Congressional Hispanic Caucus sold advocacy for donations

    This story in the Wall Street Journal has not been given enough attention. Basically, the Congressional Hispanic Caucus created an entity to advocate for subprime loans to their constituents in exchange for donations to members of the Caucus. [...] The caucus launched a housing initiative called Hogar — Spanish for home — to work with industry and community groups to increase mortgage lending to Latinos. | Read More »

    McCain campaign attacking Fannie Mae in slideshow [UPDATED]

    [UPDATE: If you read the Ambinder piece, you'll see that this was leaked to Marc: it's an internal document designed to make sure that the GOP's people are up to speed on this issue. - Moe Lane] This makes a good point. Congress (Republican and Democratic) attacked Enron, but nothing against the politically connected Fannie Mae. Here’s a slide show, care of Marc Ambinder, that | Read More »