This SHOULD End McCain's Bid for the Presidency


Crossposted fromMY LEFT WING

John McCain's CAMPAIGN MANAGER, Rick Davis took a leave of absence -- that is, he "stopped taking a salary" -- from his lobbying firm in 2006... but that firm has been accepting FIFTEEN THOUSAND DOLLARS a MONTH until...

LAST MONTH. For, apparently, no reason. No work has been done by Davis's firm on behalf of Freddie Mac since Davis "stopped drawing a salary." John McCain and his campaign claimed as recently as TWO DAYS AGO that Rick Davis has NOTHING TO DO with Freddie Mac. Nothing. And that he has NEVER lobbied for Freddie Mac.

Why was Freddie Mac paying Rick Davis's lobbying firm $15 THOUSAND a MONTH until 24 days ago?


THIS IS FUCKING HUGE.

No, seriously. If this is not THE NUMBER ONE STORY in the media this week, there is something VERY VERY VERY wrong with the media and with us for not MAKING them cover it as the NUMBER ONE STORY.

Because THIS IS FUCKING HUGE.

Connect the dots: McCain... Rick Davis... Freddie Mac... FINANCIAL APOCALYPSE... Government Bail Out.


John McCain = CORRUPTION




He has two choices (aside from simply throwing his hands in the air and admitting to the American people that his campaign is a disaster and further, properly reflects what his Administration would look like): Either he throws Davis under the bus and claims total ignorance -- which makes him look... totally ignorant; or they circle the wagons and McCain marches into the Valley of Death with a huge, flashing red sign over his head that says: MOST CORRUPT CANDIDATE EVER. And a tattoo on his forehead that reads: PROPERTY OF FREDDIE MAC.

Naturally, it appears the McCain campaign has opted for the latter approach. And the only thing standing between their SUCCEEDING at this outrageous tack and the whole goddamned country erupting into Watergate-sized horror at this... is the media -- and us.

Tags: corruption, mccain, scandal (all tags)

Comments

35 Comments

Note: I said it SHOULD end his bid.


 I'm very interested to see what happens next; because I know EXACTLY what would happen next if it were OBAMA'S campaign manager.
by Maryscott OConnor 2008-09-23 09:07PM | 0 recs
Re: Note: I said it SHOULD end his bid.

This is really bad for McCain on so many different levels, so I think you may be right, this could be the game-changer/October surprise that destroys McCain's campaign.  

The reality is, McCain's campaign should have been destroyed by all the gaffes, lies, and show of poor judgment in the past few months.  

But, this one might be the one that breaks the camel's back, because it really destroys his credibility as a maverick reformer, and with Davis as campaign manager, he's linked to the financial crash like a fly crazy-glued to a wall.  

And, my god, the story reeks of corruption and the "old boy's network."  I mean, making $15,000 a month for providing access to McCain?  And lying about it?  And while McCain has voted against the minimum wage 19 times in his career?  This is a man we're going to trust to clean up WA?  

by ProfessorReo 2008-09-23 09:57PM | 0 recs
McCain's corruption charge as freshman Senator

"In his early days as a freshman senator, McCain was known for accepting contributions from Charles Keating Jr., flying to the banker's home in the Bahamas on company planes and taking up Keating's cause with U.S. financial regulators as they investigated him...Keating and his associates raised $1.3 million combined for the campaigns and political causes of all five. McCain's campaigns received $112,000. The investigation ended in early 1991 with a rebuke that McCain 'exercised poor judgment in intervening with the regulators.'"

-CBS News

also, some unrelated items..


"In China executed the bankers who have stolen 7 million of dollars

In China executed employees of bank who have made the largest in country history bank theft.

The sentence 35-year-old ZHen Syaofenu and 38-year-old Ma Syantszinu has been carried out in the city of Handan of a province Hebei.

It is informed, that they have been recognised by guilty of plunder almost 51 million yuans (about 7,3 million dollars) from branch of the Agricultural bank of China. To receive an unimpeded access to money to criminals it was possible thanks to that they were operators of a bank vault.

They have been sentenced to the maximum measure of punishment on August, 9th, 2007. Appeals of the guilty have been rejected.

Execution in China - not a rarity. So, on March, 6th 13 women and two men have been publicly executed in boundary from the Peoples Republic of China the North Korean city of Onson. They tried to run across to China or promoted such attempts.

Let's remind, that else in November, 2007 the majority at voting in the Third committee had been approved the unprecedented resolution of the United Nations calling the nations to enter the moratorium on a death penalty. The offer on moratorium introduction was supported by 99 states, 52 states have contra voted, 33 countries have refrained.

Two former managers Bank of China recognised as guilty of theft of semibillion dollars
Two were managers of Chinese national bank Bank of China are recognised by the American court in Las Vegas by guilty of a collusion, writes The Wall Street Journal. Bankers Syuy CHaofan and Syuy Gotszyun with 1991 for 2004 have pirated 485 million dollars.Cотру 076;ники Bank Of China guilty of swindle with visas, and their wives - in a fake of...
The employees of the Chinese bank who has stolen money of clients, are executed
Two employees of the Agricultural bank of the Peoples Republic of China in a province Hebei, recognised guilty of plunder of money of clients in especially large sizes, on Monday have been executed. As reports Sinhua, condemned it was possible not to wait for mercy: they have made one of the most impudent and silly thefts in history of bank..."

more..

" Banker executed for bribery, embezzlement

Society

12 September 2007

A former Agricultural Bank of China (ABC) official was executed Tuesday after being found guilty of taking bribes and embezzling bank funds worth about US$2 million, AP reported. Wen Mengjie, 50, headed the information technology department at ABC's Beijing office between February 1999 and February 2004. Last year a court convicted him of accepting US$1.4 million in bribes that were tied to the purchase of electronic equipment and computer software. Wen also embezzled another US$570,000 while overseeing the purchase of ATMs. Despite increased judicial oversight on death penalty cases, China continues to execute people for economic, nonviolent and political crimes. In July, Zheng Xiaoyu, former head of the State Food and Drug Administration, was executed for taking bribes to approve substandard medicines."

Returning to the US...


"Less than a week after balking at the Alaska Legislature's investigation into her alleged abuse of power, Gov. Sarah Palin on Monday indicated she will cooperate with a separate probe run by people she can fire."

by architek 2008-09-23 11:22PM | 0 recs
All depends on how the media covers it n/t

by Drummond 2008-09-23 11:28PM | 0 recs
"Maverick" = RECKLESS

McCain = RECKLESS

by demwords 2008-09-23 09:32PM | 0 recs
Davis has always been a toadie

McCain should have dumped his butt a long time ago.

by vcalzone 2008-09-23 09:48PM | 0 recs
I'm getting a...


"Meh, people won't get it" reaction from people WHO DO GET IT elsewhere on the internets. Even my husband is blase about this, doesn't think it has traction.

At least THEY have ignorance as an excuse. WE must scream about this. It is our fucking DUTY. We MUST scream about this UNTIL they "get it."

Not fucking yawn and dismiss it as too fucking complicated for Joe Sixpack, for chrissakes. MAKE IT NOT COMPLICATED.

I;'m pretty sure I managed to distill it down to something many people could understand, and I'm POSITIVE that more GIFTED people than I could do it even better.

Like, say, JOURNALISTS. Pundits. Campaign surrogates.

by Maryscott OConnor 2008-09-23 09:53PM | 0 recs
Re: I'm getting a...

I think it will have traction, and actually, the story isn't that complicated.  Much less complicated than what's going on now with the bailout.

In one sentence - McCain's campaign manager, a lobbyist, sought and obtained $15,000 a month from Fannie and Freddie in exchange for access to his boss, McCain.  Prior to this arrangement, Davis was paid $30,000 a month to lobby on behalf of Fannie and Freddie.

I don't know, but that sounds pretty easy to understand to me - the 15,000 sounds like a bribe, and the whole thing just reeks of corruption.  

by ProfessorReo 2008-09-23 10:01PM | 0 recs
actually, two sentences.

but, you get my point.  This is an easy story to sell, and it is a narrative that taps into the narratives that the Obama campaign have been pushing with their lobbyist ads.  

And, moreover, I think the press will be all over this, because it's a NYT story, and because they are pissed about McCain's stonewalling with the press.  

by ProfessorReo 2008-09-23 10:04PM | 0 recs
Re: actually, two sentences.

Yes please keep screaming about this.  Keep using words like 'fuck', that'll work.

Scream.  Be hysterical.

It's a cinch.

by reebus 2008-09-24 01:15AM | 0 recs
Sniff...Sniff...

You smell something rank?  

That rotting Republic smell?  

Get out the disenfecant, something awful is hanging in the air.

by WashStateBlue 2008-09-24 04:45AM | 0 recs
Re: actually, two sentences.

However easy   it is to sell,guess what..doesn;'t seem the spinless media are buying it.I've seen it on MSNBC website and nowhere else.Certainly not on gutless,spineless and totally wet CNN.

by Lodgemannered 2008-09-24 05:45AM | 0 recs
Re: I'm getting a...

Oh, this definitely will, at least in the sense that it will result in insanely negative press.

Schmidt holds a press conference TWO DAYS AGO lambasting the press, saying they were digging for bodies that don't exist. It was an attempt to shame the press. And the one thing the press loves more than a serial liar is a proven serial liar.

Yes, this has traction, because it is the culmination of a string of huge "fuck you"s to the press. Sure, nobody cares about connections to Fannie/Freddie. Hell, even I don't care about connections to Fannie/Freddie. But it's about more than that, it's about being proven to be a liar on a story that came out two days ago.

Bottom line: This story not only cements the entire "lobbyist buddies" story that Obama was telling, it kills McCain's stories about being a maverick reformer by showing him to be a liar that hides his ties to corruption. I don't know if I'd say he's done, but this will give him a big headache at a time when he should be focused on rehearsal.

by vcalzone 2008-09-23 10:10PM | 0 recs
"Meh, people won't get it"

I think I understand.  The problem is, we have been down this route before.  How many times, now, have we caught the Republicans with their hands in the till or with their pants around their ankles (literally) now?  At some point, it's like you're hearing the same story again for the umpteenth time.  It loses its shock value.  

Man Bites Dog is news.  America Rips Off Republican -- that would be news.

The good news is, though, it's fresh.  Obama should bring this up in the debate on Friday.  He's a chickenshit if he doesn't.

by Dumbo 2008-09-23 10:54PM | 0 recs
Apropos of nothing...



 And everything, really...

Davis and McCain...

What total DUMB douchebags.

by Maryscott OConnor 2008-09-23 11:01PM | 0 recs
I agree.

Rick Davis is one of those greedy Wall Street insiders who have profited from an unregulated mortgage market.  Unlike the SEC chair, Davis actually deserves to be fired.  

Will McLame do the right thing?  

by ProfessorReo 2008-09-23 09:52PM | 0 recs
It's the damn liberal media elites again!

Now it's clear why Schmidt was going ballastic at the press....

These are the guys who jumped on the McCain band wagon, and Johnny Macs soul was sold so deep and so long ago, anyone that could help him was welcomed on board...

What was that about one fundraiser umpteen years ago at Bill Ayers house?

McCains house is rotten to the core.

by WashStateBlue 2008-09-23 10:17PM | 0 recs
Kind of torpedos McCain's big issue?

Also, how DUMB does McCain seem now, jumping up and down about the Surge, and wanting Obama to kiss his butt for being right?

That Sixty minutes interview sure looks good for Obama in retrospect.

Yup, John. The Surge is going to carry you RIGHT to the Whitehouse....along with the huge price tag for a war Obama would never have fought.

by WashStateBlue 2008-09-23 11:10PM | 0 recs
Re: This SHOULD End McCain's Bid for the Presidenc

Schmidt looks like a complete idiot at the moment, given his tirade earlier this week.  And you are not alone in your assessment, though I demur:


In a sharply-worded statement released to the Huffington Post, David Donnelly, director of the watchdog group Campaign Money Watch, said: "John McCain's campaign manager and Freddie Mac essentially had a secret half a million dollar lay-a-way plan. For almost three years, they made secret, monthly payments of $15,000 to Rick Davis for apparently no other work than for him to provide special access to a future McCain White House in exchange. If McCain knew about this, his presidential campaign should be over. If he didn't know about it, he ought to fire Rick Davis immediately."

Nicholas Graham - Freddie Mac Paid McCain Campaign Manager's Firm Through last Month The Huffington Post 23 Sep 08

And for a more generic, but incontrovertible assessment from someone who should know:


Robert McCarson, a former spokesman for Fannie Mae, criticized the McCain campaign's attack on Obama, given the five years of payments to Davis.

"It's either idiocy or hubris" on the McCain campaign's part, McCarson, a Democrat, said in an interview.

Pete Yost - Source: Freddie Mac paid McCain aide's firm AP 24 Sep 08

I'll say.  Schmidt, while cut roughly from the Rove cloth, has none of his master's subtlety or wit.  He is a mere pit bull.

by Shaun Appleby 2008-09-24 12:10AM | 0 recs
Re: This SHOULD

I love it.

You'd think Rick Davis could have tapped his ad guys on the shoulder and said "yeah, you know that Harold Raines spot you have set to go?  You might want to... what I mean to say is that you might consider... uh, I dunno, you're fired."

by Jess81 2008-09-24 05:35AM | 0 recs
Keating five

is anyone doing an ad about the Keating 5 directed at swing states? We definitely need one of those given that the GOP independent groups are tageting ads at Macomb county in MI.

by tarheel74 2008-09-24 06:05AM | 0 recs
We will end his bid in November

Sorry McCain, there are enough of us who are smart enough to see through your sham.  Enjoy your golden years.

by activatedbybush 2008-09-24 06:06AM | 0 recs
Re: This SHOULD End McCain's Bid for the Presidenc

MOC. Always a pleasure to rec your work.

by spacemanspiff 2008-09-24 06:18AM | 0 recs
Should but Won't

Every week there is another "This should end" or "This will end" or "This ends" or "This destroys" McCain's candidacy diary either here or on KOS.

Maybe this SHOULD end McCain's bid, but it won't. This is not even a blip on the TM's radar screen, let alone the big huge deal the diarist thinks it is.

Nobody outside of us politics geeks is listening or even cares. Sorry but 1/2 of 1% of the voting population is not going to end anybody's candidacy that easily.

There is only one thing that will end McCain's candidacy, and that event won't happen until November 4th.

by Phil In Denver 2008-09-24 08:20AM | 0 recs
Should. As in, "ought to."

by Maryscott OConnor 2008-09-24 11:02AM | 0 recs
Re: Should but Won't

Under ordinary circumstances you'd be right, but as it happens this not only is taking place on the polemic grounds that both campaigns have staked out - lobbyists, and the influence of Fanny Mae - but it also feeds into the notion that McCain is dishonest, which the Obama campaign is pushing and the media is sporadically noticing.

I mean McQueeg JUST started running an ad that attacked Obama for just knowing a guy who was connected to Fannie Mae.  And now his campaign manager is on their payroll?  After McCain explicitly denied it?

If this wasn't a big deal, McCain wouldn't have run the ad in the first place.

by Jess81 2008-09-24 11:20AM | 0 recs
Re: Should but Won't

None of that matters. The only thing that matters is the public perception, and there won't be any public perception unless this becomes a front and center story.

It won't. It's all bailout now, nothing else matters, nobody cares, least of all the TM. If they don't cover it, the public won't know it.

Obama can produce ads of course, but it's not like he hasn't been pointing out this kind of thing all along, it's not really having much impact and now it will have even less going forward.

by Phil In Denver 2008-09-24 11:33AM | 0 recs
Re: Should but Won't

This has everything to do with the bailout.

by Jess81 2008-09-24 11:46AM | 0 recs
I really wonder how much

the American people give a rats ass about "lobbyists" and "pork barrel spending."

by Lakrosse 2008-09-24 01:51PM | 0 recs
Re: I really wonder how much

Wel, I will tell you one thing.

What I have heard is, handing 700 billion to Wall Street with no strings sure didn't fly.

Republics like Jim Bunning said, when being told it was running about 55-45 against it in polling said

"Well, I'll tell you, in Kentucky, it's about 98-2 against...."

Bail-out is about as dirty a word in Red State land as Liberal, it seems....

by WashStateBlue 2008-09-24 02:43PM | 0 recs
Re: I really wonder how much

I have friends on both sides of the aisle on Capitol Hill. Probably the one thing they will all agree on is that Jim Bunning is the most colossal asshole (forgive me, but sometimes, that's the only word that works....) on either side, House or Senate, bar none. He refuses to be civil or businesslike in his dealings with political opponents, which is rare in the South.

He insists on labelling this thing as an expenditure, when in reality, most of these assets will be sold either for breakeven, or at a profit. But frankly, he is so senile at this point that he probably doesn't know the difference between an investment and an expenditure.

by BJJ Fighter 2008-09-24 09:20PM | 0 recs
Not only that, but if even if voters do care....

about this issue, who do you think they'll harbor more resentment towards: Obama's Frank Raines, with his +90 million, or Rick Davis, with is $15k a month. Get serious, folks.

by BJJ Fighter 2008-09-24 09:01PM | 0 recs
whoa

You mean the guy Obama met once, vs. McCain's right-hand man?

You cannot possibly believe the words that you type.

by Jess81 2008-09-25 04:07AM | 0 recs
Re: whoa

You cannot possibly believe the words that you type

don't be silly.  It's a character generator...

by chrisblask 2008-09-25 05:17AM | 0 recs
This SHOULD End McCain's Bid for the Presidency

Or, McCain could throw YET ANOTHER Hail Mary and knock this story completely off the press.

How many more of these desperation heaves can Schmidt call up?

What's next? They day before Sarah Palin's debate, there is some Homeland Security Warning about an imminent attack on Juno, and she has to rush back to personally lead the Alaska National Guard into battle?

by WashStateBlue 2008-09-25 07:05AM | 0 recs

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