Fellow Senators Clear Dodd In Mortgage Scandal

Dodd’s fellow Senators on the ethics committee of cleared my favorite Senator of breaking the rules. He didn’t do anything they wouldn’t do. They did slap his wrist for using poor judgment in getting caught.

The New York Times article on the topic brings up an interesting point at the end:

Meanwhile, Representative Darrell Issa of California, the senior Republican on the House Oversight and Government Reform Committee, on Friday reiterated his call for a subpoena of mortgage records showing which lawmakers participated in the Countrywide V.I.P. program.

The subpoena would potentially cover mortgage records for the oversight committee chairman, Representative Edolphus Towns, Democrat of New York, who obtained two Countrywide loans for houses in Florida and Brooklyn. The Wall Street Journal reported Friday that Mr. Towns has resisted issuing the subpoena.

So, will we learn which of our other lawmakers received special treatment? Maybe those same ones who cleared Dodd? Hey at least now we have a precedent that there’s nothing wrong with being a “Friend of Angelo”.

I still don’t buy it that the Senator would have been a “Friend of Angelo” if he wasn’t a US Senator on a committee regulating the industry Countrywide was in. He was certainly made to feel he was getting special treatment, if he didn’t actually get special treatment it just means he was a sucker.

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