10-08-2008, 12:45 AM
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Hello world!
Industry Role:
Join Date: Mar 2003
Posts: 12,508
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http://politicalticker.blogs.cnn.com...ie-and-fannie/
McCain actually got more from Freddy and Fanny:
Quote:
The Statement: At a presidential debate Tuesday, October 7 in Nashville, Tennessee, Republican presidential candidate Sen. John McCain said Democratic opponent Sen. Barack Obama and other Democrats resisted regulating mortgage giants Fannie Mae and Freddie Mac, which ultimately collapsed and had to be taken over by the government. "Meanwhile, they were getting all kinds of money in campaign contributions. Sen. Obama was the second-highest recipient of Fannie Mae and Freddie Mac money in history ? in history," he said.
The New York Times has published a separate list looking at contributions from "directors, officers, and lobbyists for Fannie Mae and Freddie Mac" for the 2008 campaign cycle. That list ? using figures from the Federal Election Commission ? shows McCain receiving $169,000, while Obama received only $16,000.
VERDICT: Misleading. No donations actually came from the companies. One method of measuring employee contributions does put Obama second overall, but another, for the current election cycle, shows McCain receiving significantly more.
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