John McCain Lied On Sunday Night

John McCain stated flatly on Sunday night that his campaign manager, Rick Davis, had had no involvement with Freddie Mac for the past two years. Yesterday the NYTimes reported that this statement was a lie as Rick Davis's firm was paid $15,000 a month UNTIL LAST MONTH to lobby for the mortgage giant.

John McCain is a liar. I am sick of listening to Democrats wax on about how heroic he was 40 years ago (Bill Clinton did it on The Daily Show last night) without out pointing out the basic fact that the John McCain who is running for President in 2008 is a habitual liar.

NYTIMes: McCain Aide’s Firm Was Paid by Freddie Mac

McCain's Campaign Manager Was Fannie Mae/Freddie Mac's Top Deregulation Lobbyist

NYTimes: A 2004 photograph from a report by the Homeownership Alliance, an advocacy group for Fannie Mae and Freddie Mac, shows John McCain with Ken Guenther, a former chairman of the group, left, and David Lereah of the National Association of Realtors.

NYTimes: Loan Titans Paid McCain Adviser Nearly $2 Million

Senator John McCain’s campaign manager was paid more than $30,000 a month for five years as president of an advocacy group set up by the mortgage giants Fannie Mae and Freddie Mac to defend them against stricter regulations, current and former officials say.

Mr. McCain, the Republican candidate for president, has recently begun campaigning as a critic of the two companies and the lobbying army that helped them evade greater regulation as they began buying riskier mortgages with implicit federal backing. He and his Democratic rival, Senator Barack Obama, have donors and advisers who are tied to the companies.

But last week the McCain campaign stepped up a running battle of guilt by association when it began broadcasting commercials trying to link Mr. Obama directly to the government bailout of the mortgage giants this month by charging that he takes advice from Fannie Mae’s former chief executive, Franklin Raines, an assertion both Mr. Raines and the Obama campaign dispute.

Incensed by the advertisements, several current and former executives of the companies came forward to discuss the role that Rick Davis, Mr. McCain’s campaign manager and longtime adviser, played in helping Fannie Mae and Freddie Mac beat back regulatory challenges when he served as president of their advocacy group, the Homeownership Alliance, formed in the summer of 2000. Some who came forward were Democrats, but Republicans, speaking on the condition of anonymity, confirmed their descriptions.