TV News LIES

Friday, Jan 30th

Last update08:42:00 AM GMT

You are here News Economy Fannie & Freddie: Buying friends in D.C.

Fannie & Freddie: Buying friends in D.C.

E-mail Print PDF

When it came to buying influence in Washington, Freddie Mac and Fannie Mae were among Corporate America's biggest spenders.

The two mortgage giants paid $174 million to lobbyists over the past ten years to ensure the political climate would remain friendly to growing the mortgage business - even as the housing bubble began showing signs of bursting, according to a report by the Center for Responsive Politics, a watchdog group.

More...


Most Recent Related Stories...


Richest 1 percent to own more than rest combined: report

One percent own everythingThe income gap between the richest 1 percent and the rest of America widened to a...

Food stamp benefit cut may force a million people into 'serious hardship'

Food stamp cutsFood stamp eligibility rules are tightening in states across the country, causing up to one million...

More Than Half Of American Schoolchildren Now Live In Poverty

Children living in povertyFor the first time, more than half of U.S. public school students live in low-income households,...

How the states are redistributing wealth from middle class to 1%

wealth in americaIn 2008, then-candidate Barack Obama was lambasted for supposedly endorsing policies of wealth redistribution. The right...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!