Here's a list of those who benefitted from the Freddie/Fannie corruption:
Fannie and Freddie: Deadbeats of the Decade
I beg to differ on one point, Rod.
The very last thing the Fannie and Freddie fiasco represents for Barack Obama is an opportunity.
That is because on the long list of Democratic party politicians and liberal and leftist institutions that have been beneficiaries of Fannie's and Freddie's (ahem) "largesse" is *Acorn* -- the Association of Community Organizers for Reform Now -- the leftist, Alinskyite outfit in which Obama served his much-trumpeted (by him) stint of time as a "community organizer," i.e. as a run-of-the-mill yes man.
Others on the list include Nancy Pelosi, Steny Hoyer, Rahm Emanuel, Barney Frank, Paul Krugman, Harvard University, the Brookings Institution, the Rainbow Coalition, PUSH, the Congressional Black Caucus, and the Congressional Hispanic Caucus -- and that's hardly an inclusive roll.
There are Republicans there as well, to be sure, but one commentator hits the nail on the head when he writes that Fannie and Freddie derive their "unique clout" -- especially on the left and among Democrats -- from "a combination of liberal ideology and private profit" -- a combination that we will see many, many iterations of in coming years, if Obama wins.
You heard it here first, folks.
Posted by: Rufus Thomas | September 6, 2008
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