[clue-talk] Fwd: [clue-tech] Was: ... Giveaway

[Nate Duehr]

Collins Richey wrote:
> On Wed, Oct 29, 2008 at 7:56 AM, Michael Fierro <miguelito at biffster.org> wrote:
> 
> 
>> Distilled down, the point is: if the Bush administration had allowed regulation of the mortgage market, we would not be in the mess we are currently in. That's simplified, of course, but works as an elevator pitch.
>>
> 
> Sorry, but you're dead wrong there. McCain authored? heavily
> supported? a bill to re-regulate Fannie/Freddie, and the Democrats
> shot it down. GWB, however, as far as I know, never pushed the issue
> one way or the other - guilt by silence rather than action.

Sigh, I'm almost afraid to post this, but...

Senator Obama was the highest-paid Senator *ever* in campaign donations 
by Fannie Mae.  This is just fact.

There was a strong monetary reason to leave Fannie and Freddie alone, 
and it was campaign donations... with that, I'll shut up.

Nate