Dodd back pedals, admits to role in AIG loophole

[GOTV]

http://www.cnn.com/2009/POLITICS/03/19/aig.bonuses.congress/index.html

Should he resign for siding with the failure industry against his constituents?

[HiFructosePronSyrup]

1. Should the majority of congress who voted for the bailout resign?

The unspoken reason that Dodd removed the provisions is because the Republicans would have voted no on the bailout, further driving the economy into the toilet.

[aquart]

2. That excuse seems a trifle humorous now.

The Republicans relinquish an opportunity to loot the Treasury? I think not.

[HiFructosePronSyrup]

3. Blaming Dodd and the Obama administration is a trifle humorous.

Claiming to be upset about AIG bonuses while blaming Dodd and the Obama administration is a trifle humorous.

[BuyingThyme]

4. Can you point to anything in your post that comes even close to being true?

[HiFructosePronSyrup]

5. You want to have another discussion about peanut butter and sherlock holmes?

[BuyingThyme]

6. I'll take that as a no.

[GOTV]

8. They are less complicit than the person that put the loophole there and then denied it

[HiFructosePronSyrup]

9. No, they're not.

They're just as guilty, and extra hypocritical.

[KittyWampus]

11. "just as guilty". At least you will now admit Dodd IS GUILTY.

[HiFructosePronSyrup]

13. Yeah, but guilty of what?

Bailing out AIG to prevent further systemic failure.

Fine by me.

[GOTV]

18. Legislating to protect the failures who busted our piggy bank.

[HiFructosePronSyrup]

21. Legislating to avoid systemic failure.

Do you really believe that Dodd and Obama WANTED to award AIG execs bonuses at the expense of the American people?

[GOTV]

25. Dodd specifically added the section to protect the failure bonuses

Maybe because they paid him:

http://www.newstimes.com/latestnews/ci_11944820

[Marie26]

28. But, he also was the one who

put the clause in in the first place - to prevent AIG from getting these big bonuses. So, he had good intentions, but backed down when pressure was brought to bear.

[GOTV]

29. So, you say, he had good intentions until pressured - then he caved and screwed us over ....

... I hope he doesn't live it down.

[burythehatchet]

30. AND WHO PRESSURED HIM?

jeezus fucking christ

[GOTV]

35. Treasury (Geithner)

[Marie26]

41. That's exactly right.

Hey, he's a politician, what do you expect?

[GOTV]

42. What do I expect? His constituents to show him the door.

[Marie26]

44. Good luck with that.

Dodd is powerful & influential for his state, besides which, he really has had some shining moments. Like fighting against the surveillance bill, trying to restore habeas corpus, & creating many conumer protection measures. I'd still vote for him.

[GOTV]

45. I guess we're all lucky he didn't get pressured on those items.

[Marie26]

53. True that! nt

[BuyingThyme]

47. I think that's a ploy.

It's like what Arlen Specter did when he was so outraged with illegal spying and then wrote legislation to make spying legal.

[ColbertWatcher]

14. If that was true ...

... we need to stop making it easy for the GOP.

We need to leave bills alone and force the GOP to make changes instead of assuming what it is they won't agree to.

[B o d i]

17. +1

zactly

Don't be "half evil" for them to help them look half nice, let them show their full evil.

[ColbertWatcher]

43. We need to utilize the full process and remind the GOP that they don't run shit anymore. n/t

[atreides1]

7. Elections are coming up

But to clarify, his "siding with the failure industry" , wasn't only against his constituents, this affects all Americans!

Unfortunately we don't all get to vote for the good senator, so it's now up to his constituents to let him how they feel.

[GOTV]

10. I'm ready to support any Dem primary challenger ...

... unless these guys start to demonstrate that they are in control.

[HughMoran]

12. Grassley will give him advice on what he should do

:rofl:

[Marie26]

15. Dodd has done a lot of good things

But, I guess you can't expect a lot of integrity from any politician.

[jsamuel]

16. Should Obama resign for his role?

:eyes:
:sarcasm:

[GOTV]

27. Did Obama or Dodd add the AIG loophole?

[kentuck]

19. Dodd has always been the best friend of big banks...

Unfortunately.

[WI_DEM]

20. No he should not resign, but this won't help his already shaky chances at re-election.

[GOTV]

31. I hope he has a strong primary challenger then

[spanone]

22. this story has been twisted and convoluted so many times, i don't know wtf to believe

[burythehatchet]

23. Corp Media's Mission Accomplished.

[burythehatchet]

24. This is the same bullshit stroy that being pushed by our "friends" who consider

Glenn Greenwald a traitor.

[GOTV]

26. More details: Dodd accepted contributions from the AIG failure bonus recipients

http://www.newstimes.com/latestnews/ci_11944820

I hope he doesn't live this down

[burythehatchet]

32. No one got more money from AIG than Barack Obama. Keep treading

only 40 miles to shore

[GOTV]

37. Where's the bonus protection amendment from Obama then?

[burythehatchet]

39. I apologize. I'm pissing in the wind here.

[GOTV]

40. Or you might call it treading

[burythehatchet]

33. PLease watch this and please stop the bullshitting

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=385x286181

[GOTV]

36. Watched it. Don't see where I'm bullshitting.

[JFN1]

34. Yes, he should resign

or be stripped of his committee assignments. It is time for us to start holding politicians ACCOUNTABLE for their actions. If I or you had fucked up like Dodd did, we'd be fired - or in jail.

DODD DOES NOT DESERVE A PASS JUST BECAUSE HE IS A POLITICIAN.

[Gin]

38. god..this all makes me sick....doesn't that make AIG guilty of money

laundering?

[Tierra_y_Libertad]

46. Fingers meet cookie jar.

"Right here in this heart and home and fountain-head of law this great factory where are forged those rules that create good order and compel virtue and honesty in the other communities of the land, rascality achieves its highest perfection."

"Suppose you were an idiot. And suppose you were a member of Congress. But I repeat myself."

"It could probably be shown by facts and figures that there is no distinctly native American criminal class except Congress."

[burythehatchet]

48. Leaked GOP Talking Points: Blame Dodd For AIG Mess

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=5288487&mesg_id=5288487

[FLAprogressive]

49. Wall Street Whore #2 (in the dem party -- #1 is Chuck Schumer) needs to resign for the good of the

party and the country.

[burythehatchet]

50. TARP inspector general says Bush administration specifically considered and approved AIG bonuses.

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x3790783

but please, keep going after Chris Fucking Dodd.

[burythehatchet]

51. kicking for grins and giggles

[burythehatchet]

52. oops. Another link

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=5290397&mesg_id=5290397