Kennedy… Kennedy… seems to me I’ve heard the name before. Was he one of the token white stiffs the Celtics kept on the bench to wave a towel?
Joseph P. Kennedy III’s bid to become Camelot’s newest knight, with a run for the congressional seat being vacated by U.S. Rep. Barney Frank, drew swift warnings yesterday — Massachusetts voters don’t want a coronation, and the Kennedy name isn’t the shining armor it once was.
Some Republicans even welcomed the idea of a Kennedy in the race — just the thing to energize this blue state’s GOP and bring in vital donations.
Kennedy, 31, is the son of former U.S. Rep. Joseph Kennedy II, grandson of the late Attorney General Robert F. Kennedy, and great-nephew of the late President John F. Kennedy and the late U.S. Sen. Edward M. Kennedy. The dynastic scion yesterday declined to comment on how he thinks the name will play in 2012.
“Dude,” he told a Herald reporter. “I’m at work. I can’t answer these questions right now.”
In a statement, Kennedy said, “The lack of common sense and fairness in Washington is a byproduct of the partisan gridlock that has turned obstruction into victory,” he said. “Americans are better than that.”
“My decision to look seriously at elected office is grounded in a deep commitment to public service and my experience — both my own and that of my family — in finding just, practical and bipartisan solutions to difficult challenges.”
To be fair to this Kennedy, he actually does work—if serving in the Middlesex County DA’s office qualifies (and I’m inclined to think that it does). But while he prepares to throw his tam-o’-shanter into the ring, you might wonder what became of his da’, Joe Kennedy II, who, too, once served in Congress, and was thought to have a political future. (People expected him to take on Scott Brown, for example.)
That Joe Kennedy has demonstrated his commitment to “public service” (to the tune of almost $600,000) by fronting an organization called Citizens Energy. Citizens provides low-cost heating oil to low-income home owners, a noble pursuit. But that’s about about the only noble thing about it.
In commercials for Citizens—do you really need commercials to give stuff away?—Joe bashes banks and the wealthy like Barney Frank with Tourette’s. He claims that the only oil company who agreed to supply oil to Citizens’ racket—sorry, noble pursuit—was Citgo and the “people of Venezuela.”
Ah, yes. The Kennedys, the truth, and extortionist socialism—good times:
Venezuela’s PDVSA said on Monday it will pay Exxon Mobil Corp US$255-million in compensation for nationalized assets – less than a third of what the U.S. oil giant said it was awarded by an arbitration panel.
The South American OPEC member’s state oil company issued a defiant statement saying it was deducting debts owed by Exxon, including PDVSA’s repurchase of bonds linked to the nationalized project.
That cut down the panel’s original award of US$908-million, PDVSA said, adding it would make the payment within 60 days.
Paying only US$255-million would leave Exxon with only a fraction of the more than US$10-billion it had originally sought in compensation. It would be a major victory for Venezuelan President Hugo Chavez that could give oil-producing nations more power in nationalization disputes with global energy companies.
In addition to Exxon’s case at the World Bank tribunal, Venezuela still faces about 20 claims from companies including another oil major, ConocoPhillips, resulting from a wave of state takeovers by the Chavez government.
The ICC does not make its arbitration decisions public, leaving few clues as to the criteria behind the valuation. Exxon has said it is still reviewing the more than 400-page document.
The often vicious legal dispute, during which Exxon briefly won an injunction to freeze as much as US$12-billion in PDVSA assets, has underlined the ideological differences between a U.S. oil giant and Chavez’s socialist administration.
I’m glad old people in Chelsea and Revere are staying warm this winter (though they may have climate change, not Joe Kennedy or Hugo Chavez, to thank for that), but let’s be clear who’s paying for it. I don’t know about Joe III, but the rest of the clan can be assumed to be lying if their lips are moving.