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tweety reporting that michele bachmann took money from fannie may and freddie mac

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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 04:50 PM
Original message
tweety reporting that michele bachmann took money from fannie may and freddie mac
Edited on Wed Jul-27-11 04:53 PM by spanone
to 'buy a golf course house' as chris matthews put it
just before she spoke about destroying it



***********

Bachmann benefitted from federal home loan program

Like many members of Congress, Rep. Michele Bachmann has been a fierce critic of Fannie Mae and Freddie Mac, blaming the government-backed loan programs for excesses that helped create the financial meltdown in 2008.

And like millions of other home purchasers, Bachmann took out a home loan in 2008 that offered lower costs to the borrower through one of the federally subsidized programs, according to mortgage experts who reviewed her loan documents.


Just a few weeks before Bachmann called for dismantling the programs during a House Financial Services Committee hearing, she and her husband signed for a $417,000 home loan to help finance their move to a 5,200-square-foot golf-course home, public records show. Experts who examined the loan documents for The Washington Post say that they are confident the loan was backed by Fannie Mae or Freddie Mac.

Seeing problems with the programs — especially the high costs to taxpayers — hasn’t stopped a concerned public or other members of Congress from taking advantage of the lower interest rates that come due to government backing.

http://www.washingtonpost.com/politics/bachmann-benefitted-from-federal-home-loan-program/2011/07/19/gIQAI12raI_story.html
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joeybee12 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 04:51 PM
Response to Original message
1. You know, I'm starting to think Palin learned her grifting ways from this piece of work...knr
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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 04:52 PM
Response to Reply #1
2. her entire career has been government subsidized.....
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joeybee12 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 04:57 PM
Response to Reply #2
5. I know, there seems to be no end of her using taxpayer money to
enrich herself.
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geardaddy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 05:01 PM
Response to Reply #2
8. Yep.
She's never had a private sector job.
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Ilsa Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 05:05 PM
Response to Reply #2
10. One of them said she's been "sucking at the government teat all thru her career. nt"
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Octafish Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 04:55 PM
Response to Original message
3. Hypocrisy, thy name is Bachmann.


Onomatopoeic with "Batboy."
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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 04:56 PM
Response to Reply #3
4. which pic is the real one!!! oh noes!!!
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Gregorian Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 05:00 PM
Response to Reply #3
7. Uncanny likeness!
Although, I MIGHT vote for batboy.
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tblue37 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 11:20 PM
Response to Reply #3
22. That separated at birth picture is even funnier--and more perfect!--than the ones
comparing Laura Bush and Jack Nicholson as the Joker. I used to think that the Joker resemblance was just a one-picture fluke, but there are so many different ones that I finally had to acknowledge that it is a real resemblance. Now I want to see more pictures of Bachmann and--uh, what is that?





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BeyondGeography Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 04:57 PM
Response to Original message
6. Griftopia
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sarcasmo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 08:39 PM
Response to Reply #6
17. I like that word, it should apply to mega church preachers as well.
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Ilsa Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 05:04 PM
Response to Original message
9. They said she's like a self-proclaimed teetottler who loves to imbibe.
David Corn reminded us that MB prosecuted people to force them to pay their taxes, and he said that won't go well with a lot of libertarian republicans.
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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 05:06 PM
Response to Original message
11. Rev Al is also going to discuss it
He's tearing the Teabagger a new one right now
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dgibby Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 05:06 PM
Response to Original message
12. IIRC, she also took farm subsidies,
and her clinic receives govt funding,as well.
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Bozita Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 08:36 PM
Response to Reply #12
15. and the WELFARE payments to her as a foster parent to a small army
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Blue Owl Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 05:09 PM
Response to Original message
13. What a POS
You suck, Bachmann. You're a hypocrite, a liar, and an idiot.
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Dawson Leery Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 08:27 PM
Response to Original message
14. The tea party response: "la la la la la la, I CAN'T HEAR YOU"
Hypocrites
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sarcasmo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 08:38 PM
Response to Original message
16. This needs to be emailed and posted as many times as possible.
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Brickbat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 08:41 PM
Response to Original message
18. Her supporters don't care. Seriously, the more it makes us foam and jump up and down, the more they
don't give a shit.
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gratuitous Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 08:44 PM
Response to Original message
19. You'll know she's done as the flavor-of-the-month when someone asks her about this
There's been a lot of reporting, but nobody has gotten Bachmann in front of a camera or a microphone to answer to explain her two-faced ways. She's still getting the flavor-of-the-month treatment that you may recall was accorded to T Rump. It was only when T Rump had to start filing financial disclosure forms that he suddenly remembered he had more important things to do than run the country. The same thing will begin happening when reporters start trying to get Crazy Eyes to answer some questions about the contradictions in her life.
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deacon Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 08:49 PM
Response to Original message
20. Calomedy Jane is another train wreck - of the same mold of Donald Chump. n/t
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Glimmer of Hope Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 08:52 PM
Response to Original message
21. I wonder is she will implode soon.
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