Shocker: Democrat-Controlled Senate Ethics Committee Drops Charges Against Kent Conrad, Chris Dodd

Proof • August 8, 2009

Looks like Sens. Chris Dodd and Kent Conrad are off the hook with the Senate Ethics Committee regarding their VIP mortgages from Countrywide Financial.
In letters sent to the senators this afternoon and just posted on the Ethics Committee website, the committee said it found no credible evidence that the Countrywide mortgages violated Senate ethics rules. Furthermore, the committee investigation found that the actual mortgage rates offered to Dodd and Conrad under the VIP program “were not the best deals available at Countrywide or in the marketplace at large.”
So after 18,000 pages of documents and a year-long investigation, the Ethics Committee is saying these “sweetheart” loans weren’t even all that sweet.
Still, the committee admonished the senators for their lack of discretion, saying they should have “exercised more vigilance” in order to avoid the appearance that they were receiving preferential treatment.
“This is most welcome news,” Conrad said in a statement. “The Ethics Committee’s exhaustive inquiry confirms what I have said all along: I did not ask for or receive any preferential pricing on my loans. While I should have shown more vigilance in the appearance of these transactions, the committee has concluded I did nothing unethical, and that is the truth.”

Yeah, yeah, yeah. Conrad didn’t ask for any preferential treatment. He just happened to talk to the CEO of the lending company when applying for a loan. And the internal Countrywide email from Robert Feinberg, who handled Conrad and Dodd’s loans, to CEO Angelo Mozilo in which he told Conrad that he’d ask the CEO if he could waive the rule against financing commercial properties larger than 4 units (like the complex Conrad financed in Bismarck)? Despite the fact that it clearly indicates that Conrad was told he was getting special treatment because he was a Senator, it apparently doesn’t matter.
The Senate Ethics committee is a joke. Expecting these people to police themselves is like asking bank robbers to turn themselves in.

Tags: Asshats, Domestic Issues, Politics

http://SayAnythingBlog.com The_Whistler_ofnd

Look for the local media guys to fall all over themselves that Kent Conrad’s friends believe him.
tom

We will now see dates set up for Conrad townhalls.
http://ndgoon.blogspot.com/ goon

That is an outrage.
http://ndgoon.blogspot.com/ goon

WHAT I want to know is did they drop the ethics charges against the Republicans as well? If not this is even more wrong.
Pilgrim

Can these people be any more transparent?

Oh, wait though…they must be saving their energy for those Bush investigations.
http://Verizon.com/ ND in MD

Yesterday, I believe on this blog, I read Sir Kent welcomed the Senate Ethics Committee hearings so he could finally set the record straight and tell his side of the story.
http://ndgoon.blogspot.com/ goon

Yesterday, I believe on this blog, I read Sir Kent welcomed the Senate Ethics Committee hearings so he could finally set the record straight and tell his side of the story.

Now we find out that Conrad won’t have to answer for his miss deads.
http://www.valleydeals.com/cgi-bin/board2/YaBB.pl Kevin

We’ve always been told it’s not the nature of the evidence, it’s the seriousness of the charge that matters most.
http://Verizon.com/ ND in MD

“…We’ve always been told it’s not the nature of the evidence, it’s the seriousness of the charge that matters most…”

Yes, true,but this only applies to Republicans.
raj58045

“Democratic controlled ethics committee”

That’s the best oxymoron I’ve heard in a while.
ec99

This surely shouldn’t take anyone by surprise. This sort of thing is as old as politics itself. Politicians have always believed they are not subject to the laws they write. Conrad’s Countrywide deal was for him simply another perq of his position.
2Hotel9

They are Democrats, they are allowed to break any laws they want, including raping and murdering women, the way Teddi Kennedy did.
Farm4$

the committee investigation found that the actual mortgage rates offered to Dodd and Conrad under the VIP program “were not the best deals available at Countrywide or in the marketplace at large.”

If I get this straight, the committee said that conrad & dodd were not even GOOD CROOKS. Mr. brilliant conrad was too stupid to get the real good deal.

If a man steals $1.00 He is a thief. If he steals $10.00 He is still a thief. But conman conrad can stand their like nixon and say ………. “I’m Not A Crook” …

PS be carefull picketing or speaking out, I can tell you that if conrad finds out who you are, YOU WILL HEAR FROM THE I.R.S. He has done that before, and he will do it again. The entire Democrat party thinks that not only is their leader a God, but that they too are God like.
jimmypop

so basically it was dismissed because he should have stolen MORE?
CW

The Senate Ethics Committee is not-Democrat controlled. For obvious reasons, it’s divided equally with three Democrats, three Republicans. Always been that way.

The Hartford Courant: Capping a yearlong investigation, the bipartisan panel found “no credible evidence” that Dodd knowingly tried to use his status as a U.S. senator to receive loan terms not available to the public.
2Hotel9

Democrat controlled Senate Ethics Committee, tell whatever lies you are told to, cw, it does not change the facts that Democrats control the Senate Ethics Committee, and have for many years.
http://sayanythingblog.com robport

I actually just had a reader send me exactly that.

It sounds like Conrad is planning a couple of dozen. But, of course, he’s only telling the media.
sayanything-6955

the committee has concluded I did nothing unethical, and that is the truth.”

Then why did you tell 3 or 4 different versions? Lying, bribe taking,P.O.S Come home to Bismarck, countrywide conrad, could be some picketers hanging out at the apt building you call home.

SayAnythingBlog.com

Shocker: Democrat-Controlled Senate Ethics Committee Drops Charges Against Kent Conrad, Chris Dodd

Create a SAB Readerblog

Recent Comments