Michele Bachmann Benefited From Home Loan Program She Opposes

Posted by | July 27, 2011 16:02 | Filed under: Top Stories

Congresswoman and presidential hopeful Michele Bachmann blames Fannie Mae and Freddie Mac for creating the financial crisis, but that didn’t stop her from using those programs for her own benefit.

Just a few weeks before Bachmann called for dismantling the programs during a House Financial Services Committee hearing, she and her husband signed for a $417,000 home loan to help finance their move to a 5,200-square-foot golf-course home, public records show. Experts who examined the loan documents for The Washington Post say that they are confident the loan was backed by Fannie Mae or Freddie Mac.

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Copyright 2011 Liberaland
By: Alan

Alan Colmes is the publisher of Liberaland.

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