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Dodd Says He Will Refinance Two Controversial Mortgages

Posted in the Countrywide Financial Forum

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Ameriborn News

Windsor Locks, CT

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#162
Feb 5, 2009
 


Owner of Ameriborn News William Landers will be attending rally in support of WCSU College Republicans and Connecticut residents who are being whammed by this unconstitutional stimulus.

Please join me there on Saturday February 7th 2009. at 12:30 pm and lets keep the rally going for as long as we can make a stand for our fellow Americans.

The Western Connecticut State University College Republicans are upset over Congress’s consideration of the bailout. Right now, moderate Republicans are holding up the bill to pare it down. Senator Max Baucus (D-MT) tonight admitted that $200 billion of the package would only account for 1 million in new jobs.
Last week, Chris Murphy voted for the stimulus package without knowing what was in it. As the bill’s writer, Chris Dodd filled the package with pork. Now’s our chance to begin letting them know how we feel about it… and to tell their Democratic friends they are not listening to us!
Meet us at the Westside Campus of WCSU in Danbury between 12:30 and 1 pm to organize our protest. The protest will end at 2pm, Murphy and Dodd will be on campus to talk about Universal Healthcare. Bring home made signs and support to let our Congressmen know that they are not representing the will of those who elected them. Pass this email along to others to do the same.
Point of contact:
Elissa Voccola
President
WCSU College Republicans
Citizen Kane

Columbia, CT

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#163
Feb 5, 2009
 
I fear that the citizens of CT will vote corrupt Dodd back in because he is a loyalist to the Democratic party. Unfortunately,just like NAZI Germany, the people are abondoning their ideals, morals and traditional American values for blind obedience to the party and its leaders. History does repeat itself!!
doityourselfweat her com

Waterbury, CT

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#164
Feb 5, 2009
 
Tapscott's Copy Desk
Dodd gives journos the idiot's treatment on mortgage document disclosure
POSTED February 3, 2009 | 7:27 AM
There are two kinds of journalists in the world - those who have been been given the idiot's treatment by public officials on a Freedom of Information Act (FOIA) request for public documents, and those who will be.
Believe me, I know because I didn't get inducted into the Freedom of Information Act Hall of Fame for nothing (no, really, I am not making that up. Go here if you think only liberals get such honors.).
Now Senate Banking Committee Chairman Sen, Chris Dodd, D-CN, has pulled what has to be an all-time classic evasion stunt against journalists covering Congress and the economic crisis concerning his promise six months ago to make public all of the documents about his sweetheart loan deal with Countrywide Mortgage.
Dodd invited a select few Connecticut reporters to his office in Hartford Monday and gave them a few minutes to view - but not copy - a small selection of documents that he claims proves he did nothing wrong in accepting special treatment from Countrywide that saved him a reported $75,000 in refinancing a couple of loans worth a total of $800,000. The Wall Street Journal called it Dodd's "Peek-A-Boo Disclosure."
He got the favorable treatment from Countrywide under the lender's "Friends of Angelo" program, which Portfolio.com exposed last year as the influence-peddling tool of Angelo Moziolo, Countrywide's founder. Lots of Washington and California poliiticians got special loan treatment in return for ... well, the Democratic-controlled Congress hasn't exactly been eager to answer that question.
Anyway, note that Dodd staged this Potemkin disclosure back home, not here in Washington, D.C., and that apparently no Washington-based journalists were invited to go to Hartford for the unveiling.
This is an example of one of the three most basic evasions politicians and bureaucrats at all levels of government use to avoid disclosing embarrassing documents requested by journalists.
These three include:
* Sure, we'll give you those documents but first we have to charge you $30 quadzilion for us to copy them.
* Yes, we will give you those documents but first we will have to charge you $30 quadzillion to reprogram our computers.
* Of course you can see those documents, but you can't take them with you or make copies of them.
Here's why the politicians and bureaucrats who use these three evasions are giving their journalist tormentors the idiot's treatment: First, they figure the journalist is too bashful to challenge the copying cost.
Second, they figure the journalist won't demand documentation of the fairy tale "reprogramming cost." Third, they figure the journalist will meekly accept and won't instead file a FOIA lawsuit demanding copies of all of the documents now.
The tragedy is that too often the evasive politician or bureaucrat knows his journalist requestor better than the journalist knows the laws protecting the public's right to know. In their defense, the journalist frequently knows that in the final analysis he or she has no real options because his publisher won't or can't afford the cost of litigation, and so throws in the towel at the first sign of opposition or resistance to an FOIA request.
So the question now is what will be the response from Mainstream Media outlets like The New York Times, The Washington Post and CBS News, plus the big professional journalism organizations like the American Society of Newspaper Editors (ASNE), Investigative Reporters and Editors (IRE) and the Society of Professional Journalists (SPJ).
doityourselfweat her com

Waterbury, CT

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#165
Feb 5, 2009
 
(cont.)
Will they simply go away like nothing important just happened, go through the motions of meaningless protest or actually do something concrete like jointly tell Dodd to stop playing games or risk the consequences of a lawsuit, including a discovery process relentlessly pursued and with every detail made public?
My guess is that they will do nothing because Dodd is a Democrat and he will be protected just as they have protected House Financial Services Committee Chairman Rep. Barney Frank (D-MA), Clinton administration officials like former OMB Director Franklin Raines, and the many Democrat donors and operators like Mozilo who made millions through their associations with Fannie Mae and Freddie Mac. They forced lenders to lend billions to unqualified buyers, shielded the process from public exposure and accountability and then cried "Wall Street greed" when their Ponzi scheme exploded and the economy tanked.
doityourselfweat her com

Waterbury, CT

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#166
Feb 5, 2009
 

Judged:

1

1

1

(Part 1)

Tapscott's Copy Desk:
Dodd gives journos the idiot's treatment on mortgage document disclosure

POSTED February 3, 2009 | 7:27 AM

There are two kinds of journalists in the world - those who have been been given the idiot's treatment by public officials on a Freedom of Information Act (FOIA) request for public documents, and those who will be.

Believe me, I know because I didn't get inducted into the Freedom of Information Act Hall of Fame for nothing (no, really, I am not making that up. Go here if you think only liberals get such honors.).

Now Senate Banking Committee Chairman Sen, Chris Dodd, D-CN, has pulled what has to be an all-time classic evasion stunt against journalists covering Congress and the economic crisis concerning his promise six months ago to make public all of the documents about his sweetheart loan deal with Countrywide Mortgage.

Dodd invited a select few Connecticut reporters to his office in Hartford Monday and gave them a few minutes to view - but not copy - a small selection of documents that he claims proves he did nothing wrong in accepting special treatment from Countrywide that saved him a reported $75,000 in refinancing a couple of loans worth a total of $800,000. The Wall Street Journal called it Dodd's "Peek-A-Boo Disclosure."

He got the favorable treatment from Countrywide under the lender's "Friends of Angelo" program, which Portfolio.com exposed last year as the influence-peddling tool of Angelo Moziolo, Countrywide's founder. Lots of Washington and California poliiticians got special loan treatment in return for ... well, the Democratic-controlled Congress hasn't exactly been eager to answer that question.

Anyway, note that Dodd staged this Potemkin disclosure back home, not here in Washington, D.C., and that apparently no Washington-based journalists were invited to go to Hartford for the unveiling.

This is an example of one of the three most basic evasions politicians and bureaucrats at all levels of government use to avoid disclosing embarrassing documents requested by journalists.

These three include:

* Sure, we'll give you those documents but first we have to charge you $30 quadzilion for us to copy them.

* Yes, we will give you those documents but first we will have to charge you $30 quadzillion to reprogram our computers.

* Of course you can see those documents, but you can't take them with you or make copies of them.

Here's why the politicians and bureaucrats who use these three evasions are giving their journalist tormentors the idiot's treatment: First, they figure the journalist is too bashful to challenge the copying cost.

Second, they figure the journalist won't demand documentation of the fairy tale "reprogramming cost." Third, they figure the journalist will meekly accept and won't instead file a FOIA lawsuit demanding copies of all of the documents now.

The tragedy is that too often the evasive politician or bureaucrat knows his journalist requestor better than the journalist knows the laws protecting the public's right to know. In their defense, the journalist frequently knows that in the final analysis he or she has no real options because his publisher won't or can't afford the cost of litigation, and so throws in the towel at the first sign of opposition or resistance to an FOIA request.

So the question now is what will be the response from Mainstream Media outlets like The New York Times, The Washington Post and CBS News, plus the big professional journalism organizations like the American Society of Newspaper Editors (ASNE), Investigative Reporters and Editors (IRE) and the Society of Professional Journalists (SPJ).
doityourselfweat her com

Waterbury, CT

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#167
Feb 5, 2009
 

Judged:

1

1

1

(cont.)
Will they simply go away like nothing important just happened, go through the motions of meaningless protest or actually do something concrete like jointly tell Dodd to stop playing games or risk the consequences of a lawsuit, including a discovery process relentlessly pursued and with every detail made public?

My guess is that they will do nothing because Dodd is a Democrat and he will be protected just as they have protected House Financial Services Committee Chairman Rep. Barney Frank (D-MA), Clinton administration officials like former OMB Director Franklin Raines, and the many Democrat donors and operators like Mozilo who made millions through their associations with Fannie Mae and Freddie Mac. They forced lenders to lend billions to unqualified buyers, shielded the process from public exposure and accountability and then cried "Wall Street greed" when their Ponzi scheme exploded and the economy tanked.
MrLogical

United States

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#168
Feb 5, 2009
 
Next election:

D U M P D O D D
dave

Glastonbury, CT

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#169
Feb 5, 2009
 

Judged:

1

senator dodd and barney frank are hall of famers in the halls of congressional corruption. he is a disgrace to himself and country. his arrogance is is beyond pale, he epitomises all that one should be ashamed of,i cannot believe he a senator,much less ours.
Mr Dude

Peabody, MA

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#170
Feb 7, 2009
 
Alice McBeak wrote:
He's a crook. Forget Countrywide - he facilitated the destruction of the American economy by getting in bed with the bankers and the hedge fund traders ... not only did they gut the mortgage markets and destroy home values and put millions out of work, they have gained control of the energy market (see 60 Minutes).
Thanks Chris. You POS criminal collaborator.
yeah and people punk azz people criticize me for the truthfull comments i made east haddam dirty grocery store snotty lady in the health care dept in east haddam east haddam home of mr dude he really brings out the best in this town from hell right
Mr Dude

Peabody, MA

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#171
Feb 7, 2009
 

Judged:

2

2

oh how i miss lindas lunch box in moodus

the breakfest scene is far from superb in East Eaddam

folks want a Mc ds in east haddam for befast

I have mikey d stock i luv their cash divedends

microsoft my cash div stocks are awesome

which is more than i can say for most people

in east haddam finance wize like the snotty lady at the health dept

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