Obamonopoly - Fannie & Freddie

[FUZO]

TweetYou liberals do know that the head guys and fannie and freddy are the top advisors for obama and obama received more money from them then anyone else


1. Ayers Avenue
Bill Ayers names Obama chairman of the $110 million Chicago Annenberg Challenge. They also serve on the Woods Fund Board.

2. Acorn Street
The Woods Fund and the Chicago Anneberg Challenge both give funds to ACORN

3. Lobbying Lane
Using flawed data that "proved" discriminatio in mortgage loans, ACORN and Democrats relaxed the rules for underwriting.

4. Clinton Court
President Clinton's home ownership strategy forced Fannie Mae and Freddie Mac to write zero-down and other risky mortgage loans.

5. Bubba Boulevard
Four Clinton friends took over Fannie Mae. In 6 years they paid themselves $200 million while launching ACORN'S programs.

6. ACORN and the Feds made lenders offer zero-down loans, No credit scores, undocumented income under the strictures of C.R.A.

7. Greenspan Court
In 2004, Alan Greenspan warned that Fannie and Freddie could "cost taxpayers dearly" as they were growing too aggressively.

8. Toldjaso Towers
In 2003 President Bush attempted to rein in Fannie by applying more oversight over the out of control institutions.

9. Frank Falls
Democrats in Congress blocked the attempts at reining in Fannie. "Fannie & Freddie aren't facing any financial crisis" said Barney Frank

10. Mllionaire's Mile
During this time, Fannie suffered a $10 billion accounting scandal in which execs falsified results to trigger bonus payments.

11. Raines Road
The Democrats in charge of Fannie Mae at the time were finally forced to resign as the mortgage crisis unfolded.

12. Senate Street
Where are these financial geniuses now? Raines and Johnson are key policy advisers for none other than ACORN'S buddy - BARACK OBAMA.

Thus we are where we are today! When John McCain tried to introduce a bill to place regulations on Fannie & Freddie, it was blocked. Obama never said a word or lifted a finger to help. Why should he, he was receiving more money from Fannie than anyone else in the Congress except Chris Dodd. Now they are blaming Bush and McCain for the Wall Street mess. Obama's plan announced today - wait and see how it all unfolds, but be sure to add to any plan a new tax plan to help "poor folks" pay their mortgages. A new stimulus package to be given to every working family of $1,000! More for the taxpayers to pay! That's right, add a lot of amendments to any bill to fix the problem and make sure it gets held up and won't pass either house. Then blame McCain and the Republicans for failing to come up with a solution. Same old gridlock! The way I see it, the Dems are not going to do anything until after Nov 4. If we, the people, sit back and let this take place, we are as much to blame as the "do nothing Congress". Contact your state Senator and Congressman immediately and tell them to "get on with the people's business, NOW".
Please note, although no boardcode and smiley buttons are shown, they are still useable

[trip]

Tweetyou do not know diddley about fannie and freddie

fannie and freddie believe it or not did not get involved in the sub-prime mess

fannie and freddie on there own leveraged up, hold your nose 100-1, thus, when sub prime caused prices to go down, people bailed on fannie and freddie loans, thus, historically they had a .5% foreclosure rate, which they were counting on, right now it's like 1.4% which is better than anyone else, yet, when ur levered up 100-1 you're done

of course the facts are not important, the fact 17 lobbyists for fannie and freddie are on john i'll stop the lobbyists mccain, only if i get elected with lobbyists and rove style hate propaganda

go with mccain, who knows for a fact the economic fundamentals are strong, he is the only man in the world who knows anything

[FUZO]

Tweetyou must mean these 2 top guys from freddie and fannie who gave obama the most money and work for obamas campaign right. how about all the lobbyist obama has or did you forget that .

[trip]

Tweethe has no lobbyists

and yeah they gave him money, is giving money to a political campaign against the law now, where is the link

[FUZO]

TweetTHATS THE BEST ANSWER YOU CAN COME UP WITH

[trip]

Tweetno, but it is an understandble one, understandble ones are always the prefferred answer

[FUZO]

TweetObama’s campaign by the 14 super-donors registered as lobbyists

Timothy Broas $100,000
Frank Clark $200,000
Howard Gutman $200,000
Scott Harris (DC) $200,000
Allan Katz $200,000
William Lake (DC) $50,000
Robert S. Litt $not given
Kenneth Lore (DC) $50,000
Thomas Perrelli $200,000
Thomas Reed $200,000
Paul Roth $50,000
Alan Solomont $100,000
Robert M. Sussman (DC) $50,000
Tom Wheeler (DC) $100,000

1,700,000 dollars from registered lobbyists total. From Washington DC alone: $450,000. Four times more than Obama’s officially declared lobbyist sum.