Mortgage firm arranged stealth campaign

AP (Yahoo) ^ | 10/19/2008 | Pete Yost

[RDasher]

WASHINGTON – 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.

[bray]

"If effective regulatory reform legislation ... is not enacted this year, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system and the economy as a whole," the senators wrote in a letter that proved prescient.

You know which senator wrote that?? John McCain, not mentioned in the hatchetjob article. We would love to have the last 2 weeks to expose who bankrupted Fannie/Freddie and our banking system. It was the DNC.

Pray for W, McCuda and Our Troops

[Calpernia]

I was referring to post 14.

[calcowgirl]

A day late and a trillion short.

His cohorts were up to their eyeballs in this scam.

[bray]

For the media to point to McCain when Odumbo got $125K in hush money from them is incredible. To ignore Rezko says it all about the criminal relationship between the DNC and media mafia.

Pray for W, McCuda and Our Freedom Fighters

[calcowgirl]

Hello?

NEITHER of them are innocent!

Pray that they quit ripping off the public, would ya?

[Just A Nobody]

Grrrrrr...remember...DNH! Life is difficult.