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AP IMPACT: Dodd, Conrad told deals were sweetened
Associated Press ^ | Jul 27 04:46 PM US/Eastern | By LARRY MARGASAK

Posted on 07/27/2009 2:07:42 PM PDT by ronnietherocket2

WASHINGTON (AP) - Despite their denials, influential Democratic Sens. Kent Conrad and Chris Dodd were told from the start they were getting VIP mortgage discounts from one of the nation's largest lenders, the official who handled their loans has told Congress in secret testimony.

Both senators have said that at the time the mortgages were being written they didn't know they were getting unique deals from Countrywide Financial Corp., the company that went on to lose billions of dollars on home loans to credit-strapped borrowers. Dodd still maintains he got no preferential treatment.

(Excerpt) Read more at breitbart.com ...


TOPICS: Crime/Corruption; Government; News/Current Events; US: Connecticut; US: North Dakota
KEYWORDS: 111th; chrisdodd; conrad; countrywide; crisis; dodd; kentconrad
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This is heartening as Dodd is running into more problems with accepting deals, but disappointing as I believe Conrad is more to the right on Energy and Healthcare.

The good news is that the AP included the party in the first sentence.

1 posted on 07/27/2009 2:07:43 PM PDT by ronnietherocket2
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To: ronnietherocket2

Also, since this is my first thread, please let me know if I did anything incorrectly.


2 posted on 07/27/2009 2:08:46 PM PDT by ronnietherocket2
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To: ronnietherocket2

I’ll betcha the AP is sniffing the birther downfall of the abamanation... what a scoop!!


3 posted on 07/27/2009 2:09:23 PM PDT by bareford101 (the obamanation is a COUNTERFEIT with a COUNTERFEIT birth cert. & 39 different ss cards)
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To: ronnietherocket2

You did just fine! Better than I do! ;-)


4 posted on 07/27/2009 2:11:55 PM PDT by RushIsMyTeddyBear (Obama. Clear and Pres__ent Danger.)
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To: ronnietherocket2
Also, since this is my first thread, please let me know if I did anything incorrectly.

Perfectly done.

5 posted on 07/27/2009 2:12:15 PM PDT by TexasNative2000 (Bush was the dumbest sounding smart President, and Obama is the smartest sounding dumb President.)
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To: ronnietherocket2
Welcome Noob!

Outstanding job of posting.

6 posted on 07/27/2009 2:15:40 PM PDT by TexasCajun
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To: ronnietherocket2

I bet AP was working overtime trying to figure a way to spin this in a positive lite for Conrad/Dodd.


7 posted on 07/27/2009 2:15:49 PM PDT by devane617 (Republicans first strategy should be taking over the MSM. Without it we are doomed.)
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To: ronnietherocket2
(Putting envelope to forehead Carnac-like:)

I predict a Breaking News story from the AP within 24 hours of "Shocking" new information about the Bush administration trying to kill terrorists, and how this could result in indictments, and proves the CIA lied, and so on and so forth.

8 posted on 07/27/2009 2:18:31 PM PDT by Darkwolf377
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To: TexasNative2000

Senator Dodd, meet The Bus.


9 posted on 07/27/2009 2:20:05 PM PDT by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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To: ronnietherocket2
It's time for a good ole spanking Senator Dodd!

But will Harry Reid be man enough to dish it out?

10 posted on 07/27/2009 2:20:14 PM PDT by TexasCajun
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To: ronnietherocket2

Welcome to Free Republic.

You done good!

Vote all ‘em out of office!


11 posted on 07/27/2009 2:20:23 PM PDT by Islander7 (If you want to anger conservatives, lie to them. If you want to anger liberals, tell them the truth.)
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To: ronnietherocket2

Why was the testimony secret? Did it get leaked or was it supposed to be revealed? IF it was leaked I am surprised AP reported on it.

Will this revelation matter?? I hope the public cries foul over it.


12 posted on 07/27/2009 2:21:45 PM PDT by RummyChick
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To: ronnietherocket2

Perfect post and brought a smile to my face as AP articles are definitely changing. Wonder what is going on with them?


13 posted on 07/27/2009 2:27:02 PM PDT by PhiKapMom (Mary Fallin - OK Gov/Coburn/Rubio - Senate 2010 ! Take Back the House/Senate! Stop ZERO!)
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To: ronnietherocket2
"Despite their denials, influential Democratic Sens. Kent Conrad and Chris Dodd were told from the start they were getting VIP mortgage discounts from one of the nation's largest lenders, the official who handled their loans has told Congress in secret testimony.

LOL!


14 posted on 07/27/2009 2:28:32 PM PDT by Spunky (You are free to make choices, but not free from the consequences.)
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To: ronnietherocket2

Looks good to me. Already posting like a pro!


15 posted on 07/27/2009 2:29:02 PM PDT by Norman Bates
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To: ronnietherocket2

Great first thread, but what do I know. I just did my first thread a few days ago, thanks to the help of Freeper Jeff Head. Check mine out. Search for Gatitude Campaign or search for me. FreeRepublic is the best.


16 posted on 07/27/2009 2:29:25 PM PDT by LuvFreeRepublic
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To: ronnietherocket2

Additionally, CNN money has come out with article saying that obamacare is not good.


17 posted on 07/27/2009 2:30:59 PM PDT by mel
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To: Islander7
Vote all ‘em out of office!

TERM LIMITS! No one should stay there that long no matter which party they are in. They start to believe the office belongs to them and can be handed down to family members like an inheritance!

18 posted on 07/27/2009 2:32:26 PM PDT by kcvl
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To: PhiKapMom

I hope they have decided to reject editorial based reporting in favor of fact based.


19 posted on 07/27/2009 2:32:58 PM PDT by ronnietherocket2
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To: ronnietherocket2

It could be cover for Obama.

Obama is just as guilty as the rest of them for the housing meltdown, if not more so.

ACORN are OBAMA buddies and heavily pressured banks to loan to those who couldn’t pay back.

Obama as Senator and candidate was always blaming greedy business and lack of regulation under Bush, and covered up the real culprits.

With the public losing trust in Pelosi and the Dem House and in Obama the Dem President, and with 60 Dem Senators, I suspect the AP of directing voter ire at a few expendable Dem Senators, thinking that will appease voter anger and direct it away from Obama and Nancy (They don’t want House Dems swept from power.).


20 posted on 07/27/2009 2:39:16 PM PDT by txrangerette (Just say "no" to the Obama Cult.)
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To: ronnietherocket2
Also, since this is my first thread, please let me know if I did anything incorrectly.

My only beef would be relating AP to the GOP. The truth knows no party and the GOP has its fair share of politicians that are there for the power and glory - not the truth.

21 posted on 07/27/2009 2:40:22 PM PDT by raybbr (It's going to get a lot worse now that the anchor babies are voting!)
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To: ronnietherocket2

Oh, welcome to FR. Sorry about forgetting that.


22 posted on 07/27/2009 2:40:59 PM PDT by raybbr (It's going to get a lot worse now that the anchor babies are voting!)
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To: ronnietherocket2

Look alright to me.Thanks for posting.


23 posted on 07/27/2009 2:43:51 PM PDT by Dubya (Jesus saith unto him, I am the way, the truth, and the life: no man cometh unto the Father,but by me)
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To: ronnietherocket2

Looks good! (FR usually lets you know if it’s not)

Welcome to FR.


24 posted on 07/27/2009 2:44:43 PM PDT by wolfcreek (KMTEXASA!)
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To: ronnietherocket2; All
Welcome to FreeRepublic. Donate TODAY! FReedom ain't cheap!

25 posted on 07/27/2009 2:45:16 PM PDT by WVKayaker (God grants liberty only to those who love it, and are always ready to guard and defend it.-D.Webster)
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To: TexasCajun
It will go nowhere Dodd will skate. He is acting as teddy in teddycare. 0bama and Holder will protect him.

But.... will he win re-election?

video below

VIDEO

26 posted on 07/27/2009 2:46:57 PM PDT by NoObamaFightForConservatives (Obama, the first ever 3 in a half year, lame duck TOTUS)
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To: PhiKapMom

Because Zero’s poll numbers are dropping like a lead balloon...


27 posted on 07/27/2009 2:49:03 PM PDT by BigMacGOP
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To: ronnietherocket2
Can Peter Schiff Unseat Chris Dodd in 2010?
28 posted on 07/27/2009 2:49:33 PM PDT by NoObamaFightForConservatives (Obama, the first ever 3 in a half year, lame duck TOTUS)
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To: ronnietherocket2
"the official who handled their loans has told Congress"

That's gonna leave a mark.

BRIBES!!! CORRUPTION!!!

29 posted on 07/27/2009 2:50:36 PM PDT by Uncle Miltie (It's the spending, stupid!)
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To: ronnietherocket2

Chickens coming home to roost ... LOL ...


30 posted on 07/27/2009 2:51:46 PM PDT by STARWISE (The Art & Science Institute of Chicago Politics NE Div: now open at the White House)
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To: ronnietherocket2

and the RATS, take another one in the..............................HA ha!!!

31 posted on 07/27/2009 2:57:26 PM PDT by Chode (American Hedonist -ww- I AM JIM THOMPSON!)
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To: ronnietherocket2
Despite their denials, influential Democratic Sens. Kent Conrad and Chris Dodd were told from the start they were getting VIP mortgage discounts from one of the nation's largest lenders

He lied over and over again and he's still in charge of a the committee? Democrats specialize in forcing Republicans to resign while maintaining their own longevity.

32 posted on 07/27/2009 2:59:09 PM PDT by alrea (20% unemployment called "change and hope" coming to a city near you)
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To: ronnietherocket2

I’m glad this is hitting the fan, but I’m almost as upset that what was supposed to remain “secret,” didn’t.


33 posted on 07/27/2009 3:11:24 PM PDT by ConservativeMind (The UN has never won a war, nor a conflict, but liberals want it to rule all militaries.)
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To: mel
CNN money has come out with article saying that obamacare is not good.

Ted Turner probably sent that writer to a new position at the Snellville Times.

34 posted on 07/27/2009 3:11:46 PM PDT by alrea (20% unemployment called "change and hope" coming to a city near you)
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To: PhiKapMom
Perfect post and brought a smile to my face as AP articles are definitely changing. Wonder what is going on with them?

Just another sign of the end times.... Next thing you know, they'll be running flattering stories about Palin's deep intellect and global experience!

35 posted on 07/27/2009 3:17:16 PM PDT by April Lexington (Study the constitution so you know what they are taking away!)
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To: txrangerette
It could be cover for Obama.

I love the sound of hand cuffs in the morning...

36 posted on 07/27/2009 3:18:21 PM PDT by April Lexington (Study the constitution so you know what they are taking away!)
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To: ronnietherocket2

ping


37 posted on 07/27/2009 3:22:02 PM PDT by Rumplemeyer
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To: ronnietherocket2

The GOP has got to find a way to beat Dodd in 2010!!


38 posted on 07/27/2009 3:43:20 PM PDT by SideoutFred (B.O. Stinks...it really does)
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To: ronnietherocket2

39 posted on 07/27/2009 3:51:11 PM PDT by GalaxieFiveHundred
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To: SideoutFred

Governor Rell (R) appears to be popular in Connecticut, and she just had several budget vetoes overturned by the democrat controlled Connecticut legislature, so there is a chance to beat Dodd in that state. I think pressing the corruption issue along with pointing out the financial irresponsibility of the dems will help.


40 posted on 07/27/2009 3:51:19 PM PDT by pieceofthepuzzle
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To: ronnietherocket2

As someone who has posted 6,644 threads and 75,473 replies, I am pleased to tell you that you did just fine. We are glad you are here.


41 posted on 07/27/2009 3:53:24 PM PDT by doug from upland (10 million views of .HILLARY! UNCENSORED - put some ice on it, witch)
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To: ronnietherocket2

Tar them and run them off.


42 posted on 07/27/2009 3:54:18 PM PDT by Big Horn (Rebuild the GOP to a conservative party)
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To: April Lexington

When that happens, I will know they have new management. :)


43 posted on 07/27/2009 3:55:48 PM PDT by PhiKapMom (Mary Fallin - OK Gov/Coburn/Rubio - Senate 2010 ! Take Back the House/Senate! Stop ZERO!)
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To: ronnietherocket2

44 posted on 07/27/2009 3:56:13 PM PDT by Typical_Whitey (Imagine if Bush had said the police acted stupidly when a black cop arrests a mouthy KKK member.)
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To: ronnietherocket2
HERE YOU GO FROM OVER A YEAR AGO -----

Skip to comments.DFU SONG: Home on the Range (Chris Dodd and his sweetheart Friends of Angelo Countrywide loans)
DFU News of the Day in Song ^ | 6-14-08 | Lyrics, Doug from Upland

Posted on 06/14/2008 7:27:37 AM PDT by doug from upland

MIDI - HOME ON THE RANGE



45 posted on 07/27/2009 3:56:13 PM PDT by doug from upland (10 million views of .HILLARY! UNCENSORED - put some ice on it, witch)
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To: ronnietherocket2
These thugs need to be sentenced to a real live circular firing Squad.
46 posted on 07/27/2009 4:00:27 PM PDT by Carry_Okie (They were the Slave Party then; they are the Slave Party now.)
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To: ronnietherocket2

Excellent first post. welcome to FR!

Also of note from the article:

“Other names that have surfaced as “friends” of Mozilo include James Johnson, a former head of Fannie Mae who later stepped down as an adviser to Barack Obama’s presidential campaign, and Franklin Raines, who also headed Fannie Mae. Still other “friends” included retired athletes, a judge, a congressional aide and a newspaper executive.”

hmmmmm....Do we have the names of these ‘other’ people or is it being kept secret?


47 posted on 07/27/2009 4:01:54 PM PDT by penelopesire ("The only CHANGE you will get with the Democrats is the CHANGE left in your pocket")
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To: ronnietherocket2

Why is that testimony secret?


48 posted on 07/27/2009 4:03:04 PM PDT by NonValueAdded (What if the Sanction of the Victim is withdrawn?)
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To: ronnietherocket2
Conrad initially said in June 2008, "If they did me a favor, they did it without my knowledge and without my requesting it."

The next day, Conrad changed course after reviewing documents showing he got special treatment, and said he was donating $10,500 to charity and refinancing the loan on the apartment building with another lender. He also said then it appeared Countrywide had waived 1 point at closing on the beach house.

Typical Democrat. As long as they don't have the goods on you, deny. Once they catch you red handed, give your ill-gotten gain to charity.

49 posted on 07/27/2009 4:32:28 PM PDT by Brilliant
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To: ronnietherocket2

BTT!


50 posted on 07/27/2009 4:59:25 PM PDT by MNJohnnie (Obamanomics: we have to destroy the US Economy in order to save it!)
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