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Fannie, Freddie spent $200M to buy influence - Lobbyist ties to McCain

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Gnister Donating Member (139 posts) Send PM | Profile | Ignore Wed Jul-16-08 06:43 AM
Original message
Fannie, Freddie spent $200M to buy influence - Lobbyist ties to McCain
Somebody wonders why and how Fannie Mae and Freddie Mac have survived scandal and crisis......

Seems that McCains campaign manager Rick Davis as well as many important McCain fundraisers have been active in lobbing for the company bosses that have behaved extremly unwise only looking at their own intrests and their own money pockets....

http://www.politico.com/news/stories/0708/11781.html?click

We really have to start focus on McCains all lobbing ties and how he will support big business instead of all hard working americans!
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Captain Hilts Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-16-08 07:50 AM
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1. Freddie uses the same pollster as the Bush White House. nt
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1776Forever Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-16-08 08:08 AM
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2. Extremely important! Voters need to realize their is a huge difference in McCain before & now!
I think a lot of independents are still in the 2000 McCain mode where he was a maverick and not realizing what a sell out he has been in the last 4 years!

More Lobbyist Ties in McCain Camp

May 19th, 2008 by Michael - Posted on YouDecide 2008

http://www.youdecide2008.com/2008/05/19/more-lobbyist-ties-in-mccain-camp/

Michael D. Shear of the Washington Post report, May 19, 2008:

McCain has built his reputation in Congress on fighting special interests and the lobbying culture, but he has been criticized for months about the number of lobbyists serving in key positions in his campaign. Until recently, his top political adviser, Charles R. Black Jr., was the head of a Washington lobbying firm. Black retired in March from BKSH & Associates, the firm he helped found, to stay with the campaign. Davis ran a lobbying firm for several years but has said he is on leave from it.

Black, in particular, remains in the cross hairs of McCain’s critics. Campaign Money Watch, a nonpartisan watchdog group in Washington, yesterday praised Loeffler’s departure but renewed its call for Black’s departure. The group has launched a Web site, http://www.firethelobbyists.com, to urge McCain to rid his campaign of their influence. Loeffler’s lobbying for Saudi Arabia and other foreign governments was revealed over the weekend.

One of McCain’s strongest selling points is his hard stance against lobbyists and special interests, and it is thus natural to find it as a point of critique by the Democratic candidate.

Domenico Montanaro of MSNBC writes, May 19, 2008:

The latest is the resignation of national finance co-chair Tom Loeffler, the fifth person who has left the campaign due to lobbyist ties. Loeffler was a key guy. How key? Just check out the McCain campaign’s reaction yesterday after Obama knocked McCain for his ties to lobbyists — like Loeffler: “Just a few years ago when Barack Obama was beginning his career in politics, he was launching it at the home of William Ayers, an unrepentant domestic terrorist… If Barack Obama is going to make associations the issue, we look forward to the debate about Senator Obama’s associations and what they say about his judgment and readiness to be commander in chief.” Whoa. One thing to keep an eye on this issue of severing ties with lobbyists is that McCain may get criticism from his own supporters for creating a policy that was doomed to cause him problems. Expect to see a lot more blind quotes reminding McCain that nobility on an issue doesn’t deliver an electoral majority.

McCain’s work on ethics reform has drawn fire from the Republican right in recent months. These recent hurdles might only serve to justify the earlier skepticism. The McCain campaign will have to make concerted efforts to protect the political capital that goes with this platform, and it is more than likely we will hear about this later in the upcoming presidential candidate debates.
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Gnister Donating Member (139 posts) Send PM | Profile | Ignore Wed Jul-16-08 11:51 AM
Response to Reply #2
3. Yes, a diffrence AND that he's very similar to Bush
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cyberpj Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-16-08 01:55 PM
Response to Original message
4. Not surprised. Just continually more and more sad. nt
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NattPang Donating Member (993 posts) Send PM | Profile | Ignore Wed Jul-16-08 01:57 PM
Response to Original message
5. This is an outrage.
Last I remember,
the corporate Media
made a big deal
at Sen. Dodd getting
a Mortgage from Countrywide.
This is 100X worse.
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