Barack Obama in pocket of Freedie Mac and Fannie Mae

According to OpenSecrets, 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. OpenSecrets has posted a list of all Recipients of Fannie Mae and Freddie Mac Campaign Contributions, between 1989 and 2008. Guess who comes in second on this list? Thats right! Mr. Blame all the problems on the Republicans, Barack HUSSEIN Obama, at $126,349. Don’t expect to read about this on any of the major media outlets, as the far left MSM will just bury this story too. Yet another bad mark against Obama that will mysteriously get ignored.

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September 15, 2008 · Filed Under Barack HUSSEIN Obama


Comments

  • Van

    Looks like Mr. Obama is one big hypocrit again! He happens to be #2 on receiving money from Fannie & Freddie because Mr. Chris Dodd is #1.

  • Chad Miiler

    Obama, Barack S IL D $126,349 PACS $6,000 Individuals $120,349
    This is really no news the country is ready for change and we do not want
    John McCain and please is Palin the best the GOP could come uo with?