Obama’s Fat Cats
Posted by Dim Bulb on December 16, 2009
First, you may wish to read this short article from Investors Business Daily. Apparently the President has forgotten that it was the sub-prime mortgage rate that started us down the path to economic ruin. Does the President really care? The reason I ask is that during the campaign he often slammed bankers for the mess yet named one of the pioneers of the sub-prime fiasco to chair his campaign finance committee.
Oh, and excuse me, Mister President, but was it not the Democrats who were behind the push for the sub-prime, and who continued to maintain it in spite of the warnings from Senator McCain and President Bush? And didn’t you receive over $105, 000 from Fannie and Freddie between ’04 and ’08? (watch video and read text below video).