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2centsworth
09-18-2008, 12:01 AM
one of Obama's top guys was the head of Fannie Mae.

http://www.reuters.com/article/wtMostRead/idUSWBT00916720080611

Nbadan
09-18-2008, 12:02 AM
Obama released him, unlike McCain who has held onto Phil Gramm...

2centsworth
09-18-2008, 12:04 AM
Obama released him, unlike McCain who has held onto Phil Gramm...

Phil Gramm was head of Fannie Mae

jackseven
09-18-2008, 12:04 AM
So question - does Obama take money from lobbyists or does he not?

Is this one of those circular things where the lobbyist $ arrives somehow but not through the front door?

Is it not even about money but Obama's policy coincide with more government help for the private sector?

Can someone educate me on this?

KenMcCoy
09-18-2008, 12:08 AM
So question - does Obama take money from lobbyists or does he not?

Is this one of those circular things where the lobbyist $ arrives somehow but not through the front door?

Is it not even about money but Obama's policy coincide with more government help for the private sector?

Can someone educate me on this?

Obama has taken about 130K from Fannie/Freddie in his 3 years in senate.

McCain has taken about 15K from Fannie/Freddie in his 22 years in senate.

Nbadan
09-18-2008, 12:08 AM
Every politician takes money from lobbyists....and there is only 6 degree of separation between any two people in the world, especially in Washington...so it's not surprising that one of Obama's chief strategists was affiliated with Fannie Mae, before it collapsed....the difference is that Obama recognized how unpopular Fannie and Freddie had become and released the guy, while McSame continues to hold onto the king of deregulation, Gramm..

2centsworth
09-18-2008, 12:09 AM
So question - does Obama take money from lobbyists or does he not?

Is this one of those circular things where the lobbyist $ arrives somehow but not through the front door?

Is it not even about money but Obama's policy coincide with more government help for the private sector?

Can someone educate me on this?

obama received $550,000 from fannie mae and knows an endless amount of 7yr olds with $2000 to donate.

Nbadan
09-18-2008, 12:14 AM
How much money has McCain taken from big oil? From Wall Street firms?

KenMcCoy
09-18-2008, 12:18 AM
Don't forget his association with Franklin Raines (another ex CEO of Fannie May) who is now one of his advisors...

http://seattletimes.nwsource.com/html/businesstechnology/2004358433_webraines18.html

http://www.washingtonpost.com/wp-dyn/content/article/2008/07/15/AR2008071502827.html

101A
09-18-2008, 07:25 AM
Every politician takes money from lobbyists....and there is only 6 degree of separation between any two people in the world, especially in Washington...so it's not surprising that one of Obama's chief strategists was affiliated with Fannie Mae, before it collapsed....the difference is that Obama recognized how unpopular Fannie and Freddie had become and released the guy, while McSame continues to hold onto the king of deregulation, Gramm..

I'm sorry, Dan.

What President signed that Bill?

I'm having trouble remembering.