Issa is a joke being played upon the American people. He has been the head of that committee for nearly two years and has yet to accomplish a thing. Well actually he has managed to get a lot of face time on the tube, which is after all his entire agenda. He is trying to claim that the Attorney General, who has appeared before his committee a total of nine times, is stone walling and not cooperating. This charade is just more politically generated twaddle designed to confuse a disconnected public. It will resonate for a few days while the Congress pushes through the nearly trillion dollar farm bill padding the wallets of the well to do while cutting food assistance to the elderly, sick and the children of America. Misdirect is the working agenda of the GOP within the do-nothing Congress. Why, because it works on a disengaged public.

This man Issa only a couple of months ago stated that he believed that F & F was designed to create a crisis so the 2nd Amendment could be destroyed. And we are suppose to take this fellow seriously? Apparently far too many believe such rubbish. Shame on Issa and his ilk who’ve today stepped way over the line of reason, reality and into the twilight zone.

Let me get this straight. Issa was conviced of a misdemeanor unregistered gun possession charge and that has led him to go out on a crazy vendetta against Holder? … Amazing stuff Joe, amazing!

What’s the real issue?

Forget al-Qaida and the haqqani network. America’s worst enemy is Rep. Darrell Issa and his Republican colleagues.

It just shows who the real good guys are. Not everything that shine is gold. We the people better learn how to vote and to save our democracy from these facist GOP right wing who claims to be the true path to Americanism, but are only money hungry leaders to their party. That benefits from the ignorance of their people , who supports their party who think that they are being represented by their leaders who really representing themselves.
The 1% percent.

And Wouldn’t You Know It Bush Was The One Who Put This Act In Place!!!

Why does this administration care about enforcing gun laws so much, they don’t give a fu*k about enforcing immigration laws! With the latter costing us so very much more.

Comparing this administration to the 2001-2009 & it sounds like U voted conservative, it’s a no-brainer which performed superior, on behalf of the American people. So if I were U, I’d be careful about flinging around terms like “bloody” (Afghanistan debacle) & “butcher” (Iraq catastrophe), or challenging some 1 else’s IQ (i.e., the ‘lost/stolen’ 7-12 billion crazily sent by PLANE to Iraq, for ‘reconstruction’ purposes), when no great IQ rating is required to show the 2001-2009 administration was an utter failure! This administrations only failure was not completely separating itself from ALL the policies of that administration… oh yea, & the conservative Congress possessing a mindset of 1861 confederate southern America. & since U have all the answers, maybe U can wake them (Congress’s conservatives) out of their past-regression hallucinations…

The GOP has only one goal and that is to discredit Obama even at the expense of the US and its citizens.

Can anyone on the right explain to me how anyone with half a brain — not to mention two very bright people like Barack Obama and Eric Holder — would EVER have believed that “walking” 1,400 guns into Mexico (just under 3% of the 68,000 American guns the Mexican drug cartels were using) was going to make it possible to get serious gun control legislation through Congress…or to impose serious gun control by executive order? There’s NO way! It wouldn’t have happened! Even if every one of those 1,400 guns could be proven to have assassinated a Mexican or American politician, police officer, or border patrol agent, there would STILL be NO momentum for gun control legislation in the U.S. And as much as you hate Obama and Holder, you HAVE to be smart enough to recognize that they’re not stupid enough to think this insane paranoid delusion would have worked!

operative word….TRACK….this spin was needed…the faithful have looked badly…without talking points to obfuscate the facts…the Obama Administration was using this to make a false flag situation related to the 2nd Amendment…too bad they are the gang who cannot shoot straight with a leader who for a law student sure has proven he was a pretty face at Harvard…between Executive Privilege in a felony and Marbury vs Madison…he has definitely illustrated he has little retention from his school days

If anyone is over concerend with the death of the border patral agent in the execution of his duty, then what about all those that have died in IRAQ, another Bush FOLLY!

THANK YOU ERIC HOLDER – NOT ONE SINGLE BANK INDICTMENT DESPITE THE FOLLOWING:

We now know that in all but a scant few cases, the loan was (1) not documented properly in that it identified not the REMIC or the investor as the lender and creditor, but rather a naked straw-man that was a thinly capitalized or bankruptcy remote relationship and (2) the loan that was described in the documentation that the homeowner signed never occurred. The third thing, and the one I wish to elaborate on today, is that even if the note and mortgage were valid (i.e., referred to any actual transaction in which money exchanged hands between the parties to the agreements and documents that borrower signed) they never made it into the “pools” a/k/a REMICs, a/k/a Special Purpose Vehicle (SPV), a/k/a/ Trust (of which there were none according to my research).

The fact that the loan never made it into the pool is what caused all the robo-signing, fabrication of documents, fraudulent documents, forgeries, misrepresentations and corruption of both the title system and the court system. Because if the loan never made it into the pool, the investment banker and all the intermediaries that were used were depending upon a transaction that never took place at the level of the investor, to wit: the loan was not in the pool, the originator didn’t lend the money and therefore was not the lender, and the “mortgage” or “Deed of trust” was useless because it was the tail of a tiger that did not exist — an enforceable note. This left the pools empty and the loan from the Superfund of thousands of investors who thought they were in separate REMICS (b) subject to nothing more than a huge general partnership agreement.

But that left the note and mortgage unenforceable because it should have (a) disclosed the lender and (b) disclosed the terms of the loan known to the lender and the terms of the loan known to the borrower. They didn’t match. The answer was that those loans HAD to be in those pools and Judges HAD to be convinced that this was the case, so we ended up with all those assignments, allonges, endorsements, forgeries, improper notarizations etc. Most Judges were astute enough to understand that the documents were fabricated. But they felt that since the loan was valid, the note was real, the mortgage was enforceable, the issues of where the loan was amounted to internal bookkeeping and they were not about to deliver to borrowers a “free house.” In a nutshell, most Judges feel that they are not going to let the borrower off scott free just because a document was created or executed improperly.

What Judges did not realize is that they were adjudicating the rights of persons who were not in the room, not in the building, and in fact did not even know the city in which these proceedings were being prosecuted much less the fact that the proceedings even existed. The entry of an order presuming or stating that the loan was in fact in the pool was the Judge’s stamp of approval on a major breach of the Prospectus and pooling and servicing agreement. It forced bad loans down the throat of the investors when their agreement with the investment banker was quite the contrary. In the agreements the cut-off was 90 days after closing and required a fully performing mortgage that was originated utilizing industry standards for due diligence and underwriting. None of those things happened. And each time a Judge enters an order in favor of for example U.S. Bank, as trustee for JP Morgan Chase Bank Trust 1234, the Judge is adjudicating the essential deal between the investor and the investment banker, forcing the investor to accept bad loans at the wrong time.

Forcing the investors to accept bad loans into their pools, probably to the exclusion of the good loans, created a pot of s–t instead of a pot of gold. It isn’t that the investor was not owed money from the investment banker and that the money from the investment banker was supposed to come from borrowers. It is that the pool of actual money sidestepped the REMIC document structure and created a huge general partnership, the governance of which is unknown.

By sidestepping the securitization document structure and the agreements, terms, conditions and provisions therein, the investment banker was able, for his own purposes, to claim ownership of the loans for as long as it took to buy insurance making the investment banker the insured and payee. But the fact is that the investment banker was at all times in an agent/fiduciary relationship with the investor and ALL the proceeds of ALL insurance, Credit Default Swaps, guarantees, and credit enhancements were required to be applied FIRST to the obligation to the investor. In turn the investor, as the real creditor, would have reduced the amount due from the borrower on each residential loan. This means that the accounting from the Master Servicer is essential to knowing the actual amount due, if any, under the original transaction between the borrower and the investors.

When is the US going to stop giving guns to criminials. The Bush arm of the GoP/ NRA started this mess and AG Holder of the DNC ended it, thank goodness! Guns kill so stop giving, selling or what ever.

Fast and Furious was the continuation of a GoP/ Bush operation that armed drug cartels and undermined the Mexican government ability to keep people safe. Another operation that armed one side of a conflict to weaken bothsides and then try to control the outcome. When are we going to stop spending money on interfering with other conutries and mine our own business.

Joe Conason is a big dope. He is following the party line in attacking Issa, and clearly he is nothing more than a shill for the MSNBC haters. He ignores that Holder lied to congress, that is at the crux of this probe. He equates a Bush era operation, which was nothing like F&F, in order to find some kind of guilt by association. Consason is truly lacking in any seriousness.