Wednesday, September 17, 2008

Obama and Banking

Open Secrets has the list of Congressmen who have benefited from Fannie Mae/Freddie Mac largesse since 1989 (inclusive). Remarkably, after only serving less than four of those 20 years, Barack Obama has vaulted to the #2 position on Capitol Hill. Only Dodd outstripped him. He took more than six times the amount that McCain received in a 20-year period.

Thats the facts folks, and you know who was trying to pass laws as far back as 2005 to fix Fannie and Freddie? yep McCain. . . .

When the truth gets out this will hurt Obama. The Dems caused this crisis, they made money off it and now they want us to pay for it and blame the Republicans . . . . You can fine more info on it here from No Looking Backwards. . .

We are in the shape we are in because of the Democrats trying to make it so everyone gets a house and if they could afford it or not did not get factored into the loan. SO now we get to pay off all the bad loans. . . . . we need to get the "Politically Correct" folks out of bank regulaiton and put it back in the hands of folks that understand loans, risks, and being able to afford to pay folks back. . . .

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