The Everyday Republican

Dodd Stiffs Vendors, Loses Donor

43017231Well, turns out Sen. Chris Dodd has lost 20 percent of his home-based for the last reporting period of campaign contributions. A closer review of Federal Elections documents show the donor in question lives in Watertown, N.Y., not Watertown, CT.

Also, Glenn Thursh of politico reported  that Dodd has stilled not paid some of his vendors for his 2008 Presidential race to the tune of $300,000 with $180,000 cash on hand.

But he did pay the lawyers who are handling his legal issues before the Senate Ethics Committeee close to $140,000. Dodd’s office didn’t respond or offer comment.

Neither are they likely to talk about the atricle in Tuesday’s  Washington Times, that showed Sen. Dodd was also oblivious to an end-around by Sen. Dianne Feinstein, D-CA, who managed to push a $25 billion bailout to the Federal Deposit Insurance Company, which then ended up benefiting her husband, Richard Blum.  How do you move $25 billion past your committee and the chairman doesn’t know?

Well, probably the same way the entire sub-prime mortgage industry fell to pieces while Dodd was running for President. Probably the same way the executives from AIG were awarded their bonuses when Dodd gave the direct impression he would fight them to the bitter end. And probably the same way Dodd continues to take banking money for his reelection coffers from the very industry he should have an arm’s length distance.

The allegations against Feinstein are amazing, even by Washington, D.C. standards. Feinstein, who stood within three feet of President Barack Obama when he took the oath of office, already had the legislation ready to go before the President finished “so help my God.”

Feinstein isn’t a member of the Banking and Urban Affairs Committee but she jumped in to secure tax dollars for FDIC which raises its funds from bank-paid insurance payments, according to the report. FDIC then awarded CB Richard Ellis was awarded a contract to sell foreclosed properties that FDIC held from these failed banks.  By then Mr. Blum’s investment company had bought CB Richard Ellis stock. Get the picture here?

Feinstein has been mentioned as a possible candidate for Governor.

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