July 21, 2009
Democrat Senator Christopher Dodd is trying to distance himself from the financial industry. That is to say, from being their “bestest” friend. If you’ve paid any attention to the news lately, you couldn’t have missed the reports on this matter. For decades Dodd has been lapping up money from the financial industry and returning those favors with banker-friendly legislation. Now it’s not cool to have that label.
According to many reports, this being one of them, Dodd, who chairs the Senate banking committee, is spending big bucks on campaign ads that bash the banking industry. But this is a complete turn around for Dodd — new territory. For decades he’s been behind much of the legislation that started the give-a-ways to the banks, allowed them to gamble, and take great risk with investor’s money. But now Dodd is worried about getting re-elected.
Dodd is from Connecticut. It will be interesting to see if he can pull off another election. If so, then one of two things will be behind it. He will be successful in lying to his constituents (again) and making them believe it, or he will have heaped enough misery on the financial industry he will be viewed as a hero. Either way will be a travesty if he’s re-elected. Dodd, like many others in Washington, has done enough damage to our country. But if, and when, he does go, he will go with enough personal wealth, retirement income, perks, and health benefits that he will probably be laughing all the way to the bank. All compliments of the working class citizens of our country.
No Comments so far ↓
There are no comments yet...Kick things off by filling out the form below.