10/19/2008 05:12 am ET Updated May 25, 2011

Palin Blames Lobbyists Like Her Campaign Manager For Economic Crisis

During his interview with Gov. Sarah Palin (R-AK), Fox's Sean Hannity asked Palin if she believed an investigation was needed into the "relationships between political donations from Fannie and Freddie Mac and the bankruptcy." Hannity's question was presumably inspired by Sen. John McCain's (R-AZ) recent emphasis on the significant number of campaign contributions that the two firms have made in recent years.

Tonight, however, Palin played down the role that campaign contributions might have played in the Fannie-Freddie collapse. Instead, she emphasized "the role that lobbyists play in an issue like this" ...

More significantly, the McCain-Palin campaign manager, Rick Davis, "served as president of an advocacy group led by Fannie Mae and Freddie Mac" that worked to cripple regulatory initiatives in Congress and protect the two institution's "healthy profits." As the Politico reported in July:

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