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Desperate Dodd Holds Secret Fundraiser With Payday Lenders

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Robbien Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-21-09 12:07 AM
Original message
Desperate Dodd Holds Secret Fundraiser With Payday Lenders
Of all the Senators facing reelection in 2010, Connecticut's Chris Dodd is clearly the most vulnerable. He's deep in the pocket of an industry (finance, hedge funds) that no longer has the money to bankroll him, he's tied to the AIG bonus brouhaha and he made a quixotic run for President that did not endear him to residents of his own state.

Desperate for funds, Dodd has now turned to the absolute dregs of the financial industry: payday lenders.

And what's more, it appears that the fundraising event was designed to look like an industry dinner that members of the Online Lenders Assocation (OLA) just happened to be at.

HuffPo's Arthur Delaney reports:

The dinner "is not an OLA event," OLA spokeswoman Lisa McGreevy said in a subsequent phone interview. But the OLA agenda lists a Dodd dinner -- was there a mixup?

"I don't think there was any mixup," she said. "There is a fundraiser tonight for Senator Dodd."

McGreevy added: "There may be some OLA people there."

When Dodd and Johnson arrived at the restaurant -- Bistro Bis, near the Capitol -- the Huffington Post said hello and asked about the fundraiser.

"Tim is hosting me," Dodd said.

Does it have anything to do with the Online Lenders Alliance?

"Some people will be here from there," Dodd said.

But it's not an OLA event?

"No."

The OLA agenda says the opposite. Picture of agenda at link

http://www.businessinsider.com/desperate-chris-dodd-has-fundraiser-with-payday-lenders-2009-5

Payday lenders, how low can he go?
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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-21-09 12:13 AM
Response to Original message
1. Jeeze. Desperate Dodd vs.who? Who are you backing? Who's
right? Do tell. I'm all ears after this tripe.
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Robbien Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-21-09 12:22 AM
Response to Reply #1
3. Who's right?

The picture of the payday lender's agenda clearly states they are holding a fundraiser for Dodd.

Since I am not from that state, I am not backing anyone.

But payday lenders are not the kind of business which should have the support of Dem Senators.
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ananda Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-21-09 12:14 AM
Response to Original message
2. I SO hope Dodd loses.
Big.
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defendandprotect Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-21-09 12:56 AM
Response to Original message
4. Shame! Shame! Send us a real progressive Dem with no corporate ties -- !!!
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rpannier Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-21-09 01:39 AM
Response to Original message
5. It's extremely disappointing Dodd has adopted this fund raising scheme
But his effectiveness should be based on his voting record.
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northernlights Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-21-09 05:54 AM
Response to Reply #5
6. yeah, well, fine, uh...correct me if I'm wrong but
wasn't he one of the ones looking the other way while wall street was defrauding everyone? Like on the finance committee that was supposed to be enforcing what few financial regulations remained?
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Phoebe Loosinhouse Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-21-09 07:01 AM
Response to Original message
7. Is Lamont in the bullpen warming up? nt
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