... was just on CNN about 20 minutes ago and said he's the one who added the loophole allowing executives of failing companies to collect their big ass bonuses (when they should be fired).

It's pitchfork time. :evil:

... was just on CNN about 20 minutes ago and said he's the one who added the loophole allowing executives of failing companies to collect their big ass bonuses (when they should be fired).

It's pitchfork time. :evil:

They forgot another key question?

Question: Other than Chris Dodd (1st = $103,000), who was the second biggest recipient of campaign contributions from AIG???

Answer: Barrack Obama!!! :coffee:

Does anybody know where I can get some tar and a rail?

Already got the feathers, and the wife is pissed about the pillows.

... was just on CNN about 20 minutes ago and said he's the one who added the loophole allowing executives of failing companies to collect their big ass bonuses (when they should be fired).

It's pitchfork time. :evil:

Why did it take cnn two days?

Does anybody know where I can get some tar and a rail?

Already got the feathers, and the wife is pissed about the pillows.

Good news: You're on the right track!

Bad news: With all these corrupt politicians, we're going to need a sh*t load of feathers...:whistle:

Why did it take cnn two days?

He admitted it in an interview on Newsroom.

Now, I have some advice for Mr. Dodd courtsey of Mr. Grassley: Resign or go commit suicide.

Compared to the numbers involved in the bail out bill, these bonus numbers are chump change.

But we have another manufactured crisis.
Will they void contracts or write legeslation targeted at individuals?
Both are another attack on the constitution.

Good news: You're on the right track!

Bad news: With all these corrupt politicians, we're going to need a sh*t load of feathers...:whistle:

Road trip!! Short trip to the eastern shore and the Frank Purdue farm, should be enough. Problem, Barney Frank might like riding the rail.

"I did not have written relations with that legislation." - Dodd

This news broke yesterday but Dodd totally denied it, Of course he would, since Drudge and FNC broke it. Yesterday it was, "Nope, wasn't me."
Earlier today it was, "Maybe it was."
Finally, he comes up with the mea culpa.

Looks like the "Most Ethical" (remember that lie?) Congress ever has some 'splainin to do.

come november 2010 we can all get together and vote out these libs and try to install some real conservitive law makers. this includes steny hoyer.

come november 2010 we can all get together and vote out these libs and try to install some real conservitive law makers. this includes steny hoyer.

Where are these conservatives going to come from? Do we have a case of them in the basement 'In case of Emergency Break Glass"?

"I did not have written relations with that legislation." - Dodd

:killingme

"I did not have written relations with that legislation." - Dodd

:roflmao:

Many people are starting to regret the fact the TexasPete thing never panned out...:ohwell:

Where are these conservatives going to come from? Do we have a case of them in the basement 'In case of Emergency Break Glass"?

Nope, the good ones all have jobs, and don't have the time, nor do they want to take the paycut.

The other issue WE have, local population being gov't centric, if you work for the gov't you can't run for office. That leaves the likes of JPC and Mikulski to run.

I know a LOT of people I work for that would be GREAT candidates.. but they'd have to quit their jobs to do it.. and if they don't get elected then what?

Nope, the good ones all have jobs, and don't have the time, nor do they want to take the paycut.

The other issue WE have, local population being gov't centric, if you work for the gov't you can't run for office. That leaves the likes of JPC and Mikulski to run.

I know a LOT of people I work for that would be GREAT candidates.. but they'd have to quit their jobs to do it.. and if they don't get elected then what?

It would require we, the people, supporting them until the next election. Would you give a $100 a year to a candidate, year after year? Our mind set can either be happy with the status quo or start actually supporting better people, fully.

What's a $100 a year when the Dems and the GOP'ers just took $1,000's and $1,000's from all of us?

Change of attitude is required.

"I did not have written relations with that legislation." - Dodd

Sounds like he's getting advice from Bill Clinton... :coffee:

Sen. Dodd Admits Adding Bonus Provision to Stimulus Package
Sen. Chris Dodd, D-Conn., said Wednesday the Treasury forced him to add language to the stimulus bill last month that exempted all executive bonuses made before February 11, 2009.

In a dramatic reversal Wednesday, Sen. Chris Dodd, D-Conn., confessed to adding language to the stimulus bill last month that exempted all bonuses that bailed-out companies had promised to employees before Feb. 11, 2009.

Dodd told FOX News that Treasury officials forced him to make the change.

"As many know, the administration was, among others, not happy with the language. They wanted some modifications to it," he said. "They came to us, our staff, and asked for changes, and the changes at the time did not seem that obnoxious or onerous."

But the provision has become a flash point for criticism amid the controversy over $165 million in bonuses given out by AIG after securing more than $170 billion in federal aid. The language in the stimulus bill wasn't specific to AIG, but some have expressed outrage that it appears to have created a loophole.

Dodd said the argument put forward by Treasury was that a "flood of lawsuits" would come forward if the change was not made.

Dodd said he was unaware of the AIG bonuses at the time the bill was being written back in early February. He also said he has no reason to believe Treasury officials making the argument knew about the AIG bonuses.

When asked how administration officials have this kind of leverage over members of Congress, Dodd said, "The administration has veto power. ... No one suggested a veto to me, I don't want to imply that to you. But certainly that's not an insignificant tool."

On Tuesday, Dodd told FOX News that he didn't add the exemption.

"When the language went to the conference and came back, there was different language," he said then. "I can tell you this much, when my language left the Senate, it did not include it. When it came back, it did."

Dodd still thinks the Treasury can get the bonuses back, despite the inclusion of a date in the stimulus bill, and he said officials are, in fact, using his very language to claw back the money.

"There is language after that date that says explicitly that the Treasury has the right to modify, reaching back, those bonuses, compensations, if it's inconsistent with the TARP legislation or contrary to the public interest," he said.

"In fact, it's that phrase that the administration is relying on this evening as a means by which they can reach back and maybe get these bonuses back," he said.

Still, Dodd has his enemies. The Senate Republican re-election campaign quickly shot out a statement on the Dodd reversal, as he is a prime target in the 2010 midterm elections and is facing a Republican opponent who, in one poll, is in a statistical tie with him.

"Senator Dodd's reversal on this issue is both astonishing and alarming," the National Republican Senatorial Campaign said in a written statement. "Contrary to his statements and denials over the last 24 hours, Senator Dodd has now admitted that he and his staff did in fact change the language in the stimulus bill to include a loophole for AIG executive bonuses."

The group added that Dodd had "misled voters and equivocated on his statements."

Sen. Dodd Admits Adding Bonus Provision to Stimulus Package - First 100 Days of Presidency - Politics FOXNews.com (http://www.foxnews.com/politics/first100days/2009/03/18/sen-dodd-admits-adding-bonus-provision-stimulus-package/)