Housing Hypocrisy
Posted at 4:44pm on Jun. 18, 2008 Shouldn't the Senate Banking Chair know interest rates?
By Soren Dayton
Where do the Democrats find people like this? The Chairman of the Senate Banking Committee doesn't know the interest rates:
Roll Call thought this was mock worthy:
Briefly Quoted. “I don’t know what the rates are today.”
— Sen. Chris Dodd (D-Conn.), surprising reporters on Tuesday with his unfamiliarity with current mortgage rates. Dodd, who was explaining why he planned to keep his scandal-tarred Countrywide Financial home mortgages, is the chairman of the Senate Banking, Housing and Urban Affairs Committee.
It sounds like Dodd is either a criminal or criminally ignorant of the area he regulates. Will we ever find out which?
Crossposted from The Next Right.
Posted in Chris Dodd | Congress | Crooked Democrats | Housing Hypocrisy | The Housing Crisis — Comments (11) / Email this page » / Read More »
Posted at 1:15pm on Jun. 10, 2008 Obama Hoisted Upon His Own Petard
By California Yankee
On the campaign trail Obama has railed against Countrywide Financial Corp. and its executives -- blaming the firm for "infecting the economy and helping to create a home foreclosure crisis":
That was then. Today, ABC News' Sunlen Miller caught Obama away from his remote controller teleprompter, and asked him how he could "rail against Countrywide Financial Corp. as an example of insiders and today's economy while your VP search is headed by someone who got questionable loans from Countrywide?"
Obama didn't know how to respond:
"Well, look," Obama said, "the, the, I mean - first of all I am not vetting my VP search committee for their mortgages, so you’re gong to have to direct -- "
"But shouldn’t you?" asked Miller.
"Well, no," Obama said. "It becomes sort of a, um, I mean, this is a game that can be played - everybody, you know, who is tangentially related to our campaign, I think, is going to have a whole host of relationships -- I would have to hire the vetter to vet the vetters. I mean, at some point, you know, we just asked people to do their assignments.
Read on, there is more.
