DEMOCRAT RESPONSIBILITY FOR DEBACLE AT FANNIE MAE AND FREDDIE MAC

I have noted before the Democrat responsibility for the debacle at Fannie May and Freddie Mac and the reluctance of the McCain/Palin ticket to get specific and go after the culprits. 

Now the NRCC has put up an ad that finally does the job.  Click here.  You gotta see this.  It names names of the guilty ones on the Democratic roster related to Fannie Mae and Freddie Mac. (HT: Stephen Spruiell at the Corner)

Note also the facts and figures assembled by Andy McCarthy:

Executive compensation:

Franklin Raines (Obama adviser and Fannie CEO 1999-2004):  $90 million

Jim Johnson (Obama adviser and Fannie CEO 1991-1998): $21 million in 1998 alone — which, as Byron has detailed, was initially concealed from the public) (I haven't been able to find, in a quick search, how many more millions he made from 1991-1997)

Jamie Gorelick (former Clinton administration Deputy AG & Fannie vice chair 1998-2003): $26 million.

Campaign Contributions

Barack Obama, though only in the Senate since 2004, took in $126,349 from Fannie & Freddie (second only to Sen. Chris Dodd, $165,400 — whose collections go back to 1989). 

Taxpayer Liability Increase

Potentially $5 trillion.