Archive | Government RSS feed for this section
Aside

Following Dodd’s Stories Are Exhausting

The lead for the story on the Hawaii Reporter website was: It’s exhausting trying to follow Connecticut Senator Chris Dodd’s story about how and why a loophole was slipped into last month’s stimulus bill that facilitated the scandalous bonuses at AIG. And it truly is. I can’t say which story is the truth, or if [...]

Read full story Comments { 0 }
Aside

More Dodd Real Estate Deals

Looks like Senator Dodd has a history of beneficial real estate deals. Not only do the deals seem to fit the “sweetheart” category, but the deals included a convicted of tax and securities fraud. That felon received a pardon that was secured by Dodd. That felon still owed the SEC millions for his violations when [...]

Read full story Comments { 0 }
Aside

Memo To Senator Dodd – Please Shut Up

Yesterday there was the story from Planet Money that government officials weren’t even mentioning nationalizing banks because just doing so could send their stock into the toilet. Today there’s the story that bank stocks plummeted after Senator Chris Dodd, chairman of the banking committee, said banks my have to be nationalized. The story was headline [...]

Read full story Comments { 0 }
Aside

Investors Lose – Politicians Win

The Connecticut Post reports that Senator Dodd received $27,500 in campaign contributions from the Stanford Financial Group which was recently accused of ripping off investors to the tune of $8 Billion. Of course, Stanford made sure to spread the money around so Dodd can hardly be singled out. But, since he’s my Senator (well, not [...]

Read full story Comments { 0 }
Aside

Chris Dodd To Write Book?

There’s been reports that Senator Dodd might write a book about the financial crisis. An insider’s guide? A tell-all? Sure, someone says he plans to donate the proceeds to charity. Even if that’s true it’s not without benefit to him. He gets to put a spin on his contributions to the meltdown while on Senate [...]

Read full story Comments { 0 }
Aside

Great Theater

I know politicians usually have an agenda for everything they do and that agenda may not match their words. But still, this is great and if I could I’d vote for Rep. Ackerman. via

Read full story Comments { 0 }
Aside

Senator Dodd Disappoints

That’s according to the Hartford Courant editorial page. At least one paper understands that the Senator’s recent dog and pony show doesn’t prove he didn’t get favorable treatment from a company he regulated at the time that company was doing the type of business that greatly contributed to our current financial mess. As the Courant [...]

Read full story Comments { 0 }