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Wednesday, September 17

Reform? My foot. McCain's "Advisors" Are Lobbyists for the Financial Industry.

David Corn at Mother Jones reports today that out of the 177 lobbyists working for the McCain campaign, 83 of them have recently lobbied for the financial industry. That would be the same financial industry that is going down the drain as we speak.

These are high-paid influence-peddlers who have been working the corridors of the nation's capital to win favors and special treatment for investment banks, securities firms, hedge funds, accounting outfits, and insurance companies. Their clients have included AIG, the newest symbol of corporate excess; Lehman Brothers, which filed for bankruptcy on Monday sending the stock market into a tailspin; Merrill Lynch, which was bought out by Bank of America this week; and Washington Mutual, the banking giant that could be the next to fall. Among these 83 lobbyists are McCain's chief political adviser, Charlie Black (JP Morgan, Washington Mutual Bank, Freddie Mac, Mortgage Bankers Association of America); McCain's national finance co-chairman, Wayne Berman (AIG, Blackstone, Credit Suisse, Fannie Mae, Freddie Mac); the campaign's congressional liaison, John Green (Carlyle Group, Citigroup, Icahn Associates, Fannie Mae); McCain's veep vetter, Arthur Culvahouse (Fannie Mae); and McCain's transition planning chief, William Timmons Sr. (Citigroup, Freddie Mac, Vanguard Group).

When cable news shows air footage of McCain railing against greedy execs and the lobbyists who rig the rules for the benefit of Wall Street dealmakers, there ought to be a crawl beneath him listing these lobbyists. (Talk about a fair and balanced presentation.) Short of that, here's the list of the McCain aides and bundlers who have worked for the high-finance greed-mongers McCain has pledged to take on. So far, it seems, none of them have been cast out of the campaign. If McCain were serious about his outrage, he might throw these money-changers out of his own temple.
The startling list of the lobbyists is here at the end of the article.

Comment: So I am sitting here watching the ticker and watching my nest egg go down the toilet while that POS McCain is railing against Wall St. greed. I wonder if he can spell "two faced liar" or did his time as a POW block his reasoning capabilities. Oh but the greedy bastards will come out okay while the rest of us who were stupid enough to invest in their mismanaged companies will be working until we drop dead on the job.

And I am thinking about how close we came to Social Security "reform" that McCain was for and how close millions upon millions of Americans were to being up Shit's Creek without a paddle today. Oh and they knew damn well that privatizing Social Security would be a disaster but they knew that their "base" didn't know shit from shinola about investing in securities... and interestingly even those who do know about the stock market are losing their shirts today.

Meanwhile I am increasingly meeting complete idiots who think Palin is a breath of fresh air who will save them. From what? I don't know. Liberals? And what pray tell have liberals done lately? I can't think of anything. Consider me completely fed up with the lying, corporatist, greedy bastards who own our government and are running their patsies for president.

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