Obama and Lehmans

iVillage Member
Registered: 12-17-2006
Obama and Lehmans
16
Wed, 09-17-2008 - 2:37pm
The turmoil in the capital markets is bad news and is forcing each candidate to reassess their current pronouncements on the economy. So, let’s ask some questions. Of the two candidates for President, who got the most money from the two financial giants now in the news–Lehman Brothers and AIG?

McCain received $117,500 from Lehman Bros.
Obama received $370,524 from Lehman Bros.


How about AIG?


John McCain got $36,875 from AIG
Barack Obama raked in $75,899 (+205%)


Got that? Barack Obama, the guy who supposedly is not beholden to special interests, took three times as much money from Lehman Brothers and more than twice as much from AIG.


Gee, and who did the now Government financed mortgage broker Fannie Mae give its money to when it wanted to influence a politician?


OpenSecrets lists the top three politicians in which FNMA “invested” from 1989 to 2008.


Top Recipients of Fannie Mae/Freddie Mac Campaign Contributions, 1989-2008Name Office State Party Grand Total


Dodd, Christopher S CT D $165,400
Obama, Barack S IL D $126,349 ($6000 came from the PAC)
Kerry, John S MA D $111,000


What about McCain?


The folks at Fannie Mae didn’t show him a lot of love. According to Open Secrets:


McCain, John S AZ R $21,550 (all from individuals).


Oh yeah, and who tabbed the former head of Fannie Mae to head up his Vice Presidential search team? OBAMA, that’s who. Back in May Barack turned to Jim Johnson, former CEO of Fannie Mae.


When it came time for a tough decision who did Barack turn to? A former community organizer per chance? Hell no! He went with the inside the beltway uber lobbyist.”

Photobucket

Pages

iVillage Member
Registered: 08-13-2008
Fri, 09-19-2008 - 11:21pm
I ask because their problems are of relatively recent creation. If they served prior to this millennium, then they are probably fine.

Full length fiction: worlds undone

"You have no power over my body..." ~ Anne Hutchinson

iVillage Member
Registered: 08-25-2008
Sat, 09-20-2008 - 4:19pm
Not really... the most recent of them left just in 2005.
iVillage Member
Registered: 08-13-2008
Sat, 09-20-2008 - 4:44pm
Then I would agree. 2005 would be within the disaster window.

Full length fiction: worlds undone

"You have no power over my body..." ~ Anne Hutchinson

iVillage Member
Registered: 10-01-2004
Sun, 09-21-2008 - 6:30pm
McCain warned about the coming crisis in 2005 and sponsored a bill intended to avert same.
iVillage Member
Registered: 08-20-2008
Sun, 09-21-2008 - 6:42pm
LOL - he does have the little cretin Phil Gramm in the background though....
iVillage Member
Registered: 08-20-2008
Sun, 09-21-2008 - 6:44pm
Is that the bill that was discussed before?

Pages