Elizabeth Warren named ‘Porker of the Year’ over Post Office banking scheme
Sen. Elizabeth Warren has been named the 2014 Porker of the Year by Citizens Against Government Waste (CAGW), a watchdog group that monitors lawmakers, offices and agencies on government spending. The Massachusetts Democrat won the title over six other nominees in a public poll, with 34 percent of the vote.
photo donkeyhotey donkeyhotey.wordpress.com
“Warren emerged from this year’s competitive field as a result of her hare-brained scheme to permit the United States Postal Service (USPS) to get into the banking business as a way to rebrand itself and garner new streams of revenue,” the coverage noted.
They continued: “The Huffington Post published her op-ed entitled ‘Coming to a Post Office Near You: Loans You Can Trust?’ Sen. Warren wrote that if USPS “offered … just basic bill paying, check cashing and small dollar loans – then it could provide affordable financial services to underserved families, and, at the same time, shore up its own financial footing … USPS could partner with banks to make a critical difference for millions of Americans who don’t have basic banking services because there are almost no banks or bank branches in their neighborhoods.”
The other “nominees”:
- Rep. Anna Eshoo (D-Calif.) was named August Porker of the Month for her inane efforts to re-brand the term “net neutrality” through an online contest on Reddit.com that urged participants to “care about their right to uninhibited access to the Internet.”
- Sen. Lisa Murkowski (R-Alaska) was named March Porker of the Month for her support of a parochial pet project involving the construction of the Izembek road project, a 38-mile dead-end “Road to Nowhere.”
- Rep. Mike Rogers (R-Ala.) was named November Porker of the Month for his second unsuccessful attempt to convince fellow Republican lawmakers to restore earmark projects for “state, locality, public utility or other public entities.”
- Former U.S. Chief Information Officer (CIO) Steven VanRoekel was named June Porker of the Month for claiming that no legislation was needed to modernize dysfunctional federal information technology systems
- Consumer Financial Protection Board (CFPB) Director Richard Cordray was named July Porker of the Month for his role in the agency’s gross mismanagement of the CFPB’s headquarters renovation budget, which has ballooned by almost 300 percent from a projected initial cost of $55 million to $215.8 million.
