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	<title>The Washington Independent &#187; mortage</title>
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		<title>McCain Chief-of-Staff Lobbied for Freddie Mac</title>
		<link>http://washingtonindependent.com/10273/mccain-chief-of-staff-lobbied-for-freddie-mac</link>
		<comments>http://washingtonindependent.com/10273/mccain-chief-of-staff-lobbied-for-freddie-mac#comments</comments>
		<pubDate>Fri, 03 Oct 2008 15:20:53 +0000</pubDate>
		<dc:creator>Matthew DeLong</dc:creator>
				<category><![CDATA[Blog (deprecated)]]></category>
		<category><![CDATA[Economy/Finance]]></category>
		<category><![CDATA[Lobbying]]></category>
		<category><![CDATA[McCain]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[eleconomy meltdown]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[freddie mac]]></category>
		<category><![CDATA[mccain campaign]]></category>
		<category><![CDATA[mortage]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Presidential Campaign]]></category>
		<category><![CDATA[Presidential Election]]></category>
		<category><![CDATA[presidential election. lobbying]]></category>

		<guid isPermaLink="false">http://washingtonindependent.com/?p=10273</guid>
		<description><![CDATA[<p>This is really getting ridiculous &#8212; but, then again, not altogether surprising.<span id="more-10273"></span></p>
<p>From <a title="http://www.washingtonpost.com/wp-dyn/content/article/2008/10/02/AR2008100203812.html" href="http://www.washingtonpost.com/wp-dyn/content/article/2008/10/02/AR2008100203812.html" target="_blank">The Washington Post</a>:</p>
<blockquote><p>When mortgage giant Freddie Mac feared several years ago that Sen. John McCain was too outspoken on the issue of executive pay, it pinpointed a lobbyist known for his closeness</p></blockquote><p> <a href="http://washingtonindependent.com/10273/mccain-chief-of-staff-lobbied-for-freddie-mac" class="read_more">More...</a></p>]]></description>
			<content:encoded><![CDATA[<p>This is really getting ridiculous &#8212; but, then again, not altogether surprising.<span id="more-10273"></span></p>
<p>From <a title="http://www.washingtonpost.com/wp-dyn/content/article/2008/10/02/AR2008100203812.html" href="http://www.washingtonpost.com/wp-dyn/content/article/2008/10/02/AR2008100203812.html" target="_blank">The Washington Post</a>:</p>
<blockquote><p>When mortgage giant Freddie Mac feared several years ago that Sen. John McCain was too outspoken on the issue of executive pay, it pinpointed a lobbyist known for his closeness to McCain and hired him to work with the senator.</p>
<p>Mark Buse, a longtime McCain adviser who had been staff director of the Senate commerce committee, signed on as a Freddie Mac lobbyist, and his firm, ML Strategies, earned $460,000 in lobbying fees in late 2003 and 2004, according to lobbying disclosures. Buse is now chief of staff at McCain&#8217;s Senate office.</p>
<p>Buse was one of many strategic hires made by Freddie Mac in its efforts to sew up support and manage opponents on Capitol Hill, a push that peaked in 2004 with the retention of 34 outside lobbying firms. Over the past decade, Freddie spent more than $95 million on lobbying, while its sister company, Fannie Mae, spent more than $79 million.</p></blockquote>
<p>It would probably be wise for the McCain campaign to 86 any criticism of Sen. Barack Obama&#8217;s ties to former Fannie Mae CEO Jim Johnson.</p>
<p>With the revelations that McCain campaign manager Rick Davis, a longtime lobbyist, <a title="http://washingtonindependent.com/6874/another-mccain-adviser-lobbied-for-mortgage-industry" href="http://washingtonindependent.com/6874/another-mccain-adviser-lobbied-for-mortgage-industry" target="_blank">pocketed millions from the mortgage industry</a>; and now this &#8212; it is clear that McCain&#8217;s ties to Fannie Mae and Freddie Mac are far closer, and more questionable, than Obama&#8217;s.</p>
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