Obama has been using the current financial disaster as fodder for his sagging campaign, saying that John McCain has been a part of the problem and will only allow the culture of corruption to continue. He's actually coming frighteningly close to telling us the truth. He's just gotten a few of the names wrong.
Barack Obama comes in second behind Chris Dodd in donations from Freddie Mac and Fannie Mae. Former Fannie Mae CEO Jim Johnson was on Obama's committee to help select a vice president. He also admitted that he received preferential treatment from Countrywide mortgage. Who else got preferential treatment from Countrywide mortgage? Chris Dodd. Now look at another Fannie Mae CEO named Frank Raines. He commited fraud to the tune of $6.3 billion. Why isn't he in jail? Why weren't the hearings done? Good question. Mr Obama doesn't have an answer for that. He should, though. Raines is Obama's adviser on housing policy. And he, like Mister Johnson, walked away with tens of millions of dollars.
In four years, Obama ranks second among donations from Freddie Mac and Fannie Mae among all members of congress since 1989. In four years Obama has received more money from Fannie and Freddie than any other member of congress in the past two decades except for Chris Dodd, and Chris Dodd has been in federal office since 1975. Obama's only been in office since 2005. He's second among donations from Lehman Brothers among all members of congress since 1989. The top executives at Lehman Brothers, Ted Janulis and John Ray, are chief fundraisers for Obama. And by the way, one of them was a part of the head of Mortgage Capital at Lehman Brothers.
Mister Obama is pretty good at changing words and facts around to suit his purpose, but the company that he keeps... the people he worships with and studies under and benefit from and employ say a great deal about him. None of it is good.
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