McCain’s Newest Ad: Obama’s Former Adviser, Jim Johnson and Fannie Mae
By NancyA on September 19, 2008 at 3:30 PM in Advertising, Barack Obama, Current Affairs, Housing Crisis, Obama, Politico, Veepstakes, vice president
This morning Ben Smith over at Poltico had this to say about McCain:
John McCain has an uphill battle to convince voters that he and his party — who have been governing for the last eight years — aren’t responsible for the current financial crisis. But he also has a case to make, in the form of his own calls to reform Fannie Mae and Freddie Mac, and of Obama’s ties to the Wall Street Democratic establishment.
With that in mind the McCain/Palin campaign released yet another ad linking an Obama ally to the Fannie Mae debacle. It is a follow up to the ad featuring Franklin Raines. Here is the latest ad starring Jim Johnson:
Of course we all remember Jim Johnson. This from the following Los Angeles Times article, Barack Obama advisor Jim Johnson quits under fire:
Jim Johnson, the former chairman of Fannie Mae who was one of three advisors tapped by Democrat Barack Obama to vet vice presidential candidates, resigned today after questions were raised about favoritism he may have received from Countrywide Financial Corp.
Insisting he had done nothing wrong, Johnson issued a statement saying that he did not want the flap over his mortgage to distract attention from Obama’s run for the presidency.
And now we stand reminded that the he was a former chairman of the housing giant, Fannie Mae, recently taken over by the feds.
The ad does however remind us that McCain warned us two year ago that Fannie Mae and Freddie Mac were in dire trouble.
He has about 6 new ads. You should update this with all of his new ads.
Could you do that please NancyA?
They are all pretty good and he has a great one with Joe and patriotic taxes.
I love McCains campaign ads.
Uppity has the McCain ads at her website:
http://uppitywoman08.wordpress.com/2008/09/19/mccain-ads/
Some of the Youtube ads are no longer present. Try this link.
http://www.johnmccain.com/tvads/
The web is being scrubbed by NObama.
Many links are gone or redirected to NObama sites.
Trolls4Nobama.
Is it not strange how the Obama camp can manipulate the internet like that, leaves one to wonder if the hacking of Palin’s account was not something done to see what they could of found and the young man has to take the fall for this.
I try not to succumb to paranoia, but I’m sure you’re right.
Obama will say anything to be elected. He acts as if he is above corruption, but he has been surrounded by and colluded with it for years.
This video has more info on Johnson.
http://www.youtube.com/watch?v=DQUImPsItnA&NR=1
The one where Obama says he isn’t ready to be president is probably the strongest one of all.
The tax ad is hilarious: Lots more taxes, lots more patriots!
Joe Scarborough showed Biden’s clip on his show and immediately said that he would get nailed for it — he was correct as he often is regarding political gamesmanship.
I’m sure many former Hillary voters will enjoy this post from a (!!!) conservative blog:
http://ace.mu.nu/archives/273831.php
“Mr. Obama, you claim we should look past the fact you don’t “look like other presidents.” I strongly suggest you begin looking past that too, and stop trotting out the accident of your race as an all-purpose get-out-of-jail-free card to be played whenever you’re caught out in a lie, a hypocrisy, or a 20 year association with a radical hate-preacher. …
You want to be The Man in the Arena, Obama? Stop making excuses for yourself and demanding you be graded on an Affirmative Action Curve. It’s time to stand on your own two feet, whatever color they are.”
that was a good read…thanks for posting.
Looking past Obama completely….to the real candidate with actually compassion for all Americans sound good to me.
Yeah, that’s great, he was chairmen from 1991-1998, he must really be responsible for the problems 10 years later…
And such a great job he did
An Office of Federal Housing Enterprise Oversight (OFHEO) report[1] from September 2004 found that, during Johnson’s tenure as CEO, Fannie Mae had improperly deferred $200 million in expenses. This enabled top executives, including Johnson and his successor, Franklin Raines, to receive substantial bonuses in 1998.[2] A 2006 OFHEO report[3] found that Fannie Mae had substantially under-reported Johnson’s compensation. Originally reported as $6-7 million, Johnson actually received approximately $21 million.
Thanks, Kevin. I feel like this is a good double play combination. More on Jim Johnson — he hid his true compensation from the public.
http://corner.nationalreview.com/post/?q=NWM3MDFkM2QwNzRjODk3NWZhZTc3OGIxNDQ4Nzc2NDc=
Katmandu-
Keep the links & your recaps coming!
Great work….
Joe Bob can’t get a loan on his house trailer from Fannie or Freddie …
LMAO!!
sounds like business as usual. can’t wait for obama to “clean thing up.” heh. Chicago.
Thanks, Joe Bob, for the perfect lead in. Jim Johnson is credited with turning Fannie Mae into a political force such the politicians were afraid to question it. Per the Washington Post in 2006, when it was still doing decent journalism:
http://www.washingtonpost.com/wp-dyn/content/article/2006/05/23/AR2006052301751.html
ah,
the sweet smell of facts
SWEET!!! :-]
You all are on fire today in the comment section.
Does any of what you posted have anything to do with him being blamed for what’s happenning 10 years later??? No
I just did some research. Ok, I do see how his leadership at the helm contributed to the current mess. I apologize.
This really doesn’t look good for Obama. He has too many connections to Fannie Mae.
.. I think you are begining to see the light.
And, here is NObama’s old tactic of “take the criticisms of me and project them on the opponent” that is, when the “steal the opponent’s platform” doesn’t apply.
HAHAHAHAHAHA But, uh uh uh, I uh uh thought we had to uh uh uh wait uh ah for your comprehensive review of uh uh uh the problems in the financial uh uh uh sector.
He has way too many other connections with real estate deals (not the house, big stuff like F&F). Look into Valerie Jarrett, the Crown family–think about who got paid by whom to by what, and who ended up benefiting from it.
Johnson began his career as a faculty member at Princeton University, later moving on to the United States Senate as a staff member and to the Dayton-Hudson Corporation (now Target Corp.) as director of public affairs. He was executive assistant to Vice President Walter Mondale during the entire Carter Administration (1977-1981).
Later, he founded and headed Public Strategies, a private consulting firm, from 1981 to 1985 before leaving for Lehman Brothers.
From 1991 to 1998, he served as chairman and chief executive officer of the Federal National Mortgage Association (Fannie Mae), the quasi-public organization that guarantees mortgages for millions of American homeowners. Previously, he was vice chairman of Fannie Mae (1990-1991) and a managing director with Lehman Brothers (1985-1990). An Office of Federal Housing Enterprise Oversight (OFHEO) report[1] from September 2004 found that, during Johnson’s tenure as CEO, Fannie Mae had improperly deferred $200 million in expenses. This enabled top executives, including Johnson and his successor, Franklin Raines, to receive substantial bonuses in 1998.[2] A 2006 OFHEO report[3] found that Fannie Mae had substantially under-reported Johnson’s compensation. Originally reported as $6-7 million, Johnson actually received approximately $21 million.
As of 2006, he is a vice chairman of the private banking firm Perseus LLC, a position he has held since 2001. He is also a board member at Goldman Sachs, Gannett Company, Inc., a media holding group, KB Home, a home construction firm, Target Corporation, Temple-Inland, and UnitedHealth Group.
http://en.wikipedia.org/wiki/James_A._Johnson_(businessman)
Oblowme’s a corrupt asshole.
Katmandu-
EXCELLENT Link. Thanks!
ALAN GREENSPAN, THIS WHOLE NAME IS TELLING US ALL. HE IS ONE OF THOSE WHO “SPAN” LIKE JOHNSON… THEY “SPAN”OUR ECONOMY TOGETHER AND JUST AS RESPONSIBLE AS ALL OTHERS!!! WHAT “GREE-SPAN” MEANS TO YOU.??? IT IS SO CLEAR”GREEAN ARE DOLLARS”, HE “SPAN” DOLLARS HIS OWN WAY AND CACHED GREATLY. COMPRANDE???
can You all imagine, how stinky rich this gay is, not to ferget Obamas bank accounts???
He make 1/2millions from Fannie Moe, ,AIG and others, can You imagine what He will do to those who are not in his cornet;US!!!
Read what the man said
http://blogs.wsj.com/washwire/2008/09/19/mccains-remarks-on-financial-markets/
Reading requires it’s best friend “comprehension.” Joe Bob and factual “comprehension” don’t mix well.
Mac needs to continue using this language…gaming the system. Damn straight!
McCain needs to get ads out about what he tried to do on righting the FF mess. His speech on this in 2005 was excellent; he could include an except even from an HRC speech. He could show the R and D vote that kept anything from getting done. I think I like his ads best when he is being humorous—that Biden act is flat out hilarious.
this is a very effective ad, NancyA.
Hope he hits Penny from Superior Bank and ties it to Bear Sterns.
Penny Pritzker–talk about an elitist.
And they have the nerve to go after Lady Lynn de Rothschild. Grrrr.
You don’t find it hilarious that a telecom mogul with a title of British nobility is calling Obama “elitist” and talking about how he’s not going to win over the rednecks?
That’s really the only story about Rothschild.
Her title and money don’t keep her from recognizing the truth. Besides, elitism is more about “attitude” than anything else and Obama has a bad one.
elitism is not about $$$
When Lady Lynn was on CNN the other day, she set the record straight about her own background. Her parents worked two jobs to put her and her siblings to med school,and to law school. They told her that she can achieve the American dream with effort and hard work. She made her money well before meeting the British Knight. No one can accuse her of being born with a silver spoon in her mouth.
The Obamathugs are fixated on Lynn’s wealth. That’s because they want to start a class war. The significant aspect of this story is that Lynn was on the Platform Committee of the DNC. That is to say, SHE WAS A CHIEF POLICY MAKER FOR THE DEMOCRATIC PARTY!
No small liberal credentials; but Obama gave even Lynn the creeps. Imagine what he does for us non-koolaid drinkning moderates. I hope she does a commercial. And a commercial comparing Sarah Palin and Teddy Roosevelt would be great as well.
Paul V - are you on-line?
Country First!
Thanks for bringing up Pritzker. Here is Earl Ofari Hutchinson back in Feb. on HuffPo. He really lays into Obama.
http://preview.tinyurl.com/49ehv6
Democratic presidential contender Barack Obama says he’ll crack down on fraudulent sub-prime lenders. If he really means it he can start by firing his campaign finance chair, Penny Pritzker. Before taking over Obama’s campaign finances, she headed up the borderline shady and failed Superior Bank. It collapsed in 2002. The bank’s sordid story and its abominable role in fueling the sub-prime crisis are well known and documented. It engaged in deceptive and faulty lending, questionable accounting practices, and charged hidden fees. It did it with the sleepy-eyed see-no-evil oversight of federal. It made thousands of dubious loans to mostly poor, strapped homeowners. A disproportionate number of them were minority.
Well, Obama sure knows how to pick them, huh?
hey, he know’s which side his bread is buttered on.
must be all that good judgment…Ayers, Rev. Wacko Wright, Pfleger, Rezko, and now all these financial swindlers.
Cant You see, why Obama hire all those thiefs, because they know how to steal from US, and Obama wants to do the same , one He become President!!!. He is telling US, that He will crock down on His BEST FRIENDS, at the same time, He is one of them!!!!
Well, I know all of understand favors received by Countrywide Financial Corp. Let me just get on the phone to call mine in.
In similar fashion, we’re all good friends with terrorists that just live right up the street. We allow our children to play with their adult children. It’s Mister Rogers’ Neighborhood in Obamaland.
Oh, the terrorist is a person in the neighborhood
the neighborhood
the neighborhood
The terrorist is a person in your neighborhood
Your neighborhood
Your neigh-bor-hood
Gonna do my first McCain phone bank Monday
Fantastic! I will be elsewhere in the country on Monday doing the same thing.
Thank you for helping!!
I’m signing up to do it here in PA. Based on what I have been hearing and seeing, Obama doesn’t have a chance unless he rigs the polls. And he will of course, so we have to outnumber them!
I phone banked today and am doing it tomorrow. It felt strange since you’re in Republican headquarters. But its about the United States staying strong and having effective leadership that is prepared to haul us out of this crap that the uppity Congress is too complacent to do anything about.
The great thing about McCain HQ is that they want everyone and will listen to all comers.
McCain doesn’t exclude he includes. He will listen to all sides and then be happy to include you among his friends even if you don’t agree.
I work the Northern Virginia Phone bank–and I would love to see more ladies and gentlemen from the Independent or DNC groups there with me.
We want idea makers not idealogs as we see in the Obama camp.
How does that work? Do you get a script? Who do you call? Or do they call you?
It depends,
sometimes you have a script and a list of numbers to conduct a poll. Or other times you work the incoming phones to answer questions about the campaign or take info from donations.
My mom stuffed packets last week and they also have terminals that you can write letters to the media or editors about the campaign.
There is lots of work to do. And anyone who shows up is welcome gay, straight, bi-, democrat, independent, republican, teen, elderly, no kidding they are all there.
Mondays are ladies night
Wednesdays are Veterans night
Come on down
we know who is runnig current Congres;Pelosi,Dean,Reid,Richardson,Reich,Dodd.
Now wait on Kucinich response, Obama got add, were He is picking on MAN, who is one of those honests, and He respect Constitution of USA as His Bible. Obama is attacking wrong people… He will be paying a big price , Kucinoch is not affraid of Obama, and Obama is not his favor politician. I am waiting for Kucinich response!!!Super Delegates sell our country to someone like Obama, blindly cawards!!!
omg…LOL
I stopped watching the Daily Show before the primaries ever began. Why? Because there’s nothing funny about what state our world/nation is in. The corruption, graft and greed is so disgusting that nothing can make it funny.
I think humor is appropriate in order to lighten things up from time to time but too much, every day, directed toward life altering decisions just reduces the serious nature of what we’re trying to correct.
Have to admit though JM singing Streisand was brilliant and that sort of mocking, making fun of how Obama responded to the serious economic debacle was delicious.
Annie,
I’ve felt this way for many years now.
This country took a direction in which humor became a the best cover for denial.
Let’s laugh at everything. Everything’s funny. Meanwhile little by little everything started going to shit.
And here we are.
Some things are just not funny.
George Bush/Dick Cheney, are among them.
I don’t want to be maudlin and self-pitying as a way of life, but dammit it’s time people started acting like adults and realize that laughter is not the solution. And may be part of the problem.
It’s more than time to put laughter into it’s proper place. A great way to relieve stress, but it should not be used as a mechanism of avoidance.
Live at Five and CNN
keep us all abreast
of breaking stories that can tend
to make us anxious and depressed.
Problems with no answers
hang on like some chronic cough.
And every day some brand new issue
rears it’s head to piss you off.
Bad guys win.
Optimism’s wearing thin.
Things are spinning out of control.
Cynicism’s all the fad.
World events could make us mad
as hatters.
Almost every day
some underpinning slips away.
These aren’t laughing matters.
Time bombs tick.
People keep on getting sick.
And a nickel’s not worth a cent.
Wickedness and greed abound.
Just as peace is gaining ground
it shatters.
Hate is here to stay,
and justice goes to those who pay.
Friend, these aren’t laughing matters.
The truth is scarier by far
than anything that Stephen King could write.
The stories in the paper are
the daily small decline and fall
spelled out in black and white.
Oh, what to do, what to do
how to take a brighter view
when your noodle’s totally fried.
Human spirits need to be
leavened by a little levity.
So take those blues
and bounce them off the wall.
Keep your humor please,
’cause don’t you know it times like these that
laughing matters most of all.
-Bette Midler
Bath House Betty
I second that…
Great Ad, Cuts through the koolaid haze!
This is from another PUMA site….
MUNCIE — A vandal who apparently plans to vote for Barack Obama attacked the Delaware County Republican Party Headquarters sometime this week with a gold spray can.
The vandal, or vandals, left behind graffiti reading “McCain? Seriously?” underscored by a depiction of a hand gesturing with its middle finger on the western wall of the headquarters.
A Republican Headquarters sign that was leaning against the same wall was tagged with three symbols that closely resemble the round Obama campaign sign.
The vandalism was discovered Wednesday.
Delaware County Republican Party Chairman Kaye Whitehead called the vandalism a sign of immaturity and predicted that it would energize Republican voters.
“Many times these actions have unintended consequences for those who did them,” Whitehead said.
Obama’s campaign on Wednesday issued a statement condemning the vandalism.
“This campaign is about important issues that affect the lives of people all across this state, and there is no place, nor any tolerance, for these types of deplorable and illegal acts,” said Emily Parcell, Indiana Director of Obama for America.
Delaware County Democratic Election Board member Phil Nichols called the graffiti “unfortunate.”
The graffiti on the wall occupied a section about two feet by three feet.
How immature!!!
What ever happened to the cars and the graffiti in FL? Any word on the Hillary supporters who went on a vandalism streak?
Pretty much par for the course from the “progressive” left.
well this seems to be a pretty frequent occurrence w Obama supporters. But like you said, it just drives more voters to McCains’ side. Frankly I don’t see the logic of how violence sheds a positive light or would garner support for a candidate. But these are very young and naive people just like the 20 year old who hacked Palin’s account. This shows the level of Obama’s support and it isn’t convincing. Most 20 year olds don’t know shit about life so I hardly think they are in a position to make good judgments about who would be best to lead the country.
Poor Obamatrolls
How’s it feel to be 0 for 10 the past two weeks
1..Not choosing Hillary for either the presidential or vice presidential nominee
2..Miscalculating in selecting a bore like Biden
3…Being sexist fools after McCain’s brilliant selection of Sarah Palin
4…Having your main issue of failure and retreat in Iraq blow up in your face with the success of the surge.
5..Wishing for a hurricane to hurt the republicans at their convention.
6…Wishing for a stock market collapse only to see the market rebound after a great move by the Fed on mortgages.
7…Watching Obama try to vote Present like always on the AIG bailout.
8…Seeing Obama exposed with his lobby money from Fannie and Freddie.
9…Watching democrats use illegal activity in hacking Palin e-mail accounts.
10…Watching McCain catch and lead in the electoral college
Not a great week for Obamabots who wish defeat and retreat for America!!
There is still plenty of time for the Obots. God help us all. They should all be rounded up after the election and sent to a desensitizer camp of some sort.
I think we should start by taking them to the Vet to have a flee bath and then have them neutered or spayed.
However,That would be an insult to my dog!
yea the “anything” camp just sounds too nazi
but they FOR SURE need a rabies shot (LOL)
I just clicked on your name…
Is that a picture of you?
If it is you look like you could be related to the Palins
that is me (26yrs ago) LOL
no relation but wow thanks for the compliment :-}
I wanted to prove a point to the dang trolls - service and all
but I’m not SUPPOSED to even respond to them (bad me)
Yes it was very much a compliment Dawnelle!
The point that’s missed about these trolls is that they keep us fired up and the discourse flowing.
Without dumb ass trolls like sf and roxanne this site would become a big social tea party.
Obama wants his trolls to argue with us..
Bring it on!!
good point!
some days I need to VENT
but they’re giving me tourettes~~ hehe! (I can’t spell that)
iI CHOOSE TO HAVE 26 UNDER MCcAIN THEN 4 UNDER OBAMA…
That looks like Germany. If so, was that anywhere near Wildflecken? If not, never mind.
notice the 1st Inf Patch?
(Tong du Chong, South Korea)
Not sure if they are still there. Many went to Iraq but I don’t know if they took them all out. I haven’t kept up really but did see the patch on some soldiers in Iraq on one of the news stations not long ago.
Probably FOX because the other two never cover the soldiers.
change that to 2nd
no idea where first came up in my head
2nd D
2nd to none
That patch was unfamiliar to me. I just saw the snow and made an incorrect assumption (we had snow 8 months a year, 10ft deep at times and was colder than a well-digger’s backside). Wildflecken was returned to the German gov’t in 1994. My former unit changed names and is now in Ft. Bliss, TX.
I think a long stint in the Marines would straighten them out.
they couldn’t survive boot camp
r u kiddin me???? roflol!
Then the Obots had better hope Obama doesn’t win because I get the impression he’s going to bring back the Draft! What was he said about everyone doing “national service”?
Send them all to Clown College, they can have extra credit for the last year.
I am absolutely convince, that Obamas people got into Palin amil!!!
Obamas supporters, are treatning US, who are agaist obama , that we will have a hudge riot all over USA. Are You scare??? they are!!! They will loose, and we will help this to happend!!!
Unfortunately we have seen a pattern of non action in the congress, I believe to insure a Dem victory in the fall.
When Chris Dodd killed McCain’s bill to reform Fannie & Freddie in 2005 it was just a matter of time till the organizations failed.
Everything Barck Obama is telling us seems to be dooms-day and only he can fix it. HA!
America is the greatest experiment in History. We have changed the world more than once. But what is most important is that our elected officials act in the best interest of the Nation not opportunistically sabotaging it in order to gain the White House.
We the people must DEMAND and end to this nonsense.
We must vote for the person that will help us to get there.
This time our choice is John McCain a man who has for years been the voice in opposition to the actions of his party and the opposition.
We have to get together and make a difference. We cannot hope others will do it for us.
It is in OUR HANDS. Our children are relying on us.
Who are they asking these questions to?
Poll: People prefer Obama over McCain as teacher. Let me see a War Hero or a ??? What is he??
http://us.lrd.yahoo.com/_ylt=Av3fcCNNEwOjqjtRinbU3FlG2vAI;_ylu=X3oDMTBiZ3MwbHJsBHBvcwM0BHRhYgMw/SIG=125tf15r2/**http%3A//news.yahoo.com/page/election-2008-political-pulse-teacher
“Who are they asking these questions to?”
Answer:
People who prefer Kool Aid over all other beverages.