UPDATED Nov. 29 * Christopher Dodd, the chairman of the Senate Banking Committee

Whats your opinion of Dem. Senator Christopher Dodd? Is he honest? See what others has to say about him!

Just 30% of U.S. voters have a favorable opinion of Connecticut Senator Christopher Dodd, the chairman of the Senate Banking Committee, while 37% view him unfavorably. One-third of voters (33%) don’t know enough about Dodd to have an opinion of him one way or the other.

Of course, Dodd, who briefly ran for the Democratic presidential nomination this year, isn’t helped by news reports that he received preferential mortgages from Countrywide Financial and then later tried to engineer a federal bailout for the troubled lender when the housing bubble burst. Dodd also has been a big recipient of campaign contributions from the insurance industry and from the beleaguered mortgage giants Fannie Mae and Freddie Mac. Source; Read here

UPDATE:

Fact Number One: It was liberal Democrats, led by Senator Christopher Dodd and Congressman Barney Frank, who for years– including the present year– denied that Fannie Mae and Freddie Mac were taking big risks that could lead to a financial crisis.

It was Senator Dodd, Congressman Frank and other liberal Democrats who for years refused requests from the Bush administration to set up an agency to regulate Fannie Mae and Freddie Mac.

It was liberal Democrats, again led by Dodd and Frank, who for years pushed for Fannie Mae and Freddie Mac to go even further in promoting subprime mortgage loans, which are at the heart of today’s financial crisis.

Then there is the question of being against the “greed” of CEOs and for “the people.” Franklin Raines made $90 million while he was head of Fannie Mae and mismanaging that institution into crisis.

Who in Congress defended Franklin Raines? Liberal Democrats, including Maxine Waters and the Congressional Black Caucus, at least one of whom referred to the “lynching” of Raines, as if it was racist to hold him to the same standard as white CEOs.

Even after he was deposed as head of Fannie Mae, Franklin Raines was consulted this year by the Obama campaign for his advice on housing!

SOURCE: RealClearPolitics

2 comments on “UPDATED Nov. 29 * Christopher Dodd, the chairman of the Senate Banking Committee

  1. Do you know what exactly Dodd got from Countrywide? Without his knowledge, Countrywide treated his application with “VIP” status… quicker handling, a preferential rate, etc. Countrywide and Dodd say he didn’t even know about it, and that’s entirely possible.

    All you have to do is have “Senator” or “Congressperson” before your name, and you have a negative reaction from the American public. That doesn’t prove much.

  2. I suggest you read the post again now that I updated it just for you diogenes! And for all the comments of yours on the other subjects I deleted because they didn’t make any sense at all except for you to do your name calling!
    It might be best that you go back home to your far left racist friends!

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