Kevin Rennie takes another look at Chris Dodd’s Irish Country Cottage and his conveniently vague and incomplete answers. After fist denying, than admitting, than blaming Treasury (W apparently wasn’t available) for that AIG Bonus Loophole he authored … Rennie says he’s being less than honest about the value of his Irish Ranchero too, and who paid for what. Here’s the link.
That house on nearly 10 waterfront acres in Ireland, the senator maintains, really isn’t much. Only a rickety bridge connects it to the mainland. The Irish real estate boom from 1994 to 2007, he says, missed Inishnee, the island he wandered onto in the late ’80s when he was recognized by an admiring Connecticut constituent. What are the odds? The woman contacted him, Dodd says, several years later when she wanted to sell her property.
In 2001, a new bridge to Inishnee was completed, dedicated and blessed by local priest Father McCarthy. The next year, Dodd, armed with an appraisal by someone who must not have noticed the new bridge, bought out Kessinger’s interest in the property for far less than what the property boom was doing to every other piece of real estate in Ireland.
Maybe Kessinger, who’d spent decades in real estate, wasn’t paying attention to his investment in Ireland. He might have been devoting his time to increasing Kessinger/Hunter and Co.’s share of federal contracts.
Today on Fox 61 Shelly Sindland interviewed Roy Occhiogrosso, who worked on Dodd’s ’04 campaign (full interview here). Two clips. The first… the bonus bailou wasn’t Dodd’s fault … it was … drumroll please …
Of course he fails to mention that Dodd failed to tell the truth and could have stopped the bailouts. He did neither. The second … if not laughable, certainly incredible. Dodd is too busy managing the eonomy and health care to consider the ramifications of the “Bonus Clause”. Makes me rest easier knowing he’s Banking Chairman.
I can understand why Roy Occhiogrosso wants us all to move on. It isn’t going to happen.
*Post title taken from yesterday’s Tea party Protest. Courtesy Powerline.