Democrats won’t let Republicans investigate Washington politicians’ crooked mortgages

The democrats want to subpoena all the VIP mortgage records from Countrywide Financial. You know, the guys who gave sweetheart deals to Democrat Senators Chris Dodd and Kent Conrad.

Democrat Senators Kent Conrad and Chris Dodd, the twin poster boys for the Culture of Corruption
Democrat Senators Kent Conrad and Chris Dodd, the twin poster boys for the Culture of Corruption

Republicans have called the Democrats’ bluff on the culture of corruption. They want to subpoena all the VIP mortgage records from Countrywide Financial. You know, the guys who gave sweetheart deals to Democrat Senators Chris Dodd and Kent Conrad.

The Republicans say they’re willing to take a chance that GOP lawmakers will also be ensnared in the Countrywide mortgage scandal.

Unfortunately, House Democrats are being somewhat less than cooperative. They’ve refused to subpoena records that might reveal if any other members of Congress also got discounted loans and special treatment.

According to congressional rules, only the chairman of a committee can issue a subpoena. New York Democrat Edolphus Towns, chairman of the House Oversight and Government Reform Committee, said he’s just too darn busy stimulating the economy to find out which members of Congress are corrupt.

California Republican Darrell Issa, the senior Republican on Towns’ committee, has repeatedly tried to get Towns to subpoena Countrywide’s records. Towns has turned down each request.

A Bank of America spokesman said it will gladly submit all the documents as soon as it receives a subpoena. “They have it packed and ready to go,” Issa noted.

Do you think it has anything to do with the fact that every politician who’s been ensnared in the Countrywide scandal so far has been a Democrat? And do you think, perhaps, both parties already know exactly who will be named in those records?

Source: Associated Press via Breitbart.com

Would you trust Chris Dodd and Kent Conrad
with your health care?

Appointing Chris Dodd as head of the banking committee and Kent Conrad as chair of the Budget Committee didn’t help the real estate market; now they are in charge of health care?

Senator Kent Conrad indicating how much interest he paid on his Countrywide mortgage
Senator Kent Conrad indicating how much interest he paid on his Countrywide mortgage

Why did America’s real estate market crater?

Appointing Chris Dodd as head of the banking committee and Kent Conrad as chair of the Budget Committee didn’t help.

According to testimony from an official at Countrywide’s VIP division, while millions of Americans struggled to make their house payments, those two Democrat Senators were getting sweetheart mortgage deals from the soon-to-fail bank. And, while they blamed the Bush administration and tax policies for the cratering real estate market, Dodd and Conrad swore they had no idea they were getting a good deal on their mortgages.

After all, who pays attention to things like interest rates when you’re financing a home purchase? Or payment terms? Or the monthly payment amount?

Now, these are the guys that are in charge of a health care fix (fix being the operable term here).

Wonder what health care will be like for U.S. Senators under a Dodd-Conrad health system? Maybe private hospitals will run specials for VIPs:

Free ACL surgery with every kickback.

Bribe one, get one liver transplant free (The Kennedy special).

Ear, nose, and throat visit for earmarks.

Written by Sven Waring of DotPenn.com

Source: Associated Press

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