Dodd knew since 2003

By Michelle Malkin  •  June 17, 2008 04:59 PM

The question is no longer “How stupid does Dodd think we are?” The question is: How stupid is he?

Countrywide’s homeboy crawls out from under his bed to admit that he knew he was a VIP. But he’s still denying he knew he had received special breaks on his loans.

Via Roll Call:

Senate Banking, Housing and Urban Affairs Chairman Chris Dodd (D-Conn.) said Tuesday that he has known since 2003 that his mortgage with Countrywide Financial was designated a “VIP” account, but continued to deny allegations he received any discounts when he refinanced two loans.

Posted in: Subprime crisis

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Comments


  1. #352569
    On June 17th, 2008 at 5:04 pm, MrOlympia said:

    Chris Dodd…….POS!

  2. #352575
    On June 17th, 2008 at 5:07 pm, Ed Mahmoud abu al-Kahoul said:

    1993 or 2003. The headline and the story is a little different. 2003 is plenty bad enough for the POS Senator that used to party with the Massachusetts DWI Killer and grope minimum wage waitresses as DC bars and restaurants…

  3. #352576
    On June 17th, 2008 at 5:08 pm, mymanpotsandpans said:

    Check your headline…

  4. #352577
    On June 17th, 2008 at 5:11 pm, americangrunthog said:

    oxymoron – ethical democrat

  5. #352579
    On June 17th, 2008 at 5:12 pm, love2rumba said:

    Doesn’t surprise me at all. The same with former Sen. Sam Nunn who co-authored a bill which at the federal level deregulated commodities trading so such wonderful investments like “credit default” futures were traded will-nilly along with collateralized debt securities (CDOs).

    These types of investments were able to slip through S&P and Moody’s bond rating service and other financial checkpoints in the economy and end up inside “safer” investments without people being aware of what they really were and their potential default implications with investment portfolios (it takes someone with a math degree to handle credit default swap futures type of derivative investment, something for which Moody’s admits to)–hence the current credit crisis.

  6. #352580
    On June 17th, 2008 at 5:12 pm, Ed Mahmoud abu al-Kahoul said:

    Dodd and Kennedy sexually assault a DC waitress – aka ‘The Waitress Sandwich incident’

  7. #352581
    On June 17th, 2008 at 5:13 pm, Chard402003 said:

    Liar Liar pants on fire.

  8. #352583
    On June 17th, 2008 at 5:15 pm, letget said:

    Dear Dodd, you were a VIP person, but you didn’t get a discount rate? My little gray cells are going nuts on this one. Now, surprise, I do not believe you, how’s that?
    L

  9. #352594
    On June 17th, 2008 at 5:23 pm, regularguy said:

    Revive the Dodd for President Campaign. We need a President who KNOWS the mortgage industry!

  10. #352598
    On June 17th, 2008 at 5:25 pm, Micheleeroo said:

    This isn’t the special Countrywide loan that I recall…..

  11. #352600
    On June 17th, 2008 at 5:26 pm, Tipper said:

    We are well past the timeframe that Democrats would be on the steps of congress screaming for an investigation and weilding ropes.

    WHAT’S NANCY’s PROBLEM???

  12. #352604
    On June 17th, 2008 at 5:30 pm, Tipper said:

    Oh, and looks like Dodd is telling 2 stories and gaming the media

    Sen. Chris Dodd had two news conferences today — one over the phone with members of the Connecticut media and one in-person with DC media in the Capitol. His story to the Connecticut reporters was missing a significant point that emerged in the Capitol: He knew he was put in a VIP program, even if he said he didn’t think it was because of his Senate position.

    So, for in-state reporters, he left out the important point and admission that there was such a program, and he was a part of it, though he said it earned him no benefit. Dodd said he thought it was a “courtesy” for longtime customers of Countrywide.

  13. #352605
    On June 17th, 2008 at 5:31 pm, brooklyn red said:

    Tipper, Nancy IS the problem.

  14. #352609
    On June 17th, 2008 at 5:36 pm, jlibertarian said:

    I haaaaaaate liberals.

  15. #352614
    On June 17th, 2008 at 5:41 pm, right_on said:

    he knew he was a VIP.

    This, in itself, is an admonition that he considers himself “important.” Let him conitnue to hide, and obfuscate. We will be able to address him as Senator Dodge;

    Duke of Denial,

    Knight Order of the Belt(way),

    or let him add HRH to his appellation.

    He will still be allowed to surround himself with his Court Jesters, just like any other Royal.

    Of course, his fellow members of the Senate will protect him, for as goes that Senator, so goes the others. Let’s see if Congress’ approval rating can dip below 10.

    I propose that an impartial panel, with full investigative powers, be appointed by the President, to look into all the private dealings of these elected officials. We can call it The Presidential Oversight Panel on Congressional Hypocracy and Lawlessness. Let’s see how they like it for a “change.”

  16. #352615
    On June 17th, 2008 at 5:41 pm, vickisoup said:

    Gee Whiz…If you can’t get special treatment, what’s the point of being a VIP?

  17. #352616
    On June 17th, 2008 at 5:43 pm, Paul said:

    As a Ct resident, I hope this exposure unravels his career. Dodd has never done a honest day’s work his entire life. He’s been living like a prince on someone else’s dime his entire, drunken, woman chasing, worthless life.

  18. #352625
    On June 17th, 2008 at 5:46 pm, uhangtight said:

    Did he think that VIP meant they were processing his loan papers ‘faster’ than those without that status? OMG.. I’m with those above asking for a special investigation.

  19. #352637
    On June 17th, 2008 at 6:00 pm, txvet2 said:

    This looks pretty serious. It’ll probably cost him at least 10-12 votes come election time. It’s a good thing he didn’t do anything serious like call somebody “macaca” or become a Republican.

  20. #352647
    On June 17th, 2008 at 6:11 pm, Uplander said:

    Maybe it’s the hair. Maybe you just can’t trust a socialist that uses our tax dollars for a hair stylist.

  21. #352648
    On June 17th, 2008 at 6:11 pm, David e said:

    He is my Senetor. I have met him a couple times. Go with he is an idiot.

  22. #352688
    On June 17th, 2008 at 6:56 pm, Marshall Russ said:

    Countrywide was the golden child of the Dems in the 90’s. They made thousands of bad loans and sold them to FannieMay. Now we are picking up the check on the deal thanks to Doddddd and his buddies. This is the tip of the ice berg.

  23. #352692
    On June 17th, 2008 at 7:01 pm, terrig said:

    Wow, I’m truly shocked by this news/sarc off.

  24. #352702
    On June 17th, 2008 at 7:15 pm, brooklyn red said:

    I got an idea for a federal jobs creation program… build nice green environmentally friendly gallows.

    We just need to pass one law first. ” Any elected official found guilty of taking a bribe hangs”.

    Now who would dare vote against that?

  25. #352714
    On June 17th, 2008 at 7:21 pm, Die Hippie, Die said:

    He knew he was put in a VIP program, even if he said he didn’t think it was because of his Senate position.

    Riiiight. He thought it was his Brad Pitt-like good looks that got him into the VIP program.

    Douchebag Turd sandwich.

  26. #352722
    On June 17th, 2008 at 7:26 pm, Tennessee Dave said:

    In this case, maybe VIP stands for Vilified Ignorant Prat.
    That’s a change (in definition) that I can believe in.

  27. #352723
    On June 17th, 2008 at 7:29 pm, GraniteMan said:

    I did not have sex with that woman……….er……ah….cough….I didn’t know how to spell VIP

  28. #352730
    On June 17th, 2008 at 7:39 pm, starlightwoman said:

    Not a question of Dodd being stupid but the people that continue to vote for him.

  29. #352750
    On June 17th, 2008 at 8:23 pm, LC said:

    Maybe we need to start having members of Congress/Senate fill out weekly questionnaires where we ask them if they have done anything we feel may “taint” their exemplary records. They would be completely anonymous – no name needed – then they could drop them all in a basket.

    After such, someone would read them all over the weekend and then on the following Monday address the House/Senate regarding all of the less-than-appropriate actions noted in their review. It would go like this: “The three of you that took sweet-heart loans from Countrywide Financial (as VIPs)…you better fix that now….you know who you are.”

    If they want to act like children and shun their charge for personal responsibility then surely we can treat them like children, yes?

  30. #352767
    On June 17th, 2008 at 8:50 pm, Boomer said:

    I guess we know whose picture we will find in the dictionary when looking up the definition of a lying crapweasel. :lol:

    To be serious I do feel sorry for the good citizens of Connecticut that are poorly represented by this loser.

  31. #352772
    On June 17th, 2008 at 9:01 pm, Southeast Jones said:

    Boomer, they will vote his butt back in no matter what. The stupid love them self more than the rest of the world.

  32. #352774
    On June 17th, 2008 at 9:04 pm, ramdoug2002 said:

    Now Congress has something worthy of a public congressional investigation. I have never thought it important for Congress to see what Roger Clemens may or may not have injected into his butt nor do I think it is the task of the Congress to investigate the New England Patriots. But I do think it worthy if some valiant Senator or Congressman calls for public hearings on the conduct of those in power taking favors from those they regulate. That would be a worthy use of our tax dollars.

  33. #352775
    On June 17th, 2008 at 9:04 pm, Southeast Jones said:

    “love themselves” Maybe I should vote for the porkwad.

  34. #352783
    On June 17th, 2008 at 9:30 pm, JT said:

    Where is liberal excuse commission nyk, lgm, rusty, and mjustice?

  35. #352789
    On June 17th, 2008 at 9:48 pm, americangrunthog said:

    Hey JT,
    They are with all the other liberal spank blankets.

    Its hard for them to keep their snooty ‘better than thou’ noses in the air when they have their heads up their butts.

  36. #352790
    On June 17th, 2008 at 9:49 pm, old trooper said:

    Dodd knows that We are Stupid.

    His consituents keep re-electing his sorry a$$!

  37. #352794
    On June 17th, 2008 at 10:03 pm, Freddy said:

    Ohh ohhh – look out – they seem to have that 300 billion bailout scheduled for a vote tomorrow – dont let your eyes off the target!

  38. #352797
    On June 17th, 2008 at 10:14 pm, jsr said:

    My question is: is he an out of touch, stupid, naive Democrat or is he a corrupt, opportunistic, weasle Democrat? It is so hard to tell at times.

  39. #352810
    On June 17th, 2008 at 10:36 pm, expres12 said:

    This jerk demonized the mortgage origination industry all the while he was getting special treatment from Mozillo the industry’s biggest dirt bag.

    He needs to go.

  40. #352819
    On June 17th, 2008 at 10:43 pm, nbarry said:

    Spoken by Dodd like a true Brooklyn Bridge salesman.

  41. #352829
    On June 17th, 2008 at 10:57 pm, americangrunthog said:

    Hey jsr,
    I vote for weasel. He looks like a weasel.
    The more sanctimonious they are, the more likely it is they are a crook instead of out of touch and stupid.l

  42. #352865
    On June 17th, 2008 at 11:34 pm, vatodio said:

    Dodd is a leader.

    He can do no wrong.

    /sarcasm off.

  43. #352891
    On June 18th, 2008 at 12:20 am, cea1940 said:

    let me get this straight, he’s on the banking committee and he doesn’t know he is locking in a rate that lower, way lower, than the national average? Riiiigggt.

    So since countrywide holds my mortgage, does that mean I got to pay a higher rate so the “VIP’s” could pay a lower one?

    Is this what Obama means when he talks about rich getting richer? I thought the dems were going to work for income equality….sounds like those rich folks getting rich again.

  44. #352982
    On June 18th, 2008 at 8:02 am, abstractmind said:

    I dont see our resident trolls saying this is wrong of Dodd to do….why am i not surprised.

    lgm, lets hear it. call wrong as it is in this case.

    That’s 16 times.

    Dodd is a moron. He should have to pay every dime back, fork over his pension, the whole 9, until its paid back. Let them go after him as hard as they go after normal people.

  45. #353046
    On June 18th, 2008 at 9:54 am, BetsyinAmerica said:

    jsr-

    He’s both. I’m from Connecticut and I know!

  46. #353096
    On June 18th, 2008 at 10:50 am, martin.musculus said:

    weekly lie detector tests.

    “In the preceeding 6 months have you participted in; allowed actively or passively; benefited from directly or indirectly; have 1st-hand knowledge or indirect knowledge of bending, shading or creating laws, regulations, or influence to favor those whom you create laws to regulate. Please answer ‘yes’ or ‘no’,
    Under the awareness that this is under the penalty of death by hanging w/o chance of appeal.”

    Anyone improve this, please tell me!

    (Yes, I know it violates all sorts of things, but I think this is still a step above pitchforks. Only one, though. I can dream my little dream of clean government. Next be the pitchforks…

    BTW, my personal preference is a haying fork — think the painting of man&wife w/a pitchfork — manurefork’s tines are shorter, straighter, closer together and most importantly: duller!

    Pitchforks & torches is where we’re going, on a bullettrain. Believe it!)

    – martin.musculus

  47. #353215
    On June 18th, 2008 at 12:02 pm, SpeakEasy said:

    Let’s see….

    Special VIP loans for senators.

    Billion dollar bailouts to lenders from senators.

    Any connection?

  48. #353266
    On June 18th, 2008 at 12:39 pm, Bulldogger said:

    Chris Dodd VIP > Very Ignorant Punk

  49. #354582
    On June 19th, 2008 at 4:42 pm, riplag said:

    So Dodd knew since 2003, but did not know what it meant for him, Obviously he is too stupid to be the Senate Banking, Housing and Urban Affairs Chairman.

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