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Archive for March 1st, 2012

share save 120 16 CA 25: Was Rep. Buck McKeons Sweet Deal With Countrywide Financial a Bribe?
Last Friday at the California Republican Party’s spring convention in Burlingame, CA, Republic Report caught up with Congressman Darrell Issa (R-CA), who has been leading the investigation into the massive Countrywide bribery scandal.

You remember the Flap and Rep. Darrel Issa’s involvement.

A leak to the media that identified three Republicans who are being investigated by the House Ethics Committee has lawmakers and staffers wondering who the source is, and his or her motive.

There are many theories on who, over a four-day period, forked over the names of GOP Reps. Pete Sessions (Texas), Buck McKeon (Calif.) and Elton Gallegly (Calif.) to media outlets in reference to an ongoing investigation into VIP loans given to lawmakers by Countrywide.

The leaks stunned the three legislators, who have all denied accepting special rates on the loans in exchange for political favors.

Some are pointing the finger at House Oversight and Government Reform Chairman Darrell Issa (R-Calif.) for releasing the publicly sensitive information, though his office is pushing back at that notion.

And, you remember the details of the sweetheart deal Rep. Buck McKeon received which I covered here.

Four years after Countrywide Financial became a symbol of the mortgage meltdown, the company and its questionable dealings have become a potent political issue in the Santa Clarita congressional district held by Republican Howard “Buck” McKeon.

Congressional investigators allege that McKeon and Rep. Elton Gallegly, a Republican colleague whose neighboring district includes much of Ventura County, got cut-rate home loans under a Countrywide VIP program known as “Friends of Angelo,” named for the now-defunct Calabasas lender’s former chief executive, Angelo Mozilo.

McKeon received a $315,000 mortgage refinance in 1998 as his family-owned business, Howard & Phil’s Western Wear, was going through a Chapter 11 bankruptcy, according to documents reviewed by The Times. McKeon was no longer involved in the daily operation of the business after his 1992 election to Congress, but he had retained a stake in it. He saw his income plummet in the years before refinancing his Stevenson Ranch home, financial disclosures and bankruptcy filings show.

In spite of that, McKeon received a favorable rate and wasn’t required to produce documentation proving he could repay the mortgage — terms ordered by Mozilo himself, according to documents subpoenaed for a House inquiry.

The McKeons bought the Stevenson Ranch property, a foreclosed home, in August 1997 for $261,000, putting down 10% and getting a loan of $234,900, property records show. In January 1998, they took out a home equity loan of $31,500 through Valencia National Bank, where McKeon had previously sat on the board.

That October, Countrywide approved the $315,000 refinance loan. The loan paid off McKeon’s original mortgage loan and the home equity loan and gave him $46,894 in cash.

Five months later, the couple took out another home equity loan through Valencia, in the amount of $30,000.

Clearly, there was an attempt by Countrywide Financial to influence Rep Buck McKeon and the others. But, why is Rep. Issa refusing to call it a bribe?

Why, because, silly, they are Republicans and they were caught with their hand in the cookie jar.

As I pointed out yesterday, this involvement of Rep Buck McKeon and his California Assembly candidate wife, Patricia McKeon in the Friends of Angelo Mozilo, Countrywide Financial scandal will be used in both McKeon’s upcoming campaigns.

share save 120 16 CA 25: Was Rep. Buck McKeons Sweet Deal With Countrywide Financial a Bribe?
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share save 120 16 The Morning Flap: March 1, 2012

Breitbart The Morning Flap: March 1, 2012

These are my links for February 29th through March 1st:

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share save 120 16 Recruiters Solicit Young Patients for Texas Medicaid Dentists Outside Food Stamp Offices
Texas Dental Medicaid Recruiters Recruiters Solicit Young Patients for Texas Medicaid Dentists Outside Food Stamp Offices

Texas Dental Medicaid Office

Welfare dentistry medicaid is big business in Texas. And, while it violates Texas state law, recruiters are actively seeking young patients for Texas dentists at Food Stamp Offices.

Thousands of kids get free dental care under Medicaid in Texas. Texas taxpayers foot the bill, including putting crowns on the teeth of toddlers who don’t yet have their permanent teeth.

A News 8 investigation finds that some dentists want that Medicaid business so badly, they hire recruiters to bring in patients.

At a Texas Health and Human Services Office on Masters Road near Dallas, a man quietly stands in the parking lot, waiting for mothers who’ve just received food stamps to emerge from the waiting room.

He is a recruiter. He’s handing out cards for Happy Teeth Dental, just two doors down in the same complex.

At another HHS office across town, two women also wait for new food stamp recipients. They’re handing out cards for Lancaster Dental a few miles away.

And at another HHS office just up the road, Bear Creek Family Dentistry has a small kiosk set up to recruit new patients.

Medicaid parents are regularly solicited by dentists offering free stuff — such as iPods, zoo tickets, and electric toothbrushes — if they take their kids to certain dentists.

It is a little-seen side of Medicaid dentistry, a $1.5 billion business in Texas, where, statistics show, welfare and unregulated free enterprise come together like nowhere else in the United States.

Watch the video expose which is embedded below:


All I can say is wow!

There needs to be some action on the part of the Texas Dental Board to enforce the anti-solicitation law and from the Feds to cut off the spigot of taxpayer money flowing to these dentists.

I know the United States Senate is investigating dentistry medicaid across the country. But, the abuses are rampant and this is before new federal funds will be doled out under ObamaCare’s Affordable Care Act.

Hold on to your wallets taxpayers!

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share save 120 16 Day By Day March 1, 2012   Hot
Day By Day 030112 Day By Day March 1, 2012   Hot

Day By Day by Chris Muir

In today’s public school system, education is like a box of chocolates…
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share save 120 16 In Memorium: Andrew Breitbart   R.I.P.
Andrew Breitbart In Memorium: Andrew Breitbart   R.I.P.

Andrew Breitbart was very young and will be missed.

Andrew passed away unexpectedly from natural causes shortly after midnight this morning in Los Angeles.

We have lost a husband, a father, a son, a brother, a dear friend, a patriot and a happy warrior.

Andrew lived boldly, so that we more timid souls would dare to live freely and fully, and fight for the fragile liberty he showed us how to love.

May he rest in peace.

share save 120 16 In Memorium: Andrew Breitbart   R.I.P.
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