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Barack Obama does not take advice from Fannie Mae executives

John McCain started smearing Barack Obama about non-existent ties to Fannie Mae in some of his deceptive attack ads. Anonymous smear emails have followed McCain’s lead by fabricating even more connections.

These smears disguise the fact that Barack actually has a sensible, detailed plan to fix the economy — and it’s a much better source of answers than anonymous attack emails.

The non-partisan fact-check website Snopes.com looked into these smears, and their conclusions about Barack and the Fannie Mae executives shouldn’t be surprising: “None of them has (or apparently ever had) ongoing roles with the campaign as chief economic advisors.”

Not an adviser: Frank Raines
Barack estimates that he and Raines have talked for “maybe five minutes” in their lives, and Frank Raines himself even released a statement saying that he is “not an advisor to Barack Obama, nor have I provided his campaign with advice on housing or economic matters.”

Not an adviser: Tim Howard
This supposed connection appears to have been made up completely out of thin air. Snopes.com writes, “We haven’t yet found any tangible connection between Tim Howard and the Obama campaign, however, much less any information supporting the claim that Howard is a ‘chief economic adviser’ to Obama.”

Not an adviser: Jim Johnson
Jim Johnson has never held a paid position with Obama for America. He volunteered to help Barack select a vice presidential nominee but stepped down after just one week.

John McCain’s Fannie Mae and Freddie Mac Connections:

The McCain campaign is the one with many ties to key lobbyists and advisers to Fannie Mae and Freddie Mac, including the campaign’s campaign manager Rick Davis and McCain’s Senate Chief of Staff Mark Buse. Read more about their extensive ties to Fannie and Freddie here: Newsweek, The New York Times, and The Washington Post.

Barack Obama’s Economic Plan:

Watch and learn about Barack’s plan to turn our economy around.