My friend Mike over at Mikes America has written a beautiful smackdown of the Dems and The One's connections to Fannie Mae. It is a must read but here is my favorite part...
Sen. Barack Obama is the No. 3 recipient of Fannie and Freddie campaign dollars, having collected $123,000 from the companies since he first ran for the Senate in 2004, according to the Federal Election Commission and the Center for Responsive Politics.
Both Fannie Mae and Freddie Mac used $174 million, to pay for lobbyists to insulate them from the tightened regulation and oversight that might have avoided this crisis. And it won’t surprise many readers to learn that Obama received over $126,000 in campaign contributions since first running for the Senate in 2004. Obama ranked #2 on the list which includes mostly Democrats.
By comparison, McCain received $21,550. Other top Democrats on Fannie Mae’s money list include Senator Chris Dodd, who received a favorable loan from a related mortgage company, John Kerry, Hillary Clinton, Harry Reid and Nancy Pelosi.
So now The ONE has the distinction of being #1 AND #2. Is this what he means when he calls for change?
Mike has this brilliant observation -
Democrats have spent more time investigating Sarah Palin than they have the crooks in their own party who are responsible for the financial crisis!
Then there is this statement from the smarmy smirker, Bill Burton, pointing out how out of touch McCain is...
Today of all days, John McCain's stubborn insistence that the 'fundamentals of the economy are strong' shows that he is disturbingly out of touch with what's going in the lives of ordinary Americans," spokesman Bill Burton said in a statement. "Even as his own ads try to convince him that the economy is in crisis, apparently his 26 years in Washington have left him incapable of understanding that the policies he supports have created an historic economic crisis."
Yeah Obama was "in touch" - with the wallets of those responsible for creating a historic economic crisis. I look forward to watching Mr. Burton attempt to blame McCain for Obama's connections to Fannie Mae.