Jim Johnson, former CEO of Fannie Mae and a committee member in vetting Obama's Vice Presidential candidates, has stepped down from his position with the Obama campaign. Obama's response is again lame. They are stating that he was "just a volunteer" and trying to downplay his significance. Please. Is the general public that stupid? Unless your hypnotized by the Obama magic, anyone is going to raise an eyebrow a few times now. I'm surprised he didn't say, "This isn't the Jim Johnson I knew..."
The Wall Street has a great op-ed, "Friends of Barack"
From The Washington Post, "Obama Defense of Johnson Raises Questions":
Johnson is drawing fire over his jumbo home loans from Countrywide Financial, a major actor in the subprime mortgage mess, that may have been below market rates. The loans were first reported by the Wall Street Journal. Johnson also has drawn criticism in the past for his role in generous compensation packages to executives of companies on whose boards he served.
More from The Washington Post (standard news article, less opinion):
"Obama's Choice of Insider Draws Fire
Republicans Assail Head of VP Vetting"