Infastructure Spending

The Keystone XL pipeline (blocked by President Obama) and the Kinder Morgan natural gas pipeline into Massachusetts (blocked by Senator Elizabeth Warren) ... are these not both infrastructure projects that are also said to be so badly needed by the Democrats? Perhaps it is because their spending is privately funded as opposed to government projects?

Rabbit Warren

Senator Elizabeth Warren is opposing the continuing financial resolution being considered tonight in Congress. This is because it may cause us to abandon provisions in the Dodd-Frank financial reform bill that keeps the federal government from once again bailing out the big banks in another financial crisis. Much as her rhetoric seems convincing, I sincerely doubt that this Dodd-Frank bill would do any such thing. I strongly suspect that Senator Lieawatha is seizing this opportunity to kill this compromise resolution to grab the spotlight and gain enough media attention to be able to best Hillary Clinton as the next Democrat presidential candidate.

I sincerely hope she wins on both counts. I hope this bill dies tonight and the Democrats are finally fingered as causing a government shutdown ... or we get just a three-month continuation of federal funding. This would put the Republicans, due to their majorities in both houses, in the catbird seat for the next round of budget talks after the first of the year. And I also hope against hope that Senator Warren becomes the front runner (rabbit) of the Democrat party and leaves Hillary Clinton in the dust in the race for this party's nomination. I then believe that our loony liberals would have nominated a Walter Mondale redux for 2016. I doubt that, in the general election, she would even carry Massachusetts, her home state, up against any conceivable Republican candidate ... even, perish the thought, Donald Trump.

Please Allah let it be ...

A Promise Kept

President Obama is not a man that keeps his word … usually. However there is one promise that he made that is coming true … to have electricity rates skyrocket … see: The Free Beacon Story.

Through a combination of his Environmental Protection Agency’s new restrictions on coal-fired power plants and his administration's bureaucratic foot dragging in approving new natural-gas pipelines serving the northeast United States, monthly electricity rates in New England are about to soar 37% in just one year … see: The Boston Herald Story.

And, if you wish to see absolutely nonsensical reporting on this same issue from the liberal media, wade your way through the following set of non-sequiturs: US News Story. Electricity rates are going up because natural gas prices are going down! Come on! Can a lefty reporter get himself more twisted into an illogical pretzel in defending the Obama administration?

Our current set of dreamy Democrat dunderheads decry the country’s lack of infrastructure … then do all that they can to stifle its construction … see: Forbes Story.  Thank you Senator Elizabeth Warren, champion of those of us "getting hammered" by your lame-brained logic.

The Warren Court

I have written before about the tyro Senator from Massachusetts, Elizabeth Warren … see: Lizzy ... basically commending her for putting a bevvy of bank regulators on the hot seat for not bring criminal charges against any banking types for the 2008 financial meltdown.  Since then Senator Warren has, from her position on the bench of the Senate Banking Committee, embarrassed two more sets of financial officials testifying there:

1) She asked the Federal Reserve Chairman, Ben Bernanke, why the “too big to fail” provisions of the Dodd-Frank financial reform law have not yet been fleshed out and implemented.  She said that not only have the big financial-center banks gotten bigger since this act was passed, but that they are benefiting from a money-cost differential between themselves and the smaller regional banks ... to the tune of something like $83 billion per year.  (See: Huffington Post Story).  Bernanke gave a dismissive response even after Warren kept pressing him on this issue.  (I must add however that, after Bernanke’s testimony was over, one could see Warren rushing up to the Fed Chairman as he was exiting the hearing room, presumably with some backtracking words.)

2) And, more recently, Senator Warren pressed Treasury officials as to why officers of HSBC bank have not been prosecuted (and/or had serious sanctions imposed on the bank) for laundering considerable drug money whereas minor drug dealers end up in the poky, see: Reddit Reference.  (HSBC did pay a $1.92 billion fine which seems to indicate that these were pretty serious offenses.)

Please don’t misunderstand me.  Although I commend Ms. Warren on her aggressive cross-examination style from the bench of the Senate Banking Committee, I still have serious questions about her own ethics regarding her long-ago claims of minority Native-American status … and the character weakness she displayed in how she ran her campaign against the incumbent Senator Scott Brown.  So I am conflicted about my above paeans for this woman ... but I do hope she continues her aggressive judicial ways from the bench.