Countrywide Owns Obama
By Larry Johnson on June 28, 2008 at 6:37 PM in Current Affairs
This is the kind of “new” politician Barack Obama represents–he has collected more money from Countrywide Financial in the last four years than any other member of Congress and, in exchange, sponsored legislation favorable to Countrywide. Got that?
Here’s the evidence:
Note that this chart covers money received since 1989 and Mr. Obama has only been in the Congress since 2004. What a money grubbing hypocrite. Obama has raked it in faster than any member of Congress. And, surprise of all surprises, Barack joined Senator Chris Dodd in co-sponsoring a housing relief bill that encouraged lenders to refinance and stabilize existing mortgages. Of course, said lenders make money off of the refinancing loans.
Maybe Barack can do for American homeowners what he has done for the poor folks living in squalid apartment buildings in Chicago.
(Release: November 13)
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has a spatula.)
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Pleaseeeeeeeeeeeeee! Donate tonight to pay off Senator Clinton’s campaign debt! She is working for us. Let’s free her from the rath of the DNC and Obama. Let’s make sure it is a cold day in hell before she has to bow to BO and MO.
Donate - it’s less than a tank of gas!
President Hillary Rodham Clinton 2008
I will be donating in the next few days, as well as donating to the O’Reilly campaign to primary Kerry’s elitist butt up in MA.
do you have a link for that? I’m also donating to Cindy who’s running against Nancy. here’s that link: http://www.cindyforcongress.org/
Go O’Reilly! *woohoo*
How about an O’Reilly link? I would get a serious tickle out of sending him some money.
Sorry this too so long, Uppity. My apologies to you and others who wrote back to me/my post.
Here is direct link for O’Reilly internet donations:
Donate to Ed O’Reilly online
…and if that link doesn’t work, or you want to send a donation by snail mail, here is Ed’s site:
Ed O’Reilly’s website
Not only does Ed O’Reilly deserve our support of himself, it’s a two-fer because we get to take down Swiftboat Judas Kerry Heinz, as well.
This is the next phase in the systematic taking back of our party from the Obama Judases.
Please, support Ed and all things PUMA.
Paul F. Villarreal
VillarrealSports.com
Plus one on the link. I have not heard about this as I have not watched O’Reilly in a few days
Make any checks payable to: Hillary Clinton for President as checks made out this way can only be used to pay that debt. Give up an extra cocktail, coffee, ice cream or pack of butts and send a donation before time runs out. After the convention, she will no longer be allowed to collect donations to her campaign.
Please head over to riverdaughter.wordpress.com
We are trying to get contributions tonight to retire the debt. Go on and post your receipt details.
Thanks.
I had donated to HRC’s campaign up until she came out in support for Obama. HRC could have faded into the shadows and done nothing let the public handle this travesty. Instead she has as far as I am concerned sold us out…She has enough money in the GE fund to payoff debt owed to vendors. If she is not concerned about her personal loan to the campaign being paid off, then why bother supporting and endorsing Obama? She fought him tooth and nail, as someone not qualified to hold the Presidential office. Now she is doing a complete turn around! I do not know about the rest of you but something does not add up here…NO MORE MONEY FOR HRC!
We all should seriously think about switching to the independent party. Our Country (our soldiers are giving their lives and being maimed for our freedom of speech, choice etc… and safety) demands it and we must show respect and support our military. I have a family of approximately 435+ and the majority has served in the military since WWI to present; and the ones I’ve been able to contact are reregistering as independent we are not going to be loyal to a party that does not (with all their education) open their eyes to the chaos in America and the world, and the fact we do not need another puppet in the Whitehouse. God Save this Country and Bless us ALL
Borat Hussein Obama doesn’t take money from lobbyist. He’s got enogh from predatory lenders.
Obama IS Quid Pro Quo. No one I can recall embodies this corrupt concept more than he.
Great work, Larry.
Where’s whitey?
LOL you have zero credibility repuke hack!!!
Larry….
Are you saving these for when the tape DOES come out.
It would make a lovely greatest hits post….
Jmac said today, “things” will happen 48 hours before the election.
Sounds like the tape comes out Nov. 2nd.
I heard that too…lol
November Surprise!
They need to deconstruct BHO much earlier than that and keep weakening him relentlessly. Nov 2 is too risky and would probably not work
(too much confusion, many people won’t have time to listen, digest, process, understand)
Can’t deny the post so smear …. such an obamanation tactic. Your candidate isn’t capable of being president. No experience. Too green.
obama idiots just cannot read
whitey will be out in the fall
and who will be laughing then!
KICK THE BUMPS OUT!!!
what a hypocrite is that racist fraud!!
I can’t afford to buy a house.. and my friends, who are both teachers, are barely keeping their head above water..
I AM LIVID that taxpayers like me are being used to help countrywide get all that money….and assh*les like that moron BO and dodo Dodd are just stepping all over the middle class..
notice mccain is last on the list..
hillary or then mccain!
this lifelong dem is voting for mccain if hillary is NOT the nominee!
Isn’t Hillary on that list? Just 8K less than Barack. Is Larry saying she’s in the tank for them too?
You haven’t been in politics long have you?
I think you missed the part about “since 1989″. When you divide the totals over the number of years each person was in the Senate taking donations Senator Clinton’s average total is much smaller yearly than Obama’s total which began in 04.
Thus, McCain took an average of $523.68 per year, Senator Clinton took an average of $1,800 per year and Obama took an average of $5,725 per year. Three times Senator Clinton’s total and more than 10 times McCain’s total.
Neither you nor I know when Hillary or Obama took those funds. Hillary could have taken all of hers in the past 6 months. So to average them out as you do says nothing.
sleepy: wake up !!
HA HA HA
‘theseeker’ is on duty, waiting for Ms Grievance’s tape!
Keep on watch troll, it is coming.
WHERE DID THE 6 P.M. STORY IN O’S BIRTH CERTIFICATE FORGERY GO?!!!
IT’S OFF THIS SITE!
ACCESS IT THROUGH COMMENTS AT RIGHT…
He’s been bought by all the subprime sharks. Still waiting for his finance chair Pritzker to do her perp walk. Suprised more of them didn’t go down when the Bear Stears folks did. It’s just a matter of time. SEC works in mysterious ways as does the FED.
Excellent investigative work. I wish the MSM would do more of this.
You gotta hand it to 0bie, No Principle is too dear to sacrifice on the alter of AMBITION!
every time more of this shit comes out, I dislike Howard and Donna more. She was creaming over his presidential seal, and there are Moonie type kids going door to do, in pairs, with Barack Blue DNC shirts who won’t’ take no for an answer, it’s the stepford democrats? The more i learn, the more creeped out I get. Ick.
In the third quarter of 2007, Obama supporter George Soros bought 1.8 million shares of Countrywide worth approximately 33.9 million.
Which supports my theory that he is behind some of the economic problems. Also probably speculating in oil so the price goes up and the dollar goes down. Then scared people run to the candidate of “Change”.
Bought in November, sold by end of December 2007. Why so fast?
As there is no timetable associated with the donations, it is pure conjecture to say Obama has received more than anyone else in the last 4 years. But that LJ would state this conjecture as fact is no surprise.
Considering Obama will receive over $250,000,000 for this campaign, the claim is Countrywide owns him with four years worth of contributions that total 1/10th of 1 percent of his contributions. That’s equivalent to saying you can “own” someone who earns $100,000 a tear by giving then ten bucks.
Finally, this is the first I have heard that the legislation mentioned is intended to benefit lenders. It is not. It is intended to benefit borrowers by reducing their mortgage payments.
So, supposition as fact, 0.1% buys someone, and a flatout lie about the legislation. All in all a typical piece for LJ.
Oops, typo. Make that 1/100 of 1 percent (.01%)
Awesome Obamabot logic. Obama takes bribes and does favors for EVERYONE, so he’s not owned by ANYONE.
Really, just brilliant. You ought to apply to Obama Central for a Gold Star.
I’m sure Countrywide donated to Obama because…um, because….they were just taken with his message of Hope and Change. I’m sure they believe that Obama will reform and regulate the insurance industry, but that’s ok with them because heck, they’ve earned enough money over the years, it’s time to give a little back, right?
Hey, I think the Hatter just asked if you want more tea. You Obamatrons never, EVER cease to amaze.
Well, good to see you are an informed citizen. Only problem is, this is about he mortgage industry, not the insurance industry.
And you will note that Clinton also took “bribes” from Countrywide.
Please point out a specific action where you believe Obama or Clinton showed they had been bribed by Countrywide. I’m willing to be convinced.
Of course Countrywide thought this would get them influence. With all the politicians they donated to. Every politician receives far, far too much money from special interests. But it is odd that ou seem to think that Obama is the only one who accepts this money. If I made the rules, I’d outlaw all special interest donations of any kind. But that will probably never happen.
Francis take lunch Ted?
No clue what you mean.
The problem is the hope change thing. Remember? Just words? New kind of politics? Mr. I don’t take money from lobbyists? Mr. Everything that comes out of my mouth is total BS?
But hey if you don’t mind being lied to, go for it. Just don’t bother coming around here making excuses for him. We always knew he was full of it.
I am enough of a realist to understand that in order for a progressive to win the presidency, they need to pivot to the center after the primary. And this will pis off some of Obama’s supporters.
But the reality is John McCain has been on both sides of almost every issue, so I don’t see that as a differentiating factor.
This is politics. Hillary was all about leadership, right? What has her leadership been on the mortgage issue or FISA? To date she does not even have a public position on the FISA bill. Nobody’s perfect and nobody’s a saint. Understand that, and support the candidate that most closely represents your views. But, you say, Obama flipped on FISA. OK, assuming I was completely against the FISA bill, where does that leave me in picking a candidate?
Perhaps if we all realize politicians are politicians, we might be able to make better decisions.
As long as we’re clear that you understand BOBO will do whatever it takes to win then we can laugh at how all you BOBOweenies opposed Hillary because she would do whatever it takes to win.
I did not make that claim about Obama or about Hillary. So, no, we are not clear.
It really is sad how many people get caught up in the gottcha aspects of a campaign and lose sight of the fact that we are not picking a prom queen/king, we are picking a president. Hillary said this about Bosnia, Obama get her the finger. Please. It’s about war and the economy and abortion and health care and taxes and regulation, etc.
A good first step in becoming a mature voter would be to lose the childish name calling. If you want to be taken seriously that is. If you just want to sit in an echo chamber and bitch and complain, well, that’s your right, but you are not accomplishing anything.
no, actually it was about Bosnia when you BOBOweenies all wanted it to be about Bosnia. And, it was about Hillary and Bill being racists when you BOBOweenies all wanted it to be about Hillary and Bill being racists. And, it was about Hillary wanting BOBO murdered when you BOBOweenies all wanted it to be about Hillary wanting BOBO murdered. And it was about New Hampshire tears when you BOBOweenies all wanted it to be about New Hampshire tears. And, it was about Hillary doing anything to win when you BOBOweenies all wanted it to be about Hillary doing anything to win. LMAO so after all the gotcha Politics you BOBOweenies engaged in when you BOBOweenies wanted it to be about Gotcha politics, now you BOBOweenies don’t want it to be about gotcha politics now that you BOBOweenies no longer want it to be about gotcha politics.
I’m glad we’re clear that that you BOBOweenies understand that BOBO (and now you BOBOweenies) will do whatever it takes to win which makes it all the more enjoyable laughing at how all you BOBOweenies opposed Hillary because she would do whatever it takes to win.
Well, at least you have left no doubt about your maturity level.
exactly, I’m at one step above BOBOweenie. LOL you’re now free to go back to doing whatever it takes to win.
Actually, it’s worse. B O has only been in Congress since January 2005. Everyone keeps adding years. Even that guy from NPR said “4 or 5 years”, Obama has only been there for just over 3 years now and has missed most of that time campaigning for Pres.
Here Obama goes again — pretending to be something he clearly is not — he purports to be the new politics, meanwhile, its just the old politics as usual. All this and no experience or concrete policies either. Why is the DNC trying to force this man down our throats. What do they hope to accomplish?
I truly don’t know whether to feel angrier at Senator Obama, his campaign manager, David Axelrod, and the media, for perpetrating such fraud on the American people or to feel sad for his supporters, who seems to turn a blind eye to all of this and forgive him anything and everything, even though he is now pandering to the right and reneging on his campaign promises.
Obama is going to be the worst two-term President in history. Three terms, unless we succeed in blunting his popularity.
HE HAS TO WIN FIRST…
AND HE WON’T!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Sure
McGovern DukakisObama will win.Obama is a FRAUD!
22,900 dollars… really reaching, aren’t you larry?
He’s reaching. And attaining. Obama. He’s easy pickin’s, since he’s such low-lying fruit.
Wow. The trolls are out in full force tonight, and it’s the weekend.
Can anyone say “overtime pay”?
fruitcake “democrats4barr” what part of special interests don’t you understand?
New politics eh? HA HA HA: hold on to your wallet b/c heeeere it comes Chicago style !!
Hope you are well off buddy.
Off Topic: more news on nobama’s birth cerfificate:
http://web.israelinsider.com/Articles/Politics/12944.htm
I’m in the process of writing an article. Here’s a paragraph from it:
To find out where a candidate gets his or her campaign funds, go to opensecrets.org. http://www.opensecrets.org/ There, you’ll find out who gets the most money from the financial and real estate sector, for example. Sen. Obama got $19.5m so far while Sen. McCain received $13.3m. How about hedge funds? It seems Obama got $771,000 while McCain was given $277,000. What if we narrow the financial sector down to the finance/credit companies: Obama has $122,655 while McCain has $70,138. What about lawyers and lobbyists? Obama: $18m; McCain: $6m.
Jerry Brown just filed a lawsuit on behalf of people tricked into horrible loans by Countrywide.
No wonder Obama supports the financial companies and their predatory practices.
Thanks, Larry.
That is good news!
That company has been sleazy for quite some time now on a lot of different levels.
I remember something about them not posting people’s on time mortgage payments long before this subprime mess exploded.
Don’t get too excited. Jerry Brown also filed a lawsuit against auto makers for global warming effects on CA. LOL*
Remember, *sigh*, I live in the land of Tom Hayden.
But Jerry Brown isn’t a fruitcake or anything, right? lol.
I was unaware that Obama sponsered this bill. It was sponsered by Dodd and Shelby, and it passed th Senate by 84 to 12. So yeah, Obama was quite pivitol.
Obama has this statement about the bill on his site:
“The Dodd-Shelby bill makes a start through such features as funding mortgage counseling and providing emergency assistance for communities with high foreclosure rates. But the heavy hand of special interests has again had too much influence on this bill. Special interests have insisted on putting in unnecessary tax breaks for the profits enjoyed by home builders during their boom years, and on keeping out a change to our bankruptcy laws that would remove preferential treatment for mortgage lenders.
“I am particularly disappointed that the bill neglects what should be our top priority — a strong program to stop a cascade of foreclosures and place a floor under the housing market. The Senate should move forward immediately with the housing legislation I am proud to be working on with Senator Dodd — legislation that authorizes the FHA to refinance the mortgages of distressed homeowners in a way that shares the pain, and the possible gains, fairly among homeowners, mortgage owners, and the government. The American people are demanding action from their government, and we must redouble our efforts to bring an end to this crisis.”
Ted.
Do you honestly believe you’re going to change anybodys mind by coming here?
Oh well. You probably get paid by the hour, not the post, anyways. Why not waste your time, eh?
Well, as they say, It’s a free country. I’m not obnoxious, I don’t call people names, I don’t promote Obama or slam Hillary] exactly why do you care if I comment here? All I do is correct factual errors. I’d think that would be appreciated.
I do get paid by the hour $250/hr. I fill out a time card and Obama sends me a personal check every Friday. McCain pays me $150/hr for every hour I don’t blog, and Hillary used to pay me $100 either way. It’s a good living.
Counseling for the peons. Bailout for the money boyz.
Sounds great.
Hillary’s plan was radical….and would have put the hurt on the pockets of the boyz.
Can you supply details on it? If it is good, let’s promote it!
“I am particularly disappointed ” translated, I’m covering my ass in case someone finds out I’m just helping the lenders.
Emergency assistance. Ha! What are they going to do, set up Red Cross tents?
OK. You do realize Obama did not write the Bill, and is one of 84 senators who voted for it in its current form. So I really don’t think he is too far out on a limb here. Notwithstanding LJ’s misrepresentation of the facts in his piece.
Once again….BOBO hides in the crowd.
LOL. So if he is with the majority, he is wrong, because he is hiding in the crowd. If he is out on his own, he is wrong, because he is clearly out of touch with the majority.
I’j pretty sure that no mqtter what he does, you will disapprove. But, to be fair to you, you have made this clear, so you certainly are not trying to fool anyone by pretending to be offering meaningful comments.
LMAO with BOBO it’s either hide in the crowd or vote present. If BOBO were elected that would mean we would have a leader sans spine as speaker, a leader sans spine as majority leader and leader sans spine in the oval office. I ask you Ted, why go through the trouble of electing jellomen and jellowomen when we can go down to the local super market, get three boxes of jello, cook em up and after the chilling and the wiggling and the quivering begins we could place the real Jello in those same three positions using much less gas and many fewer dollars to achieve the exact same result.
Sorry, you have dropped below the threshold of a meaningful discussion.
oh Ted, we can’t have meaningful discussions with you BOBOweenies. For that to happen first you BOBOweenies would have to mean something when you said something.
I am shocked. I have several friends losing their homes. What a mess–and wouldn’t you know Obama is in on it.
9 out of 11 housing projects (Resko projects) in Obama State Senate district have been shut down for lack of heat and health concerns . Who is the racist these housing projects are in AA community. Than he had the nerve to do what he calls 5 hours of legal defending Resko
While Bill Clinton was raising money for child with AIDs in Africa
In today’s NYT, Gail Collins mentions how Obama’s campaign has become shapeless pandering to the right.
Countrywide Financial PAC donated $15,000 to Sen. Chris Dodd, the most money to any House or Senate member, as of May 31.
This is the kind of change, none of us can afford.
Not Democrats nor Republicans; not white nor black nor Asian nor Native American nor Latino; not Christian nor Jew nor Muslim; not liberal nor conservative; rich or poor nor any other stripe.
A liar is a liar is a liar. Dress it up anyway you like but the man and this campaign are absolute frauds. This is 5th Avenue marketing gone berserk and the “goodie” at the end of the line isn’t simply a customer but the fate of the United States. The “product” can wiggle and worm his way through all kinds of inspection; he can accuse all manner of bigotry; he can define himself by a wanton and irresponsible press but the truth remains: he is an empty suit, a pretender to the throne. We don’t know who this man is after 18 months of campaining, and that’s deliberate.
Wake up America. We’ve seen this before. For the love of God, wake up!
PUMApac.org
Amen! And I will add if I may Democrat or Republican do not stay home or write in or vote third party. Originally I was going to write Hillary in as a protest vote. Now I realize it is to important to not let Obama get in. Please vote McCain unless Hillary somehow is the nominee.
Cool.
Cool.
Barack Obama may recruit defence chief Robert Gates.
n defiance of traditional party labels, Barack Obama, the Democratic presidential nominee, may ask the defence secretary of President George W Bush to stay on if he wins the White House.
After appealing for unity with former rival Hillary Clinton and her supporters and big donors last week, Obama, 46, is turning his attention to wooing Republicans and independent voters who may be concerned that he lacks the experience to be trusted with America’s defence.
http://www.timesonline.co.uk/tol/news/world/us_and_americas/us_elections/article4232070.ece#cid=OTC-RSS&attr=797093
Maybe Michelle said “This is the first time in my adult life that I’ve been proud of my Countrywide” and we just misunderstood?
WOWW!! Manning doesn’t like Michelle very much!!! Wow! (added 2 days ago)
and this one too (I’ve not watched it yet but it was just added) for those that love the soap opera!
Manning dissing the media (or so it appears from the first couple seconds)
ROFLMAO….That guy cracks me up. I really don’t think religion and politics should mix but I must admit he’s funny.
LMAO.
Say it with me: He’s R.A.C.I.S.T.!
LMAO.
LOL
Bank of America is in the process of buying Countrywide.
Wow! this is only since 2004, wow!
PLS JOIN HOUND ——F**K
Hillary Obama United Not Divided
Fill out this simple form and join Hillary Obama United Not Divided. Show the nation that Pennsylvania Democrats are joining Governor Rendell and Senator Clinton in supporting the next President of the United States, Barack Obama.
Name: Deputy Dawg
Email Address: ddog@hotmail.com
Phone Number: 345-678-9100
County: Pound
Address 1: 2 Much Bull St.
Address 2:
City: Dogpatch
Zip Code: 51897
Hahaha.
Do one for Lassie.
And Benji.
Don’t forget Cujo!
Your kidding, right???
http://www.padems.com/form/hound
JOIN HOUND
Get Lost. We are going to put Hound in pound!!!
LOL. Sleep with Hounds. Get fleas.
It’s not gonna happen for many here! Turning HOUND (local consensus)
It’s your vote - how did you come to your final choice.
Answers Votes Percent
1. DEM turned Indie not voting for Obama or McCain 5 11%
2. Long time DEM never voting for Obama or McCain 0 0%
3. Rep 4 Hillary - now 4 McCain 4 9%
4. Dem 4 Hillary - now 4 McCain 29 63%
5. Dem 4 Obama never 4 Hillary 0 0%
6. Dem 4 Obama or Hillary 0 0%
7. Rep 4 Obama never 4 Hillary 0 0%
8. Rep 4 Obama or Hillary 1 2%
9. Rep 4 McCain 3 7%
10.Some combo NOT listed! 4 9%
Total Votes: 46 Vote Here If you have not previously and feel like participating.
Nice little video
http://www.womenamericans.com/justsaynodeal.htm
Yes, it is very nice.
F.D.I.C. is still advertising for workers.
Obama loves those lenders and creditors. He even has the failed superior bank subprimer, Penny Pritzker as his national finance chair. Goldman Sachs, JPMorgan, Lehman are three of his top ten contributors.
He voted NO to a bill that capped credit card interest at THIRTY percent. He said he voted No because 30 was too high. Remember in that debate, when John Edwards looked at him and said, “So NO cap is better than 30%?????”
right!
He wants to be accepted by the white old boys club. He is so clueless. He is running for president so he can be part of that club. He will never stand up to them until the press tells him to, at which point he’ll throw them overboard.
He’s phony to the core.
Aidyn, BAC $24.59 down from $52.96, WM $4.80 down from $44.04, JPM $35.05 down from $50.48, Where do you think the $$$$$$ comes from to back up F.D.I.C? Oh market capitalization, that’s right. This whole system is becoming a joke & having the U.S. gov that is 9.2+ Trillion in debt back up “private” housing is a bigger joke. Ron Paul is right, “The whole country is sub prime.”
Hillary Supporter List from Congress
http://clintondems.com/HRCCongress.htm
Hey I just got that email TOO from Clinton dems . org
I thought about posting it but then didn’t want the Obamatrons to have access to the phone numbers of Hillary supporters.
I guess I’m too cynical
One thing. I don’t think Obama was elected to the US Senate until 2006. He took office in January of 2007, and started running for President January of 2008. He didn’t do anything worthwhile his first year. He has no Senate experience but his ads, of course, grossly exaggerate his Senate work. I’ve heard them adding up years of service out of thin air.
According to his website Obama says he will crack down on fraudulent brokers and lenders.In the meantime, he’s on the receiving line of those he has blamed for the ongoing fallout from the mortgage crisis. IE: In Obama’s database of 1.5 million donors are approx. 130,000 power brokers that have funded nearly 60% of his campaign. Included in the list are the more than 350 campaign bundlers who have accounted for over $78 Million in contributions from the sub-prime mortgage banking and financial institutions.
I sent $100 to pay off Hillary’s debt. I also send her a letter expressing my appreciation. I just have to say that Obama scares me and will not be voting for someone I don’t believe he can take the country into the right direction. My husband is a Petty Chief Officer in the US NAVY and for the very first time he was going to vote Democrat, only if Hillary is on the ticket. We promised each other that we cannot vote for someone who doesn’t seem to care about our Troops and has not visited since 2006. Hillary is our first choice, if not on the ticket, then our votes will be going to McCain.
McCain’s got a lot of nerve pointing a finger at Obama’s Countryside contributions.
He’s probably just grumpy because he’s at the bottom of the Countryside contribution list. I suppose no politician likes to admit that they can be bought on the cheap.
People say McCain has had a lot more exprience than Barack Obama. I guess I’d have to go along with that:
http://www.scoop.co.nz/stories/HL0806/S00095.htm
where do I find the Foreclosure Timeline…
I’ll keep an eye out for more like this….