Post #319 The Three Men Who Brought Down Wall Street (E-Mail Hoax)

I have an e-pal who consistently sends out-of-date political smears -- the funniest I've gotten was clearly aimed at President Bill Clinton over 10 years ago (complete with a reference to Obama and his wife Hillary).

And I got another one the other day -- The Three Men Who Brought Down Wall Street -- intended to smear President Barack Obama's re-election bid. The original went around in September of 2008 intended to smear Obama's election bid, and now it is popping up again to smear Obama's re-election bid.

The three men who brought down Wall Street -- really? These three men -- Franklin Raines, Tim Howard, Jim Johnson -- did indeed work for Fannie Mae and left office under a cloud for having done some hijinks and shady stuff and received 'golden parachutes' to go. Um, they were forced out in 2004, 2004 and 1998. The e-mail did not make clear how they were responsible for the meltdown in 2008.

Um, 2004 -- was not George W. Bush President then?

The kicker was that these three men were identified as being economic advisors to the Obama campaign, but that is not true. Raines did receive a phone call from the campaign, and Johnson was appointed to the Vice-Presidential search committee but resigned one week later before doing any work. And now these three are again being identified as Obama's financial advisors. * sigh *

An UPDATE: Raines is paying the biggest fine in history levied by Obama's Department Of Justice in 2010.