# 57, on profiting unrighteously from the financial debacle...

57. One trillion dollars on mostly dubious home loans were financed between 2005 and 2007 by the semipublic mortgage corporations Fannie Mae and Freddie Mac... Those shaky operations originated the recent financial meltdown, from which Barack Obama profited politically... Truth is that in 2005 and 2006 Republicans with the leadership of John McCain wanted to reform mentioned institutions but their initiative and bill were adamantly rejected by the Democratic majority reigning since 2004 over both Senate and House of Representatives... Under same light every independent voter will promptly understand why senator Obama (in only 3 years!) became the second highest recipient of Fannie Mae and Freddie Mac money, just after the longest serving Democratic senator Christopher Dodd, chairman of the Senate Banking Committee...