Senator Dodd calls for his own resignation

- Satire - After calling for the resignation of GM Chairman and CEO Rick Wagoner and suggesting that Wagoner “move on,” and in a refreshing display of honesty rarely seen among politicians in Washington, Senator Chris Dodd--Chairman of the Senate Banking Committee--called for his own resignation today.

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In an exclusive interview with Stoos Views , Dodd mused: “You know, I got to thinking…after presiding over the Fannie Mae and Freddie Mac disasters--which cost the taxpayers billions and happened on my watch; after taking $133,900 in donations from Fannie Mae and Freddie Mac at the same time I was supposed to be monitoring them, what kind of hypocritical, incompetent SOB would I be if I did not resign myself? After all, I am largely responsible for the current financial debacle facing this country. Therefore, to be morally consistent, I have, this day, called for my resignation as Chairman of the Senate Banking Committee. I expect to hear from myself by the end of the day, as to whether to submit and accept my resignation. As I told the Chairman of GM: It is time for new leadership.” Dodd continued: “And to be perfectly consistent, my friend and partner in incompetence, Barney Frank, ranking Democrat on the House Financial Services Committee must likewise move on. After all, he told us that ‘these two entities, Fannie Mae and Freddie Mac, were not facing any kind of financial crisis.’ He received tens of thousands of dollars from these organizations too. Like me, he failed to monitor these institutions and was woefully incompetent as well.” Dodd went on to say that he will soon propose the creation of another bloated, expensive, and inept federal bureaucracy--“The Car Czar”--to oversee the billions of dollars that he and Frank intend to give the Big Three auto makers and to do that which Congress was hired to do--monitor the expenditure of public monies. “What’s a few billion more,” Dodd remarked, “we can print as much money as we want!” Dodd concluded that he also favors the creation of a second new federal bureaucracy, designed to oversee Members of Congress--“The Hypocrisy Czar.” Congressman Frank--who did not show up for work today in observance of national “Call in Gay Day” --could not be reached for comment. He is expected to admit his incompetence and resign as well. Reportedly, no one in his office noticed he was gone.