change you can believe in.....?

it looks like fannie mae and freddie mac had a lot of 'change' on hand... and they gave a lot of that change to barack obama... to the tune of $126k of political money from the failed institutions.

When the federal government announced two months ago that it would prop up mortgage buyers Fannie Mae and Freddie Mac, CRP looked at how much money members of Congress had collected since 1989 from the companies. On Sunday the government completely took over the two government-sponsored enterprises, and we've returned to our data to bring you the updates, this time providing a list of all 354 lawmakers who have gotten money from Fannie Mae and Freddie Mac (in July we posted the top 25). These totals are based on data released electronically from the FEC on Sept. 2 and include contributions to lawmakers' leadership PACs and candidate committees from the floundering companies' PACs and employees. Current members of Congress have received a total of $4.8 million from Fannie Mae and Freddie Mac, with Democrats collecting 57 percent of that. This week we also wrote about how much money lawmakers had invested of their own money in the companies last year--a total of up to $1.7 million.

All Recipients of Fannie Mae and Freddie Mac Campaign Contributions, 1989-2008
1. Dodd, Christopher J S CT D $165,400
2. Obama, Barack S IL D $126,349


For those of you not aware, obama was elected to the senate in 2004. so, in 4 years, he's racked up the 2nd most money taken from those failed institutions of anyone in the last 10 years. you do the math.

the link

UPDATE
from politico:

Obama has raised a full $395,574 from employees and PACs of the now-bankrupt Lehman brothers, second only to Hillary Clinton.

Chris Dodd and Chuck Schumer did quite nicely, too; McCain is seventh among the firm's favorite pols (though its favorite Republican), having raised $145,100, according to OpenSecrets.org.