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McCain campaign attacking Fannie Mae in slideshow [UPDATED]

I hope this sticks

By: Soren Dayton (Diary)  |  October 8th, 2008 at 08:04 PM  | 

RESIZE: AAA

[UPDATE: If you read the Ambinder piece, you'll see that this was leaked to Marc: it's an internal document designed to make sure that the GOP's people are up to speed on this issue. - Moe Lane]

This makes a good point. Congress (Republican and Democratic) attacked Enron, but nothing against the politically connected Fannie Mae. Here’s a slide show, care of Marc Ambinder, that the McCain campaign is passing around:

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COMMENTS

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  • casel21

    They spelled “Gorelick” “Garelick” in slide 3.

  • merkurfan

    but about as boring as last nights debates.

    I don’t think the great unwashed will be able to pay attention long enough to read all 15 slides.

    Basically, we’re gonna hafta find a way to take all that info, and shrink it down to a bumper sticker.

    Or founders knew what they where doing when they restricted voting to land owners. (not so sure I agree with them on women voting)

    • PaRep

      Someone who has connections to RNC get them to fix this

  • persiflage

    is passing this around as an offering of the McCain campaign – it’s filled with misspellings. Just awful – looks stoopid!
    Can’t people do any better than this?
    It’s “Jamie Gorelick”
    It’s “Sarbanes-Oxley”
    Sheesh

  • derechista

    This piece is sort of like a teacher slapping an unruly student on his knuckles with a feather.

    The nation appears to be buying into Obama and McCain has yet to bring the fight to him.

  • izoneguy
    • PaRep

      .

  • tankertodd

    He’ll just keep spouting on about earmarks and Wall Street corruption. The same tired lines I get sick hearing. He doesn’t get it. Argh.

  • casel21

    I understand McCain doesn’t want to go FM/FM because it’s too complicated.

    This slide shows it’s not. People understand buying a house and paying their mortgage. What they don’t seem to understand is that they are buying houses for deadbeats like the ones on the SNL skit.

    People should also be made to understand that they are paying Raines, Dodd, Franks, too.

    Irrespective of what McCain does, the GOP cannot let the narrative take hold that FM/FM mess is the GOP’s fault. If they do, he party will be lost for a generation. I don’t know if the GOP is listening to McCain on this FM/FM but they have their own interests to protect. This is GOP suicide.

  • Moe_Lane

    This was internally distributed, and wasn’t meant for external use as is. It’s to make sure that the GOP’s people are briefed when they start talking about it.

    So relax. This slideshow means that F/F is about to go retail politics. :)

  • KeepOhioRed

    Get specific Mac!! Name names!! People are angry, you need to show some anger too. How about promising to PROSECUTE these people like we prosecuted the scumbags at Enron, Tyco, etc??

    O’Reily is a blowhard, but he was right on tonight. This is golden ammo and he is blowing it.

    • derechista

      Huh!?, right back at you.

      I, however, wasted my time last night hosting a debate watch party for Sen. McCain. My 15 guests, McCain supporters all, left entirely underwhelmed. This slideshow takes the cake in underwhelmingdome, though.

      • Moe_Lane

        If they wanted it out as-is, I would have gotten a copy before now. :)

        • derechista

          But you, and other GOP insiders, already know the facts surrounding Fannie Mae. What’s missing in this whole thing is a direct pitch from Sen. McCain.

          There’s every reason for the “Straight Talker” to call a spade a spade and go on the attack.

          • rbdwiggins

            Clearly, it will be like herding cats (There’s so many squishes), but choosing the next Speaker will be… rewarding.

  • LSPoet

    McCain won’t go after anyone right now because his advisors are telling him not to show his temper, which is a response to the democratic claims that he has a bad one! Unfortunately, this will cause him to lose the election. America is ready for the bulldog approach, not some powerpoint slideshow on the blogs of America. I’d like to see him “DO” something!

    • Moe_Lane

      I’m just a blogger who knows a few people to call or email when I have a question, that’s all. :)

      That being said, the guys that this was meant for are the ones who are going out and doing the retail political stuff. They got this as pretty much the lecture notes so that they can get themselves up to speed; the ‘sphere already is, so we didn’t need ‘em.

      As for McCain… the argument about whether he could have hit it more yesterday or not is going to rage on; but he did hit it, and he’s supposed to have hit it today, and he’s showing no signs of stopping hitting it.

  • udtiger

    I was pretty sure it filed bankruptcy in 2001.

    • NewTexanDave

      I just read this article:
      http://www.businessweek.com/bwdaily/dnflash/content/oct2008/db2008108_106465.htm
      I hope they have a good explanation otherwise they are going to lose a lot of voters who are fiscal conservative and who believe in free market.
      I’m especially concerned about what Holtz-Eakin said, assuming it was not twisted by the media.This could really hurt McCain. Anyone has a good explanation what all this is about?

      • hogiewan

        slide 10 – “They keeps all of their bonuses”

  • Augustine

    For the AIG bailout. Actually we gave AIG another 37 Billion today so a total of 122 Billion, i.e. almost the same size of the stimulus package we passed earlier in the year. Don’t worry the Dems will pass another 150 billion “stimulus” if they get their way.

    850 Billion for the Bad mortgage purchase + pork to get the bill through congress
    150 Billion for the stimulus
    122 Billion for AIG
    Couple dozen billion for various bank acquisitions

    And the left thought Iraq was expensive, look what the GSE’s cost us.

    • Augustine

      Why no Sarbox for fannie and freddie? I’m not a fan of Sarbox, but there should be no reason why a publicly traded company (or GSE) was excluded. Mr Frank probably didn’t want to burden his lover with the paperwork. While we are at it, why is it that the normal rules for conflicts of interest don’t apply to Mr Frank and the GSE’s? Imagine if McCain shot down the Boeing tanker deal and it came out that he was in a multi year relationship with someone at Airbus?

      The media is carrying the water for the Dems. One supposes that the Dems will find a way to pay them back once they are in power.

      • OCBill

        Even as an “internal document”, this is incredibly pathetic. They’d be better off making a PowerPoint out of the YouTube video that laid it all out brick-by-brick, but only if they have access to someone who can spell. And read. Or think clearly. This looks like something the cleaning lady might put together if she was trying to get a day job at the office.

  • Martin_A_Knight

    At this point, I’ve given up hope of seeing him attack on this issue.