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#1 User is offline   pepperonikkid 

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  Posted 04 January 2019 - 05:57 AM

What Is It About Massachusetts Politicians?



https://www.americanthinker.com
By Steve Feinstein
January 4, 2019


Article:

Massachusetts Democratic politicians -- past and present alike -- display an unusually high regard for themselves and have an expectation of privilege and consideration that is both perplexing and largely unwarranted. This is as true today as it's been since the early days of Ted Kennedy's political career. We've had 50 years of the assumption of professional privilege and nonstop holier-than-thou preaching from a group of decidedly unholy politicians.

Senator Elizabeth Warren just announced the formation of an "exploratory committee" in preparation to the widely-expected formal launching of her run for the 2020 Democratic presidential nomination. A far-left socialist, self-proclaimed "Champion of the Middle Class" who espouses all manner of government freebie handouts, open immigration/nonexistent border security and far-reaching nanny-state protectionism, Warren -- hilariously drinking a beer -- could not possibly come across as more phony, hypocritical, ill-informed, and disingenuous if she tried.

Being from MA, I have a vantage point on Ms. Warren that the rest of the country does not. When she announced her intention to run for the U.S. Senate in 2012, she stood at a local press conference event with then-MA Governor Deval Patrick. To put things charitably, Patrick was not exactly a detailed policy wonk, instead having ascended to the governorship mainly by virtue of his agreeable personal demeanor and, many think, his checking of a required demographic box. A foreign-policy question came forth from the reporters' pool. With a panicked, deer-in-the-headlights reaction, Warren turned to Patrick and said, "Let's let the governor answer that one." The governor. And so started her uniquely expert, courageous, inclusive-of-all-voters Senate tenure.

Warren claims to be "for the middle class," yet she is astonishingly ignorant of many of the real issues that the middle class actually faces every day. Warren was the force behind the creation of the CFPB (Consumer Financial Protection Bureau), founded for blatantly political appearance reasons only in a knee-jerk manner by Democrats in the aftermath of the so-called "banking crisis" of 2007-2008. According the CFPB's website, the CFPB's "central mission... is to make markets for consumer financial products and services work for Americans -- whether they are applying for a mortgage, choosing among credit cards, or using any number of other consumer financial products."

Really, Senator Warren? While nowhere near every consumer has a mortgage, virtually 100% of consumers have at least one credit card. Most have several. The interest charged on unpaid credit card balances used to be 9 or 10 or 11% not very long ago, but now it's 22.5, 23.25, 24.125%. That's loan-shark territory. Is Warren aware of these predatory interest rates facing virtually 100% of the adult American population? How much is that costing consumers every month? And while the banks blithely charge 24% on credit cards, they're paying their depositors .5% (a half a per cent) on regular savings and a whopping 3% on multi-year CDs. The current magnitude of the gap between interest charged and interest paid is absolutely unprecedented.

And Ms. Warren, how about the relationship between crude oil pricing and retail gasoline prices? Historically, West Texas Intermediate (WTI) light crude -- our benchmark for oil pricing -- had a maximum 4:1 numerical relationship to retail gasoline pricing. Oftentimes, it was less than 4:1, more like 3.5:1. But even using 4:1, if WTI was $40/barrel, then gasoline would be around $1.60/gallon (40 x 4 =160 cents, or 1.60). During the 2011-2014 time period when oil was sky-high, averaging well over $100/bbl, gasoline was still far less than $4.00/gallon. This 4:1 numerical relationship held true for years. Decades even, until the last few years.

Has Senator Warren -- the Champion of the Middle Class -- looked at the pumps lately? The national average for gasoline is around $2.50/gallon, yet WTI crude is trading in the upper 40's, around $47-49/bbl. 47 x 4 = $1.88. The American consumer is overpaying for gasoline by a huge amount. Where is the estimable Senator Warren on these issues, ones that affect real people every single day, costing them thousands of wasted dollars each year?


These issues would be worth looking into, if only our People's Champion had a clue they were happening.

Warren is just another in a long line of sanctimonious, condescending, out-of-touch Massachusetts politicians who lurched onto the national stage with a sense of unfounded entitlement and misplaced assuredness that the punitive rules they are gleefully willing to impose on others would never actually apply to them.


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#2 User is offline   grimreefer 

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Posted 04 January 2019 - 06:58 AM

Quote

Warren is just another in a long line of sanctimonious, condescending, out-of-touch Massachusetts politicians who lurched onto the national stage with a sense of unfounded entitlement and misplaced assuredness that the punitive rules they are gleefully willing to impose on others would never actually apply to them.

That just makes her a card carrying member of "The Establishment" and they are by no means limited to Mass, sadly.

That said... WTF Massachusetts? :wtf2: :(
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#3 User is offline   Martin 

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Posted 04 January 2019 - 09:41 AM

What is it about Massachusetts politicians? So many Massachusetts Senators and Governors went to Harvard University: Deval Patrick, Ted Kennedy, Senator Paul Kirk, Paul Tsongas, John F. Kennedy, Gov. Charlie Baker, Mitt Romney, Michael Dukakis, Gov. Bill Weld. Senator Warren did not attend Harvard University, but she taught there. As Massachusetts is the home of Harvard, Massachusetts voters would naturally regard a Harvard degree as an excellent qualification for public office. Many other people across the country used to, as well.

Lately, though, it has dawned on the average Joe that the elites who are running his country and his life have screwed the pooch and him as well. Not only the Harvardians in public office like Barack Obama, but also those in private enterprise like Jeff Skilling, and those who did both, like Lawrence Summers.
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#4 User is offline   Dean Adam Smithee 

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Posted 04 January 2019 - 12:11 PM

View Postpepperonikkid, on 04 January 2019 - 05:57 AM, said:


Really, Senator Warren? While nowhere near every consumer has a mortgage, virtually 100% of consumers have at least one credit card. Most have several. The interest charged on unpaid credit card balances used to be 9 or 10 or 11% not very long ago, but now it's 22.5, 23.25, 24.125%. That's loan-shark territory. Is Warren aware of these predatory interest rates facing virtually 100% of the adult American population? How much is that costing consumers every month? And while the banks blithely charge 24% on credit cards, they're paying their depositors .5% (a half a per cent) on regular savings and a whopping 3% on multi-year CDs. The current magnitude of the gap between interest charged and interest paid is absolutely unprecedented.



Still is, if you qualify.

Main card is through Navy Federal Credit Union, 8.something% with a 16K limit. But I never carry a balance. Backup card is through USAA, 11.5% with a 6K limit. But I rarely use it an never carry a balance.

Navy Federal: Credit Card Rates - Navy Federal Credit Union

I can appreciate that a card in the 20+ range might be all that some can get and not always through any fault of their own (medical bills, divorce, unemployed etc). But if you HAVE to get a card like that for whatever reason, don't go Double-Plus-Stoopid and carry a balance on it except in rare bona-fide emergencies. It's that simple.
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#5 User is offline   Joe the Pagan 

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Posted 04 January 2019 - 02:28 PM

View PostMartin, on 04 January 2019 - 09:41 AM, said:

What is it about Massachusetts politicians? So many Massachusetts Senators and Governors went to Harvard University: Deval Patrick, Ted Kennedy, Senator Paul Kirk, Paul Tsongas, John F. Kennedy, Gov. Charlie Baker, Mitt Romney, Michael Dukakis, Gov. Bill Weld. Senator Warren did not attend Harvard University, but she taught there. As Massachusetts is the home of Harvard, Massachusetts voters would naturally regard a Harvard degree as an excellent qualification for public office. Many other people across the country used to, as well.

Lately, though, it has dawned on the average Joe that the elites who are running his country and his life have screwed the pooch and him as well. Not only the Harvardians in public office like Barack Obama, but also those in private enterprise like Jeff Skilling, and those who did both, like Lawrence Summers.


As the old saying goes:

You can always tell a Harvard man. You just can't tell him much.
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#6 User is offline   grimreefer 

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Posted 05 January 2019 - 12:45 AM

View PostDean Adam Smithee, on 04 January 2019 - 12:11 PM, said:

Still is, if you qualify.

Main card is through Navy Federal Credit Union, 8.something% with a 16K limit. But I never carry a balance. Backup card is through USAA, 11.5% with a 6K limit. But I rarely use it an never carry a balance.

Navy Federal: Credit Card Rates - Navy Federal Credit Union

I can appreciate that a card in the 20+ range might be all that some can get and not always through any fault of their own (medical bills, divorce, unemployed etc). But if you HAVE to get a card like that for whatever reason, don't go Double-Plus-Stoopid and carry a balance on it except in rare bona-fide emergencies. It's that simple.

The card I use for travel is through NFCU and we're getting their lowest rate. All credit to my wife as she handles the finances and keeps our ratings in the stratosphere. In the beginning, we started with no credit and paid the higher interest rates but learned early and took it seriously to earn the lower rates.
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#7 User is offline   Ben Cranklin 

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Posted 05 January 2019 - 12:54 AM

Maybe better yet, what is it about the Massachusetts voters that put those politicians in office? :scratch:
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#8 User is offline   RedSoloCup 

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Posted 05 January 2019 - 05:27 AM

They aren't called "Mazzholes" for nothing, folks.
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#9 User is offline   baldeagle 

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Posted 05 January 2019 - 12:17 PM

View PostBen Cranklin, on 05 January 2019 - 12:54 AM, said:

Maybe better yet, what is it about the Massachusetts voters that put those politicians in office? :scratch:

BINGO! Even after Chappaquidic, Teddy was elected to the senate 7 (seven) times
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#10 User is offline   Joe the Pagan 

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Posted 05 January 2019 - 06:38 PM

View Postbaldeagle, on 05 January 2019 - 12:17 PM, said:

BINGO! Even after Chappaquidic, Teddy was elected to the senate 7 (seven) times


By people like my late grandmother. Who voted for Fatboy because of all the good Jack and Bobby did.
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#11 User is offline   Dean Adam Smithee 

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Posted 05 January 2019 - 06:41 PM

View Postpepperonikkid, on 04 January 2019 - 05:57 AM, said:

What Is It About Massachusetts Politicians?


I'm thinking it's not just "Massachusetts" but the Northeast in general. And by Northeast I mean anythere North/Esat of NY and NJ which are special cases all of their own.

Let's take it state by state:

Maine? Two words: Susan Collins. I rest my case.

New Hampshire? The "Live Free or Die" state? Used to be considered a "bellwether" and reasonably centrist if not conservative. But the state hasn't actually gone "red" in a presidential election since Bush v Gore '00.

Vermont? With full apologies to The Blues Brothers (1980): "What kind of politics is played here?" "Oh, we have both kinds: Ben AND Jerry's"

Massachusetts? There is "greater Boston". There is the entire rest of the state. One of those two overwhelms the other. Same old story: Not so much different than Chicago v the rest of Illinois, Portland v the rest of Oregon, Etc., etc., etc.

Rhode Island?
A case of it's own. I've see it with my own eyes as a contractor doing one or two projects there back in the day: Corruption permeates EVERYTHING to a level that would take even the Clintons aback. Corruption with a capital 'C', which is only one letter from being D-for-Democrat.

Connecticut?
It was either Al Goldstein or Larry Flynt who once said of Peoria Illinois, "If this isn't the very butt-hole of the universe, it's at least within farting distance of it". Considering how much of CT is little more than a "bedroom community" to NYC, I think the same concept could apply.

I've known several executives who worked in NYC and commuted to suburban NJ or CT. Best friend (until R.I.P mid '00s) commuted to Bergen Co NJ until he retired and moved to FL back in the '80s. The several that I've known that commuted to CT? A-holes, every single one. And probably Democrats.
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