Tuesday, March 23, 2010

He Put WHO In Charge??

With all of the attention that has been paid recently to President Obama and Congressional Dems latest money grab otherwise known as healthcare reform something happened that kind of flew under the radar. The President recently appointed liberal crony Senator Chris Dodd to head up the restructuring of federal financial regulations that would give the government the power to break up any firm that they deem a threat to the economy. Many have called it the biggest federal financial overhaul since the New Deal of Franklin Roosevelt.
Chris Dodd. The same Chris Dodd that stood as the head of the Senate Banking Committee in 2008 when banks were collapsing all around us helping to cause the biggest financial meltdown in decades! The same Chris Dodd that admitted to adding language to the $787 billion dollar spending plan that would allow AIG executives to keep their bonuses 24 hours after admitting he had nothing to do with adding the language! The same Chris Dodd who repeatedly refused to consider Bush administration requests to regulate Fannie Mae and Freddie Mac after questions began to surface about their mortgage deals in 2005 and 2006.
Little wonder Dodd refused to act. It was later revealed that he along with Senator John Kerry and then Senators Hillary Clinton and Barack Obama were the biggest collectors of campaign contributions from Freddie and Fannie in the last 20 years!
Chris Dodd... facing increasingly tough odds in Connecticut he's done the smart thing and announced he will not seek re election in the upcoming mid terms. Hopefully other incumbent Dems like Harry Reid and others will do the same thing or be booted out via the ballot box in November.Yes....WE....CAN.....and that's what shim sez..

2 comments:

  1. The big O also quietly reinstated funding for ACORN while nobody was paying attention last week. This administration is totally out of control!

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  2. Angie-Out of control indeed. We must remember that come November....and in 2012!

    ReplyDelete