When it comes to real change, Sen. Barack Obama is not the candidate, according to proceedings and discussion this morning before a House oversight committee on financial regulators.
From numbers assembled on political donations from Fannie Mae and Freddie Mac the past 20 years, Obama has received the most money of any congressional candidate from the lending institutions that ultimately needed a $200 billion bailout by taxpayers and Congress.
In fact, Democrats receive the most donations from Wall Street for their campaigns.
The revelation about Obama by Florida GOP congressman John Mica was not refuted by any Democratic congressperson on the panel. So it must be true, and the truth remains something Obama should address before Nov. 4 for voters who have had their lives forever changed by the scandal on Wall Street.
Today's hearing is about trying to get answers from our goverment's overseers of the financial markets about how they missed the ongoing economic and financial catastrophe. That's the Federal Reserve, SEC and Treasury Department.
From Rep. Mica's numbers, we have one answer why.
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