Christopher Dodd on Landmark Financial Overhaul: “No one will know until this is actually in place how it works”
posted at 1:05 pm on June 25, 2010 by Rovin
Does this statement sound vaguely familiar? How about Nancy Pelosi’s now infamous proclamation during the health care debate: “We need to pass ObamaCare so that the public can find out what’s in the bill”
But there seems to be a “glitch” in the reporting of this story. Apparently, only the Washington Post properly quoted Mr. Dodd.
By Brady Dennis
Washington Post Staff Writer
Friday, June 25, 2010; 10:51 AM“It’s a great moment. I’m proud to have been here,” said a teary-eyed Sen. Christopher J. Dodd (D-Conn.), who as chairman of the Senate Banking Committee led the effort in the Senate. “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.” link (emphasis mine)
Searching the major online news outlets this morning, it appears the New York Times and the LA Times decided to “edit” Mr. Dodd’s statement:
Senator Christopher J. Dodd of Connecticut, the Democratic chairman of the Senate Banking Committee, said legislators were still uncertain how the bill will work until it is in place. “But we believe we’ve done something that has been needed for a long time,” he said. link (emphasis mine)
“We’ve done something that’s been badly needed, sorely needed for a long time and we hope will protect our country, create the kinds of jobs and wealth and optimism and trust once again in our financial systems that’s been so missing,” Dodd said after the final vote shortly before 6 a.m.. “It’s a great moment.” link
Credit the NY Times for getting close, substituting “legislators” for “no one”. And, of course, the ever reliable Associated Press, (that supplied most of the other major papers), just simply left out Mr. Dodd’s quote, and passed on this “critically abbreviated” quote:
By JIM KUHNHENN, Associated Press Writer June 25, 2010 07:07 AM
“It took a crisis to bring us to the point where we could actually get this job done,” Senate Banking Committee Chairman Christopher Dodd said. Link
Now before some editor at the Washington Post decides to go in and edit Washington Post Staff Writer Brady Dennis’s quote of Chris Dodd’s “No one will know….”, could some one here please do a screen capture and let me know if “you’ve got it”?
Sidenote: President Obama’s staff must have put some fairly good pressure on the House and Senate last night to move this legislation along, so he would have something to carry to the G20 summit in Canada. According to reports, these congress-critters stayed up all night producing something we will all know more about when it becomes real law.
Now this is what we call transparency, right?
Blowback
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Would you let this doctor perform surgery on you? “We won’t know until it’s in place how this artificial heart works.”
Daggett on June 25, 2010 at 1:13 PM
“And oh, by the way, I’m the same doctor that gave you the heart attack. And the surgery I am doing won’t fix the problem that caused the heart attack. That operation is too hard.”
rockmom on June 25, 2010 at 1:34 PM
I feel like I’m taking crazy pills. HOW THE *&$#*(% could dodd and frank be allowed to have this kind of power? I need to lie down now.
WitchDoctor on June 25, 2010 at 1:53 PM
FIFH
cs89 on June 25, 2010 at 2:05 PM
Sadly as the journos are so worthless Americans do not know who the architects of the subprime crisis are.
http://www.youtube.com/watch?v=ivmL-lXNy64
clnurnberg on June 25, 2010 at 6:29 PM
Yes Rovin, you’re on a roll…
Several of us were discussing this last night at a rodeo; we all agreed that what we are watching is our very own government waging war on it’s citizens.
Keemo on June 26, 2010 at 8:43 AM
It is astonishing that any Senator would tell us he has no idea of how his legislation will work until it is passed and implemented. Why would anyone even consider voting for a bill which may or may not work, but is sure to create new costs and serious dislocations. And worse, the bill ignores “Too Big to Fail” and Fannie and Freddie.
This is all playing at legislating. We are being governed by children throwing sand around in the sandbox. Look around! We had a $850 billion stimulus bill that didn’t stimulate. We have a 2500 page health care that has contained so many surprises and lies it has become an anchor around the neck of legislators. We have a DISCLOSE act that is touted as free speech, but actually restricts political speech except for the favored few. We have this 2000 page grandiose financial reform bill that even the author won’t predict what it will actually do. And, these are to be followed with an immigration bill and a cap and trade bill? Heaven help us. They do not know what they do.
RickCaird on June 26, 2010 at 2:51 PM
It sounds like what they said about The Patriot Act – another bill that Congress didn’t read before passing, and most Americans still have no clue what it allows our government to do. I bet this FinReg bill will expand the size and power of the federal government and be just as ineffective as TPA.. and we won’t be able to get rid of it either.
yes… just like The Patriot Act – give the government a crisis and it will use it to grab power that it normally would not be allowed to grab.
popularpeoplesfront on June 26, 2010 at 5:35 PM
Oh please give us some examples of where the Patriot Act has invaded or infringed on American’s civil rights. Show me where the masses are having their privacy invaded. With all the other powergrabs Obama’s government has comitted in just the past year, this is a poor example of government intrusion.
Rovin on June 26, 2010 at 9:01 PM