Wednesday, September 17, 2008

Obama: Let's Make Special Interest Money an Issue

You can bet the farm that Obama's devoted sphincter-smoochers in the lamestream media will do everything in their power to prevent that shortsighted strategy from barackfiring.

Open Secrets has the list of Congressmen who have benefited from Fannie Mae/Freddie Mac largesse since 1989 (inclusive). Remarkably, after only serving less than four of those 20 years, Barack Obama has vaulted to the #2 position on Capitol Hill. Only Dodd outstripped him. He took more than six times the amount that McCain received in a 20-year period.

Also from that linked post:

I join as a cosponsor of the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190, to underscore my support for quick passage of GSE regulatory reform legislation. If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole.

Who said it, and when?

John McCain, May 2006.

Bush and McCain have been on the right side of this issue for years, while Biden, Obama, and their fellow Democrats in Congress opted, instead, to rake in the special interest contributions from these financial institutions, and bury their heads in the soft, warm sand of the Barney Frank Desert of Denial.