Rep. Jeb Hensarling (R-TX) called for a Congressional investigation into the Countrywide Congressional Mortgage Scandal on Tuesday. Hensarling is the chairman of the Republican Study Committee, a conservative bloc that represents more than half the House GOP membership
The Texas representative is wondering why Speaker Pelosi, who said she wanted "the most open and ethical Congres in history", will not hold an investigation?
...Could it be because 9 out of the 10 members involved in the scandal are Democrats?
Rep. Jeb Hensarling appeared on Hannity and Colmes on Tuesday to discuss the sweetheart scandal that involves Senators Conrad and Dodd, both Democrats, who were caught in the loan sleaze this past week.
Hensarling was very poised considering he was constantly interrupted:
(2 minutes 53 seconds)
Rep. Hensarling was excellent! If you have not been following this growing scandal, Hensarling explains it well in the video.
Two influential Democratic senators and a former Clinton official were caught in a loan sleaze this past week.
Nutroots favorite Senator Chris Dodd (D-Con.) on right, and Senator Kent Conrad (D-ND), on left, received special loans that saved them thousands of dollars.
Not only that, but Countrywide also contributed $21,000 to Sen. Dodd's campaigns.
But, Senators Dodd and Conrad insist they are innocent!
In fact, Dodd says he viewed the mortgage treatment as a courtesy and that he didn't know VIP meant perks!!
Senator Dodd is chairman of the Senate Banking Committee, while Senator Conrad is chairman of the Budget Committee and a member of the Finance Committee.
Previously:
2 Influential Democrat Senators Caught in Loan Sleaze
Sen. Kent Conrad (D-ND) Caught Lying About Angelo Mozilo?
Senator Conrad Backtracks... Admits He Was Given Preferential Treatment On Mortgage
Good. They should hold hearings pronto. There is more democrats on the list that will show up.
ReplyDeleteGreat youtube on Dodd's sleaze
ReplyDeletehttp://youtube.com/watch?v=fGzrr3HlnyQ
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ReplyDelete"i did not know i saved $75,000"
does anyone know of a loan company that doesn't try to sell a loan by informing the client of how much they're saving by going through them vs a competitor??
is it any wonder our Congress critters have no idea what they're doing if they don't even know under what terms they signed off on a personal loan??
ps: think he would have taken note
if they overcharged him $75,000??
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politicians,
ReplyDeletewhat about those house perks again, free lease cars, gas, insurance, fees?
"NEW YORK (CBS) ― You may not realize it, but members of the House of Representatives can lease a car and have it paid for by you -- the taxpayer. And it's not just the car, but gas, registration, insurance … the works."
Charlie Rangel and other New Yorkers were reported on. He drives a Cadillac Deville at $774/month.
Our tax dollars pay for him to sit fat, not pay for any gas, etc., or the lease. This explains why they cannot identify with anyone.
AT 1,000 month avg, 6 reps/state, that is roughly 3,600,000/yr for these fat cats to drive their cadillacs on our tax dollars. For 20 years, 72,000,000. And we wonder why they cannot balance a budget.
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ReplyDeleteDem scandals are 'badges of courage'
according to the party politocracy..
posted in previous thread..
excerpts:
[While the figures behind Enron were calculator-busting, the problems at Fannie Mae were greater: roughly $11 billion in earnings restatements. That’s about 19 times more than Enron’s accounting “errors.”]
[Connections to the halls of power can make any story front-page news. Fannie Mae and Enron had no shortage of those. They employed two of the most generous campaign contributors in the nation. The media tried to link the leadership at Enron to the Bush administration and to several key figures in Congress. On the other hand, the broadcast media had nothing to say about the unambiguous connections between Fannie Mae board members and the Clinton administration.]
[Jamie Gorelick was Deputy Attorney General under Clinton. Fannie Mae board member Jack Quinn was the attorney for pardoned tax evader Marc Rich. Fannie also has one of the largest lobbying budgets in Washington. A Feb. 24, 2005, article in The Washington Post reported that Fannie “paid its lobbying corps about $5 million in the first six months of last year.”]
[Gasparino replied: “Well, Fannie Mae is a very politically corrupt – it may be politically corrupt, but it’s a politically correct company. I mean, they do all the things that, let’s face it, liberal journalists like, like put home mortgages out there for poor people. And so right now, beating up on Fannie Mae is kind of politically incorrect.”
The next exchange was telling. Carlson deduced: “So, because it’s not part of the tobacco industry or an energy company, it gets a pass from the press?”
Gasparino agreed: “Right. It’s not related to George Bush.]
Q: is the media bias??
A: no you right-wing-nut!!
Q: is there a double standard in the media??
A: no you neocon!!
Q: does the MSM lie??
A: no you Bush lover!!
etc, etc, etc..
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ReplyDeletere: bg @ 11:57 AM..
oops, forgot to highlight the following excerpt:
[Gasparino replied: “Well, Fannie Mae is a very politically corrupt – it may be politically corrupt, but it’s a politically correct company. I mean, they do all the things that, let’s face it, liberal journalists like, like put home mortgages out there for poor people. And so right now, beating up on Fannie Mae is kind of politically incorrect.”]
imo, a similar vein runs through both Political Correctness & Political Islam (ie: both censor information & silence debate)..
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