1. Why the shifting explanations?
2. Why the extraordinary Senate help in bailing out Countrywide?
3. Why not use a North Dakota lender?
4. How does the Senate’s self-proclaimed “numbers guy” not know the most basic facts about his own mortgage?
Read the whole thing. But here's the answer:
I know these questions were for Kent Conrad, but I can sum up the real answer. Kent took the deal because saving over TEN THOUSAND DOLLARS on your mortgage is saving a heck of a lot more than that before taxes. Kent’s been in Washington too long, he thinks taxes are for other people that aren’t as special as him.
I'm always amazed at how little it takes to bribe an elected official.
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