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Dodd: Administration pushed for language protecting bonuses (Dodd Throws Obama under The Bus)
CNN ^ | 3-18-09 | Ed Hornick Kristi Keck

Posted on 03/18/2009 5:56:04 PM PDT by icwhatudo

Dodd acknowledged his role in the change after a Treasury Department official told CNN the administration pushed for the language.

Both Dodd and the official, who asked not to be named, said it was because administration officials were afraid the government would face numerous lawsuits without the new language.

---snip--

"I agreed reluctantly," Dodd said. "I was changing the amendment because others were insistent."

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


TOPICS: Breaking News; Business/Economy; Government; News/Current Events; US: Connecticut
KEYWORDS: 111th; aig; bho2009; bho44; christopherdodd; circus; connecticut; dodd; doddfrank; glasssteagall; obama; obamabusbozo
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To: Mad_Tom_Rackham
Sorry, there is no more room under the bus.


121 posted on 03/18/2009 11:48:06 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: maggief
"So much for the promises of transparency and accountability."

Anyone taking Obama's promise or position seriously on any matter of importance to them -- deserves to be abused as a sucker.

122 posted on 03/19/2009 12:16:31 AM PDT by river rat (Semper Fi - You may turn the other cheek, but I prefer to look into my enemy's vacant dead eyes.)
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To: Volunteer
"This is going to end very badly for us poor tax payers, isn’t it?"

Bad for us, for sure -- but horrible and crippling for our grandchildren....

It is they who will curse us for allowing this to happen...

123 posted on 03/19/2009 12:18:26 AM PDT by river rat (Semper Fi - You may turn the other cheek, but I prefer to look into my enemy's vacant dead eyes.)
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To: icwhatudo; All

This seems like HUGE news. I wonder how long they’ll play this for...?


124 posted on 03/19/2009 12:30:23 AM PDT by Rick_Michael (Have no fear "President Government" is here)
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To: devane617
"I believe Dodd is in a world of hurt. I think heads will fall in the next few days."

Yes, a lot of heads will roll in Obama's dumbass attempt to protect his boy Geithner, even proposing to creat a whole new government agency with a "bailout czar" (and scapegoat) heading it.

After the initial political massacre, Geithner will probably go under the bus and Obama will read a stirring and healing speech off his teleprompter.

125 posted on 03/19/2009 4:20:01 AM PDT by cake_crumb (Obama is so far out of his depth that he's in unstable orbit.)
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To: Shermy
"Law suits. That’s it! They’re scared of law suits by guys from AIG who will go to juries and tell them how innocent they are, please give us millions."

I have a slightly different take on that: Obama's handlers pushed for the language as bait to hook companies into giving bonuses, which would then be used as an argument to expand government even more exponentially and nationalize the banks.

126 posted on 03/19/2009 4:28:26 AM PDT by cake_crumb (Obama is so far out of his depth that he's in unstable orbit.)
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To: romanesq
"Only anything related to politics/policy, smoking, his Blackberry, his teleprompter, his career as "a professor of Constitutional law", his voting record, birth certificate and political experience. On everything else his 100% honest."

Fixed it for ya.

127 posted on 03/19/2009 4:32:57 AM PDT by cake_crumb (Obama is so far out of his depth that he's in unstable orbit.)
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To: Volunteer
"This is going to end very badly for us poor tax payers, isn’t it?"

Who says this nightmare is going to end? Dear Leader wants to set up a whole new government agency just to take care of bailouts. That has a very ominous and very permanent ring to it.

128 posted on 03/19/2009 4:47:03 AM PDT by cake_crumb (Obama is so far out of his depth that he's in unstable orbit.)
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BREAKING: I was responsible for bonus loophole, says Dodd
(Dodd thrown under bus by obama)
CNN Political Ticker | 3-18-09
Posted on 03/18/2009 3:35:37 PM PDT by utahson
http://www.freerepublic.com/focus/f-news/2209473/posts


129 posted on 03/19/2009 5:34:37 AM PDT by SunkenCiv (https://secure.freerepublic.com/donate/____________________ Profile updated Monday, January 12, 2009)
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To: Polarik
Image and video hosting by TinyPic

130 posted on 03/19/2009 5:41:09 AM PDT by SunkenCiv (https://secure.freerepublic.com/donate/____________________ Profile updated Monday, January 12, 2009)
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The dishonest “Blame Dodd” scheme from Treasury officials
-(or Dems eating your own)
salon.com | March 17 2009 | Glenn Greenwald
Posted on 03/18/2009 4:11:02 AM PDT by blueyon
http://www.freerepublic.com/focus/f-news/2208929/posts

Bonuses allowed by stimulus bill
(CNN outs Senate Banking Committee Chairman Chris Dodd)
cnn | 3/18/2009 | Dana Bash and Ted Barrett
Posted on 03/18/2009 4:19:03 AM PDT by tobyhill
http://www.freerepublic.com/focus/f-news/2208932/posts


131 posted on 03/19/2009 5:42:53 AM PDT by SunkenCiv (https://secure.freerepublic.com/donate/____________________ Profile updated Monday, January 12, 2009)
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To: VOR78

IMHO, ever red-blooded patriotic American who votes should write their Congressmen and Senators, at state level too, and demand that any elected official or candidate that received one penny in 2008 from any corporation that received bailout money from the US Treasury (which is totally unConstitutional) hand it back to the government to be put back into the central bank or general fund worse case.


132 posted on 03/19/2009 5:49:32 AM PDT by RSmithOpt (Liberalism: Highway to Hell)
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To: MHGinTN

You must understand that The Marxist Onada believes—or any leftist—anything he says at the time he says it. Expediancy is what’s important—not facts, truth or common sense.

Of course, this BS would not fly if the MSM did its traditional job. But, alas, that is such a quaint notion these days.


133 posted on 03/19/2009 6:31:54 AM PDT by dools007
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To: Shermy

I thought it was near impossible to sue the government. Aren’t they the Untouchables?


134 posted on 03/19/2009 6:58:18 AM PDT by 3catsanadog (I plan to give the new President the same respect and dignity the other side gave Bush.)
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To: MaxMax

I don’t see how he’s going to get a line-item veto, what with it being unConstitutional and all. Oh...wait...


135 posted on 03/19/2009 7:21:42 AM PDT by cauzneffct
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To: Bronzewound
“And these people want to manage my health care?!”

Yes, instills you with confidence, no?

Considering 0bama’s record of appointments, his head of socialized medicine will probably be a guy caught for blatant malpractice. Why not, we got a tax cheat in charge of the treasury?

136 posted on 03/19/2009 7:25:45 AM PDT by allmendream ("Wealth is EARNED not distributed, so how could it be redistributed?")
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To: Shermy
Someone sent me email last week AIG is where Congress $$$$$ are invested? And Rush said something about it also. But I have seen no prove of it and not many talking about it.
137 posted on 03/19/2009 8:17:40 AM PDT by ducks1944 (GOD Bless the USA .)
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To: dools007
Of course, this BS would not fly if the MSM did its traditional job. But, alas, that is such a quaint notion these days.

I think the MSM is going to skip reporting on the screw-ups until they get to the point that they realize that everything is turning into a screw-up!

138 posted on 03/19/2009 8:32:52 AM PDT by Repealthe17thAmendment (Is this field required?)
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To: wolf24
I see what you are saying, but if AIG had been forced to file for Chapter 11 we wouldn’t have to discuss it.

The government prevented Chapter 11 and facilitated this money laundering scheme.


The Bush Administration made this decision.
139 posted on 03/19/2009 12:21:05 PM PDT by kenavi (Want a real stimulus? Drill!)
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Comment #140 Removed by Moderator


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