A stunning example of the incredible disconnect between the mainstream media and the blogosphere is this video of the interim Fannie Mae CEO, Daniel Mudd, addressing the Congressional Black Caucus, including Barack Obama, at their swearing-in ceremony in 2005. Although this video is spreading quickly in the blogosphere, you have yet to see or hear anything about it in the MSM. As you can see in the video, Mudd talks about the problems of Fannie Mae yet that didn't keep Obama and other Democrats from taking large contributions from that organization or doing anything to try to fix it. Here is a transcript of CEO Mudd addressing the Democrats (emphasis mine):
Good morning members of the Congressional Black Caucus. I am humbled to come here today to reaffirm the friendship and partnership between Fannie Mae and the Congressional Black Caucus. Fannie Mae is determined to keep tearing down the barriers to deliver on the American dream and that means we need to work together with the CBC. So many of you have been good friends to Fannie Mae and our mission. You've been friends through thick and thin. We have indeed come upon a difficult time for Fannie Mae. There is much to be done inside my company and I humbly ask you to help us and to help me. If there are areas where we are missing. If there are areas where we could do better, we'd like to hear it from our friends and I'd be so bold as to say our family first.
It is true that Fannie Mae has lent more money to more minorities and more underserved individuals than any single company in history.
We will work hard inside our company to resolve the serious matters before us to put our house in order and to forge a new future. And all the while you will see Fannie Mae reaching out and listening to the caucus. Over a century of endeavor you have earned the reputation as the conscience of Congress. In many ways I want to tell you today you are also the conscience of Fannie Mae. Keeping us on course to serve those who need serving the most.
As of this writing, a check on Google News shows NO news outlet has so much as mentioned this video despite the fact of Obama being present and later receiving $126,349 from Fannie Mae. Ask yourself this, if the CEO of Fannie Mae had addressed a similar "family" speech to a group of congressional Republicans who had received big donations from that organization, do you not think the video would have already appeared on the nightly news of the major networks?
H/T: Gateway Pundit
—P.J. Gladnick is a freelance writer and creator of the DUmmie FUnnies blog.
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This will be
September 18, 2008 - 08:37 ET by 10ksnookerOn all the nightly news channels, won't it ??
I was confused by this posting . . .
September 18, 2008 - 08:41 ET by clifcrdsI was confused by this posting . . . wasn't it just yesterday that Nancy "San Fran Nanny State" Pelosi told Americans that the Democrats were NOT to blame for the market crisis?
So Nancy, are we to believe this video or your blathering botoxed lips?
Democrats are not to blame for this mess . . . Dr. Evil says "RRRRRRRRiiiiiiiiiggggghhhtt"
Clinton's Military Philosophy - Tanks In Waco OK . . . Tanks In Mogadishu NOT OK
Mudd
September 18, 2008 - 08:48 ET by nuttyMudd spelled backwards = Obama
absolutely, if it had been the Republicans, it would have been all over the news.
McCain Camp??
September 18, 2008 - 08:53 ET by WonkaVisionWhere the hell is the ad campaign skewering the Dems and Obambi on this Fannie/Freddie mess?! Instead of going after them, both McCain and Palin have been spouting some populist cheese-whiz!!
The campaign and McCain have been doing really well since around Saddleback....but they are really bombing on this issue.
PLEASE STOP IT! Go for the kill on this one!
Wonka - The Presidential Debates are waiting for this Subject
September 18, 2008 - 09:20 ET by JayTeePatience ... The Debates are where mano Y mano Obama can't HIDE from this one. the MSM cannot protect BHO on the Economy during the Debates.
McCain can Slice and Dice.
The Republican Revolution will not be Televised
The MSM will cover Barry
September 18, 2008 - 08:57 ET by Mica the MagnificentNo problem.
Just like he did when asked about his preacher, Jeremiah Wright, and his spewing of hatred, Barack will claim he never heard Daniel Mudd say those things even though he was in the room.
He was thinking about the American people at the time.
Awwww. He's so Barack-y.
And the other thing he'll
September 18, 2008 - 09:19 ET by motherbeltAnd the other thing he'll say is "That's not the Daniel Mudd I knew."
And the MSM will say "Oh, OK then."
I wish McCain would put out an ad saying that Obama was the #2 recipient of Fannie Mae money, behind Chris Dodd. And that he got into that position in less than 3 years!!
A Great issue for Debates - soon the "Economy" ? will be asked
September 18, 2008 - 09:06 ET by JayTeeMcCain is gonna mop the Debate floor when the Pres. debates hit the Economy Questions.
McCain can speak on his 2005 efforts.......Obama can talk about HOPE
The Republican Revolution will not be Televised
Countrywide - lead the way
September 18, 2008 - 09:26 ET by Gary HallCountrywide Financial - lead the way.
More on the connection to the Democrats:
Angelo's Friends - slide show
Angelo's Fannie Pac - Some former Countrywide cronies have found comfy jobs at Fannie and Freddie
Angelo's Many "Friends"
Something else not reported
September 18, 2008 - 09:38 ET by ArcherBJohn McCain on May 25, 2006 said:
No one is reporting this. Why?
"To send men to the firing squad, judicial proof is unnecessary."
--Ernesto "Che" Guevara
I love how Waxman has called
September 18, 2008 - 10:00 ET by athoughtor2I love how Waxman has called for hearings on Lehman and AIG but no hearings on Freddie and Fannie....I wonder why? any guesses and the 1st 3 do not count. unless you say skylab is still falling and a piece hit Waxman on his head.
Fannie Mae the tip of the Democratic Party Take over
September 18, 2008 - 11:12 ET by VinncyGWhat is presented in this video should not surprise you. The fact that it is not all over the mainstream media should not surprise us. What should surprise us is the blinders democrats have and refuse to see even when resented in video form.
Why is that, one guess is the freebies the democrat's hand out to control a class of people from fending for themselves. The other unfortunately is their quest for power goes far beyond the safety and well being of this country.
Barack Obama is a demagogue. A false profit idolised for nothing other than he is a democrat.
If there are real honest people left in that party it's time you started to open your mouths and speak up, it's one thing to be sheep and allow the extreme left take control of your party, but now our country's financial future and its potential sovereignty is at stake.
Take off your blinders, there has to be some sensible people in that party. Your Messiah has horns.