36 Comments
- bstein80, on 06/17/2008, -1/+27I'm with the panda. Dodd is a scoundrel. He should resign his chairmanship on the committee.
- laxjax31, on 06/17/2008, -1/+18Wait, I want a special deal too! Why can't I get one?...
- acbrown, on 06/17/2008, -1/+13Holy crap, it looks like the Dodd scandal is causing Panda-monium on the Hill (yes, it's corny, but it had to be said).
- vonmises05, on 06/17/2008, -2/+14I'll go further; with all the heat that has been piling up and all the taxpayer's money Dodd and others connected with Countrywide want to give away through the Mortgage Bailout Bill, Dodd should resign in good conscience to show that he has some shred of ethics somewhere underneath all that crooked corruption!
- 1337chic, on 06/17/2008, -1/+12Good to see an awesome title on Digg again.
Down with Dodd! - tkeeley, on 06/17/2008, -1/+11I swear I saw that guy on the metro.
- bstein80, on 06/17/2008, -1/+9Panda's have the money to take a cab, dude.
- inactive, on 06/17/2008, -1/+7Dodd will not get re-elected, but he may find a few loan sharks waiting to get their money out of his hide.
- quesi, on 06/17/2008, -1/+7He doesn't.
- grostig, on 06/17/2008, -2/+8More of the same corruption, when will someone put the lawmakers in jail? See Ron Paul's "Campaign for Freedom dot com" for the answers.
- inactive, on 06/18/2008, -1/+6A further illustration of how the American political system works!
- tkeeley, on 06/18/2008, -1/+5I've noticed that Kent Conrad at least volunteered to donate the money to charity, Dodd on the other hand has taken the sour route is putting up a fight, denying he knew anything happened.
- ChesapeakeBaybe, on 06/18/2008, -2/+6Check out the angryrenter.com site. According to their data only 7 percent of the US population are either in (2%) or at risk of (5%) foreclosure. So it just doesn't make sense that those 93 percent of us in the majority must bail out the irresponsible minority. Unless of course it is not as much about bailing out the lenders as it is about bailing out the mortgage companies.
Dodd: just another DC dirt ball. - inactive, on 06/18/2008, -1/+5Yeah you have to be part of the gang. Initiation is really hard.
You have to kick a homeless veteran in the face, block access to the hospital to poor people, burn a school down and steal from 300 million people. - Surferess, on 06/18/2008, -1/+5Um, b/c you're not a senator?
- Y0tsuya, on 06/18/2008, -1/+5Hmmm let's connect the dots shall we?
1) Homeowners bought too much house, paid too much for it, used their house as an ATM, or any combination of the above, and are caught with their pants down when house prices stopped appreciating or rates start resetting
2) Banks made risky loans that in hindsight have no chance in hell of being repaid, and are also caught with their pants down
3) Bleeding-heart liberals wanted to save homeowners from foreclosure using taxpayer dollars
4) They count on corrupt politicians on the take to ride to the rescue
5) Corrupt politicians save the banks instead, by asking the Federal Reserve lower the interest rate and print money to lend to the banks, backed by the full faith and credit of the US Taxpayer
6) The lower interest rate causes the dollar to slide, encouraging investors to hedge against it by investing in commodities. Since oil is priced mainly in dollars, it causes oil prices to soar along with other commodities. Everything becomes more expensive. Folks eat mud cakes in Haiti. Children starve in 3rd world countries.
7) Will the US Treasury be on the hook when investment banks who use junk mortgages as collateral to borrow from the Fed default on their loans? We shall see.
8) All of this because people think we should bail out the financially irresponsible, by ruining it for everyone else. - Cryptocracy, on 08/17/2008, -0/+3it all started with that jerk Robin Hood.
- louiss19, on 06/18/2008, -1/+4Awesome!
- ledaugh, on 06/18/2008, -2/+5Dodd's antics are un-American. He should be ashamed.
- edstate, on 06/18/2008, -1/+3Did you actually believe a 50K salary = 500K home?
Did you really think "real estate always goes up"?
Did you not notice that little thing we called the "tech bubble" that popped in 2001?
Etc.
Stop making excuses for people who have no concept of personal responsibility. - bstein80, on 06/18/2008, -1/+3The panda made another appearance at Union Station today. Look for that video later this week. The panda handed out lots of flyers and stickers asking folks to oppose the Dodd/Countrywide Bailout.
- Dumbledorito, on 06/18/2008, -1/+3I thought Pandas were all about sexual harassment awareness. Either they've branched out or Dodd has some more 'splainin' to do.
- BohicaTwentyTwo, on 06/18/2008, -1/+2Preferential treatment from sub-prime lenders make me a sad panda. :-(
- inactive, on 06/18/2008, -1/+2I'm not entirely with you on the "had to be said" part.
- ericjohnson0, on 06/18/2008, -2/+3I submitted this over at thesaloon.net.
http://thesaloon.net/blog/_archives/2008/6/18/3751 ...
This is great! Hopefully we can get some exposure on the incestuous relationship between these guys. - Qong, on 06/18/2008, -3/+3An idiot, a criminal, or simply a person without the superhuman future-seeing powers that you seem to have...
- ericjohnson0, on 06/18/2008, -1/+1Yeah it works... but for who?
- inactive, on 06/18/2008, -1/+1That's pretty sweet
- xtinamo, on 06/18/2008, -1/+1I was thinking.. how did the panda know?!?
- xtinamo, on 06/18/2008, -1/+1for pandas?
- thomasjkeeley, on 06/18/2008, -1/+0Where the hell is my VIP loan, at that rate I'd be smooth sailing!
- OzarkGuru, on 06/18/2008, -1/+0Already dugg! Also went to source and posted the following story yesterday: Dodd Sponsors Lender Bailout, Takes VIP Loans http://arkansasgopwing.blogspot.com/2008/06/dodd-s ...
Today, Reid was expected to move to the Housing bill (H.R. 3221) to deal with the troubled housing markets. It would be unfortunate if Reid and Democrats tried to jam the bill through by moving to fill the amendment tree and cut off debate. Debate would likely be based off a substitute amendment from Dodd.
This is one issue responsible home owner, home buyers and renters can agree on! http://www.angryrenter.com/ - lorplaid, on 06/18/2008, -1/+0Dodd shouldn't get special treatment!
- edstate, on 06/17/2008, -5/+3NO ONE should get bailed out of this *****. Not the lenders. Not the lend-ees. If there was 1000% bona-fide verifiable fraud involved, then we'll talk.. but otherwise, suckit.
Anyone who didn't see this coming from a ***** MILE away (ie 2003) is either an idiot, or a criminal.


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