Banking

Taking economic advice from this guy

080924_dodd.jpg  Democratic Senator Christopher J. Dodd, chairman of the Senate Banking Committee, said Nov. 28 that Congress may demand executive changes from auto companies as part of the bailout.

http://www.bloomberg.com/apps/news?pid=20601209&sid=ad5Ibr86SFtY

makes just as much sense as taking gun safety advice from THIS guy

 

NFL star shoots himself in leg

 

Shouldn't the Senate Banking Chair know interest rates?

Where do the Democrats find people like this? The Chairman of the Senate Banking Committee doesn't know the interest rates:

Roll Call thought this was mock worthy:

Briefly Quoted. “I don’t know what the rates are today.”

— Sen. Chris Dodd (D-Conn.), surprising reporters on Tuesday with his unfamiliarity with current mortgage rates. Dodd, who was explaining why he planned to keep his scandal-tarred Countrywide Financial home mortgages, is the chairman of the Senate Banking, Housing and Urban Affairs Committee.

It sounds like Dodd is either a criminal or criminally ignorant of the area he regulates. Will we ever find out which?

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