Saturday, September 20, 2008

Fannie And Freddie Have BO In Their Pocket?

How can a Government Sponsored Entity (i.e. Freddi Mac and Fannie Mae) give campaign contributions to legislatures? Or, who let the fox into the hen house?

I just read the IBD article:

Congress Lies Low To Avoid Bailout Blame

Senator Obama and his fans are blaming President Bush, Senator McCain, and Capitalism for the Financial Crisis. Yet the facts seem to indicate that there is nothing "Free" about this market and that both President Bush and Senator McCain tried to sound the alarm several years back.

It also seems that what was being "marketed" was the legislative influence and our tax dollars and the good Senator from Illinois sure got his share.

To know Obama is to NOBAMA

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