Posted on 09/17/2008 10:21:30 PM PDT by Free ThinkerNY
In 2005-- Senator John McCain partnered with three other Senate Republicans to reform the government’s involvement in lending, after an attempt by the Bush administration died in Congress two years earlier. Democrats blocked the reform.
In 2005-- Barack Obama and the Congressional Black Caucus met with Fannie Mae for a "family" event. In 2005 Democrats also blocked reform of Fannie Mae:
This was before Fannie Mae started filling the pockets of Barack Obama with political donations. The junior Illinois senator collected more money from Fannie Mae than any other Washington politician except Senator Dodd in the last decade. Obama was able to accomplish this feat in just 3 years.
This video shows Fannie Mae CEO talking to members of the Congressional Black Caucus:
(Excerpt) Read more at gatewaypundit.blogspot.com ...
BTTT
Blocked reform. Took their money.
Where I come from thats corruption. Thats being on the take.
bookmark for later.
Bump
The U.S. Department of Housing and Urban Development (HUD) has oversight responsibilities for the housing mission of Freddie Mac.
Under the GSE Act, Freddie Mac also must obtain the approval of the Secretary of HUD for any new programs we undertake that are significantly different from programs that have been previously approved.
Great Video! McCain needs to use this in a TV Add in swing states!
Our beloved Messiah was just giving those fine Fannie Mae folks an opprunitity to GIVE!
He was helping them to be better people and citizens of the world.
After all, EVERYBODY knows that it's better to give than to receive!/sarcasm
Morning bump. Smoking gun of the complicity of Obama and the Congressional Black Caucus with the Fannie Mae meltdown
“Now this NEW VIDEO of the CEO of Fannie Mae in 2005 shows him explaining the “FAMILY” connection with Democrats and specifically Barack Obama and the Congressional Black Caucus. It looks like Michelle Obama was at the event, too. This was before Barack Obama started collecting tens of thousands from the failed lender.”
BTT!
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