Washington Monthly: TIME FOR RICK DAVIS TO GO

[laststeamtrain]

TIME FOR RICK DAVIS TO GO.... Hilzoy summarized the latest revelations about McCain campaign manager Rick Davis last night. The news is hard to spin away -- Davis not only lobbied to shield Fannie Mae and Freddie Mac from federal regulations, but we now learn that Davis' lobbying firm was picking up $15,000 a month from Freddie Mac, right up until it was taken over by the feds.

Let's pause to fully appreciate the big picture here.

John McCain argued last week that the crisis on Wall Street "started in the Washington culture of lobbying and influence pedaling." Oops.

John McCain insisted, on national television, just a couple of days ago, that Davis had had no involvement with Freddie Mac for the last several years. He added, "I'll be glad to have his record examined by anybody who wants to look at it." (Davis adopted the same line on a conference call with reporters on Monday, arguing that he's been completely detached from the housing lending giants.)

John McCain told voters last week that Barack Obama having tenuous relationships with former officials at Fannie Mae and Freddie Mac is scandalous, worthy of attack ads, and enough to cast doubts on Obama's judgment.

Given all of this, it's hard to see how McCain keeps Rick Davis on as campaign manager...http://www.washingtonmonthly.com/archives/individual/2008_09/014852.php
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It would make for some good headlines.

[whistle]

1. Rick Davis will expect severance pay