Memo to Glenn Hall: Nickname Accurate, Not New
Yesterday, Hall started out his "Daily Outrage" with this remark: "I've got a new name for Rep. Dennis Kucinich (D., Ohio): Dennis the Menace."
Well, it's not really new. Kind of a no-brainer nickname, akin to monikers assigned to me like "French Fry" and "Small Fry". Fortunately, I wasn't scarred for life [eyes begin twitching noticeably....]
OTOH, I heartily agree with the rest of what Hall wrote:
This two-time failed presidential candidate is fighting Pittsburgh-based PNC Bank's (PNC Quote - Cramer on PNC - Stock Picks)takeover of Cleveland-based National City (NCC Quote - Cramer on NCC - Stock Picks) because he fears the merger will result in job losses in his district.
What does he think will happen if National City doesn't get bought? Kucinich's home-town bank is laden with high-risk mortgage loans and posted losses for five quarters in a row before the takeover was announced.
Oh, by the way, National City had already cut thousands of jobs and planned to cut thousands more before PNC stepped in. National City got itself in this mess, and its board signed off on the takeover.
Halting the process now may just end up killing National City.
So give it a rest, Dennis, and stop being such a menace.
Amen. Honestly, why didn't Cimperman go after Kucinich on being bad for business the way they went after him for being "in the pocket of corporations"? I'll never understand Democrat politics.
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