Yet Another Clinton Administration Official Faces Ethical Charges

Franklin Raines, who was Clinton's Director of the federal Office of Management and Budget has been sued by the federal government for his part in looting the Federal National Mortgage Association (aka Fannie Mae) of more than $91 million that was improperly earned while running the company.

The civil charges filed yesterday by the Office of Federal Housing Enterprise Oversight against the former Clinton budget director, Franklin Raines, and other executives of the Federal National Mortgage Association, say they operated Fannie Mae "in an unsafe and unsound manner," and showered themselves with "unjustified bonuses."
The charges, which allege the misapplication of almost two dozen accepted principles of accounting, come two years after the executives were forced out of Fannie Mae amid disclosures of a multibillion dollar accounting scandal that roiled Capitol Hill and the mortgage industry.

This is par for the course for the members of the ethically challenged Clinton Administration. Not only Bill and Hillary, but also Webster Hubbell, Henry Cisneros, Alexis Herman, Mike Espy, Ron Brown, Andrew Cuomo, and many, many other high-ranking officials were guilty of ethical misconduct.

Some more of the ugly facts coming out of the Fannie Mae investigation:

" Mr. Raines, Mr. Howard and Ms. Spencer knowingly and … recklessly engaged in misconduct and safety and soundness violations that caused substantial and … material harm and loss," the oversight office said in a statement. "Such harm was the result of a pattern of misconduct, encompassing both the individual and collective action of these individuals."
The regulators' report last spring accuses the executives of manipulating quarterly earning targets in order to reap large multimillion-dollar bonuses they didn't deserve.

What amazes me is that some people are seriously thinking of Hillary as a credible presidential candidate. She was part of the most corrupt administration in history, and was involved in the corruption up to her neck, especially with regards to the pardons that Bill gave out at the end of his term.

Why are the Democrats so willing to look the other way at such malfeasance? Surely they can find politicians who support the same issues that they do, yet are not so corrupt as the Clintons and their cadre. The mind boggles.