Friday, October 03, 2008

What Else Are You Not Hearing?

Here's a story published by the non-partisan Center for Responsive Politics in July, well before the collapse of Fannie Mae and Freddie Mac. They give the highest cumulative donations from Freddie and Fannie to political coffers over the last 20 years, from 1989 to 2008.

Of course, this is a bi-partisan problem, as we are continually told. Here are the top four recipients of Fannie and Freddie's political largesse since 1989:

1. Dodd, Christopher J
D-CT
$133,900

2. Kerry, John
D-MA
$111,000

3. Obama, Barack
D-IL
$105,849

4. Clinton, Hillary
D-NY
$75,550

In other words, Barack Obama, after three whole years in the Senate, has had more money showered on him by Fannie Mae and Freddie Mac than all but two other people in the entire 535-member Congress. Dodd has been in the Senate since 1981 and is the longest-serving senator in Connecticut history. Kerry's been in the Senate since 1985. Obama has nearly equalled both in just three short years of drinking out of the Freddie and Fannie spout.

Hmmm. I wonder how it is that in the middle of a presidential campaign where the primary issue has become a financial catastrophe initiated by the collapse of Fannie Mae and Freddie Mac, nobody in the media seems to mention that on a per-year basis, Barack Obama is more in the pockets of both than any other memeber of Congress by far?

But at least we're getting to the bottom of that important "what magazines does Sarah Palin read?" story.

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