April
23 , 2009
Dianne Feinstein - Another Pig at the Trough
Feinstein,
the slightly smarter of the two dopey democrat US senators from California, introduced
legislation to route $25 billion of taxpayer money to the insolvent Federal Deposit
Insurance Corporation (FDIC). While democrats are known for spending massive amounts
of money that doesn't belong to them, they are also known for criminal activity.
Feinstein is no different.
However, what made this legislation from Feinstein
unusual is that she does not sit on the committee of the Senate Committee on Banking,
Housing and Urban Affairs. That's the committee that has jurisdiction over the
FDIC. The FDIC is supposed to operate from money from bank-paid insurance payments;
not taxpayer money.
As mentioned, the FDIC is virtually insolvent. It was run
into the ground and looted by the democrats and their corrupt policies. Now, Feinstein
is attempting to keep it propped up with your money, but there's more to the story.
Feinstein
had sent a letter to the FDIC last October offering to help them with their money
woes. Just days after that offer, the FDIC awarded a contract to sell foreclosed
properties that it had inherited from failed banks to the commercial real estate
firm of CB Richard Ellis Group. Feinstein's husband, Richard Blum, is the Chairman
of that real estate company.
Of course, Feinstein denies that there is any connection
between her offer to the FDIC and the FDIC awarding such a lucrative contract
to her husband's company. Why Feinstein didn't even know about the deal between
the FDIC and her husband's company. It was all coincidence; even though Feinstein
isn't even supposed to legislate such a deal.
Gee, Feinstein, your husband is
chairman of a commercial real estate company that has business dealings with the
government and you are writing legislation for the FDIC which depends upon real
estate deals. Did you even think to ask your husband, if there may be a conflict
of interest? No, you conspired with him to steal taxpayer money. You're not that
stupid and ignorant. If you are, then you should resign.
This is just another
example of a democrat looting the taxpayers for as much money as possible before
the entire American economy collapses.