Obama, Congressional Black Caucus and Fannie Mae

Discussion in 'Congress' started by The Paperboy, Sep 28, 2008.

  1. The Paperboy
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    The Paperboy Times Square

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  2. DavidS
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    DavidS Anti-Tea Party Member

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    Fannie Mae spent billions of dollars in lobbyists and trillions of dollars in bad mortgages. We could say that they were greedy bastards or we could say that they were trying to help people who could normally not afford a home, get one. Either way, I don't see the problem with being connected to Fannie Mae. It's like being connected to a drug user... they're not bad people, they're making bad choices.
     
  3. WillowTree
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    WillowTree Diamond Member

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    disagree vehemently. Big kickbacks to politicians. Raines the ceo made $500,000 per year and took 1.9 million in bonus pay. The whole damn thing is a big scam.

    no job, no income, no assest. does any of that make sense to you?
     
  4. DavidS
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    DavidS Anti-Tea Party Member

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    And McCai's campaign manager took in millions of dollars. Both parties have profited from Fannie Mae/Freddie Mac. What's your point?
     

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