Obama, Fannie Mae, Freddie Mac, Campaign contributions, Mortgage crisis, Lobbyists, Truth about Obama, More Obama lies

Barack Obama has claimed to be the candidate of change who steers
clear of lobbyists. Once again Obama is lying. One lobbyist
Obama has ties to is Joe Biden’s son, Hunter Biden. Now we learn
that Obama was the third highest recipient of campaign contributions
from Fannie Mae and Freddie Mac that have just been bailed out
by the government. Here are the top recipients of campaign contributions from Fannie Mae and Freddie Mac, 1989-2008:

Name
 Office
 Party/State
 Total
 
1. Dodd, Christopher J
 S
 D-CT
 $133,900
 
2. Kerry, John
 S
 D-MA
 $111,000
 
3. Obama, Barack
 S
 D-IL
 $105,849
 
4. Clinton, Hillary
 S
 D-NY
 $75,550
 
5. Kanjorski, Paul E
 H
 D-PA
 $65,500
 
6. Bennett, Robert F
 S
 R-UT
 $61,499
 
7. Johnson, Tim
 S
 D-SD
 $61,000
 
8. Conrad, Kent
 S
 D-ND
 $58,991
 
9. Davis, Tom
 H
 R-VA
 $55,499
 
10. Bond, Christopher S ‘Kit’
 S
 R-MO
 $55,400
 
11. Bachus, Spencer
 H
 R-AL
 $55,300
 
12. Shelby, Richard C
 S
 R-AL
 $55,000
 
13. Emanuel, Rahm
 H
 D-IL
 $51,750
 
14. Reed, Jack
 S
 D-RI
 $50,750
 
15. Carper, Tom
 S
 D-DE
 $44,389
 
16. Frank, Barney
 H
 D-MA
 $40,100
 
17. Maloney, Carolyn B
 H
 D-NY
 $38,750
 
18. Bean, Melissa
 H
 D-IL
 $37,249
 
19. Blunt, Roy
 H
 R-MO
 $36,500
 
20. Pryce, Deborah
 H
 R-OH
 $34,750
 
21. Miller, Gary
 H
 R-CA
 $33,000
 
22. Pelosi, Nancy
 H
 D-CA
 $32,750
 
23. Reynolds, Tom
 H
 R-NY
 $32,700
 
24. Hoyer, Steny H
 H
 D-MD
 $30,500
 
25. Hooley, Darlene
 H
 D-OR
 $28,750
 

“Freddie Mac and Fannie Mae, two embattled mortgage buyers that for years have pursued a lobbying strategy to get lawmakers on their side. Both companies have poured money into lobbying and campaign contributions to federal candidates, parties and committees as a general tactic, but they’ve also directed those contributions strategically.”

Read more here:

http://www.opensecrets.org/news/2008/07/top-senate-recipients-of-fanni.html

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24 responses to “Obama, Fannie Mae, Freddie Mac, Campaign contributions, Mortgage crisis, Lobbyists, Truth about Obama, More Obama lies

  1. MY BAD!! MY BAD!! MY BAD!!

    McCain is 62nd on the list. That’s my bad and I take full responsibility. That’s what the article said that I was reading though. So sorry.

    I can’t apologize enough. But one last time. Sorry!

  2. This is disgusting.

    And lucky for them, NOBODY IS WATCHING.

    PHENOMENOL work, CW.

    What shall we do with this information?

  3. Related:
    A desperate Fed pumped an additional $96 billion into the banking system yesterday, and the European Central Bank, the Bank of England and the Swiss National Bank, added some $55-$60 billion into the banks. The Fed injected capital three separate times, to provide liquidity to panicked banks. This is going to lead to hyperinflation!

    Look, if you called a veterinarian because your dog is covered with blood sucking ticks that are killing him and that vet simply connects an IV to your dog to replace the blood, you would call him nuts. The cure is to remove the parasites!

    These delaying tactics are simply making the problem worse. Stop this bail out process! We’ll need the blood later to recover. Put the financial system under bankruptcy protection right now. Whatever isn’t going to function, put into bankruptcy reorganization. Anything that is in trouble goes into receivership.

  4. Another opportunistic moment for the Dems!
    Is there any human suffering that they will not seize for political gain?

    http://countusout.wordpress.com/

  5. FabulousDarlene

    Hey My Favorite Citizen….See this article at NOQUARTER…It’s John McCain singing…its AWESOME and FABULOUS….It makes him seem like us..intelligent, crazy, funny and determined…haha

    http://noquarterusa.net/blog/2008/09/16/mccain-and-babs/

    McCain Says: Shut Up and Sing
    By Eric Trager – 09.16.2008 – 7:18 PM

    According to CNN, John McCain took aim at Barack Obama today for flying “off to Hollywood for a fundraiser with Barbra Streisand and his celebrity friends.”

    Leave it to CNN to completely miss the greater context of this story: namely, McCain’s longtime–and hillarious–use of Streisand as his foil.

    I watched it over and over and just laughed out loud!!

    HAHAHAHA!!!

  6. I would like to know more about the CEO of Fannie Mae who worked on Obama’s campain, supposedly vetting VP candidates. What was their arrangement? It is amazing; Obama accuses Sen. McCain of being tool of the special interests while his associates are in jail and are in hiding.

  7. How does above compare to Sen. Barack Obama OPTING-OUT to take the $85 MILLION in public financing for this election.

    McCain….accepted it.

    http://www.boston.com/news/nation/articles/2008/06/20/in_a_shift_obama_rejects_public_funding/

    Obama/Biden 08

  8. Pingback: obama third highest recipient of fannie mae contributions « WAKE UP AMERICA

  9. Bridgette O'Neil

    THIS WEB SITE IS A BUNCH OF LIES!!!!!!!!!!!!!!!

  10. Name 1.
    Back it up with documented facts.

  11. John McCain has a huge number of lobbyists from financial institutions, banks, and finance companies. Yet this chooses to focus on one: Fannie Mae.

    AS IF Fannie Mae is solely responsible for this financial mess. It is not. Fannie Mae had a specific legal obligation to sell housing bonds. Banks provided the insurance — they failed taking Fannie Mae down.

    Thank God this web site is so inept as to be lost in the weeds of the internet.

  12. Independent.
    You are wrong on all counts.
    The viewership on this blog is skyrocketing.
    And of course, you found it and responded.

  13. Is lying endemic with McCain supporters?

    Please note that John McCain received $169,000 from officers, board members and lobbyists for Fannie Mae compared with $16,000 received by Obama.

    Of course Obama has received more contributions from employees of Fannie Mae and Freddie Mac than John McCain during the campaign and is the number two recipient of their donations. If you check at Open Secrets, you will see that Obama is first or second in donations from virtually every corporation, presumably because they are more interested in seeing him be elected than McCain.

    http://www.nytimes.com/2008/09/10/us/politics/10fannie.html?pagewanted=2&sq=september%2010%20%20mccain%20$169,000&st=cse&scp=2

    Graphic:

    http://politicalticker.blogs.cnn.com/2008/09/19/fact-check-did-obama-profit-from-fannie-and-freddie/#comments

  14. @Edward Murray

    I was just about to put up the same info about John McCain and his misleading info, especially on the Fannie Mae & Freddie Mac issue. The sad thing is he is still spreading that false info on his campaign trail.

    I also would like people know that the Troops are behind Barack Obama also giving him the most donations for his campaign…..

    Contributions from All Military Personnel

    Obama, Barack $335,536
    McCain, John $280,513

    http://www.opensecrets.org/news/2008/08/troops-deployed-abroad-give-61.html

    I guess we see where the troops stand at who they would like to see as the next President.

  15. Check your sources.

  16. Democrats created the Fannie Mae and Freddie Mac problems years ago, in a well intentioned but failed effort to allow low income groups to buy houses. They stopped ALL eforts at reform until it was too late. Now they are trying to blame Bush, McCain and Republicans, everyone but themselves. That’s the Gods truth and here is the proof:
    http://strategicthought-charles77.blogspot.com/2008/09/democrats-created-fannie-mae-and.html

  17. THE TRUTH IS more than 95% of those donations are from individual employees of Fannie and Freddie.

    So basically that just means regular employees would much rather donate to Obama than to McCain. That’s no big surprise.

    The surprise is that all of a sudden those work-force Americans that McCain claims to be the “fundamentals” of our economy are now considered to be bad people for donating to a presidential campaign?
    HYPOCRITES.

  18. Down at the bottom of the chart where that figure originally was found on the Federal Election Commission disclosure pages it indicates that the number includes contributions from PACs and individuals.

    Obama received a total of $6,000 from a Fannie/Freddie PAC — and only prior to his campaign for Presidency, when he announced he would no longer take any lobbyists PAC money.

    The remainder was from individuals who are employees of Fannie/Freddie, in the years between 1989-2008. The two companies at one time had over 12,000 employees.

  19. Pingback: Why would you even vote for Obama? - Page 4 - Grasscity.com Forums

  20. Fannie Mae and Freddie Mac employees donated $126,349 to the Obama campaign while they donated $21,550 to McCain. (Corporations themselves are ineligible from donating to political campaigns.) Whereas, Fannie Mae and Freddie Mac board of directors and lobbyists donated $169,000 to McCain and his related committees, compared with $16,000 to Obama and his related committees.

  21. How come John McCain isn’t on this list? He was on the list they released…and also McCain’s Campaign Mgr who was a lobbyist for Fannie and Freddie. SCANDLOUS…he is such a liar…

  22. Thinking Voter

    You’re a racist for posting this.

    How dare you post facts that could hurt Obama.

    Getting our first Black President is much more important than our national prosperity.

    (Does Sarcasm work online?)

  23. Pingback: Obama has pretty much given up n trying to run on his record - Page 2 - City-Data Forum

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