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POPSFreddie Mac Paid $2 Million to Target Republican Senators In 2005 Freddie Mac paid a consulting firm $2 million to target Republican Senators to kill legislation that would have regulated the institution and perhaps save it from collapse. In a letter written to then Majority Leader Bill Frist, Sen. Chuck Hagel and 25 other GOP Senators warned: ""If effective regulatory reform legislation ... is not enacted this year, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system and the economy as a whole." Little did they know that they were being done in by their own colleagues under the influence of an intense lobbying campaign. This is yet another smoking gun.
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POPSMyanmar and McCain - the Dirty Connection John McCain has become linked to the military junta of Myanmar at an embarrassing time, as one of his top aides was caught working for dictatorship. Now reasonable people may wonder - what other projects are all those other lobbyists on the McCain campaign working on, on the side?
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