Fannie, Freddie, Rick Davis and Franklin Raines

The New York Times published an article stating that a company owned in part by Rick Davis, the Campaign Manager for the McCain Campaign received $15,000 a month since late 2005 from Freddie Mac. What is interesting is that Rick Davis has not received any compensation from his company, or profit sharing or any other sort of compensation from that company since he took a leave of absence in 2006. He never had any part in the lobbying work that was done for Freddie Mac, and furthermore he has not done ANY lobbying work since 2005.

What bothers me is that the New York Times published this article, yet I do not see any article about the two Obama Economic Advisers, Franklin Raines and Jim Johnson. Now that the FBI is investigating Freddie, Fannie, Lehman and AIG, it will come out that Fannie and Freddie cooked their books, as was already found in a previous investigation. This was done when when Franklin Raines was Chairman and CEO of Fannie Mae. Franklin Raines received over $90 million in compensation for the six year period that he held these positions. Raines quickly walked away from Fannie, knowing that Fannie was on its way down. Obama no disputes the fact that Raines is a financial adviser, despite the fact that Raines and Obama were both quoted in the past as it being true. Jim Johnson is not only an advisor to Obama, but also was part of his Vice Presidential selection committee. Jim Johnson was a managing director at Lehman Brothers (Bankrupt), CEO of Fannie Mae (now in government control), was a board member of Goldman Sachs (Almost bankrupt), and received illegal loans from Countrywide (Bought out, but for pennies on the dollar due to it almost being bankrupt).

These are the people that are advising Obama, and his supporters actually believe that he has better economic policies than McCain. The media will not report these stories, but it is up to the public to ask the questions. I might sound ignorant, but I believe the people of the U.S. are smart enough to realize what is going on.