Obama Campaign Advisor is Responsible for $1 Trillion in Sub Prime Loans
One of Barack Obama’s campaign staffers has quite a connection to Fannie Mae, (actually at least two do, but for this post I am just concentrating on one of them). His name is James Johnson and he was the man responsible for vetting Barack Obama’s VP candidates. Perhaps Obama should have vetted Johnson.
Not only was Jim Johnson responsible for vetting Barack Obama’s VP candidates, he was also responsible for $1 trillion in sub-prime mortgages for Fannie Mae, which helped facilitate the crisis we are now in.
As CEO of Fannie Mae, Johnson set a goal of buying up $1 trillion in low-income mortgage loans, a move that eventually helped trigger what would become the sub-prime mortgage crisis.
Barack Obama has also stated that he wants to do away with golden parachutes but Jim Johnson received a golden parachute of $21 million when he left Fannie Mae. While Obama talks about corporate greed he has no problem welcoming Jim Johnson, who is part of the problem, onto his campaign staff because he thinks it will help him win.
Barack Obama talks a good game but when you juxtapose his rhetoric against his record you find a totally different reality. How can this man claim to be the agent of change when members of his staff are part of the problem?
America's Watchtower 
I must ask, to be an agent of change – does not that inherently mean that there is strong knowledge of the inside game that is played within Washington. Obama has positioned himself as this agent of change, however surrounded himself with Washington insiders that have decades of experience all contributing to the issues we are dealing with today. How can one raise a staff of people that see the same way everyone else does, however propose that his administration will be in such contrast to their history? I think this issue will present itself to any candidate looking to create a stir. Washington is heaped with a good ol network that requires navigation only an insider would have. That in itself is a contradiction raising eyebrows across all of the parties.
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