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April 23 , 2009

Dianne Feinstein - Another Pig at the Trough
Dianne FeinsteinFeinstein, 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.

TLG

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