Wednesday, March 18, 2009

Dodd Double Talk

Senate Banking committee Chairman Christopher Dodd told CNN Wednesday that he was responsible for language added to the federal stimulus bill to make sure that already-existing contracts for bonuses at companies receiving federal bailout money were honored.

CNN

I am not going to comment on whatever reason Dodd claims to have included the language, or even if the language should have been in the bailout. Instead, I want to focus on how just one day after telling CNN that he had nothing to do with inserting the bonus language, Dodd admits to be the main architect of the provision. Did he really lie to CNN yesterday, or is he lying today? Did he refuse to admit to his stupidity only after getting caught, or is he protecting someone in the Administration? Either way, I hope this adds to his political troubles so he will lose his Senate seat in 2010.

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