The lobbying firm of the man Republicans say John McCain has chosen to begin planning a presidential transition 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.Oh John, you've done it again. Not content to have your campaign manager shill for dirty nickels, you have to go and get another Freddie Mac lobbyist to plan your entire White House transition. If there's any consolation, I don't think he'll have much transitioning work to do.
Timmons & Co., whose founder and chairman emeritus is William Timmons Sr., was registered to lobby for Freddie Mac from 2000 through this month, when the federal government took over both Freddie Mac and Fannie Mae.
Newly available congressional records show Timmons's firm received $260,000 this year before its lobbying activities were barred under terms of the government rescue of the failed mortgage giant. Timmons, 77, is listed as a lobbyist for Freddie Mac on the company's midyear financial-disclosure form.
What's left? Pictures of you with sacks of money labeled "ill-gotten mortgage cash" on a yacht? Perhaps video footage of you planning the mortgage crisis from an underground bunker? A voodoo ritual where you embody the essence of every mortgage company into a single man named Freddie Mac, who you then have sex with? Your campaign exists solely in the realm of comedy now. A good day for you involves only one major revelation that you are a liar.
I'm guessing it was a bad idea to try to blame Freddie and Fannie for the mortgage crisis and then try to blame Freddie and Fannie on Barack Obama. Oh well, can't win 'em all. Or in your case, any.
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