Hi there,

Immigration raids are spreading across the country. The agencies meant to protect public health are being dismantled from within. Public broadcasting is being defunded... Today, Democracy Now!'s independent reporting is more important than ever. Because we never accept corporate or government funding, we rely on viewers, listeners and readers like you to sustain our work. Can you start a monthly donation? Monthly donors represent more than 20 percent of our annual revenue. Every dollar makes a difference. Thank you so much.

Democracy Now!
Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate

Freddie Mac Paid GOP Firm $2M to Fight Regulation Rules

HeadlineOct 20, 2008

The Associated Press is reporting Freddie Mac secretly paid a Republican consulting firm $2 million three years ago to kill legislation that would have regulated and trimmed the mortgage finance giant and its sister company, Fannie Mae. The lobbying firm was DCI of Washington. Its chief executive, Doug Goodyear, was later hired by John McCain’s campaign to manage the Republican National Convention in September. Goodyear had to later resign from the convention job after it was revealed that he had also lobbied for the military junta in Burma.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top