Freddie Mac secretly paid a Republican consulting firm $2 million to kill legislation that would have regulated and trimmed the mortgage finance giant and its sister company, Fannie Mae, three years before the government took control to prevent their collapse.
In the cross hairs of the campaign carried out by DCI of Washington were Republican senators and a regulatory overhaul bill sponsored by Sen. Chuck Hagel, R-Neb. DCI’s chief executive is Doug Goodyear, whom John McCain’s campaign later hired to manage the GOP convention in September.
Freddie Mac’s payments to DCI began shortly after the Senate Banking, Housing and Urban Affairs Committee sent Hagel’s bill to the then GOP-run Senate on July 28, 2005. All GOP members of the committee supported it; all Democrats opposed it.
In the midst of DCI’s yearlong effort, Hagel and 25 other Republican senators pleaded unsuccessfully with Senate Majority Leader Bill Frist, R-Tenn., to allow a vote.
McCain response, much like his confused and unfocused response to the Wall Str rescue once things started to fall apart was too little too late. McCain and his defenders keep insisting that he is the seasoned leader, his actions past and present suggest otherwise.
Rush Limbaugh, Conservative gadfly Pat Buchanan and George Will all accused former Bush Secretary of State and retired General Colin Powell of endorsing John McCain because he was white. Darn, I misunderstood, those pundits claim that Powell endorsed Obama just because he’s black. This must be true because as we know all Republican pundits are equipped with special x-ray vision combined with acute paranormal perception. When General Powell said of Mccain and his campaign,
Powell also told NBC’s Tom Brokaw that he was “troubled” by Republicans’ personal attacks on Obama, especially false intimations that Obama was Muslim and the recent focus on Obama’s alleged connections to William Ayers, a co-founder of the radical ’60 Weather Underground.
Stressing that Obama was a lifelong Christian, Powell denounced Republican tactics that he said were insulting not only to to Obama but also to Muslims.
“The really right answer is what if he is?” Powell said, praising the contributions of millions of Muslim citizens to American society.
“I look at these kind of approaches to the campaign, and they trouble me,” Powell said. “Over the last seven weeks, the approach of the Republican Party has become narrower and narrower.”
Those troubling campaign tactics are the same ones the Right has been using for years, they merely raised the shrillness level a little and thrown in some racism and domestic xenophobia – McCain and his supporters trying their best to make Obama into the scary unknown. Neat trick if they can manage to convince the electorate that Republicans and McCain have had nothing to do with the disastrous decisions and policies of the last eight years. McCain has tried to blame Democrats for the financial crisis – sure John – with a slight majority in the House of Representatives and an anti-regulation Bush in the White House, Democrats somehow managed to sabotage the economy – an accusation that reeks of desperation.
Iraq is not a war. It is not something to win or lose. Calling it a war is shorthand for the Right’s horrendous recipe for supposedly stopping another 9-11 – the medical equivalent of putting a bandage on your nose after you break your leg. It didn’t make sense in 2003 and McCain’s Bush-like insistence that it is through some convoluted reasoning the front in the war on terror that must be won doesn’t make sense now. The Iraqis aren’t cooperating with McCain’s scenario. They continue to think it is best if troops are removed sooner, not later, Shiite Bloc’s Demands Stall U.S.-Iraq Pact
Key members of the Iraqi parliament’s largest political bloc have called for all American troops to leave this country in 2011 as a condition for allowing the U.S. military to stay here beyond year’s end, officials said Sunday.
[ ]…It was not immediately clear whether the U.S. side would accept the changes to the draft agreement. The document would provide legal authority for American troops to remain in Iraq after a U.N. mandate expires Dec. 31. If there is no accord or other legal cover for U.S. forces, they must leave.
Some of the hang ups for an agreement include Iraq’s right to prosecute U.S. soldiers accused of wrong doing while outside their bases and off-duty in Iraqi courts. Since U.S. troops are seldom off duty that’s not a very contiguous issue. Ironically Muhammad al-Haydari, who heads a group of independents also insisted,
In addition, he said, Iraq should have the right to search U.S. military shipments to ensure they do “not include any weapons of mass destruction that could threaten Iraq’s neighbors in the future.”
Main and Central seems to think that the failure for the various factions to agree at this point probably kills negotiations until after the U.S. elections. That smear about Barack Obama trying to delay U.S. troops withdrawals was resurrected again, by who else the original instigators, the Moonie Times, but CNN gave that story the smack down.
It is ridiculous that there have been multiple exposes on Bill Ayers and his acquaintance of Senator Obama and at this point the only person in the media to bring up John McCain close ties to domestic terrorist G. Gordon Liddy has been David Letterman, Loose ends
The lack of media attention to the Liddy-McCain relationship is one of the clearest double standards in recent political history. McCain and the news media have devoted an extraordinary amount of attention to Barack Obama’s ties to Bill Ayers, yet until last night, McCain hadn’t been asked a single question* about his ties to Liddy, a convicted felon who has instructed his listeners on how best to shoot law-enforcement agents. Liddy has held a fundraiser for McCain at his home and describes the Arizona senator as an “old friend”; McCain has said he is “proud” of Liddy.
Imagine for a moment that Barack Obama had said he was “proud” of an “old friend” who urged people to shoot law-enforcement agents in the head. Do you think maybe he would have been asked a question or three about it? Do you think maybe there would have been more than the occasional passing mention in the news of the relationship? Of course there would have been.
Yet McCain hasn’t been questioned about Liddy. The media have largely ignored the relationship, even while working themselves into a frenzy about Obama and Ayers. McCain’s relationship with Liddy is obviously newsworthy in its own right, but coupled with his attacks on Obama over Ayers, it’s a textbook case of hypocrisy — exactly the sort of thing that political reporters supposedly drool over. But not when it’s John McCain. When it’s John McCain, the nation’s leading news organizations band together in what is, in effect, a blackout of information that could be damaging to their longtime favorite.
Until last night, when McCain was finally asked, point-blank, about his relationship to Liddy and the similarities between that relationship and the Obama-Ayers relationship he has attacked so harshly.
Who finally asked the question? The New York Times? The Washington Post? CNN’s “best political team on television”?
David Letterman asked McCain about Liddy, putting the nation’s journalists to shame in the process.
For years, political professionals, academics, and media watchdogs have lamented the fact that some Americans get their news from late-night comedians and other entertainment. As it turns out, that might be a good thing.
Unfortunately, after Letterman broke the media’s embargo on questioning McCain’s relationship with Liddy, reporters quickly pretended it never happened — or, if they did mention it, downplayed the significance of the relationship. Time’s Mark Halperin described Letterman “hound[ing]” McCain over his Ayers attacks, adding, “The late-night host doesn’t let up on where the former Weather Underground leader fits into the campaign.” But, inexplicably, Halperin didn’t so much as mention that Letterman confronted McCain about his relationship with Liddy. Several news reports that did mention the Liddy exchange described him as a Watergate felon — omitting Liddy’s much more recent statements about shooting law enforcement personnel.
How difficult can this be. Senator McCain why are you proud of Liddy and value him as a friend. What values do you share with a felon who has advocated shooting federal law enforcment officials. Where is the front page expose.