Charlie Neibergall/Associated Press - Courtesy NYTimes.com

John McCain, who has already done his worst by lying about Barack Obama, now has been caught in yet another lie, this time about his campaign’s connections to Freddie Mac.

McCain started throwing muck about the mortgage giants at Obama last week, using a negative TV ad to accuse Obama of connections to someone who was connected to Fannie Mae and Freddie Mac. Obama denies the story told in McCain’s ad. The ad, which McCain himself approved, says explicitly that if Obama is connected to these disgraced and bankrupt institutions, then he’s “not ready to lead.”

Well, if McCain stands by that claim, then he’d better get ready to declare himself “not ready to lead.” And, McCain will have to apologize for lying (again). McCain said as recently as Sunday that Rick Davis, a McCain campaign manager, had noting to do with Freddie Mac. Turns out that a firm owned by Rick Davis was getting paid directly from Freddie Mac to the tune of $15,000 per month up until Freddie Mac went under. McCain lied, and he got caught. Let’s see how he reacts.

And while we’re waiting for McCain to come clean, Obama has given specifics about his ideas for getting the American economy out of the crisis created by the bankers on Wall Street.

Obama said today that he’s got four specific requirements for any plan that gives away billions in public money to bail out Wall Street banks.

1) All public money must be paid back if the banks become profitable again.
2) Thorough, bipartisan oversight of the bailout. This no strings attached nonsense isn’t gonna fly.
3) Limits on public money used as compensation for banking CEO’s who got us into this mess.
4) Help for people struggling to make mortgage payments must be part of the deal.

Sounds good to me.

So, let’s review. John McCain has been too busy talking shit about Obama to actually get specific on his plans to fix the economic crisis. Obama is running a positive campaign on the issues. Who deserves your vote?