Click to see

Click to see
Obama countdown

Friday, December 23, 2011

Issa: Four Congressmen Received Loans From Countrywide

Former Senator Chris Dodd of Connecticut and Senator Kent Conrad of North Dakota received loans from Countrywide and while both claim there was nothing wrong with their loans, Dodd chose not to run for reelection in 2010 and Conrad has decided to step aside after his term ends next year. The Senate covered for these two miscreants. The Senate Ethics Committee that investigated Dodd and Conrad was chaired by Barbara Boxer who had received no less than three loans from Countrywide herself. Also receiving loans from Countrywide were Franklin Raines and Jim Johnson both former CEO's of Fannie Mae.

Now Congressman Darrell Issa, the Chairman of the House Oversight and Government Reform Committee who has been investigating the VIP program, "Friends Of Angelo" for a number years informed the House Ethics Committee that four members of the House also received favorable loan rates from Countrywide. He declined to name the four members but Democrat Edolphus Towns of New York has been publicly linked to Countrywide.

Will this be the time the Ethics Committee finally does something significant instead of wasting time and considerable taxpayer money on penny-ante complaints that invariably result in no action?

No comments:

Post a Comment