Fat Cats Are Purring This Morning

Merry Christmas, Wall Street!

You rolled the president again, got rid of a part of Dodd-Frank in the "cromnibus" so you can once again take huge risks on derivatives and get a guaranteed government bailout when everything goes south. Sweet!

You bet that Virginia Foxx voted for The Omnibus All-the-Crap-You-Can-Eat Budget Bill. She does not buck the establishment. The rest of the Republicans in the North Carolina delegation voted "yes" too, except for Walter Jones (who does buck the establishment, regularly) and Mark Meadows, the tea-bagger from the NC-11.

Also voting "yes"-- and it's a puzzlement -- was Democrat David Price. The other three Democrats from North Carolina -- Alma Adams, G.K. Butterfield, and even Mike McIntyre -- voted "no." Since the Omnibus Crap Fest needed 218 votes and barely got 219, we've decided to blame everything on David Price. Or Virginia Foxx. Yeah, Foxx is better! The wicked step-mother of woe.

Maybe Price got one of those calls from President Obama last night before the vote. The president was "whipping" Democrats to get them to vote yes, according to Rep. Maxine Waters, along with J.P. Morgan's chief executive Jamie Dimon, who was also whipping Democrats. When it comes to Wall Street, you can successfully whip some Democrats with wet noodles, let alone with CEO Jamie Dimon.

The Democrat who comes out of this colossal cluster-f**k with her integrity intact is Elizabeth Warren, who highlighted what was transpiring and tried to rally the troops. Of course, the Senate will pass this bilge later today over her objections, but as a voice for the people, Warren's standing is only enhanced.