Obama Receives Big Money from Fannie Mae and Freddie Mac

Top Recipients of Fannie Mae and Freddie Mac
Campaign Contributions, 1989-2008






1. Dodd, Christopher J




2. Kerry, John




3. Obama, Barack




4. Clinton, Hillary




5. Kanjorski, Paul E




6. Bennett, Robert F




7. Johnson, Tim




8. Conrad, Kent




9. Davis, Tom




10. Bond, Christopher S ‘Kit’




From Open Secrets

17 Responses

  1. We posted this at our blog and someone came by said “shame on you” for twisting the facts. When pressed, the person couldn’t refute with facts what this post says.

    Glad I found your site, and enjoyed meeting you at the convention!

    Pastor Ed aka Cyber Pastor

  2. Great meeting you too Pastor Ed. Glad you came by.

  3. I hate to be the one to bust your bubble but John McCain also to money from Fannie Mae and Freddie Mac and also a larger amount than Barack Obama

    2008 Campaign Contributions from Fannie & Freddie
    John McCain- $169,000
    Barack Obama- $16,000

    read the NYTimes and click on the Multimedia graphic of Fannie and Freddie and McCain and Obama


    Hmmm I wonder why John McCain didn’t mention he also took money too?

  4. [...] the status quo.  They will end corruption such as getting money from Fannie Mae and Freddie Mac.  People People Vote reports that Obama turned down over $100,000 from this bank, there are only three Republicans [...]

  5. Democrats created the Fannie Mae and Freddie Mac problems years ago, in a well intentioned but failed effort to allow low income groups to buy houses. They stopped ALL eforts at reform until it was too late. Now they are trying to blame Bush, McCain and Republicans, everyone but themselves. That’s the Gods truth and here is the proof:

  6. Ah, but Obama’s total still dwarfs McCain’s J.

    Pelosi must be a little disappointed that her being the most powerful woman in Washington only merits her being down about 22nd on that list.

    My guess is that McCain’s getting a little more for his campaign must be an attempt at hushing him up if elected. It was McCain in 05 who, along with the White House, tried to do something about the mess at Freedie Mac and Fanny Mae.

    At any rate, the Freddie Mac debacle with the financial meltdown it caused is a classic example of what happens when politicians meddle with the markets. Democrats, including the last Demo president, pressured the banks to write loans they knew were bad. In fact, they left the banks no choice. Freddie Mac and Fanny Mae were created to buy up that bad paper and reduce the banks’ risks.

    The Democrats stringently opposed any efforts to change that. Even when the writing was on the wall they stopped every effort Bush made to put a stop on the insanity. And now they have the nerve to blame it on him!

    They also blame McCain, who was nearly a lone voice in the Senate seeking a stop to the madness. How rich! McCain was dead on with his prediction that there would be a collapse and meltdown. At least he got in there and fought.

    Barack claims to have warned of the problem. Were was he when Dodd and Kerry and then Pelosi shut down any reform of those two institutions? Oh yes, that right, he was on the campaign trail telling us how great he is!

  7. Aug. 22 (Bloomberg) — Nigerian Stock Exchange Chief Executive Officer Ndi Okereke-Onyiuke is being investigated after holding a fund-raising event linked to U.S. presidential candidate Barack Obama, Agence France-Presse reported.
    U.S. electoral laws forbid donations from foreigners to electoral campaigns.

    Obama keeps reaching back to Chicago political past for policy advisers, and pulling one despicable, vile, and even evil “rabbit” after another out of his hat.
    The list of Barack Obama’s radical associations is long and it keeps getting longer. Some are now well-known, but many are not. They need to be.

    23 years at TUCC with Jeremiah Wright and James Meeks. racist sermons on Youtube.
    He chose the most radical church in the country; chose to immerse himself in hard-core ideological radicalism. Never before has this country considered such a radical leftist for its chief executive.

    Michael Pfleger and his hateful and race-hating ramblings, Obama met while carrying out his own radical social activism as community organizer at ACORN, (radical organization)

    Penny Pritzker, heads Obama camp National Finance Committee was president of Superior Bank - massively failed and she literally bought her way out of jail paying $460 MILLION fine; was the very epicenter of subprime loan scandal” that would come to eat this nation’s financial system alive.

    Fannie Mae CEO Jim Johnson, former head of Obama’s vice presidential selection committee, discovered he benefited from sweetheart loans from subprime king Countrywide.

    Tony Rezko certainly and his federal indictments and financial dealing with Obamas of course and William Ayers, US terrorist bomber, Obama-co-lecturer, fellow board member, neighbor, and friend.

    Communist Frank Marshall Davis, obama mentor; Saul Alinsky and Gerald Kellman (Kellman’s Woods Fund is how Obama hooked up with terrorist William Ayers)

    Chicago lawyer Mazen Asbahi, appointed as Obama camp national coord for Muslim n affairs also stepped down after news about his stint on the fund’s board - which includes fundamentalist imam - prompting The Wall Street Journal inquiries about relationship with the Muslim Brotherhood and his long personal relationship with Hamas Jamal Said.

    Obama desperately needs voters to forget hes the son of a Muslim father who served an incredibly brutal and corrupt Kenyan government; to forget he attended a madrassa in Indonesia and practiced Islam; forget that he campaigned in Kenya on behalf of Raila Odinga, who relied upon chaos, corruption, and violence in his campaign; numerous associations with radical Muslims; forget the photographs of Obama in traditional Muslim clothes, hanging with Muslim radicals such as Mazen Asbahi and anti-Semite Rashid Khalidi.

    The mainstream media has frankly put the security of our great country at risk with an Obama coronation media like CNN & MSNBC is the only way Obama managed to steal the Dem nom. It’s extremely concerning that so many Americans could care less about who their candidate really is?? simply amazing and frankly scarey.


    “The Last 100 Days”
    Hon. James David Manning, PhD.




  8. Why doesn’t the Media spread this on the news over and over, everyday or do they wait until the crook gets in, this is what wrong, it’s like the new get a chunk of pay-off to cover up things, is this where all the money goes, they shouldn’t even sleep at night and if this AMERICAN hater gets in, may the first problem be under one of your asses, you are miss leading the country, but run up and start digging on PALIN, i hope she wins and does something about your fair coverage on her,Daughter,family, don’t forget what goes around comes around, you guys are next.

  9. [...] campaign contributions from Freddie Mac employees by pointing out that Sen. Obama was the 3rd largest recipient of Freddie Mac employees money between 1989 and 2008.  On Sunday night, with the McCain camp using [...]

  10. Down at the bottom of the chart where that figure originally was found on the Federal Election Commission disclosure pages it indicates that the number includes contributions from PACs and individuals.

    Obama received a total of $6,000 from a Fannie/Freddie PAC — and only prior to his campaign for Presidency, when he announced he would no longer take any lobbyists PAC money.

    The remainder was from individuals who are employees of Fannie/Freddie, in the years between 1989-2008. The two companies at one time had over 12,000 employees.

  11. Fannie Mae and Freddie Mac employees donated $126,349 to the Obama campaign while they donated $21,550 to McCain. Corporations themselves are ineligible from donating to political campaigns. Whereas, Fannie Mae and Freddie Mac board of directors and lobbyists donated $169,000 to McCain and his related committees, compared with $16,000 to Obama and his related committees.

  12. It’s funny how this chart leaves out the contributions of directors, officers and lobbyist to the McCain 2008 Campaign:

    McCain $169,000
    Obama $16,000

    It’s amazing when we leave out the facts, Isn’t it?


  13. Oh really evan - and you just happen to have a chart in your back pocket - how convenient.

  14. FINELY someone had the guts to challenge Obama’s citizenship. His Mother HAD TO renounce her U.S. Citizenship to marry Sorento and move to Indonesia thus making Barry Sorento NOT A U.S. Citizen.

    The court papers were filed in Sept 08.

  15. “Oh really evan - and you just happen to have a chart in your back pocket - how convenient.”

    Sometimes the facts are inconvenient. It is simply the truth to state that Obama has received the most donations from EMPLOYEES of Fannie Mae and Freddie Mac and McCain has received the most from DIRECTORS, OFFICERS and LOBBYISTS of those same companies.

    To me this says that McCain has the support of the companies and Obama has the support of the people that just happen to work there. To the majority of people out there (including pretty much all the people here if you could just admit it) this puts Obama in a much better light, regarding this *specific issue* of donations from those companies.

    Now, all you people out there that are twisting this one should be ashamed of yourself if you continue to use this misinformation. There is plenty of actual information you could use to fight Obama (or the democrats in general) on Freddie and Fannie, but this is not it.

  16. Just where are YOU getting your information from Matthew - Obama’s website?

  17. Hello, i would just like to say, what a cool blog! i’m just researching for my blog but i had a problem reading this article due to the text sticking out in to the menu…. Edit: oops! my fault, it is my ancient version of chrome causing the bug. May be worthwhile asking ppl to update? Many thanks. Jordan Johnson

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