Verrry Interesting.
It has been widely reported that Barack ___ Obama was the second largest recipient of Fannie and Freddie’s largesse. Take a look at the numbers when the Fannie/Freddie contributions are plotted against time in congress. They really, really liked Barack ____ Obama.
One has to wonder what he did or chose not to do in exchange for all that loot.
h/t GuyK
Thanks Jim. This financial mess could have been avoided…but the dim-a-crits blocked every attempt to regulate Fannie and Freddie. Moreover, the regulations government put on the lending institutions were a sure path to financial ruin. Capitalism cannot be succesful unless government lets it be successful..and of course the democrats are socialists and do not want capitalism to succeed.
And Joe Biden says you ain’t patriotic if you bitch about taxes…
Comment by GUYK — September 20, 2008 @ 6:44 pm
Also note the The Obama has chosen the former chair of Fannie to be one of his economic advisors…
Comment by hoosierboy — September 21, 2008 @ 8:17 am
So, I guess it is a matter of degree as Senator McCain also got $100k plus. Let us also not forget the S&L crisis as I believe Mr. Obama was probably in organizing. Fair is fair as noone in government is without blame including Republicans.
Comment by Joseph — September 22, 2008 @ 11:47 am
They only gave him all that money because they thought he would do the best job bailing them out.
Right?
Comment by Dave S. — September 22, 2008 @ 2:46 pm
[…] Jim links to Hennessy’s View, who plots the numbers of Fannie/Freddie contributions per year in […]
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