September 23, 2008

NYT vets Rick Davis. Again.

One of the giant mortgage companies at the heart of the credit crisis paid $15,000 a month from the end of 2005 through last month to a firm owned by Senator John McCain’s campaign manager.

Freddie Mac’s roughly $500,000 in payments to [Rick] Davis & Manafort began immediately after Freddie Mac and Fannie Mae in late 2005 disbanded an advocacy coalition that they had set up and hired Mr. Davis to run.

On Sunday, Mr. McCain said that his campaign manager "has had nothing to do with it since [2005], and I’ll be glad to have his record examined by anybody who wants to look at it."
Seems as though somebody took him up on that offer.

Poor John McCain. He decided to try and make an issue out of Barack Obama's alleged connections to the failed mortgage outfits and, as Jeremiah Wright would say, "the chickens have come home to roost."

That's cash paid to a firm that Rick Davis owns, for doing nothing other than having a close connection with McCain, cash paid by a firm that taxpayers (read: voters) are now being asked to bail out.

1 comment:

gnarlytrombone said...

Oh my. Who wins out in a nexus of rank opportunism and racist troglodysm? Tune in next week.