Dodd Countrywide Scandal Coverage
Here is a sampling of coverage of the Dodd/Countrywide Mortgage Scandal that continues to threaten the fate of the mortgage bailout bill before Congress. The vote could happen as soon as today, but the scandal might make senators think twice about bringing the bill up in this climate.
FreedomWorks Chairman Dick Armey sounds off in The Wall Street Journal.
FreedomWorks President and CEO Matt Kibbe writes a piece on the scandal for Red State.
TownHall.com reporter Amanda Carpenter investigates the role Senator Conrad played in moving the mortgage bailout bill through the Senate. She talks about her story on Fox News.
And FreedomWorks interns make Fox Business News when they protest Senator Dodd’s Countrywide scandal outside Union Station in DC.
Finally, here are some links to other news outlets covering the story.
Jesse Hamilton points out that Dodd has conflicting explanations.
The Kansas City Star calls for an investigation, and points out that the senators involved violated the Senate ethics rules regarding gifts.
National Review has a great piece on the scandal.
UPDATE: Nine Senators have sent a letter to Senate Majority Leader Harry Reid asking him to delay the vote on the mortgage bailout in light of the Dodd/Countrywide scandal. This is an encouraging development!
Tags: Countrywide, Dick Armey, FreedomWorks, Matt Kibbe, The Wall Street Journal
June 18th, 2008 at 1:51 pm
Just goes to show you how far corrupt both parties are.
June 18th, 2008 at 1:56 pm
This one is a Democrat scandal, so far. But if Republicans were involved, they should be held accountable too.
So much for “the most ethical Congress in history” as the Dems promised in 2006.
June 18th, 2008 at 3:06 pm
Exactly, they should rename themselves the do nothing congress.
June 21st, 2008 at 12:12 pm
This is a good summary of the coverage, but you know what, call me underwhelmed. Frankly, the media coverage, or should I say non coverage, is just as corrupt as the banks and politicians involved.
Here is essentially what we have. We have a politician that received special loan terms and campaign contributions for a year and a half that averaged $1000 per week from two banks, Countrywide and Bank of America, and then he crafts legislation that benefits both immensely. Furthermore, we find out that Bank of America was actually allowed to craft much of the legislation. This should lead every news cast. Yet, outside of a handful of media we have total silence. The corrupt press is supporting a corrupt politician and a bunch of corrupt banks. Here is the summary I wrote about this…
http://theeprovocateur.blogspot.com/2008/06/updated-summary-of-corruption-at.html