Tag Archives: Fannie Mae

Obama’s ‘Economic Advisers’

Posted on October 9, 2008

Q: Are three former Fannie Mae executives "economic advisers" to Obama? A: No, claims made in a chain e-mail are false. Jim Johnson advised on non-economic matters but quit after a week. Franklin Raines says he took a "couple of calls" but was never an adviser. We find no evidence …
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Oversimplifying the Fiscal Crisis

Posted on October 7, 2008

It’s finger-pointing time again, with each candidates blaming the other for the financial crisis. McCain called Fannie Mae and Freddie Mac the “catalyst” for the crisis and blamed Obama for failing to sign on to a bill to rein in the FMs. Obama countered that it’s a culture of deregulation …
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McCain in the vanguard of mortgage reform?

Posted on October 2, 2008

Sarah Palin says that McCain sounded the alarm on Fannie Mae and Freddie Mac two years ago. Our colleagues at PolitiFact questioned that claim, calling it “barely true.” Palin’s referring to a bill that would have increased oversight on Fannie and Freddie. McCain signed onto that bill as a cosponsor, …
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Obama’s Connection to Raines

Posted on September 24, 2008

Before the McCain-Palin campaign tried to link Sen. Barack Obama with political heavyweights in Chicago, the campaign claimed that Obama was being advised on the economy by Franklin Raines, former Fannie Mae CEO. In an ad titled “Advice,” the McCain campaign makes the claim that “Obama has no background in …
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McCain’s cloudy crystal ball

Posted on September 19, 2008

Confused about whether John McCain really predicted the fall of Fannie Mae and Freddie Mac? We don’t blame you. The McCain-Palin campaign says he did, and as proof, they point to a 2006 speech in which McCain exhorts his colleagues to vote for legislation he cosponsored, legislation that would have …
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Freddie, Fannie and Barack – Corrected

Posted on September 19, 2008

Turns out, our initial post “Freddie, Fannie and Barack” was erroneous. We’ve struck out the incorrect sections from our earlier post. We said originally that Obama was the fourth largest recipient of donations from troubled mortgage giants Fannie Mae and Freddie Mac. That’s wrong. Our post was drawn from data …
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Freddie, Fannie and Barack

Posted on September 18, 2008

Update, Sept. 19: Portions of this post were based on incomplete data. We have struck through the incorrect sections. Please see here for our corrected account. We apologize for the inconvenience. In a Sept. 16 stump speech in Vienna, Ohio, Republican presidential nominee John McCain went after Barack Obama, his …
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