McCain Wants Freddie Mac Lobbyist On Transition Team

10:29 am EST September 23rd, 2008 | News | 3 Comments

After this campaign is over there’s got to be some in depth examination of why John McCain so strongly desired to surround himself with lobbyists. The latest is William Timmons Sr., tapped to lead McCain’s transition team, who is a Freddie Mac lobbyist. God willing, this transition team will exist only in theory.

The lobbying firm of the man Republicans say John McCain has chosen to begin planning a presidential transition earned more than a quarter of a million dollars this year representing Freddie Mac, one of the companies McCain blames for the nation’s financial crisis.

Timmons & Co., whose founder and chairman emeritus is William Timmons Sr., was registered to lobby for Freddie Mac from 2000 through this month, when the federal government took over both Freddie Mac and Fannie Mae.

Newly available congressional records show Timmons’s firm received $260,000 this year before its lobbying activities were barred under terms of the government rescue of the failed mortgage giant. Timmons, 77, is listed as a lobbyist for Freddie Mac on the company’s midyear financial-disclosure form.

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3 Responses to “McCain Wants Freddie Mac Lobbyist On Transition Team”

  1. jr says:
    September 23, 2008 at 10:59 am

    “McCain needs Freddie Mac lobbyists because of his POW injuries”-Jonah Goldberg

  2. matt621 says:
    September 23, 2008 at 1:02 pm

    Lobbyist?

    That’s thinking small.

    What he really needs is a CEO…maybe from Fannie Mae, like Barack chose to help with his VP search, before he threw Jim Johnson under the bus.

    Great judgment by Barack. Or was it his staff who was responsible for picking Jim Johnson?

    “We’re going to go through a process in the vice-presidential search where I look at a whole range of options. This is one of the most important decisions I can make, and I think I’ll signal how I want to operate my presidency.” (Barack Obama, Interview With NBC’s Brian Williams, 6/4/08)

    Joe Biden is shaping up to be the VP pick that everyone hoped he would be. Most people pay good money for this kind of entertainment value.

  3. SFC B says:
    September 23, 2008 at 2:20 pm

    So… McCain has identified a man for his potentional transition team whose job, as a lobbyist, was to lobby Barny Franks on behalf of Freddie Mac? That’s awful bi-partisan of him.