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The Geithner-Dodd Deception Derby
The Plot thickens.....
From the Corner:
Did Geithner Lie? [Greg Pollowitz]
Time: "Treasury Learned of AIG Bonuses Earlier Than Claimed
and Chris Dodd now fesses up and admits he agreed to the loophole amendment to permit grandfathered bonuses.
Wolf Blitzer said " viewers are confused". That's only if you believed Dodd when he said yesterday "I had nothing to do with" changing the amendment. I wasn't fooled by Dodd. he's "amended his remarks" before, like on the Countrywide mortgages..
He still refuses to explain who told him to change the amendment --"I don't know their names"
Start with a "G", Chris.
Looks like the White House and Congress are busy in this competition----the bus throwing derby!.
This is the initiial reaction in the press from Dodd's duplicitious debacle
Sen. Chris Dodd (D-Conn.) looks like he may be facing a fresh political firestorm.
Dodd just admitted on CNN that he inserted a loophole in the stimulus legislation that allowed million-dollar bonuses to insurance giant AIG to go forward – after previously denying any involvement in writing the controversial provision. .
“We wrote the language in the bill, the deal with bonuses, golden parachutes, excessive executive compensation that was adopted unanimously by the United States Senate in the stimulus bill,” Dodd told CNN’s Wolf Blitzer this afternoon.
“But for that language, there would have been no language to deal with this at all.”
Dodd had previously said that he played no role in writing the controversial language, and was not a part of the conference committee that inserted the language in the bill. As late as today, Dodd’s spokeswoman denied the senator’s involvement.
Only 41% of CT voters considered Dodd "honest and trustworthy" in a recent poll. This isn;t going to make the number go up.
So we have Dodd not telling the truth and Geithner not telling the truth.
Should we start a pool on who's career in Washington ends first?


Comments
Dodd's Dubious Declaration
He's issued a statement on the Courant website to try and "clarify" his mutually inconsistent AIG stories over the past two days. Highlights.
(Read much, Chris?)
(Whatever. Go apologize to Wolf for lying. He needs the apology, not me)
As I said earlier. Chris Dodd's only defense to being evil is to prove yet again he is stupid.
Dodd is too stupid to be evil
Dodd has been caught in a lie. He will try to deflect and spin, but this is probably going to stick. Of course that doesn't mean he won't be reelected.
The fact is, Dodd and Obama received more campaign contributions than any other politicians last year. And now it is clear that they put in a provision allowing for these bonuses. And it is becoming apparent that they knew about them or should have known about them for a long time.
The leadership of the GOP needs to frame this in one of two ways:
The Obama Administration is: Incompetent (stupid) or corrupt (evil).
This is a golden opprtunity to highlight the incompetence and corruption of the Obama administration. If they can't handle the AIG bailout, how can they handle universal health care and all the othere trillions of dollars worth of expanded government they want to run?