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

[Westley Annis]

No, he really didn't say it.
 
Richard
 
http://factcheck.org/2010/06/satire-alert-dodds-quote-on-mortgages/
 
 
 

> 

> 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."

> 

>