My only disappointment is that this will be old news by election time.
http://apnews.myway.com//article/20080518/D90OAEE00.htmlWASHINGTON (AP) - John McCain's national finance co-chairman has stepped down, the latest casualty of a presidential campaign eager to cauterize damage caused by its ties to lobbyists.
Former Texas Rep. Thomas G. Loeffler, one of McCain's key fundraisers, resigned in the wake of a new McCain policy on conflicts of interest that required campaign volunteers to disclose their lobbying connections
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Among Loeffler's clients is the European Aeronautic Defence and Space Co., the parent company of plane manufacturer Airbus. Northrop Grumman Corp. (NOC) and EADS won a lucrative contract to provide air refueling tankers for the Air Force. McCain helped scuttle an earlier contract in 2004 that would have gone to a competitor, Boeing Co. (BA)
Loeffler's firm also has lobbied for other foreign interests and foreign governments. Newsweek reported over the weekend that Loeffler's firm was paid $15 million by Saudi Arabia. The news magazine also said Loeffler listed meeting McCain along with the Saudi ambassador to "discuss US-Kingdom of Saudi Arabia relations," even though Loeffler told a reporter last month that he had not discussed his clients with McCain.