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Another McCain Tie to Fannie Mae Lobbyists

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.

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Rating: 2.3/5 (6 votes cast)

Comments (7)

bacaangel[TypeKey Profile Page]:

Please send this to your friends and family!

RFK, Jr.: "Let me tell you about one other of these scams people should know about. If you're a newly registered voter - and of course the Democrats have done these gigantic registration drives - 12 million people on registration - if you're a new voter you MUST include your license or some other state I.D. when you come to vote. What that means is that if you're a college kid (and college kids now - they're sending in absentee ballots - they're not going to the voting place, they do everything online or they do everything remotely - they don't dream of going to the precinct house voting on election day and waiting in a long line) so if they send in the absentee ballot and they don't include a color copy of their license their vote is going to be thrown into a trash can. And none of these people know this because you have had to read the law in order to know it. So there is no notification for when you fill out your registration form, so all of those 12 million people that the Democrats have registered: those ballots are going to be just thrown out.


Codekeyguy[TypeKey Profile Page]:

A little off topic, but have you seen that the Obama campaign is producing PRESIDENTIAL COINS with the Messiah on them? Since he is not president yet, would you consider this a bit presumptuous?
Sort of like his "Presidential" seal?

Lee Ward:

"A little off topic, but have you seen that the Obama campaign is producing PRESIDENTIAL COINS with the Messiah on them? Since he is not president yet, would you consider this a bit presumptuous?
Sort of like his "Presidential" seal?"

CKG - Aren't you catching on yet?

Who told you "the Obama campaign is producing presidential coins..."? Was it the McCain campaign? Whizbang bloggers?

It's a lie, CodeKeyGuy. The Obama campaign is not producing any coins, nor have they asked anyone else to produce coins.

Lies... lies, and more lies.

The coins are bing produced by Windsor, Elizabeth & Windsor - it's their idea. Not the Obama campaign's idea, it's their idea.

The company directors got the idea of producing the coins after seeing actress Meryl Streep talking about Barack Obama on a television programme.

Now I know we can count on you to go back and set the record straight on whatever blog you read this miserable lie, right CodekeyGuy?


OK, you are right. The Obama campaign is not PRODUCING these coins, they are ACQUIRING them for DISTRIBUTION from the producer. Since the campaign is DISTRIBUTING them, it STILL looks a bit PRESUMPTUOUS, don't you think?
Back to you.....

Democratic Party Contracts Company to Produce Gold, Silver and Platinum Obama Presidential Coins....

Creepy-ass messianic factor +10: Notice the coins declare Obama "The President"...

A company in Birmingham's Jewellery Quarter is making commemorative coins for American presidential hopeful Barack Obama.

And if the Democratic candidate is elected to become the most powerful man in the world on November 4, it could open the floodgates for millions of pounds worth of business for the firm.

Windsor, Elizabeth & Windsor has already sold more than 300 limited edition commemorative silver coins to the Democratic Party to hand out to key members of the campaign to elect Obama.

WEW is producing limited edition runs of gold, silver and platinum Obama coins, and plans to produce new ones in other finishes for public consumption if the demand emerges.

The coins already sold to the Democrats will be presented to the senators, congressmen, governors and other politicians they are being given to within the next two weeks.

Rest here>>>



Posted at 01:19 PM | Permalink | Comments (6) | TrackBack (0)

Lee Ward[TypeKey Profile Page]:

"The Obama campaign is not PRODUCING these coins, they are ACQUIRING them for DISTRIBUTION from the producer. "

Yeah, they bought some to give away. I wish I could buy one. They're bound to be collector's items after November's election, no matter which way the election goes.

Keep digging, CKG - maybe you'll find a pony in there somewhere, but so far it's only horse crap.


I guess you know I'm not really a fan of "The One". I will give you points for the mancrush you have on Bambi, though. You are a true believer. (Even with Ayers, Dohrn, Wright, et al.)
My wife has told me to stop baiting democrats, so I'll leave you alone for a while (until my buttons get REALLY pushed)

Lee Ward[TypeKey Profile Page]:

Apology accepted. ;)


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Editors: Lee Ward, Larkin, Paul S Hooson, and Steve Crickmore

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