9/22/08

Mother Jones reports on McCain staff ties to financial lobbyists

At a Town Hall in Green Bay, WI September 18, according to the WaPo,

McCain accused Sen. Barack Obama of "cheerleading" the gloomy financial news, urged the ouster of the chairman of the Securities and Exchange Commission, and said that Obama's running mate believes raising taxes is "patriotic."
But while McCain excoriates the financial industry, it's interesting to remember that he started touting ethics after being involved with the Keating scandal and that that his chief financial guru was for so long former Senator Phil Gramm who helped deregulated the industry.

Now, the Democratic National Committee, using publicly available records, has identified 177 lobbyists working for the McCain campaign as either aides, policy advisers, or fundraisers. And in a post on September 19, Mother Jones named 83 of the 177 lobbyists,

have in recent years lobbied for the financial industry McCain now attacks.