Monday, September 22, 2008

Low blows get the Karmac Treatment


Having lied and lied and lied again about Obama's ties to the former President of Freddie Mac (the fact that it was false, undoubtedly overcome by the fact that Franklin Raines is a black guy), the NY Times reveals psychic justice. Not only did his campaign chair, Rick Davis make $2 million lobbying for Freddie Mac, the reason this is now coming to be reported is this:

Incensed by the advertisements, several current and former executives of the companies came forward to discuss the role that Rick Davis, Mr. McCain’s campaign manager and longtime adviser, played in helping Fannie Mae and Freddie Mac beat back regulatory challenges when he served as president of their advocacy group, the Homeownership Alliance, formed in the summer of 2000. Some who came forward were Democrats, but Republicans, speaking on the condition of anonymity, confirmed their descriptions.

“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.

So Freddie Mac paid Davis $2,000,000 because they wanted to be in the warm embrace of Huggy McEjector Seat.

That's hypocrisy you can believe in, my friends.

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