|Congressman Chaffetz from Utah|
GLENN: We have a guy who -- I don't know if he's a refounder or not because they don't tell me who the refounders are. He should be a refounder. Jason Chaffetz is a Congressman in Washington DC. He's from Utah and he's one guy who gets it and is always on the front line fighting for the right things. He has been helping us on the freedom of information to be able to find out what the hell is going on with Freddie and Fannie, especially in relations to the cap and trade business and the climate exchange, the Chicago climate exchange. Jason, Congressman, welcome to the problem
CHAFFETZ: Hey, thanks for having me on, Glenn.
GLENN: You are introducing a bill today?
CHAFFETZ: Today, yes.
GLENN: What is it?
CHAFFETZ: It's called the Fannie Mae and Freddie Mack Transparency Act of 2010 and what it would allow us to do is issue FOIA, the freedom of information requests that the public can ask for, members of Congress, anybody can ask for to get the documents that are within Fannie and Freddie. Amazingly enough, they don't believe that they're subject to the questions -- even as a member of Congress, I'm on oversight government reform, I'm a ranking member and they won't answer my questions. So, we're going to have to change the law.
GLENN: And why do they say that?
CHAFFETZ: Well, I love this quote from this letter. You know, they're subject now to the Federal Housing Finance Agency and their general counsel, this Alfred Pollard, sent me a letter --
GLENN: Wait just a second. Hold on, hold on, hold on. Somebody in the watchdog community, do your research on -- what's his name?
CHAFFETZ: Alfred M. Pollard, P-o-l-l-a-r-d.
GLENN: And he's currently with whom?
CHAFFETZ: He is the general counsel for the Federal Housing Finance Agency.
GLENN: Find out what his connections are, find out where he came from and tweet that to us.
CHAFFETZ: I would love to know. I would love to know.
GLENN: Go ahead.
CHAFFETZ: All right. So, he sends me a letter and I'm asking for information specifically about Franklin Raines and what they are doing with -- what in the world they were doing getting passed for cap and trade issues, but he said by his determination it, quote, would be costly, burdensome and potentially unproductive, end quote. So, he's decided unilaterally that even though I'm requesting it as a member of Congress, he is not going to provide me any documents.
GLENN: Costly and unproductive?
CHAFFETZ: And burdensome.
GLENN: And burdensome. Well, I hate to burden them. They're already burdened enough with $1 trillion worth of debt. Jason, what have you find out on the outlet lock that they have the patent on?
CHAFFETZ: Well, they say in this letter that, oh, this is just a guy on staff and they were using it to try to make sure that it doesn't, you know -- it doesn't allow surges on computers. Well, bologna. I went, they went so far to get all their attorneys engaged and they went and got these patents and what it does is it allows you to take an individual unit, you can go up to the actual outlet and it says it's for home. It doesn't say it's for business.
CHAFFETZ: And they go into their home and they can actually turn off your energy so you -- literally it locks down your energy in your home and the concern that some of us have is that if they're pursuing cap and trade, this would allow them to also go and say, do you know what, you've used to much energy this month, you're not going to be able to access the very outlet that's in your home.
GLENN: I mean, you are such a conspiracy theorist. By the way, have you purchased The Overton Window? It's available at book stores everywhere today. The conspiracy here is that you -- that that would ever happen, but if you look at all of the facts, cap and trade is done by all of the usual suspects through the carbon climate exchange. What they're doing is they're trying to sell communities and people this new technology, for instance, Van Jones says we're going to have criminals come out of prison and then they'll start making solar panels. Then they'll sell them to individuals. So you in your home, what they'll say is for your savings, you just pay us the difference on what your energy bill is now, you pay us how much you're saving and give us that money and we'll put all of the technology in your house. So, they go into your house, they put the technology of the solar panels in, they change your outlets, et cetera, et cetera. That's one piece of the technology they own the patent on. The second piece is the way to measure the carbon that you are burning in your home. Then they come at the end of the month and they say, okay, great. Energy cost is this. You know, you would have paid -- you would have paid this without this technology. So, pay us 10% of the difference. That's how they get paid, but if you don't pay, if you -- if something happens or if you use too much energy, this outlet can only be opened with a special tool that only they have the patent to. So, if they lock down your outlets, how do you get electricity?
CHAFFETZ: I love what they say. This is what Alfred Pollard wrote to me just on June 7th. He said, quote, the device prevent unauthorized or unqualified personnel from connecting equipment to outlets such as vacuum cleaners or heaters which may cause circuit overload, tripped circuit breakers and result in the loss of alteration of data residing on the computer systems powered by the same electrical network.
GLENN: Excuse me. When did we have a -- when did we have an outbreak -- why is Fannie Mae or Freddie Mack, why are they all of a sudden concerned about my circuit breakers in my home if my wife plugs in the vacuum?
CHAFFETZ: Well, she may be unqualified or unauthorized. You know --
GLENN: This is ridiculous.
CHAFFETZ: We smile and we laugh but at the same time, I take this very seriously because you have one of these very large organizations going out and getting a patent for this. What in the world were they thinking about whether they went and did this?
GLENN: You know what they were -- wait, wait. You know what they were thinking. This was Franklin Raines, one of the biggest -- he is -- and stop me if you disagree with this, Jason, but he is only next to -- what's the guy who's doing prison now? -- Bernie Madoff in scams. $90 billion in bonus money because he went and inflated all of the earnings. This guy should be in jail but because he has so many favors and so many friends, that he didn't go to jail, he just had to pay some of it back. The guy cooked the books at Freddie and Fannie. He's part of the whole climate exchange and, also, which goes down to emerald cities, which is all labor unions and leftist think tanks and they're the ones that are going to be installing the new outlets, the new carbon measuring in your home, and the new solar panels. Congratulations.
CHAFFETZ: Well, we have to get this bill passed, because the American people, the media, you know, members of Congress, we have to be able to look at the records in Fannie and Freddie. They're in conservatorship as of September 2008. We're on the lines of nearly a trillion dollars. We deserve to be able to look through their records and their correspondence.
GLENN: Real quick, do people need to do anything? Do they need to call or is this going to pass or what?
CHAFFETZ: Well, yeah. We're going to need to get them fired up. You can go to jasoninthehouse.com. I'll have information up there. We've got it out on americaspeakingout.com and we'll get a bill number and get it introduced. I'm thankful to ranking member Lamar Smith out of Texas, ranking member on the House Judiciary Committee, and Darrell Issa. We're going to keep going.
GLENN: All right. Let me ask you real quick. You were on hand with Wiener when he was attacked by a goat. We're very concerned. Is he going to be okay?
CHAFFETZ: I think he'll be all right.
GLENN: All right. Why were you doing a press conference with a goat and more importantly, why would you do a press conference with Wiener?
CHAFFETZ: You don't think two goats and a guy named Anthony Wiener is a formula for success? Come on.
GLENN: Jason, thank you very much. We'll talk to you again. All right. There are good guys in Washington and Jason Chaffetz is one of them.