Barack Obama Is A Hypocrite On Housing

Newsmax.com:

Republicans launched a scathing attack on Barack Obama Monday for alleged hypocrisy after the Democratic White House contender took on John McCain over the US housing crisis.

McCain's campaign and the Republican National Committee (RNC) fastened on a Wall Street Journal report that said Jim Johnson, the mortgage executive leading Obama's vice presidential hunt, had received preferential home loans.

Following an Obama speech that ripped into McCain's economic platform, the Republican's chief economic adviser Doug Holtz-Eakin said the reported loans to Johnson from Countrywide Financial raised troubling questions.

"And I thought it was remarkable that Senator Obama could talk about housing, talk about ethics, and fail to mention that he entrusted the single most important decision in his campaign, the choice of the vice presidential running mate, to a gentlemen, Mr. Johnson, who benefited from preferential lending at Countrywide and state financial payouts," he told reporters.

Johnson is a former chief executive of government-chartered mortgage provider Fannie Mae, and is leading a three-member team investigating possible VP candidates for Obama.

Mr. Pot meet Mr. Kettle.