Unbelievable. Chris Dodd denies he had anything to do with the AIG bonus exemption, then he admits it and now he's back to denying it blaming the Obama administration. The corruption by the Democrats in the last 60 days has already exceeded that of the Republicans last 8 years.
The corruption by the Democrats in the last 60 days has already exceeded that of the Republicans last 8 years. ----------------------------------------------------- Do you have a reference for that. LMAO
Here is through the first 52 days: "Let me count them up, in no particular order. Some are big. Some are small. We all make mistakes. Hereâs his: 1. A do-over on the oath of office. 2. Tim Geithner. 3. Bill Richardson. 4. Tom Daschle. 5. Eric âNation of Cowardsâ Holder. 6. Leon Panetta. 7. Arne âCappuccinoâ Duncan. 8. Hilda Solis (OK, her husband has the tax liens). 9. Nancy Killefer. 10. Charles Freeman Jr. 11. Ron Kirk. 12. Adolfo Carrion. 13. Banning offshore oil again. 14. Letting Nancy Pelosi write the $787 billion âstimulusâ plan. 15. Relying on Tim Geithner to explain it. 16. It is a $13-a-week stimulus, or as his wife said of Bushâs plan: âYouâre getting $600. What can you do with that? Not to be ungrateful or anything. But maybe it pays down a bill, but it doesnât pay down every bill every month.â 17. Going to a press conference without a TelePrompTer. I⦠Uhh⦠Umm⦠Could you repeat the question? 18. Using a TelePrompTer at a press conference. Big boys donât need training wheels. 19. âGood evening, everybody. Please be seated. Before I take your questions tonight, Iâd like to speak briefly.â 1,228 words later he took his first question. 20. Going after Rush Limbaugh. 21. Going after Rick Santelli. 22. Going after Jim Cramer. 23. âNever waste a good crisis.â 24. Obama supporter Warren Buffett: âI donât think anybody on December 7th would have said a âwar is a terrible thing to waste, and therefore weâre going to try and ram through a whole bunch of things and â but we expect to â expect the other party to unite behind us on the â on the big problem.â Itâs just a mistake, I think.â 25. Writing a love letter to Vlad and Dmitry. 26. Putting Poland under the bus. 27. Putting Tibet under the bus. 28. Putting Israel under the bus. 29. Taking Cuba out from under the bus. 30. Having his tax cheat go after the tax cheats in Switzerland. Cognitive dissonance. 31. âKarzai has a bunker mentality.â 32. Iran has plans to Marine One helicopters. 33. âI won.â 34. BlackBerry singing in the middle of the night/ Take these golden secrets and learn to fly⦠35. Obama: âIf Congress passes our plan, this company will be able to rehire some of the folks who were just laid off.â CEO: No. There will be more layoffs. 36. DVDs to Gordon Brown. 37. âYou canât take a trip to Las Vegas or go down to the Super Bowl on the taxpayersâ dime.â Vegas convention bookings nosedive. 38. Wagyu. 39. Reset/overcharge button given to Russia. 40. Taking a 4-day holiday weekend before signing âemergencyâ legislation. 41. âI did think it might be useful to point out that it wasnât under me that we started buying a bunch of shares of banks. It wasnât on my watch. And it wasnât on my watch that we passed a massive new entitlement â the prescription drug plan â without a source of funding. And so I think itâs important just to note when you start hearing folks throw these words around that weâve actually been operating in a way that has been entirely consistent with free-market principles and that some of the same folks who are throwing the word âsocialistâ around canât say the same.â 42. Stiffing Chicago for nearly $2 million for that Election Night par-tay. 43. Caroline Kennedy. 44. Bombing Pakistan. 45. Sending the bust of Sir Winston Churchill back to the British. 46. Saying: âPresident Obama has accomplished more in 30 days than any president in modern history.â 47. A window is not a door. 48. Doctors must perform abortions. 49. Signing earmarks while denouncing them. 50. Adding signing statements while denouncing them. 51. Quadrupling the deficits, while denouncing them. 52. Missing the Gridiron Club dinner. But be of good cheer. He has 1,409 days left to make up for his stumbles out of the starting gate."
Sen. Dodd Admits Adding Bonus Provision to Stimulus Package Sen. Chris Dodd says Treasury forced him to add language to the stimulus bill last month that specifically excluded executive bonuses included in contracts signed before the bill's passage. http://www.foxnews.com/politics/fir...mits-adding-bonus-provision-stimulus-package/ Dodd Blames Obama Administration for Bonus Amendment http://www.bloomberg.com/apps/news?pid=washingtonstory&sid=aT_tMXRy2vDs
The AIG bonuses were an outrage. The upcoing FNM/FRE bonuses even more of one. Times have changed. The Compensation culture of Wall Street no longerr flies, particularly if taxpayers are funding it. Of course, these bonuses pale into insignificance when compared to the billions of taxpayer money being covertly funnelled to GS, foreign banks, well-connected US banks, hedge funds, etc. Some day the people may wake up and realize they have been robbed to the tune of trillions of dollars, and china will still expect them to pay off the bonds that funded it.
The pols have learned their lessons well. Remember the S&L bailouts? Nobody cared. So they upped the ante with a bigger bailout and added the distraction of these bonuses. Big deal. An eighth of a billion compared to the thousands of billions in bailouts. Tell ya what, how about I rob you for 10 large? Then I can say "Oh, hey about that bonus large fries I bought from McDonald's, here's $1.75 back to cover it." Are you happy now?
If it's all about perspective, then why were the Republicans taking the stimulus package apart on individual items of well under $1 million (many of which were valid, but that's beside the point)? I guess perspective comes down to a matter of convenience for you, eh? Do you think you could identify integrity in a line up?