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Obama caught red-handed.


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It was revealed today that Barack accepted a cool $500,000. in cash from Freddie and Fannie. NICE !! I wonder if Obama will be giving it back since the taxpayers are footing the bill.

Not even close to the truth, Dumbo. Not that that would stop you from lying. It's all you know how to do.

You let us know when you have some evidence for this accusation.

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It was revealed today that Barack accepted a cool $500,000. in cash from Freddie and Fannie. NICE !! I wonder if Obama will be giving it back since the taxpayers are footing the bill.

No wonder we have problems. A quasi governmental agency paying off politicians. It was less than 500,000 but Obama was the second largest recipient. Our tax dollars at work. Don't expect to get it back.

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Not even close to the truth, Dumbo. Not that that would stop you from lying. It's all you know how to do.

You let us know when you have some evidence for this accusation.

It's been on all the news programs, turn your TV on.

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No wonder we have problems. A quasi governmental agency paying off politicians. Our tax dollars at work. Don't expect to get it back.

No wonder we have problems. People who are completely blinded by partisanship accept accusations without proof. Then they vote based on the myth they've allowed liars to create for them.

We know the Republicans have been lying about Obama, but it didn't work this time because the media called them out on it, including independent sources like factcheck.com and several prominent conservatives. There's no end to the number of lies Rovian Republicans will tell if they think it will win them an election. That's not partisan spin. It's a fact, as evidenced by the agreement of independent organizations and honest conservatives.

Take Kerry vs. Bush in 2004. The right wing managed to portray a war hero negatively and a cowardly chicken hawk heroically. The country re-elected the chicken hawk, who continued his disastrous war, which had nothing to do with keeping us safe, everything to do to do with the myths his lying advocates created for him and the lies on which it was based.

Who pays the price?

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Not even close to the truth, Dumbo. Not that that would stop you from lying. It's all you know how to do.

You let us know when you have some evidence for this accusation.

He's right actually to a degree, Freddie/Fannie's contributor lists are public record, and Chriss Dodd (d), John Kerry (d) and Barak Obama (d) are the largest doners on record, #1,2, and 3 in amounts respectively.

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

Republicans start in at #6, and it's pretty even from there Down. IIRC McCaine recieved something onthe order of $15K, Biden only $1500.00, and Palin is fanny/freddie-free

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He's right actually to a degree, Freddie/Fannie's contributor lists are public record, and Chriss Dodd (d), John Kerry (d) and Barak Obama (d) are the largest doners on record, #1,2, and 3 in amounts respectively.

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

Republicans start in at #6, and it's pretty even from there Down. IIRC McCaine recieved something onthe order of $15K, Biden only $1500.00, and Palin is fanny/freddie-free

I'd like to see a link to your souce, but even assuming the above is true, the argument is illogical. Just because Fannie and Freddie just went into the tank and are the latest news doesn't mean their selection of candidates to support is tainted.

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I'd like to see a link to your souce, but even assuming the above is true, the argument is illogical. Just because Fannie and Freddie just went into the tank and are the latest news doesn't mean their selection of candidates to support is tainted.

More Kool-Aid logic.

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Guest *Autonomous*
He's right actually to a degree, Freddie/Fannie's contributor lists are public record, and Chriss Dodd (d), John Kerry (d) and Barak Obama (d) are the largest doners on record, #1,2, and 3 in amounts respectively.

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

Republicans start in at #6, and it's pretty even from there Down. IIRC McCaine recieved something onthe order of $15K, Biden only $1500.00, and Palin is fanny/freddie-free

Of course, that changes when you look at who the officials gave money too:

http://graphics8.nytimes.com/images/2008/0...nie.graphic.jpg

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Of course, that changes when you look at who the officials gave money too:

http://graphics8.nytimes.com/images/2008/0...nie.graphic.jpg

Your graphic and this story don't agree.

http://latimesblogs.latimes.com/washington...age-giants.html

It would be better if you posted the story that went with the graphic. This way we can get some context out of this.

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Guest *Autonomous*
Your graphic and this story don't agree.

http://latimesblogs.latimes.com/washington...age-giants.html

It would be better if you posted the story that went with the graphic. This way we can get some context out of this.

Actually it does. Your story is the amount given by the corporate donor, the chart is the amount given by the board members. It is a pretty common tactic.

Jeez people-the story was sourced. Look it up yourselves before dismissing it.

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Actually it does. Your story is the amount given by the corporate donor, the chart is the amount given by the board members. It is a pretty common tactic.

Jeez people-the story was sourced. Look it up yourselves before dismissing it.

Where's your story? All you did was show a chart.

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Republicans never waste a minute rewriting the history books.

Its not a rewrite. These things are in the congressional record as is the bill co-sponsored by McCain. The link to the bill was given in the article

http://thomas.loc.gov/cgi-bin/bdquery/z?d109:SN00190:@@@P

Obama now decries all these financial irregularities, but notice that he did not do anything to resolve this, unlike McCain.

McCain is also right in asking to have Cox, the SEC Chairman replaced. Cox is the head of the SEC which changed the regulations to allow the financial houses to leverege 40 to 1 on their loans.

MR. ZUCKERMAN: Well, the single greatest contributor to the housing bubble was Fannie and Freddie. And everybody knew that Fannie and Freddie was -- they were two institutions, two government- sponsored enterprises, that were out of control in terms -- they made over $600 billion of investments in subprime mortgages in the first six years of this century, and that contributed mightily to what we are all now having to deal with. And Paulson, when he said the core of the problem was the collapse of housing, that's where it all started, in the subprime field. And in fairness, Obama did nothing on that.

However, Cox, the SEC commissioner, was the man who sat there while they doubled and even tripled --

MR. MCLAUGHLIN: Really?

MR. ZUCKERMAN: -- the ability of financial houses to use leverage. They went from a maximum of 12 to 1 to as high as 40 to 1.

MR. ZUCKERMAN: Cox is on the SEC. The SEC has no jurisdiction over Fannie and Freddie, as a practical matter. The Congress did. The Congress refused to regulate them, even though people like McCain said, "You've got to regulate them," and not only McCain. I mean, this started in the Democratic administration. It was a Democratic honey pot.

MR. ZUCKERMAN: It's $6 trillion. We're talking 6,000 billion dollars. That was the single greatest contributor to the speculation in the housing world. The other side of it was the overuse of leverage by the financial --

MR. MCLAUGHLIN: Wait a minute, Eleanor. Did McCain call for the resignation of Chris Cox --

MR. ZUCKERMAN: Yes.

MR. MCLAUGHLIN: -- from the Securities and Exchange Commission?

MR. ZUCKERMAN: Yes, he did.

MR. MCLAUGHLIN: Why?

MR. ZUCKERMAN: Because they changed the regulations or relieved the regulations that would have contained the leverage or the excess borrowing or the excessive use of debt in all of Wall Street, particularly the top five firms. They gave them special treatment. Morgan Stanley, Goldman Sachs has still survived; Lehman Brothers, Merrill Lynch and Bear Stearns, who no longer survived. Three out of the five blew up, and that is a testament to what they allowed them to do.

From the McLaughlin group telecast 9/21

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Guest *Autonomous*
But who is responsible for this mess. I offer the following article.

http://www.bloomberg.com/apps/news?pid=new...id=aSKSoiNbnQY0

Enjoy.

Kevin Hassett, the author of the article is an adviser to John McCain.

Here's an actual substantial critique of the bill in question:

http://www.aei.org/publications/pubID.22705/pub_detail.asp

The fact is, the Republicans have been the party of deregulation since Goldwater. In an article he wrote for Contingencies magazine (out now!) McCain said:

Opening up the health insurance market to more vigorous nationwide competition, as we have done over the last decade in banking, would provide more choices of innovative products less burdened by the worst excesses of state-based regulation.

Source:

http://www.contingencies.org/septoct08/mccain.pdf

(side note-see how easy it is to source what you say, 2Dim? Perhaps if you tried it you'd have some credibility.)

I imagine McCain probably wishes he hadn't written that. :D

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