According to the Washington Post, the Criminal Clownpeople of the Potomac are one step closer to overhauling the nation’s financial sector — much in the same way a rapist ‘overhauls’ a victim. Speaking of which, noted waitress sandwicher and drinking buddy Christoper Dodd (D-CT), Chairclown of the Senate Banking Committee, had this to say about the bill:
It’s a great moment. I’m proud to have been here. No one will know until this is actually in place how it works. But we believe we’ve done something that has been needed for a long time. It took a crisis to bring us to the point where we could actually get this job done.
And he made this pronouncement through tears. No mention as to whether they were gin-soaked.
This is the same bonehead who confidently declared literal houses-of-cards Fannie Mae and Freddie Mac “fundamentally strong” mere months before they imploded and you paid $200 billion for the government to take them over.
Is Chris Dodd really this stupid? Probably. But more to the point, he is malfeasant. As he heads into the sunset of a much-anticipated (by all) retirement, let’s make him famous not for his decades of financial mismanagment, sweetheart deals, felony pardon procurements or rampaging eyebrows, but for his frank admission of the de facto operating principle of Congress. To reiterate:
No one will know until this is actually in place how it works.