McCain Campaign Manager Paid Millions To Lobby Against Regulation On Behalf Of Fannie & Freddie
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. He and his Democratic rival, Senator Barack Obama, have donors and advisers who are tied to the companies.
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. Read on...
Barack Obama and Joe Biden need to jump on this story and keep hammering away until the corporate media can no longer ignore it. The U.S. stands on the brink of the next Great Depression thanks to Bush/McCain deregulation policies and now we find out that the man who runs the McCain campaign was paid handsomely to lobby for these fatal policies on behalf of Fannie Mae and Freddie Mac, even as he repeatedly tries to tie Obama to those companies. Voters need to know how we got into this mess and who is responsible. It was John McCain, his elite lobbyist cronies and the Republican party. I agree with John:
There should be a campaign to demand that McCain's campaign manager, Rick Davis, give ever penny back to the American people. There had better be an ad about this out by COB Monday, and calls for Davis' resignation.
The McCain campaign thinks we're a nation full of whiners and cowards who should just STFU, take a second or third job and cancel our vacations and be thankful for what we're fed. The lack of respect is stunning -- is this the kind of leader you want?
This financial mess needs to be hung like a millstone around the McCain campaigns neck.
When questioned about his involvement with Freddie and Fannie, Mr. Davis replied.."I drink your milkshake! I drink it up!! Sluuuuurp!"
UNFORGIVABLE! These asshats need to be taken - TODAY - to Gitmo and left in the sand.
The media (MSM) needs to pick up on this along with the work that's being done on behalf of McSame for Paulson to get his grubby little hands on A TRILLION DOLLARS of the taxpayers money with no strings...
I don't think so.
I hope somebody mentions this during the debate. Oh wait, the MSM is pwned!
We could send them all to Iraq as "Surge Evaluation Specialists"... you know, walk the streets and make sure the surge is "still working".
If the American people are not happy with their present economic condition...they need to just work harder. They need to pull themselves up by the bootstraps. Take another job. Be industrious. Be an entrpreneur. Vacations are for slackers.
This is the ownership society. We control our own destinies.
Vote McCain '08 for more of the same.
"Barack Obama and Joe Biden need to jump on this story and keep hammering away until the corporate media can no longer ignore it."
_______
But, Obama still refuses to admit that the Surge has been a fabulous success.
That's the message of a McSame TV spot airing over & over & over & over in my media market right now.
i.e. Change The Subject.
Rick Davis is one sleazy SOB.
The ideal place to spring this little gem would be during the debate on Friday. Make it a tripple header: Phil Gramm did the deregulation, Carlie Fiorino is an example of one of those CEOs that ran a company into the ground and got a 40 million dollar golden parachute, and Rick Davis made sure the mortgage industry wouldn't be regulated.
So, WHO exactly is McCain referring to when he says he's going to clean up the old boys network in Washington? His own staff?
Just an FYI - the article is in the New York Times, not the Washington Post......
Millions? That is one lobbyist who can't do math. A mere pittance compared to his boss' profits.
liberAL @ 8:
But he's a good buddy of G W Bush.
Everyone would love to have a beer with THEM!!
Perhaps McCain and his friends Gramm and Davis could all give a few million each to help the bailout along and lessen the middle class burden. No - I did not think so!
yeah, but bill clinton signed the regulatory rollbacks in '99.
we have to admit that, otherwise we look silly.....
OT Just saw Tucker Bonds on MSNBC. Why do they continue to have this a**hole on? No matter what the question posed to Tucker he manages to spin the answer to somehow include Obama. He can't speak without mentioning Obama's name. Every question is answered with another question and usually including lies about Obama. What a total repug failure. Look closely at Tucker, is he drugged or what?
JS @ 13:
Oh, God. WTF? Perhaps Rubin and Furman could kick in too. You're missing the big picture here. Its bipartisan rape of unbelievable magnitude and we're the f*cked.
Tina Fey's child pointed to Slick Sarah on TV and said "That's mommy!" to which Tina Fey vowed to stop playing Slick Sarah after Nov 5th. http://www.huffingtonpost.com/2008/09/22/tina-feys-emmy-night-humb_n_128...
Holy fuck.. 30k a month for that!!?
I mean sure.. after the past decade were used to the hypocrisy by now..
But comon now...
When do the Trials begin?
We should give these "Elitist" scum what they deserve..
When mcsame smiles I am reminded of the lyrics from "You're A Mean One Mr. Grinch". He's got all the tender sweetness of a sea sick crocodile.
In fact he should stop with the fake smiles. He always looks like a corpse in full rigor.
God, I HATE these blood sucking greedy people! I don't even make $30,000/year...
Ouch ....... that's going to leave a mark!
How many more blows to the head can idiot McSame take before they put the Pitbull at the top of the ticket .......for health reasons!
They could run her with Ghouliani ...... He was a Mayor and he likes to wear lipstick too!
The pitbulls and crossdressers ticket!
Between this guy and Cash Grab Gramm, McCain is getting sage advice, I am sure.
this messis on the GOP calendar.....'the buck stops here'
eliot spitzer tried to bring light upon the predatory
angle of this crisis.......you may remember what happened to him shortly after he pointed his finger at the bush administration.
My God, the corruption is endless. These maggots should all be in jail. I blame the ignorance of the American people. First Bush destroys everything, now McSame will just let us slide into a free-fall. What are we going to do if McSame wins?
bryancri @ 14:
GOP Congress with a large majority. Oh...and the GOP was wagging the dog with Monica.
P.D. @ 24:
Americans aren't ignorance. They can name all the winners of American Idol...in order!
Ooops...IGNORANT...not ignorance.
Please...I don't want to be taken away by the grammar Nazis.
Grandpa,
You need to either distract everyone with another bullshit outrage, produce your most racist 527's, or catch OBL at hell's gates because this tricky economy stuff and your record has really got it's foot up your ass.
$30,000 a month is the outrage? Are you kidding me?
Last night, the Fed made Goldman Sachs and Morgan Stanley the "Holding Banks" for the bad debt we will be buying in the bailout making hundereds of millions in the process.
Paulsen and Robert Rubin are former Goldman CEOs.
Hellllooooooo. How much clearer does it have to get?
sofla @ 1:
Alllbatross. Get your albatross here.
Guillotines for rent.
Get your Guillotines here.
Nick @ 22:
Don't forget Sarah the Talking Snake Slayer is praying for that Alaskan pipeline, so once Baby Jesus delivers we can rejoice for we will be well on our way to a full recovery.
Johnny2Bad @ 29:
Ssssssh...the people are busy focusing on important things....Jerry Springer is on.
Bush = REPUBLICAN
McCain = REPUBLICAN
McCain voted 90% WITH Bush
Why is that so hard for so many Republicans to understand? Are they stupid or ignorant - or both?
Alice X - (Chomsky Nader) - status quObama - change you can pretend in - @ 31:
We have several models.
This week's special is a compact model that fits in the back of an SUV.
Easy set up, easy tear down. Easy to clean.
Durable.
Get your Guillotines here.
Alice X - (Chomsky Nader) - status quObama - change you can pretend in - @ 31:
LOLOL! Half the public can't spell guillotine...and the other half can't pronounce it! LOLOL!
C'mon....it's time to SING! Gawwwwwwd...Bless A...merrrrr...i...caaaa.......Laaaaaand....that I loooooove....
Hmm. Deregulation was good for the economy before it was bad? Well McCain has managed to say one thing in which I have full faith and credence. He really doesn't know anything about the economy.
boon @ 34:
The Clinton years of peace and prosperity terrified them. That's why they tried to overthrow the last elected president this nation had. They don't want to return to those Gawd Aful days.
rduke @ 18:
Gladly - but I don't want the karma that results from murder.
Liberal AND Proud @ 25:
And the "regulatory rollbacks" were inserted by Gramm as the Commodity Futures Modernization Act at the 11th hour in connection with a larger spending bill in 2000 which had to get passed before Clinton left office. See attached link http://casadelogo.typepad.com/factesque/2008/06/the-mortgage-cr.html
Ruthless People @ 38:
Ssssh...President Clinton's name must never be said...unless it is in the possessive form and followed by the word..."fault".
motherjones july/august issue....phil gramm was the
major player. he was the Bank Committee chairman
in the 90's. he layed down the ground work for this.
But Gramm's most cunning coup on behalf of his friends in the financial services industry—friends who gave him millions over his 24-year congressional career—came on December 15, 2000. It was an especially tense time in Washington. Only two days earlier, the Supreme Court had issued its decision on Bush v. Gore. President Bill Clinton and the Republican-controlled Congress were locked in a budget showdown. It was the perfect moment for a wily senator to game the system. As Congress and the White House were hurriedly hammering out a $384-billion omnibus spending bill, Gramm slipped in a 262-page measure called the Commodity Futures Modernization Act. Written with the help of financial industry lobbyists and cosponsored by Senator Richard Lugar (R-Ind.), the chairman of the agriculture committee, the measure had been considered dead—even by Gramm. Few lawmakers had either the opportunity or inclination to read the version of the bill Gramm inserted. "Nobody in either chamber had any knowledge of what was going on or what was in it," says a congressional aide familiar with the bill's history.
It's not exactly like Gramm hid his handiwork—far from it. The balding and bespectacled Texan strode onto the Senate floor to hail the act's inclusion into the must-pass budget package. But only an expert, or a lobbyist, could have followed what Gramm was saying. The act, he declared, would ensure that neither the SEC nor the Commodity Futures Trading Commission (CFTC) got into the business of regulating newfangled financial products called swaps—and would thus "protect financial institutions from overregulation" and "position our financial services industries to be world leaders into the new century."
But of course in this mornings Dallas Morning Nudes, was yet another letter to the editor writer trying to make the claim that the collapsing economy is due to the Democrats winning the control of Congress in 2006.
McCain - Gramm...the colostomy twins.
Alice X - (Chomsky Nader) - status quObama - change you can pretend in - @ 35:
For a limited time we are offering a special on PITCHFORKS.
Get your PITCHFORKS here.
If you call within the next half hour we offer a free road map to Washington DC.
Get your PITCHFORKS here.
Ruthless People @ 32:
In the end, that makes me hope even harder that Biden rips her a new one in the debate made especially for her.
Special interests, my derriere!
Oh...and for those of you that are interested...and for the trolls that always need education...go back and read Newt Gingrinch's Contract
OnFor America...and see how much of it was actually instituted by the Bush Administration and actually led to this debacle.ysbaddaden @ 43:
that's absolute nonsense. paper thin majority...on-going
record number of filibuster(s),veto and signing statements.....bush administration was in on this.
The Last Word @ 40:
bryancri @ 14:
Gramm-Leach-Bliley Act
Senate Vote 90-8-1 and in the House: 362-57-15.
41 Liberal AND Proud
You forget the Clinton years confused the reichwingers. They couldn't figger out whether the times were good because of the Republican Congress that took over in 94, or because it was to ray gunn's credit.
Certainly not Bubba.
Liberal AND Proud @ 33:
I know. What's worse is that C&L keep focusing on the f*cking horse race minutia. $30k a month? Jeez. That means absolutely nothing in regards to this mess.
Like Deepthroat said in 'All The Presidents Men': "You're missing the big picture."
Mick Piobr @ 39:
I'll take it. I'll take a million points of negative karma if it stops cronyism for the next hundred years.
Liberal AND Proud @ 6:
All I ask of the government is the invention of the 30 hour day.
"A Working Class Hero is something to be. You are all fucking peasants as far as I can see."....John Lennon, circa 1970
Conservative policies are a wonderful joining of capitalism and religion.
Thanks to the financial collapse...most Americans are praying again.
Liberal AND Proud @ 41:
Isn't that funny how the Rethuglicans bring up that rouge deficit spending senile old goon Reagan like he was some sort of God. The man left Clinton a record deficit to clean up surpassed only by the current supreme court installed "fiscal conservative" mistake. Yet the Democrats to this day are too timid to dare mention Bill Clinton's name on the campaign trail.
The Last Word @ 40:
Look. Only two that's right, Two Dems voted against that and Rubin pushed Bubba to sign it...so there's enough blame to go around here if you look closely.
An Average Joe @ 53:
Think what a thorn that John would have been in this Administration's side.
I miss him.
Alice X - (Chomsky Nader) - status quObama - change you can pretend in - @ 45:
TORCHES! Get your TORCHES! Lotsa TORCHES!
Step up in the next five minutes and get a free extra cloth and lighter fluid!
TORCHES!
TORCHES!
ysb@50, Remember the 'Contract with America'? Newt and his buddies had big plans for the middle class. Shame we didn't realize they were out to destroy us.
The bottom line is that the McCain campaign is full of crooks. This is a talking point the DNC has to push six ways to Sunday. I'm tired of the Democratic Party being p-whipped by these bastards. Of all times for a profile in courage, now is the time to take a stand and hit McCain below the belt with these facts instead of playing it off and rolling over on them.
This is such a mess, I can hardly stand it.
However, I did call all of my state reps and senators today to tell them I was adamantly opposed to the bailout without judicial oversight, that I had NO faith whatsoever in Paulson and his cronies.
As to Davis, others here on C & L are right. Obama needs to hit this with everything he's got -- not a gentle pushback but a full bodyslam.
Its good to know that in these tough financial times, our government is focusing on the truly important issues to help make things better...
http://money.cnn.com/2008/09/22/news/economy/US_onecent/index.htm?cnn=yes
Keep reaching for the stars, America! Soon that will be all we can do from our caves!
BobbyG @ 7:
If the Surge were "a fabulous success," then Bush should consider withdrawing troops. Fact is, it was somewhat successful, but other factors that had nothing to do with US troops contributed to its success.
Fact is, McPain's campaign manager was paid millions to lobby against regulation. McPain is going to have a hard time digging himself out of that hole.
Johnny2Bad @ 56:
Without getting to deep into this....CLinton won by running as "Republican-lite"...to coin a phrase...he was "compassionate conservative". He split the difference on alot of legislation that he passed. That is what made him an effective President.
MY VIEW...is that splitting the difference has proven to be the wrong way to approach politics with the GOP. They used personal shit to attempt to destroy Bill Clinton...even though they got alot of what they wanted in terms of legislation.
It's time for PROGRESSIVES and LIBERALS to run this country again. We NEVER created the types of deficits seen today, and created programs that helped EVERYONE...and business did not suffer.
It can be done again.
Obama/Biden '08
Alice X - (Chomsky Nader) - status quObama - change you can pretend in - @ 31:
Wait, aren't those French?
Personally, I like to now spend my time making fun of Grandpa.
The damage is done, the people will suffer...and in my opinion...deserve it. Ultimately the American People are paying the price for not paying attention...so....fine...OH WELLLLL.
There's still not enough pain. McCain is still within single digits. So, the country is still not interested in REAL change.
That's fine. I hope gas goes to $10 a gallon, milk costs $8 a quart and cereal costs $12 a box.
Maybe then the ignorant public will figure it out.
bryancri @14 Says:
yeah, but bill clinton signed the regulatory rollbacks in ‘99.
we have to admit that, otherwise we look silly…..
Yeah and B.Clinton was also responsible for 9/11 too....... Right?
Forget that he was out of office for twenty months. GWB was powerless to do anything in all that time to change the landscape and prevent a terrorist attack.
Just like he was powerless to do anything for eight years to stop the inevitable crash set in motion by Sen Phil Gramm (R) when he sneaked the banking changes into a budget bill in 1999.
See the full story here: http://www.motherjones.com/news/feature/2008/07/foreclosure-phil.html
The republicans have been running the show for eight years and have managed to completely f**k everthing up and now they want to continue to do it for four more years so they need a scapegoat....... someone to blame everything on.
Stop falling for the republicant mantra that always says find a way to blame the other guy! They have been asleep at the switch. It's happened on their watch. They are totally responsible for the mess this country is in!
Obama just talked about the subject of this post in his speech that I am watching live on tv. When he told about how much Davis was paid to do this, the audience erupted in long and loud sounds of disapproval.
here's a 50 second sound bite/video. chris dodd says mccain has 'selective memory'. also he mentions there was legislation in 2005 to address fannie/freddie debacle.
it was shot down. republican congress.
http://www.huffingtonpost.com/2008/09/19/chris-dodd-on-financial-c_n_127...
Liberal AND Proud @ 66:
Don't bet your milkshake on it.
65 Uppity Blue Lensman Says: Alice X - (Chomsky Nader) - status quObama - change you can pretend in - @ 31:
Guillotines for rent.
Get your Guillotines here.
Wait, aren’t those French?
_____________________________________________________________________
So we'll call them libertines.
Whatever happened to the story of mcgramps and this lobbyist?
http://img.dailymail.co.uk/i/pix/2008/02_03/IsemanNewAP_468x475.jpg
Uppity Blue Lensman @ 70:
Trust me...I won't.
I learned long ago never to underestimate the ignorance of the American public.
I'm looking forward to a President Palin...and then watching her roll back abortion.
I'm going to get great pleasure from that....and won't be a bit surprised.
And laugh my ass off when the whining starts.
pissed off patricia @ 68:
Did he mention Franklin Raines?
Guess not.
Liberal AND Proud @ 73:
It will be the golden age of S&M.
Uppity Blue Lensman @ 75:
Of course, and there will be tax cuts for the rich to ensure that they can buy enough bondage equipment to get the economy moving.
Liberal AND Proud @ 25:
still have to admit it......
after all, bush has a democratic congress, and yet he still vetoes plenty of bills.
75 Uppity Blue Lensman Says: Liberal AND Proud @ 73:
I’m looking forward to a President Palin…and then watching her roll back abortion.
I’m going to get great pleasure from that….and won’t be a bit surprised.
And laugh my ass off when the whining starts.
It will be the golden age of S&M.
________________________________________________________________
I could make a joke about the golden age but the site monitors would probably delete it.
And I must, daresay, express a preference and predilection for S&M.
S&M am I?
"Yeah and B.Clinton was also responsible for 9/11 too……. Right?"
oh, now don't go there. all i said was that clinton signed the rollbacks. period.
clinton was a major free marketeer, signed nafta and the telecom act. let's not go prancing around pretending that clinton was a liberal, ok?
hey mcLiar how's that knee jerk reaction you had to the financial crisis
going? you know ........the firing of republican SEC chairman chris cox
oh you found he can't fire him......i guess you don't have the most
knowledgable experience.
The Last Word @ 40:
bryancri @ 77:
One vote majority in the Senate...but not really...it is Lieberman...and he's a closet Republican, masquerading as an Independent...sucking off Connecticutt Democrats to hold his seat.
bryancri @ 79:
If you've ever ready most post...I've never called Clinton a liberal.
He was a centrist, and one of the most astute, pragmatic politicians in the last century.
Here's an interesting story just in from Project Censored that bodes very badly for the Bush Administration (and McCain by association):
http://www.projectcensored.org/top-stories/articles/25-bushs-real-proble...
Project Censored New List of the top 25 unreported stories is here:
http://www.projectcensored.org/top-stories/category/y-2009/
Steering the McCain Campaign, a Lot of Old Bush Hands
http://www.washingtonpost.com/wp-dyn/content/article/2008/09/21/AR200809...
When Gov. Sarah Palin flew home to Alaska for the first time since being named the Republican vice presidential nominee, she brought along at least half a dozen new advisers to conduct briefings, stage-manage her first television interview and help her prepare for a critical debate next month.
And virtually every member of the team shared a common credential: years of service to President Bush.
From Mark Wallace, a Bush appointee to the United Nations, to Tucker Eskew, who ran strategic communications for the Bush White House, to Greg Jenkins, who served as the deputy assistant to Bush in his first term and was executive director of the 2004 inauguration, Palin was surrounded on the trip home by operatives deeply rooted in the Bush administration.
More at http://www.washingtonpost.com/wp-dyn/content/article/2008/09/21/AR200809...
CMINCA @ 85:
Yes, this information will really strike a chord with an American public that doesn't know who their own representatives are.
Holy crap!!!! That asshole got paid $30,000 a MONTH and they have the utter gall to call US whiners and complainers who should STFU, take on a second, or even third job, work until we all drop dead just to enrich their fat cat corpses more!!!!???? Then bend over and take the big one straight up the bunghole and beg for it deep and hard with no lubricant?
They can take their sick logic and all go straight to HELL!!
I owe them NO loyalty of any sort. In fact, to hell with the whole criminal excuse of this so called "government!!
Abbybwood @ 84:
i wish spitzer could speak up. it's too bad. it was interesting how the BUSH
administration paid a lot of attention to spitzer. BUSH was in on this scheme.....will never hear anything until next year maybe longer.
here's a short video explaining how eliot spitzer was trying to expose
BUSH administration and their role in the predatory lending.
http://www.brasschecktv.com/page/291.html
CMINCA @ 85:
DON'T tell me a mccain presidency isn't a BUSH third term.
But it was the DEMOCRATS that paid for the lobbying effort and it was entirely aimed at Republican Senators led by Chuck Heigel. I'd suggest you check your facts because right now you look like a blithering idiot.
THE DIRTY TRUTH
upchuck @ 49:
From Wikipedia:
Clinton had no choice but to sign it... it was veto-proof.
constituent @ 90:
Exactly my point.
BWAHAHAHAHAHAHAHAHAHAHA! IMLAO and all that other "the internets"-speak for this is just about the funniest thing I've heard all week! Can't wait for those debates!
BWAHAHAHAHAHAHAHAHAHAHA! ILMAO and all that other "the internets"-speak for this is just about the funniest thing I've heard all week! Can't wait for those debates!
FEDERAL must CUT (BAN)the bloodline of the LOBBYIST in a time of FINANCIAL CRISIS to PREVENT the disruption and MASS INFLUENCES of FINANCIAL influences coming their WAY and making the whole attempt of CORRECTIONS to the FINANCIAL CRISIS, BIAS.
Such ATTEMPT would counter-produce the POSITIVE results of the correction and may have a DIRE IMPACT on hastening the spiraling consequences to an already seriously fragile ECONOMY and cause an expanded catastrophic effect to other part of WORLD ECONOMY outside the DOMESTIC BOUNDARIES.
Remember the ECONOMIC disaster or at the very least a CHAOTIC environment is JUST what the OPPOSITION is hoping ACHIEVE to DRAW AWAY THE ATTENTION FROM THOSE responsible and CAUSED the MESS WE ARE IN.
STIRRING, BEATING, and SCRAMBLING is just what they are looking for to make it almost merrely IMPOSSIBLE to distinguish those YOLK from the EGG WHITE or better YET from (those OIL mongul from those life sustaining WATER). The latter anology is better. Allowing the RIGHT MIX of time to take ITS natural COURSE for the OIL to surface from the WATER so that WE CAN remove them apart from what SUSTAIN our LIFE SUPPORT from WATER. (OIL and WATER can NOT mix just as the GOOD and the BAD can NOT). Only when turbulance become CALM will WE eventually SEE ONE from the OTHER.
Liberal AND Proud @ 83:
sorry, here's what i said in response:
so “astute” and “pragmatic” that he signed the bill which essentially created the mess we are in. yes, we know it was attached to another bill, but let’s not pretend he didn’t sign it, or at least had nothing to do with it. he did, in fact, have A LOT to do with it. in fact, he had *everything* to do with it.
bryancri Says: “Yeah and B.Clinton was also responsible for 9/11 too……. Right?”
oh, now don’t go there. all i said was that clinton signed the rollbacks. period.
clinton was a major free marketeer, signed nafta and the telecom act. let’s not go prancing around pretending that clinton was a liberal, ok?
I Totally agree B. Clinton was not a liberal............See NAFTA
However buying into the Republicants BS that somehow Clinton is responsible for this mess is only perpetuating the notion that these people can slough off responsibility for their actions onto someone else.
You had to know that by posting that insight you would get some flak.
Please read my link that explains how this deregulation got put into a budget bill before you indite Clinton for this and help the republicants avoid responsibility yet again. God Knows Clinton had his faults, but he's not responsible for everything the republicant's have done or failed to do in the last eight years. At some point they have to own their governance or lack of it!
See the full story here: http://www.motherjones.com/new.....-phil.html
BTW I'm not really the prancing sort
"Clinton had no choice but to sign it… it was veto-proof"
we know this, but he *still* signed the bill. and was not the bill supported by numerous demorats in the house?
nobody, not even myself, is saying that clinton is solely responsible for the mess.
all i'm sayin' is: he signed the bill in question, AND numerous democrats supported the bill in the house.
the last thing progressives want to do when talking about the economy is bring up the name BILL CLINTON.
he is not our man, and never was.
uh, do you think McCain's ad is running because Franklin Raines is AFRICAN AMERICAN?
Great picture of McSame---he looks like the Joker making plans with Rick the Snake.
bryancri @ 99:
Yes.... read this carefully:
From Wikipedia:
The bills were introduced in the Senate by Phil Gramm (R-TX) and in the House of Representatives by James Leach (R-IA). The bills were passed by a 54-44 vote along party lines with Republican support in the Senate [1] and by a 343-86 vote in the House of Representatives[2]. Nov 4, 1999: After passing both the Senate and House the bill was moved to a conference committee to work out the differences between the Senate and House versions. Democrats agreed to support the bill only after Republicans agreed to strengthen provisions of the Community Reinvestment Act and address certain privacy concerns.[3] The final bipartisan bill resolving the differences was passed in the Senate 90-8-1 and in the House: 362-57-15. Without forcing a veto vote, this bipartisan, veto proof legislation was signed into law by President Bill Clinton on November 12, 1999. [4]
The banking industry had been seeking the repeal of Glass-Steagall since at least the 1980s. In 1987 the Congressional Research Service prepared a report which explored the case for preserving Glass-Steagall and the case against preserving the act.[5]
bryancri @101 Says: the last thing progressives want to do when talking about the economy is bring up the name BILL CLINTON.
he is not our man, and never was.
The Republicant's are drowning in a sea of Sh*t created by themselves!
They are desperate to find someone or something to deflect their culpability.
Stop bringing up Clinton and suggesting that somehow he's culpable.
It only serves the republicant's as they try find something, anything to save themselves with.
Why would you do that?
Wait a minute. That article (which says it's from the Washington Post) is actually from the New York Times, and they lie. Steve Schmidt, a McCain campaign senior adviser, declared on a conference call with reporters Monday that The New York Times “is not a journalistic organization.” http://news.yahoo.com/s/politico/20080922/pl_politico/13733;_ylt=AhHKOYB...
McCain's advisor Steve Schmidt basically said that anything that impugns the McCain campaign needs to be scrutinized by the American people because the NYTs is in the tank for Obama.
So, there. I don't believe that asswipe took $30,000 a month for 5 years because the NYT lies!
Funny, neither one of the blokes in the photo look like Bubba to me.
103 lj Says: Great picture of McSame—he looks like the Joker making plans with Rick the Snake.
____________________________________________________________________
Instead of Rick the Snake I woulda said this guy:
http://www.youtube.com/watch?v=1dDs_N3kGQk
I knew Davis was a greedy asswipe, but I haven't really read much about him.
From Wikipedia:
Involvement with Oleg Deripaska
In 2006, Davis helped set up the encounter between McCain and Russian aluminum magnate Oleg Deripaska in Switzerland during an international economic conference. Deripaska's suspected links to anti-democratic and organized-crime figures are so controversial that the U.S. government revoked his entry visa in 2006.[7]
At the time, Davis was working for a lobbying firm and seeking to do business with the billionaire. Later that month, Deripaska wrote to Davis and his partner, political consultant Paul J. Manafort, to thank them for arranging the meeting. "Thank you so much for setting up everything in Klosters so spectacularly," he wrote. "It was very interesting to meet Senators Chambliss, Sununu, and McCain in such an intimate setting."
He's a frgn' crook as well as a total greedy asswipe.
Johnny2Bad @ 29:
Oh no... 30k a month is a fucking ice cube in the FREE water we get first when we sit at the table for the 40 year long all you can eat banquet we are about to partake in...
Say no to this Bail out!!
Mick Piobr @ 39:
It is not "Murder" when you shoot the scuba tank in the mouth of the giant man eating shark that is eating the entire boat to get at you...
If John McCain, servant-of-the-people, wants to put his money where his mouth is, he can ask Cindy to cough up $99 million to help bail out the mess he (and his cronies) made. That would be truly "PATRIOTIC". (They can keep $1 million so they can "feed" themselves-- quite well, better than we.)
Now can we bring out the GUILLOTINE?
DUDE!!! No one here mentioned the fact that a very close advisor to Obama, James Johnson, was the CEO of Fannie Mae. Come on people.
$30,000 a month, eh? I'll be lucky to barely crack that
amount this YEAR. Freelancing can be a bitch...
Anyone else notice that this story has gotten ZERO coverage
on any of the news shows today? ZERO. Or did I miss it?
Can you imagine what the media coverage would be if this
guy worked for Obama's campaign - even if all he was
doing was licking envelopes and printing yard signs
- let alone BEING THE CAMPAIGN MANAGER?
We all know the answer. It would've been the lead
story ad nauseum on every news show today...
and tomorrow...and the next day...and....
I'm praying that Keith and Rachel will cover this in spades!
I would also LOVE to hear Tucker Bounds or Nancy Pfpfpfpfotenhauer
spin THIS one like a top over their cliff of lies.
I OK I Y A R
there's nothing new or unexpected.
And just on a side note:
Does anyone else think that Rick Davis kinda looks
like the bastard offspring of Jeffrey Dahmer & Rick Moranis?
No offense meant to either of those guys...
mcgramps is old enough to remember when Conrad Veidt was knee-high to a grass hopper.
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