Legal Commentary

Chutzpah: McCain Advisor Made Millions Lobbying For Fannie And Freddie

By Big Tent Democrat

The one thing John McCain is not in short supply of is chutzpah. Last week McCain was lying about former Freddie Mac CEO Franklin Raines advising Obama, both in his ads and on the stump. Just this morning, McCain spokesman Nicole Wallace repeated the lie on Morning Joe (and of course Scarborough did not challenge the lie.)

McCain's chutzpah is evidenced by the fact that McCain campaign manager Rick Davis made millions of dollars lobbying for Fannie Mae and Freddie Mac:

Senator John McCain’s campaign manager was paid more than $30,000 a month for five years as president of an advocacy group set up by the mortgage giants Fannie Mae and Freddie Mac to defend them against stricter regulations, current and former officials say. . . . “The value that he 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, who said that while he worked there from 2000 to 2002, Fannie Mae and Freddie Mac together paid Mr. Davis’s firm $35,000 a month.

(Emphasis supplied.) Lying about Obama's advisors while doing that he claims to criticize. That is John McCain in a nutshell - a lying, unprincipled, incompetent ideologue. McCain is a disgrace.

By Big Tent Democrat, speaking for me only

Full post as published by TalkLeft on September 22, 2008 (boomark / email).