Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Palin Adds Fannie Mae Execs to List of Objectionable Obama Associates

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Latest Breaking News Donate to DU
 
JonLP24 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-07-08 11:43 AM
Original message
Palin Adds Fannie Mae Execs to List of Objectionable Obama Associates
Source: Washington Post

JACKSONVILLE, Fla. -- William Ayers isn't the only one of Barack Obama's supporters Alaska Gov. Sarah Palin finds objectionable.

"Now our opponent's campaign is claiming for the first time Barack Obama wasn't aware of Ayers' radical background," the Republican vice-presidential candidate told a crowd of thousands at a rally here, launching a fourth straight day of attacks on Obama over personal associations. "He didn't know he launched own political career in the living room of a domestic terrorist? What's next, claiming he didn't know that two of his biggest supporters were running Fannie Mae? ... Maybe he just thought they were just guys in his Washington neighborhood."

Palin didn't name Franklin Raines or James Johnson, two former Fannie Mae executives who are Obama supporters. But the crowd cheered loudly as she sought to connect Obama to the troubled mortgage company.

Raines is not known to be close to Obama, but Johnson had been a close adviser to the Illinois senator's campaign, even briefly serving on a three-person committee to help select his vice-presidential nominee. Obama and Ayers held one of his earlier meetings before running for state senate in 1995 at Ayers' home, but the two have not spoken in more than a year. Obama's top political adviser, David Axelord, said in a recent interview that Obama did not know of Ayers 1960's involvement in the Weather Underground when he attended the event at Ayers' home, a remark Palin ridiculed.

Read more: http://voices.washingtonpost.com/the-trail/2008/10/07/palin_ads_fannie_mae_execs_to.html
Printer Friendly | Permalink |  | Top
TwilightGardener Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-07-08 11:47 AM
Response to Original message
1. Has she learned what Fannie Mae and Freddie Mac actually are, by now?
Because she was a little confused on them a few weeks ago. Fucking brain-dead twit.
Printer Friendly | Permalink |  | Top
 
Roland99 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-07-08 11:55 AM
Response to Original message
2. Guess Palin thinks her campaign's chairman is a real slimeball, too, eh? Oh wait.....
Rick Davis' lobbying firm was collecting $15,000/month from Freddie Mac to help it fight against regulation and anything else that would fetter its unfettered access to risky investments.

Printer Friendly | Permalink |  | Top
 
stillcool Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-07-08 11:59 AM
Response to Original message
3. Snopes
Printer Friendly | Permalink |  | Top
 
WillParkinson Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-07-08 12:29 PM
Response to Reply #3
8. Stop spreading the truth!
People are going to believe the garbage being spoon fed to them by the Republicans and the media darlings. Truth no longer means anything.
Printer Friendly | Permalink |  | Top
 
JonLP24 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-07-08 12:35 PM
Response to Reply #8
9. Everytime I see Palin she repeats misinformation
Paint Obama as someone who will raise middle class people's taxes. It is interesting that Biden on national TV said McCain voted against funding the troops if it came with a deadline, Obama voted the same way because it didn't have a timeline.

I wish I could talk to her in person on national TV.
Printer Friendly | Permalink |  | Top
 
radfringe Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-07-08 12:00 PM
Response to Original message
4. mccain has 83 lobbyists working for his campaign
many are also lobbyists for freddie/fannie

http://www.youtube.com/watch?v=68x7HRQGyYc
Printer Friendly | Permalink |  | Top
 
CJCRANE Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-07-08 12:08 PM
Response to Reply #4
6. Someone high up in McCain's campaign was receiving $15k per month
from one of them.
Printer Friendly | Permalink |  | Top
 
radfringe Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-07-08 12:25 PM
Response to Reply #6
7. Rick Davis - lobbying association that included Fannie Mae, Freddie Mac


2 pinnocchios

http://voices.washingtonpost.com/fact-checker/2008/09/obamas_fannie_mae_connection.html

The Pinocchio Test
The McCain campaign is clearly exaggerating wildly in attempting to depict Franklin Raines as a close adviser to Obama on "housing and mortgage policy." If we are to believe Raines, he did have a couple of telephone conversations with someone in the Obama campaign. But that hardly makes him an adviser to the candidate himself -- and certainly not in the way depicted in the McCain video release.


---------

mccain:

http://www.motherjones.com/mojoblog/archives/2008/09/9663_mccain_fannie_freddie.html
Aquiles Suarez, listed as an economic adviser to the McCain campaign in a July 2007 McCain press release, was formerly the director of government and industry relations for Fannie Mae. The Senate Lobbying Database says Suarez oversaw the lending giant's $47,510,000 lobbying campaign from 2003 to 2006.

And other current McCain campaign staffers were the lobbyists receiving shares of that money. According to the Senate Lobbying Database, the lobbying firm of Charlie Black, one of McCain's top aides, made at least $820,000 working for Freddie Mac from 1999 to 2004. The McCain campaign's vice-chair Wayne Berman and its congressional liaison John Green made $1.14 million working on behalf of Fannie Mae for lobbying firm Ogilvy Government Relations. Green made an additional $180,000 from Freddie Mac. Arther B. Culvahouse Jr., the VP vetter who helped John McCain select Sarah Palin, earned $80,000 from Fannie Mae in 2003 and 2004, while working for lobbying and law firm O'Melveny & Myers LLP. In addition, Politico reports that at least 20 McCain fundraisers have lobbied for Fannie Mae and Freddie Mac, pocketing at least $12.3 million over the last nine years.

For years McCain campaign manager Rick Davis was head of the Homeownership Alliance, a lobbying association that included Fannie Mae, Freddie Mac, real estate agents, homebuilders, and non-profits. According to Politico, the organization opposed congressional attempts at regulation of Fannie and Freddie, along the lines of what John McCain is currently proposing. In his capacity of president of the group, Davis went on record in 2003 and insisted that no further reform of the lenders was necessary, in contradiction to his current boss's sentiments. " are subject to an innovative and stringent risk-based capital stress test," Davis wrote. "The toughest in the financial services industry."

Printer Friendly | Permalink |  | Top
 
mrJJ Donating Member (657 posts) Send PM | Profile | Ignore Tue Oct-07-08 12:07 PM
Response to Original message
5. Connect the dots
Nancy Pfotenhauer, a senior economic adviser to McCain...
McCain declared: "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.
her husband, Kurt Pfotenhauer, worked until late last year as the top lobbyist for the Mortgage Bankers Association, a trade group that in recent years downplayed fears of a housing bubble, only to be proved spectacularly wrong.
http://tpmmuckraker.talkingpointsmemo.com/2008/09/mccain_advisers_husband_heads.php

David Gregory's wife
MSNBC's David Gregory's wife was right in the thick of the crap at Fannie since 2005 Beth Wilkinson Beth A. Wilkinson was Fannie Mae's executive vice president - general counsel and corporate secretary. She reports directly to the chief executive officer. Wilkinson has oversight and management responsibility for all legal issues, strategies, services and resources. Additionally, she serves as the business-oriented, senior legal advisor to the board of directors, chief executive officer, and members of the senior management team.

http://www.fanniemae.com/aboutfm/executives/wilkinson.jhtml?p=About+Fannie+Mae&s=Executives

Of Course Good ole Rick Davis...
Printer Friendly | Permalink |  | Top
 
denverbill Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-07-08 12:56 PM
Response to Original message
10. You know who I find objectionable? Secessionists like Todd Palin.
Edited on Tue Oct-07-08 12:58 PM by denverbill
Perhaps Sarah isn't aware of her husband's own political ideology, and wasn't aware the the Alaskan Independence Party is a vitriolically anti-American hate group when she addressed their convention.

Explain that Sarah. I know the main-stream 'liberal' media will never ask you about that, but maybe MoveOn will.

Joe Vogler, founder of the AIP.
"The fires of hell are frozen glaciers compared to my hatred for the American government. And I won't be buried under their damn flag. I'll be buried in Dawson. And when Alaska is an independent nation they can bring my bones home."
Printer Friendly | Permalink |  | Top
 
felinetta Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-07-08 12:58 PM
Response to Original message
11. Where is Rick Davis? Where's McCain's flag pin?
I keep waiting to hear from Rick Davis again, but since last Wednesday when he was supposed to talk to the press and ducked out and sent an underling, I haven't heard a thing from him. Oh yeah, I know why, they were reporting that he was on the Fannie payroll until last month which contradicted McCain saying he hadn't been with Fannie since 2006. Maybe he's hiding out with McCain's lapel flag pin!
Printer Friendly | Permalink |  | Top
 
sinkingfeeling Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-07-08 12:59 PM
Response to Original message
12. And who is running McSame & her campaign? Oh yeah, the guy who was being paid $30K a month by
Freddie and Fannie.
Printer Friendly | Permalink |  | Top
 
Sewsojm Donating Member (554 posts) Send PM | Profile | Ignore Tue Oct-07-08 01:10 PM
Response to Original message
13. Makes one wonder how much their paying this Skank to spread this BS!
Printer Friendly | Permalink |  | Top
 
Vinca Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-07-08 02:28 PM
Response to Original message
14. It's maddening they deny the press access to this dim bulb so she
can be confronted on her statements. Apparently the press isn't even allowed to talk to supporters at Mooseburger events.
Printer Friendly | Permalink |  | Top
 
Supersedeas Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-07-08 03:13 PM
Response to Original message
15. It doesn't have to make sense, doesn't have to be within the realm of reason, JUST HAS to
generate a Media buzz -- and the dumbass powdered faces in the chattering class fall for it everytime.
Printer Friendly | Permalink |  | Top
 
Supersedeas Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-07-08 03:50 PM
Response to Original message
16. when will Projecting Palin accuse Obama of obstructing justice and firing State Patrolmen?
Printer Friendly | Permalink |  | Top
 
GinaMaria Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-07-08 06:05 PM
Response to Original message
17. Is she the next McCarthy?
Holy Crap. She's on a witch hunt. Is the media going to call her on it?
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Wed May 01st 2024, 04:28 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC