Why nothing on Fanny Mae deals?

Why has the media ignored Obama's ties to the loss of $100 million in Fannie Mae by his campaign adviser with the name of Frank Raines.

Clinton crony and Obama adviser Raines took the helm in 1999 at Fannie Mae and used it as his personal piggy bank, looting it for a total of almost $100 million in compensation by the time he left in 2005, being accused of overstating earnings and shifting losses so he and other senior executives could earn big bonuses.

Raines had reportedly steered Fannie Mae business to subprime giant Countrywide Financial, which was saved from bankruptcy by Bank of America.

Of course, why aren't the Democrats, especially Democratic Senator Dodd who had a cushy interest-free loan from Countrywide, being investigated?

Check it out at http://en.wikipedia.org/wiki/Franklin_Raines and http://ibdeditorial.com/IBDArticles.aspx?id=306370789279709

Oh, the party of the people who believe "government is the solution" to all ills has used the government for its profit while looting from the people.

James E. Unger

Glendale Heights