Posted on 03/25/2009 11:39:32 AM PDT by Jim Robinson
A Republican congressman is calling on President Barack Obama and Senator Chris Dodd to return campaign contributions received from American International Group (AIG).
Representative Steve King (R-Iowa) says Senator Dodd and President Obama rank number-one and number-two respectively on the list of 2008 AIG campaign donation recipients with just over $208,000 total given to the two candidates. Dodd himself is the all-time leader among recipients of AIG contributions with just over $281,000.
King thinks it is outrageous that one of the two politicians removed from the stimulus bill a provision that would have kept AIG executives from receiving huge bonuses.
"Those two really haven't made it real clear which one of them had the most responsibility for the Dodd Amendment, [which] provided the exemption for the ban on the benefits that come from the AIG bailout going as a reward or retention bonuses to the AIG executives," states King.
So the Iowa lawmaker argues that both of the Democrats should return the AIG contributions to avoid any appearance of impropriety...
(Excerpt) Read more at onenewsnow.com:80 ...
btt
At last, a Republican who knows the Skewer.
Really! Obama thinks Dodd should return the AIG money.
Does he think he should return what he received from AIG? Any body else?
That’s might BIG of him! OPM is a Congressional way of life.
Guess ROPM (Return Other Peoples Money) is a principle none of them know.
They should return to their own countries. Dodd to Cuba, Obama to Kenya.
Steve King - Any more on him?
Why worry now?
Oh, yeah.. I forgot the Big Cheese has made a new set of pariahs.
P220, Dodd should resign.
hussein should return the stolen election to the people before he returns anything else.
LLS
Steve King is known to throw out the money changers.
And all those funny foreign credit card donations.
Since the Dodd story broke in June, the five-term senator has offered contradictory fragments of explanations and intentions. Dodd gallops the gamut from calling the allegations of special treatment "outrageous" to pledging repeatedly and specifically to release documents related to the $800,000 in sweetheart deals he got from Countrywide.
Still claiming "there's nothing there," Dodd refuses to say whether his Senate campaign committee's payments of $60,000 last summer to a Washington law firm----- which has a history of representing Democratic senators in trouble-----were for his defense in the Senate ethics investigation of his dealings with Countrywide.
Dodd suggested, before he fled to his third home in Ireland in August, that Countrywide was not cooperating in providing information.
Dodd still claims there was nothing unusual about the $800,000 in mortgages he got from Countrywide in 2003, but records refute that, too. Documents indicate that Dodd was getting a mortgage of $276,150 on his second home in Connecticut on July 3, 2003. The amount was reduced to $275,042 and the mortgage he was refinancing was paid off.
Dodd and his wife also got a home equity loan on their Connecticut property in East Haddam from Countrywide that day.
But the course those loans took was very strange.
============================================
For nearly a year and a half, Countrywide failed (or declined) to secure its interest in Dodd's home by taking the ordinary and essential step of presenting the documents to the local town clerk and recording them in the land records.
The standard routine is for the homeowner to sign the loan documents, the borrowed money is sent to the lender being paid off and the new mortgage is recorded on local land records within a few days.
Dodd, however, signed some (but not all) of his loan documents himself.
Agents of Countrywide signed his $275,042 Connecticut mortgage. His previous mortgage with Countrywide was paid off but the new mortgage did not appear on the local land records for an astonishing 16 months.
For nearly a year and a half, Countrywide failed (or declined) to secure its interest in Dodd's home by taking the ordinary and essential step of presenting the documents to the local town clerk and recording them in the land records. This is exceedingly rare in the mortgage business. Too bad for Dodd mortgages leave detailed paper trails.
Dollars to donuts Dodd is on his hands and knees pleading with Obama to call off the Feds.
How does Countrywide's Angie Mozilo get into his
$170,000 Lamborghini with Sen Dodd in his back pocket?
Wow, I never heard this part before. Whew! This part really stinks!
This is an orchestrated plan thats been in the making for years!
From the beginning, every one connected knew the bonus money was being given.
Then they come out shocked.
Geithner finally admits to knowing about the bonuses he created in the first place. (how the msn treated Timmy is evidence he has big power)
Picking Dodd to take the rap had to be planned. (And he looks very ill)
Giving the bonus money to a charity also must be planned ....
1. the orginal money comes from tax payers
2. give the money to a charity — ACORN type organizations
3. and the money funnels back to Obama and his chosen ones or who ever is controlling Obama.
This is billions of $$$$ that will end up .......?
This is taxpayers money and NEVER has it been mentioned that the money goes back to us the taxpayers!!
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