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Showing posts with the label Appolo Management

Connecting Dodd’s Dots

The Journal Inquirer has reported that U.S. Sen. Chris Dodd is worried about unintended consequences and seeks to act responsibly. Dodd was not worried that a plan he supports to withdraw American troops from Iraq by March would be attended by unsupportable consequences. The senator was taking about friendly contributors to his campaigns. “Managers and partners at private equity firms, whose personal income-tax bills could double under proposed legislation,” the paper disclosed, “continue to be among the biggest contributors to U.S. Sen. Christopher J. Dodd's quixotic bid for the 2008 Democratic presidential nomination, Federal Election Commission records show.” During Sunday’s televised presidential debate, Dodd allowed that he “might” join the three Democrat presidential frontrunners -- Sen. Hillary Clinton of New York, Sen. Barack Obama of Illinois, and former Sen. John Edwards of North Carolina -- in supporting “some version of proposals to hike taxes on highly-compensated dea...