After reviewing the indictment against former Illinois Governor Rod Blagojevich it becomes apparent that the government’s case will be compelling. In essence, the government alleges that Blagojevich violated his oath of office and conspired with others to secure money and benefits for personal gain and in doing so deprived the citizens of Illinois honest public service.
Icould not help thinking that if one were to replace Blagojevich’s name and the names ofhis co-defendants with Senator Christopher Dodd and Representative Barney Frank the government could make a compelling case against them and their cronies.
It is alleged that Blagojevich solicited persons and companies for donations in a “pay for play” scheme. Senator Dodd solicitedAIG for donations and then arranged millions
in bonuses be allowed in a bailout program. The top recipient of insurance industry contributions isSenator Christopher Dodd. On June 17, 2008, Dodd met twice with reporters and gave accounts of his mortgages with Countrywide. He admitted to reporters in Washington, D.C. that he knew as of
2003 that he was in a VIP program, but claimed it was due to being a good customer, not due to his political position. I defy anyone to explain the difference between Governor
Blagojevich’s actions and the actions of Senator Dodd.
The indictment alleges that Governor Blagojevich’s wife received monies for very little or no services performed. Representative Frank received campaign contributions totaling $42,350 between 1989 and 2008 from Fannie and Freddie Maewhich influenced his support of their lending programs.
Frank's former partner, Herb Moses, was an executive at Fannie from 1991 to 1998, where Moses helped develop many of Fannie’s lending programs. During the time that Frank was in a relationship with Moses, he blocked tougher regulations on the banking companies while voting for the Government Sponsored Housing Enterprises Financial Safety and Soundness Act of 1991 and the Housing and Community Development Act of 1992. Additionally, a review of Frank’s contributors appears to be an index of the nation’s top banking and insurance institutions. Every contributor organization is directly affected by the actions of the House Financial Services Committee of which Representative Frank is the chairman. Once again I see no significant difference between Blagojevich’s actions and that of Representative Frank.
Dodd and Frank have denied and are continuing to deny the citizens of our country honest public service. When their public actions enrich their financial supporters just what could this be called? If their actions are lawful and ethical then just why is the government prosecuting Blagojevich?