Wednesday, October 22, 2008

Not Even The NY Times Can Stomach Christopher Dodd

Christopher Dodd's obfuscations regarding the sweetheart mortgage deals he received from Countrywide and what it cost America for him to receive them have finally gotten the attention of the New York Times.

According to company e-mails unearthed and reported by Portfolio.com, Countrywide waived fees and provided mortgages at discounted rates when Mr. Dodd refinanced his homes in the District of Columbia and Connecticut. The favorable treatment could save him thousands of dollars over the course of the loans.

The Senate Ethics Committee is investigating whether the terms of the loans violated its rules on disclosing gifts. But such an investigation does not preclude Mr. Dodd from being candid.

Mr. Dodd admits he was extended “courtesies” by Countrywide. It’s time for him to extend some courtesy to his constituents and the rest of the nation and release the records on the mortgages, without delay.


Or, maybe the Times is tired of being 10 steps behind the Hartford Courant.

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.'"

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