NOBAMA IN 2008: Recipients of Fannie Mae and Freddie Mac Campaign Contributions, 1989-2008

Saturday, October 4, 2008

Recipients of Fannie Mae and Freddie Mac Campaign Contributions, 1989-2008

Update: Fannie Mae and Freddie Mac Invest in Lawmakers
Published by Lindsay Renick Mayer on September 11, 2008 11:26 AM | Comments (26)

When the federal government announced two months ago that it would prop up mortgage buyers Fannie Mae and Freddie Mac, CRP looked at how much money members of Congress had collected since 1989 from the companies. On Sunday the government completely took over the two government-sponsored enterprises, and we've returned to our data to bring you the updates, this time providing a list of all 354 lawmakers who have gotten money from Fannie Mae and Freddie Mac (in July we posted the top 25). These totals are based on data released electronically from the FEC on Sept. 2 and include contributions to lawmakers' leadership PACs and candidate committees from the floundering companies' PACs and employees. Current members of Congress have received a total of $4.8 million from Fannie Mae and Freddie Mac, with Democrats collecting 57 percent of that. This week we also wrote about how much money lawmakers had invested of their own money in the companies last year--a total of up to $1.7 million.

All Recipients of Fannie Mae and Freddie Mac Campaign Contributions, 1989-2008
Name ---------------Office-- State Party - Grand Total ---Total from PACs ---Total from Ind.
Dodd, Christopher J. --- S -- CT ---D -------$165,400---- $48,500 ---- $116,900
Obama, Barack ---------S ---IL --- D ---------$126,349 -----$6,000----- $120,349

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Taxes	John McCain believes we must keep taxes low to reward hard work and create jobs for all Americans.	Barack Obama wants to "spread the wealth around" and is more interested in controlling who gets your piece of the pie than he is in growing the pie.
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Energy	John McCain will break from the past to lead a great national campaign to put us on a course for energy independence. No problem is more urgent today than our dependence on foreign oil.	Barack Obama voted for the same policies that created the problem. He voted for the energy bill promoted by President Bush and Vice President Cheney, which gave even more breaks to the oil industry.
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Education	John McCain will shake up failed school bureaucracies with competition, empower parents with choice, remove barriers to qualified instructors, attract and reward good teachers.	Barack Obama wants our schools to answer to unions and entrenched bureaucracies.
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