The Enron-style accounting practices of Fannie Mae and Freddie Mac have lead to a government bailout of historic proportions. However, it seems that the Freddie and Fannie had enough money to donate to more than a few political campaigns. Jonah Goldberg over at NRO’s The Corner has found the top four beneficiaries of these donations:
#1 Chris Dodd#2 John Kerry#3 Barack Obama#4 HIllary Clinton
Now Down the Ticket-sponsored Senate candidate Jeff Beatty is calling on Sen. John Kerry to return these donations:
Republican challenger Jeff Beatty has called on U.S. Sen. John Kerry to return campaign contributions from Fannie Mae and Freddie Mac.
According to OpenSecrets.org, Kerry has received $111,000 in campaign donations from the two mortgage lenders between 1989 and 2008, the second most of any senator.
“This is totally inappropriate and I am demanding that he give this money back,” Beatty told PolitickerMA.com. “It just goes to show his pattern of taking special interest money.”
Somehow I doubt that Sen. Kerry will do what is right and ethical in this situation. Just another example of a Democrat who says he is “for the people” caring not one lick about where their tax dollars are headed.
You can donate to Jeff Beatty’s campaign here.