IF YOU TRUST ANYONE IN OUR GOVERNMENT, YOU ARE JUST PLAIN STUPID! Holder’s Mortgage Fraud Whopper AUGUST 12, 2013 BY BREAKING NEWS 5 COMMENTS inShare 6 Eric Holder official portrait SC Holders Mortgage Fraud Whopper Bloomberg News provides the latest evidence that the Obama Administration cannot be trusted to report on itself honestly: The Justice Department made a long-overdue disclosure late Friday: Last year when U.S. Attorney General Eric Holder boasted about the successes that a high-profile task force racked up pursuing mortgage fraud, the numbers he trumpeted were grossly overstated. We’re not talking small differences here. Originally the Justice Department said 530 people were charged criminally as part of a year-long initiative by the multi-agency Mortgage Fraud Working Group. It now says the actual figure was 107 — or 80 percent less. Holder originally said the defendants had victimized more than 73,000 American homeowners. That number was revised to 17,185, while estimates of homeowner losses associated with the frauds dropped to $95 million from $1 billion. Wow, so Holder fudged his numbers by 80 to 1,000 percent! That’s quite a “mistake.” Why did it take so long for the Administration to discover and report on this amazing order-of-magnitude error? Well, they didn’t. The only came clean because they got caught lying: The government restated the statistics because it got caught red-handed by a couple of nosy reporters. Last October, two days after Holder first publicized the numbers, Phil Mattingly and Tom Schoenberg of Bloomberg News broke the story that some of the cases included in the Justice Department’s tally occurred before the initiative began in October 2011. At least one was filed more than two years before President Barack Obama took office. The author of the Bloomberg article, Jonathan Weil, goes on to recount his lengthy pursuit of the truth against stonewalling Justice Department representatives. He wanted a list of the offenders in the mortgage fraud case, so he could investigate them himself. He got a lot of “hang in there, any day now” responses, but the list never came. Read More at Human Events . By John Hayward.
Posted on: Tue, 13 Aug 2013 21:17:13 +0000
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