The ‘CROmnibus’ Is The Real Torture Report

Posted by | December 11, 2014 12:45 | Filed under: Contributors News Behaving Badly Opinion Politics Tommy Christopher Top Stories

Republish
Reprint


The proposed Continuing Resolution/Omnibus spending bill, better known as the “CROmnibus,” is so tortured, it’ll make you beg for a little rectal feeding, but if the bill passes, your rectal meal will have to include white potatoes. That provision, which includes white potatoes as eligible for purchase in the Women, Infants and Children nutrition program, is one of many that are getting attention in the political press as saps to special interests. Along the same lines, the bill also contains a provision gutting the nutritional requirements for school lunches that First Lady Michelle Obama has championed. Also, remember how horrible Ebola was before the midterms? Well, the CROmnibus funds Ebola at half-a-billion dollars less than President Obama requested.

The provision that’s getting the most attention today, though, is a rollback of Dodd-Frank that would allow banks to put federally insured deposits at indirect risk. Barney Frank explained it in detail on the All In last night, but basically, there was already a rule that prevented banks from gambling with FDIC-insured deposits, but Dodd-Frank added a rule that said banks had to set up a whole other company to do their gambling, reasoning that risky derivatives could still sink a company with FDIC-insured deposits even if those deposits were not used in the trades. That’s the rule that the CROmnibus (not to be confused with the Romneybus, a luxury party bus that plays the chorus of “Who Let The Dogs Out” on a loop and always gets there just behind another bus) aims to repeal, and Sen. Elizabeth Warren (D-MA) is pissed about that. She took to the Senate floor yesterday to ask the age-old question, “Who does Number Two Work For?”…READ MORE

Click here for reuse options!
Copyright 2014 Liberaland
By: Tommy Christopher

Tommy Christopher is The Daily Banter's White House Correspondent and Political Analyst. He's been a political reporter and liberal commentator since 2007, and has covered the White House since the beginning of the Obama administration, first for PoliticsDaily, and then for Mediaite. Christopher is a frequent guest on a variety of television, radio, and online programs, and was the villain in the documentaries The Audacity of Democracy and Hating Breitbart. He's also That Guy Who Live-Tweeted His Own Heart Attack, and the only person to have ever received public apologies from both Rush Limbaugh and Glenn Beck.

56 responses to The ‘CROmnibus’ Is The Real Torture Report

  1. edmeyer_able December 12th, 2014 at 06:42

    You say POTATO I say added CALORIES=LESS NUTRITION.

  2. edmeyer_able December 12th, 2014 at 07:42

    You say POTATO I say added CALORIES=LESS NUTRITION.

  3. Suzanne McFly December 12th, 2014 at 14:45

    Why was Obama for this? Has he been bought? Warren clearly explained the terrible add ins for this bill and the dems would of had monumental backing if they decided not to sign this bill. I don’t see the advantage to pass this piece of trash. From the weakening of the Dodd Frank bill to the gross allowances for people to buy their politician in a completely legal fashion. All seems like a lot of crap done right in our face and we cannot do anything about it at this time.

  4. Suzanne McFly December 12th, 2014 at 15:45

    Why was Obama for this? Has he been bought? Warren clearly explained the terrible add ins for this bill and the dems would of had monumental backing if they decided not to sign this bill. I don’t see the advantage to pass this piece of trash. From the weakening of the Dodd Frank bill to the gross allowances for people to buy their politician in a completely legal fashion. All seems like a lot of crap done right in our face and we cannot do anything about it at this time.

1 2

Leave a Reply