Shortly after announcing he will not run for a 6th term in the United States Senate, Banking Committee Chairman Chris Dodd set out to reform financial institutions thus helping to prevent dire economic risk in the future. Wow, what a great guy. He is going to go it alone, without bipartisan support, and beat back the evil banks before he surrenders the gavel. God love him. What a remarkable guy?
Oh, wait a second. “This just in” to the web awareness of the issue, Senator Dodd now putting all kinds of faith, power and new authority into the Federal Reserve. Hold it, that’s right; the same Federal Reserve that many believe to have played a role in the financial situation facing our country.
Now, hold on. It’s OK that Senator Dodd first railed against the Fed before he rallied to defend the it, at least in his latest version of the bill. A Huffington Post article calls it a “Remarkable Recovery” for the Federal Reserve in the eyes of the Democratic Chairman. Is there a Federal Reserve other than the one you know of? Did Senator Dodd flip-flop? How does one go from finger-pointing to a thumbs up in just four months?
It’s not waffling, it’s positioning.
Just wait and see where Senator Dodd “retires” to.
Comments
Oppsss…succinct – I didn’t “C” that until after posting — Mea Culpa
Dammit Brian……you have to stop thinking rationally and using their own words. Don’t you know we are the ignorant, huddle masses yearning to be led like lemmings? Oh, wait, never mind – that’s for the Liberal at heart-types. I appreciate yer succint insights – more ammo to ‘soften the battelfield’ and wear ‘em down . Of course, logic and facts does not usually work with those of the Liberal mind. However, do not give up the fight noble warrior.