New McCain Ad: ‘Advice’
UPDATE at 9/19/08 9:35:22 am:
Obama spokesman Bill Burton is calling John McCain a liar.
Burton said Obama only met Raines once briefly at an event, and that Raines sought an introductory meeting with Obama Senate aide Mike Strautmanis. At that meeting, Burton said no advice was sought from or given by Raines, who also had served as President Clinton’s budget director.
“This is another flat-out lie from a dishonorable campaign that is increasingly incapable of telling the truth,” Burton said. “Frank Raines has never advised Senator Obama about anything—ever.”
Please note, from the Washington Post, July 16, 2008: 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.
Frank says: