Received Nearly Half-Million Dollars
From Freddie Mac and Fannie Mae:

Dodd, Kerry, Obama, Clinton, Kanjorski

Dodd, Obama got nearly a quarter-million dollars from Freddie, Fannie

It’s like sending the foxes to fix the hole in the chicken coop.

Senators Chris Dodd and Barack Obama, among others, have stepped up to “fix” the financial crisis, brought on in large part by the implosion of Freddie Mac and Fannie Mae. Dodd and Obama were two of the three largest recipients of Freddie-Fannie campaign contributions.

The Freddie Fannie Five

The Freddie-Fannie Five

1. Sen. Dodd, Christopher J (D-CT) – $133,900
2. Sen. Kerry, John (D-MA) — $111,000
3. Sen. Obama, Barack (D-IL) – $105,849
4. Sen. Clinton, Hillary (D-NY) – $75,550
5. Rep. Kanjorski, Paul E (D-PA) – $65,500

The top five received nearly one-half million dollars from the FMx2. Dodd and Obama received almost a quarter million from the failed quasi-government agencies between the two of them.

From Open Secrets.org, “Fannie Mae and Freddie Mac Invest in Democrats“:

(For an updated chart that includes contributions from Freddie Mac and Fannie Mae’s PACs and employees to ALL lawmakers back to 1989, including to their leadership PACs, go here.) and data The federal government recently announced that it will come to the rescue of Freddie Mac and Fannie Mae, two embattled mortgage buyers that for years have pursued a lobbying strategy to get lawmakers on their side. Both companies have poured money into lobbying and campaign contributions to federal candidates, parties and committees as a general tactic, but they’ve also directed those contributions strategically. In the 2006 election cycle, Fannie Mae was giving 53 percent of its total $1.3 million in contributions to Republicans, who controlled Congress at that time. This cycle, with Democrats in control, they’ve reversed course, giving the party 56 percent of their total $1.1 million in contributions. Similarly, Freddie Mac has given 53 percent of its $555,700 in contributions to Democrats this cycle, compared to the 44 percent it gave during 2006.

Continue reading: Contributions: Obama, Dodd and the Freddie Fannie Five

by Mondo
Source: Contributions: Obama, Dodd and the Freddie Fannie Five

Mondoreb blogs at Death By 1000 Papercuts. Interested readers can e-mail him at
mondoreb@gmail.com. All DBKP stories are filed under Mondoreb at BNN.

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