"ALL CAPS IN DEFENSE OF LIBERTY IS NO VICE."

Thursday, December 23, 2004

FANNIE MAE WHISTLEBLOWER... a true hero

The "$9 BILLION Fannie Mae accounting scandal" whistleblower was a Clinton appointee - Armando Falcon.


Makes me wonder: IS THIS WHY HE WAS APPOINTED BY CLINTON? DID CLINTON THINK HE WOULD BE TOO INCOMPETENT TO CATCH HIS CRONIES THIEVERY?

Like the Sean Connery character in the much underrated SCI-FI flick OUTLAND - a seemingly incompetent investigator sent to a mining satellite where there have been a series of murders (which his bosses actually do NOT want solved) - Falcon proved them wrong; he was up to the challenge.


How this moribund regulatory agency [Ofheo] - which members of Congress were trying to strip of its powers as recently as last spring - transformed itself into a powerhouse that could force so consummate a politician and businessman as Mr. Raines to back down is a testament, several observers in Washington said, to the perseverance of Mr. Falcon, a soft-spoken and often underestimated 44-year-old lawyer. "This is not a crusader," said Stanley Sporkin, the former head of enforcement at the Securities and Exchange Commission, who has advised Mr. Falcon in recent months. "This is a very, very deliberate, decent, focused person, who once he makes a decision, he carries it out; he does not vacillate. [my emphasis - kinda sounds like our president, doesn't it? ...] Mr. Falcon's future is unclear: his appointment at Ofheo [the oversight agency] expired in October and he has said that he intends only to remain until his successor, who must be nominated by President Bush, is confirmed. But even among some of his critics, Mr. Falcon has now earned a new measure of respect. "He has been powerfully vindicated," Mr. Ely said."
INDEED.

The last words of the "misunderestimated" Connery character in OUTLAND are two of the best words in the English language: "JOB DONE." They're especially sweet when you got the job is done when no one expected you to. As Falcon did. Unlike the character in OUTLAND, Falcon is a REAL hero. God Bless him.

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