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alw

Dodd's bill revision

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Some of the comments that are associated with each point are quite interesting. A lot of depth to this...it would take me weeks to read it all. The fact that Sen. Dodd's staff et al put this together in short order means that they, in fact, have been waiting to make this play for quite a while.
So I try and I scream and I beg and I sigh
Just to prove I'm alive, and it's alright
'Cause tonight there's a way I'll make light of my treacherous life
Make light!

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The fact that Sen. Dodd's staff et al put this together in short order means that they, in fact, have been waiting to make this play for quite a while.



I doubt that.

We (and other universities, hospitals, research institutes, etc) regularly generate very large proposals (of this level of complexity) at very short notice. All it takes is a well trained staff - which Congress and the Treasury certainly have.
...

The only sure way to survive a canopy collision is not to have one.

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Well, Senator Dodd certainly has the financial wherewithal to support a large staff; he was the largest receiver of financial contributions from Fannie Mae / Freddie Mac....not to mention several sweetheart mortgages from Countrywide Financial.

He should be under investigation for the Countrywide mortgages as he certainly received mortgages with closing costs and interest rates not available to the average creditworthy citizen!
"A man can never have too much red wine, too many books, or too much ammunition"...Rudyard Kipling

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Well, Senator Dodd certainly has the financial wherewithal to support a large staff; he was the largest receiver of financial contributions from Fannie Mae / Freddie Mac....not to mention several sweetheart mortgages from Countrywide Financial.

He should be under investigation for the Countrywide mortgages as he certainly received mortgages with closing costs and interest rates not available to the average creditworthy citizen!



But he is a Democrat, so he is entittled.
"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

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From Forbes:

In fact, some of the most basic details, including the $700 billion figure Treasury would use to buy up bad debt, are fuzzy.

"It's not based on any particular data point," a Treasury spokeswoman told Forbes.com Tuesday. "We just wanted to choose a really large number."

...

The only sure way to survive a canopy collision is not to have one.

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