Corruptocrat Chris Dodd to Step Aside– Senate's Most Corrupt Politician Will Not Run Again
Embattled Connecticut Sen. Chris Dodd (D) has scheduled a press conference at his home in Connecticut Wednesday at which he is expected to announce he will not seek re-election, according to sources familiar with his plans.
Dodd’s retirement comes after months of speculation about his political future, and amid faltering polling numbers and a growing sense among the Democratic establishment that he could not win a sixth term. It also comes less than 24 hours after Sen. Byron Dorgan (D-N.D.) announced he would not seek re-election.
State Attorney General Richard Blumenthal is widely expected to step into the void filled by Dodd and, at least at first blush, should drastically increase Democrats’ chances of holding the seat.
Dodd will now have more time to spend at his meager Irish cottage.
Dodd bought this cottage is a very shaky deal after Clinton left office.
The Telegraph reported:
Dodd became part owner of the 10-acre Galway property in 1994 along with Missouri businessman William Kessinger, whom Dodd knew through investor Edward R. Downe Jnr, who had pleaded guilty the previous year to insider trading charges. The mortgage was listed as “between $100,001 and $250,000″. Downe was a witness to Kessinger’s purchase.
In 2001, Dodd circumvented the US Justice Department to help get his pal Downe a full pardon on President Bill Clinton’s last day in office. The following year, Dodd bought off Kessinger’s two-thirds share of the “cottage” for, Dodd said, $127,000.
Ever since then, Dodd has continued to list the value of the property as “between $100,001 and $250,000″.
Check out the picture of Dodd’s “cottage” (provided to me by Rennie), where he spends summers and which is looked after during the rest of the year by a caretaker. It’s not exactly the humble tumbledown abode with a leaky thatched roof, a fireplace with peat thrown on it and donkey tethered outside that the Senator might like you to envisage.
The nearby village of Roundstone is a celebrity hangout. When he’s there, the Sunday Times reported in 2007, he’s likely to “rub shoulders with [RTE’s] Pat Kenny, Bill Whelan of Riverdance, Lochlann Quinn, the former AIB chairman, and the singer Brian Kennedy”.
Given the Irish property boom, a conservative estimate would be that the house would be worth approaching $1 million, and very possibly much more than that.
The patriots at Dump Dodd deserve some recognition for shining light on this corruptocrat.