Obama's Axelrod: Penn's Countrywide Ties Are Hypocritical

cnredd · #1 (**permalink**) 06-10-2008, 03:30 AM

Here's Obama's chief stratigist David Axelrod lambasting Hillary because she had Mark Penn as her chief strategist...a guy who was tied into Countrywide, a subrime lender that was ripped for being part of the housing collapse and the resulting stimulus check recently passed...

YouTube - Obama's Axelrod: Penn's Countrywide...

Quote:

Originally Posted by David Axelrod

She’s stuck him with him through the revelation that his firm was working for Blackwater and working for Countrywide, and, you know, so, it’s kind of stunning. Remember that the embassy said they weren’t sure whether he was there as a representative of his firm or a representative of Senator Clinton. I mean, I think there are issues associated with this. I’m not - you can use the word hypocrisy, but there are certainly questions that arise from this.

Now take a look at this article...hypocracy thy name is Obama campaign...

Countrywide Friends Got Good Loans

Quote:

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.

These borrowers, known internally as "friends of Angelo" or FoA, include two former CEOs of Fannie Mae, the biggest buyer of Countrywide's mortgages, say people familiar with the matter.

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.

There is nothing illegal about a mortgage firm treating some borrowers better than others. But if Fannie Mae officials received special treatment, that could cause a political problem for the government-sponsored, shareholder-owned company.

Its code of conduct, a spokesman said, “requires the disclosure of potential conflicts of interest and prohibits acceptance of substantial gifts, including loans with preferential terms, from an organization seeking to do business with the company without prior review and approval by the company.” The spokesman said the code has been in effect since the early 1990s.

How DARE Hillary use a guy with connections to Countrywide...

Now if you'll excuse us, we'll do the same thing...

Change you can believe in...

cnredd · #2 (**permalink**) 06-10-2008, 12:57 PM

This is TOO funny...

A journalist broke the mold and actually called Obama to task on this hypocracy...and he was stumped...

How bad was his answer (besides to 143 "umms" and "errs")?...

He actually ame out and said the people searching for his VP candidate ARE NOT WORKING FOR HIM...

Obama's Answer on the Johnson Conundrum

Quote:

ABC News' Sunlen Miller today asked Sen. Barack Obama, D-Illinois, how he could "rail against Countrywide Financial Corp as an example of insiders and today's economy while your VP search is headed by someone who got questionable loans from Countrywide?" '

"And in addition," Miller continued, "another person on that same VP search team – Eric Holder -- has also been involved in the Marc Rich scandal."

"Well, look," Obama said, "the, the, I mean - first of all I am not vetting my VP search committee for their mortgages, so you’re gong to have to direct -- "

"But shouldn’t you?" asked Miller.

"Well, no," Obama said. "It becomes sort of a, um, I mean, this is a game that can be played - everybody, you know, who is tangentially related to our campaign, I think, is going to have a whole host of relationships -- I would have to hire the vetter to vet the vetters. I mean, at some point, you know, we just asked people to do their assignments.

"Jim Johnson has a very discrete task," Obama continued, "as does Eric Holder, and that is simply to gather up information about potential vice presidential candidates. They are performing that job well, it’s a volunteer, unpaid position. And they are giving me information and I will then exercise judgment in terms of who I want to select as a vice presidential candidate.

"So this – you know, these aren’t folks who are working for me," Obama said. "They're not people you know who I have assigned to a job in a future administration and, you know, ultimately my assumption is that, you know, this is a discreet task that they're going to performing for me over the next two months."

ABC News Senior National Correspondent Jake Tapper sums it up nicely...

Quote:

Did I read that correctly? Did Obama claim that Johnson and Holder -- two of the three people heading up his VP search committee -- aren't "work"ing for him?

I suppose that's because they're unpaid, but my stars, that's a lot of high-level, time-consuming sensitive effort to not be considered "working" for Sen. Obama.

Exactly...

Saying "I'm not paying them...therefore they aren't working for me...therefore I didn't do background checks." is hysterical!...

Here's the video of Obama floundering like a fish...

YouTube - Sen. Obama Won't Vet The Vetters

Mikeyy · #3 (**permalink**) 06-10-2008, 11:39 PM

Thats the last straw. Now I'm voting for Obama instead.

winston53660 · #4 (**permalink**) 06-10-2008, 11:44 PM

Quote:

Originally Posted by cnredd

How bad was his answer (besides to 143 "umms" and "errs")?...

He actually ame out and said the people searching for his VP candidate ARE NOT WORKING FOR HIM...

Errr uhhh what is an "ame"?