenging Sam Graves in US House-6 I will never know, but of course will be voting for Mr. Graves in this race. He has done an outstanding job in WADC for us and had the courage to even vote against the Bush bailout.

In Missouri House-35 I will be voting for TJ Berry. I met with both candidates and felt that TJ was a better choice, nothing wrong with his opponent though.

I will be voting for Lydia McEvoy in the Collector of Revenue primary, Mr. Doores failed to return his candidate survey to the KC Star and was defeated by Sandra Reeves before. I think Ms. McEvoy stands a better chance of beating Ms. Reeves in the general. She is top of the ballot as well.

I will be voting for Mike Ebenroth for Recorder of Deeds. The story of Mr. Lawson arrival on this ballot is a strange one. Originally filed as a Democrat for Presiding Commissioner and then somehow forgot to file his paperwork with the ethics commission. No way should this guy be elected.

Below is Congressman Graves newsletter, he addresses Fannie Mae and Freddie Mac’s insane bonuses. I agree!

We Need to Stop Taxpayer Funded Bonuses and Bailouts

A bonus is defined as something that is in excess of what is due. Some college and professional coaches get bonuses when their teams win championships. In Washington, bonuses are given even when you lose taxpayer money.
This week, we learned that the Chief Executive Officers and top administrators of government-run Fannie Mae and Freddie Mac will earn $42 million in bonuses. These are the same two government-sponsored institutions that have cost taxpayers more than $110 billion and have put us at risk for another $2 trillion in potential losses.
On Christmas Eve, the Obama Administration announced that it was removing the cap on the amount of taxpayer aid available to Fannie Mae and Freddie Mac. Both institutions have been shielded from the executive compensation limits that the administration put in place for companies that received Troubled Asset Relief Program funds. The CEOs for these institutions have a base salary of $900,000 and will now receive bonuses of $5 million each.
Only in Washington can it make sense to give out $5 million bonuses, but tell our seniors that there is no money available for a cost of living adjustment to social security.  Instead of handing out millions in bonuses, Washington ought to be restructuring Fannie Mae and Freddie Mac so that taxpayers get their money back.
We can start by canceling taxpayer funded bonuses to failing institutions. I, along with 70 of my colleagues, have written to the Treasury Secretary asking him to do just that. Taxpayer funded bailouts and bonuses have to stop.

Sincerely,
Sam Graves Signature
Sam Graves