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Welcome to Money $ Liberty, where personal finance and personal freedom collide. If you haven't visited before, please take a look at what this site is all about. Feel free to look around and make comments. Enjoy!

Dodd is full of crap

curtis — 13 June 2008 - 7:54pm

Senator Chris Dodd (D-Conn.) recently got caught with both hands in Countrywide's cookie jar in order to get a sweet deal on refinancing his mortgage. He claims he wasn't looking for any special treatment:

"As a United States senator, I would never ask or expect to be treated differently than anyone else refinancing their home," Dodd said in a statement.

Senator Kent Conrad (D-N.D.) is in the same boat. Here's his attempt at ignorance:

"I called (the Countrywide CEO). I said, 'I'm buying this property. Would you be interested in the mortgage?', and he said, 'Yeah. Call these people and we'll take a look,'" Conrad said.

"I did not think for one moment — and no one ever suggested to me — that I was getting preferential treatment."

Come on, do you seriously mean to tell me that you didn't expect to get special treatment WHEN YOU CALLED THE CEO!?!?! If you weren't looking for special favors, you should've walked into the front door of a Countrywide office and spent two hours talking with a retail mortgage specialist, instead of going straight to the crooked top.

I don't buy that either of these guys were clueless about the fact that they were getting special deals. These kind of kickbacks are the most heinous. They both out to be impeached.

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