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John McCain Lies Again

September 24, 2008

Either John McCain has flatly lied to the American voters, again, or he was completely uninformed of the status of his campaign manager, Rick Davis’s long standing involvement with Freddie Mac.

In a CNBC/New York Times interview conducted this past Sunday, Sen. McCain responded to questions about his campaign manager, Rick Davis’s role with Freddie Mac by saying Mr. Davis:

“has had nothing to do with it since, and I’ll be glad to have his record examined by anybody who wants to look at it.”

Problem is that Mr. Davis’s record says otherwise.

Newsweek reports:

“Freddie Mac had previously paid an advocacy group run by Davis, called the Homeownership Alliance, $30,000 a month until the end 2005, when that group was dissolved. That relationship was the subject of a New York Times story Monday, which drew angry denunciations from the McCain campaign. McCain and his aides have vehemently objected to suggestions that Davis has ties to Freddie Mac-an especially sensitive issue given that the Republican presidential candidate has blamed “the lobbyists, politicians and bureaucrats” for the mortgage crisis that recently prompted the Bush administration to take over both Freddie Mac and its companion, Fannie Mae, and put it under federal conservatorship.

But neither the Times story — nor the McCain campaign — revealed that Davis’s firm, the Washington, D.C. based lobbying firm Davis Manafort, continued to receive $15,000 a month from Freddie Mac until last month-long after the Homeownership Alliance had been terminated. The two sources, who requested anonymity discussing sensitive information, told Newsweek that Davis himself approached Freddie Mac in 2006 and asked for a new consulting arrangement that would allow his firm to continue to be paid. The arrangement was approved by Hollis McLoughlin, Freddie Mac’s vice president for external relations, because “he [Davis] was John McCain’s campaign manager and it was felt you couldn’t say no,” said one of the sources. [McLoughlin did not return phone calls].”

Ok.  We need to be clear on this.  Either McCain is a liar or a duped man.  If he was duped, he needs to immediately fire Rick Davis.  Any other response, regardless of Mr. Davis’s current career situation leaves McCain naked to claims of cozying up to special interests. 

I guess that maverick image is really going to the dogs now.


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