COTTAGE?
| This thread has been locked, it will not receive new replies. |
| Locked on 02/24/2009 7:49:42 AM PST by Sidebar Moderator, reason: |
Posted on 02/24/2009 6:31:35 AM PST by NavySEAL F-16
An intriguing item here from the dogged Kevin Rennie of the Hartford Courant that highlights a classic example of why ordinary citizens become cynical about politicians and the way business in Washington is conducted.
Silver-haired Senator Christopher Dodd, chairman of the Senate Banking Committee, has already been getting a lot of heat for his two 2003 VIP mortgage loans from Countrywide, one of the major actors in triggering the current financial crisis.
(Excerpt) Read more at blogs.telegraph.co.uk ...
Not really so different than how Obozo got his little Chicago dream home, is it?
It ticks me off to no end that I have to learn this through a British newspaper. Where the hell is the American press on this?
I love it when sanctimonious liberals go after each other. But, they know in this environment it’s all in good fun and no harm will come of it.
Aye, a congress criter is never guilty as long as he can hold on a safe seat and not fall off.
‘[C]onsiderable murkiness surrounds the financial arrangements for the purchase of’ Obama’s Chicago mansion!
Dodd is an honorablee Senator representing many hard working people of Connecticut
Surely he would nor intentionally undervalue an Irish vacation home because that would reduce his taxes in an unethical way
s-a-r-c
Navy -
Have you seen the article in today’s Wall Street Journal re: the Bidens and crook R. Allen Stanford? Page C1. More Dem shenanigans. I still haven’t figured out how to post news articles.
12
Sorry mgc - I meant the comment for both you and Navy but forgot your handle when I started posting. A senior moment. 12
‘COTTAGE in IRELAND’ PING!!
Go look at the picture! Dodd has been reporting it’s value as $250,000...but estimates put it at 1 MILLION OR MORE!!
Goes back to the Clintoon days..insider trading and pardons!!
JUST WOW!!
COTTAGE?
Re. Bidens/Stanford
Related threads:
http://www.freerepublic.com/focus/f-news/2192544/posts
http://www.freerepublic.com/focus/f-news/2192622/posts
(no link)
Dodd ‘s valuation of Irish cottage raises eyebrows
Journal Inquirer (Manchester, CT) - Saturday, June 23, 2007
Author: Don Michak ; Journal Inquirer
In the newest round of annual financial interest statements filed last month by members of Congress, U.S. Sen. Christopher J. Dodd again disclosed his ownership of a cottage in the west of Ireland.
Dodd has been making summer retreats to the two-bedroom cottage on the island of Innishnee in County Galway’s Connemara district for more than a decade, so much so that locals are said to refer to him fondly as “the senator from Inishnee .”
A regional newspaper, The Galway Independent, also reports that the Democratic senator from Connecticut is well known there as an adjunct professor in the political science and sociology department of the National University of Ireland, about 50 miles from Innishnee in Galway City.
But it is Dodd ‘s current status as a candidate for 2008 Democratic presidential nomination that has drawn more attention to his holdings, and particularly to the value he assigned his principal asset — the Inishnee cottage — in his latest disclosure statement.
Take, for example, DoChara’s Ireland Blog, an Internet site that bills itself as an “Unofficial Guide to Ireland.”
In a comment posted Monday, the site’s Irish editor and a professional Web designer, Katherine Nolan, suggested that Dodd “certainly has an eye for property,” noting that while the senator has valued the cottage at between $100,000 and $250,000 on congressional disclosure forms, it is more likely worth far more.
“Now maybe Mr. Dodd has not had time to keep up with the property market in Ireland, or is unaware of Ireland’s climbing cost of living, but let me tell you that if he is planning to sell at anything even remotely close to that range he will be beating away potential buyers with a stick,” she wrote.
“You couldn’t buy a hovel in Galway for that money, and apparently the cottage in question is a very nicely restored affair on the idyllic island of Inishnee , close to the coast in the fashionable Roundstone area of Connemara.”
“Think 600,000 euros to 800,000 euros and you’re getting warm!” she added. “That’s getting on for a cool $1 million, Maybe he thought nobody would believe him; he’s probably right.”
To be fair, Dodd specifically noted on his latest congressional filing that the $100,000-$250,000 value was based on an “appraisal at the time of purchase.”
He had not included that phrase on a similar filing made earlier this year as a presidential candidate, nor had he made the same qualification on several previous congressional filings.
The senator also reported in May that last year he collected between $5,000 and $15,000 by renting out the cottage, on which he took out a 20 year, variable-rate mortgage in 2002.
(snip)
We live in Midieval-like times....our political leaders are the Nobles and we the constituents are the lowly Serfs. Think about it....what’s the difference other that we have more technology here in modern times.
Sen. Dodd's measly little Irish "cottage" on 10 acres he values at between $100,000 to $250,000.
###
Near comparable .. on 6 acres in Galway:
EUR 598,000
£ 524,270*
US$ 759,807*
Good lord..we need to start demanding that these dems get hauled in front of an ethics committee at the very least. I don’t think many people paid attention to any articles about Dodd when he was running for President because everyone knew he had a snow ball chance in hell of winning.
However..it is very relevant now due to his other nefarious dealings and his chairmanships in the Senate.
DEMOCRAT CULTURE OF CORRUPTION!
Dodd on now ‘grilling’ Bernanke at the Senate Banking Committee!
The nerve of that man! LYING THIEVING PIRATES!!
Is sleamhuin leac dorus tigh moir.
Visions of barrels....barrels of putrid, liquified brown sludge...sewage that is.....sewage dumping upon the heads of the corrupt modern day aristocrats parading as elected leaders....for each dollar stolen from the American taxpayer pays for a barrel of sewage sludge....we baptize our corrupt cronies in a bath of sewage....recyclable stuff for enviromentally friendly concerns.
Actually, if you had read the article you would have known that it was based upon an op-ed from the Hartford Courant.
ML/NJ
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.