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Countrywide Owns Obama

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:
countrywide.jpg

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.