Countrywide Scandal Causing Big Problems For Senator Dodd, But Why Not Senator Conrad?

According to Time, Senator Chris Dodd is suffering mightily in his home state of Connecticut thanks to his having taken sweetheart, VIP loans from Countrywide financial VIP Angelo Mozillo.

Dodd is looking increasingly vulnerable. The silver-haired father of two young girls is facing his toughest re-election fight ever, and he doesn’t even have an opponent yet. (CNBC pundit Larry Kudlow and former GOP Representative Rob Simmons have both expressed interest in running.) In a January Quinnipiac poll, 51% of Connecticut voters said they would not vote for Dodd in 2010. “It’s the subject matter — people are watching their tax dollars go into institutions and they wonder when it’s going to get better and they wonder where it’s going,” Dodd says. “I don’t find people trying to elbow me out of the way trying to take over jurisdiction of the Banking Committee.”
Much of Dodd’s current woes stem from a pair of mortgages that he must wish he had never gotten. His reputation has not recovered from the revelation last year that he received a sweetheart deal on his mortgage, saving upwards of $75,000 courtesy of Countrywide, one of the biggest pushers of the subprime mortgages that have landed the U.S. economy in such dire straits. Connecticut officials say there is no evidence of wrongdoing, and Dodd, who has allowed reporters limited access to his mortgage documents, denies he got any preferential treatment and insists he is going to refinance with a different bank. “I made the mistake of not addressing it earlier,” Dodd concedes. Still, he will not allow reporters to deeply examine the “hundreds of pages” of mortgage documents, saying, “No one has ever showed as much as we have.” But the scandal has left a bad taste with Connecticut voters; in the Quinnipiac poll, 56% said the Countrywide connection made them less likely to vote for Dodd.

What I’m wondering is why Senator Dodd is facing problems in Connecticut, but Senator Kent Conrad who also took sweetheart loans from Countrywide isn’t suffering here in North Dakota.
Now, admittedly, Dodd got a whole lot more from Countrywide than Conrad did, but that’s an issue of scale that seems irrelevant. Bad deeds are bad deeds. If one man cheats on his wife once, and another man cheats on his wife a dozen times, are they not both adulterers?
To be perfectly honest, Senator Dodd has journalists in his state who care about holding him accountable for his actions. Senator Conrad has a bunch of limp-wristed sycophants who re-publish his press releases for him and rarely engage in even the most limp-wristed of criticism of him for fear of losing their access.
Kent Conrad essentially took a bribe from Countrywide mortgage in exchange for favorable action in the Senate. And he’s getting away with it because nobody in North Dakota’s media cares to hold him accountable.

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  • http://Array 3f

    I bet Tu-Uyen Tran cares.
    He seems like the type to dig into things like this.

  • Dwight Grotberg

    Conrad and his fellow liberals Dorgan and Pomeroy are threatened now more than ever. They have taken a far left detour on the Obama train and have made themselves targets in an unpopular Congress.

    Look for unprecedented gains by the NDGOP as well as their candidates as we move closer to 2010. We are already seeing the NDGOP advertising a year and a half before the election to take these guys out. Hats off to the NDGOP.

    BTW, you can donate to this cause @ ndgop.org

  • http://ndgoon.blogspot.com/ goon

    I bet Tu-Uyen Tran cares.
    He seems like the type to dig into things like this.

    I doubt it he can’t get his lips off the Mayor of Grand Forks ass.
    When he is sucking up to city hall he is shamefully promoting the Alerus and any other city pork project the city is trying to sneek past its citizens.

  • http://ndgoon.blogspot.com/ goon

    Because the North Dakota media give him a free pass and won’t report the news as it should be reported. Notice how the Forum and the Herald just let him post his talking points when ever he wants and doesn’t question him properly.

  • mnconservative

    Senator Conrad has a bunch of limp-wristed sycophants who re-publish his press releases for him and rarely engage in even the most limp-wristed of criticism of him for fear of losing their access.

    Kent Conrad essentially took a bribe from Countrywide mortgage in exchange for favorable action in the Senate. And he’s getting away with it because nobody in North Dakota’s media cares to hold him accountable.

    Which is exactly why the voters in ND don’t give him the boot. Plus the fact that when he’s here he talks like a conservative and that’s what gets reported.

  • mnconservative

    Look for unprecedented gains by the NDGOP as well as their candidates as we move closer to 2010. We are already seeing the NDGOP advertising a year and a half before the election to take these guys out. Hats off to the NDGOP.

    I hope they are successful. These guys have needed to go for a very long time.

    like scott hennen. he wont attack any ND libricon in power for ANY REASON right now. he has to keep on the good side so they show up on his show. the forum is no different, only they like ANYONE in power.

    Sometimes I have to shut him off. I’ve noticed also that if someone advertises on his station he softballs them.

    Really frosts me when Hennen sings Colin Peterson’s praises for voting against the stimulus…especially when we know he did it for political expediency. The outcome of the vote wasn’t going to change, and Peterson saves face in a conservative district. But on all else he votes party lines….69% of the 7th Congressional district voted for Peterson in the last election.

  • mnconservative

    nope. its the dumb ass voters that think al the money will stop if we replace him.

    Well there’s that also…I should have put that first, but the reason they think that way is because of the lack of accountability from the press in Fargo.

    I did a search of the Fargo Forum for almost a week after the Daschle tax debaucle broke and there was no story…

  • jimmypop

    Which is exactly why the voters in ND don’t give him the boot.

    nope. its the dumb ass voters that think al the money will stop if we replace him.

  • jimmypop

    I should have put that first, but the reason they think that way is because of the lack of accountability from the press in Fargo.

    the forum and its little brother dont care what party people are in. they dont attack anyone in power.

    like scott hennen. he wont attack any ND libricon in power for ANY REASON right now. he has to keep on the good side so they show up on his show. the forum is no different, only they like ANYONE in power.

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