Wednesday, September 24, 2008

New York Times Works for Obama Campaign

The New York Times claims that John McCain’s campaign manager receives compensation from a company that is being paid under contract by Fannie Mae and Freddie Mac. The McCain campaign categorically denies that Mr. Davis, McCain-Palin campaign manager, has been employed by the company since 2006.

I tend to believe the denials, since I have personally uncovered and exposed (perused by dozens of readers) instances where The Times published inaccurate and false reports (read by millions). Sometimes it’s hard for “truth will out” when the psychopathic misexpresser of the facts buys ink by the barrel and paper by the boxcar.

Regardless, I have so far read no reports from the accusing side that Mr. Davis did any lobbying since 2006 for Fannie Mae or Freddie Mac. And Mr. Davis is, after all, only the campaign manager, not a voting Senator or presidential candidate.

In that regard, I have read several reports of lavish campaign contributions by Fannie Mae/Freddie Mac, primarily to Democrats chairing important committees. In fact, the largest recipient of Fannie Mae/Freddie Mac contributions is Sen. Chris Dodd (D-Conn.) chairman of the Senate banking committee, followed by John Kerry, then Barack Obama.

Besides not being mentioned in The Times article, The Times chose to ignore that Democrats accuse Senator McCain of opposing stricter regulation of financial markets, while not reporting that Senator McCain with three other Republicans co-sponsored legislation (S-190) to reform the government’s involvement in lending three years ago (2005), after an attempt by the Bush administration died in Congress two years earlier.

S-190, Federal Housing Enterprise Regulatory Reform Act of 2005 - Amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 to establish: (1) in lieu of the Office of Federal Housing Enterprise Oversight of the Department of Housing and Urban Development (HUD), an independent Federal Housing Enterprise Regulatory Agency which shall have authority over the Federal Home Loan Bank Finance Corporation, the Federal Home Loan Banks, the Federal National Mortgage Association (Fannie Mae), and the Federal Home Loan Mortgage Corporation (Freddie Mac); and (2) the Federal Housing Enterprise Board.

The establishment of the independent Federal Housing Enterprise Regulatory Agency by S-190, which was opposed by Fannie Mae and Freddie Mac, was defeated by party-line voting by Democrats.

Referring to lobbyists, legendary former California Assembly Speaker (Democrat, naturally) Jesse M. Unruh said: "If you can't take their money, drink their booze, eat their food, screw their women and vote against them, you don't belong here."

Barack Obama, John Kerry, Chris Dodd, and many of their Democrat colleagues have failed the “Unruh test,” and don’t belong in leadership positions.

They took the money, then screwed us.

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