McCain's Fannie and Freddie Connections

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	McCain's Fannie and Freddie Connections

cptenaud

9-12-2008 10:06 AM

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tags:

mccain, lobbiests

cptenaud says:

A case of the fox gaurding the hen house.

1 Comment |

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9-18-2008 6:24 AM

blueridge

Democracy Now's latest podcast (regarding AIG) discloses that Obama was "owned" by Fannie and Freddie, contributing millions to his campaign, more than McCain's. Both parties are controlled and sponsored by the banksters.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/353fab7d-b3cf-483c-abbc-6a4eb87097a9/9BFC55E5-CCD7-4186-844B-DA8EAF684EAF/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.motherjones.com/mojoblog/archives/2008/09/9663_mccain_fannie_freddie.html" href="http://www.motherjones.com/mojoblog/archives/2008/09/9663_mccain_fannie_freddie.html" style="font-size: 11px;">www.motherjones.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.motherjones.com/mojoblog/archives/2008/09/9663_mccain_fannie_freddie.html">John McCain railed against Fannie Mae and Freddie Mac on the campaign trail today, saying that the CEOs that led the lenders to ruin <A target="new" href="http://latimesblogs.latimes.com/money_co/2008/09/john-mccain-tod.html">"deserve nothing"</A> and should have to pay back their severance packages. In an <A target="new" href="http://online.wsj.com/public/article_print/SB122091995349512749.html"><I>Wall Street Journal</I> op-ed</A> co-bylined by his vice presidential pick, Sarah Palin, McCain suggested bold reforms for Fannie and Freddie that would "terminate future lobbying, which was one of the primary contributors to this great debacle."</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.motherjones.com/mojoblog/archives/2008/09/9663_mccain_fannie_freddie.html">If that's the case, McCain should look first to his campaign staffers</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.motherjones.com/mojoblog/archives/2008/09/9663_mccain_fannie_freddie.html">Aquiles Suarez, listed as an economic adviser to the McCain campaign in a <A target="new" href="http://209.85.141.104/search?q=cache:aNG0U0R_2wsJ:www.vote-john-mccain-2008.com/Informing/News/PressReleases/268a0478-50ce-4cb2-8a27-9c74c8fcc8a4.htm+aquiles+suarez+economic+advisoer+john+mccain&hl=en&ct=clnk&cd=7&gl=us&client=firefox-a">July 2007 McCain press release</A>, was formerly the director of government and industry relations for Fannie Mae. The Senate Lobbying Database says Suarez oversaw the lending giant's $47,510,000 lobbying campaign from 2003 to 2006.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.motherjones.com/mojoblog/archives/2008/09/9663_mccain_fannie_freddie.html">In addition, <A target="new" href="http://www.politico.com/news/stories/0708/11781.html">Politico</A> reports that at least 20 McCain fundraisers have lobbied for Fannie Mae and Freddie Mac, pocketing at least $12.3 million over the last nine years.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/9BFC55E5-CCD7-4186-844B-DA8EAF684EAF/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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