Most critics agree that the current financial crisis was precipitated by excess, and the lack of both restraint and oversight at the GSE's - Fannie Mae and Freddie Mac.
Obama, Pelosi, Dodd, Reid and Frank all complain loudly that the it was the Bush Administration's fault but they also fervently back and want to see salvaged the "social engineering experiment" of the GSE's that put unqualified borrower's into mortgages they could not afford as well as the current administration's 700 billion bailout plan.
And we are to believe that these folks at all times have the taxpayer's best interests at heart.
You Can Follow the Money....
Recipients of Fannie Mae and Freddie Mac lobbying largesse:
Candidate Barack Obama $ 126,000
Candidate John McCain $ 20,000
Senate Majority Leader Harry Reid $ 77,000
Senate Banking Committee Chairman Christopher Dodd $ 165,000
member Jack Reed $ 78,000 member Tim Johnson $ 61,000
member Chas Schumer $ 24,000 member Evan Bayh $ 41,000
member Tom Carper $ 55,000 member Bob Menendez $ 31,000
member Dan Akaka $ 2,000 member Sherrod Brown $ 15,000
member Bob Casey $ 7,000 member Jon Tester $ 4,000
member Richard Shelby $ 80,000 member Bob Bennett $ 107,000
member Wayne Allard $ 20,000 member Mike Enzi $ 31,000
member Chuck Hagel $ 4,000 member Jim Bunning $ 33,000
member Mike Crapo $ 47,000 member Elizabeth Dole $ 1,000
member Mel Martinez $ 11,000 member Bob Corker $ 7,000
Speaker of the House Nancy Pelosi $ 56,000
House Finance Committee Chairman Barney Frank $ 42,000
member Paul Kanjorski $ 96,000 member Maxine Waters $ 17,000
member Carol Maloney $ 39,000 member Luis Gutierrez $ 3,000
member Nydia Velazquez $ 20,000 member Melvin Watt $ 17,000
member Gary Ackerman $ 5,000 member Brad Sherman $ 18,000
member Greg Meeks $ 14,000 member Dennis Moore $ 26,000
member Mike Capuano $ 6,000 member Ruben Honijosa $ 14,000
member Bill Clay $ 10,000 member Carol McCarthy $ 5,000
member Joe Baca $ 20,000 member Steve Lynch $ 22,000
member Brad Miller $ 18,000 member Dave Scott $ 17,000
member Al Green $ 4,000 member Emanuel Cleaver $ 7,000
member Melissa Bean $ 41,000 member Gwen Moore $ 8,000
member Lincoln Davis $ 5,000 member Paul Hodes $ 5,000
member Keith Ellison $ 2,000 member Ron Klein $ 11,000
member Tim Mahoney $ 11,000 member Chas Wilson $ 7,000
member Ed Perlmutter $ 5,000 member Chris Murphy $ 4,000
member Joe Donnelly $ 3,000 member Bill Foster $ 2,000
member Andre Carson $ 4,000 member Jackie Speier $ 0
member Don Cazayoux $ 1,000 member Travis Childers $ 2,000
member Spencer Bachus $ 103,000 member Deb Pryce $ 55,000
member Mike Castle $ 9,000 member Pete King $ 16,000
member Ed Royce $ 28,00 member Frank Lucas $ 3,000
member Ron Paul $ 3,000 member Steve LaTourette $ 17,000
member Don Manzullo $ 0 member Walter Jones $ 2,000
member Judy Biggert $ 17,000 member Chris Shays $ 2,000
member Gary Miller $ 38,000 member Shelley Capito $ 14,000
member Tom Feeney $ 14,000 member Jeb Hensarling $ 3,000
member Scott Garrett $ 0 member Ginny Brown-waite $ 21,000
member J. Barrett $ 17,000 member Jim Gerlach $ 17,000
member Steve Pearce $ 5,000 member Randy Neugebauer $ 20,000
member Tom Price $ 3,000 member Geoff Davis $ 21,000
member Pat McHenry $ 12,000 member John Campbell $ 1,000
member Adam Putnam $ 15,000 member Michele Bachmann $ 8,000
member Pete Roskam $ 11,000 member Ken Marchant $ 7,000
member Thad McCotter $ 0 member Kevin McCarthy $ 3,000
member Dean Heller $ 6,000
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