So much for the Republican culture of Corruption. Chris Dodd (Chairman of the Senate Banking Committee) , Jim Johnson (Head of Barak Obama's VP search team), and others mostly democrats received loans at interest rates of 4.25% - 4.5%.
I am sure that Dodd being the Chairman of the senate banking committee had nothing to do with these low rate loans. I am sure that if I wanted to I could make a call and get that interest rate.
Brace yourselfs this is going to be the most corrupt congress as of yet. The Dem's feel empowered and this time it won't be just inappropriate sex with interns or lying under oath, they plan to feather their nests while in power. Dodd and others have worked out a deal to repay Countrywide for their hospitality. 300 million dollar bailout, this will allow Country Wide to offload its worst loans on to the taxpayers. Coincidence, I don't think so.
Stand up don't let this happen. I would like to say that this is a Democrat scam, but it probably isn't just the Dems. The first indicator of this is the reluctance to investigate this matter further by congress. This is the system that we have. If you are relying on crooks to investigate crooks justice will never be served.
Friends of Angelo
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