All I know for sure about the latest financial crisis is that both sides will try to make some political hay out of it.
That said, this is pretty interesting:
"You look at Obama's economic advisers, the guys he has counted on from day one and who have raised him a ton -- and I mean a ton -- of money: Franklin Raines and Jim Johnson, both of them are waist to neck deep in the mortgage debacle."
Both Raines and Johnson have served as CEO of Fannie Mae, with Raines taking over from Johnson. Both are key political and economic advisers to Obama.
"How can Obama go out with a straight face and saw it was Republicans who made this mess, when it is his key advisers who ran the agencies that made the big mess what it is?" says a Democrat House member who supported Sen. Hillary Rodham Clinton. "It's his people who are responsible for what may well be the single largest government bailout in history. And every single one of them made millions off the collapse that are lining Obama's campaign coffers. If the McCain campaign lets this one go, they deserve to lose."
h/t Over-the-Hill Oracles, via The Right to Bear Arms. I must have found it on Right to Bear Arms via some other blogger but honestly can't remember who. If I figure it out, I'll post it here.
And now, let's just wait to see how the drive-by media, as Rush puts it, covers this little-known-fact about Obama. Which of course will be not at all.