Chris Dodd Admits He Wrote the Amendment That Allowed AIG to Hand Out Bonuses
Yesterday I wrote a post about how Chris Dodd inserted an amendment into the stimulus bill that permitted AIG to pay out the bonuses to its executives. Since the news broke about the Dodd amendment Chris Dodd has been denying that he wrote any such amendment. He has been trying to distance himself from this controversy.
But Chris Dodd has now admitted that he did insert the amendment into the stimulus bill that gave AIG permission to pay its executives $165 million in bonuses.
We wrote the language in the bill, the deal with bonuses, golden parachutes, excessive executive compensation that was adopted unanimously by the United States Senate in the stimulus bill,” Dodd told CNN’s Wolf Blitzer this afternoon.
It should come as no surprise that Dodd wrote these protections into the stimulus bill for AIG after it was learned that AIG donated over $100,000 to the Dodd campaign.
This man has been exposed, he is the man responsible for the $165 million in bonuses that has become the hottest topic on capital hill. While all of these self-righteous politicians grill the executives at AIG and condemn them they let people like Chris Dodd off the hook.
There would have been no bonuses without Chris Dodd, maybe they should put Chris Dodd on the stand.
How would you like to see the following exchange:
Frank: Did you write the amendment?
Dodd: you want answers?
Frank: I want the truth!
Dodd: you can’t handle the truth!
Frank: did you write the amendment?
Dodd: you’re goddamn right I did!
America's Watchtower 
Glad to see that senator Chris Dodd may finally get his rightful dues. I hope this blunder really costs him. He got a pass with the mortage company. Obama and his fellow-travelers have a bumpy road ahead of them, at least for a while. I’ll enjoy watching this play out. It not so much the money, its small compared to the billions and trillions we hear about now; but rather the attempt to fool the American public. And finally shining a light on these creeps in congress and the way they conduct business. Politicials will “complicate the obvious and trivialize the momentous”. Its what they do best.
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The bonus money is actually only like one tenth of one percent of the money that AIG received so you are right it isn’t the money that should have the people outraged it is the attempt that these self rightrous politicians are making to fool us.
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Dodd is one more reason for the “Clean Slate in 2010”. This effort will vote out every incumbent and keep doing so for every election thereafter. Dodd is the epitome of specious, greedy, power-mongers who run for office in this country. We don’t need them, we need people who want to do the best for AMERICA, not their voting base or their corporate pals.
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