When are the investigations of Barney Frank, and Chris Dodd gonna start?
We wouldn't need all this bail out if we had not sat back and watched the Dem House and Senate loan money to folks that couldn't pay, to the tune of (Get this) a "Trillion" bucks.
Here in Vegas we saw it first hand. There were at least 6 houses in a new development within a few blocks of me that were sold to illegal aliens and then they trashed the places when they finally left the homes.
Loans to folks that should not have happened in the first damn place.
Senator opens mouth inserts foot,for goodness sakes... He is a Criminal!!!
Sen. Christopher Dodd, chairman of the Senate Committee on Banking, Housing and Urban Affairs, suggested on CBS’ “Face the Nation” that Rick Wagoner, the chief executive of GM, “has to move on.”
Where does Dodd get the temerity to make such a proposition in light of his own incompetence and scandal? Dodd is in charge of the committee that could have kept us from entering the current credit crisis. He’s the same man who is in charge of regulating Fannie Mae and Freddie Mac, and is No. 1 on their list of donations.
When Congress approved $25 billion to bail out Fannie Mae and Freddie Mac, Dodd denied rumors these firms were in financial crisis. He called the firms “fundamentally strong,” said they were “in good shape” and to “suggest they are in major trouble is not accurate.”
Dodd also received preferential loans from Countrywide Mortgage Bank, and then said he wasn’t aware that he was getting a “special” deal. How is that possible?
The bottom line is that Dodd received special treatment from a company that he was in charge of regulating and to this day he has refused to release details of those transactions. If Dodd has done no wrong, then why not release the documents and dispel the accusations?
Just when you think you’ve seen the height of hypocrisy, leave it up to a politician to take it to the next level.