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Sharon McHale, the vice president for Freddie Mac, declined any comment on the firm's arrangement with Davis. Other Freddie Mac officials did not return phone calls. Davis did not respond to e-mails and a phone call seeking comment. Asked for comment, Jill Hazelbaker, the McCain campaign communications director, said: "Rick left Davis Manafort and stopped taking salary from the firm in 2006 and, as Davis Manafort is an entity wholly unrelated to the campaign and any of its employees, all questions about Davis Manafort's practice should be directed to Davis Manafort."

"Who Davis Manafort represents during a period when no employee of the campaign is associated with the firm, is a matter that has nothing to do with this campaign," she added. "Finally, the relationship that Davis Manafort had with Freddie was not a lobbying relationship during Rick's tenure. Rick was never a lobbyist for Freddie."

Davis Manafort also did not return a phone call seeking comment.

McCain has made an issue of the relationship between some of Obama's supporters and Fannie and Freddie. Jim Johnson, the former Fannie Mae chief executive, was initially tapped to help vet potential running mates for the Democratic nominee, until controversy over his appointment forced him to step aside. And McCain's campaign has questioned Obama's ties to Franklin Raines, another former Fannie Mae chief executive. Both Johnson and Raines received generous payouts from the mortgage buyer.

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Member Comments

  • Posted By: Nowforthetruth @ 10/09/2008 10:38:26 PM

    The link below contains a purported list of the top 25 in Congress who got contributions from the folks at Fannie and Freddie. Obama is listed third, after Dodd and Kerry, even though Obama is just a junior Senator. Obama is followed next by Clinton. Barney Frank and Nancy Pelosi are on the list as well.

    http://www.investors.com/editorial/IBDArticles.asp?artsec=16&artnum=1&issue=20080918

    Then there is the Senate Banking Committee Chairman Christopher J. Dodd who allegedly got special mortgage deals from Countrywide, who gave preferential rates to 'friends' of company's chairman.

    http://www.msnbc.msn.com/id/25140560/

    For an interesting article purporting to detail the House Financial Services Committee Chairs long history with Fannie Mae, See http://www.businessandmedia.org/printer/2008/20080924145932.aspx

    "House Financial Services Committee Chair promoted GSEs while former 'spouse' was Fannie Mae executive."

    The link below describes how some in Congress tried to use the original version of the bailout bill to divert money eventually recovered to groups like ACORN, a group Obama has a long association with. See:

    http://online.wsj.com/article/SB122247015469280723.html?mod=googlenews_wsj

    And then there is House Speaker Nancy Pelosi, who allegedly has directed nearly $100,000 from her political action committee to her husband's real estate and investment firm.

    http://www.washtimes.com/news/2008/oct/01/pelosis-pac-pays-bills-for-spouses-firm.

  • Posted By: Nowforthetruth @ 10/09/2008 10:35:12 PM

    Obama's Campaign Paid Over $800,000 To ACORN For Get-Out-The-Vote Efforts, But "Mistakenly Misrepresented" Their Work To The FEC:

    Obama's Campaign "Paid More Than $800,000" To ACORN For Get-Out-The Vote Efforts; The Campaign Originally "Misrepresented" The Group's Work To The FEC. "U.S. Sen. Barack Obama's presidential campaign paid more than $800,000 to an offshoot of the liberal Association of Community Organizations for Reform Now for services the Democrat's campaign says it mistakenly misrepresented in federal reports. An Obama spokesman said Federal Election Commission reports would be amended to show Citizens Services Inc. -- a subsidiary of ACORN -- worked in 'get-out-the-vote' projects, instead of activities such as polling, advance work and staging major events as stated in FEC finance reports filed during the primary." (David M. Brown, "Obama To Amend Report On $800,000 In Spending," Pittsburgh Tribune Review, 8/22/08)

  • Posted By: Nowforthetruth @ 10/09/2008 10:35:01 PM



    Obama Formerly Represented ACORN, Taught Classes For Future Leaders Of ACORN, And They Endorsed His 2008 Presidential Campaign:

    Obama Directed Project Vote And Later Taught Classes For "Future Leaders Identified By ACORN And The Centers For New Horizons." "He [Obama] says he is drawn to politics, despite its superficialities, as a means to advance his real passion and calling: community organization. ... In 1992 Obama took time off to direct Project Vote, the most successful grass-roots voter- registration campaign in recent city history. Credited with helping elect Carol Moseley-Braun to the U.S. Senate, the registration drive, aimed primarily at African-Americans, added an estimated 125,000 voters to the voter rolls -- even more than were registered during Harold Washington's mayoral campaigns. 'It's a power thing,' said the brochures and radio commercials. ... Obama continues his organizing work largely through classes for future leaders identified by ACORN and the Centers for New Horizons on the south side." (Hank De Zutter, Op-Ed, "What Makes Obama Run?" ChicagoReader, 12/8/95)

    Obama Was Part Of Team Of Lawyers Who Represented ACORN In A Suit Against The State Of Illinois. "Obama was part of a team of attorneys who represented the Association of Community Organizations for Reform Now (ACORN) in a lawsuit against the state of Illinois in 1995 for failing to implement a federal law designed to make it easier for the poor and others to register as voters." (Mike Robinson, "Obama Got Start In Civil Rights Practice," The Associated Press, 2/20/07)
    ACORN's Political Action Committee Endorsed Obama. "[A]CORN's political action committee endorsed Barack Obama for President. ... The endorsement reflects a belief that Obama -- who worked as a community organizer on the South Side of Chicago -- understands that change must come from the ground-up, as part of a working coalition, rather than from position papers." (Katrina Vanden Heuvel, Op-Ed, "ACORN: Obama Gets It," The Nation, 2/23/08)

    http://www.marketwatch.com/news/story/rnc-obama--acorn-fact/story.aspx?guid=%7B29569FA1-136D-4B95-9D51-4EF9E87ED547%7D&dist=hppr


    The link below describes how some in Congress tried to use the original version of the bailout bill to divert money eventually recovered to groups like ACORN, a group Obama has a long association with. See:

    http://online.wsj.com/article/SB122247015469280723.html?mod=googlenews_wsj

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