An idea so stupid...

... it could only have come from a Congressional Democrat.

Ladies and Gentlemen - Barney "Real Man of Genius" Frank!

Back when the housing mania was taking off, Massachusetts Congressman Barney Frank famously said he wanted Fannie Mae and Freddie Mac to "roll the dice" in the name of affordable housing. That didn't turn out so well, but Mr. Frank has since only accumulated more power. And now he is returning to the scene of the calamity -- with your money. He and New York Representative Anthony Weiner have sent a letter to the heads of Fannie and Freddie exhorting them to lower lending standards for condo buyers.

Yeah, what could possibly go wrong.

Posted by: DocJ at 01:27 PM | No Comments | Add Comment
Post contains 118 words, total size 1 kb.

HopenChange: Here comes the Gas Tax increase.

Today, we get a 2-fer.  First, today's dose of HopenChange.  Driving less?  More efficient car?  Tough shit - The Beast must be fed.

The Obama administration is warning lawmakers that the trust fund that pays for highway construction will go broke in August unless Congress approves an infusion of as much as $7 billion.

Oh, of course.  I mean, Heaven Forbid! that we actually, you know, stop spending money we don't have.

Like I said, The Beast must be fed.

more...

Posted by: DocJ at 02:10 PM | Comments (1) | Add Comment
Post contains 290 words, total size 2 kb.