Fannie, Freddie, and Frank

[nohil-billy]

FAN, FRED, AND FRANK
House Democrats are concerned that it wasn't just Rep. Barney Frank who was having extracurricular relations with Fannie Mae and Freddie Mac executives, and that those relationships will come to light before the election a month from now.

According to a former Democrat staffer working for the House Committee on Financial Services, there were a number of stories involving Democrat members of the committee, as well as staffers for those Democrats, participating in retreats and getaway weekends paid for by Fan and Fred executives and lobbyists.

"Republicans were in the majority, and they weren't getting invited on these trips," says the former aide, who now works for an investment house in New York. "It's not that Republicans weren't enjoying themselves, but not the way my guys were. If I were a Democratic member in the mid to late 90s and dealt with financial services or housing issues, I'd be real nervous right now."

Frank has not hidden the fact that he was in a romantic relationship with a former executive for Fannie Mae. Frank now chairs the Financial Services Committee and was one of several longtime Democrat members who sought assurances from Speaker of the House Nancy Pelosi that no action would be taken on Fan or Fred investigations until after the election in November.

[Herb Schaffler]

There is corruption in both the Democrat and Republican Party. Republicans aren't innocent in all this. Until a month ago, Rick Davis, McCain's campaign manager received $15,000 a month from Freddie Mac for his lobbying firm.

Blog Buzz: Rick Davis's Fannie-Freddie Scandal Continues, McCain and the Bailout, Obama Leads in a Poll

More damaging reports surface about McCain Aide Davis, and Obama leads by 9 points in a new poll

Posted September 24, 2008
Our daily look at stories and topics that are lighting up the Internets:
Rick Davis: In the Doghouse

It's only getting worse for [LINK POSTED BY MEMBER] Only Members Can View This No Hillary For President Forum Link. 's campaign manager, Rick Davis. Following the [LINK POSTED BY MEMBER] Only Members Can View This No Hillary For President Forum Link. that Davis was paid $2 million over five years as president of an advocacy group set up by Fannie Mae and Freddie Mac, the New York Times now [LINK POSTED BY MEMBER] Only Members Can View This No Hillary For President Forum Link. that Freddie Mac paid Davis's lobbying firm $15,000 a month up until last month. The firm was kept on the payroll because of Davis's close ties to McCain. The news comes after McCain insisted that Davis has had no involvement with Freddie Mac for several years, leading progressive bloggers to [LINK POSTED BY MEMBER] Only Members Can View This No Hillary For President Forum Link. whether McCain lied to Americans or whether Davis lied to McCain. Either way, [LINK POSTED BY MEMBER] Only Members Can View This No Hillary For President Forum Link. bloggers are [LINK POSTED BY MEMBER] Only Members Can View This No Hillary For President Forum Link. by the lies and secrecy and the fact that Davis did [LINK POSTED BY MEMBER] Only Members Can View This No Hillary For President Forum Link. for the money he received. They're [LINK POSTED BY MEMBER] Only Members Can View This No Hillary For President Forum Link. [LINK POSTED BY MEMBER] Only Members Can View This No Hillary For President Forum Link. the [LINK POSTED BY MEMBER] Only Members Can View This No Hillary For President Forum Link. McCain spokesman Michael Goldfarb published denying the allegations, calling it a [LINK POSTED BY MEMBER] Only Members Can View This No Hillary For President Forum Link. and a [LINK POSTED BY MEMBER] Only Members Can View This No Hillary For President Forum Link. " One blogger says the news should be [LINK POSTED BY MEMBER] Only Members Can View This No Hillary For President Forum Link. to the campaign. It's unclear whether Davis will [LINK POSTED BY MEMBER] Only Members Can View This No Hillary For President Forum Link. as McCain's campaign manager.
McCain and the Bailout: Will He or Won't He?

After criticizing [LINK POSTED BY MEMBER] Only Members Can View This No Hillary For President Forum Link. for being [LINK POSTED BY MEMBER] Only Members Can View This No Hillary For President Forum Link. McCain spokesman Tucker Bounds has said that John McCain has [LINK POSTED BY MEMBER] Only Members Can View This No Hillary For President Forum Link. whether or not he will back the bailout. (Senate Majority Leader Harry Reid [LINK POSTED BY MEMBER] Only Members Can View This No Hillary For President Forum Link. .) Jonathan Martin at Politico [LINK POSTED BY MEMBER] Only Members Can View This No Hillary For President Forum Link. that McCain's comments yesterday in Michigan (McCain said inaction was not an option) indicate that he'll eventually support a modified version of the bailout. Our Jim Pethokoukis [LINK POSTED BY MEMBER] Only Members Can View This No Hillary For President Forum Link. why McCain should oppose the bailout, and a New Republic blogger [LINK POSTED BY MEMBER] Only Members Can View This No Hillary For President Forum Link. the bind that McCain is in. Meanwhile, Marc Ambinder has a list of [LINK POSTED BY MEMBER] Only Members Can View This No Hillary For President Forum Link. , and Obama has outlined a three-point [LINK POSTED BY MEMBER] Only Members Can View This No Hillary For President Forum Link. .
Obama's Leading? McCain Camp Says to Check the Numbers

The McCain campaign is calling a new [LINK POSTED BY MEMBER] Only Members Can View This No Hillary For President Forum Link. that shows Barack Obama leading McCain by 9 percentage points [LINK POSTED BY MEMBER] Only Members Can View This No Hillary For President Forum Link. Liberal and conservative [LINK POSTED BY MEMBER] Only Members Can View This No Hillary For President Forum Link. [LINK POSTED BY MEMBER] Only Members Can View This No Hillary For President Forum Link. that the recent financial crisis appears to be the reason for the jump, as more voters trust Obama to deal with the troubled economy. [LINK POSTED BY MEMBER] Only Members Can View This No Hillary For President Forum Link. say that Democrats should feel a little more encouraged and that the [LINK POSTED BY MEMBER] Only Members Can View This No Hillary For President Forum Link. a "sharp and unusual turn in the national mood." [LINK POSTED BY MEMBER] Only Members Can View This No Hillary For President Forum Link. from the poll: Obama is gaining back white women, and [LINK POSTED BY MEMBER] Only Members Can View This No Hillary For President Forum Link. 's favorability rating has dropped.
—Gretchen Hannes

[nohil-billy]

Herb, there is no doubt that both sides were involved as my post points out, but I'm just showing the hypocrisy of the Democrats who are trying to blame this whole mess on the Bush adminisrtration and his policies.

Bill Clinton himself came out last week and said the Democrats were mostly to blame on this and I saw footage of Barnet Frank from 2003 saying that Freddie and Fannie were fine and needed no government oversight. Bill Clinton also pointed out that George Bush attemted a dozen times to appoint an oversight committee to keep an eye on them only to have the Democrats filibuster.

Funny how it's Barney Frank trying to hold off investigations until after the elections.

[Herb Schaffler]

Yes, both parties are corrupt, but isn't it interesting how Bill Clinton has been bad mouthing Democrats lately while giving compliments to Bush, McCain, and Palin? He wouldn't be trying to undermine Obama would he in order for Hillary to run in 2012, would he?

[nohil-billy]

Of course he is Herb, but you've spent the better part of two years on this site saying what a liar he is and now that he's telling the truth, you want to concentrate on the ulterior motive.

[Herb Schaffler]

[LINK POSTED BY MEMBER] Only Members Can View This No Hillary For President Forum Link.