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Old 09-21-2008, 09:22 PM
 
1,162 posts, read 2,109,685 times
Reputation: 360

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Obama...but when will the media investigate this??? He's knee deep in this mess and the media and congress are mum. If this was McCain his career would be over with. He's just another corrupt Chicago politician.


Fanny, Freddie, and Obama
By The Prowler
Published 9/8/2008 12:08:38 AM

When President George W. Bush nominated Henry Paulson to serve as Treasury Secretary, Republicans raised a red flag that Paulson, who, along with his wife, has strong ties to the Democrat party, would not be an honest broker with Republicans.

That seems to have been borne out, with sources inside of Treasury reporting that Paulson briefed Sen. Barack Obama and his campaign advisers on the Fannie Mae and Freddie Mac bailout plan before offering such a briefing to the McCain campaign.

In fact, the McCain campaign had sought a similar briefing several days ago as word spread that a bailout plan was to be unveiled and had been turned down by Paulson's senior staff.

The next question is: Why was the Obama campaign so keen on getting advanced word about the bailout?

"They have a huge problem with the mortgage and housing market story, and everyone is missing it," says a Republican political media consultant with ties to the Obama campaign due to the bipartisan nature of the firm he does work with.

"You look at Obama's economic advisers, the guys he has counted on from day one and who have raised him a ton -- and I mean a ton -- of money: Franklin Raines and Jim Johnson, both of them are waist to neck deep in the mortgage debacle."

Both Raines and Johnson have served as CEO of Fannie Mae, with Raines taking over from Johnson. Both are key political and economic advisers to Obama.

"How can Obama go out with a straight face and saw it was Republicans who made this mess, when it is his key advisers who ran the agencies that made the big mess what it is?" says a Democrat House member who supported Sen. Hillary Rodham Clinton. "It's his people who are responsible for what may well be the single largest government bailout in history. And every single one of them made millions off the collapse that are lining Obama's campaign coffers. If the McCain campaign lets this one go, they deserve to lose."

It isn't just Fannie Mae where Obama has a problem. Another close political adviser, in fact the one man responsible for rallying support for Obama early on among Congressional Democrats, is Rep. Rahm Emanuel, who served on the Board of Directors for Freddie Mac after leaving the Clinton White House. According to Freddie Mac insiders, Emanuel during his time on the board opposed every reform proposed by the Bush Administration that would have impacted Freddie and Fannie Mae.

Emanuel claimed to be neutral in the primary race between the wife of his old boss and his longtime Chicago acquaintance, Obama. But the chairman of the House Democratic Caucus, who would be first in line for the vacated Senate seat of Obama should he win the presidency, quickly dumped Clinton when it was clear Obama had a head of steam for the nomination.

"We ought to be able to -- rightly -- hang the Fannie and Freddie scandal around the neck of Obama, if they can get out in front," says a House Republican. "Middle-class folks' mortgages are probably safe, but the American taxpayer will also be paying for this scandal for years to come."

Last edited by amcjap; 09-21-2008 at 09:33 PM..
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Old 09-21-2008, 09:28 PM
 
2,215 posts, read 3,619,675 times
Reputation: 508
He has had a free ride on every single issue. If it were anyone else they would be done. Its time the people do their own research and expose this guy. We cannot allow him within 10 feet of the White House or our lives and country will change for the worse forever.
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Old 09-21-2008, 09:31 PM
 
7,359 posts, read 10,289,472 times
Reputation: 1893
Quote:
Originally Posted by Sunshine Chick View Post
He has had a free ride on every single issue. If it were anyone else they would be done. Its time the people do their own research and expose this guy. We cannot allow him within 10 feet of the White House or our lives and country will change for the worse forever.
How so? How will it be changed "for the worse"? I mean, worse than it has already been changed by 8 years of Republican rule?
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Old 09-21-2008, 09:32 PM
 
69,368 posts, read 64,196,228 times
Reputation: 9383
Quote:
Originally Posted by Sunshine Chick View Post
He has had a free ride on every single issue. If it were anyone else they would be done. Its time the people do their own research and expose this guy. We cannot allow him within 10 feet of the White House or our lives and country will change for the worse forever.
Yes, the country will be change for the worse, but I'm not sure I'd give Obama the blame for this one. The fault lies more with the Democratic Congress.

I have no problem with Democrats taking the White House.. lets give Congress back to the Republicans where it belongs..
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Old 09-21-2008, 09:34 PM
 
Location: Chicagoland
41,325 posts, read 45,000,570 times
Reputation: 7118
They want him to win..period. They won't investigate anything that might hurt him.

Can you imagine if this were a republican candidate with all those nefarious connections to racists, haters and criminals? He would be OUT, no doubt about it.

McCain will be bringing these up;

The Weekly Standard

Quote:
McCain advisers say that they see “attack by association” as fair game now, arguing that Obama’s campaign has been using that technique to go after McCain. In particular, the Obama campaign has hammered McCain on the stump and in TV ads on the number of one-time lobbyists working for his campaign. (The McCain campaign is also angry about a Spanish-language TV ad that ties McCain to Rush Limbaugh on immigration, without ever saying that McCain took on Limbaugh and others to fight for comprehensive immigration reform.)

“They played it one way, we played it another way,” said one of McCain’s top advisers, Mark Salter. “Now we’re both going to play it the same way.”
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Old 09-21-2008, 09:35 PM
 
31,687 posts, read 41,086,927 times
Reputation: 14434
Quote:
Originally Posted by amcjap View Post
Obama...but when will the media investigate this??? He's knee deep in this mess and the media and congress are mum. If this was McCain his career would be over with. He's just another corrupt Chicago politician.


Fanny, Freddie, and Obama
By The Prowler
Published 9/8/2008 12:08:38 AM

When President George W. Bush nominated Henry Paulson to serve as Treasury Secretary, Republicans raised a red flag that Paulson, who, along with his wife, has strong ties to the Democrat party, would not be an honest broker with Republicans.

That seems to have been borne out, with sources inside of Treasury reporting that Paulson briefed Sen. Barack Obama and his campaign advisers on the Fannie Mae and Freddie Mac bailout plan before offering such a briefing to the McCain campaign.

In fact, the McCain campaign had sought a similar briefing several days ago as word spread that a bailout plan was to be unveiled and had been turned down by Paulson's senior staff.

The next question is: Why was the Obama campaign so keen on getting advanced word about the bailout?

"They have a huge problem with the mortgage and housing market story, and everyone is missing it," says a Republican political media consultant with ties to the Obama campaign due to the bipartisan nature of the firm he does work with.

"You look at Obama's economic advisers, the guys he has counted on from day one and who have raised him a ton -- and I mean a ton -- of money: Franklin Raines and Jim Johnson, both of them are waist to neck deep in the mortgage debacle."

Both Raines and Johnson have served as CEO of Fannie Mae, with Raines taking over from Johnson. Both are key political and economic advisers to Obama.

"How can Obama go out with a straight face and saw it was Republicans who made this mess, when it is his key advisers who ran the agencies that made the big mess what it is?" says a Democrat House member who supported Sen. Hillary Rodham Clinton. "It's his people who are responsible for what may well be the single largest government bailout in history. And every single one of them made millions off the collapse that are lining Obama's campaign coffers. If the McCain campaign lets this one go, they deserve to lose."

It isn't just Fannie Mae where Obama has a problem. Another close political adviser, in fact the one man responsible for rallying support for Obama early on among Congressional Democrats, is Rep. Rahm Emanuel, who served on the Board of Directors for Freddie Mac after leaving the Clinton White House. According to Freddie Mac insiders, Emanuel during his time on the board opposed every reform proposed by the Bush Administration that would have impacted Freddie and Fannie Mae.

Emanuel claimed to be neutral in the primary race between the wife of his old boss and his longtime Chicago acquaintance, Obama. But the chairman of the House Democratic Caucus, who would be first in line for the vacated Senate seat of Obama should he win the presidency, quickly dumped Clinton when it was clear Obama had a head of steam for the nomination.

"We ought to be able to -- rightly -- hang the Fannie and Freddie scandal around the neck of Obama, if they can get out in front," says a House Republican. "Middle-class folks' mortgages are probably safe, but the American taxpayer will also be paying for this scandal for years to come."
JustOneMinute: WaPo To McCain - You Effed Up... You Trusted Us
WaPo To McCain - You Effed Up... You Trusted Us

The Fact Checkers at Animal Post couldn't be funnier - they give McCain two Pinnochios for lying in an ad that relied on Washington Post reporting:
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Old 09-21-2008, 09:37 PM
 
1,372 posts, read 3,769,130 times
Reputation: 459
Fannie and Freddie are both apparatus for "designing" ways to give loans to minorities, poor people or otherwise people ineligible for loans. Obama was the 2nd biggest lobbyist for these organizations. If anything smells funny, it's O-Bomb-A's actions in this whole collapse.
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Old 09-21-2008, 09:37 PM
 
31,687 posts, read 41,086,927 times
Reputation: 14434
Obama's Fannie Mae 'Connection' - Fact Checker
The Pinocchio Test

The McCain campaign is clearly exaggerating wildly in attempting to depict Franklin Raines as a close adviser to Obama on "housing and mortgage policy." If we are to believe Raines, he did have a couple of telephone conversations with someone in the Obama campaign. But that hardly makes him an adviser to the candidate himself -- and certainly not in the way depicted in the McCain video release.
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Old 09-21-2008, 09:37 PM
 
4,604 posts, read 8,240,237 times
Reputation: 1266
The MSM won't expose this until it becomes public that they bend over for 'bama. This is probly their last real election, they just wanna have a good time.
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Old 09-21-2008, 09:37 PM
 
7,359 posts, read 10,289,472 times
Reputation: 1893
Quote:
Originally Posted by amcjap View Post
Obama...but when will the media investigate this??? He's knee deep in this mess and the media and congress are mum. If this was McCain his career would be over with. He's just another corrupt Chicago politician.


Fanny, Freddie, and Obama
By The Prowler
Published 9/8/2008 12:08:38 AM

When President George W. Bush nominated Henry Paulson to serve as Treasury Secretary, Republicans raised a red flag that Paulson, who, along with his wife, has strong ties to the Democrat party, would not be an honest broker with Republicans.

That seems to have been borne out, with sources inside of Treasury reporting that Paulson briefed Sen. Barack Obama and his campaign advisers on the Fannie Mae and Freddie Mac bailout plan before offering such a briefing to the McCain campaign.

In fact, the McCain campaign had sought a similar briefing several days ago as word spread that a bailout plan was to be unveiled and had been turned down by Paulson's senior staff.

The next question is: Why was the Obama campaign so keen on getting advanced word about the bailout?

"They have a huge problem with the mortgage and housing market story, and everyone is missing it," says a Republican political media consultant with ties to the Obama campaign due to the bipartisan nature of the firm he does work with.

"You look at Obama's economic advisers, the guys he has counted on from day one and who have raised him a ton -- and I mean a ton -- of money: Franklin Raines and Jim Johnson, both of them are waist to neck deep in the mortgage debacle."

Both Raines and Johnson have served as CEO of Fannie Mae, with Raines taking over from Johnson. Both are key political and economic advisers to Obama.

"How can Obama go out with a straight face and saw it was Republicans who made this mess, when it is his key advisers who ran the agencies that made the big mess what it is?" says a Democrat House member who supported Sen. Hillary Rodham Clinton. "It's his people who are responsible for what may well be the single largest government bailout in history. And every single one of them made millions off the collapse that are lining Obama's campaign coffers. If the McCain campaign lets this one go, they deserve to lose."

It isn't just Fannie Mae where Obama has a problem. Another close political adviser, in fact the one man responsible for rallying support for Obama early on among Congressional Democrats, is Rep. Rahm Emanuel, who served on the Board of Directors for Freddie Mac after leaving the Clinton White House. According to Freddie Mac insiders, Emanuel during his time on the board opposed every reform proposed by the Bush Administration that would have impacted Freddie and Fannie Mae.

Emanuel claimed to be neutral in the primary race between the wife of his old boss and his longtime Chicago acquaintance, Obama. But the chairman of the House Democratic Caucus, who would be first in line for the vacated Senate seat of Obama should he win the presidency, quickly dumped Clinton when it was clear Obama had a head of steam for the nomination.

"We ought to be able to -- rightly -- hang the Fannie and Freddie scandal around the neck of Obama, if they can get out in front," says a House Republican. "Middle-class folks' mortgages are probably safe, but the American taxpayer will also be paying for this scandal for years to come."
False. As usual.

McCain Charges Obama with Taking Advice from Raines | The Trail | washingtonpost.com
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