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Originally Posted by The Strangler
Really? What about the fact that the top three recipients of Fannie and Freddie contributions were all democratic presidential nominees, including Barack Obama? Still all the Republicans fault? Even so, doesn't that show McCain as an individual who is a lot more qualified to recognize economic crisis than Barack?
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Ok, I'm going to stay out of most of the argument because I have better things to do than get drawn into a lengthy debate. However, I can't let this one slide.
Barack Obama is one of the top recipients of donations from Fannie and Freddie because lots of lower level employees who happen to work for Fannie and Freddie have donated to his campaign. Every donor is required to state their employer so that the campaigns can be sure that they are allowed to accept the donation. If you actually take a look at
the numbers, you will see that out of the $126,000 Obama has received from Fannie and Freddie, only $6,000 comes from PACs and $120,000 comes from individuals (i.e. people who are donating as private citizens and not as Fannie and Freddie lobbyists). It's pretty clear that Obama has simply received lots of $50 and $100 donations from people who happen to state that they work for Fannie and Freddie on their donation forms -- they are otherwise no different from the general public. To imply that the donations of several hundred individual donations from Fannie and Freddie employees to Barack Obama has anything to do with his policy positions is absurd.