Obama's DOJ and FBI Admit They Lied-- Likely in an Effort to Help Obama's Re-election Campaign



"Look, folks can't hold me responsible for the actions of my political appointees and the actions of the various federal agencies that I'm in charge of! That makes no sense. Besides it was Bush's fault..."

Hey, at least Obama didn't use the IRS to intimidate and stifle political opponents... oops... Well, I guess this all just goes with the territory of having a dishonest community organizer as president. But hey, at least elected him proved alleviated some White guilt or something.

From the Fox News article by Judson Berger:

The Justice Department and FBI have quietly acknowledged they grossly overstated the scope of a mortgage fraud crackdown, which the administration heralded with much fanfare a few weeks before last year's presidential election.  

According to a memo circulated by the FBI and a correction posted online by the Justice Department, the number of defendants, the number of victims and the size of the losses are, in reality, a fraction of what officials claimed last October.  

Attorney General Eric Holder and other law enforcement officials claimed in early October that the initiative charged 530 criminal defendants on behalf of 73,000 victims who suffered over $1 billion in losses. The so-called Distressed Homeowner Initiative, which targeted fraud schemes against distressed homeowners, was highlighted in a press release and press conference at the time.  

Holder, talking to the cameras on Oct. 9, called it "a groundbreaking, year-long mortgage fraud enforcement effort."  

The real numbers, it turns out, were far smaller. The feds now admit that the number of criminal defendants charged was more like 107, not 530. The number of victims was 17,185 -- still a large number, but roughly one fourth the size of the original headcount. And the losses totaled $95 million -- not $1 billion, as originally claimed.  

The DOJ and FBI had long been dogged by claims that their numbers were inflated. Bloomberg has been reporting since October that the cases cited by Holder included charges filed during the George W. Bush administration.

Gee, the losses were overstated by more than ten times the number. I'm sure it was just an honest mistake and not at all to help Obama with his sock-it-to-the-evil-cheating-rich rhetoric. Nope. Just a clerical error by a bunch of people in Cleveland or something.