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Thursday, June 19, 2008
An interesting parallel: McCain and Dodd, two peas in a pod
John McCain is showing us where he is politically in the Republican Neo-Democrats (the new creation out of the ashes of the Grand Old Party by McCain and his McCain Democrats and independents). The RND was formed when McCain carefully excluded conservatives from the party, except for those who crawled to him on his terms. The show at CPAC2008 was where he told conservatives to come to him with no preconditions. On to the story: First, McCain and his bank scandal connection (Keating Five)...
McCain received campaign contributions, transportation on private jets,
and vacation trips from Charles Keating Jr., chairman of the failed
Lincoln Savings and Loan Association, to look the other way and even
lobby the Federal Home Loan Bank Board to look away. The bailout cost
taxpayers over a billion dollars. McCain received a mild slap on the
wrist for his participation along with four Democrats in this debacle.
He also has historical recognition as a member of the "Keating Five"
(other participants - Cranston, DeConcini, Glenn, and Riegle). All
served out their terms with Glenn and McCain being re-elected. The "fix"
was in.
Second: Democrat Senator Chris Dodd, Chairman of the Senate Banking Committee (seeking to bail out Country Wide Financial for lucrative preferential loans he received from Countrywide)...
Senator Dodd, chairman of the Senate Banking Committee, knew he was in a
"V.I.P. program" at Countrywide Financial, but he denies that this meant
he was getting special treatment from Countrywide Financial. That's like
being a member of the United States Senate and thinking you get treated
just like everybody else.
Senator Dodd is now trying to bailout Countrywide Financial with billions of taxpayer dollars. How many billions is Dodd seeking for his buddies at Countrywide?
Summation: It is amazing how the US Senate attracts the creme de la creme of the crooks and fixers for crooks (or is it the scum de la scum?)...
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Edited on: Thursday, June 19, 2008 11:54 PM EDT
Categories: 2008 election info, Corrupt Banks and Businesses, Corrupt Politicians (Bought Politicians), Democrat Socialism, Hypocrisy, and Wackiness, GOP (The Neo-Democrats), Little Johnny, McCainiacs
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