[Hat tip: Chicago Daily Observer]
Don brought out the fact that Emmanuel was sitting on the Fannie Board when the housing crisis occurred, and why isn't anyone asking Emmanuel about the financial shenanigans that occurred on his watch. Roma then mentioned that David's wife, Beth Wilkinson, was Senior counsel at Fannie/Freddie. David Gregory took exception to the implication that his wife, Beth Wilkinson, had a role in the Housing Crisis while working at Fannie Mae.
Don and Roma's point was well taken: do Gregory's loyalties lie with running cover for the Obama Administration or are they with reporting the news?
Well Gregory's answer make it obvious that his loyalties are with Obama, Chris Dodd and Barney Frank.
Gregory's wife served as Fannie Mae's executive vice president, general counsel and corporate secretary from February 2006 until September 2008. She resigned in September of 2008 and soon after Fannie and Freddie became Government Sponsored Entities after accounting frauds came to light.
The problem with this is that it is now a fact that the leadership at Fannie Mae were committing fraud on an epic scale. Profit targets were being invented, falsified, in order for the board and managers to receive salary bonuses.
And here we are 3 years later and not ONE congressional oversight committee has examined the criminal activities at Fannie and Freddie.
No wonder nobody watches Meet the Press. It should be called Meet the Editorializing Neo-Leftists with David Gregory.
And to show you how truly dumb this guy is, just look at his back and forth with Herman Cain on Sunday's show: [Hat tip: Power line blog]
|MR. GREGORY: The other defect in the plan comes from fellow conservatives who say, “You’ve got some problems here.” … “The real political defect,” the Journal writes, “of the Cain plan is that it imposes a new national sales tax while maintaining the income tax. … A 9 percent rate when combined with state and local levies would mean a tax on goods of 17 percent or more in many places. The cries for exemptions would be great.”|
MR. CAIN: Don’t combine it with state taxes. This doesn’t address state taxes. If you add them together, yes, you’ll get that number. This is a replacement structure. These are replacement taxes. They’re not on top of anything.
MR. GREGORY: Mm-hmm.
MR. CAIN: We replace capital gains tax. We replace the payroll tax. We replace corporate income tax, replace personal income tax, and replace the death tax. It is a replacement tax structure.
MR. GREGORY: But where do state taxes go? You’re saying they’re going to be repealed?
MR. CAIN: If you–with the current structure, you have state taxes, right? So with this new structure, you’re still going to have taxes–state taxes. That is muddying the water.
MR. GREGORY: How so?
MR. CAIN: Because today, under the current tax code, state taxes are there if they have it. If they don’t have a state taxes, they don’t have it. It has nothing to do with this replacement structure for the federal tax code.
MR. GREGORY: But that doesn’t make any sense to me. If I’m already paying state taxes, and I have a new Cain administration national sales tax, I’ve got more state taxes.
MR. CAIN: No you don’t.
MR. GREGORY: How so?
MR. CAIN: David, David.
MR. GREGORY: You’re not saying they’re going away.
MR. CAIN: Your state taxes are the same. Your federal taxes, in most cases, are going to go down. That’s muddying the water.
MR. GREGORY: The Wall Street Journal says you have one on top of the other. There’s a combined levy.
MR. CAIN: That is not correct, David.
MR. GREGORY: Right.
MR. CAIN: Let’s try this one more time. State taxes are there today. The current tax code is a 10 million word mess. You have probably 100–you have thousands of loopholes and tricks and what I call “sneak attaxes” in the current code. State taxes today, whatever they are, zero or some number, has nothing to do with replacing the tax code. Nothing.
Gregory's allegiance to his ideology, and The One, were never more in effect as when he said this to Les Holt: [Hat tip: Newsbusters]
|Appearing on Sunday's NBC Today, Meet the Press host David Gregory proclaimed that the Occupy Wall Street protests would "...dovetail nicely into a big message that the President's selling, which is that the wealthy should pay more....that banner of going after Wall Street and the banks, talking about unfairness that a lot of protesters that are complaining about." Gregory's observation was prompted by co-host Lester Holt wondering: "...the protesters are calling for the wealthy to pay for more taxes. Should we look for the Obama campaign to embrace that message as it – as it takes the stretch to November?" Gregory went on to declare: "I think the President's in a mode right now where he'd like to get out in front of this parade and really harness some of this energy."|
It's a damn shame that people like Gregory are regularly pushed out front and run these shows. His agenda is clear, he's a loyal Democrat who will always carry the water for the Democrats. He's no different than Chris Matthews, Rachel Maddow or Anderson Cooper.
Well I'd say, to be fair, Gregory is dumber than Matthews - and THAT'S pretty dumb.