Monday, January 5, 2009

Celebrating Corruption

From the National Review Online, a fictional (but honest) Democrat celebrates what his party has become, led by Chris Dodd:
Best of all, we are the party of the ineffable Christopher Dodd (D., Countrywide), another recent “presidential candidate” who in appearance and demeanor is a throwback to the great days of Tammany mugs. It was Dodd, the chairman of the Senate Banking Committee, who got a sweetheart mortgage deal as a “Friend of Angelo” Mozilo, the disgraced former head of Countrywide Financial; Dodd who steadfastly denied that Fannie Mae and Freddie Mac were in trouble — perhaps his status as the No. 1 recipient of their campaign largesse had something to do with his unshakeable faith in them; and Dodd who has promised to release the paperwork concerning his hinky mortgages but, of course, hasn’t.


Still, as the Connecticut Post recently editorialized: “[Dodd] says there was nothing untoward about the mortgage rate he received from Countrywide Financial, a company that was heavily involved in the nationwide mortgage collapse. He feigns indignance each time the issue is raised. But he can make the questions stop easily. All he has to do is release documents on two mortgages from Countrywide, each of which seemingly came in with interest figures below the going rate. As chairman of the Senate Banking Committee, he should have long ago put this issue to rest.”

But what’s the rush? Like one of the patron saints of Tammany Hall, Richard “Boss” Croker, Dodd’s little tin box has bought him a fine getaway estate in the Ould Sod. Dodd’s little manse in County Galway ought to come in handy when the Senate “Ethics” Committee starts closing in.
It would be funnier if it weren't true, or if it weren't in my home state.

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