Ken David
Candidate for Ottawa County Commissioner MI District 9, Grand Haven, Olive and Robinson Townships
Wednesday, May 16, 2012
Saturday, May 12, 2012
Masters of Corruption
Where
are Jim, Tim, and Franklin now?
Here's
a quick look into the three former Fannie Mae executives who brought
down Wall Street.
Franklin Raines - was a Chairman and Chief Executive Officer at Fannie Mae. Raines was forced to retire from his position with Fannie Mae when auditing discovered severe irregularities in Fannie Mae's accounting activities. Raines left with a "golden parachute valued at $240 Million in benefits. The Government filed suit against Raines when the depth of the accounting scandal became clear.
Tim Howard - was the Chief Financial Officer of Fannie Mae. Howard "was a strong internal proponent of using accounting strategies that would ensure a "stable pattern of earnings" at Fannie. Investigations by federal regulators and the company's board of directors since concluded that management did manipulate 1998 earnings to trigger bonuses. Raines and Howard resigned under pressure in late 2004. Howard's Golden Parachute was estimated at $20 Million!
Jim Johnson - A former executive at Lehman Brothers and who was later forced from his position as Fannie Mae CEO. Investigators found that Fannie Mae had hidden a substantial amount of Johnson's 1998 compensation from the public, reporting that it was between $6 million and $7 million when in fact it was $21 million." Johnson is currently under investigation for taking illegal loans from Countrywide while serving as CEO of Fannie Mae. Johnson's Golden Parachute was estimated at $28 Million.
** WHERE ARE THEY NOW? **
FRANKLIN RAINES?
Raines works for the Obama Campaign as his Chief Economic Advisor.
TIM HOWARD?
Howard is a Chief Economic Advisor to Obama under Franklin Raines.
JIM JOHNSON?
Johnson was hired as a Senior Obama Finance Advisor and was selected to run Obama's Vice Presidential Search Committee.
Franklin Raines - was a Chairman and Chief Executive Officer at Fannie Mae. Raines was forced to retire from his position with Fannie Mae when auditing discovered severe irregularities in Fannie Mae's accounting activities. Raines left with a "golden parachute valued at $240 Million in benefits. The Government filed suit against Raines when the depth of the accounting scandal became clear.
Tim Howard - was the Chief Financial Officer of Fannie Mae. Howard "was a strong internal proponent of using accounting strategies that would ensure a "stable pattern of earnings" at Fannie. Investigations by federal regulators and the company's board of directors since concluded that management did manipulate 1998 earnings to trigger bonuses. Raines and Howard resigned under pressure in late 2004. Howard's Golden Parachute was estimated at $20 Million!
Jim Johnson - A former executive at Lehman Brothers and who was later forced from his position as Fannie Mae CEO. Investigators found that Fannie Mae had hidden a substantial amount of Johnson's 1998 compensation from the public, reporting that it was between $6 million and $7 million when in fact it was $21 million." Johnson is currently under investigation for taking illegal loans from Countrywide while serving as CEO of Fannie Mae. Johnson's Golden Parachute was estimated at $28 Million.
** WHERE ARE THEY NOW? **
FRANKLIN RAINES?
Raines works for the Obama Campaign as his Chief Economic Advisor.
TIM HOWARD?
Howard is a Chief Economic Advisor to Obama under Franklin Raines.
JIM JOHNSON?
Johnson was hired as a Senior Obama Finance Advisor and was selected to run Obama's Vice Presidential Search Committee.
Vote in 2012 it is the most important
election of our lives.
Monday, May 7, 2012
A Conservative Teacher: Bishop Argues that Obama and Democrats Don't Toler...
A Conservative Teacher: Bishop Argues that Obama and Democrats Don't Toler...: Bishop Daniel Jenky delivered a homily at a mass proceeding a Catholic men’s march, and it received a lot of attention from left and liberal...
Wednesday, May 2, 2012
A Conservative Teacher: Stimulus Bill Results in Michigan: $61K per single...
A Conservative Teacher: Stimulus Bill Results in Michigan: $61K per single...: Everything wrong with Democrat and big-government Republicans can be summed up for Michigan in this number: $61,229. According to Recovery...
Saturday, April 28, 2012
Huizenga Comments on Vote to Protect Economy from Cyber Attacks | Congressman Bill Huizenga
Huizenga Comments on Vote to Protect Economy from Cyber Attacks | Congressman Bill Huizenga
www.KenDavid2012.com expressed to Rep Huizenga a desire to have a NO vote on the bill.
www.KenDavid2012.com expressed to Rep Huizenga a desire to have a NO vote on the bill.
Wednesday, April 18, 2012
Tuesday, April 17, 2012
Friday, March 30, 2012
Thursday, March 22, 2012
Sen. Debbie Stabenow Named 'Porker of the Month'
Sen. Debbie Stabenow Named 'Porker of the Month': [...] More: Sen. Debbie Stabenow Named 'Porker of the Month'
How much pork did this same U.S. Senator convince her cohorts to allocate to the hauling of Canadian trash into Michigan landfills?
How much pork did this same U.S. Senator convince her cohorts to allocate to the hauling of Canadian trash into Michigan landfills?
Wednesday, March 14, 2012
The Not So Lame Media: Mitt Romney's National Co-Chair and Former Obama W...
The Not So Lame Media: Mitt Romney's National Co-Chair and Former Obama W...: Raleigh’s state of the art studio in Pontiac, which opened only ten months ago, defaulted on its $630,000 bond payment on $18 million in st...
Monday, March 12, 2012
Right Coast: Breitbart is Here!
Right Coast: Breitbart is Here!: Pro-Limbaugh Supporters' Rally Took Place Early Saturday Afternoon On Monroe Center Street NW In Downtown Grand Rapids
Saturday, March 10, 2012
Friday, March 9, 2012
A Conservative Teacher: Total Political War: Fascists and Progressives Exp...
A Conservative Teacher: Total Political War: Fascists and Progressives Exp...: Over the last several years, I have been fighting my own brand of war against those people who are the enemies of freedom and liberty. My st...
Monday, March 5, 2012
THE WIZARD OF LAWS: An Open Letter to Michigan Republicans
THE WIZARD OF LAWS: An Open Letter to Michigan Republicans: Dear Michigan Republicans: Stop it. All of it. Just stop. It is truly amazing how we pay lip service to unity, then immediate...
Friday, March 2, 2012
March 2, 2012
Dear Senator Richardville,
As a Senator in Michigan and elected as the majority leader you are responsible for ending these kind of situations that our Senate is involved in that continue as standard operating procedure. I am sure you understand the embarrassment you will suffer as a result of ending this log jam; however if not ended soon it will only get worse for you. Your Senate colleagues will through you under the bus when the time comes. Take the easy route, and settle this discrepancy as soon as possible, or resign for failure to do so. I refer to the continuing saga regarding the SEIU and home healthcare workers. http://www.michigancapitolconfidential.com/16532
My Best Regards,
Kenneth David
15896 Comstock Street
Grand Haven, MI 49417
Thursday, February 23, 2012
Wednesday, February 22, 2012
Obama the Lawbreaker versus the Catholic Church
Obama the Lawbreaker versus the Catholic Church
My suggestion is the Catholic Church break the law and speak to the multitudes from the pulpit, until the Government quits breaking their own law.
Tuesday, February 21, 2012
Ottawa Co. Road Commission Issues Statement on Merger Bill - 1450 WHTC Holland's Hometown Station
Ottawa Co. Road Commission Issues Statement on Merger Bill - 1450 WHTC Holland's Hometown Station
A merger of such sort, is only for the purpose of centralizing more government with the idea that there will be additional cost savings when it will actually in most all cases increase the use of seeking more additional State and Federal grant funds to try and make these kind proposals work.
State and Federal grants = the need for the Counties , State, and Federal governments to tax more at the onset, then filter those funds through perspective government agencies, restrictions added, (example: fifty-fifty local participation, bonding, millage increase) resulting in more taxation to receive a grant. Of coarse this results in inflation of the project and dollars at the same time.
A merger of such sort, is only for the purpose of centralizing more government with the idea that there will be additional cost savings when it will actually in most all cases increase the use of seeking more additional State and Federal grant funds to try and make these kind proposals work.
State and Federal grants = the need for the Counties , State, and Federal governments to tax more at the onset, then filter those funds through perspective government agencies, restrictions added, (example: fifty-fifty local participation, bonding, millage increase) resulting in more taxation to receive a grant. Of coarse this results in inflation of the project and dollars at the same time.
Monday, February 20, 2012
Monday, February 13, 2012
A Conservative Teacher: The Sun Causes Global Warming? Danish physicist He...
A Conservative Teacher: The Sun Causes Global Warming? Danish physicist He...: Last year I wrote the following in a post called "Bombshell" Experiment: Global Climate Change Caused by Cloud Cover : Times have to be ge...
Friday, February 10, 2012
Wednesday, February 8, 2012
Rep. Ray Franz: Hero of Home Repair Tradesmen
Rep. Ray Franz: Hero of Home Repair Tradesmen: Sometimes politicians actually get it.[...] More: Rep. Ray Franz: Hero of Home Repair Tradesmen
A real gentleman doing the right thing.
Sunday, February 5, 2012
Thursday, February 2, 2012
Thursday, January 26, 2012
Tuesday, January 24, 2012
Friday, January 20, 2012
Wednesday, January 18, 2012
A Conservative Teacher: US Gov: System of Looting and Transferring Wealth?...
A Conservative Teacher: US Gov: System of Looting and Transferring Wealth?...: Today on the Ed Schultz show Ed was interviewing some expert, and the two liberal Democrats agreed with one another that the problem with ou...
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