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does he think no one notices?

fff

Well-known member
The lobbying firm of the man Republicans say John McCain has chosen to begin planning a presidential transition earned more than a quarter of a million dollars this year representing Freddie Mac, one of the companies McCain blames for the nation's financial crisis.

Timmons & Co., whose founder and chairman emeritus is William Timmons Sr., was registered to lobby for Freddie Mac from 2000 through this month, when the federal government took over both Freddie Mac and Fannie Mae.

Newly available congressional records show Timmons's firm received $260,000 this year before its lobbying activities were barred under terms of the government rescue of the failed mortgage giant. Timmons, 77, is listed as a lobbyist for Freddie Mac on the company's midyear financial-disclosure form.

While Republicans say Timmons is making plans for the transition if McCain wins in November, the campaign wouldn't confirm his role. Timmons didn't return a phone call seeking comment.

McCain has labeled Freddie Mac and Fannie Mae as prime culprits in creating the financial storm that has roiled Wall Street and Washington.

``At the center of the problem were the lobbyists, politicians, and bureaucrats who succeeded in persuading Congress and the administration to ignore the festering problems at Fannie Mae and Freddie Mac,'' he said last week in Green Bay, Wisconsin.

``Using money and influence, they prevented reforms that would have curbed their power and limited their ability to damage our economy,'' he said. ``And now, as ever, the American taxpayers are left to pay the price for Washington's failure.''

`Cooked the Books'

McCain has criticized Democratic nominee Barack Obama in both television advertising and speeches for his ties to former Fannie Mae chief James Johnson.

``Fannie cooked the books and Johnson made millions,'' said a McCain ad, released Sept. 19. ``Then Obama asked him to pick his VP and raise thousands for his campaign.''

Johnson is listed on Obama's Web site as having raised between $200,000 and $500,000 for the campaign. He left Obama's vice presidential search committee June 11 after just a week, following reports that he received preferential mortgage rates from Countrywide Financial Corp., which suffered losses due to the collapse of the subprime-mortgage market and was bought by Bank of America Corp.

McCain's campaign also ran an advertisement that said Obama had received advice on housing issues from a more recent Fannie Mae chief executive officer, Franklin Raines.

Under Fire

Raines said he had only met Obama once, before Obama was sworn in as a senator in January 2005. ``I am not an adviser to Barack Obama, nor have I provided his campaign with advice on housing or economic matters,'' Raines said in a statement released last week by the campaign.

Campaign-finance reports show that Raines hasn't contributed money to the Obama presidential campaign either.

Timmons is a longtime power in the Washington lobbying industry whose clients include the American Petroleum Institute and Chrysler LLC. Visitors to the company's Web site are told that ``Timmons and Company pioneered the concept and the industry standard for Washington representation.''

He founded the company in 1975 after leaving the administration of President Gerald Ford, and has worked to elect every Republican presidential nominee since.

When asked about his role in the McCain campaign, spokesman Brian Rogers said: ``We're not discussing any aspect of the transition.'' An aide to Timmons who didn't give her name while taking a message at his lobbying firm said that only Timmons himself could discuss ``his work for Senator McCain.''

Times Flap

The McCain camp was also dealing with reports about the lobbying work of campaign manager Rick Davis.

The New York Times reported yesterday that Davis was paid almost $2 million in fees over five years by a group primarily funded by Freddie Mac and Fannie Mae that was intended to help stave off more stringent federal regulation of the housing companies.

McCain campaign spokesman Tucker Bounds said other members of the Homeownership Alliance included Habitat For Humanity and the National Council of La Raza, saying the group ``was focused strictly on promoting homeownership.''

McCain senior adviser Steve Schmidt accused the Times of being biased toward Obama. ``Whatever the New York Times once was, it is today not by any standard a journalistic organization,'' Schmidt said on a conference call with reporters. ``It is a pro-Obama advocacy organization.''

To contact the reporters on this story: Jonathan D. Salant in Washington at [email protected]; Timothy J. Burger in Washington at [email protected]

http://www.bloomberg.com/apps/news?pid=20601070&sid=aQIOOr9klOnE&refer=politics
 

TexasBred

Well-known member
fff said:
The lobbying firm of the man Republicans say John McCain has chosen to begin planning a presidential transition earned more than a quarter of a million dollars this year representing Freddie Mac, one of the companies McCain blames for the nation's financial crisis.

Timmons & Co., whose founder and chairman emeritus is William Timmons Sr., was registered to lobby for Freddie Mac from 2000 through this month, when the federal government took over both Freddie Mac and Fannie Mae.

Newly available congressional records show Timmons's firm received $260,000 this year before its lobbying activities were barred under terms of the government rescue of the failed mortgage giant. Timmons, 77, is listed as a lobbyist for Freddie Mac on the company's midyear financial-disclosure form.

While Republicans say Timmons is making plans for the transition if McCain wins in November, the campaign wouldn't confirm his role. Timmons didn't return a phone call seeking comment.

McCain has labeled Freddie Mac and Fannie Mae as prime culprits in creating the financial storm that has roiled Wall Street and Washington.

``At the center of the problem were the lobbyists, politicians, and bureaucrats who succeeded in persuading Congress and the administration to ignore the festering problems at Fannie Mae and Freddie Mac,'' he said last week in Green Bay, Wisconsin.

``Using money and influence, they prevented reforms that would have curbed their power and limited their ability to damage our economy,'' he said. ``And now, as ever, the American taxpayers are left to pay the price for Washington's failure.''

`Cooked the Books'

McCain has criticized Democratic nominee Barack Obama in both television advertising and speeches for his ties to former Fannie Mae chief James Johnson.

``Fannie cooked the books and Johnson made millions,'' said a McCain ad, released Sept. 19. ``Then Obama asked him to pick his VP and raise thousands for his campaign.''

Johnson is listed on Obama's Web site as having raised between $200,000 and $500,000 for the campaign. He left Obama's vice presidential search committee June 11 after just a week, following reports that he received preferential mortgage rates from Countrywide Financial Corp., which suffered losses due to the collapse of the subprime-mortgage market and was bought by Bank of America Corp.

McCain's campaign also ran an advertisement that said Obama had received advice on housing issues from a more recent Fannie Mae chief executive officer, Franklin Raines.

Under Fire

Raines said he had only met Obama once, before Obama was sworn in as a senator in January 2005. ``I am not an adviser to Barack Obama, nor have I provided his campaign with advice on housing or economic matters,'' Raines said in a statement released last week by the campaign.

Campaign-finance reports show that Raines hasn't contributed money to the Obama presidential campaign either.

Timmons is a longtime power in the Washington lobbying industry whose clients include the American Petroleum Institute and Chrysler LLC. Visitors to the company's Web site are told that ``Timmons and Company pioneered the concept and the industry standard for Washington representation.''

He founded the company in 1975 after leaving the administration of President Gerald Ford, and has worked to elect every Republican presidential nominee since.

When asked about his role in the McCain campaign, spokesman Brian Rogers said: ``We're not discussing any aspect of the transition.'' An aide to Timmons who didn't give her name while taking a message at his lobbying firm said that only Timmons himself could discuss ``his work for Senator McCain.''

Times Flap

The McCain camp was also dealing with reports about the lobbying work of campaign manager Rick Davis.

The New York Times reported yesterday that Davis was paid almost $2 million in fees over five years by a group primarily funded by Freddie Mac and Fannie Mae that was intended to help stave off more stringent federal regulation of the housing companies.

McCain campaign spokesman Tucker Bounds said other members of the Homeownership Alliance included Habitat For Humanity and the National Council of La Raza, saying the group ``was focused strictly on promoting homeownership.''

McCain senior adviser Steve Schmidt accused the Times of being biased toward Obama. ``Whatever the New York Times once was, it is today not by any standard a journalistic organization,'' Schmidt said on a conference call with reporters. ``It is a pro-Obama advocacy organization.''

To contact the reporters on this story: Jonathan D. Salant in Washington at [email protected]; Timothy J. Burger in Washington at [email protected]

http://www.bloomberg.com/apps/news?pid=20601070&sid=aQIOOr9klOnE&refer=politics


fff...the CEO's who authorized these payments are now economic advisors for the Obama campaign...one was even head of his vp selection committee and both will eventually be investigated by the FBI. Obama knows how to surround himself with idiots.
 

backhoeboogie

Well-known member
TexasBred said:
Obama knows how to surround himself with idiots.

That should be a concern for us all, no matter who is elected. There is no way for one person (the President) to be on top of absolutely everything. He has to rely on information and good decisions should be made on accurate information.

It is hard to keep up with all the going ons here in Texas. The Pres has to be on top of national and international going ons. If he is surrounded by idiots (or info from the media), everything is skewed.
 

kolanuraven

Well-known member
backhoeboogie said:
TexasBred said:
Obama knows how to surround himself with idiots.

That should be a concern for us all, no matter who is elected. There is no way for one person (the President) to be on top of absolutely everything. He has to rely on information and good decisions should be made on accurate information.

It is hard to keep up with all the going ons here in Texas. The Pres has to be on top of national and international going ons. If he is surrounded by idiots (or info from the media), everything is skewed.


Enter into evidence, of the above statement......Example #1.....Bush Admn!!!!!
 
A

Anonymous

Guest
McCain's Top Staffers Were Paid by Freddie Mac until Last Month

An article in Newsweek has now revealed that McCain's campaign manager, Rick Davis, was receiving monthly $15,000 checks until last month from Freddie Mac, the mortgage agency that the government recently took over. In addition, the head of McCain's transition team, William Timmons, Sr., was a registered lobbyist for Freddie Mac until this month according to an article on Bloomberg News. His firm received $260,000 this year for unspecified work.
Although McCain likes to rail against lobbyists and how he will put them in their place, having his campaign being run by people who lobbied for Freddie Mac cuts to the heart of his pitch as a reformer. This story is soon going to be all over the place (see for example, Newsday, the NY Times, and Roll Call).
http://www.electoral-vote.com/
 

TexasBred

Well-known member
backhoeboogie said:
TexasBred said:
Obama knows how to surround himself with idiots.

That should be a concern for us all, no matter who is elected. There is no way for one person (the President) to be on top of absolutely everything. He has to rely on information and good decisions should be made on accurate information.

It is hard to keep up with all the going ons here in Texas. The Pres has to be on top of national and international going ons. If he is surrounded by idiots (or info from the media), everything is skewed.

These were privately traded companies. The President of the US has nothing to do with them....can't even keep the company from paying them the exorbitant salaries and bonus' they get...they can falsify records and they can hide stuff from federal examiners and regulators. Most are never caught until AFTER the fact....Same thing will happen with these guys from Fannie and Freddie if we're lucky.
 

Sandhusker

Well-known member
kolanuraven said:
backhoeboogie said:
TexasBred said:
Obama knows how to surround himself with idiots.

That should be a concern for us all, no matter who is elected. There is no way for one person (the President) to be on top of absolutely everything. He has to rely on information and good decisions should be made on accurate information.

It is hard to keep up with all the going ons here in Texas. The Pres has to be on top of national and international going ons. If he is surrounded by idiots (or info from the media), everything is skewed.


Enter into evidence, of the above statement......Example #1.....Bush Admn!!!!!

REZKO, WRIGHT, AYERS
 

kolanuraven

Well-known member
Sandhusker said:
kolanuraven said:
backhoeboogie said:
That should be a concern for us all, no matter who is elected. There is no way for one person (the President) to be on top of absolutely everything. He has to rely on information and good decisions should be made on accurate information.

It is hard to keep up with all the going ons here in Texas. The Pres has to be on top of national and international going ons. If he is surrounded by idiots (or info from the media), everything is skewed.


Enter into evidence, of the above statement......Example #1.....Bush Admn!!!!!

REZKO, WRIGHT, AYERS



Don't you EVER fuss about OT hating Bush.......at least he takes a breath!!! :roll: :roll: :roll:
 

fff

Well-known member
TexasBred said:
fff said:
The lobbying firm of the man Republicans say John McCain has chosen to begin planning a presidential transition earned more than a quarter of a million dollars this year representing Freddie Mac, one of the companies McCain blames for the nation's financial crisis.

Timmons & Co., whose founder and chairman emeritus is William Timmons Sr., was registered to lobby for Freddie Mac from 2000 through this month, when the federal government took over both Freddie Mac and Fannie Mae.

Newly available congressional records show Timmons's firm received $260,000 this year before its lobbying activities were barred under terms of the government rescue of the failed mortgage giant. Timmons, 77, is listed as a lobbyist for Freddie Mac on the company's midyear financial-disclosure form.

While Republicans say Timmons is making plans for the transition if McCain wins in November, the campaign wouldn't confirm his role. Timmons didn't return a phone call seeking comment.

McCain has labeled Freddie Mac and Fannie Mae as prime culprits in creating the financial storm that has roiled Wall Street and Washington.

``At the center of the problem were the lobbyists, politicians, and bureaucrats who succeeded in persuading Congress and the administration to ignore the festering problems at Fannie Mae and Freddie Mac,'' he said last week in Green Bay, Wisconsin.

``Using money and influence, they prevented reforms that would have curbed their power and limited their ability to damage our economy,'' he said. ``And now, as ever, the American taxpayers are left to pay the price for Washington's failure.''

`Cooked the Books'

McCain has criticized Democratic nominee Barack Obama in both television advertising and speeches for his ties to former Fannie Mae chief James Johnson.

``Fannie cooked the books and Johnson made millions,'' said a McCain ad, released Sept. 19. ``Then Obama asked him to pick his VP and raise thousands for his campaign.''

Johnson is listed on Obama's Web site as having raised between $200,000 and $500,000 for the campaign. He left Obama's vice presidential search committee June 11 after just a week, following reports that he received preferential mortgage rates from Countrywide Financial Corp., which suffered losses due to the collapse of the subprime-mortgage market and was bought by Bank of America Corp.

McCain's campaign also ran an advertisement that said Obama had received advice on housing issues from a more recent Fannie Mae chief executive officer, Franklin Raines.

Under Fire

Raines said he had only met Obama once, before Obama was sworn in as a senator in January 2005. ``I am not an adviser to Barack Obama, nor have I provided his campaign with advice on housing or economic matters,'' Raines said in a statement released last week by the campaign.

Campaign-finance reports show that Raines hasn't contributed money to the Obama presidential campaign either.

Timmons is a longtime power in the Washington lobbying industry whose clients include the American Petroleum Institute and Chrysler LLC. Visitors to the company's Web site are told that ``Timmons and Company pioneered the concept and the industry standard for Washington representation.''

He founded the company in 1975 after leaving the administration of President Gerald Ford, and has worked to elect every Republican presidential nominee since.

When asked about his role in the McCain campaign, spokesman Brian Rogers said: ``We're not discussing any aspect of the transition.'' An aide to Timmons who didn't give her name while taking a message at his lobbying firm said that only Timmons himself could discuss ``his work for Senator McCain.''

Times Flap

The McCain camp was also dealing with reports about the lobbying work of campaign manager Rick Davis.

The New York Times reported yesterday that Davis was paid almost $2 million in fees over five years by a group primarily funded by Freddie Mac and Fannie Mae that was intended to help stave off more stringent federal regulation of the housing companies.

McCain campaign spokesman Tucker Bounds said other members of the Homeownership Alliance included Habitat For Humanity and the National Council of La Raza, saying the group ``was focused strictly on promoting homeownership.''

McCain senior adviser Steve Schmidt accused the Times of being biased toward Obama. ``Whatever the New York Times once was, it is today not by any standard a journalistic organization,'' Schmidt said on a conference call with reporters. ``It is a pro-Obama advocacy organization.''

To contact the reporters on this story: Jonathan D. Salant in Washington at [email protected]; Timothy J. Burger in Washington at [email protected]

http://www.bloomberg.com/apps/news?pid=20601070&sid=aQIOOr9klOnE&refer=politics


fff...the CEO's who authorized these payments are now economic advisors for the Obama campaign...one was even head of his vp selection committee and both will eventually be investigated by the FBI. Obama knows how to surround himself with idiots.

And out and out lie. Johnson WAS on the VP selection committee. He stepped down weeks ago. And Raines has said publicly time and time again that he was not, never had been an advisor to the Obama campaign. Yet you keep putting this out there, while McCain's CAMPAIGN MANAGER drew $15,000 from a group that lobbied Fannie & Freddie LAST MONTH! You're so dishonest. :roll:

"I am not an adviser to Barack Obama, nor have I provided his campaign with advice on housing or economic matters," Raines said in a statement.

"This is another flat-out lie from a dishonorable campaign that is increasingly incapable of telling the truth. Frank Raines has never advised Senator Obama about anything -- ever. And by the way, someone whose campaign manager and top advisor worked and lobbied for Fannie Mae and Freddie Mac shouldn't be throwing stones from his seven glass houses," said Obama spokesman Bill Burton.

http://www.boston.com/news/politics/politicalintelligence/2008/09/mccain_hits_oba_7.html
 
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