Mickey Kaus has the money quote on the Jim Johnson story.
First for the brief recap – Jim Johnson has been tapped by Obama to lead his VP selection committee. Johnson is the former head of Fannie Mae, which had a number of problems under his leadership. While at Fannie Mae, Johnson availed himself of a “friends of Angelo” program from Countrywide Financial in taking out a series of mortgages (Angelo Mozilo was the CEO of Countrywide). Countrywide has been an integral player in the subprime lending meltdown – and Mozilo a target of Obama criticism.
OK, and where does that leave us?
With an Obama
hypocrisy distraction moment, of course. That is, the Obama campaign made this accusation of Hillary (remember her?), from the WaPo, the money quote:
"Obama aides also said Clinton is in no position to stiffen oversight after taking contributions from mortgage industry lobbyists, including funds from representatives of Countrywide, which has been at the center of the mortgage meltdown. 'If we're really going to crack down on the practices that caused the credit and housing crises, we're going to need a leader who doesn't owe these industries any favors,' campaign manager David Plouffe said."
Yes another distraction.
In fact, the whole Obama campaign is just a never ending string of self-inflicted distractions.
Though we may not (able to quantify the not non-existent favors Obama owes "these industries", one thing is certain - Obama does his own campaign no favors with the people chooses to surround himself with.
CLARIFICATION: No, no, no. We don’t mean the campaign staffers. We are with Jake Tapper, the staffers are ok folks. It’s his friends that are the liability. Staffers aren’t friends – they’re scapegoats-in-waiting. Obama does do himself a favor by finding such people (“unfailingly competent and polite, courteous and efficient” in Tapper’s words) who are willing to be sacrificed in service to the cause.