We're told that this is no time to play the blame game. But why not? Since we're all stockholders now in a vast Ponzi scheme, we should have some say in who gets thrown into the street and who doesn't. The Democrats are particularly eager to avoid the blame game. They fiercely opposed legislation in 2005 that would have imposed sanity on Fannie Mae and Freddie Mac, whence came this misery. The legislation was written by three senators, including, as it happens, John McCain. The senators who blocked it were, as it happens, Barack Obama, Hillary Clinton and Chris Dodd. This unholy trio took more than a quarter of a million dollars in campaign contributions from executives and employees of Fannie and Freddie. Just a coincidence, of course.
'Course the financial news -- future, present, past -- is never completo until I give a nod to stud intellect Barney Frank. Guess if I had rent boys working outta my place my focus would be um, elsewhere, and my view would be rosily tainted as is Barn's.
Chuck Norris was the fourth wise man, who gave baby Jesus the gift of beard, which he carried with him until he died. The other three wise men were enraged by the preference that Jesus showed to Chuck's gift, and arranged to have him written out of the bible. All three died soon after of mysterious roundhouse-kick related injuries.
In It Together: At last, something worth reading in the LA Times
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