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Monday, September 15, 2008


Obama The Second Biggest Recipient Of Fannie Mae/Freddie Mac Money

According to OpenSecrets.org, Barack Obama was the second largest recipient of political contributions from recently bailed-out, quasi-government lenders Fannie Mae and Freddie Mac.

The first?  Senator Chris “VIP Loans” Dodd (Dodd’s buddy Kent “I call the CEO when I want a loan” Conrad rounded out the top 15).

Isn’t it a bit disturbing that the man who could be our next President took tens of thousands of dollars in contributions from one of the biggest boondoggles in the history of American government?

Does this tick you off? Click here to email your elected representatives right here on Say Anything, or comment below.

Comments

Oh, haven’t you heard? Our wonderful ND Congressman (“don’t- have-a-clue-how-this-happened-Conrad” wink, wink), made an honest mistake?  Give me a break Kent.  The only advantage you have for your corruption, along with Obama and Dodd, is that you are all Democrates. Any Republican would be hanging from a sting today!

CJBerg on September 15, 2008 at 09:13 am

Sen. Gaylord Conrad even invested in Fannie & Freddie!


No Free Lunch
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Kevin on September 15, 2008 at 09:22 am
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Isn’t it a bit disturbing that the man who could be our next President took tens of thousands of dollars in contributions from one of the biggest boondoggles in the history of American government?

But, but, but…hope! Ch- ch- ch- change?


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Proof on September 15, 2008 at 09:49 am

Isn’t it a bit disturbing that the man who could be our next President took tens of thousands of dollars in contributions from one of the biggest boondoggles in the history of American government?

Seems a bit unethical if you ask me.


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goon on September 15, 2008 at 10:26 am

Isn’t it a bit disturbing that the man who could be our next President took tens of thousands of dollars in contributions from one of the biggest boondoggles in the history of American government?

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In John McCain’s America, any politician who accepts a large contribution or gift from a donor, and then takes steps consistent with the donor’s interests — even though there is no legal quid pro quo — is corrupt.

Well, then, by his own standard, McCain is corrupt.

McCain was one of the so-called “Keating Five” senators.

He was investigated by the Senate Select Committee on Ethics in 1991 regarding the acceptance of favors from Lincoln Savings & Loan Association (Lincoln) and its owner, Charles H. Keating, Jr.

Simply put, the issue was whether McCain and the other senators used their official positions to attempt to pressure Federal Home Loan Bank Board officials to go easy on the troubled institution. Eventually Lincoln went bust, costing depositors and taxpayers millions.

In its final report (November 20, 1991), here is what the Senate Select Committee on Ethics concluded about McCain’s conduct:

“Mr. Keating, his associates, and his friends contributed $56,000 for Senator McCain’s two House races in 1982 and 1984, and $54,000 for his 1986 Senate race.


Telling one lie or even consistently lying about one subject…doesn’t make you a liar…

robert108 on May 18, 2009 at 03:23 pm

“You have absolutely no reason, none, to trust our word or our actions at this point.”

Titular gop Head Mr. Steele


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realitybasedbob on September 15, 2008 at 10:36 am
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RB Boobie, you could have finished the article.

From RB Boobie’s link:

The Committee concludes that Senator McCain’s actions were not improper nor attended with gross negligence and did not reach the level of requiring institutional action against him.

RBB's conscience on September 15, 2008 at 10:48 am

As our host left his supposition hanging, so did I.


Telling one lie or even consistently lying about one subject…doesn’t make you a liar…

robert108 on May 18, 2009 at 03:23 pm

“You have absolutely no reason, none, to trust our word or our actions at this point.”

Titular gop Head Mr. Steele


realitybasedbob's signature
realitybasedbob on September 15, 2008 at 10:51 am
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Here are the Keating Five

Alan Cranston (D-CA)
Dennis DeConcini (D-AZ)
John Glenn (D-OH)
John McCain (R-AZ)
Donald W. Riegle (D-MI)

All those “D"s will keep it from becoming an election item in the MSM

RBB's conscience on September 15, 2008 at 10:54 am
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my question is, so what?

mccains biggest donor is the PAC, its individual members or employees or owners, and those individuals’ immediate families of Merrill Lynch.

http://www.opensecrets.org/pres08/contrib.php?cycle=2008&cid=N00006424.

should we make negative associations from that also?

crshedd on September 15, 2008 at 11:02 am

Bill Clinton was a good friend of Keating wasn’t he?

Zsa Zsa on September 15, 2008 at 11:53 am

But Obama says he doesn’t take special interests…But…but…damnit I thought we were something special to him.

Runs off weeping.

/Sarcasm


It’s all political bullshit. Liberals (and Robert108) lie and spin and twist and obscure and distract and cheat to protect their guys and hurt the opposing team. It’s like wrestling. They distract the ref while their team mate hits you with a chair. There’s no rule they won’t break, no law they won’t skirt, no crime they won’t forgive as long as they can win.

Kenny on September 15, 2008 at 01:08 pm

Isn’t it a bit disturbing that the man who could be our next President took tens of thousands of dollars in contributions from one of the biggest boondoggles in the history of American government?

You mean NOBAMA?


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goon on September 15, 2008 at 01:11 pm

It doesn’t matter. McCain contributed from Fannie and Freddie also.

McCain, John S AZ R $21,550 $0 $21,550

Why are you keeping this a secret?

ollie-B on September 15, 2008 at 08:07 pm
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I’m keeping it a secret?  Then how did you find it out!  You’ve broken through the vast right wing conspiracy mind controls!

/moron

So McCain took 1/6th the money from Fannie Mae/Freddie Mac that Obama did.  Big deal.

How many former Freddie Mac/Fannie Mae executives are now working for OBama?  Or did work for OBama before The One threw them under the bus when they became politically inconvenient?

Riddle me that.


The purpose of government shouldn’t be to do good, but simply to refrain from doing evil.

Rob on September 15, 2008 at 08:11 pm
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Just what Hussein needs is more slanderous, disturbing corrupt news.

Harry on September 16, 2008 at 05:53 am
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McCain after all those years in Congress was about 70th on the list. Obama in just three years made the top two!
Now, THAT’S CHANGE YOU CAN BELIEVE IN! Heh.


Shrugging off the mindless, baseless attacks of Liberal hyenas and jackals since 2007

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”(Proof) You’re, as we say in Hawaii, No Ka Oi!”

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Proof on September 16, 2008 at 06:47 am

Rob,
How many Freddie and Fannie execs are working for McCain?

ollie-B on September 16, 2008 at 09:05 am

Rob,
How many Freddie and Fannie execs are working for McCain?
watashiwa on September 16, 2008 at 10:05 am

NONE

But…when you look at Obama’s economic advisers, the guys he has counted on from day one and who have raised him a ton — and I mean a ton — of money: Franklin Raines and Jim Johnson, you realize that both of them are waist to neck deep in the mortgage scandal.

Both Raines and Johnson have served as CEO of Fannie Mae, with Raines taking over from Johnson. Both are key political and economic advisers to Obama.

Joel on September 16, 2008 at 09:19 am

Why is it I hear a speech by NOBAMA talking about not taking money from PACS and then we find out he is taking money from Freddie and Fannie MAC? This seems to mean that BHO is talking out of both sides of his mouth…


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goon on September 16, 2008 at 11:10 am
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Democrats created the Fannie Mae and Freddie Mac problems years ago, in a well intentioned but failed effort to allow low income groups to buy houses.  They stopped ALL eforts at reform until it was too late.  Now they are trying to blame Bush, McCain and Republicans, everyone but themselves.  That’s the Gods truth and here is the proof:
http://strategicthought-charles77.blogspot.com/2008/09/democrats-created-fannie-mae-and.html

charles on September 20, 2008 at 09:14 pm
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