Truth

There has been so much talk in the media regarding all the activity on Wall Street, and Government bailouts and such, that it's hard to tell what might be true, and what is just more clutter. Well, if there is one thing we are accustomed to in the media, it's clutter, so, let's see if we can cut through some of it.

First, with Obama and Biden hurling accusations at McCain about some of the people in the McCain campaign having once lobbied on behalf of Fannie Mae and Freddie Mac. This is true, but all it means is that some of the people that now work for McCain were once hired (or possibly not even them personally, but just the lobbying group they worked for) by Fannie and Freddie to present their wishes to members of Congress, not that their actions actually caused any of the problems with the giant psudo-companies. On the other hand, besides the fact that Obama has lobbyists in his campaign also, two of his top advisers used to be top executives at Fannie Mae, one of them having been the CEO who personally put in place the policies and procedures that lead directly to the failure of the past month or so. And he made over $90 Million during his tenure with the company.

Second, Obama keeps trying to lay the blame for the fall of these two giants at the feet of John McCain, even though Obama himself never took any action to try to head off a crisis, probably because of one of two reasons, either the money he was getting from them, or the fact that Democrats were deeply involved with these two, and, unlike McCain, Obama has never taken a stand against his own party, but I digress. The fact is that John McCain introduced legislation, and made speeches on the floor of the Senate to encourage action, that would have averted this disaster, but it was blocked by the Democrats... in this case, I'm not even sure Barack Obama was "Present," but it's certain he didn't do anything to protect us from this mess.

Third, the media keep saying that both candidates have received money from Fannie Mae and Freddie Mac, which is true, but it's not a complete truth. Out of the 535 Members of the Congress (House and Senate) Obama is number 3 in total amount of money received, McCain is around 325 or so. Somehow I think the media is not being completely honest... what a shock!

And, still on the topic of the money, they also fail to mention that there is only one person in the race who hasn't received any money from these companies, and that is Governor Sarah Palin. That's right, McCain has received just a little bit, Obama has received a ton, and Biden quite a hefty sum, but Palin, none. That's because Palin really is an outsider, and someone with an actual record of taking on the establishment and making people in Government work on behalf of the people, and not for their own interests.

There is also more talk in the media about Gov. Palin and the "Abuse of power scandal" in Alaska, I had hoped that they would finally learn how to be a little bit honest, but I guess they won't, so I'll have to explain what is going on there one of these days really soon.