A CT Reader Notes That Senator Christopher Dodd Wants To "Move On" From His Mortgage Scandal
October 26, 2009, 04:00 AM
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From: Mike Sandlock (e-mail him)

Re: Joe Guzzardi's Column: Three Reasons The Hollywood Elite Will Never See The Immigration Light: The Housekeeper, The Pool Man And The Lawn Guy

For all the flaws in Michael Moore's Capitalism: A Love Story, readers should certainly see it.

In fact, see it twice—once now while it is in the theaters and again on election eve November 1, 2010. Maybe you'll come away angry enough to vote out the heels who have lined their own pockets while sending you to the poor house.

An excellent example featured in Moore's film is Connecticut Senator and immigration enthusiast Christopher Dodd.

Dodd, as it turned out, was a F.O.A. (Friend of Angelo Mozilo, referring to the former Chief Executive Officer of the defunct Countrywide Mortgage).

As such Dodd got three sweetheart mortgages including one for his Irish cottage that waived fees, points and disregarded the basic standards for lending. Not coincidentally, Dodd is the Chairman of the Senate Banking Committee. 

Kent Conrad, Senate Democrat from North Dakota, chairman of the Budget Committee and a member of the Finance Committee, also took advantage of Countrywide's generous deal.

Now, only a year after the Countrywide scandal broke, Dodd conveniently wants to "move on" [U.S. Sen. Chris Dodd on Countrywide Financial VIP Loan: "I Feel The Matter's Behind Us. We Ought To Move On,'' by Christopher Keating, Hartford Courant, October 22, 2009]

Dodd's right but not in the way he thinks. It's time to "move on" to a new Connecticut senator.

Sandlock's previous letter about Senator Ted Kennedy and his tortured Spanish is here.