Wednesday, September 24, 2008

So Sick of the Blame Game:

Do you know that in 2005/2006 McCain authored legislation for stricter regulations for mortgage companies like Fannie Mae and Freddie Mac. He tried to fix this problem but the senate shot him down every chance they got...now where are we???

Now Obama is trying to say that McCain's camp had money given to them by these companies...just look at the end of this post at the actual campaign contributions people.

I'm only pointing this out because there are many people to blame for our crisis. And of course there is so much more to it then just mortgage securities, but if people would stop pointing fingers for one minute and try to work together to end the issue, maybe we won't face another massive recession.

OpenSecrets Fannie Mae and Freddie Mac Invest in Democrats - Capital Eye: "Top Recipients of Fannie Mae and Freddie Mac
Campaign Contributions, 1989-2008

NameOfficeParty/StateTotal
1. Dodd, Christopher JSD-CT$133,900
2. Kerry, JohnSD-MA$111,000
3. Obama, BarackSD-IL$105,849
4. Clinton, HillarySD-NY$75,550
5. Kanjorski, Paul EHD-PA$65,500
6. Bennett, Robert FSR-UT$61,499
7. Johnson, TimSD-SD$61,000
8. Conrad, KentSD-ND$58,991
9. Davis, TomHR-VA$55,499
10. Bond, Christopher S 'Kit'SR-MO$55,400
11. Bachus, SpencerHR-AL$55,300
12. Shelby, Richard CSR-AL$55,000
13. Emanuel, RahmHD-IL$51,750
14. Reed, JackSD-RI$50,750
15. Carper, TomSD-DE$44,389
16. Frank, BarneyHD-MA$40,100
17. Maloney, Carolyn BHD-NY$38,750
18. Bean, MelissaHD-IL$37,249
19. Blunt, RoyHR-MO$36,500
20. Pryce, DeborahHR-OH$34,750
21. Miller, GaryHR-CA$33,000
22. Pelosi, NancyHD-CA$32,750
23. Reynolds, TomHR-NY$32,700
24. Hoyer, Steny HHD-MD$30,500
25. Hooley, DarleneHD-OR$28,750"

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