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Bully Pulpit

The term "bully pulpit" stems from President Theodore Roosevelt's reference to the White House as a "bully pulpit," meaning a terrific platform from which to persuasively advocate an agenda. Roosevelt often used the word "bully" as an adjective meaning superb/wonderful. The Bully Pulpit features news, reasoned discourse, opinion and some humor.

Wednesday, July 23, 2008

Questions About Special Mortgage Sen. Chris Dodd Secured from Countrywide

Under the Radar

(Fox News) -
Largely unnoticed by the national press, questions have arisen about that special mortgage that Senate Banking Committee Chairman Chris Dodd of Connecticut secured from Countrywide Financial. They emerge not in the news section of the Hartford Courant newspaper, but on its editorial page.

Former Republican state Legislator Kevin Rennie writes that Dodd "claimed he got a deal available to any other borrower."

But he said Dodd still has not produced a survey of interest rates available at the time he got the mortgage.

"The chairman of the Senate Banking Committee could get the information if he thought it would confirm his loud claim that it's outrageous to think he got special treatment."

Dodd's wife said other companies offered similar rates. But Rennie says Dodd has failed to identify those other lenders.


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