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Old 08-02-2011, 12:45 AM   #1
Laqswrnm

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Default Bachmann defends loan she's fought against
Maybe hypocricy is something her husband can program people to forget about?

http://thinkprogress.org/economy/201...-without-them/

GOP presidential contender Michele Bachmann (R) has been in hot water in recent weeks for personally taking advantage of hundreds of thousands of dollars in government aid while denouncing the very programs she benefited from. Most recently, the Washington Post discovered that Bachmann and her husband signed for a $417,000 home loan backed by Fannie Mae or Freddie Mac just weeks before she called for the two mortgage giants to be entirely dismantled.

Bachmann has been a consistently fierce critic of mortgage lending programs and has advocated abolishing the government sponsored mortgage enterprises (GSEs) Fannie Mae and Freddie Mac. Yet she took out the maximum possible loan from those programs to finance her family’s move to a lavish 5,200-square-foot home on a golf course.

During an appearance this afternoon at the National Press Club, Bachmann gave a highly ironic defense of her use of federal home loans:


MODERATOR: I got a lot of questions from people asking is it fair for you to call for dismantling federal programs you ultimately have been a beneficiary of? So in terms of guaranteeing home mortgages, do you think the federal government has a role in that…?

BACHMANN: Now unlike all of you, who I’m sure pay cash for your homes, there are people out there like myself who actually have to go to a bank and get a mortgage. And this is the problem. It’s almost impossible to buy a home in this country today without the federal government being involved. Whether it is with the FHA, whether it’s with Fannie, whether it’s with Freddie, it’s almost impossible to buy a home…What’s important is that we do dismantle a number of these federal programs that everyone agrees are clearly out of control. She really made it an us and them arguement and put herself in the us group? She's making $174,000 (presumably as a Congresswoman), has a spiffy healthcare plan and a doctor husband. I wish I was one of them...
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Old 08-02-2011, 12:55 AM   #2
priceyicey

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The ultimate hypocrisy is that she actually spent years working for the IRS before deciding she could make more money saying that taxes were the root of all evil. Imagine the greeting she'd get at Tea Party rallies if she were introduced as "former IRS agent Michelle Bachmann."
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Old 08-02-2011, 04:00 AM   #3
fkisjjdhh

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Well, that could certainly benefit someone in any debates.
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Old 08-02-2011, 04:04 AM   #4
choollaBard

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Rolling Stone: http://www.rollingstone.com/politics...ector-20110711

Tax-hating Michele Bachmann used to work for the IRS
While presidential hopeful Michele Bachmann often touts her "federal tax litigation attorney" past, the WSJ digs a bit deeper: "Ms. Bachmann spent four years with the Internal Revenue Service district counsel office in St. Paul, Minn., from 1988 to 1992, and "worked on hundreds of civil and criminal cases," according to her congressional website. This part of her resume cuts two ways for Ms. Bachman, who ranks near the top of the GOP field in polls of New Hampshire and Iowa, where she campaigned over the weekend. She's a favorite of the tea party, for whom the IRS personifies government overreach. Ms. Bachmann, on the other hand, in her limited comments on the matter, says the experience formed her views on taxes.
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