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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Hugo Chavez on March 24, 2009, 07:51:12 AM

Title: 'Blame Dodd' Attacks Ignore Facts
Post by: Hugo Chavez on March 24, 2009, 07:51:12 AM

He would have outlawed AIG-type bonuses, but Treasury and the White House got his ban removed.
Summary
Some Republicans have been quick to blame Democratic Sen. Chris Dodd of Connecticut for allowing big bonus payments to AIG executives. They get the facts backward.

The public record shows Dodd authored an amendment that would have prevented "any bonus" being paid to top executives of firms getting bailout money. It was the White House and the Treasury Department that insisted Dodd's amendment be watered down to apply only to bonuses paid under agreements signed in the past five weeks. Treasury Secretary Timothy Geithner has taken public responsibility for that.

We lay out the full story in our Analysis section.

cont... http://www.factcheck.org/politics/blame_dodd_attacks_ignore_facts.html

Title: Re: 'Blame Dodd' Attacks Ignore Facts
Post by: Hedgehog on March 24, 2009, 08:37:06 AM

Geithner doesn't look too good right now.


Nice to see that Dodd is getting a little vendicated.

I was about to call him a big POS to be honest. :-[

Title: Re: 'Blame Dodd' Attacks Ignore Facts
Post by: Hugo Chavez on March 24, 2009, 08:41:51 AM

Quote from: Hedgehog on March 24, 2009, 08:37:06 AM

Geithner doesn't look too good right now.


Nice to see that Dodd is getting a little vendicated.

I was about to call him a big POS to be honest. :-[

I think I did along with several others.

Title: Re: 'Blame Dodd' Attacks Ignore Facts
Post by: Soul Crusher on March 24, 2009, 08:54:05 AM

Quote from: Hedgehog on March 24, 2009, 08:37:06 AM

Geithner doesn't look too good right now.


Nice to see that Dodd is getting a little vendicated.

I was about to call him a big POS to be honest. :-[

Why didnt he speak up then when they asked him to do this?

Title: Re: 'Blame Dodd' Attacks Ignore Facts
Post by: Grape Ape on March 24, 2009, 09:00:01 AM

Quote from: 333386 on March 24, 2009, 08:54:05 AM

Why didnt he speak up then when they asked him to do this?

And why did Obama feign outrage when it came from his guy?

Title: Re: 'Blame Dodd' Attacks Ignore Facts
Post by: 240 is Back on March 24, 2009, 09:52:51 AM

Rumsfeld => Bush

as

Geither => Obama ???