Saturday, April 18, 2009

Obama Backing Doddering Dodd?

President Obama feels that Chris Dodd is taking an unfair rap over his involvement in the Countrywide Mortgage mess (as a friend of Mozillo who got a sweetheart mortgage deal) and for his inclusion of a provision enabling AIG to pay executive compensation deals despite receiving federal bailout assistance, which has caused a stunning drop in his popularity in Connecticut. The President is using his prestige to prop up this clown?
President Obama is using his sky-high popularity to try to elevate embattled Connecticut Sen. Chris Dodd -- whose public approval tanked amid the fury over his role in the AIG bonus scandal.

"I will be helping Chris Dodd because he deserves the help," Obama told the Boston Globe in a phone call from Air Force One on Thursday. "Chris is going through a rough patch."

A recent Quinnipiac University poll showed 74 percent of voters blamed Dodd "a lot" or "some" for the $165 million in bonuses that went to employees of insurance giant AIG even as the firm got government bailout cash.

Dodd's own approval in the survey was just 33 percent -- nearly 40 points below Obama's.
What is it with this President and his need to support clowns who have violated the public trust and who skirt ethical and legal obligations? This isn't the first time the President has backed people who have ethical or legal problems; his list of nominees includes those who have cheated on their taxes or have been embroiled in the NYS pension pay-to-play scandal.

This President was supposed to change the tone in Washington, DC, but the only thing I see is that he's turning it into Chicago on a grand scale.

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