John McCain Lied About Campaign Manager's Ties to Freddie Mac
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The biggest story of the campaign
Top McCain adviser lobbied for Freddie until this month
Where is the outrage?
24 September 2008
On Sunday, in an interview with CNBC and The New York Times, John McCain stated unequivocally that his lobbyist campaign manager, Rick Davis, has had no involvement with Freddie Mac for several years. Today, however, The Times reveals that Freddie Mac paid Davis's firm $15,000 a month from the end of 2005 through last month. The payments ceased only after the beleaguered mortgage giant was taken over by the federal government a couple of weeks ago.
The two officials with direct knowledge of Freddie Mac's post-2005 contract with Davis spoke on condition of anonymity. One is a Democrat and the other a registered independent. Four other outside consultants, three Democrats and a Republican also speaking on condition of anonymity, confirmed that it was widely known that Davis was being paid though his firm.
These revelations obviously reak of hypocrisy on the part of McCain, who has levied repeated and widely discredited charges that former Fannie Mae executives have served as Obama advisers.
--MORE--
The biggest story of the campaign
Top McCain adviser lobbied for Freddie until this month
Where is the outrage?
24 September 2008
On Sunday, in an interview with CNBC and The New York Times, John McCain stated unequivocally that his lobbyist campaign manager, Rick Davis, has had no involvement with Freddie Mac for several years. Today, however, The Times reveals that Freddie Mac paid Davis's firm $15,000 a month from the end of 2005 through last month. The payments ceased only after the beleaguered mortgage giant was taken over by the federal government a couple of weeks ago.
The two officials with direct knowledge of Freddie Mac's post-2005 contract with Davis spoke on condition of anonymity. One is a Democrat and the other a registered independent. Four other outside consultants, three Democrats and a Republican also speaking on condition of anonymity, confirmed that it was widely known that Davis was being paid though his firm.
These revelations obviously reak of hypocrisy on the part of McCain, who has levied repeated and widely discredited charges that former Fannie Mae executives have served as Obama advisers.
--MORE--