Yesterday Senator Christopher Dodd (D) Connecticut was on CNN and the transcript is frightening.
CNN Transcripts 9/19
SEN. CHRISTOPHER DODD (D), CONNECTICUT: Well, I'm going to be reluctant to repeat exactly the words, not because I can't remember them, but,
because, if you were to repeat them exactly, I'm fearful it might cause even more concern.
I can't begin to tell you. I have been here for 28 years, Wolf, been in a lot of very critical meetings involving a lot of important events over the
last quarter-of-a-century. I can't recall another occasion when I was in a room where statements were made about the conditions of not only our
economy, but the global economy, that caused every member in that room, the leadership of the House, the Senate, Republicans, Democrats, leaders of
committees, that, when Chairman Bernanke finished his appraisal, a brief appraisal, along with Hank Paulson, there was dead silence in the room for
maybe five to 10 seconds.
The oxygen went out of the room. People were stunned by what they heard. And I'm angry about this, because I think this was preventable, I will tell
you, but we're not going to talk about that today, because the issue is, what do we do?
I don't think it gets any scarier than this, and I am
mad we can't be told what was said, because we have a right to know just how bad it
I wonder if Dodd is saying this to ultimately support the emergency Bill they are working on this weekend (to justify it) even though I personally
feel that what has already gone on this week is a disastor, no matter what you saw the markets do at week end, or is he going to support McCain
"rushing back to Washington" as reported to stop the bailouts (if he ends up putting his money where his mouth is).
Dodd does say we need to put partisanship aside right now and fix this, but the question still remains, can it be fixed? For it to really be fixed, it
has to be a solution that doesn't crash us later, and so far I haven't seen anything suggested that won't.
Again - I want to know what Bernake said, I don't care what kind of panic it causes, we have a right to know what we are facing so we can personally
decide if our elected officials are doing what we need them to do, and let them know where we stand (badger them all weekend while we still have a
If only we could trust our elected officials to fix this, but let's review:
Even in the quote above Dodd states this (whatever it really is) was preventable.
Earlier in the week it was reported that Congress was just going to go home, because they didn't have a clue what to do now.
Now we have some emergency attempt to fix it this weekend, and by the time it happens (if it does) it will be too late for our input.
They let "this" happen, they didn't protect this country so far. They musn't have understood the repercussions or else they did and condoned them
at the time.
How can we trust them to protect us now?
I want answers - don't you?
Once again, I am shamelessly asking for this post to be flagged & starred if you think (as I do) it's worthy of being seen by as many people as
[edit on 9/20/2008 by Relentless]