ILOVEDNY
September 15th, 2008, 06:43 PM
Freddie and Fannie Execs Donated $126,000 to Neophyte Senator Barack Obama Over Four Years
When they needed help due to all their malfeasance and self-dealing, they knew whose grubby hands to stuff money into.
http://www.commentarymagazine.com/blogs/index.php/rubin/30411
Whoops!
Jennifer Rubin - 09.15.2008 - 10:09 AM
Fannie Mae and Freddie Mac survived scrutiny by manipulating, cajoling, and lobbying politicians and hiring board members who were politicos (e.g. Jamie Gorelick) rather than mortgage gurus. They hired lobbyists, gave massive donations, obtained nice tax breaks, and sailed below the regulatory radar screen.
Of the 354 lawmakers who received money from Freddie and Fannie between 1989 and 2008, Sen. Chris Dodd received the most. But next was . . . drumroll . . . Barack Obama. Yup. And he was only there for three years. Not too much went to John McCain, about a sixth of what Obama received.
Seems like time for a response ad. "When the highly-paid CEOs of Fannie Mae and Freddie Mac felt reformers closing in, they needed a defender. They knew where to send their money. The Banking Committee Chairman Chris Dodd... and Barack Obama. They gave Obama more than $126,000, in less than four years. While Fannie and Freddie was running aground, Dodd, Obama, and Congress looked elsewhere. Ask yourself who can really bring change to Washington, and keep our financial system from running aground."
When they needed help due to all their malfeasance and self-dealing, they knew whose grubby hands to stuff money into.
http://www.commentarymagazine.com/blogs/index.php/rubin/30411
Whoops!
Jennifer Rubin - 09.15.2008 - 10:09 AM
Fannie Mae and Freddie Mac survived scrutiny by manipulating, cajoling, and lobbying politicians and hiring board members who were politicos (e.g. Jamie Gorelick) rather than mortgage gurus. They hired lobbyists, gave massive donations, obtained nice tax breaks, and sailed below the regulatory radar screen.
Of the 354 lawmakers who received money from Freddie and Fannie between 1989 and 2008, Sen. Chris Dodd received the most. But next was . . . drumroll . . . Barack Obama. Yup. And he was only there for three years. Not too much went to John McCain, about a sixth of what Obama received.
Seems like time for a response ad. "When the highly-paid CEOs of Fannie Mae and Freddie Mac felt reformers closing in, they needed a defender. They knew where to send their money. The Banking Committee Chairman Chris Dodd... and Barack Obama. They gave Obama more than $126,000, in less than four years. While Fannie and Freddie was running aground, Dodd, Obama, and Congress looked elsewhere. Ask yourself who can really bring change to Washington, and keep our financial system from running aground."