News this morning that Chris Dodd Democrat of Connecticut, and Byron Dorgan of North Dakota announced this morning that they will not seek re-election.
Reality is settling in on the Senators who followed Himself over the cliff. The voters back home are not amused.
Chris Dodd, especially, would be facing questions about why he took a sweetheart deal from Countrywide Mortgage, one of the most notorious of the subprime operators. The Wall Street Journal covered his 'disclosure' of the deal last February, in which reporters were allowed to view, but not copy or carry away any portion of, what he purported to be the documents attached to the sweetheart loan.
'Heck, we'd all love the kind of courtesy that would have saved Mr. Dodd $75,000 over the life of the two loans he refinanced to the tune of $800,000, according to an analysis by Portfolio magazine. The savings came from rock-bottom interest rates and a free "float-down" -- the right to borrow at a lower rate if interest rates fall before you've closed on the loan.'
The shame of it all is that the questions won't be coming from a federal prosecutor--Prez HopeyChangey's Justice Department has his back on that problem, so long as he votes the party line until retirement.
As for Senator Dorgan--well, North Dakota is a huge piece of real estate with not many people. And the people that do live there are a hearty, self reliant lot. On a state-wide level, they avoided many of the sins of the past twenty/thirty years, and have come through the Great Recession relatively intact, with oil drilling now underway in many parts of the state. The good Senator would have great trouble justifying his support of the banksters and an administration that would love nothing more than to shutter the entire oil industry. Look for a Republican to replace him.
And, speaking of Republicans to replace someone in the Senate, there is still time to send a few shekels in the direction of Scott Brown, the GOP candidate who appears to be closing on the presumed Democrat heir to Chappaquiddick Teddy's seat.
If Brown wins, Prez HopeyChangey loses his sixtieth vote for the health-care monstrosity, and cap-and-trade, and the next round of bail-outs, and the next stimulus, and the confirmation of Helicopter Ben, etc. etc... Senator Brown could be a game changer, at least until the Dems finish suborning GOP Senator Snowe of Maine.
Even if he comes close, Teddy's heir will have to be looking over her shoulder at an electorate that could easily turn on her. Every little bit helps!
The Republican National Committee has been, let us say, lukewarm in its participation and support of Mr. Brown. His win or very strong showing could help encourage a housecleaning in that corrupt organization, as well.
The special election in Massachusetts is January 19.
No comments:
Post a Comment