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Well, he didn't have to do anything. I'm about as cynical regarding Democrats "action" as anyone, but putting pressure on Obama is what we're talking about isn't it? The netroots rally around Dodd had a positive effect, no? At least initially?
Perhaps Conyers drew the short stick and so is simply going through the motions to provide some sort of political capital and in the case of prosecutions "something is not better than nothing," unless something is prosecutions. But good Dog, you gotta start somewhere.