“No Man’s life liberty or property is safe while the legislature is in session”.

- attributed to NY State Judge Gideon Tucker

Monday, July 18, 2011

Kent Conrad- Federal Tax Assessor

I've held Democratic Senator and Budget Committee Chairman Kent Conrad in contempt for many years. Certainly his evasion of corruption charges and jail time for accepting bribes from now-disgraced former Countrywide CEO Angelo Mozilo earned him that. Conrad and fellow financial services sector oversight Senator Chris Dodd both enjoyed sweetheart mortgage deals from the firm they oversaw into near-bankruptcy.

Now Conrad is faithfully shilling for Wonderboy, calling for $1T of new taxes to try to fill the deficit hole that his party has created with its spending orgy. Never mind that Conrad's committee hasn't managed to actually write or pass a budget for a couple of years.

Basically, Conrad, a former state tax collector, is the same for his party on the national level, as well as an overall team lackey. Whatever mindless, senseless line the party takes, Conrad will dutifully mouth it.

I've never understood why some in the conservative media think Conrad is moderate or thoughtful. He's not.

He was hip-deep in taking favors while turning a blind eye to at least one firm's questionable mortgage lending practices during the runup to the recent financial crisis. And escaped without punishment.

How is it that this type of tainted Senator is lauded in the press and given a free pass to wreck the US economy?

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