Report: Freddie Mac paid $15,000 a month to McCain aide's firm, why did McCain Bash Obama?

Question

source: an article in the Yahoo news section =D

just some info you should be aware of (im not saying Obama doesnt have any issues)

Answer 1

becuase Obama got somewhere in the 120,thousand dollar range.



Senator Obama received his $120,349 despite having been in the U.S. Senate for just three years. Only Senator Chris Dodd, Democrat of Connecticut -- who has been in Congress for 33 years (1975-81, House of Representatives; 1981-Present, Senate) -- received more.[1]



"Barack Obama's Fannie Mae/Freddie Mac Connection," by John Gibson, Fox News, September 16, 2008; available from http://www.foxnews.com/story/0,2933,423701,00.html; accessed September 20, 2008; and "Fannie Mae and Freddie Mac Invest in Democrats," by Lindsay Renick Mayer, Open Secrets, July 16, 2008 and updated September 11, 2008; available from http://www.opensecrets.org/news/2008/09/update-fannie-mae-and-freddie.html; accessed September 20, 2008.

Answer 2

because as the web page says McCain was under the impression his aide stopped doing business with them in 96 but was misinformed and didn't do enough background on his aide to confirm or deny it before giving the guy a chance. Actually McCain's people didn't do enough research before giving the guy a chance, maybe he was hired because someone owed him a favor and left that info out? That does happen in business.



John McCain's campaign manager, Rick Davis, also has ties to Fannie Mae, though less directly.



sadly it took 2 seconds to find plenty of pages connecting obama and several minutes to find one connecting McCain. seems the search bar isn't what it used to be

Answer 3

Don't act like the Democrats are innocent in this Fannie and Freddie scandal because their fingerprints are all over this dating back to the Clinton administration.



Chris Dodd (D) is the chairman of the committee that regulates Fannie and Freddie and was the number one recepient of campaign contributions from Fannie and Freddie. Obama was number two and John Kerry was three.



Jim Johnson, disgraced former CEO of Fannie, was Obama's vice presidential search chairman, at least until he resigned under fire due to his role in providing subsidized sweetheart loans to Democratic Senators (including Obama) during his stint at CountryWide.



Franklin Raines, who participated in the accounting scandals to fix Fannie's books and deliver unwarranted bonuses to its top executives, is a top Obama adviser.



Corrupt "Community Organizer" organization ACORN, an institutional ally of Barack Obama, lobbied Freddie and Fannie to extend even more risky loans to credit-poor borrowers in the interest of ending "racial redlining." But they didn't end "racial redlining." What they ended was any credit-checking at all, as subprime mortgage providers simply stopped verifying self-reported claims of income and in fact ended even the most basic prudential element of a mortgage -- the down payment.

Answer 4

they all had their hand in the tax payers cookie jar. you people have got to stop believing all the propaganda being pumped out there. America is so un united right now it makes me sick. our founding fathers and millions of the men and women who died for our freedom are rolling over in their graves right now.



remember the old saying united we stand divided we fall. that still applies today

Answer 5

McCain is completely divorced from reality. Karl Rove told him that there was no way he was going to win unless he started using lies and demagoguery and character assassination, and McBush essentially said "oh Karl, whatever you say"

Answer 6

seems like a strategic error...



case of pot calling kettle black...

....and the pot is clearly blacker than Obama in this case..

Answer 7

With liberals, if you can't find 6 degrees of seperation to blame a republican, you make it up.

Answer 8

He didn't do his homework.