What is the Fannie Mae-Obama crap?

[medeak]

Was thrown in my face weeks ago by right wing mother-in-law and couldn't find a thing. Now McCain brings it up today... Any one know what he's talking about?

[SoonerPride]

1. It is an outright LIE

The guy who ran Fannie Mae into the ground met with Obama once, so McDiapers thinks he's an "advisor."

[Yes We Did]

8. Um... Sorry, but there is a LITTLE something to this.

Snip:

Let me stipulate: Obama's Fannie Mae connections are completely fair game. But this ad doesn't even mention a far more significant tie--that of Jim Johnson, the former Fannie Mae chairman who had to resign as head of Obama's vice presidential search team after it was revealed he got a sweetheart deal on a mortgage from Countrywide Financial. Instead, it relies on a fleeting and tenuous reference in a Washington Post Style section story to suggest that Obama's principal economic adviser is former Fannie Mae Chairman Frank Raines. Why? One reason might be that Johnson is white; Raines is black.

http://www.huffingtonpost.com/2008/09/19/itimei-new-mccain-attack_n_127670.html

While he CLEARLY was not an advisor, there is an association there, and Obama needs to clean this up... NOW.

[medeak]

12. who got the sweetheart mortgage?

Was it Johnson or Obama? not clear to me?

[Yes We Did]

18. Johnson did, not Obama.

[ellacott]

17. Clean it up now? How?

The guy doesn't work for him anymore. When he did he didn't work as an advisor.

[Yes We Did]

20. If I knew how, I'd be running for President.

And I am well aware of what role Johnson played. It is still an association, and if he doesn't get out there and say something... You know how it works.

[ellacott]

22. Mccain has tarnished his image with his lies

If he had made this accusation a couple of months ago it may be a problem for Obama. All Obama has to do is make a statement. It appeared that you felt this is an urgent matter that needs immediate attention.
I could be wrong but I don't think it's such a big deal. McCain has actual advisors who were more involved with Fannie Mae and AIG.

[RememberWellstone]

25. WTF?? It's true?

I thought they were lying...holy shiit, these guys really did work for Fannie Mae?? Phuk me...that is not good. What was Obama thinking? damn.:freak:

[Sensitivity]

2. The BIG LIE. AND IT WILL GET BIGGER if Obama does not find a way to cut it down

[thewiseguy]

4. It will get bigger if Obama does not find a way to cut it down?

Man shut the hell up. Why do you insist on posting so much bs on DU?

[SoonerPride]

5. Just call a liar a liar to his face.

That's all

[Cosmic Charlie]

13. I guess you should just give up and go home

[Alhena]

3. You'd think Fannie Mae was a criminal organization- it acted much better than the private banks

who were taking "liar loans" and the link. Fannie Mae's standards were much higher.

[Lifetimedem]

6. I got an email on this from a friend

It pointed to money supposedly OB got from the CEO of Freddie and Fanny


I sent back an email with the list of McCain advisors I got here.

I told him to look at the roots and not to be distracted and look at the issues

[medeak]

9. that's what am talking about

now that Mc Cain said it on national tv... there has to be some details he's claiming?

[medeak]

7. Mc Cain said Obama "profited" from Fannie Mae.. wth?????

anyone have any info on where this is coming from? Not just advisor who vetted VP.... but the profiting remark is what I've been getting thrown in face and unable to respond.

[sandnsea]

10. Nobody forced banks to write no interest loans

The whole Freddie/Fannie thing is a farce to start with. Just because you encourage more low-income loans, it doesn't mean you intended those loans to be fraudulent. The whole thing is just another big fat Republican LIE.

[medeak]

11. finding info... it's campaign contributions from Fannie Mae

let's go into Mc Cain's campaign contributions!!!!

http://www.boston.com/news/politics/politicalintelligence/2008/09/mccain_hits_oba_7.html

[Joanne98]

14. LIE

[firedupdem]

15. Keith shot that lie down last nite. That Fannie guy met with

Obama once and has said himself he has nothing to do with advising Obama. How can McCain say anything when his whole campaign staff consists of lobbyist. I'm sure Obama will clean it up by saying it's total bullshit and lie as usual.

[ieoeja]

16. That Obama has some contacts with Fannie Mae connections. And McCain has a LOT.

"Just one more reason to support Obama. Thanks for bringing up the subject, mom! I didn't know you were such an Obama supporter?"

[Schulzz]

19. CNN factcheck says misleading

http://politicalticker.blogs.cnn.com/2008/09/19/fact-check-did-obama-profit-from-fannie-and-freddie/

[medeak]

21. EXCELLENT!!! THANK YOU!!! n/t

[4themind]

23. Pretty simple answer, no need for hyperventilation from some

(not meaning you medeak heh). Obama received no direct money from the company entity itself, and decided long ago not to take money from Political Action Committees. The total money Obama received while more than McCain, includes money from employers of the company that donated individually, when you exclude this group and focus on only the lobbyists and management of fannie mae(you know the people that actually make decisions for this company) McCain earns more. More on a factcheck article on cnn.com

[OHdem10]

24. This is an organized effort on the part of Republicans to do their

usual "switcheroo" acts. There has been this drmbeat, channel to channel,
starting with "Bill Clinton signing a bill in '99 which according to
their spin actually started this problem. The story now progesses to
Obama and the Democrats. The whole idea is to cast doubts away from themselves laying blame at Democrats door. If the Democrats share the blame
the GOP believe they nwill do better in the GE.

Since Raines got into trouble at FMm, tying Obama to Raines is a trick
to weaken Obama.