Chris Dodd, hiding behind his wife's skirt, announced Monday at a news conference that they would be refinancing the three loans they received through the VIP Program with Countryside Financial Corporation in 2003.

Senator Dodd, the Connecticut Coxcomb, was in a position of great influence on the Senate Banking Committee when the banking system was unraveling. The Dodds claimed they thought "VIP" just meant enhanced customer service. PLEEEEEEZE, Mr. Dodd, your nose is getting longer.

                                             

During the interview, Mrs. Dodd claimed she did most of the negotiations regarding the Countrywide loans. (I guess that is because Mr. Dodd was too busy in his Fannie and Freddie oversight duties in the Senate.)

The bottom line is that this Beltway Blowhard promised EIGHT MONTHS ago to release all the mortgage documents related to these three loans totaling $781 thousand (life in the Senate must be good). He finally released them for inspection (but no copies were released), but one has to wonder what "notes" from the original documents have been "misplaced" or lost. 

I'm sure the Senate Ethics Committee will get to the bottom of this, since they no longer have to worry about making excuses for tax cheat Tom Daschle.

I suggest Mr. Dodd, that you contact Citigroup or BAC for the refinancing. Then you can skip a few payments, go into foreclosure, and have the taxpayers bail you out in some sort of a convoluted, taxpayer-funded mortgage re-financing boondoggle.

Something smells in Doddland. Less than two years before this blowhard runs for reelection in Connecticut.

DUMP DODD 2010.