Change, or more of the same?
Jim Johnson, failed CEO of Fannie Mae, whose very policies and “leadership” helped create the current mortgage crisis, and got his own sweetheart deal from CountryWide, is STILL advising Barack Obama.
Best line of the day thus far:
Here is the architect of the self-destruction of Fannie Mae constructing the Obama presidency.
Sad, but true. While Barack Obama and the complicit media try to paint John McCain as Bush 2.0 (which is laughable really).. Barack Obama actually lives his own campaign attack “more of the same”. We are in an absolute financial crisis in this country that was precipitated by the mortgage and credit collapse. And Barack Obama is being advised by one of the architects of the failure.
[...] Jim Johnson, to this day, is an adviser to Barack Obama. Jim Johnson was once the CEO of Fannie Mae, and made over $20 million for his work there and a sweetheart mortgage deal from CountryWide while leading Fannie Mae into disaster (at the expense of the American taxpayer). Johnon pathetic management and potentially fradulent activites at Fannie Mae are partially responsible for the mess we are in now. Yet Obama continues to call on Johnson for advise on how to deal with this crisis. [...]