Michael Moore smears Senator Dodd...

[Archae]

Now watch the Moore Fan Club excoriate me, Dodd, anyone and everyone except the guy who needs to be excoriated.

http://crooksandliars.com/dday/michael-moore-smears-chris-dodd

[ShortnFiery]

1. I don't know anyone who scored a 4.0% mortgage on Countrywide?!? Do you?

Dodd, like far too many in the Senate are grossly out of touch with the common man and get SPECIAL TREATMENT. :thumbsdown:

[Archae]

2. Did you even BOTHER reading the article?

The accusations aganst Dodd are bullshit.

[ShortnFiery]

3. Yes I did. Dodd is part of the corrupt group that bailed out Wall Street.

I WISH we had a viable democratic candidate to "primary him" ... he's vile.

4.0 % Interest on DODD'S MORTGAGE ... another bloated and spoiled ELITE. :thumbsdown:

[RoyGBiv]

6. You read it and posted ...

... in two minutes. Ok.

Just thought I'd add this bit from one of the linked stories.

So it must come as a real shock to learn that Rell’s interest rates were as low or lower than Dodd’s. The adjustable mortgage rate on Dodd’s Washington townhouse, closed on June 10, 2003, was 4.25 percent, fixed for five years. And the adjustable mortgage rate on his Connecticut home, closed on July 3, 2003, was 4.5 percent, fixed for 10 years.

Any reasonable investigator would have checked reported data to see if the rates departed from the norm when the transactions closed. A quick trip to the Hartford Public Library could have enabled anyone to find weekly historical mortgage rates for the periods in question in the microfilm archives of The Wall Street Journal.

The Dow Jones Real Estate Index for the week including June 10, 2003, published in The Wall Street Journal on June 13, 2003, noted that the average rate for a jumbo five-year adjustable rate mortgage that week was 4.08 percent (lower than the rate Dodd was charged for refinancing his Washington townhouse).

And although that index does not detail the rates for conforming three- or five- or 10-year adjustable mortgages for 2003 and 2004, it does report that the average rate for one-year adjustable mortgages for the week of July 3, 2003, when the Connecticut closing was held, was 3.49 percent. For the week of June 25, 2004, when Rell purchased her Florida home, the rate was 3.53 percent.

http://www.ctdems.org/releases.php?id=89

[HCE SuiGeneris]

4. Screw Dodd

and screw you for lighting an unnecessary fire.

[Archae]

5. I didn't strike the match.

Crooks and Liars did.

Do they have some "ulterior motive" to slam Moore?

I realize I'm in an area where Michael Moore is even above Jesus, and can do no wrong. :sarcasm:

[HCE SuiGeneris]

7. Dodd only acts in the manner he should

when his feet are being held to the fire. Moore has a penchant for circumventing all the relevant facts... and that's a shame, as it tarnishes his credibility.

I apologize for my less-than-classy reply to you previously. It's just that i am so sick of the corporists picking our pockets.

[Archae]

8. It's ok, you're forgiven.

:-)

I don't like big corporations picking our pockets either.

And there is no excuse for some of Moore's actions, like in his "Bowling For Columbine" movie where he distorted and even flat out lied.

It's obvious here Moore has smeared Senator Dodd, either out of ignorance or maliciousness I have no idea.
Moore's reactions to this criticism will be telling.
I *HOPE* Moore can honestly apologize to Dodd.

[ShortnFiery]

9. Dodd is corrupt and help bail out Wall Street. Moore tells it like it is - the truth.

It's beyond time for Dodd to retire. :thumbsdown:
http://www.mortgagenewsdaily.com/6162008_Friends_of_Mozilo.asp

Conrad, who said he was referred to Mozilo by Jim Johnson, received a one point discount on orders of Mozilo which saved him about $10,000 per year on a $1.07 million mortgage used to purchase a vacation home in Delaware. According to the Associated Press, Countrywide also made an exception in lending Conrad $96,000 in 2004 to buy an 8-unit apartment building in spite of its policy of only providing loans for buildings of four units or fewer. "They said they frequently made exceptions, especially for good customers," Conrad said. An internal e-mail from Mozilo, however, said the exception was "due to the fact that the borrower is a senator," according to the Portfolio report.

Both Dodd and Conrad denied that they knew they were getting special treatment from the lender and Conrad stated that he had never met Mozilo but the Wall Street Journal said that while the two may not have met face-to-face, it was Conrad who called Mozilo and asked for a loan.

The Journal also said that Conrad has offered to make a charitable contribution for the amount of his estimated mortgage savings, over $10,000, to make the current controversy go away. According to the newspaper, "So while the Senator says he did nothing wrong, now that his non-mistake has been discovered, he will nonetheless give away the nonspecial treatment cash. There is ample evidence here to warrant an investigation, including subpoenas for relevant documents.

"The same goes for Senator Christopher Dodd (D., Conn.), who chairs the very Banking Committee responsible for drafting the laws that govern Countrywide's market. Mr. Dodd is still in denial mode, but so far no one has knocked down the Portfolio.com story that he received discounted loans as part of Countrywide's "Friends of Angelo" program."

[orleans]

10. retire? but i thought he was trying to run for president again....in a few years. n/t