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What a sad ending for a 30 year career as Senator.  But, somehow, I don't think Senator Dodd will have much trouble finding 'greener fields as a 'lobbyist, consultant, or whatever new revolving door between government and Corporate Wall Street/Banking' interests have waiting for him.

After all, in the 'end' Dodd was a 'good soldier' for the Wizards of the Universe so it is not surprising that one of his final 'falling on this sword' will be what is going on now: Senator Chris Dodd, Chair of the Senate Banking Committee, is thinking about abandoning the proposed Consumer Financial Protection Agency.

But of course the CFPA is at the very heart and soul of the reform plan that would have created an independent agency to not only police banks but would haved cracked down on continuing fraud like the current practice of shark loan usury by credit card companies that are now at a disgraceful level and imposing new bank fees to gouge consumers.

I had a feeling that based on Dodd's implication in the AIG Bonus scandal (that has now turned in the AIG cover up through Treasurer Geithner and his posse) that as Dodd was 'leaving the building' we could expect one more knife through the back of the American Taxpayers:

And more importantly that Obama, Geithner and Summers all knew about the AIG retention bonuses long before February 28th as postulated by TIME above, and certainly before March 10th, as Geithner testified to Congress under oath earlier this week.  The news archives quoted by both authors demonstrate conclusively that President Obama, Geithner and Summers were aware in mid-Februrary of the upcoming AIG bonuses, and that they wanted to make sure those payouts were not threatened by Dodd's ammendment.

This is not surprising, as Geithner was the architect, along with Paulson, Bernanke and possibly Lloyd Blankfein, of the original AIG bailout, and so the claim that Geithner was unaware of the pending bonus payments would seem disingenuous on it's face. When the evidence from the February archives is added, disingenuous quickly morphs into lies.

Further adding to Obama's difficulties, this afternoon Senator Dodd himself confirmed to Wolf Blitzer of CNN that he modified his ammendment to the stimulus bill in order to protect previously agreed upon compensation contracts (read AIG bonus payments) only after repeated requests of un-named Treasury officials.  

http://dailybail.com/...

According to Dodd, he is now stating that the CFPA must require bi-partisan report, and that Richard Shelby is expected to apparently come up with 'his own' idea of a new CFPA plan, which by the way he is presently calling the orginial CFPA legislation 'a nanny state'.....

Dropping the bid for a standalone consumer-protection agency would strip out a central plank of the White House's proposal and could infuriate liberals and consumer groups who have championed the idea. It could also breathe life into an effort to get a compromise on new financial regulations, assuming liberal Democrats don't break ranks. Republicans led by Sen. Richard Shelby, minority leader on the Banking Committee, oppose the agency. Shelby scorns it as part of the nanny state. And the banking lobby is spending big bucks opposing it.

White House and Treasury Department officials have so far remained committed to creating a standalone agency. "There needs to be a new agency with new powers for whom this will be a primary mission," said White House National Economic Council Director Lawrence Summers.

Alternatives to the agency include a new division within the Treasury that would draft consumer rules, and a consumer-protection division run by a new federal bank regulator. The head of this division could be appointed by the White House, giving it more autonomy, people familiar with the matter said.

http://online.wsj.com/...

So Shelby is calling the CFPA a 'nanny state' while the Banking industry is paying him bookoo bucks to hold off on any decent regulation whatsoever on one hand, and on the other hand we've got Timothy Geithner (FOAMING AT THE MOUTH) and the Treasury Department that are 'busy drafting their own consumer rules that will have a consumer protection division run by a new federal bank regular.

Wow....well, Timmy, excuse me if I say that I don't trust you as far as I can spit after the AIG cover up, and your other endless list of failures to date in the past while you worked for the NY Federal Reserve and other smarmy organizations.....you may think that our memories are short, but I can assure you, mine is not:

  1. What happened to NY FED’s billions that went to his pal former Kissinger Associate Paul Bremer in Iraq under the control of the "Coalition Provisional Authority." that was kept in the NY FED Bank but recorded on books of Iraqi Central Bank. According to a report by Christian Aid in the UK, over $4 billion is missing. Money accounted for lined the pockets of Halliburton.
  1. What happened to the $4 Billion transferred in 2003-2004 once it left the NY FED ?
  1. How the US sent $12 Billion in cash to Iraq that vanished.
  1. Staggering FED’s Biggest transfer of cash in history laid bare by US congressional committees.

At end of Iraq war vast sums of money were made available to the US-led provisional authorities, headed by Paul Bremer, to spend on rebuilding the country and in eight months $8.8 Billion of it had disappeared (Ed Harriman reports).

http://www.guardian.co.uk/...

http://www.globalpolicy.org/...

http://www.talkingpointsmemo.com/...

I mean one week we hear from Robert Gibbs that Timothy Geithner had nothing what so ever to do with the AIG deal, and next week we hear Timothy Geithner saying that 'paying top dollar for all those shitting pieces of worthless paper' to his 'posse pal' was absolutely the correct thing to do.  

It is all so pathetic and the only thing that is transparent is the lying, cheating and continued 'payoffs to Wall Street and the Banks' to ensure above all, that the last people that will be protected from this group of criminals are the American people.

The Cris Dodd and Geithner AIG 'cover up' just gets worse day by day - running from the absolute unbelievable to what I call "WTF - You really think we are going to swallow that shit sandwich set of lies:

From Zero Hedge on Timmy Geither's Lie Pie:

Lie One:

He wasn't party to a decision to hide $62 billion dollar payouts to firms that became insolvent during his 5-year watch at the New York Fed?

Lie Two:

COUNT 2: He wasn't even a regulator!

In Geithner's own words during confirmation hearings in March:

"First of all, I've never been a regulator...I'm not a regulator."

According to the New York fed bank's website, that was your job!! And I quote from the Fed's website: "As part of our core mission, we supervise and regulate financial institutions in the Second District."  That district of course is the epicenter for bailed out banks and billion dollar bonuses.

Lie Three:

Count 3: "The Christmas Eve Taxpayer Massacre."

As you were wrapping those last presents, Geithner's Treasury Department lifted the 400-billion dollar cap on taxpayer responsibility for potential losses for Fannie Mae and Freddie Mac.

The new cap? Unlimited taxpayer funds! Interesting timing... Christmas eve, Tim?

Still no word on recovering the hundreds of millions paid to the CEOs who created this mess.

Lie Four:

Remember those call logs when he first started... 80 contacts with Goldman Sachs, JP Morgan, and CitiGroup CEOs in just 7 months!

But Bank of America's CEO only got three calls. Apparently Bank of America is not one of Geithner's favorites, especially when you consider that there are still many unanswered questions about Tim Geithner's role in threatening to fire Bank of America management if they didn't go through with a deal to buy Merrill lynch.

Lie 5:

TARP Special Investigator Neil Barofsky's report says Geithner's New York Fed overpaid the big banks through AIG by billions of dollars.

Geithner says it had to be done. Maybe so, maybe not, but this takes us to our final point.

Since then, the Treasury Secretary has yet to really prove whose side he's on -- the Wall Street big wigs or the American taxpayer? Here's the litmus test: Mr. Geithner, show us the past ten years of AIG emails or step down so that we can get somebody who will. A crime has been committed against the American taxpayer and right now you are standing at the door of the crime scene refusing to let anyone in.

Show us you're not involved Mr. Geithner, prove the white house correct in defending you. All we are asking for is the transparency promised by the President you serve.

http://www.zerohedge.com/...

Senator Shelby, Senator Dodd, Timothy Geithner, Larry Summers, ....it's no longer about party affiliation or giving a damn about what happens to our nation in the long run, it's more about power, money and greed and they are all laying in the same lice ridden bed, little men that have short sighted schemes to above all protect the shadow elite and the new Oligarchy no matter what the cost.

But after 30 years as a Democratic Senator, I have to say that as he is leaving the Senate and his stewardship of the Banking Financial Services committee, I had hoped he at least had the 'class' to leave with a bit of dignity.  I keep thinking of this video below now, whenever I think of him and this latest and final capitulation to the tearing the very heart out of the CFPA for the protection of Americans using Richard Shelby (of all people) as an excuse.  

What a sad ending, what a despicable move, and by the way Senator Dodd, good luck on your cushy new job as a Lobbyist or whatever it is that got you to throw in that final degradation of selling your soul off to the highest bidder.

BTW, good news:

Federal Reserve earned $45 billion in 2009

Only it's not exactly what you think that means, believe me...check it out....(hat tip to xaxado).  If I could just have that 'little magic trick' to just pull money out of my ass out of no where, life would be so 'Federally Reservery for Me'...I mean a really huge fucking bowl of cherries.  Magic magic magic.....

http://www.chrismartenson.com/...

I hope you'll excuse me if I don't get my cheer leading uniform and pom poms out for President Obama's 'morning rant' against Wall Street and the Banks.  That speech is indicative of not only too little too late, but all hat and no cattle.  If President Obama was the least bit serious about financial reform he would first: clean his own administration out and fire his entire economic team, also known as 'the Bush wrecking crew' and second replace said team with a group of credible economists such as Elizabeth Warren, Simon Johnson, William K. Black, Neil Barofsky and Brooksley E. Born....every single one of these people have stood up against Wall Street and the Banks for what is undoubtedly the biggest cover up of controlled fraud our nation has ever experienced.  

On the other hand, President Obama is all talk and no action...as the saying goes 'nice house, no body home.'  Too bad, you could'a been a 'contender too.'

Thanks.

Originally posted to Badabing on Sat Jan 16, 2010 at 02:38 PM PST.

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Comment Preferences

    •  Boo, hiss....If I had some virtual tomatoes - (13+ / 0-)

      I'd be throwing em at Dodd.
      Have all these guys sold their souls to the devil?
      I mean WTF?

      "It's not just the premiums - It's those high deductibles and out-of-pockets."

      by Cassandra77 on Sat Jan 16, 2010 at 03:28:30 PM PST

      [ Parent ]

    •  How can anyone recommend a diary that links (0+ / 0-)

      to a right-wing website like The Daily Bail?

      I'm going to re-post my comment that is at the end of the thread.

      I am amazed at just how consistently this diarist links to websites that are either right-wing in nature or are just flat out CT sites.  In this instance the first link is to The Daily Bail (I'd never heard of it before).  What's on the front page of The Daily Bail?  An article by Dorthy Rabinowitz that is viciously trashing Martha Coakley for a case that has nothing to do with bailout news.  If you do not know who Dorthy Rabinowitz is then you don't read the WSJ.  You'd be hard pressed to find a more extremist right-wing nutter than Rabinowitz.  The author of that website says he/she has "followed Dorothy's phenomenal work through the years."  WTF?

      If that isn't bad enough on the rest of their front page are articles trashing Chuck Schumer and Nancy Pelosi along with highlighting a poll that says a majority would not vote for Obama.  And to top it all off there is a paean to Scott Brown.  Again ... WTF?

      Need more?  In the article that the diarist links to from The Daily Bail, it is repeatedly accusing President Obama of being a liar.  Again ... WTF?

      How does this POS diary get recommended when it links to that type of right-wing crap?

      Has this diarist EVER written anything complimentary about a DEMOCRAT?  I don't think so.

      I'm sick of seeing Chris Dodd slimmed like this.  He was thrown under the bus by the Treasury Dept. on the AIG bonus amendment and his so-called sweetheart deal on his mortgage from Countrywide has been proven to be a BS claim.  Aside from those two non-stories, what exactly has Chris Dodd done to deserve this kind of vicious trashing that he gets in this diary?  If you look at Dodd's entire length of service in the House and Senate he has one of the better progressive voting records around.

      Hey, here's an idea.  How about we wait and see what exactly comes out of the Finance Committee BEFORE trashing Dodd about what MIGHT happen?

      Here's what WaPo has to say about the matter:

         One possibility raised during recent talks between Dodd's staff and Republican counterparts would be to assign new consumer protection powers to another agency. Such a compromise might offer an opportunity for Dodd to preserve the goal of expanding safeguards while appeasing Republicans who have chafed at any suggestion of a new agency.

      •  You didn't need to post 'it' twice Norm... (2+ / 0-)
        Recommended by:
        Words In Action, Johnny Q

        I got it...

        you think I'm some kind of CT Right Wing person...laugh.....get this...I come from a long long long line or Irish Catholic Democrats and I will always always be a loyal Democrat...

        Just because you 'say so' don't make it so.

        America is the only nation in history which miraculously has gone directly from barbarism to degeneration without the usual interval of civilization.

        by Badabing on Sat Jan 16, 2010 at 05:35:47 PM PST

        [ Parent ]

        •  Uh ... loyal Democrats (0+ / 0-)

          do not link to articles that accuse President Obama of being a liar, or websites that extol the virtues of Dorthy Rabinowitz.

          When is the last time you said anything positive about a Democrat?

          •  Right in this very recent diary: (1+ / 0-)
            Recommended by:
            RFK Lives

            Sen. Dorgan, Sanders & Merkley Democrats Voting NO on Bernanke Hotlist
            by Badabing [Subscribe] [Edit Diary]
            Mon Jan 11, 2010 at 10:41:51 AM PST

            That diary was about 2 Democrats and an Independent that we all should be very proud of right now at this time in our history.

            There are many other Democrats I also feel very proud of, but if you haven't noticed Norm, we are in a profound catastrophe that our government has led us into, and I can find (unfortunately) very little to say in support of their continued 'inaction' to make certain that this new Great Depression the Sequel doesn't end up turning our nation into a third world dump.

            Cast your aspersions, and then be sure and tell that to the 25 millions people who have lost their homes, jobs, security, pensions, retirements and lives, because 'no one gave a shit' to protect Americans from predatory greed and controlled fraud.

            America is the only nation in history which miraculously has gone directly from barbarism to degeneration without the usual interval of civilization.

            by Badabing on Sat Jan 16, 2010 at 08:52:41 PM PST

            [ Parent ]

      •  Yeah, I read that too, but you missed (4+ / 0-)

        where they talked about how all of those agencies had proven themselves to have been captured by industry and that the reason that a new and independent agency was considered necessary was the improbablility of their ever being trustworthy again. Dodd has been a reliable vote for Wall Street interests for a long time, and it is not a slam at the Democratic Party to point that out.

        A Republican is someone who can't enjoy his privileged position unless he is certain that somewhere, someone is in excruciating agony. I Love OCD

        by nippersdad on Sat Jan 16, 2010 at 08:11:11 PM PST

        [ Parent ]

  •  Senator Shelby also no doubt ... (19+ / 0-)

    ...thinks the SEC is part of the "nanny state." Not the SEC that let Bernie Madoff get away with years of Ponzi-ing but the one originally intended 77 years ago.

    Don't tell me what you believe. Tell me what you do and I will tell you what you believe.

    by Meteor Blades on Sat Jan 16, 2010 at 02:45:18 PM PST

  •  The consumer protection power is still there. (2+ / 0-)
    Recommended by:
    Norm DePlume, LynneK

    All this would mean is that it wouldn't be in a single agency.

    Plus, who's to say a single agency couldn't be weakened over time?

    This is no reason not to pass the financial reform bill.

    Educate yourself about budget reconciliation here

    by I said GOOD DAY sir on Sat Jan 16, 2010 at 02:47:15 PM PST

    •  The point is that the part that is now being (15+ / 0-)

      'compromised' on in order to get any financial reform is the heart and soul of the entire financial reform.

      It's basically like having a wonderful looking wolf (that is gutted and then taxidermed) and still trying to call it real reform.  Sorry for the analogy, but in this case it applies.

      I think if you read about what is being proposed to be taken out of the plan, and or 'turned over' to the Treasury Department (Geithner ...aka...I'm not a regular...I'm not a regulator) to actually 'regulate this new protection agency, then you can understand what is really going on is that the plan is being watered down to a meaningless 'written by the Lobbyist' type scenario, much like the Fake Health Insurance reform was written.

      Thanks..

      America is the only nation in history which miraculously has gone directly from barbarism to degeneration without the usual interval of civilization.

      by Badabing on Sat Jan 16, 2010 at 03:10:47 PM PST

      [ Parent ]

    •  Elizabeth Warren disagrees with you (9+ / 0-)

      and she's one of the few in DC I can still believe has our best interests at heart.

      •  How does Ms. Warren disagree please? (5+ / 0-)

        That the 'heart and soul' of the entire reform plan be not included?

        Please elaborate.  Thanks.

        B.

        America is the only nation in history which miraculously has gone directly from barbarism to degeneration without the usual interval of civilization.

        by Badabing on Sat Jan 16, 2010 at 03:17:50 PM PST

        [ Parent ]

        •  She disagrees with I said GOOD DAY sir's (12+ / 0-)

          argument--my comment was in response to his/hers--that the power is still there if it's not given to a single agency.

          She says we have decentralized, multiple agency regulation now.  The problem is that it sets up a competitive regulation bidding war between agencies that only benefits the banks, etc.  Since each agency's budget and power is determined by the amount of work they allegedly do, one agency will say "let us be your regulator and we won't regulate you very much," and the next will say "come with us and we won't regulate you at all," and the third will say, "we promise we'll pay you to let us look the other way."

          As stupid as it sounds, it certain has the ring of DC logic to it and I trust Elizabeth Warren much farther than pretty much anyone in DC these days.

          •  Well, this is what I was trying to point out: (11+ / 0-)

            The CFPA was a main component of new financial regulations the Obama administration proposed in June, aiming to rewrite policies that administration officials argued had fueled the financial crisis by failing to protect consumers. The CFPA became a symbol of the legislation, and many Democrats saw it as a way to sell the financial regulatory overhaul to voters.

            The CFPA proposal drew praise from Democrats, trade unions and consumer groups, but unleashed just as much opposition from many Republicans, business groups and banks.

            In December, the House of Representatives voted on its version of the financial-regulation bill. The legislation included the creation of an independent CFPA, but its powers were watered down from the original White House proposal. It would primarily examine only the country's largest banks, but would be able to write rules that applied to any company offering financial products.

            In addition to Republican opposition, several Democrats on Mr. Dodd's panel including Sens. Tim Johnson of South Dakota and Mark Warner of Virginia, have raised concerns about the way a CFPA would be constructed, warning about the potential it could either overburden small banks or pare access to credit.

            The banking industry has spent months lobbying aggressively to defeat the creation of the CFPA.

            "One of our principal objections all along is that you would have a terrible conflict on an ongoing basis between a separate consumer regulator and the safety and soundness regulator, with the bank constantly caught in the middle," said Ed Yingling, chief executive of the American Bankers Association trade group.

            Consumer groups have lobbied hard for a federal agency whose only job is protecting consumers. "We need an independent regulator because the existing regulators have shown themselves to be incapable and unwilling of protecting consumers from abusive financial products," said Travis Plunkett, legislative director of the Consumer Federation of America.

            http://online.wsj.com/...

            America is the only nation in history which miraculously has gone directly from barbarism to degeneration without the usual interval of civilization.

            by Badabing on Sat Jan 16, 2010 at 03:31:47 PM PST

            [ Parent ]

    •  Yes, that is a possible outcome (1+ / 0-)
      Recommended by:
      bigchin

      WaPo:

      One possibility raised during recent talks between Dodd's staff and Republican counterparts would be to assign new consumer protection powers to another agency. Such a compromise might offer an opportunity for Dodd to preserve the goal of expanding safeguards while appeasing Republicans who have chafed at any suggestion of a new agency.

      Didn't we learn in the HCR debate that given how absurd the Senate rules are that you can't just ram through legislation in the Senate despite having a majority that includes some DINOs?

      •  no what we learned is not that you can't (4+ / 0-)
        Recommended by:
        bigchin, Badabing, nippersdad, Losty

        but that Democrats WON'T!  They could have used reconciliaiton to get a more prgoressive HCR bill, but they wouldn't.  It was not that they couldn;t.  The GOP did to get Bush's tax cuts.

        The irony is if Coakley loses they will have to use reconciliation just for Obama to avoid a complete political catastrophe.  If they had just done what they might well end up having to do anyway from the beginning they  could have passed a much more progressive HCR bill.  They didn't because getting the most progressive HCR bill possible (with solid majority in house and 60 Dem senators) was never the priority for Obama or Senate Democrats that tax cuts were to the GOP in 2001.

        And that is not only shameful, it tells you all need to know about our corporatist Democrats.

  •  Does it appear to anyone else that Tim Geithner (16+ / 0-)

    lied to Congress?  I think that is a little more important than Dodd...he's leaving.  

    "When fascism comes to America, it'll be wrapped in a flag and carrying a cross." Sinclair Lewis

    by lakehillsliberal on Sat Jan 16, 2010 at 02:53:55 PM PST

  •  um (7+ / 0-)

    it says dodd did this at the behest of treasury officials? as in dodd himself probably didn't want to, but he's carrying the water for someone else? perhaps your anger should be focused at the someone else.

    The cold passion for truth hunts in no pack. -Robinson Jeffers

    by Laurence Lewis on Sat Jan 16, 2010 at 02:55:51 PM PST

      •  Nah. (4+ / 0-)

        Let's pin this one on Scott Brown.

      •  I might be wrong but it does seem that Obama (1+ / 0-)
        Recommended by:
        Norm DePlume

        is the focus of many of these Geithner diaries. The Huffington Post does this alot. They really want Obama to step down, but they go after Geithner, I guess it is not yet popular to go after the President. But I'm sure if Arianna felt he was week enough she would be asking for him to step down. This is just my two cents. For the record, I think the President is doing a great job saving an economy that had almost collapsed. I give him and his team, including the much, ostensibly, hated Geithner.

          •  Um Ned (6+ / 0-)

            I think Arianna and many others are not at all interested in Pres Obama Stepping down but instead wish he would STEP UP.

            To Date his administation has done more to help Ws base than his own.

            http://dumpjoe.com/

            by ctkeith on Sat Jan 16, 2010 at 04:25:34 PM PST

            [ Parent ]

            •  I disagree. Here is the reason. Most of the (1+ / 0-)
              Recommended by:
              Norm DePlume

              headline articles on the Huffington Post is a negative Obama article. Yet, what does she do? She calls for Geithner or Rahm to step down. Now it's just not logical, since Obama is calling the shots. The President inherited an economy that was wrecked. He has worked harder than any other President in recent history. Yet it's constant Obama fail over there. Only she is not confident enough to say he should step down, because, really, the majority of Democrats would stop visiting her site.

              •  I thinkm the results of Rahm being COS (5+ / 0-)

                and Geitner at Treasury are very good reasons to call for their resignation.

                Pres Obama has reelect #s only in the high 30s after only a year.He's lost the Independents and even the Democratic Base is finding it impossible to defend the stupidity coming out of DC.

                The Banksters CEOs are laughing at Obama and don't even show up when "invited" to the whitehouse.It's time for some change at the top of the POTUS staff and at treasury.

                http://dumpjoe.com/

                by ctkeith on Sat Jan 16, 2010 at 05:00:18 PM PST

                [ Parent ]

        •  yeah (4+ / 0-)
          Recommended by:
          0wn, Badabing, dreamghost, Johnny Q

          that 17.3% u-6 rate is just peachy.

          The cold passion for truth hunts in no pack. -Robinson Jeffers

          by Laurence Lewis on Sat Jan 16, 2010 at 04:13:55 PM PST

          [ Parent ]

          •  Compared to where we were a year ago. Good job (1+ / 0-)
            Recommended by:
            Norm DePlume

            Mr. President. And I meant to say I give the President and his team a lot of credit.

            •  Yeah, let's cheer on the 'arsonist' Bernanke (6+ / 0-)

              et.,al, for burning down the house, and the saving the 'foundation' and then turning around and collecting all the 'fire insurance' from the rest of us....

              that worked out well for all Wall Street/Bankers and Federal Reserve didn't it?

              that is if you continue to actually believe: that this was just the perfect storm 'accident' that the regulators were not actually just looking the other way, and that no one was warned about a bazillion times that we were heading off the cliff.

              America is the only nation in history which miraculously has gone directly from barbarism to degeneration without the usual interval of civilization.

              by Badabing on Sat Jan 16, 2010 at 04:21:23 PM PST

              [ Parent ]

              •  I'm not cheering anyone but this Prez. Geithner (0+ / 0-)

                was hired by the President, and the team did avert a second great depression. No body believes Geithner is working without the President's approval. It's just strange to keep going after Geithner when they are serving at the pleasure of the President.

                •  I think it is a little early to say that anything (2+ / 0-)
                  Recommended by:
                  Badabing, Words In Action

                  has actually been averted. Trillions have been pumped into supporting the financial infrastructure, but no actual repairs have been made to it which would prevent the same thing from happening again. The only difference between the debacle we presently see and the one on the horizon is that we are now hobbled by the debts piled up to hide the cracks in the foundation.

                  No body believes Geithner is working without the President's approval.

                  And that is precisely why his credibility is waning right now.

                  A Republican is someone who can't enjoy his privileged position unless he is certain that somewhere, someone is in excruciating agony. I Love OCD

                  by nippersdad on Sat Jan 16, 2010 at 08:23:17 PM PST

                  [ Parent ]

                  •  His credibility is not waning for a majority of (0+ / 0-)

                    Dems, like myself, where this President is still very popular. I think it is still quite early to write this President's epithet. Not saying this is what you are trying to do. I mean in general. The healthcare struggle has used up a lot of his political capital but most people believe it would. I think I've extended my comment much further than I wanted, but my point in all of this is just to say that I think the people who are ranting about Geithner everyday should just admit that it's the President they want to step down instead of keep harping on Geithner, they know they would love to, but it would be just too silly and they would lose credibility :)  

                    •  Popularity for the man does not equal (1+ / 0-)
                      Recommended by:
                      Badabing

                      popularity for the policy, does it? A lot of those who are now ranting about Geithner were talking about the evils of Rubinites when they were appointed in the first place, and, further, predicted exactly what they would do with their appointments. They were bitching then in an effort to avoid what we are seeing now.

                      That struck me then as constructive criticism, not wanting to tear down the President, and still does. The tearing down of the President will come if he continues to ignore the wisdom of those who seek to give him counsel for his own good, at which time he will deserve all of the criticism he gets. He has been at that tipping point for some time now. No one should be rewarded for obstinacy and stupidity, least of all the President of the United States.

                      A Republican is someone who can't enjoy his privileged position unless he is certain that somewhere, someone is in excruciating agony. I Love OCD

                      by nippersdad on Sat Jan 16, 2010 at 08:58:31 PM PST

                      [ Parent ]

                    •  Another (0+ / 0-)

                      epic FAIL.

                      where this President is still very popular

                      Yes, in the land where Nothing Bad Will Happen As Long as You Listen to What Your Teevee Tells You To, maybe...

                      Necessity is the mother of revolution...

                      by o the umanity on Tue Jan 19, 2010 at 03:58:20 AM PST

                      [ Parent ]

            •  I think we could have done alot better for the (4+ / 0-)

              30 TRILLION + myself but your welcome to your opinion.

              http://dumpjoe.com/

              by ctkeith on Sat Jan 16, 2010 at 04:28:26 PM PST

              [ Parent ]

        •  I don't think that is the case at all... (5+ / 0-)

          Obama to step down, but they go after Geithner,

          I think they want exactly what the rest of America wants:

          A President that will lead by specific actions, instead of 'token' speeches to halt the corruption and hold those accountable so that credibility and trust can once again be connected between government and it's people.

          25 million out of work, millions have and are still losing their homes and the equity in their homes, millions are being charged 'usury' by credit card companies, and Wall St. is walking away with the highest bonus rates in history....

          We have had a national catastrophe because of what has happened, and guess what?  The CEO of Goldman Sachs (Lloyd Blankfein) stood up in front of the Angelides Commission and arrogantly said:

          That if the Banks/Investment houses fail again: We THE TAXPAYERS WILL HAVE TO BAIL THEM OUT AGAIN.

          So what is wrong with this picture?  We're being held hostage, and millions of people are wondering what the hell happened and why are these 'mafia cabal loan sharks' getting away with economic terrorism.  It stinks !!!!!

          America is the only nation in history which miraculously has gone directly from barbarism to degeneration without the usual interval of civilization.

          by Badabing on Sat Jan 16, 2010 at 04:29:06 PM PST

          [ Parent ]

    •  But that is the same old good cop bad cop talk (12+ / 0-)

      Turkana....Dodd says that he agreed to change the AIG bonuses based on 'pressure from Geithner, Obama and Summers) and then got caught in a lie.

      The same thing is now going on with the Treasury/Dodd and Shelby...

      Its just a shell game.  They are all working on the same team (to put the kibosh on real reform) and pretending that they all represent different sides.

      Don't ya get it?

      America is the only nation in history which miraculously has gone directly from barbarism to degeneration without the usual interval of civilization.

      by Badabing on Sat Jan 16, 2010 at 03:13:55 PM PST

      [ Parent ]

    •  Even if so.... (8+ / 0-)
      it says dodd did this at the behest of treasury officials? as in dodd himself probably didn't want to, but he's carrying the water for someone else?

      What was to stop Dodd from saying "HELL, NO?"  

      These "treasury officials" may have wanted it, and if so shame on them.  A light should be shined on that, too.   But it doesn't get Dodd off the hook for this shameless exit move.  "At the behest of" is not legally binding, and we've been hearing for many months now how totally independent the Senate is when it comes to the HCR bill.

      Fox "News" = Republican PRAVDA.

      by chumley on Sat Jan 16, 2010 at 04:02:27 PM PST

      [ Parent ]

    •  yeah (1+ / 0-)
      Recommended by:
      Badabing

      it isn't as if dodd has any debt to the financial big wigs or anything ... except for his mortgages ... and houses ... and loans ... and campaign funds ... and irish cottages... and

  •  Did he have 60 votes? (2+ / 0-)
    Recommended by:
    Badabing, LynneK

    If not you have to compromise to get it.  

    Politics is like playing Asteroids - You go far enough to the left and you end up on the right. Or vice-versa.

    by Jonze on Sat Jan 16, 2010 at 03:02:07 PM PST

  •  Well...many people get excited when Obama (11+ / 0-)

    speaks.

    I get excited when Mr. President ACTS.

    I know, I am a wierdo!

    Good catch!

    ~They could at least legalize Prostitution for the rest of us, not fair that only our Congress folks get to be whores~

    by CWalter on Sat Jan 16, 2010 at 03:21:25 PM PST

  •  I never, ever, ever (8+ / 0-)

    trusted Dodd.  I can't even say why, but he just seemed smarmy to me.  I'd like to say I'm shocked, but after health care, nothing surprises me anymore...

    -7.62, -7.28 "Hold fast to dreams, for if dreams die, life is a broken winged bird that cannot fly." -Langston Hughes

    by luckylizard on Sat Jan 16, 2010 at 03:28:33 PM PST

  •  For a while there Dodd seemed like one of the (4+ / 0-)

    good guys, at least surrounding the FISA debacle.

    I guess that was an exception and since then he's just returned to form.

    ---
    I voted for Nader in 2000. That's how I know progressive purity tests don't work.

    by VelvetElvis on Sat Jan 16, 2010 at 03:44:45 PM PST

    •  Let me show you the stark difference between (10+ / 0-)

      two Democratic Senators that are leaving....first note what this diary says about Dodd, with his ties to the AIG scandal bonuses, and now his willingness to 'play ball' with Shelby (of all people) to gut the heart of this reform...

      Now note Senator Dorgan (who is leaving the Senate)

      Senator Dorgan:

         Well, this is going to be one of the big issues right at the start of this session, is financial reform. And Wall Street’s right back in the same old swamp, doing the same things. And with respect to the Federal Reserve Board, you know for the first time in history they said to the big investment banks, you can come and get direct lending from the Federal Reserve Board.

         We’re trying to find out from the Fed, who’d you give the money to, how much money did you give? My point is, what did you do with our money? And the Federal Reserve Board says "none of your business."

         Well, I tell you what, it is our business, and I’m not going to let the Bernanke nomination to head the Fed for another term go through until he tells, what did he do with our money, the American people’s money? So we’ve got a lot of things to work on here, and as I’ve said before, if you’re too big to fail, you’re too big, in my judgment. Because that’s no-fault capitalism, and we shouldn’t continue with it.

      In addition Dorgan is prepared to continue the fight to allow Americans to obtain their drugs outside of the United States, and will be fighting that battle in months to come.

      That is the difference between Dorgan and Dodd..you see?

      America is the only nation in history which miraculously has gone directly from barbarism to degeneration without the usual interval of civilization.

      by Badabing on Sat Jan 16, 2010 at 03:53:31 PM PST

      [ Parent ]

  •  just wondering (6+ / 0-)

    previously agreed upon compensation contracts

    why their contracts are so sacrosanct and ironclad.

    Let the great world spin for ever down the ringing grooves of change. - Tennyson

    by bumblebums on Sat Jan 16, 2010 at 03:46:17 PM PST

    •  Because they are very important, (1+ / 0-)
      Recommended by:
      Badabing

      serious people, and we are not. We just vote for them, but they sign the paychecks after their internships in Congress.

      A Republican is someone who can't enjoy his privileged position unless he is certain that somewhere, someone is in excruciating agony. I Love OCD

      by nippersdad on Sat Jan 16, 2010 at 08:29:06 PM PST

      [ Parent ]

  •  To correct this statement: (4+ / 0-)
    Recommended by:
    Badabing, nippersdad, Losty, Johnny Q

    Dropping the bid for a standalone consumer-protection agency would strip out a central plank of the White House's proposal and could infuriate liberals and consumer groups who have championed the idea.

    It should have been written this way:

    Dropping the bid for a standalone consumer-protection agency would strip out a central plank of the White House's proposal and would infuriate liberals and consumer groups who have championed the idea.

    "Any plan I sign must include an insurance exchange...including a public option." President Obama, 7-18-09

    by gooderservice on Sat Jan 16, 2010 at 03:51:58 PM PST

  •  In defense of the good Senator, not Goldman (2+ / 0-)
    Recommended by:
    CWalter, Quicksilver2723

    The situation with AIG was really a little more complex than just giving bad guys big piles of our money.

    AIG was laid waste by a group of traders in London.  Senior management didn't supervise them, and needed to go.  But there was a serious mess left behind.  AIG had plenty of employees (many in the US) that were totally uninvolved in the CDS deals that took them down, but who understood how to work on it.  So there was a reason to retain them.  Guilt by association is really not a good thing; simply working for AIG does not make you a crook.

    Some of those employees had deferred-compensation contracts.  These looked like bonuses but were based on previous years' work.  So Dodd let them get paid.  Yeah, it was bigger money than most of us will ever see, but it was the paycheck they had bargained for and actually earned, under the contract.  

    What really sucks weenie is how Goldman Sachs got bailed out.  The CDSs that AIG sold were largely to Goldman Sachs.  There was no way that AIG could have paid them off, and Goldman knew this.  It was like placing a bet for a million bucks with the guy who pumps gas.  He'll take your grand for a 1000:1 bet, and even if you have inside knowledge that the correct odds are 1:1, you should know that he can't pay the million.  The US Treasury supposedly bailed out AIG, but they really just paid off the bets to Goldman.  They are the ones whose bonuses, being paid now, are totally undeserved.  Their record profits would have been a loss were it not for the 100 cents on the dollar federal payoff on those insane bets.

    •  We can agree to disagree on this one KS... (2+ / 0-)
      Recommended by:
      Quicksilver2723, Losty

      but that still does not answer part two of the diary concerning Dodd's sudden capitulation on 'gutting' the heart of this banking reform out, as he is 'leaving the building'.....

      Thanks....

      More on Timmy and AIG:

      America is the only nation in history which miraculously has gone directly from barbarism to degeneration without the usual interval of civilization.

      by Badabing on Sat Jan 16, 2010 at 04:41:25 PM PST

      [ Parent ]

  •  Interesting diary. I have a diff take on the (1+ / 0-)
    Recommended by:
    Badabing

    President after today's address. Shades of the campaign, instead of talking Haiti he surprised us all with the Bank Tax idea.

    Look. He gave it a year. He allowed a comfortable transition for the powers that be during the eco crisis.

    Now its almost start of year two. As many here have said, it was just the first year.....

    With today's address, I am choosing to believe he is taking the gloves off.  Let the CHANGE begin, BY GAWD!

    --------------

    In re  the retiring Senator, Mr. Dodd, and his discussion of bipartisanship:

    Bi-Partisan My Ass  


    Bi-Partisanship My Ass  
    http://media.photobucket.com/...

    www.yesweSTILLcan.org

    by divineorder on Sat Jan 16, 2010 at 04:17:59 PM PST

  •  Dodd can redeam himself by Regulating OTC (3+ / 0-)
    Recommended by:
    0wn, Badabing, nippersdad

    derivatives as part of the Financial Reform bill in the Congress.

    Tim Geithner would squeal about regulating O.T.C. derivitives on behalf of his masters on Wall Street, but fuck Tim Geithner.

    "These old Wall Street boys are putting up an awful fight to keep the government from putting a cop on their corner." - Will Rogers

    by Lefty Coaster on Sat Jan 16, 2010 at 04:38:25 PM PST

  •  The Daily Bail? Gimme A Break (0+ / 0-)

    I am amazed at just how consistently this diarist links to websites that are either right-wing in nature or are just flat out CT sites.  In this instance the first link is to The Daily Bail (I'd never heard of it before).  What's on the front page of The Daily Bail?  An article by Dorthy Rabinowitz that is viciously trashing Martha Coakley for a case that has nothing to do with bailout news.  If you do not know who Dorthy Rabinowitz is then you don't read the WSJ.  You'd be hard pressed to find a more extremist right-wing nutter than Rabinowitz.  The author of that website says he/she has "followed Dorothy's phenomenal work through the years."  WTF?

    If that isn't bad enough on the rest of their front page are articles trashing Chuck Schumer and Nancy Pelosi along with highlighting a poll that says a majority would not vote for Obama.  And to top it all off there is a paean to Scott Brown.  Again ... WTF?

    Need more?  In the article that the diarist links to from The Daily Bail, it is repeatedly accusing President Obama of being a liar.  Again ... WTF?

    How does this POS diary get recommended when it links to that type of right-wing crap?

    Has this diarist EVER written anything complimentary about a DEMOCRAT?  I don't think so.

    I'm sick of seeing Chris Dodd slimmed like this.  He was thrown under the bus by the Treasury Dept. on the AIG bonus amendment and his so-called sweetheart deal on his mortgage from Countrywide has been proven to be a BS claim.  Aside from those two non-stories, what exactly has Chris Dodd done to deserve this kind of vicious trashing that he gets in this diary?  If you look at Dodd's entire length of service in the House and Senate he has one of the better progressive voting records around.

    Hey, here's an idea.  How about we wait and see what exactly comes out of the Finance Committee BEFORE trashing Dodd about what MIGHT happen?

    Here's what WaPo has to say about the matter:

    One possibility raised during recent talks between Dodd's staff and Republican counterparts would be to assign new consumer protection powers to another agency. Such a compromise might offer an opportunity for Dodd to preserve the goal of expanding safeguards while appeasing Republicans who have chafed at any suggestion of a new agency.

    •  And the favorable mortages? (5+ / 0-)
      Recommended by:
      0wn, Badabing, Quicksilver2723, Losty, Johnny Q

      and his prior support for banking deregulation?

      He has always worked for the banks and financiers.  I don;t need the WSJ or anyone else to explain that, it has long been obvious.

      •  Some examples please (0+ / 0-)

        of how Dodd has "always worked for the banks and financiers."  Or is that just your perception because it fits the narrative?

        Do you give Dodd any credit for his support for labor unions, civil rights, reproductive rights, etc. ... or his he just absolute trash now that you've branded him a lackey of Wall Street without any evidence to back it up.

        •  Oh, ok, here's just one: (1+ / 0-)
          Recommended by:
          Johnny Q

          Countrywide Financial Corp.'s "friends of Angelo" program provided sweetheart loans to key banking players in Washington, D.C. They included former Fannie Mae chief executive Jim Johnson, Senate Budget Committee Chairman Kent Conrad (D., N.D.) and Senate Banking Committee Chairman Christopher Dodd (D., Conn.).

          The growing scandal surrounding the "friends of Angelo" loans (so-called by company employees, referring to Countrywide CEO Angelo Mozilo) should serve as a political wake-up call. Yet the Senate appears intent on pushing forward legislation, co-authored by Sen. Dodd, that would bail out the worst actors in the subprime mortgage banking industry.

          Campaigning in Lancaster, Pa., on March 31, Sen. Barack Obama blamed Countrywide's CEO for "infecting the economy and helping to create a home foreclosure crisis." Yet Rep. Barney Frank (D., Mass.) and Mr. Dodd have crafted a bill to provide $300 billion in new taxpayer loan guarantees to Countrywide and others. The bill will allow troubled financial institutions to foist the riskiest mortgages in their portfolios onto the Federal Housing Administration (FHA) -- ultimately putting the American taxpayer on the hook for their bad bets.

          Right now, nearly a third of Countrywide's mortgage portfolio is composed of an especially chancy loan called a "payment-option ARM." Also known as negative-amortization loans, payment-option ARMs allow borrowers to pay less than the interest owed each month, with the shortfall added to the principal balance. At set intervals the loans are recalculated, or recast, to be fully amortizing. The new payments -- based on current interest rates and a higher balance -- rise dramatically.

          Hundreds of thousands of payment-option ARMs are scheduled to recast next spring, which everyone expects to cause a wave of delinquencies. The Dodd-Frank plan would allow Countrywide and others to cherry-pick their worst loans and roll them over to the FHA. The bill has been advanced in the name of homeowners, but it's all too clear who is being rescued.

          http://online.wsj.com/...

          Is the Wall Street Journal a little bit too CT for you Norm?

          You know, just because our own party members are involved in 'questionable practices' does not mean I do not support my party....if it is the same for Republicans, then it should be the same for our own party.

          America is the only nation in history which miraculously has gone directly from barbarism to degeneration without the usual interval of civilization.

          by Badabing on Sat Jan 16, 2010 at 05:24:05 PM PST

          [ Parent ]

          •  Thanks for those right-wing talking points (0+ / 0-)

            Is the Wall Street Journal a little bit too CT for you Norm?

            Since when has the WSJ ever treated Dems fairly?

            It doesn't surprise me that you want to recycle the BS Countrywide story about Dodd since that fits into your round the clock slimming of Democrats but maybe you should look at something other than the WSJ.  Try David Fiderer.

            Senator Dodd's Accusers: Lying Liars and the Reporters Who Enable Them

            There's definitive, ironclad proof that Senator Dodd's accuser has been lying from the start. The entire Countrywide VIP loan scandal is predicated on the flimsy recollections of this liar, named Robert Feinberg. Luckily for Feinberg and some Republican hit men, some less-than-professional reporters like Larry Margasak 
of the Associated Press are more than willing to embellish Feinberg's story.

            More than a year ago, Feinberg, a loan processor laid off from Countrywide Financial, stole some confidential loan documents on mortgages extended to 17 Democrats, and persuaded Conde Nast Portfolio that he had evidence of a big scandal. His documents never demonstrated much of anything. The "sweetheart deals" or "VIP treatment" were mostly nickel and dime stuff, waivers of "garbage fees" that are only paid by suckers. Nothing in the paperwork suggested that anyone was paying a below-market interest rate on his loan.

            the rest of the story at: http://www.huffingtonpost.com/...

            •  wow - even before i got to your post, i was also (0+ / 0-)

              thinking WOW! right wing TALKING points!!!

              methinks we have been invaded!

              we are the future. no one else. WE are the ones who make change happen in every little detail we do. make it count. we only get one go-round.

              by edrie on Sat Jan 16, 2010 at 08:06:09 PM PST

              [ Parent ]

            •  Prior to its' purchase by Murdoch, (1+ / 0-)
              Recommended by:
              Badabing

              there was a huge difference between the editorial and the news sections of the paper. Their news gathering abilities were widely praised until very recently.

              A Republican is someone who can't enjoy his privileged position unless he is certain that somewhere, someone is in excruciating agony. I Love OCD

              by nippersdad on Sat Jan 16, 2010 at 08:36:42 PM PST

              [ Parent ]

        •  Here's a couple (2+ / 0-)
          Recommended by:
          Badabing, nippersdad

          "Dodd also played a crucial role in the 1999 passage of the deregulatory Gramm-Leach-Bliley Act, which dismantled key provisions of the Depression-era Glass-Steagall Act, breaking down barriers among commercial banks, investment banks, and insurance companies. In fact, according to Ed Yingling, head of the American Bankers Association, Dodd was the bill's unsung hero. "It was about to die," says Yingling, "because [former Republican senator] Phil Gramm, on a side issue, was just hardballing it. There were seven or eight of us who were chief lobbyists for the industries. What we were saying was, 'We're running out of time. If we can get Chris Dodd in the room, we can work it out.'" They got Dodd, and Dodd got it done, but Dodd doesn't like to talk about it anymore. Not when he's trying to rebuild vital parts of the same regulatory framework he helped knock down.
          |
          |
          His reputation, says Sarah Binder, a senior fellow at the Brookings Institution who studies Congress, is that he has "listened very carefully to the views of both Greenwich, Conn., where the hedge funds are located, and the insurance industry in Hartford." Which maybe isn't surprising, given that nearly a third of the $43 million Dodd has raised for his campaigns over the past 20 years came from the finance, insurance, and real estate sector, according to OpenSource.org."

          http://money.cnn.com/...

          Also, check out:

          http://www.reuters.com/...

          •  GLB (0+ / 0-)

            GLB passed the Senate 90-8.  Patrick Leahy and Teddy Kennedy voted yes on GLB.  Do you want to trash them as well?

            •  Neither wer eon the Banking Committee (2+ / 0-)
              Recommended by:
              Badabing, nippersdad

              much less second most senior Democrat who has served on Banking since he got elected.  This is Dodd's area of "expertise."

              •  Weak (0+ / 0-)

                38 Dems voted yes on GLB; 6 voted no.  But you're able to single out Dodd to the exclusion of others.  Your logic is malleable in the extreme.

                •  norm, you're wasting your energy (1+ / 0-)
                  Recommended by:
                  Norm DePlume

                  and feeding theirs.

                  simple answer is in ring 8, bolge 9 - sowers of discord. dante's inferno.

                  this is a sh*tstirrer diary - and the more baiting, the more we accomodate.  i say, move on to a different outhouse that isn't so full of it.

                  good on ya for trying - i almost got suckered in but i'd rather go do something more productive - like walk m'dog!  at least with him, i don't mind the source of the substance left behind.

                  we are the future. no one else. WE are the ones who make change happen in every little detail we do. make it count. we only get one go-round.

                  by edrie on Sat Jan 16, 2010 at 08:11:47 PM PST

                  [ Parent ]

            •  So you are sayinjg that the Democratic Party (1+ / 0-)
              Recommended by:
              Badabing

              should get a pass on passage of banking deregulation? I would say that anyone who voted for those Bills are in need of additional scrutiny, not a pass just because everyone else was doing it.

              A Republican is someone who can't enjoy his privileged position unless he is certain that somewhere, someone is in excruciating agony. I Love OCD

              by nippersdad on Sat Jan 16, 2010 at 08:40:45 PM PST

              [ Parent ]

    •  LOL...nice try again Norm...... (2+ / 0-)
      Recommended by:
      Words In Action, Johnny Q

      you really have to stop trolling for Wall Street, its becoming a little too transparent....

      Yeah, Dodd has actually got 'caught' with his hands in the cookie jar, not just once, but several times...

      Carry on my friend...

      America is the only nation in history which miraculously has gone directly from barbarism to degeneration without the usual interval of civilization.

      by Badabing on Sat Jan 16, 2010 at 05:19:12 PM PST

      [ Parent ]

      •  I'm defending Chis Dodd from your smears (0+ / 0-)

        Doesn't surprise me that you resort to dissembling right off the bat.  

        Unlike you I don't get my jollies by running Democrats through the mud by linking to right-wing websites.

        •  Dodd's supported progressive social issues (2+ / 0-)
          Recommended by:
          Badabing, Words In Action

          all the while carrying water for Wall St, insurance companies and banks.  

        •  thanks, norm - i agree with you here. (1+ / 0-)
          Recommended by:
          Norm DePlume

          badabing is full of badabull!  this hit piece is, in my humble opinion, another attack on dems and progressives.

          we are under siege here from a number of people who use this forum to attack and trash democrats who have fought for years to try to stop the very abuses of which they are now accused.

          i'm getting sick of this type of trash diary - not verified, not accurate and definitely NOT what this site was founded to put forward.

          i've gone back and reviewed badabing's diaries - she has very little positive to offer on ANY democrat and with a title like "nancy pelosi: new and improved monica lewinsky" - how does any diarist expect to be taken seriously when opinion after opinion accuses, slams, trashes, slams, slams and slams obama, dems, pecora commission and phil angelides and more.

          without offering ANY positive input, badabing simply offers opinion after opinion about how horrible obama and the dems are.  my question is simply "why is badabing here?" - criticism without constructive suggestion is simply that: criticism - and carping.

          my question to badabing is this: exactly WHO did YOU want for president?  (hmmmmmm....nader, perhaps?)

          we are the future. no one else. WE are the ones who make change happen in every little detail we do. make it count. we only get one go-round.

          by edrie on Sat Jan 16, 2010 at 08:04:13 PM PST

          [ Parent ]

          •  I worked my ass off for President Obama for 6 (0+ / 0-)

            months...prior to him, I worked for every single Democratic candidate for President since 1968.

            I still support President Obama, but I do not support his coddling of Wall Street and the Banks.

            Dissent is indeed a sign of a healthy Democracy, just in case no one has ever reminded you of that....

            And My Pelosi/Lewinski diary was about the Republicans trying use Pelosi (who I admire a great deal) because she spoke up about the CIA lying)...

            but of course you didn't bother to mention that...

            America is the only nation in history which miraculously has gone directly from barbarism to degeneration without the usual interval of civilization.

            by Badabing on Sat Jan 16, 2010 at 08:43:46 PM PST

            [ Parent ]

  •  Instead of using his new found freedom (2+ / 0-)
    Recommended by:
    Badabing, Johnny Q

    to ignore the banking industry he has served so well, Dodd decides to diss the voters.  I thought when he announced he was not running Dodd would use his remaining time to do what's right for the public.  I should have know he'd view his remaining time as being free from the concerns of voters.

    Good riddance.

  •  Badabing (2+ / 0-)
    Recommended by:
    bigchin, Badabing

    Dodd pulls his own version of a Lieberman.

    Eventually People Are Not Going to Take It! But When? - allenjo

    by Words In Action on Sat Jan 16, 2010 at 08:31:57 PM PST

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