[StBernard] Sen. Chris Dodd can't retire soon enough

[Westley Annis]

Yep, he really said it.
 
Democrats Vote Down 5 Percent Rule

In a bid to stem taxpayer losses for bad loans guaranteed by federal

housing agencies Fanny Mae and Freddy Mac, Senator Bob Corker (R-Tenn)

proposed that borrowers be required to make a 5% down payment in order

to qualify. His proposal was rejected 57-42 on a party-line vote

because, as Senator Chris Dodd (D-Conn) explained, "passage of such a

requirement would restrict home ownership to only those who can afford it."