Up-to-date analysis of the local political landscape
Monday, November 15, 2010
The Banking Industry's New Pet Congressman...
Congressman Patrick McHenry (NC-10) ... who's all fluffy over the prospect of removing those pesky new regs on the Big Banks.
A spokesman for the American Bankers Association, said (whilst patting Congressman McHenry on his freakishly inflated head) that "banks expect a corrections bill to peel back some of the financial regulations passed into law this year. Among them would be a repeal of the so-called Durbin amendment, which cut debit-card fees for retailers, costing banks billions."
As a member of both the financial services and the oversight committees in the new Republican-controlled House, McHenry can't currently suppress his drooling over how many favors he can personally deliver to derail banking regulation and re-unleash the Big Money Boys to do what they damn well please.
J.W. Williamson was the founding editor in 1972 of the Appalachian Journal: A Regional Studies Review, which he edited until July of 2000. He has taught college classes in Appalachian history, cultural politics, and literature, and he has lectured widely on the pop-culture history of "Appalachia" in the American consciousness. His books include Interviewing Appalachia, Southern Mountaineers in Silent Films, and Hillbillyland: What the Mountains Did to the Movies and What the Movies Did to the Mountains. He has won the Thomas Wolfe Award given by the Western North Carolina Historical Society, the Laurel Leaves Award given by the Appalachian Consortium, a special Weatherford Award given by Berea College, and the Cratis Williams-James Brown Award given by the Appalachian Studies Association.
The views expressed on WataugaWatch are solely those of J.W. Williamson or individual contributors and are not necessarily shared nor endorsed by the Watauga County Democratic Party nor by any other adults of sound mind in this or any other universe.