9/24/2008

McCain Campaign Manager Helps Create Economic Mess

The Obama campaign has been airing commercials here in Florida that say McCain's staff is filled with evil, baby-eating Washington lobbyists. You know you can't believe a thing from the campaigns in September and October. Well, as it turns out Obama was right and McCain is still a liar. Here's some information from the New York Times:
WASHINGTON — One of the giant mortgage companies at the heart of the credit crisis paid $15,000 a month from the end of 2005 through last month to a firm owned by Senator John McCain’s campaign manager,  according to two people with direct knowledge of the arrangement.
The disclosure undercuts a statement by Mr. McCain on Sunday night that the campaign manager, Rick Davis, had had no involvement with the company for the last several years.
Mr. Davis’s firm received the payments from the company, Freddie Mac, until it was taken over by the government this month along with Fannie Mae, the other big mortgage lender whose deteriorating finances helped precipitate the cascading problems on Wall Street, the people said.
If McCain wins, this guy can be in charge of your 700 bazillion dollars! Now McCain blames the newspaper for his troubles. It looks like two more people in the McCain campaign also hate you, William Timmons Sr. and Mark Buse. Both have ties to Freddie Mac.