Re: Obvious fear behind this original post
by
gzuckier
10/07/2008, 3:02 PM #
GMD:Talk about trolling, let me tell you about some bottom feeders.
OK! According to the Senate Lobbying Database:
Aquiles Suarez, listed as an economic adviser to the McCain campaign in a July 2007 McCain press release, was formerly the director of government and industry relations for Fannie Mae, and oversaw their $47,510,000 lobbying campaign from 2003 to 2006.
The lobbying firm of Charlie Black, one of McCain's top aides, made at least $820,000 working for Freddie Mac from 1999 to 2004.
The McCain campaign's vice-chair Wayne Berman and its congressional liaison John Green made $1.14 million lobbying on behalf of Fannie Mae for Ogilvy Government Relations. Green made an additional $180,000 from Freddie Mac.
Arther B. Culvahouse Jr., who helped John McCain select Sarah Palin, earned $80,000 from Fannie Mae in 2003 and 2004, while working for lobbying and law firm O'Melveny & Myers LLP.
In addition, Politico 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; including McCain campaign manager Rick Davis, who was president of the Homeownership Alliance, a lobbying association that included Fannie Mae, Freddie Mac, real estate agents, homebuilders, and non-profits, and opposed congressional attempts at regulation of Fannie and Freddie. He stated in 2003 that no reform of the lenders was necessary, because they "are subject to an innovative and stringent risk-based capital stress test, the toughest in the financial services industry."
So if McCain can find it in his heart not only to forgive this motley crew of well-paid shills for the quick-buck industry, but to turn over to them his drive for change, including financial industry regulation, I'm sure he won't hold anything against anybody else. Especially since he's building his current campaign on government getting out of the way, as Palin so nicely put it. In fact, one might suspect that his drive for regulation 4 years ago was just part of that maverick streak of his, and he's back into the free market no regulation clubhouse where everybody around him including his veep lives.