Miller Recipient of Fannie Mae / Freddie Mac Funds

Press Release

Miller Recipient of Fannie Mae / Freddie Mac Funds

In his three terms in Congress, Brad Miller has become a favorite son of Fannie Mae and Freddie Mac. He is among the top of the list of recipients in the House of Representatives of political contributions from the mortgage lenders having received $18,000 at last report. It is no wonder that Brad Miller and others in Washington are supporting the bailout of Fannie and Freddie and other troubled financial institutions. In fact, Miller has received over half a million dollars in contributions from finance, insurance and real estate political action committees.

How can a man so tied to these institutions be trusted to do what is right for hard working North Carolinians in these tough economic times? While these companies were spending recklessly and throwing caution to the wind, Miller was happily accepting and spending their money to further his political career.

Former State Senator Hugh Webster believes that these companies, their executives, and directors must deal with the mistakes they made and not rely on the hardworking American taxpayer. In a free market society, it is not the responsibility of the taxpayer to pay for the mistakes and wrongdoings of the institutions that they trusted.

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