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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (30329)6/9/2008 4:07:23 PM
From: PROLIFE  Respond to of 224769
 
Today it is shifting to James Johnson, part of presumptive Democratic nominee Barack Obama's three-person team evaluating vice presidential prospects.

The Wall Street Journal first reported the story Saturday. The link is for subscribers only, but here's the gist:

Countrywide Financial Corp. makes mortgage loans through a vast network of offices, brokers and call centers. But a few customers have gotten their loans a special way: through Countrywide Chief Executive Angelo Mozilo ... One was James Johnson, a longtime Democratic Party power and an adviser to Sen. Barack Obama's campaign, who this past week was named to a panel that is vetting running-mate possibilities for the presumed nominee.

The New York Sun has more details today, including some from the Journal, along with Obama's charges that Countrywide helped "infect the economy" and create the foreclosure problem, and his critique of its executives for taking $19 million in bonuses while people were losing their homes.

Independent blogger Marc Ambinder at The Atlantic calls the Johnson situation "a problem."

We asked the Obama campaign for comment early this morning but have not received any yet.

blogs.usatoday.com