Sarah Palin =/= President.

Where the pineapple does it say he was born into MONEY?..hmm? sources please..

Apparently his wife's family is worth quite alot. Id be more worried about all the money hes gotten from Fannie Mae

Anyone remember the The Community Reinvestment Act? Didnt think so. According to this law, (HEAVILY pushed by President Jimmy Carter) it requires banks and thrifts to offer credit throughout their entire market area and prohibits them from targeting only wealthier neighborhoods with their services, a practice known as “redlining.”

Now what does this mean? Nothing really. Just that those who cant afford to pay back loans they take out, people who would normally be denied a loan, were allowed to get those loans. Then in 1995, during the Clinton administration, the Democrats added new provisions that forced banks to issue $1 trillion in “sub-prime” loans. This meant that because of this law, they were forced to give loans to people that didnt have the credit for them, and most likely would default on the loans

And have you heard of former Fannie Mae (or the Federal National Mortgage Association) CEO Franklin Raines? During the Carter Administration, he was associate director for economics and government in the Office of Management and Budget and assistant director of the White House Domestic Policy Staff from 1977 to 1979. He then became the CEO of Fannie Mae from 1991 to 1996. For the Clinton Administration, he was the Director of the U.S. Office of Management and Budget, where he served until 1998. Returned to Fannie Mae in 1999 as CEO. And on December 21, 2004 Raines accepted what he called “early retirement” from his position as CEO while U.S. Securities and Exchange Commission investigators continued to investigate alleged accounting irregularities. Running away before being put in jail.... Now he gives Obama personal advice on mortagage and housing policy matters.

Why are Franklin Raines and Obama so buddy-buddy? Because Fannie Mae has paid Obama over $125,000 in under four years...that we know of. Because of Fannie Mae's huge involvement in Democratic presidents, Im sure the figure is much larger "off the books". n spite of that short time in Congress, Obama managed to accumulate the second highest donations to members of Congress by associates of Fannie Mae and Freddie Mac. That’s right. He managed to collect eight times the donations from these people in less than four years than John McCain received in nearly 30 years.

Now. That’s real change.

We definitely need four years of that kind of record. Barack Obama is certainly trying to prove that the presidency of the United States can be bought.


Here's what was believed to be happening. Those who couldnt afford to pay on the principal of their loans (mainly those with the sub-prime loans, the ones Clinton forced banks and mortgage firms to give away) were traded away like property, between different mortgage firms. Franklin Raines walked away with over $50 million dollars from his time as CEO making money off of selling off defaulted loans to other collection agencies.

Again this is all theory, and this all might be coincidence. Just seems funny that a company that largely supports and profits from Democratic candidates and presidents has such shady financial transactions

http://www.youtube.com/watch?v=H-_HlpZ8azA

And another note on Senator Biden, during the debate, he made a comment about finding out what the folks on Main Street think:

“Look, all you have to do is go down Union Street with me in Wilmington or go to Katie’s Restaurant or walk into Home Depot with me where I spend a lot of time and you ask anybody in there whether or not the economic and foreign policy of this administration has made them better off in the last eight years.”

I guess he has a time machine and can change time and space. The restraunt has been closed down for over 20 years, and it wasnt on Union Street

If Biden can lie about the silly stuff with such ease, it concerns me about what he says and promises for the real issues.