The Voice of Real Change

Barack Obama can talk about change, but he is part of the problem, not the solution.  Barack Obama has received over $126,000 in campaign contributions from Fannie Mae and Freddie Mac (you know the giant corporations involved in the housing crisis that our tax dollars just bought).  So much for change.   Sounds like old Washington to me. The only person to rake in more money from Fannie and Freddie is Christopher Dodd, another Democrat and the Chariman of the committee that had oversight over Fannie and Freddie.

While Dodd and Obama took money from Fannie Mae and Freddie Mac, John McCain was speaking about their problems and trying to fix them, and he predicted that they would go down at the expense of the American taxpayer in 2005:

I join as a cosponsor of the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190, to underscore my support for quick passage of GSE regulatory reform legislation. If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole.

In fact, McCain cosponsored a bill to prevent some of the problems that have happened lately.  He saw the writing on the wall in 2005 and tried to do something about it.  Too busy counting their campaign contributions from Fannie and Freddie, the Democrats wouldn’t have anything to do with it.  Chris Dodd wouldn’t even let the bill out of committee.

Did Barack Obama take any leadership on this issue?  Nope.  I guess too much money was coming his way.  Politics of change?  Hardly.

Want to hear the voice of real change?  Listen to John McCain and the differences could not be more clear.  Barack Obama talks about it, but John McCain and Sarah Palin can actually get it done.

H/T: The Other McCain