Speechless. That's right - I'm speechless.
Luckily, I can still type.
First, on behalf of the entire State of Connecticut, allow me to apologize to the nation for inflicting Senator Dodd on our banking system.
Senator Chris Dodd once again has hired the services of Washington's finest podiatrists and dentists to help him extract his foot from his constantly running mouth.
It seems that wherever one turns in the financial crisis, there's Senator Dodd doing something that would hardly seem in the best interest of the American people.
You already know that he was a buddy of the CEO of Countrywide Mortgage, which was the leader in writing bad loans. Senator Dodd was on a V.I.P. list that entitled him to sweet financing deals not available to everyone. How nice for the chairman of the committee that oversaw Countrywide.
Today we learn that Senator Dodd was instrumental in inserting language in the recently passed stimulus bill that made the AIG bonuses possible. But before he was caught out, he denied having done so.
And remember, Senator Dodd has cashed a few AIG checks in his day.
WHY IS THIS MAN THE HEAD OF THE SENATE BANKING COMMITTEE?
People are outraged that the same executives at AIG who brought down the company and contributed to bringing down the global financial system are now receiving bonuses. Never mind them. At the end of the day, they are supposed to be greedy. It's who they are. It's what they do.
But, I ask again: Why is a senator whose role it is to legislate the banking system seemingly doing everything in his power to enable these financial institutions to steal from the taxpayers?
And, is there anything more annoying than Senator Dodd going on TV and feigning outrage over the bonuses when HE HELPED MAKE THEM HAPPEN???
If you want to get mad, forget the AIG executives and start looking at the weasels who are guarding the the hen house.
No wonder there is a new slaughter every day.
Feel free to e-mail or call (202) 224-2823 - Senator Dodd and tell him what you think of his oversight abilities. And while your at it, ask him to resign from the banking committee.
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