Monday, March 23, 2009

The Dodd saga continues

First the Courant's Kevin Rennie used RealClearPolitics to discuss Mrs. Dodd's financial relationship with an AIG company.

And in yet another demonstration of being seemingly detached from the real world...

The Chris Dodd stories are everywhere:

March 23 (Bloomberg) -- The U.S. Senate last month passed a measure limiting “luxury” spending for corporate travel by recipients of federal bailout funds. Two weeks later, about two dozen senators of both parties left town for political meetings on the Florida coast...

Christopher Dodd, a Connecticut Democrat who heads the Senate Committee on Banking, Housing and Urban Affairs, sponsored the amendment to the $787 billion stimulus package that requires companies that received funds from the Troubled Assets Recovery Plan to curb “excessive or luxury expenditures,” including spending on events and private jets.

Over the weekend of Feb. 27, two weeks after the Senate passed the measure, the Democratic Senatorial Campaign Committee and the National Republican Senatorial Committee, the party fundraising arms for Senate candidates, each held their annual winter meetings in Florida.

About a dozen Democrats, including Dodd, 64, gathered at the Marriott-operated Ritz-Carltonresort in Naples, Florida. Donors who gave at least $15,000 were invited and offered a “coastal view” room at the group rate of $469, according to the Democrats’ invitation.

At least 11 Republican senators held a similar retreat at The Breakers resort in Palm Beach. Rooms could be had for $475 a night. For another $292, participants could play in a golf tournament. The invitation urged guests to make reservations for the resort’s spa “indulgences.”


Tim White

1 comment:

Anonymous said...

It's even worse than what Rennie reports. Mrs. Dodd ran a firm in a notorious tax haven

http://thenextright.com/ironman/all-in-the-family-aig-and-mrs-dodd-in-paradise.

"Taxes are for the little people"