rick-davis-elevator.thumbnail.jpg“My campaign manager has stopped [lobbying for Freddie Mac], has had nothing to do with it since and I’ll be glad to have his record examined by anybody who wants to look at it,” John McCain boasted on Sunday.

Unfortunately for McCain, the New York Times took him up on it…

For his part, campaign manager Rick Davis claimed he never lobbied for Freddie Mac. And it appears that he didn’t register to lobby for the mortgage giant–but that’s not the same thing. As far as Freddie Mac was concerned, the company forking over fifteen grand a month to Davis Manafort because Davis was so close to Senator McCain. It money for nothing but hanging out with John McCain, sounds like lobbying to me:

WASHINGTON — One of the giant mortgage companies at the heart of the credit crisis paid $15,000 a month from the end of 2005 through last month to a firm owned by Senator John McCain’s campaign manager, according to two people with direct knowledge of the arrangement.

The disclosure undercuts a statement by Mr. McCain on Sunday night that the campaign manager, Rick Davis, had had no involvement with the company for the last several years.

They said they did not recall Mr. Davis’s doing much substantive work for the company in return for the money, other than speak to a political action committee of high-ranking employees in October 2006 on the approaching midterm Congressional elections. They said Mr. Davis’s firm, Davis & Manafort, had been kept on the payroll because of Mr. Davis’s close ties to Mr. McCain, the Republican presidential nominee, who by 2006 was widely expected to run again for the White House. [NYT]

The Rick Davis Deathwatch starts now.

Either McCain lied, or Davis lied to McCain. Regardless, Davis is going to have to fall on his sword for this one.

If McCain knew his campaign manager was taking money under the table to lobby for one of the major players in the financial meltdown and lied about it, his presidential bid should be over.

Lindsay Beyerstein

Lindsay Beyerstein