OBAMA BEST BUDDY OF FANNIE MAE

While Obama has been running a campaign of "for the people" may be soon crashing. Sarah Palin may not even be a factor.

He opened his campaign to millions of people, via the internet, seeking their small donations to fund his “for the people” campaign. He raised untold millions taking the hopes of these people to what he promised "CHANGE." What they are getting today may bring them to their senses that Obama is the typical political hack out of Chicago. Who will say anything and do anything to get their vote. Let alone their hard earned money, if he gets elected.

Most everyone here in the United States has known for a couple of months that the mortgage companies where in deep trouble which includes both Freddie Mac and Fannie Mae. Congress has known for much longer that these two companies where in deep trouble.

Well today Fannie Mae and Freddie Mac where taken over by the government. That the stock holders where left with nothing and US could have slipped into a depression even worse then rocked the US back in the 1930’s. Had the government not stepped in untold US banks would have collapsed within days, weeks, or a few months. There is not enough money is the government bank insurance plan to cover people’s savings. Oil would have been the least of our problems. I know this comes a shock but wait a few weeks as more details come out. Oh, this is not Bush's fault if you look at the Fannie & Freddie are setup with little oversight from the feds.

So how does Obama play into this?

Well out of the nearly two dozen candidates running for president he was number one in the hearts of Fannie Mae. Out of the top 100 contributions Obama received 56 checks for a total of $64,000. Sadly, John McCain’s campaign took 4 checks for $3,300. The top brass over at Freddie Mac did not hand out as much money as of 7-31-08 (last available data available until 9-30-08 for the August figures). Out of 91 listed contributions Obama took down 35 of them for $29,000. McCain received 8 checks for $7,900.

Here is a interesting list of donors Obama collected from before his run for president. Keep in mind he was a freshman senator with no zero influence in the senate.

Goldman Sachs (Investment Bankers) $693,830
JPMorgan Chase & Co (Investment Bankers) $454,921
Lehman Brothers (Investment Brokers) $365,922
Moveon.org (Internet) $347, 483
Morgan Stanley (Investment Banker) $314,638

My guess is Obama, if confronted by media, will say he did not know about it. Then followed by the money is being returned and he will throw one more body under the bus for accepting such.

As for McCain, I think he owes an explanation as well.

Guess who was right behind Obama? Come on and take a wild guess! OK, here is a clue. She is a Democrat. Go figure!