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Obamonopoly - Fannie & Freddie

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  • Obamonopoly - Fannie & Freddie

    You 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".
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  • #2
    Re: Obamonopoly - Fannie & Freddie

    you 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

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    • #3
      Re: Obamonopoly - Fannie & Freddie

      you 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 .
      Disclaimer: Steroid use is illegal in a vast number of countries around the world. This is not without reason. Steroids should only be used when prescribed by your doctor and under close supervision. Steroid use is not to be taken lightly and we do not in any way endorse or approve of illegal drug use. The information is provided on the same basis as all the other information on this site, as informational/entertainment value.

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      • #4
        Re: Obamonopoly - Fannie & Freddie

        he has no lobbyists

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

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        • #5
          Re: Obamonopoly - Fannie & Freddie

          THATS THE BEST ANSWER YOU CAN COME UP WITH
          Disclaimer: Steroid use is illegal in a vast number of countries around the world. This is not without reason. Steroids should only be used when prescribed by your doctor and under close supervision. Steroid use is not to be taken lightly and we do not in any way endorse or approve of illegal drug use. The information is provided on the same basis as all the other information on this site, as informational/entertainment value.

          Please take the time to read these threads!

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          • #6
            Re: Obamonopoly - Fannie & Freddie

            no, but it is an understandble one, understandble ones are always the prefferred answer

            Comment


            • #7
              Re: Obamonopoly - Fannie & Freddie

              Obama’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.
              Disclaimer: Steroid use is illegal in a vast number of countries around the world. This is not without reason. Steroids should only be used when prescribed by your doctor and under close supervision. Steroid use is not to be taken lightly and we do not in any way endorse or approve of illegal drug use. The information is provided on the same basis as all the other information on this site, as informational/entertainment value.

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