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September 18, 2008

Video: 'Fannie Mae CEO calling Obama and the Dems the "Family" and "Conscience" of Fannie Mae'

Topics: Political News and commentaries

Via NakedEmperorNews, this video shows Daniel Mudd, Fannie Mae's CEO, calling Obama and the Democrats, and especially the Congressional Black Caucus, the "Family" and "Conscience" of Fannie Mae.

Don't be deluded by Democratic spin, the Banking Failures are a domino-effect of the Housing Crisis, which was caused by mortgage lenders handing out bad loans to people who did not manage their money properly and who shouldn't have been given a loan in the first place. The biggest offenders were Fannie Mae and Freddie Mac:

The Democrats have been taking PAYOFFS from Fannie and Freddie to look the other way FOR DECADES!

NOW VIDEO FOUND of the CEO of Fannie Mae in 2005 explaining the "FAMILY" connection with Democrats

And specifically Barack Obama and the Congressional Black Caucus

Contrary to Nancy Pelosi's spinning, President Bush Fought to Regulate Freddie Mac and Fannie Mae 5 Years Ago Until Democrats Stopped Him. As a matter of fact, both President Bush and John McCain each tried to reform Fannie Mae and the Democrats Blocked them both times.

Related reading: Congress Tries To Fix What It Broke

Posted by Richard at September 18, 2008 2:51 PM

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• Video: 'Fannie Mae CEO calling Obama and the Dems the "Family" and "Conscience" of Fannie Mae' - Sep 18, 2008