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Explosive CEO calling Obama and Dems the "Family" "Conscience" of Fannie Mae The Banking Failures are because of the Housing Crisis, which was caused by mortgage lenders handing out bad loans and the biggest offenders: 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

Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis. At a 2004 hearing see Democrat after Democrat covering up and attacking the regulations to protect Fannie Mae and Freddie Mac (their Cash Cows) that are now destroying our economy because the Democrats let them cheat.

Wow! This was good. O'Reilly talked to Barney Frank in the only language he understands- Screaming. It was great to see the Dem Rep put in his place for his role in the mortgage crisis.

jaco pastorius fannie mae with peter erskine on drums, and i think one of the brecker brothers

Barack Obama accuses John McCain of supporting policies that damage our economy. Let's see who really supported the policies that damaged our economy...

The story of Fannie Mae, as narrated by The Band

Sen. Jim Bunning (R-Ky.) questions the wisdom of a government buyout of Fannie Mae and Freddie Mac during a Senate Banking Committee hearing (July 15, 2008).

Barack Obama who has decided to continue campaigning in the face of a possible failure on the bailout of the banking crisis may be called irresponsible considering the Democratic Congress has accepted money from Both Fannie Mae and Freddie Mac during a time when Republicans Like John McCain were introducing legislation that could have averted this crisis, others like Chris Dodd and Barney Frank have stood in the way of such legislation while Senator Barack Obama seems to have been holding his tongue on the matter. See This Link for Contributions made to Barack Obama, Chris Dodd, Barney Frank, John Kerry and others in congress responsible for the failures: http://www.opensecrets.org/

Your, your children's and grandchildren's financial future is at risk. Here. Now. Today. This is what you need to know, and what you need to do. Here. Now. Today.

An edit I made of the great George Formby. With his classic phrase "Turned out nice again hasn't it" which was placed backwards as spoken by John Lennon on Beatles song Free as a BIrd. Lennon,McCartney and mainly George Harrison were huge George Formby fans.

Lawmakers say Fannie Mae & Freddie Mac unlikely to go under, too large to fail; Analysis by Senator John McCain, (R) Presidential Candidate; Together, FNM and FRE own or guarantee about half of $12 trillion US home loans; Treasury's Paulson says capital i

For HIGH QUALITY: http://www.youtube.com/watch?v=r7dq9pB_Tz8&fmt=18 A musical parody of the Seal song "Kiss From A Rose," about the housing bubble, the bailouts and the financial crisis. For "THAT ROSE, FANNIE MAE" and many more great political musical parodies, visit VERSUS -- where politics and culture do their time in rhyme -- at http://versusplus.com.

http://www.govtrack.us/congress/record.xpd?id=109-s20060525-16&bill=s109-190 McCain tried, but the Democrats blocked it. Blame the Democrats for this mortgage "crisis". They are the ones who started this baloney that anyone and everyone should be able to get a loan to buy a house. "Don't discriminate, why should it matter if they are poor, why should only people with money be able to buy a house, who cares if they don't have a 10% down payment, we the government will take the risk. Well we the people (government) took the risk, and now we must pay the price. Fannie Mae and Freddie Mac Invest in Democrats Published by Lindsay Renick Mayer on July 16, 2008 5:27 PM 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. Fannie Mae and Freddie Mac have also strategically given more contributions to lawmakers currently sitting on committees that primarily regulate their industry. Fifteen of the 25 lawmakers who have received the most from the two companies combined since the 1990 election sit on either the House Financial Services Committee; the Senate Banking, Housing & Urban Affairs Committee; or the Senate Finance Committee. The others have seats on the powerful Appropriations or Ways & Means committees, are members of the congressional leadership or have run for president. Sen. Chris Dodd (D-Conn.), chairman of the Senate banking committee, has received the most from Fannie and Freddie's PACs and employees ($133,900 since 1989). Rep. Paul Kanjorski (D-Pa.) has received $65,500. Kanjorski chairs the House Financial Services Subcommittee on Capital Markets, Insurance and Government-Sponsored Enterprises, and Freddie Mac and Fannie Mae are government-sponsored enterprises, or GSEs. Top Recipients of Fannie Mae and Freddie Mac Campaign Contributions, 1989-2008 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 5. Kanjorski, Paul E D-PA $65,500 6. Bennett, Robert F R-UT $61,499 7. Johnson, Tim D-SD $61,000 8. Conrad, Kent D-ND $58,991 9. Davis, Tom R-VA $55,499 10. Bond, Christopher S 'Kit' R-MO $55,400 11. Bachus, Spencer R-AL $55,300 12. Shelby, Richard C R-AL $55,000 13. Emanuel, Rahm D-IL $51,750 14. Reed, Jack D-RI $50,750 15. Carper, Tom D-DE $44,389 16. Frank, Barney D-MA $40,100 17. Maloney, Carolyn B D-NY $38,750 18. Bean, Melissa D-IL $37,249 19. Blunt, Roy R-MO $36,500 20. Pryce, Deborah R-OH $34,750 21. Miller, Gary R-CA $33,000 22. Pelosi, Nancy D-CA $32,750 23. Reynolds, Tom R-NY $32,700 24. Hoyer, Steny D-MD $30,500 25. Hooley, Darlene D-OH $28,750

John Gibson On Obama's Contributions From Fannie and Freddie

Special Report with Brit Hume.

Jim Rogers in interview with Bloomberg said that government has no authority to buy Fannie and Freddie stocks and should have allowed them to go under. He said also that Paulson and Bernanke hear only Wall Street but don't care about inflation and the rest of Americans. full interview: http://www.bloomberg.com/avp/avp.htm?clipSRC=mms://media2.bloomberg.com/cache/vIQvD7yNni2I.asf .

Executives of Enron, Worldcom, Tyco, and other corporations were sent to prison for securities fraud. Why aren't the executives who manipulated Fannie Mae and Freddie Mac for their own personal benefit also in prison? And why are they assisting the Obama campaign? "Invincible" ©2008 by Paranoaidi, used with permission

Arlo "updates" Tom Paxton's "I'm Changing My Name To Chrysler" for these times. When Arlo performed "Fannie Mae" at Farm Aid, I got tons of requests to post it... BTW,this is without drummer, Terry a la Berry. He had a gig in Texas. Abe Guthrie, keyboards, The Burns Sisters, (Marie, Annie & Jeannie),vocals, Jody Lampro, bass & Bobby Sweet, guitar! Live at The Guthrie Center Church October 11, 2008. Arlo is on tour now, titled "Lost World Tour" with this band and Terry a la Berry! Terry has played drums for Arlo for decades. For more information go to: www.risingsonrecords.com

Watch more at http://www.theyoungturks.com

Sen. Jim Bunning (R-Ky.) questions the wisdom of a government buyout of Fannie Mae and Freddie Mac during a Senate Banking Committee hearing (July 15, 2008).

Bailing out Fannie and Freddie makes situation worse, says Jim Rogers on CNBC on tuesday, 2008.07.15 full interview: http://www.cnbc.com/id/25684069 .

The collapse of government backed mortgage giants Fannie Mae and Freddie Mac caused the financial crisis now gripping the American economy. Who is to Blame? How did it happen? Follow the money. Senator Chris Dodd (D-CT), Chairman of the Senate Committee overseeing Fannie and Freddie received $165,400 in contributions from individuals and PACS for both mortgage giants since 1989. That's over $8,000 per year. But Obamas cash card is much better: Since taking office in January 2005 hes amassed over $126,000. Thats roughly $32,000 PER YEAR! Also along for the ride: Kerry, John $111,000 Reid, Harry $77,000 Clinton, Hillary $76,050 Pelosi, Nancy $56,250 Frank, Barney $42,350 Durbin, Dick $23,750 Schumer, Charles D $24,250 Is it any wonder that the 2005 reforms Senator McCain championed never passed? If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole. John McCain, May 26, 2005 Follow the money!

The dollar http://goldmoney.com/en/commentary.php Back to school sales http://www.oregonlive.com/business/index.ssf/2008/09/retailers_report_dismal_backto.html Dim Holiday season http://www.baltimoresun.com/business/bal-bz.retail05sep05,0,6035061.story Retirement myth http://www.usnews.com/articles/business/your-money/2008/09/03/parents-scale-back-on-retirement-and-college-savings.html Consumer Spending http://www.nytimes.com/2008/09/04/business/economy/04economy.html?_r=2&adxnnl=1&oref=slogin&ref=business&adxnnlx=1220804034-HRZ8Sl3V2x3DHhr6GrYBuw Credit Card defaults http://www.financialweek.com/apps/pbcs.dll/article?AID=/20080902/REG/809029980/1036 Option Arms http://us.ft.com/ftgateway/superpage.ft?news_id=fto090120081851438091&referrer_id=yahoofinance Fannie and Freddie http://www.marketwatch.com/news/story/us-government-takes-control-fannie/story.aspx?guid=%7BC99D796B%2DCB3C%2D47A8%2D8A56%2D284A9A4D5C85%7D CHICAGO (MarketWatch) -- The rate of mortgages entering foreclosure hit another record high in the second quarter, as did the percentage of loans somewhere in the foreclosure process, the Mortgage Bankers Association reported on Friday. The delinquency rate, which measures mortgages that aren't in foreclosure but have at least one overdue payment, also was the highest ever recorded in the MBA's quarterly survey.

Peter Schiff explains Federal Government bailout takeover of Freddie Mac and Fannie Mae. Americans are now cosigning every mortgage in a so called Capitalist country. Capitalism for the middle class and poor Americans. Socialism for the super rich. George Orwell 1984. U.S. authorities engineered an $85 billion rescue of insurance giant American International Group Inc (AIG.N), staving off bankruptcy and bringing a measure of calm to shell-shocked global markets. The bailout, made amid a cataclysmic week for the financial sector, marks a reversal of Washington's vow not to step in and calls for the U.S. Federal Reserve to lend up to $85 billion to AIG for two years in exchange for a 79.9 percent equity stake. It came just two days after U.S. authorities refused to rescue investment bank Lehman Brothers Holdings Inc (LEH.N) (LEH.P), forcing it into bankruptcy court despite pleas from Wall Street's chiefs. AIG's lifeline bought time for investors to digest an unprecedented run of events that has altered the shape of Wall Street, but did little ease a funding squeeze caused by the turmoil.

Wharton Professor Joseph Gyourko details the numbers underlying the downward spiral of the credit and mortgage markets.