HousingPANIC calls on Barack Obama to dump REIC-scum ex-Fannie-Mae CEO James Johnson from VP search team. WHOOPS! Looks like that just got done...

I've been away for a bit, but saw a piece in the paper yesterday on the train about the REIC scum who found his way onto the Obama campaign - the ex CEO of Fannie Mae who just LOVED corrupting other companies and robbing their shareholders when sitting on their comp committees, while also taking obvious personal bribes from FREAKING ANGELO MOZILO!

So I was gonna do a scathing post today flaming James Johnson, and also Obama for being stupid enough to associate himself with yet another piece of should-be-in-jail REIC trash.

And then I read right now that this problem has been dealt with and the dude is gone today.

Man, that was quick.

I think Obama screwed up in such an obvious way - I mean seriously, having the former CEO of freaking FANNIE MAE on your team during the biggest housing crash in world history? Stupid, stupid, stupid. But what really grossed me out about this guy is his OK'ing of lavish CEO pay packages as he sat on the board of companies like United Health, where he green-lighted giving the CEO $1.2 BILLION in stock options.

Come on Obama. What the f*ck were you thinking? Especially since YOU'RE THE ONE WHO INTRODUCED LEGISLATION TO CUT BACK ON LAVISH CEO PAY PACKAGES!!

Anyway, nice to see this dude get tossed on his ass today. I hope President Obama will be a nice change from Bush - who when he made a mistake denied it, and kept digging, and digging, and digging some more. Obama makes a stupid mistake and POW, fixes it within hours.

Former Fannie Mae chairman quits Obama’s VP search team

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