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McCain questions Obama V.P. vetter

Posted by Foon Rhee, deputy national political editor June 9, 2008 07:34 PM

Jim Johnson, one of Barack Obama's key vetters of possible running mates, is getting some of the vetting treatment himself.

The Wall Street Journal reported on Saturday that Johnson, the former CEO of Fannie Mae, received more than $7 million in favorable loans from Countrywide Financial Corp. with the help of the firm's chief executive, Angelo Mozilo. One of the loans came while Johnson was still at Fannie Mae, the federal mortgage guarantor that works closely with Countrywide, one of the nation's largest mortgage lenders.

Obama's campaign suggested its surrogates call the story "overblown and irrelevant," saying the loans were above-board. Johnson, who is on a three-person vetting team with Eric Holder and Caroline Kennedy, was on Capitol Hill today to talk to congressional leaders about possible vice presidential nominees.

But John McCain's campaign has been flogging the story all day, suggesting that Obama is showing faulty judgment in hiring and that he is being hypocritical because he criticized former Democratic rival Hillary Clinton over her ties to Countrywide.

"There is nothing 'overblown and irrelevant' about millions of Americans facing foreclosure and Barack Obama entrusting his most important decision as a presidential candidate to a man who has accepted millions in special loans from a subprime mortgage lender," Tucker Bounds, a McCain spokesman, said in a statement this evening.

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As an independent I would suggest very strongly an outsider as Mccains running mate and someone that really have a glue how to guide the economy to the right course.The only person that suit the position is Governor Romney of Massechusset.If this nation will ever serious about fixing the economy Mitt Romney is the answer and not any sweet talker with no substance.

Posted by skmj June 9, 08 08:12 PM
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Digging, digging for more character assasination and who's working in concert with the ultimate character assasinators. Clinton Chronicles (www.youtube.com) or google it. Slime agents at work and he should know 'cause he called a author in Vanity Fair the same special designation recently. It's a puzzle. HHHMMMMMM.

Posted by MissClarity June 9, 08 08:32 PM
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EXCELLENT! It's about time Obama got a slight taste of the medicine he's been so unfairly doling out throughout the primary campaign against Hillary---you might say, his chickens are starting to come home to roost? Many of us are absolutely committed to keeping it up!

Posted by Hatshepsut1988 June 9, 08 08:33 PM
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Who cares... McCain's main advisers are lobbyists

Posted by McCain June 9, 08 08:34 PM
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Obama is corrupt.

Posted by Antidemocratic wing oftheparty June 9, 08 08:34 PM
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McCain should be renamed McPain !

Posted by Scrooge McDuck June 9, 08 08:35 PM
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lol it begins.

Posted by shiitaco June 9, 08 08:42 PM
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Get over it. McCain is absolutely crazy if he thinks we're going to judge Obama based on anything he says. Who trusts a Republican these days anyway? I have learned my lesson. Fool me once, shame on you. Fool me twice, shame on me. I'm done and have been done since the 2003 invasion of Iraq.

Obama in 2008!

Posted by Carlton June 9, 08 08:51 PM
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This two bit crap by Mc Cain is exactly why Obama and the Democrats must be elected. We now have proof of Mc Bush in the form of another dirty trick from the Karl Rove handbook on slime.

Posted by Bob L. June 9, 08 08:56 PM
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Barack Obama once again demonstrates his poor judgment in his associates, both personally and professionally: hence, Rezko, Wright, Pfleger, and now Jim Johnson.

By the way, what qualifies Caroline Kennedy to select a vice president of the United States? I just don't get it. Maybe Obama is just taken by the Kennedy family dynasty?

Posted by vb June 9, 08 08:58 PM
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My suggestion for a running mate for Senator Obama, Al Gore. What a dynamic combination! Think about it Al, we need you.

Victoria Dodds-Peosta, IA.

Posted by Victoria Dodds June 9, 08 08:58 PM
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I am a Hillary Clinton supporter and was deciding between Obama and McCain and just because of this story, I picked one... Obama. I find that this is really, really low for McCain to look at this. I mean it's worse than trying to draw the connection between Obama and the Weather Underground stuff. It's official, ALL the Republicans are in trouble this year.

So... for the first time... YES WE CAN!!!!!

Posted by JS June 9, 08 08:59 PM
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McCain assails Obama on people who are on his staff? You have to be kidding. Senator McCain, can you say Loffler and Crane?

John McCain promised a campaign based on issues. However, he will get his tail kicked in a campaign based on the war, the economy, the environment or health care.

Posted by Ray June 9, 08 09:05 PM
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I WILL NOT VOTE FOR OBAMA. aND HIS NAME HAS SIMILARITIES WITH TERRORIST GROUP. tHE TERRORIST WILL CELEBRATE IF OBAMA IS ELECTED US PRESIDENT AS OBAMA IS CALLED THEIR BROTHER IN THE MUSLIM WORLD. THE UNITED STATES WILL BE A LAUGHING STOCK BY THE 3RD WORLD COUNTRIES.

Posted by REGGIE BELEN June 9, 08 09:06 PM
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Obama's judgement is the issue...

keep in mind his only charitable donation last few years has been $27,500 year to trinity unity church, and then had the "hate" and "racist" pastor as his spiritual advisor on his campaign.

He bought his house with the help of convicted felon, Tony Rezko, who is known for corrupting politicians.

He calls a female reporter "sweetie", and his grandmother a "typical white person", etc. and reu

Posted by STEVE June 9, 08 09:08 PM
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looks like mccain is scraping the bottom of the barrel for faults with obamas judgment. We are all completely sick of the Bush/Mccain handiwork with the foreclosure crisis, and i get truly sick of hearing Bush say theres nothing he can do about it, give it time and mccain will parrot that old familar war cry "we can't' depend on our government to solve everything" this isn't everything it is the loss of an american dream, to own a house. there should have been more regulation on how the adjustable loans were made, because a great percentage of the borrowers that are being foreclosed could not EVER make the mortgage when the rates adjusted. Where were our reguations, what was Bush's White House doing to protect the borrower? I'm sick of hearing the borrowers KNEW they would not be able to make the payments when the adjustable loan payments came do. I offer that they were sold a bill of goods and the lender painted them a pretty picture and were complete liars, selling americans the american dream based on a speculation that "if" this and "if that you will be able to make the payment or refinance. At the end of thousands of families American dream there was just
what if.

Posted by gerry June 9, 08 09:11 PM
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McCain's acting like Clinton - wildly looking for an opening. Obama's like Ali - fly like a butterfly, sting like a bee......

Posted by Vpaul June 9, 08 09:17 PM
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If there were just one honest federal politician, that person would be pounding the American public daily with the details of our government’s foul plays.
We must have a strong aggressive economy. All of us are dependent upon America’s financial strength for our lives. But at what cost? At least be honest with us all the way down to the level of the $300.00 toilet seats that we buy every year……To Halliburton….To Iraq….To Oil....etc.
READ

Posted by Harry Barrett June 9, 08 09:18 PM
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Senator Obama,

Unless your promises of bringing us together were complete hype, then you must offer Hillary the V.P. spot on the ticket.

Besides, by every criteria known to mankind (and womankind) she is the single strongest candidate for the job. She brings the support of nearly 18 million loyal and traditional Democrats and she has broad support among Hispanics, older
Americans, women and Blue-collar voters. She can help carry questionable electoral states if you run without her, such as Florida, Pennsylvania, West Virginia, Michigan and Ohio. Face the simple truth, without her, the contest is a toss up, with Hillary it's a guaranteed win.

Show me your true character, sir. Unite the party and win in November.

Please pass this along to your V.P. selection committee!

Posted by Neal Darsow June 9, 08 09:20 PM
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this is not the only misjudment. obama has no judgment having property deals with con man and close ties with america haters. this is nothing.
just watch as the time goes on and the bubble bust near the general election.
then the dems will understand their foolishness of following the rock star.

bhagwan deol los angeles

Posted by bhagwan deol June 9, 08 09:24 PM
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A real laugh to see McCain talking about money and integrity when we consider HIS role in the Savings and Loan debacle a few years ago.

Posted by Michael Eldrich June 9, 08 09:41 PM
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Team McSame is really desperate if they are flogging on this all day. McSame wants to have our soldiers dying in Vietraq for the next 100 years. So whose judgement is faulty???

Posted by William June 9, 08 09:44 PM
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Time and time again Obama is called being the pot that called the kettle black. Criticize Clinton for her (weak) ties to Countrywide while then employing someone with very strong ties to Countrywide. Questioning everyones judgement on the Iraq war even though he wasn't even in a position at the time of judgement to be privy to the information and intelligence at hand. At the time he was still a member of a church whose primary purpose is the pursuit of black power, a church that even Oprah had the good sense to get out of years before recognizing how controversial the church had become.

Posted by CCS June 9, 08 09:46 PM
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Ironic he can't pick a VP on his own and needs to form a committee. Is this more of what he is going to spend our tax dollar on? Can't make a decision, let's form a committee! Not much of a leader I would say.

Posted by Maria June 9, 08 09:51 PM
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And what about McCain's financial adviser being on the board of UBS and representing other lenders who were involved heavily in the mortgage crisis? Spare me the tactic of trying to throw mud back that already is covering McCain-- that is schoolyard politicking - where is the substance? And there is a big difference between vetting potential candidates for VP along with a team, and having a policy adviser who was part of the problems we are facing. Even worse with McCain who admits economics is not his strong area, and that he doesn't know a lot about it. Deflecting ignorance by slinging mud won't work this time!

Posted by Thomasina Jefferson June 9, 08 09:51 PM
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seriously McCain, is this the best you can do on judgement. WHAT ABOUT THE ILL CONCIEVED WAR YOUR BACKING???

Posted by amy June 9, 08 09:54 PM
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Well at least Obama knows that president Putin is not the president of Germany.

Posted by Michael M June 9, 08 09:54 PM
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It all gets pretty ridiculous.

Posted by epeirce June 9, 08 09:57 PM
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Caroline Kennedy Schlossberg - no dirt there - and when Mr. Obama chooses her for running mate, Johnny should go marching home - to hang up his hat.

Posted by Ina Quadcities June 9, 08 09:58 PM
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This is pretty serious news... could sink Obama's campaign, along with the Wright/Rezko scandals and a possible future tape of Michelle... this will cast a shadow over any VP selection.

Posted by Marcos June 9, 08 10:21 PM
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No mention of Eric Holder who arranged Bill Clinton's amnesties before he left office? This includes Marc Rich. Google him if you're not familiar with the name.

Posted by Larry Edwards June 9, 08 10:31 PM
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Figures.....

Posted by Katherine June 9, 08 10:31 PM
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CALIFORNIAMARTY SAYS, Obama contantly surrounds himself with those who show the hypocrisy of his attacks on just about every issue. Now he attacks Countrywide Financial to show his law and order side and his empathy for the poor "folks" he panders to and has one of the rich ones who benefitted by it on his most important committee. The professors sit all day long looking for issues that call for action to protect the public...they write up his boilerplate MLK faux speech and he reads it beautifully. Sometimes they backfire.

Posted by CALIFORNIAMARTY June 9, 08 11:15 PM
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Rather than Obama repudiating Jim Johnson's relation from Countrywide. Mr. Johson should do Obama a favor and fire himself. This relationship without a doubt cast "shady" shadow over a man who prides himself in being straight up with the American people. Mr. Johnson's objectivity as representative of the American family is compromised by this relationship. As an Obama supporter and a McCain admirer, this news hits me pretty hard.

Posted by Willie in Kansas June 9, 08 11:27 PM
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McCain has got to be kidding right? Lindsey Graham who is an advisor for McCain has done more to hurt people that are losing their homes then anyone. He lobbied and help to block efforts to help people are losing their homes. The McCain campaign is aware of this right?

Posted by Tee June 9, 08 11:34 PM
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No news here. The question is "is Obama qualified to lead the US?" He is a good public speaker but a good speech on cake does not put bread on my table. American voters need in-depth analysis of BHO records and his agenda. The media needs to stop going goo goo gaa gaa over Obama and apply the same standard on him as on Bush. Obama is no little angel and running for presidency is no beauty baby contest. McCain's health may be a concern but I know I can trust him to lead America. Obama has a good change theme but I need to know if he is qualified to make changes.

Posted by Florida Counts June 10, 08 01:25 AM
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Yawn.

Posted by Atticus June 10, 08 02:15 AM
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I am equally surprised, as a former Fannie Mae employee, that the Obama camp would select Jim Johnson as their chief headhunter for selecting a vice president. You are absolutely correct regarding your concerns about Jim Johnson who Frank Raines took over from at Fannie Mae. Many of us former employees, strongly believe that Jim Johnson's reign was also very much apart of the financial woes of the corporation's very large accounting scandal. To say the least, we are not impressed with this selection and disappointed. I also agree that Jim Johnson represents the wheelers and dealers that Obama says he is going to fight. NVTL, they say that's Washington where there are many contradictions, politics as usual, and no permanent enemies; just permanent interest. Change indeed. The trick is to be able to rise above the usual guard and make a difference. We shall be watching.

Posted by B. Smith June 10, 08 02:28 AM
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Here we go folks,the repub smear campaign has startrd. If I were John McCain I wouldnt be criticizing in an area he, McCain is master of-remember all his lobybest buddies? This is the man who flatly stated he wouldnt get involved in dirty trAm I surprised? Heck no but I have faith in Obama,s ability to rise above such petty crap. Thanks, D Wardicks campaigning. This "maverick" seems to be your ordinary low road republican

Posted by doris ward June 10, 08 03:31 AM
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Fannie Mae and Freddie Mac are so over leveraged that they are broke. If elected, Obama will force taxpayers to bail out greedy lenders and borrowers for loans on overpriced houses they couldn't afford. The decision to lend and borrow using sub-prime mortgages typically with no money down, is one that rests solely with those who are party to the contract.

Obama, and the Federal Government have no business taxing all of us to compensate for risky business, nor for that matter, on the other end of the scale, for immigrants and welfare recipients. If Obama demands that we "pay as we go", then I demand that those who incur debt and/or feed from the public trough be the payers.

Posted by Hank June 10, 08 04:12 AM
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Special loans? What was so special, did he not have to pay them back? Did he not qualify? Ever notice how the scared repubs are masters of throwing a unsubstantiated lie out there and repeating it enough that people assume it must be true? This is no different than the mythological Michelle Obama tape they supposedly had that would derail Sen. Obama's campaign. Ever seen the tape? neither have they because they made it up, just as they are making this up. When you cannot beat a candidate on the issues try destroying people around them and then paint the candidate guilty by association. It won't work for grandpa Casper the friendly McBush and it won;t work for the repubs in general this time.

Posted by christopher June 10, 08 09:52 AM
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This choice of personnel for VP Vetting makes you wonder about Obama's skill in picking key personnel. This was or is the fault of George Bush by surrounding himself with people like Rummsfied and Cheny. If he has Bob Gates early on perhaps we would not be in this mess. He has made Repuplican Party "Toxic."
Jim Jhonson was one the first takers of the Countrywide bribes.(Low Rates subsidized by Angello Mazolla) Is this guilt by association perhaps no. But leaders surround themselve with men or women of charcter and integrity. This is not the case here.

Posted by AKM June 10, 08 11:15 AM
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The more things "change", the more they stay the same.

politics-- same old, same old.


Posted by youbetcha June 10, 08 04:48 PM
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Reggie bellen, u need some education

Posted by blaow June 11, 08 11:14 AM
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