Senator Elizabeth “Fauxcahontus” Warren writes an op ed today [SEE HERE] that is fraught with a level of ideological pretending almost off the charts.
Essentially Liawatha is big mad because Federal Reserve Chairman Jerome Powell is raising interest rates into a contracting economy.
The duplicitous senator accurately notes what the fed chairman is doing is only going to deepen the recession and hurt main street worse.
American workers are going to suffer, and the middle-class is going to bear the majority of the pain inflicted by the Biden administration policy.
All of that is true, but Fauxcahontus is not stupid. Instead, she attempts to distance herself with forked tongue while knowing the monetary policy is specifically designed to support the energy policy she demands.
A recession lowers energy use, and as a result lowers energy costs. Pushing the U.S. economy deeper into a recession in order to support the Green New Deal “economic transition” is exactly the intent of the rate hikes. Liawatha knows this but does not want to be stuck on the USS Biden when it sinks.
“Rising costs are an urgent problem, and interest rates play a key role in maintaining price stability. But urgency is no excuse for doubling down on a dangerous treatment. As with any illness, the right medicine starts with the right diagnosis. Unfortunately, the Fed has seized on aggressive rate hikes—a big dose of the only medicine at its disposal—even though they are largely ineffective against many of the underlying causes of this inflationary spike.” (read more)
Senator Elizabeth Warren is the worst kind of liar. She is a liar that convinces her followers of her virtue through forked tongue. Turn over the Senator Elizabeth Warren UniParty medallion and on the opposite side you will find the image of Senator Ted Cruz.
