So far, the bubbling Countrywide loan scandal has ensnared five Democrats—Jim Johnson, Donna Shalala, Dick Holbrooke, Kent Conrad, and Chris Dodd—against one Republican, Alphonso Jackson, who already has a host of scandal problems. But Countrywide doled out these lones in 2003 and 2004, at which time Republicans controlled the House, the Senate, and the White House.
The only plausible explanation for a corruption ratio that heavily tilted towards Ds is that Senate Democrats were the main veto point for any legislation. But that doesn't pass the smell test; the only people jumping up and down saying that the home loan industry had lost its mind and we should regulated it way back in 2003 were a bunch of bloggers, back when "blogger" was even more of a dirty word than it is today.
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