McCain campaign manager paid $1.8 million to help Fannie and Freddie on regulation
McCain's campaign manager, Rick Davis, took $1.8 million from Fannie and Freddie to help stave off regulation.
“The value that he (Davis) brought to the relationship was the closeness to Senator McCain and the possibility that Senator McCain was going to run for president again,” said Robert McCarson, a former spokesman for Fannie Mae.....
More than a half-dozen current and former executives, however, said the Homeownership Alliance was set up mainly to defend Fannie Mae and Freddie Mac by promoting their role in the housing market, and the two companies paid almost the entire cost of the group’s operations.
posted by mikevotes at
7:47 AM
5 Comments:
Why isn't Obama up by 20 points in the polls? Or more to the point, why does anyone think McCain-Palin would be anything but an unmitigated disaster for America?
Has Palin had her 15 minutes of fame? Is the spotlight now firmly focuses on McCain, current events, and his role in enabling these events?
By
-epm, at 8:53 AM
I can't wait to hear McCain stammering at the debate over this. Obama also has to hit him with the disputed ads alleging that Fannie Mae's former CEO is an Obama advisor.
By
Anonymous, at 8:56 AM
EPM, my theory is this. Despite any claims of identification, this country is roughly split down the middle, not necessarily by party, but by sympathy to party policies and propaganda. People may claim to be independents, but very few actually switch parties election to election.
....
Abi, Ideally, the moderators do it for you.
By
mikevotes, at 10:24 AM
Again, I've said it before in another thread, but it bears repeating.
A majority of Americans don't follow the news as closely as the readers of this blog. People have better things to do with their time, like watch Grey's Anatomy, Desperate Housewives, Terminator the TV show, or keep up on what flavor coffee Britney bought two hours ago over at Perez Hilton, TMZ and People.com.
It baffles me that the story of Wasilla charging women for their own rape kits finally hit the front page of CNN today.
By
Anonymous, at 10:41 AM
Fully agreed.
I was quite pleased this morning when I listened to one of those low information voters explain to me that Obama was for more Wall Street regulation and McCain was for none.
That's a nice broad message that's penetrating.
By
mikevotes, at 10:49 AM
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