Turning America into Detroit

The congresscritters in Atlas Shrugged said things similar in meaning, but not one of them was so dumb as Maxine “Moral Hazard” Waters.

If they [banks] don’t come up with loan modifications and keep people in their homes that they’ve worked so hard for, we’re going to tax them out of business

The ways in which this is stupid are beyond counting, but one has to wonder what is Ms Waters plan if she destroys all the banks. Didn’t we just get done bailing them out?* Are they suddenly too resistant to making more stupid loans not to be forced to fail?

Ms Waters, of course, is the congresscritter who threatened to nationalize the oil companies, “[T]his liberal will be all about socialize [sic]…er, ah … basically, … about the government taking over and running your companies!” One can presume she means the same thing when threatening to tax banks into extinction. The “government taking over your banks and giving them to Fannie Mae.” We know how that’s worked so far.

Even aside from its lack of conciseness, “the government taking over and running your companies,” is not a good euphemism for “socialize.” It is far too straightforward. But Maxine Waters apparently didn’t even get the memo that the proper description of her statist policies is “progressive,” which at least has the virtue of moving the statists away from their appropriation of “liberal.” A word that doesn’t mean what they’ve turned it into.

*Including her husband’s to the tune of $12 million.

Thanks Dianne

Predator drones flown from base in Pakistan, U.S. lawmaker says
Sen. Feinstein’s surprise disclosure likely to complicate joint campaign against Taliban militants

At a hearing, [Senator Dianne] Feinstein [D, CA] expressed surprise at Pakistani opposition to the ongoing campaign of Predator-launched CIA missile strikes against Al Qaeda targets along Pakistan’s northwest border.

“As I understand it, these are flown out of a Pakistani base,” she said of the planes.

…”If accurate, what this says is that Pakistani involvement, or at least acquiescence, has been much more extensive than has previously been known,” said Bruce Hoffman, a terrorism expert at Georgetown University. “It puts the Pakistani government in a far more difficult position [in terms of] its credibility with its own people. Unfortunately it also has the potential to threaten Pakistani-American relations.”

Feinstein is the smarter Senator from California.

The Democrat Energy Plan Explained

This woman is Speaker of the House of Representatives of the United States of America: Second in line for the Presidency. Scared yet, Europe?

She did do her bit to conserve energy, though, by turning off the lights and microphones in the House Chamber.

So. Nancy? See you in September.

We’ll be alone in this easy fight
While you’re away, don’t forget your spite

Bye-bye, so long, farewell
Bye-bye, so long

See you in September
See you in the gas-line queue
Here we are (bye, baby, goodbye)
Saying “What gives?” to the nation (bye, baby, goodbye)
Summer frustration (bye, baby bye, baby)
As voters have to pay (bye, baby, goodbye)

Have a good time but remember
There is danger ‘neath Obama’s speeding bus
Will I see you in September
Or lose you to a summer fuss
(counting the days ’til you’ll be all through)
(counting the hours and the minutes, too)