09.23.08 -- 8:31AM By Josh Marshall
The guy John McCain has
chosen to manage his presidential transition was lobbying for Freddie Mac until
this month.
And from McCain ...
McCain has labeled Freddie Mac and Fannie Mae as prime culprits in creating the financial storm that has roiled Wall Street and Washington.
``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,'' he said last week in Green Bay, Wisconsin.
Honestly, I expect a lot of hypocrisy of all politicians, of both parties. But John McCain is really in a class of his own.
Edited to add:
The lobbying firm of William Timmons Sr., who John McCain
tapped to run his presidential transition team, “earned
more than a quarter of a million dollars this year representing Freddie Mac, one of the companies McCain blames for the nation’s financial crisis.” Timmons himself has been personally “
registered to lobby for Freddie Mac from 2000 through this month.”
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