McCain: I’d never seen anything like that ad. Putting pictures of Saddam Hussein and Osama bin Laden next to the picture of a man who left three limbs on the battlefield — it’s worse than disgraceful. It’s reprehensible.Now, not so much.
KATIE COURIC: And, Bob, I understand that John McCain actually floated an alternative plan. What can you tell us about that?
BOB ORR: We're told at the White House Senator McCain offered an alternative plan that would include fewer regulations and more corporate tax breaks for businesses, kind of a private solution. But we're also told those ideas angered and surprised Democrats like banking chairman Chris Dodd who now says he thinks the White House summit was more of a political stunt for McCain.
"It's the longest Hail Mary pass in the history of either football or Marys."
When asked about his own campaign manager's associations with the mortgage
giants, McCain, in an interview with CNBC Sunday night, said that Davis "has had
nothing to do" with the Homeownership Alliance since it disbanded and "I'll be
glad to have his record examined by anybody who wants to look at it." (The
Homeownership Alliance was set up and funded by both Freddie Mac and Fannie Mae to promote the goal of home ownership and counter efforts to impose tighter
regulations on the two federally sponsored entities.)
...Davis's lobbying firm, Davis Manafort, based in Washington, D.C., continued
to receive $15,000 a month from Freddie Mac until last month—long after the
Homeownership Alliance had been terminated.
Two law enforcement officials said Tuesday the FBI is looking at potential fraudSoooo, the FBI is checking to see if anything funky might have been going on with these corporations. Ya think? Considering the feds have known that Fannie Mae and Freddie Mac have been cooking their books for years, I wonder what the sudden urgency is? Maybe it's that embarrassing chafing lawmakers are feeling at the idea of giving a trillion dollar blank check to Hank Paulson to bail out these mortgage crooks while their constituents facing foreclosure continue to be kicked to the curb.
by mortgage finance giants Fannie Mae and Freddie Mac, and insurer American
International Group Inc. Additionally, a senior law enforcement official said
Lehman Brothers Holdings Inc. also is under investigation.
Charles Babington analyzes the careening-out-of-control-like-a-covered-wagon-with-a-missing-wheel McCain-Palin campaign claims:
Politicians usually modify or drop claims when a string of newspaper and TV
news accounts concludes they are untrue or greatly exaggerated.[...]
But McCain and his running mate Palin, the Alaska governor, were defiant this
week in the face of similar reports.
Read the details here.
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