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Old 06-16-2008, 07:03 AM   #18 (permalink)
aceventura3
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Location: Ventura County
Quote:
Originally Posted by host
Where is Obama....where are we?
Time will tell if Obama is a man of his word, but we already know that generally speaking Democrats talk a good game while their actions are different.

Obama says this:

Quote:
Obama and Countrywide

``These are the folks who are responsible for infecting the economy and helping to create a home-foreclosure crisis -- 2 million people may end up losing their homes,'' Obama said of Countrywide at a March 31 campaign appearance in Lancaster, Pennsylvania.
http://www.bloomberg.com/apps/news?p...Jnk&refer=home

Now another Democrat comes out of the closet regarding getting favorable treatment from Countrywide. Democrats talk about wanting to look out for people facing foreclosure today, but "yesterday" they were in bed with the very people they now say are responsible.

Quote:
WASHINGTON -- Sen. Kent Conrad said Saturday that after reviewing e-mails from Countrywide Financial Corp., he had learned that company officials had provided him with preferential treatment: a discount on one loan and a waiver of a company lending rule for another.

Although the favors were unsolicited, the North Dakota Democrat said he would donate $10,500 to charity to compensate for the unsolicited benefits he received.

Conde Nast's Portfolio Magazine reported last week that Conrad and Sen. Christopher J. Dodd (D-Conn.) were part of a special VIP program at Countrywide that provided special terms and discounts to Hollywood luminaries, national politicians and friends of Countrywide executives.

Dodd chairs the Senate Banking Committee and Conrad sits on the Senate Finance Committee. Both panels consider matters of concern to Countrywide.

Both senators said Friday that they were not aware that they received special favors or that they were part of the "Friends of Angelo" program at Countrywide. The name refers to Angelo Mozilo, the company's chief executive.
http://www.latimes.com/la-na-country...,2854727.story

And we are supposed to believe these men did not know about the benefit they got...wow!


Are these matters worthy of further investigation to determine the extent of Contrywide's influence in Washington? As long as Democrats control the agenda, it won't happen in my opinion. Will Obama stand up against his own party for his stated principles? I think the answer to that question will tell us where we are. "Money" in the context of Wison's quote is not the problem in my view, it is the pretense that some have that your "money" is corrupt but my "money is o.k. - "money" is "money", people can be honest or corrupt.
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