SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: tonto who wrote (47616)9/18/2008 9:29:09 PM
From: Ann Corrigan2 Recommendations  Respond to of 224718
 
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
blog.beliefnet.com