-----Original message-----
From: Brian Lawson [EMAIL PROTECTED]
Date: Wed, 08 Oct 2008 16:13:18 -0700
To: [email protected]
Subject: [Stratalist-ot] Re: Not at arm's length

> 
> 
> --
> Brian
> 
> On Oct 8, 2008, at 9:51 AM, [EMAIL PROTECTED] wrote:
> 
> >
> > From: Mark [EMAIL PROTECTED]
> >
> >> [EMAIL PROTECTED] wrote:
> >>> From: Mark [EMAIL PROTECTED]
> >>>
> >>>
> >>>> Is this one of the areas targeted by ACORN ?
> >>>> http://kcet.org/socal/2008/09/foreclosure-alley.html
> >>>>
> >>>
> >>> As a matter of fact, it was:
> >>>
> >>> <http://www.ocrealestateblog.com/blog/OrangeCountyMortgageFinance/_archives/2007/6/1/2992339.html>
> >>> >
> >>>
> >>> Francis Drouillard, PE
> >>>
> >> Well, Bruce's initial response was more along the lines of what I  
> >> was getting at "Please, the whole ACORN/CRA business is republicans  
> >> blaming it on the dark people as usual."
> >
> > That's pretty typical of wild-eyed liberals.
> >
> > Conservatives are blaming Barney Frank, Chris Dodd and other  
> > Democrats that fed at the trough of the Freddie Mac and Fannie Mae  
> > trough. They can try to distort that into "racism," but their  
> > fingerprints are still all over this meltdown.
> >
> > And who was one of the biggest beneficiaries of political donations  
> > from Fannie Mae and Freddie Mac? Obama weighed in at #2.
> 
> McCain has received more money from FM & FM directors, officer and  
> lobbyists than Obama.
> <http://politicalticker.blogs.cnn.com/2008/10/07/fact-check-did-obama-get-second-most-money-from-freddie-and-fannie/
>  
>  >

I think CNN needs to review their facts, particularly their claim that " 
Federal law forbids candidates from receiving money directly from companies." I 
won't get into their blurring of the facts by bringing employee contributions 
into the fray. 

Here's the list compiled by OpenSecrets.org using data provided by the FEC:

<http://www.opensecrets.org/news/2008/09/update-fannie-mae-and-freddie.html>

> > Who tried to rein in Fannie Mae and Freddie Mac? The Bush  
> > administration on several occasions and McCain in particular. Who  
> > shot them down? Barney Frank, Chris Dodd, Charles Schumer and Maxine  
> > Waters to name a few. What argument did they use? Racism.
> >
> > It worked back then, so it's no wonder they're resorting to that  
> > tactic once again.
> >
> >> However, I wouldn't play the race card and I do hold the buyer who  
> >> makes an insane deal primarily responsible for his bad decision.
> >
> > They bear a great deal of responsibility, too, which is why McCain's  
> > offer to bail them out in last night's debate went over like a lead  
> > balloon with conservatives. (However, were I to have my druthers,  
> > I'd rather the US govt. take over the actual mortgages instead of  
> > the MBS's.)
> 
> Agreed.
> 
> > Obama and other community organizers in the ACORN network threatened  
> > lawsuits against banks that didn't loosen their lending standards  
> > enough to enable folks to enter mortgages they otherwise wouldn't  
> > qualify. I'm not saying that's good or bad -- I'm saying Obama has  
> > some explaining to do.
> >
> > And so do Republicans like Bennet of CO that went along with the  
> > Democrats and failed to rein in Mac and Mae, as well as Republicans  
> > like McCain that wilted when the bogus racism charge was leveled.
> 
> <http://www.newsweek.com/id/162789>

Which story? I see a bunch listed, not sure which one is relevant.

Francis Drouillard, PE
Novato, CA 94945



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