January 24, 2009


The country will continue to suffer hard times until credit starts to flow again and people begin to regain confidence in the economy, U.S. Sen. Christopher Dodd, D-Conn., told Eastern Connecticut leaders Friday. “It’s a crisis of confidence,” Dodd, chairman of the Banking, Housing and Urban Affairs Committee, told the Southeastern Connecticut Council of Governments.

Of course, one reason for losing confidence appears later in the story: “Dodd is being investigated for possible ethics violations in connection with discount mortgages he received from Countrywide Home Mortgages during his committee chairmanship.”

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