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Posts Tagged ‘Chris Dodd’

Senator Chris Dodd (D-CT), is fighting to save his political career, according to a Fox News article. Mired by the AIG bonus scandal which had many in the country clearly upset, and plagued by special interest ties, this 35 year veteran of Congress will face a tough battle at his next election. Dodd’s close ties with AIG (they donated over $300K to his campaign fund), has focused attention on the long term ties between members of Congress and special interests, and many believe it is hampering efforts to revive the economy.

“He literally thinks he’s going to play a critical role from saving us from ourselves,” Christopher Healy, the Republican Party chairman in Connecticut, said of the Democratic senator.

“It’s like putting the arsonist in charge of the volunteer fire department. He knows where the fire is because he set it. But beyond that, he can’t offer much help.”

Of course, Dodd is at the tip of the iceberg. According to Julian Zelizer, a congressional expert at Princeton University, most politicians have special interest entanglements, penalizing Dodd as Chairman of the Senate Banking Committee would not be effective.

“You have to penalize all of Congress if you started doing this,” he said, adding that long-term reform is needed for a more efficient system.

But adding to his troubles with AIG, he requested a pardon from the Clinton administration for a former Bear Stearns director and longtime friend, Edward Downe Jr., who plead guilty to insider trading. Also, his “sweetheart deal” mortgage from Countrywide surfaced during his failed presidential bid. All this shows that Dodd in in Congress to help Dodd, not the residents of Connecticut.

“He’s a walking, talking ad for term limits,” state GOP chairman Healy told FOXNews.com. “Thirty years is a long time…. If you hang around too long in sports, theater and politics, the customers speak. They either stop coming to the theater, the ballpark or showing up on Election Day.”

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You forced Liddy’s hand in releasing the names of the bonus receiving employees of AIG, luckily you haven’t made them public. But I suspect it is just a matter of time before that list finds its way into Code Pink’s hands. The black-shirts of ACORN are not wasting any time and have already put out a list of names and addresses of AIG employees in general, I guess hoping they would hit pay dirt eventually. Their “Star Map” stalkers, like this uber-genius here (hey coward…show us your face!), are protesting in front of innocent employees homes. It is only a matter of time before violence breaks out. Oh, you’ll decry the violent acts in front of a camera, sure. More here.

You caused this entire mess, you and that lying moron Chris Dodd! The Media is willingly helping you destroy this country and our economy. I hope enough MA voters learn of your treachery and vote you out of office. You’d better learn your lines now:

“Would you like fwies with that meal sir?”

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Chris Dodd (D-CT), the Senate Banking Committee Chair, finally admitted that he was the one responsible for the AIG bonus loophole language that had mysteriously appeared into the Stimulus Bill. Oh, he had excuses (more here and here), but they are irrelevant to one important fact. At first, he had told the American public that he had no idea how that language got into the bill. This is not a case of an honest mistake. This is a case of a flat out lie.

Connecticut, you elected a liar, there is just no other way to put it. So, all of those who whined and threw your hissy-fit over the AIG bonuses, please direct your anger at Mr. Chris “Liar-Liar-Pants-On-Fire” Dodd. Thank you.

Now that we have established that he is a liar, everything he has said, and will say from now on, is suspect at best. He should, at least, be kicked off the Senate Banking Committee, at best, be impeached. Dishonesty is dishonesty. Democrats need to show that they have some principles.

Yeah, who am I kidding?

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The President, Congress, and the Media are whipping up the American people into a National Hissy-Fit over AIG’s “bonuses”. Barney Frank wants their names, or he’ll subpoena AIG for them. Chucky-Cheese Schumer has promised to get the money back “one way or another.” The Media is running almost non-stop viewer statements of angry Americans who are apoplectic over these bonuses. I have never seen anything like it (more here). The closest was Congress and the Media beating up on the oil executives over “windfall profits” made at a time when gasoline cost over $4 per gallon.

It is obvious that Tim Geithner, Barney Frank, Chris Dodd, and the President knew about the pay structure of AIG. And these “bonuses” are a part of their pay structure. These are not some monetary version of the “cherry on top”, but are in fact an agreed upon portion of AIG’s payroll. Taxes will be paid on this money, well over a third, and probably half, of this money in fact will return to the Treasury (not the “American Taxpayer” – we will never see a dime). But, in the grand scheme of things – so what?

Congress agreed to bail out AIG. All they needed to do was suspend Mark-to-market accounting that drained AIG’s cash, but instead they handed the insurance giant a few huge checks. Congress did it without strings. Additional funding was provided for in the Stimulus Bill, and provisions included to exempt AIG (and other bailed-out corporations) from restrictions on meeting its payroll obligations. We fought and fought against this bill, however, it passed. Ironically, many – if not most, of the people who supported the Stimulus are now joining in this National Hissy-Fit.

Pardon me for a moment while I say…WE TOLD YOU SO!

Anyway, there is only ONE reason why the President and Congress began this Hissy-Fit. Class warfare. This was absolutely orchestrated and the Media, along with millions of Americans, fell for it hook…line…and sinker. Il Duce wants the average American to be beyond angry at bankers, Wall Street, and companies like AIG. He wants you to be angry at oil companies. He wants you to be jealous of Americans who earn more money than you.

He is playing you like a fiddle my friend.

Obama’s next step will be to subtly change his language to produce a distinction between those who work with their hands for a paycheck, and those who use intellect, or assets, to make a living. Bankers and Wall Street executives are a perfect target. The average American has no idea how the financial market works, nor can they comprehend the amount of money that flows through their hands. It does not matter how much these people work, or sacrificed to obtain their position. It does not matter how much education they have. It does not matter that these people are needed. It does not matter that they are our fellow citizens. To Il Duce, they are the enemy of the common worker, “the people”, and therefore, the State. The original Il Duce, Benito Mussolini, felt the same way and played the same game.

Socialism, and its evil twin Fascism, require that there is a distinction between workers and “the elite”. This distinction becomes a weapon to nationalize our financial institutions. It allows the criminalization of those who took risks with their assets, made loans, or created the widget everyone bought. With criminalization comes seizure of their “ill-gotten” assets to “return them to the American taxpayer.” When that happens, we will no longer be in a Representative Republic. Will will be in a Socialist State. Life in this country will be irrevocably altered, for the worse.

We need to wake up. WAKE UP! Stop giving in to these divisive hissy-fits. Call them what they are and fight to keep our country free. Please, don’t let me, as my last act of defiance before being arrested as a political dissident, type the words…”I TOLD YOU SO!”

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