Share this on:
 Facebook
 Twitter
 Tumblr
 E-mail
54
VIEWS
 
RECOMMENDS
4
SHARES
About this iReport
  • Not vetted for CNN

    • Click to view rikd's profile
    Posted September 19, 2008 by
    rikd
     
    |
    Location
    Venice, Florida
    Assignment
    Assignment
    This iReport is part of an assignment:
    Calling all cartoonists

    More from rikd
    More iReports you should see

    Change For Fools

    By rikd  |  Posted September 19, 2008  |  Venice, Florida
     

    Some reports trace Lehman Brothers collapse back to Fannie Mae and Freddie Mac,

    the two big mortgage banks that got a federal bailout a few weeks ago.

    To keep regulators off their backs

    Freddie and Fannie used huge lobbying budgets and political contributions.

       The top three U.S. senators getting big Fannie and Freddie political contributions were

    Democrats and No. 2 is Sen. Barack Obama. Jim Johnson, recently on Obama's VP search

    committee and who later resigned abruptly after questions about his home mortgage deals

    became a distraction for a candidate who argues he's not influenced by special interests.

           Is it easier to come up with solutions when you've been part of the problem?

                                         Change for fools!

    What do you think of this story?

    Select one of the options below. Your feedback will help tell CNN producers what to do with this iReport. If you'd like, you can explain your choice in the comments below.
    Be and editor! Choose an option below:
      Awesome! Put this on TV! Almost! Needs work. This submission violates iReport's community guidelines.
    More from this assignment - Calling all cartoonists
    On CNN
    Circle of Death
    On CNN
    Blood Sport
    On CNN
    Class
    See all 1,810 iReports
    Add your Story

    Comments

    Log in to comment

    iReport welcomes a lively discussion, so comments on iReports are not pre-screened before they post. See the iReport community guidelines for details about content that is not welcome on iReport.

    Add your Story Add your Story