New McCain-Palin ad: "Jim Johnson"

Here's the script:

ANNCR: What Obama says...

BARACK OBAMA: It would be unacceptable for executives of these institutions to earn a windfall.

ANNCR: ...Is not what he does.

Meet Jim Johnson, former Fannie Mae CEO.

Fannie cooked the books and Johnson made millions.

Then Obama asked him to pick his VP.

And raise thousands for his campaign.

Barack Obama. More empty words.

JOHN MCCAIN: I'm John McCain and I approve this message.

Let's not forget that Jim Johnson received discount loans from disgraced lender, Countrywide Financial. As I noted a couple of posts down, another former Fannie Mae CEO, Franklin Raines, was of three months ago an Obama adviser on mortgage issues.

Although Obama has only been a senator for three years, only Senator Christopher Dodd (D-CT), the chairman of the Senate Banking Committee, has collected more in Fannie Mae-tied political donations than Obama.

Audacity!

Related post:

Obama's "sweetheart" mortgage: Was the competing lender Broadway Bank?

Technorati tags: Election Democrats economy business Obama Barack Obama McCain John McCain mortgages Fannie Mae