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Breaking: Senator Chris Dodd (D-CT) to Retire

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Wed, 01/06/2010 - 01:55 | Link to Comment GoldmanSux
GoldmanSux's picture

We're winning. The fukka new hiss asse was gonna get kikked. Next program...dont do business with his  lobbyist clients.

Wed, 01/06/2010 - 04:06 | Link to Comment Anonymous
Wed, 01/06/2010 - 08:58 | Link to Comment Anonymous
Wed, 01/06/2010 - 12:05 | Link to Comment Careless Whisper
Careless Whisper's picture

@Anon  It's a common mistake to underestimate the McMahons. Keep your eye on Linda McMahon.

Wed, 01/06/2010 - 09:30 | Link to Comment john_connor
john_connor's picture

This might be some stumbled upon "strategerie" by the Dems.  Dodd was at high risk of losing his seat, so now they can hand pick a wild card to run based on his/her perceived strengths and weaknesses and Connecticut demographics.  Politics as usual. 

Wed, 01/06/2010 - 11:14 | Link to Comment mikla
mikla's picture

+1

Wed, 01/06/2010 - 01:58 | Link to Comment Dkizzle49855
Dkizzle49855's picture

The major problem is how much more damage he can create before hitting the highway.  I wouldn't put it past him to really rape the people on the way out the door.

Wed, 01/06/2010 - 10:00 | Link to Comment Mad Max
Mad Max's picture

Essentially guaranteed, isn't it.

Wed, 01/06/2010 - 02:02 | Link to Comment Gilgamesh
Gilgamesh's picture

When you're losing to everyone in the race, including someone just getting in - Former World Wide Entertainment CEO Linda McMahon - it wasn't a very Merry Christmas at the Dodds.

Wed, 01/06/2010 - 02:03 | Link to Comment TimmyM
TimmyM's picture

The Washington Post does not even mention Peter Schiff?

Wed, 01/06/2010 - 13:47 | Link to Comment VegasBD
VegasBD's picture

Of course not, but we're used to it.

You must not have been a RP fan this past election...

Wed, 01/06/2010 - 02:08 | Link to Comment SilverIsKing
SilverIsKing's picture

It wouldn't surprise me if we begin to see more of this sort of thing as the election draws nearer.  It's a face saver and the democrats are going to need a lot of faces saved.  Soon the term, "pulling a Dodd" will become part of the D.C. vernacular.

Wed, 01/06/2010 - 02:09 | Link to Comment GoldmanSux
GoldmanSux's picture

Wrong title. Should read...Run outta town!

Wed, 01/06/2010 - 02:10 | Link to Comment Anonymous
Wed, 01/06/2010 - 02:11 | Link to Comment delacroix
delacroix's picture

dorgan quitting too.

Wed, 01/06/2010 - 02:18 | Link to Comment chumbawamba
chumbawamba's picture

He's trying to get a headstart against the angry mobs.  He's packing his bags as I write this.

I am Chumbawamba.

 

Wed, 01/06/2010 - 02:42 | Link to Comment wangchung
wangchung's picture

Yep, Dodd is getting out before the pitchforks come out.  He's a criminal greedy bastard but he knows enough to pull out  before the lamp post decorating party. 

Wed, 01/06/2010 - 03:23 | Link to Comment Unscarred
Unscarred's picture

+100

Wed, 01/06/2010 - 04:08 | Link to Comment TheGoodDoctor
TheGoodDoctor's picture

Because of the health bill, the credit card bill of rights, or lack of financial regulations? Or is he really that bad off in terms of his cancer?

Wed, 01/06/2010 - 08:58 | Link to Comment Anonymous
Wed, 01/06/2010 - 12:25 | Link to Comment Anonymous
Wed, 01/06/2010 - 10:34 | Link to Comment Anonymous
Wed, 01/06/2010 - 02:21 | Link to Comment Anonymous
Wed, 01/06/2010 - 03:55 | Link to Comment faustian bargain
faustian bargain's picture

That would be fine, except one of the more promising anti-corruption candidates out there (Peter Schiff) stood a better chance running against Dodd than he does against whoever will be replacing him on the Dem side in the election. We need people with a certain amount of integrity (and rationality) more than we need indiscriminate replacements.

Wed, 01/06/2010 - 02:21 | Link to Comment CD
CD's picture

Well, at least there goes one... There are a lot more left, and more where that came from, etc.

However, as legislative immunity from civil lawsuits expires upon completion of current term in Senate, the question arises as to whether there was ever a successful class action lawsuit attacking and demanding personal restitution for legislative behavior that caused grievous, demonstrable harm.

Wed, 01/06/2010 - 02:27 | Link to Comment Anonymous
Wed, 01/06/2010 - 02:43 | Link to Comment geopol
geopol's picture

Peter Schiff

 

 

Wed, 01/06/2010 - 03:24 | Link to Comment Unscarred
Unscarred's picture

-100

I hope you are wrong, geopol.

Wed, 01/06/2010 - 16:24 | Link to Comment geopol
geopol's picture

Hi Unscarred, HNY

 

I think I'm wrong on this after consideration,  dems now have a better opportunity without Dodd's baggage. As it relates to PS he is a constitutional and  Austrian School guy, maybe counter to CT's overall entitlement politics.

 

News at eleven...

Wed, 01/06/2010 - 21:21 | Link to Comment Unscarred
Unscarred's picture

My biggest point of contention with Peter Schiff is that, although he correctly identified the ensuing bear market in U.S. equities (hell, he authored a book titled "Crash Proof"), he missed on every other call and lost upwards of 40% to 70% of his clients money in 2008.

Let's put aside the fact that he grandstanded on every major business news network the world over and stated that he WASN'T wrong on his investment choices (though his clients accounts say otherwise), and that time will be his ultimate measure of success.  Before any meaningful period of time can pass, he announces that he will pursue Dodd's seat in the Senate, effectively bailing altogether on his investors who are still nowhere close to getting back to even. What a guy!

All politics aside (I tend to be socially liberal and fiscally conservative), I feel that there is much to be said for an Austrian School descendant being elected to help counterbalance the left-leaning penchant of Washington right now.  But I see Schiff as an incredible flake, same as the guy who's seat he's trying to win.

And I do agree with you about the Democrats; this may hurt them a bit in the short-term, but strengthens their party long-term.

Personally, I'm pulling for the wrestler.

Wed, 01/06/2010 - 02:32 | Link to Comment myshadow
myshadow's picture

This is hardly a plus, tim johnson is the next in line for chairmanship and he is a total bankster toady and dumb.
Any reform is fading fast. rahm packed the Finance committee in the house with a bunch of bluedogs and what little good frank was, is dissipated, I'm sure the banksters will be popping corks tomorrow.

Wed, 01/06/2010 - 02:41 | Link to Comment laughing_swordfish
laughing_swordfish's picture

Prediction:

Democrat majority declines to 53-47.

Harry Reid will be defeated for re-election. He's running behind every potential Repub contender in the race. But, latest rumor here in Vegas is he may "retire" to save face and help his worthless Clark County Commissioner son Rory run for Governor on the same ballot.

Wed, 01/06/2010 - 04:10 | Link to Comment TheGoodDoctor
TheGoodDoctor's picture

Fucking fascists! Can't take a loss. Can't admit they are wrong. This is bullshit.

Wed, 01/06/2010 - 02:47 | Link to Comment jesus
jesus's picture

Hopefully freedom from re-election means he can actually do some good in his last, right some wrongs. We shall see, but it wouldn't be the first time a pol went off the rails when the pressure of re-election was no longer there.

 

 

 

Wed, 01/06/2010 - 03:12 | Link to Comment Anonymous
Wed, 01/06/2010 - 03:21 | Link to Comment Unscarred
Unscarred's picture

Chris Dodd to step aside

Embattled Connecticut Sen. Chris Dodd (D) has scheduled a press conference at his home in Connecticut Wednesday at which he is expected to announce he will not seek re-election, according to sources familiar with his plans.

 

Dodd's retirement comes after months of speculation about his political future, and amid faltering polling numbers and a growing sense among the Democratic establishment that he could not win a sixth term. It also comes less than 24 hours after Sen. Byron Dorgan (D-N.D.) announced he would not seek re-election.

Unfortunately, this really isn't too much of a surprise.

Without Dodd as a foil, Republicans chances of taking over a seat in this solidly blue state are considerably diminished. Former Rep. Rob Simmons and wealthy businesswoman Linda McMahon are battling it out for the Republican nod but either would start as an underdog in a general election matchup with Blumenthal.

Unfortunately, this really isn't too much of a help.

Wed, 01/06/2010 - 04:14 | Link to Comment Klaatu
Klaatu's picture

"Unfortunately, this really isn't too much of a help."

Yea, kinda like being cured of syphilis just to be given gonorrhea.

Wed, 01/06/2010 - 03:27 | Link to Comment Andrei Vyshinsky
Andrei Vyshinsky's picture

When the peoples' time comes, no politician that has been complicit in the theft of our democracy will escape detention, interrogation and public trial. No simple act of resignation will provide an escape hatch for them as the peoples' memory is long and its experience to date with these snakes profoundly painful. Dodd can run but he can't hide.

Wed, 01/06/2010 - 04:13 | Link to Comment TheGoodDoctor
TheGoodDoctor's picture

Amen. Thank you Lord! Thank you Jesus!

Wed, 01/06/2010 - 03:35 | Link to Comment Anonymous
Wed, 01/06/2010 - 04:13 | Link to Comment TheGoodDoctor
TheGoodDoctor's picture

Well, let's get Schiff elected. Donate!!!!!!!!!!!!

Wed, 01/06/2010 - 03:44 | Link to Comment Quantum Nucleonics
Quantum Nucleonics's picture

Four thoughts...

1. Don't let the door hit you on the way out, a$$hole.

2. Nothing's more dangerous than a senator no longer beholden to his special interest masters, er, voters.

3. He and Dorgan know 2010 is going to be a bloodbath at the polls for the Dems.

4. Meet the future new board member of Citi Bank.

Wed, 01/06/2010 - 03:49 | Link to Comment weelp
weelp's picture

Peter Schiff for Senate!

Wed, 01/06/2010 - 03:53 | Link to Comment Anonymous
Wed, 01/06/2010 - 03:56 | Link to Comment Number 156
Number 156's picture

If the economy encounters a full on collapse, yes, they could be held accountable by an angry, uncontrollable populace.

I can see the motivation to throw endless sums of money at the problem. Its like putting out a magnesium fire with water.

Hmmmm, I wonder.. Could thoughts such as those be really going through their mind, as they are really the only ones who really know the true depth and seriousness of the problem they face. 

Wed, 01/06/2010 - 04:16 | Link to Comment TheGoodDoctor
TheGoodDoctor's picture

This is pretty crazy between Dodd and Dorgan. Something is going on that is for sure!

Wed, 01/06/2010 - 04:24 | Link to Comment Anonymous
Wed, 01/06/2010 - 04:46 | Link to Comment delacroix
delacroix's picture

the rats know the ship is sinking, before any of the passengers, and most of the crew

Wed, 01/06/2010 - 04:58 | Link to Comment Silver_Bullet
Silver_Bullet's picture

Men of good will need to be careful of Peter Schiff even though his dad is dying in prison for fighting the illegal Fed.  Peter is a neo-con warmonger, and not a serious strategist.  The Rogue Network types will run rings around him and stampede him into ruinous bankrupting wars.  Don't be seduced by his good words and think he is a great statesman.  I guess he is better than Dodd though.  Hell, I suppose it is almost impossible to be worse than a Wall St shill like Dodd.

Wed, 01/06/2010 - 05:28 | Link to Comment faustian bargain
faustian bargain's picture

Frankly we should be wary of anyone who wants to be an elected official.

But I don't believe he's a 'neo-con warmonger', just judging by his economic position. Warmongering is possible only with the support of the Federal Reserve...without it, the taxation that would be required to fund our wars would make them political non-starters.

Wed, 01/06/2010 - 05:38 | Link to Comment Renfield
Renfield's picture

Also, wars don't build up a treasury - they deplete it.

Something Schiff is surely aware of.

Wed, 01/06/2010 - 09:57 | Link to Comment Anonymous
Wed, 01/06/2010 - 11:55 | Link to Comment Anonymous
Wed, 01/06/2010 - 11:57 | Link to Comment Overpowered By Funk
Overpowered By Funk's picture

Neo-Con warmonger? I don't recall ever hearing him extolling the virtues of the military industrial complex. What is your source?

Wed, 01/06/2010 - 05:17 | Link to Comment Anonymous
Wed, 01/06/2010 - 05:20 | Link to Comment Renfield
Renfield's picture

Wasn't he one of the "Friends of Angelo"?

PS: How does a one-word post get a 5/5 rating from 5 people...?

Wed, 01/06/2010 - 07:35 | Link to Comment Zombie Investor
Zombie Investor's picture

Come on Barney, do the right thing and announce you're retiring.

Wed, 01/06/2010 - 08:04 | Link to Comment lynnybee
lynnybee's picture

thank god & good riddance.   

Wed, 01/06/2010 - 08:49 | Link to Comment Anonymous
Wed, 01/06/2010 - 10:07 | Link to Comment Anonymous
Wed, 01/06/2010 - 09:04 | Link to Comment HEHEHE
HEHEHE's picture

When the revolution comes this guy will be one of the first trotted out to the guillotine.  A-hole is head of the Finance Committee and we're supposed to believe he didn't realize he was getting a deal on his Countrywide loan.  If that was the case you should have resigned for incompetence years ago.

Wed, 01/06/2010 - 09:10 | Link to Comment Anonymous
Wed, 01/06/2010 - 09:24 | Link to Comment KidHorn
KidHorn's picture

I'm not sure what would be better news. Dodd stepping down or Barney Frank stepping down.

Wed, 01/06/2010 - 09:59 | Link to Comment Mad Max
Mad Max's picture

One down, 97-98 left to go.  And about 434 in the House.

Wed, 01/06/2010 - 16:58 | Link to Comment TheGoodDoctor
TheGoodDoctor's picture

Who is the man that is still in then? Ron Paul I hope! :)

Wed, 01/06/2010 - 10:00 | Link to Comment Anonymous
Wed, 01/06/2010 - 12:30 | Link to Comment Anonymous
Wed, 01/06/2010 - 10:12 | Link to Comment Anonymous
Wed, 01/06/2010 - 10:17 | Link to Comment eggy123
eggy123's picture

I am in CT. Blumenthal, the asshole AG announced that he will run for Dodd's seat. Unfortunately, Blumie is very popular in CT and will win hands down. All we will do is swap one corrupt thief for another.

Wed, 01/06/2010 - 12:01 | Link to Comment Overpowered By Funk
Overpowered By Funk's picture

Heard him on CNBC this morning. He sounded like a pol - boring and in the club already. If CT elects this guy they deserve what they get.

Thu, 01/07/2010 - 08:14 | Link to Comment eggy123
eggy123's picture

Couldn't agree more. But CT has a long history of electing suck-ass politicians (even by politician standards). We are only behind MA, CA, and NY in that category.

Ironically, Ron Paul does very very well here relative to other states.

I personally will vote for Schiff if he runs.

Wed, 01/06/2010 - 11:05 | Link to Comment Anonymous
Wed, 01/06/2010 - 11:13 | Link to Comment Gimp
Gimp's picture

One less scumbag in politcs to worry about, he has made his money and is now doing a runner....before the indictments

Wed, 01/06/2010 - 11:56 | Link to Comment thegreatsatan
thegreatsatan's picture

I think you messed up, it should be Chris Dodd (D-CW) "country wide"

Sat, 01/09/2010 - 19:17 | Link to Comment Anonymous
Sat, 01/09/2010 - 19:19 | Link to Comment Anonymous
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