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Thursday, July 30, 2009

Democrats Call Foul over Investigation into VIP Mortgages

Democratic Sens. Chris Dodd and Kent Conrad, accused of accepting VIP mortgage rates offered only to the powerful and well-connected, suggest their latest public relations problems were caused by one Republican: Rep. Darrell Issa.

In interviews with POLITICO, the two senators questioned whether Issa (R-Calif.) used a private deposition by former Countrywide Financial employee Robert Feinberg to push GOP attack lines that Dodd and Conrad knew that they were receiving lower-than-normal mortgage rates. Both senators slammed Issa for conducting a freelance investigation into their mortgages and never contacting them for their side of the story. Dodd and Conrad have denied getting any sweetheart deals on their mortgages.

“Wouldn’t you be surprised if there were an investigation into you and nobody ever asked you for your comment or your answer? Wouldn’t that surprise you?” said Conrad, a North Dakota Democrat and chairman of the Budget Committee. “I find it very odd to be investigated and never given a chance to give my side of the story. I think that’s unusual.”

Dodd, one of the most vulnerable Democrats facing reelection in 2010, said: “This is just too coincidental.” Asked if he’d spoken to Issa, the Connecticut Democrat said, “I don’t even know the man. I don’t know him.” - Politico Story

Well, I don't know if I would call that foul or surprising. I can recall hundreds if not thousands of times that I have heard both sides making attacks and trying to open investigations without getting the other side of the story. Welcome to politics in America. You have been around long enough to know how the game is played.

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