Democrat - never having to say "I did"
From the Hartford Courant - another story of a leading Democrat at the center of the Fannie and Freddie fiasco. As we have seen with Barney Frank, Chris Dodd believes that he doesn't have to 'fess up.....morals be damned - this is politics! Bold emphasis mine.
Dodd Decides: No Story In Loan Deals
No Plans To Release Countrywide Documents
Kevin Rennie | October 19, 2008
Sen. Christopher Dodd sounded like Dr. Seuss without the depth last week. "It is what it is," declared Dodd, mistaking Hartford for Whoville, when he told The Courant's Rick Green that he had no plans to release documents from his $800,000 in sweetheart mortgages from subprime titan Countrywide Financial.
"There is nothing to the story and I'm just not going to keep on repeating it," pronounced Dodd, as he morphed into Yertle the Turtle. "'You hush up your mouth!' howled the mighty King Yertle. 'You've no right to talk to the world's highest turtle.'"
Dodd will serve the state green eggs and ham before he'll honor his pledges to release the documents from deals that will save him tens of thousands of dollars over the terms of the loans. Nonsensical answers, however, won't smother persistent, serious questions about Dodd's abuse of his office.
Dodd has answered almost no questions about the details of his 2003 mortgages. The senator cast an unflattering light on himself when he couldn't settle on a credible response in June to the simple question of whether he knew he was getting special mortgage deals as a "Friend of Angelo." That's the privileged category of borrowers that Countrywide co-founder Angelo Mozilo made sure received cut-rate loans with hefty traditional fees waived.
Dodd went from it's outrageous to think he would profit from his office, to he didn't know he got valuable special deals, to he thought everyone who refinanced with Countrywide got that kind of treatment. Those dizzying contradictions on the easy questions must have left Dodd cowering as he contemplated explaining documents that would show he knew what Countrywide was doing for him — each answer putting the lie to his past protestations.
That Countrywide employed lobbyists to influence Dodd and his colleagues while the lender lavished benefits on the senator may ensnare him in an ominous encounter with the Senate's ethics committee. It would be harder for that body to whitewash a violation if the insidious mortgage details are known to a suspicious public.
Go read the whole thing. Once again, we see people go to DC and come out fairly well off. I'd love to know of anyone that went in rich and came out poor....or even just even (or at least commisserate with their salaries - which they have voted to place themselves in the top 5% of income American income earners)....
