GayPatriot

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Fauxcahontas at work

by

You know the saying “There are no accidents”. First, consider how the Left’s beloved fake-Native American, Elizabeth Warren, is an unusually wealthy member of Congress – probably worth over $6 million. Courtesy of ZH:

Next, consider how the Left’s beloved fake-Native American, Elizabeth Warren, opposes a bill to audit the Federal Reserve Bank.

I say the 2 things are connected. You see, Elizabeth Warren is a phony. That doesn’t only mean that she has repeatedly lied about her racial (non-)heritage for personal gain. It also means that she lies about being a populist who would support the little guy against Big Banking.

For the last 6 1/2 years, the Fed – the privately-owned, biggest bank of them all – has (in accordance with Obama’s wishes) pumped boatloads of newly-created cash into our financial markets, to make financial bubbles that benefit “the one percent” – who include the top earners of Big Government and Big Banking (plus Big Government’s general deficits being financed). And Elizabeth Warren has no real problem with any of that. She does claim to oppose it. But her actions tell another story.

If she really opposed it, she’d be leading the charge to get the Fed audited. Instead, Rand Paul leads the charge (and Ron Paul before him) – while she carps, or puts up obstacles. “Follow the money.”

Unrelated follow-up: After noting in early December that holiday spending was off to a weak start, I should note that indeed, December consumer spending plunged by the most since 2009, as people’s incomes stagnated. At least by *conventional* economic wisdom, that means a bad economy – and shouldn’t be happening.

Comments

  1. Can anyone utter the phrase ‘public service’ without giggling?

    Amazing, isn’t it, that she and her hubby (another academic) manage to pull in close to a million bucks a year (her salary at Harvard was $430K) while, at the same time, claiming to be down with the people?

    You have to admit it – these people are smart – like my cat. They manage cozy sinecures while we dumb-asses trudge off to work every day.

  2. I think I just read that Warren was born working-class-ish – which is nice, but it makes her multi-multi-millionaire status (just from academia and “public service”) all the more remarkable.

    Wiki says that her husband is a NASA engineer – probably a low-to-mid-six-figure salary, no way that he alone gets them over 6 million – and Wiki does NOT notice any of her books having had NYT Best Seller status. So yeah….academia and “public service” (giggle). No wonder these people just luv, luv, LUV their Big Government.

  3. What no Feinstein listing with giving her husband’s company a billion tax dollars or Harry Reid giving relatives BML land for pennies after building highways up to it.

    Jeff did you see the EU folded like a wooden bridge Michele Moore stood on after Greece threatened to free trade with Russia?

    Steve Sailor was right about why Nanny Bloomers wants to grab guns. Someone needs to tell Nanny Bloomers to put the words Non-Asian before Minorities if he wants to be a stopped clock right 2x a day, a FOIA request forced the reporting of 98% of NYC known gun crimes being committed by Hispanic&Black
    ““Cities need to get guns out of [the] … hands” of persons who are “male, minority, and between the ages of 15 and 25.”
    He claimed that “95 percent of all murders fall into this category” and that taking guns away from them will not only reduce crime, but will “keep them alive.”

    http://thepunditpress.com/2015/02/09/bloomberg-ban-legal-guns-for-black-youth/

  4. Steve – It’s not at all clear that the EU folded. Obama is pressuring them to fold. But per ZH today, the German finance minister said, no way: http://www.zerohedge.com/news/2015-02-10/schauble-shoots-down-stock-surge-catalyst-says-greek-6-month-extension-report-wrong

    So Greece’s finmin is back to confrontational language: http://www.zerohedge.com/news/2015-02-10/greek-finmin-varoufakis-warns-be-ready-clash

    EU officials are describing the Greeks as basically insane: http://www.zerohedge.com/news/2015-02-10/truth-behind-greek-negotiations-situation-%E2%80%9Cberserk-there-no-plan-greeks-digging-own-

    Greece is still talking to Russia: http://www.zerohedge.com/news/2015-02-10/tomorrow-greece-decides-europe-or-russia

    So, EU might fold under Obama etc. pressure…but “we’ll see”.

  5. I think the Liberals can see that she’s colorless & bland. She’s a liar but that doesn’t matter to them anymore. They think fabrication is a non-issue.
    Democrats of every stripe are a bit off their game right now, with a hidden Hillary that they’re really not hyped up for & contenders like Warren who have no chance at all.
    They don’t have a shot at the presidency because they don’t have anyone to rally around. They’ve already shown their reluctance with Hillary previously.
    Warren needs further exposing.

  6. Piraeus would make an excellent warm-water naval-base for the Red Fleet, much more practical than Sevastopol. …And no pesky Turkish Straits military-transit restrictions.

    Putin could buy Greece for much less than eastern Ukraine is costing him.

  9. As Benjamin Franklin was leaving the Jekyll Island meeting, a woman being paraded in her rolling chaise asked: “Doctor, what kind of banking system do we have?” Franklin replied: “A bank issuing ‘sound’ Monopoly money, if you can keep it controlled by fiscal sanity.”

    Meanwhile, the FED has monetized the national debt. What percentage of the government “income” is sourced by confiscating people’s money through taxation as opposed to creating Monopoly money by deficit spending?

    Currently, the Fed has $4.5 trillion in liabilities and 57 billion dollars in equity. It is leveraged at 80:1, nearly three times greater than Lehman Brothers when it failed. Looming behind this colossus of smoke and mirrors is the amorphous incredible financial hulk created by unfunded entitlement liabilities.

    Why don’t we all go on full unemployment disability welfare and just let the FED sort it out? Just how far can we leverage the “faith” in “full faith and credit?”

    Do you really want to find out?

  10. Not only has the Fed never been audited. There’s never been an official, transparent audit of the US gold reserves at the Fed in NYC and the National Gold Depository, Ft. Knox. Nor the US Silver Depository at West Point NY. No publicly-elected official admits to having seen ANY of the Ft. Knox gold since a perfunctory visit over 50-years ago by Members of Congress…and they were shown just a few of the strong-rooms.

    The US claims it has 8,133.5 metric-tons in reserves. (2015) That’s near 656,000 std. gold-bars.

    In the Eisenhower-years, we held over 20,000 metric-tons in reserves.

  12. Steve – more likely it didn’t go to Soros, but was re-melted and shipped to the Germans or Dutch. (Whom the Fed gave new bars, i.e., bars with serial numbers unrelated to what the Germans/Dutch were supposed to have on deposit.)