Hattip to goodtimepolitics
Thanks for the photo.
Fannie Mae and Freddy Mac are tied to the recent Lehman Brothers fallout.
Well, Barack NObama, it is hard to hide the real truth these days..It is easy to get Whacked !
You better get your act together and watch what you say when you attack on the economy..Now who is the fat cat? You or McCain? I think this website shows you are the # 2 guy that benefits the most from Fannie and Freddy. Now I did not see McCain’s name on this particular list of 354 of our esteemed politicians. Maybe my vision is going..GO FIGURE..
Yet you really think you have the answers to our economic woes. Do you really think we are buying that teleprompter well scripted speech on how this is all somebody else’s fault..Follow the money honey! See who really came out against this in print. Looks to me like the chickens are coming home to roost!
List of all 354 lawmakers who have gotten money from Fannie Mae and Freddie Mac (in July we posted the top 25). These totals are based on data released electronically from the FEC on Sept. 2 and include contributions to lawmakers’ leadership PACs and candidate committees from the floundering companies’ PACs and employees. Current members of Congress have received a total of $4.8 million from Fannie Mae and Freddie Mac, with Democrats collecting 57 percent of that.
All Recipients of Fannie Mae and Freddie Mac Campaign Contributions, 1989-2008
|Name||Office||State||Party||Grand Total||Total from
|Dodd, Christopher J||S||CT||D||$165,400||$48,500||$116,900|
|Bennett, Robert F||S||UT||R||$107,999||$71,499||$36,500|
|Kanjorski, Paul E||H||PA||D||$96,000||$57,500||$38,500|
|Bond, Christopher S ‘Kit’||S||MO||R||$95,400||$64,000||$31,400|
|Shelby, Richard C||S||AL||R||$80,000||$23,000||$57,000|
Now check out this speech back in July with John McCain:
First Published Wednesday, July 23, 2008 5:42 PM
Americans should be outraged at the latest sweetheart deal in Washington. Congress will put U.S. taxpayers on the hook for potentially hundreds of billions of dollars to bail out Fannie Mae and Freddie Mac. It’s a tribute to what these two institutions — which most Americans have never heard of — have bought with more than $170-million worth of lobbyists in the past decade.
With combined obligations of roughly $5-trillion, the rapid failure of Fannie and Freddie would be a threat to mortgage markets and financial markets as a whole. Because of that threat, I support taking the unfortunate but necessary steps needed to keep the financial troubles at these two companies from further squeezing American families. But let us not forget that the threat that Fannie Mae and Freddie Mac pose to financial markets is a tribute to crony capitalism that reflects the power of the Washington establishment.
Read the rest here: July 23, 2008 John McCain warns Congress of Fannie Mae and Freddie Mac troubles.
GoodTimePolitics has come through again with a great link showing McCain warning Congress about Freddie Mac troubles back in 2005 check it here:http://beltwaysnark.com/2008/09/16/john-mccain-supported-a-proposal-for-an-ag