McCain Campaign Head Paid $2 Million to Stop Mortgage Regulations

So this guy literally approves an ad that criticizes Obama for meeting a former CEO of Fannie Mae ONE TIME (the CEO was black...not sure if that had something to do with it) and, meantime, he's gotten $2mil from them for access to McCain.

As they'd say on Saturday Night Live (and I can't seem to get out of my head as a read this stuff)..."Oh Reeeeeally???"

I wondered why they used Raines (former Af/Am CEO) in the ad when he had no significant role in the campaign while Johnson, the former white Fannie Mae executive DID have a significant role. It seems that after they received criticism about that, they came out with another ad with Johnson instead.

Have aliens taken control of George Will's body?:
http://www.washingtonpost.com/wp-dyn/content/article/2008/09/22/AR2008092202583.html

This mess gets worse. The New York Times investigation reveals more, indicating that McCain and his campaign boyz are lying through their teeth about this:

One of the giant mortgage companies at the heart of the credit crisis paid $15,000 a month to a firm owned by Senator John McCain’s campaign manager from the end of 2005 through last month, according to two people with direct knowledge of the arrangement. The disclosure contradicts a statement Sunday night by Mr. McCain that the campaign manager, Rick Davis, 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.

They said they did not recall Mr. Davis doing much substantive work for the company in return for the money, other than speak to a political action committee composed of high-ranking employees in October 2006 on the coming midterm congressional elections. They said Mr. Davis’s his firm, Davis & Manafort, was kept on the payroll because of Mr. Davis’s close ties to Mr. McCain, the Republican presidential nominee, who was widely expected by 2006 to run again for the White House.

Ladd and iTodd,

Thanks for being such a good filter of "internet news" for your JFP readers.

I always look to these JFP pages to get links to "real news" from true "journalists" in the country who seem more and more to use the web to post their missives and facts.

Keep up the good work!

Thanks, Casual. We'll do our best. It's important for Mississippians to keep up with non-state media. We try to make sure the most important gets gathered in one place. And many of you help.

Thanks!

Whitley, George Will is clearly seeing that this mess goes beyond partisanship. The danger that McCain-Palin can do is unimaginable, and that is become clearer by the day. Only a partisan could deny it at this point.