Dodd, Who Received Sweetheart Loan, Pushing Countrywide Bailout

by SunnyRight on June 16, 2008

Patrick Ruffini asks how this isn’t considered a bigger scandal than it is by the media. The age-old answer applies yet again: Check Dodd’s political affiliation. The Heritage Foundation wrote about this, as Patrick calls it, quid pro quo.

We have been calling Sen. Chris Dodd’s (D-CT) housing bailout bill “The Wall Street Bailout Enhancement Act” for over a month now. In particular, we have singled out Countrywide Financial as the bank with most to gain from the federal government’s generosity. Countrywide is the largest loan servicer in the nation. It has been accused by bankruptcy judges of using dubious tactics to issue mortgages to unqualified borrowers, and has been at the center of the nation’s still-unfolding mortgage crisis. In the last three quarters, Countrywide has lost $2.5 billion, and has $6 billion in nonperforming assets.

Like Obama’s former VP search team chief Jim Johnson, Sen. Dodd (D-CT) received so-called “sweetheart” deals from Countrywide CEO Angelo Mozilo. And now that Countrywide is in trouble, along comes Dodd to have the American taxpayer bail it out.

32 Responses to “Dodd, Who Received Sweetheart Loan, Pushing Countrywide Bailout”

  1. click to find out more Says:

    I simply want to say I am just new to blogging and site-building and honestly liked your web page. Most likely I’m planning to bookmark your blog post . You surely have really good writings. Regards for revealing your blog.

  2. go to post Says:

    I simply want to tell you that I am all new to blogging and site-building and really savored you’re web-site. Most likely I’m want to bookmark your blog . You definitely come with incredible stories. Bless you for revealing your webpage.

  3. great website Says:

    I simply want to say I am just all new to blogging and site-building and actually loved you’re page. Probably I’m likely to bookmark your blog post . You certainly come with good well written articles. With thanks for revealing your website.

  4. tralki pcv Says:

    I just could not depart your website before suggesting that I actually enjoyed the standard information a person provide for your visitors? Is gonna be back often in order to check up on new posts

  5. check content Says:

    I just want to mention I am just new to weblog and absolutely savored this web blog. Almost certainly I’m planning to bookmark your blog post . You actually come with impressive posts. Many thanks for revealing your website.

  6. try these guys Says:

    I just want to mention I am beginner to blogging and actually enjoyed this web site. Likely I’m likely to bookmark your blog . You absolutely come with remarkable articles. Bless you for sharing with us your website page.

  7. Demenagement 91 Says:

    Combien de temps vous faut-il pour vous sentir chez vous après un demenagement ?

  8. tralki plastikowe Says:

    very interesting topic , great post.

  9. ogrodzenie z pcv Says:

    I’d must check with you here. Which isn’t something I normally do! I get pleasure from studying a publish that will make people think. Additionally, thanks for permitting me to remark!

  10. Ogrodzenia Plastikowe Says:

    Hello! This is kind of off topic but I need some help from an established blog. Is it hard to set up your own blog? I’m not very techincal but I can figure things out pretty fast. I’m thinking about making my own but I’m not sure where to begin. Do you have any tips or suggestions? Thanks

  11. satellite internet providers Says:

    Pretty! This has been a really wonderful post. Many thanks for supplying this information.|

  12. framing Says:

    This information is priceless. When can I find out more?|

  13. good website Says:

    I just want to say I’m very new to blogging and site-building and honestly savored your page. Likely I’m going to bookmark your blog . You certainly have excellent stories. Thanks a bunch for sharing with us your web-site.

  14. balustrady plastikowe Says:

    Hey very cool website!! Man .. Excellent .. Amazing .. I’ll bookmark your blog and take the feeds also…I’m happy to find numerous useful info here in the post, we need work out more techniques in this regard, thanks for sharing. . . . . .

  15. ogrodzenie farmerskie Says:

    I conceive you have mentioned some very interesting details , appreciate it for the post.

  16. recommended you read Says:

    I simply want to mention I am just beginner to blogs and definitely loved you’re blog. Almost certainly I’m going to bookmark your blog post . You absolutely have fantastic well written articles. With thanks for revealing your blog.

  17. hot water boiler Says:

    Good information. Lucky me I discovered your blog by chance (stumbleupon). I’ve bookmarked it for later!|

  18. balaski plastikowe Says:

    It’s a pity you don’t have a donate button! I’d without a doubt donate to this superb blog! I guess for now i’ll settle for bookmarking and adding your RSS feed to my Google account. I look forward to fresh updates and will talk about this website with my Facebook group. Talk soon!

  19. replace windows Says:

    Greetings! Very helpful advice in this particular article! It’s the little changes that make the largest changes. Many thanks for sharing!|

  20. Dishnet Says:

    Now I am going to do my breakfast, after having my breakfast coming again to read other news.|

  21. cheap dentist Says:

    I constantly emailed this website post page to all my friends, since if like to read it after that my links will too.|

  22. tralki plastikowe Says:

    Oh my goodness! a tremendous article dude. Thanks However I’m experiencing situation with ur rss . Don’t know why Unable to subscribe to it. Is there anybody getting an identical rss downside? Anyone who is aware of kindly respond. Thnkx

  23. internet satellite providers Says:

    Ahaa, its fastidious conversation on the topic of this article here at this web site, I have read all that, so at this time me also commenting here.|

  24. balustrady plastikowe Says:

    As I website possessor I believe the content matter here is rattling wonderful , appreciate it for your efforts. You should keep it up forever! Good Luck.

  25. ogrodzenia pcv Says:

    This is really interesting, You’re a very skilled blogger. I have joined your rss feed and look forward to seeking more of your excellent post. Also, I’ve shared your website in my social networks!

  26. kitchen cabinet installation Says:

    Greetings! I’ve been reading your site for some time now and finally got the bravery to go ahead and give you a shout out from Houston Texas! Just wanted to tell you keep up the excellent work!|

  27. ogrodzenia z plastiku Says:

    I genuinely enjoy looking through on this website , it has got great posts .

  28. sztachety PCV Says:

    I got what you mean , appreciate it for putting up.Woh I am delighted to find this website through google. “Since the Exodus, freedom has always spoken with a Hebrew accent.” by Heinrich Heine.

  29. boiler Says:

    I am extremely impressed together with your writing skills and also with the structure to your weblog. Is this a paid subject or did you modify it your self? Either way stay up the excellent high quality writing, it’s uncommon to see a nice weblog like this one nowadays..|

  30. dental crown replacement Says:

    This design is spectacular! You obviously know how to keep a reader entertained. Between your wit and your videos, I was almost moved to start my own blog (well, almost…HaHa!) Excellent job. I really enjoyed what you had to say, and more than that, how you presented it. Too cool!|


  1. auto recharge mediclaim - July 25, 2015


    While checking out DIGG yesterday I noticed this

  2. akwarium piotrków trybunalski - July 28, 2015

    akwarium piotrków trybunalski

    akwarium i akwaria oferuje witryny i szklany asortyment.Szklarstwo w wojewodztwie lodzkim zapewnia specjalistyczne us³ugi szklarskie w atrakcyjnych cenach

Leave a Reply