No wonder the John McCain campaign went apoplectic over the New York Times reports detailing the $2 million dollar influence peddling engaged in by McCain's top adviser, Rick Davis.
That kind of "Over-the-Top" reaction exhibited by the McCain campaign -- calling out the New York Times for their "biased coverage" in a headline-grabbing emotional outburst -- is exactly the kind of diversionary measure meant to distract from the core issue... as was the McCain campaign's blatant lies attempting to tie Barack Obama to Fannie Mae via former CEO Franklin Raines.
Something isn't right here... and where there is smoke there is fire... and sure enough -- there is more dirt being exposed over McCain's ties back to Fannie Mae.
Another close associate of John McCain -- transition adviser William Timmons, Sr. -- has deep-seated lobbying links with Fannie Mae, all within the last year.
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 is so hip-deep in lobbyists and the lobbying culture in Washington, that remarks like the following, in perspective, expose the rank hypocrisy and reveal the true extent of the charade John McCain is perpetuating on the American people.
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.''
We have met the enemy, Senator McCain, and it's deregulators like yourself -- a champion among deregulators -- and the army of lobbyist influence peddlers you've associated yourself with, that we should fear the most.
John McCain, backed by his army of lobbyists advising him, wants America to trust him to change the culture of corruption in Washington.
That would be letting the fox into the hen house as McCain is the biggest deregulator of them all, but even more of a concern is the extent to which McCain advisers are so deeply connected the company at the core of the economic meltdown. It can't just be a coincidence.
Note: Wizbang Blue is now closed and our authors have moved on. Paul Hooson can now be found at Wizbang Pop!. Please come see him there!