Rod's Christmas Cranberry Pudding

Pudding
1/2 cup molasses
1/2 cup boiling water
1 1/2 tsp baking soda
1 1/3 cup flour

1 tsp baking powder
1 1/2 cup cranberries

Sauce
1 cup sugar
1 cup cream
1/2 cup butter
1/8 tsp nutmeg
1/2 tsp vanilla

In a small bowl measure molasses, boiling water and baking soda and mix well. Set aside. In a large bowl, mix flour, baking powder and cranberries. Add molasses mixture, mix well and pour into a greased mould. Cover with foil, set in a large pot or Dutch oven and add water halfway up mould. Cover pot and simmer on low for 1 1/2 to 2 hours. Check water level periodically. Reheat (steam or microwave before serving). For the sauce, cool all ingredients over medium heat until boiling. Set aside to cool. Serve warm pudding with warm sauce drizzled over.