Ayatollah Ted, son of alleged JFK assassination grassy knoll enthusiast, has been kinda silent lately, what’s up with that? Usually he is reading Dr. Seuss into the congressional record or holding the Federal Government hostage, or some other foolishness. He’s been quiet since the election, licking his wounded ego, crushing the spirits of his flinching daughters, assuring Heidi that he is not boffing Katrina Pierson in the janitor’s closet? Or maybe he’s gone back to his hobbies of plotting revenge and hurting poor people? That’s probably it.
But we have not heard the dulcet tones of Ted’s high-pitched bitch squealing lately, so let’s check in on him:
“Sen. Ted Cruz and Rep. John Ratcliffe, both of Texas … introduced companion bills in their respective chambers of Congress that would simply do away with the Consumer Financial Protection Bureau — wipe it right off the face of the Earth. Their bill, sweeping in scope, devastating to consumers, consists of only a single sentence: ‘The Consumer Financial Protection Act of 2010 is hereby repealed and the provisions of law amended or repealed by such act are restored or revived as if such act had not been enacted.'”
Well, OK, then. Two lonely cranks from Texas… what’s that, you say?
“Rep. Jeb Hensarling (R-Texas), chairman of the House Financial Services Committee, is preparing a bill that would cripple the bureau’s authority to bring cases against financial institutions and eliminate databases of consumer complaints.”
Texas: America’s Lab for Bad Policy continues apace.