WHISKEY TANGO FOXTROT: PROPAGANDA EDITION

Dana Milbank isn't someone I agree with often, but his article in the Washington Post today was a real eye opener for me.  Mr. Milbank is (somewhat surprisingly) not very supportive of President Obama's proposed "Buffett Rule", which is supposed to reach the Senate floor for a vote next week.  It's not expected to pass.

In fact, the president himself called the whole thing a "gimmick".  Isn't it great that the Senate is spending its valuable time on this purely political attempt to re-elect one man instead of doing its constitutional duty and passing the first budget in more than three years?   Good to know they have their priorities in line.

AN EXERCISE IN THE MECHANICS OF CRONYISM AND THE USEFULNESS OF USEFUL IDIOTS

Crony Capitalism in five easy steps!

Step One:  Warren Buffet, after a conversation with President Obama, loaned Bank of America $5 billion, even though BofA was protesting loudly that they were sound and didn't need a bailout. 

Step Two:  Bank of America makes headlines by deciding to pass on the costs of the Frank-n-Dodd regulations to their account holders (as opponents of the law forecast last summer) in the form of a $5 per month fee for use of debit cards (not including ATM withdrawals).  Rest assured the other banks will be following suit - after BofA takes the heat for them, of course.