Looks like he is trying to put another black man under the bus and that man is Raines, former Fannie Mae CEO:
Karen Tumulty’s article in TIME is way over the line. She spins her own web about McCain’s intentions and declares him a racist. An unsavory association pointed out between two black men is not racism. It is, in this case, a reality.
The point of McCain’s ad is that Senator Obama is relying on advice from the man that nearly brought down Fannie Mae. The ONLY thing that has to do with race is the fact that both men are black.
Well, one of them is half black.
So what about the facts of the ad? Here is how the Obama campaign responded.
McCain Plays the Race Card
Statement from the Obama Campaign
“This is another flat-out lie from a dishonorable campaign that is increasingly incapable of telling the truth. Frank Raines has never advised Senator Obama about anything — ever.”
Oh really? Then I suppose you are calling the Washington Post and Franklin Raines himself liars too.
In a July 16, 2008 interview with Franklin Raines, former CEO of Fannie Mae, he told Anita Huslin that offering solicited advice to the Obama campaign was EXACTLY what he has been doing.
On the Outside Now, Watching Fannie Falter
In the four years since he stepped down as Fannie Mae’s chief executive under the shadow of a $6.3 billion accounting scandal, Franklin D. Raines has been quietly constructing a new life for himself. He has shaved eight points off his golf handicap, taken a corner office in Steve Case’s D.C. conglomeration of finance, entertainment and health-care companies and more recently, taken calls from Barack Obama’s presidential campaign seeking his advice on mortgage and housing policy matters.
So there is proof that Franklin worked with the Obama campaign. This is the sinister black man that is portrayed in today’s article. He’s only the guy that ruined Fannie Mae and then received nearly $25 million dollars as a reward.
Raines settled charges brought by the Office of Federal Housing Enterprise Oversight by agreeing this spring to pay $2 million and forfeiting $22.7 million in stock and other benefits. And though none of it will come out of his pocket — the payment was covered by insurance — he has not emerged unscathed. He and his wife of more than 25 years, Wendy, are separated.
He still made $25 million dollars and his wife left him. Gosh that really hurt. Are your tears welling up yet?
These accusations of racism have now become the centerpiece of the Obama strategy. First they roll out uDNC (Undemocratic National Committee for the uninitiated) spokesperson Donna Brazile to get things rolling and now they have an ever too willing surrogate to spread their deceit. All officially unconnected with the campaign so that they can claim innocence.
Check out more at: http://paganpower.wordpress.com/2008/09/19/raines-stains/