Dodd did it update
By Bill Allison Mar 20 2009 8:53 p.m. 1 commentApparently, Geithner did it too. (Previous Dodd did it post here.) As this episode illustrates, there ought to be a better way of tracking whose fingerprints--those of members of Congress, administration officials, lobbyists--are on which parts of what bills.
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People who follow blogs know much of this. They know that Barney Frank and James Clyburne darn near lynched a witness who just suggested that maybe Fammie Mae needed a teensy bit more oversight. They know that Obama was taking campaign contributions on hot credit cards from people with names like Seymour Butts. They know about Dodd's little Irish tree house he got through a crook that he got a pardon for. They know that Franklin Raines never did a minute's hard time for embezzling bonus money from Fannie Mae.
But most people don't. No more than they know about Chas Freeman and Hot Pants Edwards, not if they get their news from their dailies and the networks.
Sometimes I think that bloggers and their readers are in some sort of sound-proof booth. I now that Dodd and Obama were top recipients of Fannie Mae and AIG cash, which allowed them to get to where they could pillory AIG employees for getting contractually agreed-to compensation. But what good does it do if most people don't and there's no way they can find out if they don't do the blogs?