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Feb. 8, 2013

Rabbi Berel Wein: Lofty ideals must be followed with grounded applications

Clifford D. May: Letter from the West Bank
Steve Rothaus: Judge OKs plan for gay man, lesbian couple to be on girl's birth certificate
Gloria Goodale: States consider drone bans: Overreaction or crucial for privacy rights?
Environmental Nutrition Editors: Don't buy the aloe vera juice hype
Michael Craig Miller, M.D.: Harvard Experts: Regular exercise pumps up memory, too
Erik Lacitis: Vanity plates: Some take too much license
The Kosher Gourmet by Susie Middleton: Broccoflower, Carrot and Leek Ragout with Thyme, Orange and Tapenade is a delightful and satisfying melange of veggies, herbs and aromatics
Feb. 6, 2013

Nara Schoenberg: The other in-law problem

Frank J. Gaffney Jr. : A see-no-jihadist for the CIA
Kristen Chick: Ahmadinejad visits Cairo: How sect tempers Islamist ties between Egypt, Iran
Roger Simon: Ed Koch's lucky corner
Heron Marquez Estrada: Robot-building sports on a roll
Patrick G. Dean, M.D.: Mayo Clinic Medical Edge: How to restore body's ability to secrete insulin
Sharon Palmer, R.D.: 3 prostate-protecting diet tips
The Kosher Gourmet by Emma Christensen 7 principles for to help you make the best soup ever in a slow cooker
Feb. 4, 2013

Jonathan Tobin: Can Jewish Groups Speak Out on Hagel?

David Wren: Findings of government study, released 3 days before Newtown shooting, at odds with gun-control crusaders
Kristen Chick: Tahrir becomes terrifying, tainted
Curtis Tate and Greg Gordon: US keeps building new highways while letting old ones crumble
David G. Savage: Supreme Court to hear case on arrests, DNA
Harvard Health Letters: Neck and shoulder pain? Know what it means and what to do
Andrea N. Giancoli, M.P.H., R.D.: Eat your way to preventing age-related muscle loss
The Kosher Gourmet by Diane Rossen Worthington Baked Pears in Red Wine and Port Wine Glaze: A festive winter dessert
Feb. 1, 2013

Rabbi Dr. Tzvi Hersh Weinreb: Redemption

Clifford D. May Home, bloody, home
Christa Case Bryant andNicholas Blanford Why despite Syria's allies warning of retaliation for Israeli airstrikes, the threats are likely hollow
Rick Armon, Ed Meyer and Phil Trexler Ex-police captain cleared by DNA test is freed after nearly 15 years
Harvard Health Letters: Could it by your thyroid?
Sharon Palmer, R.D.: When 'healthy food' isn't
Sue Zeidler: Coke ad racist? Arab-American groups want to yank Super Bowl ad (INCLUDES VIDEO)
The Kosher Gourmet by Nealey Dozier The secret of this soup is the garnish
January 30, 2013

Allan Chernoff: Celebrating 'Back from the Dead Day'

America isn't a religious country? Don't tell Superbowl fans!
Mark Clayton Cybercrime takedown!
Germany remembers Hitler rise to power
Israel salutes U. N. --- with the one finger salute
Sharon Palmer, R.D.: Get cookin' with heart-healthy fats
Ballot riles Guinness World Records
The Kosher Gourmet by Elizabeth Passarella Potato, Squash and Goat Cheese Gratin
January 28, 2013

Nancy Youssef: And Democracy for all? Two years on, Egypt remains in state of chaos

Fred Weir: Putin: West is fomenting jihadi 'blowback'
Meredith Cohn: Implantable pain disk may help those with cancer
Michael Craig Miller, M.D. : Ask the Harvard Experts: Are there drugs to help control binge eating?
David Ovalle Use of controversial 'brain mapping' technology stymied
Jane Stancill: Professor's logic class has 180,000 friends
David Clark Scott Lego Racism?
The Kosher Gourmet by Mario Batali The celebrated chef introduces us to PANZEROTTI PUGLIESI, cheese-stuffed pastry from Italy's south


Jewish World Review Nov 18, 2011 / 21 Mar-Cheshvan, 5772

Newt and Freddie Mac

By Dick Morris And Eileen McGann


Printer Friendly Version



http://www.JewishWorldReview.com | Now that Newt's candidacy is rising to the top, expect the brickbats to be aimed at his head. The first to fly is the charge that he was paid off by Freddie Mac to do their bidding as the company, in concert with Fannie Mae, flooded the world with funny money mortgages and brought on the global collapse of 2008.


According to Bloomberg News, Newt got between $1.6 and $1.8 million in consulting fees from Freddie Mac over eight years - about $17,000 per month - a not unusual fee these days.


Newt's consulting agreement specified that he would not lobby and the bylaws of his consulting firm bar lobbying by any of its employees. So if he didn't lobby what did he do for the money?


Bear in mind that F and F were paying off everybody they could find. Jim Johnson, Mondale's manager, Jamie Gorelick, Clinton's Deputy AG, Rahm Emanuel, and dozens of others made a mint in consulting fees. Newt was not unique.


Doubtless Freddie hired him to show that it was not an arm of the Democratic Party and to buy some credibility on the right. His contract started after he left office and there is no evidence that he brought any concrete influence to bear on Freddie's behalf.


But this scrutiny gives Newt an incredible opportunity. He can produce memos and e mails that show that he warned Freddie about its mortgage policies. In one of the presidential debates, Newt said that he warned Freddie that they were "creating a bubble" that would burst and have enormous implications when it did.


If Newt can show that he sounded the alarm and had the wisdom and foresight to raise hell about the mortgages, he can put himself in much rarified company. To be exact: alone. Nobody else had that kind of foresight.


This scandal can either hurt or help. But if Newt used his contacts at Freddie to warn them and to try to change the Titanic's course before it hit the iceberg, it could be a good credential for his candidacy.

=<<

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