Or maybe it’s the other way around.
It’s so dreadfully hard to keep it all straight, isn’t it? So it’s totally understandable that Senator Dodd might be a wee bit confused about what he did or didn’t do.
Either way, though, I’d say he’s in deep doodoo:
Dodd just admitted on CNN that he inserted a loophole in the stimulus legislation that allowed million-dollar bonuses to insurance giant AIG to go forward – after previously denying any involvement in writing the controversial provision.
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Previously a lifelong Democrat, born in New York and living in New England, surrounded by liberals on all sides, I've found myself slowly but surely 
March 18th, 2009 at 7:37 pm
I AM OUTRAGED !
March 18th, 2009 at 8:40 pm
Wasn’t Sen. Dodd the #1 recipient of campaign funds from AIG? Wasn’t Obama #2?
March 18th, 2009 at 8:47 pm
At some point, Dodd, and maybe Frank are gonna get tossed under the Obama bus. Just watch. It’s coming.
March 18th, 2009 at 8:48 pm
Well, so much for the Zionist Conspiracy, Neo-neocon. I can delete all the research! But, let me get this straight – The Fools in Congress, i.e. the Democrats, had a provision in the stimulus bill, which none of the even read, that restricted bonuses by AIG. Then…the Fools in Congress, i.e. the Democrats, removed that provision and substituted one which allowed AIG to proceed with bonuses which were entered into by way of valid and binding contracts with employees prior to mid-February 2009. Then…AIG, acting with statutory authority under a validly enacted Congressional bill and their legal duty to fulfill their contractual obligations under both the common law of contracts and relevant statutory law, paid the said bonuses to their employees. Thus, so far, things are in accord with what my old contracts professor in law school taught us. However…the Fools in Congress, i.e. are now “outraged,” as is the Fool in the White House and all his minions. Pray tell, WHAT are they “outraged” about? Someone PLEASE ‘splain that to me! Oh, by the way, one of the Fool Dodd’s biggest campaign contributors was AIG. Has he announced yet when he is giving half of it back? Waiting…waiting…waiting…..
March 18th, 2009 at 9:22 pm
Would it be too off the wall to suggest that the Dodd amendment may have been put in as a poison pill so the Dems would have an excuse to be “OUTRAGED” and divert attention to the “GREEDY CORPORATION” in the very likely case that their money dump failed to have the desired effect on the economy?
Hard to think of any depth these clowns wouldn’t sink to.
March 18th, 2009 at 10:04 pm
Wm Lawrence: Perhaps you are right. I find that more and more I am having to delete the phrase “Oh, c’mon, they wouldn’t do THAT!” from my vocabulary.
March 18th, 2009 at 10:45 pm
Breaking News: Dodd Says loophole that protects AIG Bonuses added per request of the Obama administration. The video is about a fifth of the way down.
http://www.butasforme.com/2009/03/17/obamas-stimulus-bill-explicitly-grants-aig-the-legal-right-to-hand-out-bonuses/
Obama should take full and direct responsibility for this mess.
March 19th, 2009 at 1:27 am
[...] — Tell me why Smith is wrong. The root cause is Congress, including many of those, such as Sen. Chris Dodd (D-Conn), and Rep. Barney Frank (D-Mass) now banging the drum most loudly for lynching the [...]
March 19th, 2009 at 6:28 am
Could the scandal grow large enough for people to finally want to throw the Dems out of Congress? They are very good at remaining clean while wallowing in the mud and filth, but this might cook their bacon.
March 19th, 2009 at 7:38 am
All this, and we’re still not even through the first 100 days of the Obonga Empire era……
March 19th, 2009 at 8:06 am
Yes, the law is an ass. Every rational person knows this. But they should know also that lawlessness is a much more dangerous beast than an ass, and that when politicians chose to lead lynching mobs instead of restrain them, we really are in dire straits. Contract obligations can not be retracted retroactively and sacrificed to political expediency – this is an axiom of jurisprudence. Throwing under bus this principle can cost us much more than 0.1% of bailout cost.
March 19th, 2009 at 8:22 am
If AIG debacle was treated according usual market rules – by bankruptcy laws – all these bonuses would be automatically voided. But governmets intervention is doomed to create judical conundrums and ultimately lead to law vacuum where no judical principle apply. A bad omen to this presidency and to everything ahead.
March 19th, 2009 at 10:16 am
The clip says it all – good job Neo
March 19th, 2009 at 10:50 am
At some point, Dodd, and maybe Frank are gonna get tossed under the Obama bus. Just watch. It’s coming.
One can hope so. Ah, tasty, tasty schadenfreude.
March 19th, 2009 at 10:54 am
Don Janousek, you need to stop associating fools with members of the party in power.
Oh, and the Congresscritter who tried to put restrictions on the bonuses was Olympia Snowe (RINO-ME).
March 19th, 2009 at 10:55 am
Could the scandal grow large enough for people to finally want to throw the Dems out of Congress?
Right now, I’m to the point of saying throw all the incumbents out. Every. Last. One.
March 19th, 2009 at 11:03 am
IRA,
Forgetaboutit…by the time the next elections roll around everyone will have forgotten about this small tiff….
I’m sure they will have come up with an even bigger disaster by then that will make folks forget all about these bonuses!!!
Is anyone keeping track on a daily basis of all these misteps? It’d make a bestseller one day – or at least it would if we have any money left by then to buy bestsellers….
March 19th, 2009 at 11:25 am
I reckon that by 2010, Chrissy will be the best candidate for CT. All this brouhaha will have died down by then.
Every time I watch “Mr. Smith Goes To Washington”, the character played by Claude Rains reminds me so much of Dodd. Corrupt, beholden not to his constituents but to the party boss.