Posted on 07/11/2008 9:57:20 AM PDT by Graybeard58
Chris Dodd is trying desperately to change the subject, but it isn't working. After a year on the presidential campaign trail, he returned to his Senate duties this year only to find his approval rating had fallen to 51 percent. So he did something uncharacteristic: He made several appearance in the state so the soiled masses might get close, but not too close, to him again. Confident he was back in their good graces, he returned to the Capitol to close the sale of his office to subprime lenders.
After ignoring the mortgage meltdown for months, he filed legislation to transfer $300 billion of the industry's most irresponsible loans to taxpayers. Bank of America, a faithful contributor to his campaigns, new proprietor of Countrywide Financial and the bill's ghost writer, would be the chief beneficiary. About the time the bill was coming up for a vote, word got out that in 2003, Countrywide, arguably the worst subprime lender, gave Sen. Dodd and his wife two sweetheart mortgages that saved them $75,000.
When the Dodd-Countrywide scandal broke, Sen. Dodd denied he got special treatment, but later admitted got VIP loans because he was a Countrywide customer for a whole four years, not because he was a member of the Senate Banking Committee.
Well, the latest Quinnipiac poll says the folks back home aren't buying what he's selling. Despite his aggressive PR campaign, his approval rating is stuck at 51; his disapproval rating is up to 34 percent; and almost all of the 62 percent of respondents who've heard about the Countrywide scandal want it investigated further.
Last week, Harvard University economist Richard Parker penned his pointed thoughts on "Chris Dodd's VIP Treatment" for The Boston Globe: "Forty years ago, Dodd's father, the late Sen. Thomas Dodd, was censured for personal misappropriation of more than $100,000 in campaign contributions."
To be sure, the cases are similar, but Mr. Parker is unsure Chris Dodd will suffer his father's fate. "It's a busy election year, and voters and the press are focused on bigger issues. Congressional ethics committees will take a look-see, but won't likely issue any ruling before Election Day."
Those who rather have the committee's findings sooner are invited to write to the Senate Select Committee on Ethics, 220 Hart Building, Washington, D.C. 20510, or call (202) 224-2981 weekdays between 9 a.m. and 5 p.m. to remind the committee that Connecticut is watching. Intently.
Ping to a Republican-American Editorial.
If you want on or off this list, let me know.
It’s a non-issue. Democrat corruption doesn’t count, ya know...
Sen. Dodd is no different from many of his colleagues. Speak out of one side of the mouth and do something to enhance his own wallet or his own chances for re-election. We as Republicans should be mounting an aggressive campaign against him and forcing him to give back the $75,000 as well as grovel for having sinned. I don’t know if this is an election year for him or if we have a good candidate to oppose him, but I would like to see him tossed out as a sacrificial lamb like Sen. “Torch” Toricelli was tossed in 2004.
He should be tossed due to bad ethics and for making stupid excuses which the media have played along with. I’d rather have a Senator play footsie than to take bribes for being in an influential committee in the Senate.
It might be time for Dodd to jump to the national stage and join the Obama ship of state. He’d be a classic Gilligan to the Skipper.
$75,000??
It never ceases to amaze me how cheap you can buy a politician...
The sheeple will vote him back in. Be assured of that.
Dodd was only “a member” of the banking committee when he got the loan. Since the rat take over, he’s the chairman of that committee. Think of all the juice he can squeeze now. As a matter of fact that’s exactly what he did in his joke of a presidential campaign.
He’s just another powdered wig!
Posted on 06/14/2008 7:36:15 AM PDT by doug from upland
The scary part is that Dodd’s approval rating is 51%. That’s higher than the overall congressional approval rating, which, despite the latest loaded puff poll, has remained consistently in the high twentieth percentile fir the past two + years.
Politicians almost never have to suffer the consequences of their actions. If a private company had been taking the employee retirement contributions they are entrusted with and spent it, they would have been jailed decades ago.
Over all congressional approval ratings are in the single digits but individual ratings in their own districts are much higher. (Everbody’s congressman’s a bum, except for mine)
Even if Repubs have a candidate, Dems rarely get voted out of office for corruption. It is just expected and understood that Dems are corrupt.
Don’t worry. Dodd will be re-elected by his usual huge majorities when he runs again in 2010.
Prime candidate for BHO VP. Two peas in a pod.
That's right, because if it did, there wouldn't be a Democrat left in office anywhere by now.
Sounds like a whole host of Democrats are involved in real estate kickbacks and corruption. Perhaps Dodd uses the same realtor as Chuckie Rangel.
Dodd as veep would be a gift!
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