Obama's Fair Game, Prize Winner

Obama feeding at the trough

A Henry Payne cartoon found on TownHall.com 9/22/08

OpenSecrets.org had the following piece on its website titled, "Update: Fannie Mae and Freddie Mac Invest in Lawmakers" written by Lindsay Renick Mayer on September 11, 2008:

"When the federal government announced two months ago that it would prop up mortgage buyers Fannie Mae and Freddie Mac, CRP looked at how much money members of Congress had collected since 1989 from the companies. On Sunday the government completely took over the two government-sponsored enterprises, and we've returned to our data to bring you the updates, this time providing a 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. This week we also wrote about how much money lawmakers had invested of their own money in the companies last year--a total of up to $1.7 million."

Barack Hussein Obama received over $120,000 from individuals employed at Fannie Mae and Freddie Mac. The same people who personally profited from their involvement in these companies and who contributed to their financial collapse now work for the Obama campaign. Is this the team that will be leading America out of its financial crisis? I don't think so.

Michelle Malkin reported John McCain's quote on this matter:

“Senator Obama talks a tough game on the financial markets but the facts tell a different story. He took more money from Fannie and Freddie than any Senator but the Democratic chairman of the committee that regulates them. He put Fannie Mae’s CEO who helped create this disaster in charge of finding his Vice President. Fannie’s former General Counsel is a senior advisor to his campaign. Whose side do you think he is on? When I pushed legislation to reform Fannie Mae and Freddie Mac, Senator Obama was silent. He didn’t lift a hand to avert this crisis.”