gordon

Senator Dodd's Housing Solution - Cramer's Mad Money (5/21/08)

Apparently, Dodd has accepted more lobbying money than almost anyone in Congress. Reportedly, the homebuilder group even bought one of his vacation homes at an inflated value recently. Homebuilders, as expressed yesterday by Hovnanian, are counting on Dodd to get them the 4-year carry-back loss provision, allowing them to writeoff income taxes paid back 4 yrs instead of 2 So they get back all the taxes they paid in 2 GOOD YEARS! CAN WE GET THAT? Also, they want tax credits for buyers of new homes! THIS ALL SMELLS. DODD smells! This guy wanted the Presidency? He is slime. Expose where his money is coming from.