Dodd: Countrywide Discounts Are Okay

They are just like frequent flyer miles, or something. Which, of course, explains why he had to deny knowing about it for about a year. Cuz everyone lies about their frequent flyer program.

Sen. Christopher J. Dodd, chairman of the Banking, Housing and Urban Affairs Committee, said an account executive at Countrywide Financial Corp. told him that the VIP status was "nothing more than ... courtesy stuff."

Cuz, you know, when I get the same treatment as everyone else gets (frequent flyer miles), I totally lie about it.

No favorable treatment at all. That he's getting a unique benefit (mortgage rate reductions) from a company he's supposed to be overseeing is totally kosher. Of course. How could there be anything wrong with it?

Um. Why isn't he in jail? He'll probably end up getting re-elected instead.