Incompetent failure being considered for FBI's top job?

[yota5]

Incompetent failure being considered for FBI’s top job?

Thursday, Mar 24, 2011 at 11:45 AM EDT

Who is on President Obama’s shortlist to lead the FBI? Jamie Gorelick, who installed the wall of separation between the FBI and the CIA in regards to sharing information. Glenn had the story on radio.

“Guess who is going to be ‑‑ who they’re trying to appoint as the new head of the FBI? This will drive you nuts. This has got to be one of the biggest sticks in the ice to every single FBI agent in the country,” Glenn said.

“It’s Jamie Gorelick,” Pat explained.

“Most people are saying, why do I know Jamie Gorelick? That sounds familiar,” Glenn said.

“It sure does. You know her from the Clinton years and from the 9/11 commission hearings. She is the one who installed the wall of separation between the FBI and the CIA so that they couldn’t share information back and forth,” Pat explained.

“She was the one that after 9/11, she was really humiliated,” Glenn added.

Pat said that after 9/11 she was demanding answers during the 9/11 commission hearings, she was demanding answers and everyone was saying it was partly due to policies she helped put in place.

“She is the one that tied the hands of the FBI and the CIA and they put that wall up that people couldn’t talk to each other that helped the 9/11 hijacking take place,” Glenn said.

Incompetent failure being considered for FBI’s top job? – Glenn Beck

Libro-communists are hard at work in the White House to destroy our society.

 

[waltky]

Don't think this is someone who needs to head up the FBI...

Former Clinton Official Paid $26 Million by Fannie Mae Before Taxpayer Bailout Now on Obama Shortlist to Run FBI
Wednesday, March 23, 2011 – Jamie Gorelick, a former Clinton administration official who reportedly has made the Obama administration's short list to become the next director of the Federal Bureau of Investigation (FBI), was paid more than $26 million in total compensation as a top executive at Fannie Mae--before taxpayers had to bail out the mortgage giant.

Gorelick, who left the Clinton Justice Department in 1997 to work for Fannie Mae CEO Franklin Raines, was paid $26,466,834 in salary, bonuses, performance pay and stock options from 1998 to 2003, according to the Report of the Special Examination of Fannie Mae (2006), conducted by the Office of Federal Housing Enterprise Oversight. Gorelick served as vice chairman of the Federal National Mortgage Association (Fannie Mae) when the government-sponsored enterprise was bundling subprime loans into securitized financial instruments. Prior to that, she served as deputy attorney general in the Clinton Justice Department under then-Attorney General Janet Reno from 1994 to 1997. Raines had served as Clinton's budget director before assuming the top post at Fannie Mae.

In 2001, Gorelick announced that Fannie was buying subprime loans encouraged by the Community Reinvestment Act (CRA) and bundling them as securitized financial instruments. Securities made from bundles of guaranteed mortgages were to contribute to the banking crisis later in the decade. “Fannie Mae will buy CRA loans from lenders' portfolios; we'll package them into securities; we'll purchase CRA mortgages at the point of origination; and we'll create customized CRA-targeted securities,” she said in 2001. “This expanded approach has improved liquidity in the secondary market for CRA product, and has helped our lenders leverage even more CRA lending. Lenders now have the flexibility to use their own, customized loan products.”

In remarks before the American Bankers Association on Oct. 30, 2000, Gorelick explicitly how the procress would work and what Fannie Mae would do to make it feasible for banks to lend to low-income applicants. “We will take CRA loans off your hands--we will buy them from your portfolios, or package them into securities--so you have fresh cash to make more CRA loans,” she said. “Some people have assumed we don't buy tough loans. Let me correct that misimpression right now. We want your CRA loans because they help us meet our housing goals.”

By 2008, securities containing subprime loans were causing problems for financial institutions that had them on their balance sheets. Ultimately the federal government bailed out banks with the Troubled Asset Relief Program (TARP). Fannie and Freddie were taken under direct conservatorship by the federal government when Congress passed the Housing and Economic Recovery Act of 2008. In exchange for injecting $100 billion of liquidity into each government-sponsored enterprise, the government took an ownership stake of 79 percent in each, leaving the taxpayer with an unknown liability dependent upon future performance. Gorelick left Fannie Mae in 2003. Gorelick was named in a story in the Wall Street Journal as someone being considered for nomination as the next FBI director.

MORE

 

[yota5]

It is amazing just how many incompetents that Obama, has surrounded himself with.

One of the penalties of not participating in politics is that you'll be governed by your inferiors......(Plato) One only needs to look at the White House to test the veracity of that statement.

 

[onecut39]

Incompetent failure being considered for FBI’s top job?

Thursday, Mar 24, 2011 at 11:45 AM EDT

Who is on President Obama’s shortlist to lead the FBI? Jamie Gorelick, who installed the wall of separation between the FBI and the CIA in regards to sharing information. Glenn had the story on radio.

“Guess who is going to be ‑‑ who they’re trying to appoint as the new head of the FBI? This will drive you nuts. This has got to be one of the biggest sticks in the ice to every single FBI agent in the country,” Glenn said.

“It’s Jamie Gorelick,” Pat explained.

“Most people are saying, why do I know Jamie Gorelick? That sounds familiar,” Glenn said.

“It sure does. You know her from the Clinton years and from the 9/11 commission hearings. She is the one who installed the wall of separation between the FBI and the CIA so that they couldn’t share information back and forth,” Pat explained.

“She was the one that after 9/11, she was really humiliated,” Glenn added.

Pat said that after 9/11 she was demanding answers during the 9/11 commission hearings, she was demanding answers and everyone was saying it was partly due to policies she helped put in place.

“She is the one that tied the hands of the FBI and the CIA and they put that wall up that people couldn’t talk to each other that helped the 9/11 hijacking take place,” Glenn said.

Incompetent failure being considered for FBI’s top job? – Glenn Beck

Libro-communists are hard at work in the White House to destroy our society.

Is there such a thing as a competent failure?

 

[yota5]

"Is there such a thing as a competent failure?" (onecut39)

You have a point.

 

[Trajan]

before we get wound up, I googled;

Jamie Gorelick to be nominated for fbi chief?

no hits from any news source that says she is being considered, this could just be a beltway rumor.....

 

[WillowTree]

before we get wound up, I googled;

Jamie Gorelick to be nominated for fbi chief?

no hits from any news source that says she is being considered, this could just be a beltway rumor.....

O'Reilly had it on the other night.

 

[yota5]

It was on Beck, Cavuto, and Shepard Smith as well. The liberal polit bureau doesn't report on issues that may prove controversial for Dem. party.

 

[theDoctorisIn]

It was on Beck, Cavuto, and Shepard Smith as well. The liberal polit bureau doesn't report on issues that may prove controversial for Dem. party.

When you make statements like that, you lose all credibility.

2 Bush officials on short list to head FBI - Politics - More politics - msnbc.com

Here's an article with the short list, from the MSM. Her name is on the list, along with 2 Bush appointees, and the current deputy director.

Beck, Cavuto, and Shepard Smith only report things that "may prove controversial" for Obama, but there are plenty of other people on the short list.

 

[bucs90]

Well, after he began forcing local PD's to lower standards to help more blacks pass the tests, it's only logical that we get a female or minority to lead the FBI, despite a failure of a background.

 

[whitehall]

A pair that beats a full house. An incompetent fool as FBI director and a political democrat hack running the CIA.

 

[Trajan]

It was on Beck, Cavuto, and Shepard Smith as well. The liberal polit bureau doesn't report on issues that may prove controversial for Dem. party.

When you make statements like that, you lose all credibility.

2 Bush officials on short list to head FBI - Politics - More politics - msnbc.com

Here's an article with the short list, from the MSM. Her name is on the list, along with 2 Bush appointees, and the current deputy director.

Beck, Cavuto, and Shepard Smith only report things that "may prove controversial" for Obama, but there are plenty of other people on the short list.

so, you don't think Goerlick has baggage, dem rep libertarian whatever?

 

[Liability]

If the Incompetent in Chief nominates that bird brain, Gorelick, for the FBI Directorship, not only should the fucking nomination get filibustered (it was the Modus operandi of the Democratics when President Bush was in Office, so of course they wouldn't dare complain about that misuse of the Senate procedural tool, now) and shut down and defeated, but -- the very suggestion by President Obama SHOULD serve to motivate people to impeach that incredibly ineffectual imbecile.

 

[theDoctorisIn]

It was on Beck, Cavuto, and Shepard Smith as well. The liberal polit bureau doesn't report on issues that may prove controversial for Dem. party.

When you make statements like that, you lose all credibility.

2 Bush officials on short list to head FBI - Politics - More politics - msnbc.com

Here's an article with the short list, from the MSM. Her name is on the list, along with 2 Bush appointees, and the current deputy director.

Beck, Cavuto, and Shepard Smith only report things that "may prove controversial" for Obama, but there are plenty of other people on the short list.

so, you don't think Goerlick has baggage, dem rep libertarian whatever?

Of course she does. She certainly wouldn't be my choice.

I was commenting more on the mindless "mainstream media" claims.

The point is there's no reason to think that anyone's really considering her, aside from talk radio hearsay. She's on the short list, but so are a bunch of other people.

 

[washamericom]

what a shame that there aren't more janet napolitanos to go around.