Reid appointed himself to the Stimulus Conference Committee and masterminded the deal – and now refuses to talk about it.

Call Harry Reid and tell him you know what he did – and that you will be contributing money to defeat him in 2010:

1-866-SEN-REID

And Rasumussen reported that more Americans oppose the $1.2 trillion (including intest) bill than support it.   Here are some blurbs:

The latest Rasmussen Reports national telephone survey found that 37% favor the legislation, 43% are opposed, and 20% are not sure.

Two weeks ago, 45% supported the plan. Last week, 42% supported it.

Opposition has grown from 34% two weeks ago to 39% last week and 43% today.

Sixty-four percent (64%) of Democrats still support the plan. That figure is down from 74% a week ago. Just 13% of Republicans and 27% of those not affiliated with either major party agree.

Seventy-two percent (72%) of Republicans oppose the plan along with 50% of unaffiliated voters and 16% of Democrats.

Meanwhile Congressional Republicans doubt whether the bill will save or create the 3 to 4 million jobs Obama and the Dems claim.

The bill is full of pork and nonsense and needs to be scrapped.

Because Americans are calling for “More pork, please!”

Corker (R-TN)
Cornyn (R-TX)
Crapo (R-ID)
Ensign (R-NV)
Graham (R-SC)
Gregg (R-NH)
Hatch (R-UT)
Shelby (R-AL)
Snowe (R-ME)
Voinovich (R-OH)

Come on, guys:  even Arlen Specter voted No on this one!

As did Democrats Tom Harkin, Robert Byrd, and Russ Feingold - and Independent Bernie Sanders.

A former Countrywide Financial loan officer, Robert Feinberg, has come forward saying Dodd knowingly saved thousands on his 2003 re-fi’s as “part of a special program the California mortgage company had for the influential.” 

He says he’s in possession of internal company docs proving Dodd knew full well he was getting very preferential treatment as a “Friend of Angelo” Mozilo, Countrywide’s then-CEO. 

From the WSJ piece:

“People are referred into that department as ‘very important people.’ You’re told that your loan is priced from Angelo. As the ‘Friends of Angelo department,’ [the department] has to give them a sense of importance and explain the reduction of fees and the rate as a result of being a ‘Friend of Angelo,’” [Feinberg] says. According to a report by Dan Golden in Condé Nast Portfolio in August, other VIPs included Senator Kent Conrad. Mr. Golden reported that “Countrywide also offered special discounts to congressional staffers involved in housing issues.”

As to Mr. Dodd, Mr. Feinberg says he spoke to the Senator once or twice and mostly to his wife and that like other FOAs Mr. Dodd got “a float down,” which means that even after he had a preferred rate, when the prevailing rate dropped just before the closing, his rate was reduced again. Regular borrowers would pay extra for a last-minute adjustment, but not FOAs. “They were aware of it because they were notified and when they went to the closing they would see it,” Mr. Feinberg says, adding that he “always let people in the program know that they were getting a very good deal because they were ‘Friends of Angelo.’”

And:

One indicator of [Dodd's] influence is the $165,400 in campaign contributions — more than to any other politician — that Fan and Fred have given him since 1989, according to the Center for Responsive Politics. These contributions are legal.

But favors like those Mr. Dodd is alleged to have received may not be.

Mr. Feinberg says he went public with his story because when he heard Senator Dodd on TV talking about predatory lending, he felt it was “hypocritical” and he says, “I just thought, ‘This is wrong.’”

You’d think after Chuck Schumer’s ignorance was plastered all over the news for leaking his letter to the Office of Thrift Supervision and personally creating the run on IndyMac Bank that destroyed IndyMac in just 3 business days that Democrats would learn to keep their mouths shut.

E!!:

You would, wouldn’t you?

Alas, Harry “I Am Compelled to Bloviate” Reid (D-NV), has not learned to keep his big trap shut.

Exhibit 1: Reid’s recent statement that he’d heard a big player in the insurance industry was on the verge of failure.

Exhibit 2: Three insurance companies fitting Reid’s description, “… a major insurance company — one with a name that everyone knows …” had major stock selloffs following his comments.

While I certainly don’t condone rumor-spawned panic among shareholders, the reality is that investors are reeling and the least little ripple rocks their proverbial boat.

So it is that Reid’s ego grew three sizes while MetLife stock plunged $7.19 (15%) to $40.96; Hartford dropped $12.20 (32%) to $25.91; and Prudential sank $7.15 (11%) to $57.65.

Reid then came out with a statement that he was “not personally aware of any particular company being on the verge of bankruptcy” and that “he has no special knowledge about nor has he talked to any insurance company officials.”

Whatever, Dude.

You either knew something or not, but either way, you ran your mouth, scared people out of their wits, and caused a major sell-off.

Apparently “consumer confidence” is a concept that exists outside the scope of Senator Reid’s cognitive skills.

Or perhaps he just doesn’t give a damn, because consumer panic and irrational thinking equal more room for government meddling – and possibly an Obama win.

My friends at ATR reminded me that last night, September 30th, at midnight, the bans that have been in effect since 1982 on domestic shale oil and outer continential shelf drilling expired.

Don’t throw a parade just yet, though.

 ATR points out that in February of this year there were 487 leases issued in Alaska’s Chukchi Sea, which holds an estimated 15 billion barrels of oil, however – due to frivolous lawsuits – all 487 leases are delayed.

 Also, there are 748 leases between two major seas in Alaska, the Chukchi and Beaufort, and exploration in every single lease was legally challenged in May of this year. 

 You may want to give your senator or congressman a call on this.  And also feel free to give a shout out to congressional leaders Rep. Pelosi and Sen. Reid a call and tell them to pass expedited leasing, state profit sharing, and judicial review legislation.   Here’s their info:

 Sen Reid:

Reno, NV Office Contact: 

Phone: 775-686-5750

Washington DC Contact: 

Phone: 202-224-3542

 Rep. Pelosi:

San Francisco, CA Office Contact: 

Phone: (415) 556-4862

Washington, DC Office Contact : 

Phone: (202) 225-4965