Millions of Dollars, for Access . . . to John McCain?

And I thought I occasionally wasted money on foolish purchases that end up going unused, stuck in the rafters of my garage!

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.

(snip)

“The value that he brought to the relationship was the closeness to Senator McCain and the possibility that Senator McCain was going to run for president again,” said Robert McCarson, a former spokesman for Fannie Mae, who said that while he worked there from 2000 to 2002, Fannie Mae and Freddie Mac together paid Mr. Davis’s firm $35,000 a month. Mr. Davis “didn’t really do anything,” Mr. McCarson, a Democrat, said.

Let’s look at this by the numbers shall we? Five years. That’s 60 months, at $30,000, or $2.1 million, for access to a man who was by no means a frontrunner even to become the Republican nominee five years ago.

This is like betting millions on an aging, possibly over the hill, NFL team to win the Super Bowl, before even knowing if they will make the playoffs!

As for said campaign manager, Rick Davis, who we now learn received payments from Freddie Mac as recently as last month, it takes a lot of gall to collect what essentially amounts to “protection money” while running a presidential campaign. Blatant hypocrisy, most likely, but from the look of him, I guess he could also just have his head in the sand!

Separated at birth?


Still not convinced?