Monday, September 22, 2008

The Straight Dope continued

US News and World Reports tells us this day that John McCain's campaign manager-that's right folks, the manager, he's the guy who runs the show, sets the strategy, steers the Hummer H3 over the bodies of naysayers and whiners...yes, that campaign manager isa fella named Rick Davis.

Rick Davis was paid better than $30,000 a month for five years  as el presidente of an advocacy group set up by Freddie and Fannie do make sure thay didn't get bogged down in too much regulatin' thar. 

McCain has recently been critical of Freddie and Fannie and the lobbying effort that got government off their backs so they could do best what they knew how to do.

Which, as we now see, was sucking up mortgages where the originator and the borrower and the lender all knew that the borrower did not have a chance in hell of repayment.

Glass houses, anyone?


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