John, Freddie, and Fannie

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.

Jeff Beatty (R) According to, 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 “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.


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