McCain’s Campaign Manager: $35,000 a MONTH for 5 years from Fannie Mae & Freddie Mac

What do you think?  From the New York Times 22SEP08:

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…

Mr. McCain, the Republican candidate for president, has recently begun campaigning as a critic of the two companies and the lobbying army that helped them evade greater regulation as they began buying riskier mortgages with implicit federal backing….

“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. Mr. Davis “didn’t really do anything,” Mr. McCarson, a Democrat, said.

I don’t know about you, but, I’d love a job that pays $35,000 frickin’ dollars a MONTH where you don’t have to do anything. Where do I sign up?

John McCain and the Republicans have been against regulation in any form possible. It’s only since early last week that John McCain has had to acknowledge that we are in this economic stranglehold due to lack of regulation. Unbelievable.

Has John McCain vetted his campaign staff?  How did Rick Davis and Phil Gramm make the cut?  This isn’t change–it’s more of the same.  Who does John McCain think he’s kidding.  Not me.

Enough!   Obama-Biden for President in 2008!!

Democrat Dave


3 Responses to McCain’s Campaign Manager: $35,000 a MONTH for 5 years from Fannie Mae & Freddie Mac

  1. Sherry says:

    Yeah, I read this at Break the Terror earlier today. Isn’t it just weird? is McCain either so out of touch that he doesn’t know these things or is he a serial liar? Does he think nobody will find out? Does he not believe in xerox machines and such? I mean how exactly do you stand there with a straight face and lie? I guess it’s the new Republican party mantra, “we are the party of liars.” So be it.


  2. culturepress says:

    Another atrocity in the McCain camp. Thanks for reporting this.


  3. Nc says:

    The most disturbing thing is that many, many Americans keep their blinders on and never even read about these incredulous happenings…and stay caught in the special interest box.


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