Mayrant&rave

U.S. Attorney General Holder chats with Assistant Attorney General Breuer before their testimony on the second day of the Financial Crisis Inquiry Commission hearing on Capitol Hill in Washington

Holder, Breuer connected to players in foreclosure fraud?

by Ed Morrissey at  Hot Air – 01/20/2012

For years, the Left has asked why the Obama administration hasn’t pursued prosecutions against lenders who arguably engaged in fraud when foreclosing on mortgages in the wake of the housing-bubble collapse.  It turns out that these lenders had friends in high places in the Department of Justice.  Reuters reports that both Attorney General Eric Holder and his lieutenant Lanny Breuer, who ran the DoJ’s criminal division, were partners in a law firm that worked on behalf of those very same firms (via JWF’s Just A Grunt):

U.S. Attorney General Eric Holder and Lanny Breuer, head of the Justice Department’s criminal division, were partners for years at a Washington law firm that represented a Who’s Who of big banks and other companies at the center of alleged foreclosure fraud, a Reuters inquiry shows.

The firm, Covington & Burling, is one of Washington’s biggest white shoe law firms. Law professors and other federal ethics experts said that federal conflict of interest rules required Holder and Breuer to recuse themselves from any Justice Department decisions relating to law firm clients they personally had done work for.

Both the Justice Department and Covington declined to say if either official had personally worked on matters for the big mortgage industry clients. Justice Department spokeswoman Tracy Schmaler said Holder and Breuer had complied fully with conflict of interest regulations, but she declined to say if they had recused themselves from any matters related to the former clients.

Holder and Breuer aren’t alone.  Reuters lists a couple more former Covingtom & Burling associates at the DoJ that have since returned to their law practice, including Holder’s deputy chief of staff John Garland and Breuer’s deputy chief of staff Steven Fagell.  The law firm itself lists almost two dozen former attorneys now working in the DoJ and another dozen in US Attorney offices around the country.  That’s quite an impressive footprint of influence for Covington & Burling, and a valuable one for its clientele.

It’s not as if the fraud was particularly esoteric, either.  Reuters began its own reporting on massive numbers of forged endorsements, part of the robo-signing scandal that halted foreclosure processing for more than a year.  Those forgeries got submitted to courts on many occasions as part of the foreclosure process.  Despite this, Holder has done nothing — at least publicly — to press an investigation into these forgeries, and as Reuters reports today, more are on their way:

Recent calls for a wide-ranging criminal investigation of the mortgage servicing industry have come from members of Congress, including Senator Maria Cantwell, D-Wash., state officials, and county clerks. In recent months clerks from around the country have examined mortgage and foreclosure records filed with them and reported finding high percentages of apparently fraudulent documents.

On Wednesday, John O’Brien Jr., register of deeds in Salem, Mass., announced that he had sent 31,897 allegedly fraudulent foreclosure-related documents to Holder. O’Brien said he asked for a criminal investigation of servicers and their law firms that had filed the documents because they “show a pattern of fraud,” forgery and false notarizations.

I suspect this information will animate the Left against Holder much more than Operation Fast & Furious, but both need extensive investigation.  Perhaps this will be the straw that broke the camel’s back and convinces Barack Obama to get a new Attorney General.  If not, Republicans and Democrats alike will have plenty of opportunity to ask Obama why his Department of Justice seems more interested in cover-ups and political machinations than in law enforcement.

Not only are progressives spending us into bankruptcy. We are getting nothing whatsoever in return.

Obama Going to Disney World

by Doug Powers – 01/19/2012

I was really excited about this at first because I thought we’d finally get a photo of Obama in the Magic Kingdom with Goofy. But sadly, Joe Biden won’t be travelling with the President this week.

Why am I guessing that this POTUS assistance will culminate in Disney going bankrupt before summertime?

WASHINGTON — President Barack Obama will visit Walt Disney World on Thursday to “unveil a strategy that will significantly help boost tourism and travel,” a White House aide said today.

The president will deliver his remarks inside the Magic Kingdom, with Disney’s iconic Cinderella Castle as backdrop.

That “strategy” is looser visa policies to get more visitors to places like Disney World. Loosening visa policies is not a good idea.

And of course, whenever Obama visits a state these days, Dems in toss-up districts scatter like cockroaches when the light gets switched on. Florida Democrats are offering the usual “uh, I have to re-arrange my sock drawer” excuse for missing Obama’s visit and avoiding a possible kiss of political death:

It doesn’t appear, however, that Obama will get much love from local politicians. Aides to U.S. Sen. Bill Nelson said the Florida Democrat was unlikely to attend because the office “got word too late” of the visit and had meetings planned in other parts of the state. And Orlando Mayor Buddy Dyer is scheduled to be in Washington that day for a meeting of the U.S. Conference of Mayors.

Barack Obama — the Maytag Repairman of presidents.