Posts Tagged ‘Tim McKone’

McCain Money News Roundup for Oct. 20, 2008

Monday, October 20th, 2008

Even with two weeks to go until the election, yet another connection between John McCain and troubled mortgage giant Freddie Mac has come to light.

Word came out this weekend that Freddie Mac secretly paid Republican firm DCI Group to lobby GOP senators to oppose legislation that would have increased regulations on its lending.

Does DCI Group sound familiar? It might – it turns out that DCI Group’s CEO is Doug Goodyear, who was John McCain’s choice to organize this year’s Republican National Convention. And, as Newsweek reported in May, Goodyear’s firm also made money representing Burma’s brutal military junta.

As for McCain’s VP pick, Alaska Gov. Sarah Palin, The New Yorker has a lengthy article on the governor’s rise to prominence among the GOP elite – the very “Good Ol’ Boys Network” she so often decries. Part of that, the story mentions, was her quick desire to cozy up to powerful Washington lobbyists after she became mayor of Wasilla.

Of course, McCain spent Sunday questioning the legitimacy of Barack Obama’s staggering $150 million in September fundraising, saying on Fox News Sunday, “What’s going to happen, particularly if you’ve got an incumbent president, and we no longer stick to the … public financing, which was a result of the Watergate scandal?”

Sen. McCain might want to ask this question of himself, as “sticking to public financing” proved to be, well, a sticky point during the Republican primaries. You may remember that McCain opted into the public financing system for the primaries and then decided to change his mind once his campaign took off. Despite the questionable legality of this move, the FEC eventually let him off the hook.

Finally, The Dallas Morning News explores why an Obama administration, combined with a Democratic Congress, would likely result in new regulations on AT&T. As for a McCain administration, the story notes that “AT&T’s executives and lobbyists have longstanding ties to Mr. McCain,” including the company’s top lobbyist, Tim McKone, who has raised $500,000 for the GOP nominee. The article also points out that some of McCain’s “top campaign aides are former AT&T lobbyists, including Charlie Black and Rick Davis, Mr. McCain’s campaign manager. Some of Mr. McCain’s Senate aides later worked as lobbyists for AT&T.”

Can You Hear Me Now?

Thursday, October 16th, 2008

We’ve all been there – you’re in a remote area and cellphone coverage is lacking or sometimes non-existent. Most of us resign ourselves to being out of touch for a while.

But when you’re Cindy McCain, you get two cellphone towers built right on your property by Verizon and AT&T – two companies that have given John McCain both hundreds of thousands in campaign contributions and over a dozen lobbyist bundlers.

That’s the story, according to The Washington Post’s James V. Grimaldi, and it’s one that goes to the heart of why John McCain’s lobbyist ties are so important. The article makes it clear that the towers were completely unnecessary in terms of providing coverage, and so few people lived near them that they could never be profitable.

Of course, none of that may matter when the McCains are the customers. Why? Well, Sen. McCain has been a friend to AT&T, Verizon and other telecom giants during his service on the Senate Commerce Committee, where he is a senior member and former chairman. And it turns out that McCain and these two companies have had a healthy exchange of money and lobbyists over the years.

According to a Campaign Money Watch analysis of data from the nonpartisan Center for Responsive Politics, AT&T employees and PACs have given McCain $480,408.00 since 1989. Verizon has contributed $282,572.00. AT&T is his No. 3 all-time contributor; Verizon is No. 11.

A list of the people who have lobbied for AT&T and Verizon forms a virtual who’s-who of McCain’s campaign staff, advisors and fundraisers. They include: national finance co-chair and bundler Wayne Berman, senior advisor Charlie Black, McCain’s Senate chief of staff, Mark Buse, VP vetter A.B. Culvahouse, campaign manager Rick Davis, deputy RNC chair Frank Donatelli, deputy campaign manager Christian Ferry, congressional liaison John Green, former finance chair Tom Loeffler, mega-bundler Tim McKone, George W. Bush national finance chair Jack Oliver and transition team head William Timmons.

In total, AT&T has paid nearly $20.9 million in lobbying fees to lobbyists now connected to McCain’s campaign, with Verizon paying just over $7 million. Those same lobbyists have bundled $600,000 for McCain.

The best way to illustrate these many, many connections is to visit our home page – click on one of the lobbyists mentioned above to see just how complicated this web (with McCain at the center) really is.

All those connections appear to have helped the McCains get good cellphone reception, even though AT&T and Verizon had to navigate through plenty of red tape to do it. That they’re willing to do such favors for McCain suggests they might expect a lot from him if he were elected to the White House. With so many of their lobbyists in McCain’s orbit, they’d definitely have reason to be hopeful.