By Bob Parks ——Bio and Archives--July 31, 2009
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House Democrats have declined to subpoena available records that might reveal whether other members of Congress got discounted VIP mortgages from subprime lender Countrywide Financial Corp. similar to the sweetheart deals given Democratic Sens. Chris Dodd and Kent Conrad. Republicans say they are willing to risk that the records now held by Bank of America may show that GOP lawmakers were also “friends of Angelo” who got preferential terms on personal mortgages at the behest of then-Countrywide CEO Angelo Mozilo. Rep. Edolphus Towns, D-N.Y., chairman of the House Oversight and Government Reform Committee, said he has other work to do on the causes of and fixes for the financial crisis and will not interfere with other investigations of the VIP loans.Somehow, I don’t think we’ll be hearing the self-righteous left clamoring for transparency and hearings that will reveal the Democrats (once again) as the privileged crooks they’ve always been.
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Bob Parks is a is a member/writer of the National Advisory Council of Project 21. Bob’s websites are Black & Right and youtube.com/BlackAndRight