Monday, September 22, 2008

Oh Boy, Is This Great!

To quote Flounder in Animal House: "Oh boy, is this great!

The New York Times is reporting that John "The Maverick" McCain's campaign manager was paid $30,000 a month for five years to work for an advocacy group set up by the recently-bailed-out mortgage giants Fannie Mae and Freddie Mac to defend them against stricter regulations. That's not a typo. That's $30,000 a month.

http://www.nytimes.com/2008/09/22/us/politics/22mccain.html

McCain has been campaigning, as the article points out, as a critic of the two companies and the lobbying that kept them from greater oversight and regulation.

5 comments:

Erik Donald France said...

McCain's propaganda machine seeks to turn everything (i.e. the truth) on its head. Orwellian, isn't it?

And then there was Phil Gramm, who still "unofficially" advises. . .

MacGuffin said...

As Eric just commented, McCain and his campaign (the Bushies) will just lie their butts off about it. The Fourth Estate needs to do it's damn job and quit obscuring bald-faced lies in order to be so-called fair and balanced. Not all lies are equal, and not all political turn-abouts (like McCain's recent conversion to being a regulation guy) are equal either.

Bubs said...

30,000 a month. That's a figure most normal people can barely comprehend.

Have you seen, by the way, that McCain, in addition to his 7 non-elite houses, also owns something like 13 non-elite cars? The Obama family owns ONE. Oh, and one more thing, Cindy drives a car that's not even registered in her name--it's registered to her beer distributorship.

Dale said...

Side note - every time I visit and see your "The Soundtrack of my Life", I laugh. I've listened to it a couple of times and it never fails to make me feel like at least $30000. Should I visit it monthly to get my money's worth?

Johnny Yen said...

Erik-
Who said it? Disraeli, maybe? "Power corrupts. Absolute power corrupts absolutely." He's throwing away every bit of everything that had any shred of respectablity in order to win.

Macguffin-
This has been going on since Reagan. There was a book back then, "On Bended Knee" about how the press cowtowed to Reagan. And now with the industry in a free-fall, it's gotten even worse. Thank god, at least, for blogs.

Bubs-
Yeah, he's in touch with the common guy. Not an elitist like Obama is.

When he couldn't answer the question a few weeks ago about how many houses he has, I kept thinking back to Bush being amazed by the grocery store scanner. Out of touch.

Dale-
But Dale-- you really do light up my life!