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Jackie Clegg Dodd making big bucks … since marrying Senator Dodd

Making work pay … Washington DC style. My guess is this isn’t what Hope n Change was talking about. The Courant does the digging. Read more

Sen. Dodd … Meet your latest challenger – Roger Pearson

He starts with hyperbole, he invokes the name of George Soros and yet … watching this is so much fun. His name is Roger Pearson and at least in this interview he asks all the right questions. Like, where was Dodd when the financial house was melting down?

httpv://www.youtube.com/watch?v=VGsQXjJbDEk

Looks like next year is gunna be fun. More about Pearson from Fox News.

Roger Pearson, a Democrat from Greenwich, Conn., told a Hartford Courant columnist this week that he has formed a committee to explore a run for his party’s 2010 nomination.

Pearson, an attorney, lost his previous bid for a congressional seat against then-Rep. Christopher Shays in 1988. In 2006, he endorsed Ned Lamont in Lamont’s Democratic primary victory against Sen. Joseph Lieberman, whose political troubles at the time resembled Dodd’s now, though Lieberman was in hot water with Democrats over his support for the Iraq war. Pearson endorsed Lieberman in the general election when he ran as an independent and defeated Lamont.

Less than 2 percent of Dodd’s first quarter donors Connecticut residents

The statistic is even more laughable when you hear that during the first quarter of 2009, only five Connecticut residents donated to Sen. Chris Dodd’s (D-Conn.) 2010 Senate race. Although Dodd has yet to declare he is running for reelection in 2010, donations are coming in. Out of approximately 400 donors, only five are Connecticut residents.

This should be a strong whack to the head for those of you who think that the federal government is not too big. These donations – totaling more than $600,000 just in the first quarter of 2009, came from people that Chris Dodd does not even represent.

Hat tip to Ed at Hot Air and

Peter Urban, a staff writer for ConnPost.com reports

Dodd raised less from Connecticut residents than he did in 18 other states and the District of Columbia, according to campaign finance documents filed Wednesday.

He took in $90,795 from Massachusetts residents, $81,550 from Texas, $56,150 from Maryland, and $53,400 from New York.

Dodd also collected $437,407 from political action committees, including two based in Connecticut that contributed $7,000. He took in $2,271 from individuals contributing less than $200 each.

Overall, Dodd’s campaign reported ending the first quarter of 2009 with nearly $1.4 million cash on hand, according to campaign finance documents filed Wednesday.

This story – along with similar reports – should be used as “talking points” for the founders of the taxed enough already (TEA) parties. The federal government has incrementally taken more and more power from the states – and the people – and this is the result.

Congress ends up being some sort of ruling class where they feel no need to actually represent their constituents on a full time basis. Their power has grown, and committee chairmen – especially those on appropriations committees – have the power to dictate where federal dollars are spent.

It truly is an old-boys and girls network type of legislative effort when residents from state “A” must contribute to a senator or representative from state “B” to ensure their state gets “their share” of federal dollars for funding to replace traffic lights.

In more Dodd news, President Obama recently mentioned that he’s supporting the Dodd for Senate 2010 campaign. From Boston.com

“I can’t say it any clearer: I will be helping Chris Dodd because he deserves the help,” Obama told the Globe yesterday in a phone interview from Air Force One, as he flew to Mexico on a diplomatic trip.

Oh goody.

Dodd Man Walking – Part 2 – Simmons responds

The troubles continue to mount for Chris Dodd and it’s not jut this amazing piece in today’s Washington Times either.

As Democrats prepared to take control of Congress after the 2006 elections, a top boss at the insurance giant American International Group Inc. told colleagues that Sen. Christopher J. Dodd was seeking re-election donations and he implored company executives and their spouses to give.

The message in the Nov. 17, 2006, e-mail from Joseph Cassano, AIG Financial Products chief executiveve, was unmistakable: Mr. Dodd was “next in line” to be chairman of the Senate Banking …

While Steve correctly points out that the donations come from individuals, in this case they did so at the insistence of an AIG executive with the clear intent of getting the company on the good side of the Chairman of  the Senate Banking Committee. 

Nothing here indicates that AIG was buying Dodd, or that he could be bought, but it calls into question how much independence a Senator can have when his coffers are being filled by the very company he must help regulate. But the troubles for Dodd are just the beginning.

The same is true with the  VIP Countrywide Mortgages. No indication, at least right now, that Countrywide bought anything for its sweetheart mortgage arrangement with Dodd, but its clear Countrywide thought it did, as did AIG. Once is bad, twice is deadly for a man who is in charge of regulating the industry.

Combine this with his wife’s connection to AIG and his real estates dealings with a felon, and you have a pattern.

Rob Simmons has emerged as a leading candidate for the Republicans because he is willing to speak out and point out that it doesn’t much matter what Dodd did or did not know, in his position he should have known what these two financial giants were trying to do and should have stopped their efforts long ago. Jim Geraghty spoke with Simmons.

“This is a classic case of the conflict of interest that exists when a powerful chairman of an oversight committee puts himself in a position to shake down the people he oversees — and it is a shakedown,” Simmons said. “It’s inappropriate, and it violates the public trust. I believe public office is a public trust — that’s what I learned in the army, and what I’ve followed throughout my career, when I worked for Senator [John] Chafee of Rhode Island and Senator [Barry] Goldwater. You have to hold yourself to a higher standard.”

He is right of course and nothing Dodd can do can erase the fact that he and his staff got careless at best and quite possibly much worse. Chris Dodd has become a symbol of old style politics, where people enter modestly paid statesmen and leave with generous pensions, lavish lifestyles and a full bank account. Or as my grandmother used to say to me … “Jimmy, they always leave with more than they came in with.” Indeed.

Were Laws Broken?

The charges against Chris Dodd continue to pile up. It started with the sweetheart Countrywide Mortgages, then the “cottage” in Ireland, the association with a convicted felon, the AIG bonus “lie”, and finally word that his wife once collected a paycheck from an AIG company.

No wonder Senator Christopher Dodd (D-Conn) went wobbly last week when asked about his February amendment ratifying hundreds of millions of dollars in bonuses to executives at insurance giant AIG. Dodd has been one of the company’s favorite recipients of campaign contributions. But it turns out that Senator Dodd’s wife has also benefited from past connections to AIG as well.

From 2001-2004, Jackie Clegg Dodd served as an “outside” director of IPC Holdings, Ltd., a Bermuda-based company controlled by AIG. 

Were any laws broken. That’s what Cavuto asked Judge Andrew Nepolitano.

httpv://www.youtube.com/watch?v=v0iHTz3CaIghttp://www.youtube.com/watch?v=v0iHTz3CaIg

I am not a lawyer or a judge so I do not know and we won’t until papers are released. Somehow I doubt any illegality. But certainly there’s enough there to vote for his retirement next year.

Dodd Man Walking?* Video

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 …

httpv://www.youtube.com/watch?v=hn4QnrJFvLs

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.

httpv://www.youtube.com/watch?v=_vpXt_3vrqM

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.

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Countrywide: Officials Bent Loan Rules For Dodd – AIG: Dodd Blames Treasury

Not good … not good at all. Plus Video of the Dodd timeline … not a good week for the senior Senator. Read more

CNN: Dodd recants … Admits he wrote loophole – Video – Update: “He Lied”

One day after saying he had no idea how the “Bonus Loophole” ended up in the Stimulus bill, CNN uncovers that in fact Chris Dodd’s staff wrote the loophole in an amendment to the Stimulus Bill that allowed the AIG bonuses to be paid. It’s more than just an embarrassing moment for Dodd, it’s another broadside to his re-election bid.

The interview which just aired was an embarrassment. Dodd was forced on live TV to backpedal on his previous comments that he had nothing to do with the bonus loophole. And in the process he fingers the Treasury department as the force behind the loophole. That’s Geithner and that’s Obama. Feigned outrage!

httpv://www.youtube.com/watch?v=1jx79ec4lLU

His reasons for making the changes, at the behest of Treasury, are certainly plausible. So why did he not say that yesterday, and why should we believe him until we hear from Treasury? And why does this not damage his credibility on everything? And if it is true, then Geithner and Obama both knew about these bonuses and now are just playing the populist part.

This whole thing stinks and it started with feigned outrage and a lie!

Update: The real outrage is spreading. Make sure you check out Ed Morrissey’s take at Hot Air and make sure you read comments from folks around the country.

In other words, Dodd lied. He spent a full day lying to the American people, and now he’s trying to shift blame to others. He and his pal Barney Frank want to publicly name the people who received the bonuses authorized by Congress and this administration in an attempt to deflect blame for their own actions.

If Dodd had a shred of honor, he’d resign. If he had a shred of honor, though, we wouldn’t be in this mess.

Once again … it’s the lie that will cost the Senator more than his “Bonus Loophole”.

They Did It … Update – Bill Congress for commercials

Talk about Mr Smith goes to Washington. Shep Smith jumped ugly on Congress … and Chris Dodd. It is an amazing performance and worth watching for sure. Enjoy.

Video now up  … sorry about the delay. New software today, still working out the kinks.

httpv://www.youtube.com/watch?v=sjymMNP_hJY

He went on to call today’s hearing into the AIG bonuses before the House Financial Services subcommittee a distraction and suggested that Fox bill Congress for all of the needlessly lost commercial time covering the hearings live.

It’s a distraction only if you lose sight of the big picture but well worth reporting, at least the way Shep did today. As we have been saying for two days … Congress is at the heart of this whole bonus boondoggle and the meltdown of Wall Street as well.

Update: Here’s the video of Shep condensing the AIG hearings down to a complete distraction from the banking crisis … and Fox News … “Fox should bill congress.” Enjoy.

httpv://www.youtube.com/watch?v=utdA0vGCOX8

Happy St Patty’s Day Senator Dodd, from the RNSC

Nothing to add here, except this is from the National Republican Senatorial Committee. They have Dodd in their crosshairs.

For more on Dodd and his troubles see what we have written here …. and then here. And for a complete listing (too much to list individually) just do a site search … keyword “Dodd”.