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Mar
8
You Owe $5 Trillion Just for Fanny and Freddie, Alone. You don’t Believe me? Ask Barney Frank. (VIDEO)
Barney Frank has never been the smartest man in Washington, to be certain. But what befuddles me most about Barney is not the man himself, but the crack-smoking gaggle of brainiacs who decided it would be a good idea to to put him in charge of the House Financial Services Committee. That’s like making Quagmire headmaster at a girls’ boarding school.Recently Barney said the United States Government would not guarantee the $5 trillion or so Fannie and Freddie are up to their necks in. Granted, Fannie and Freddie have never been explicitly guaranteed by the government, but do you really think that pack of fools running this country into the ground is really going to let these two institutions fail? Let me rephrase that: do you think they’d let the institutions fail on purpose? (I only make the distinction because the institutions are going to fail no matter what happens, seeing how the U.S. government is broke).
Anyway, Barney had to retract his statement, because he’s not supposed to say things like that. The Keynesians don’t like it. So I guess they’re going to continue to pretend like it’s possible to save Freddie and Fannie. Cool. Business as usual.
While we’re on the subject of Barney, am I the only person who’s noticed that he sounds like drunk boat engine? And what’s with the R’s Barney? I’m not trying to get too ad hominem here, but why can’t you see a speech therapist or something? I mean they’re just R’s. It’s not that big a deal. I’m just saying that it’s sort of hard to focus on what you’re saying because you sound like a Simpson’s character.
And another thing Barney, we know you didn’t come out of the closet because you thought you were going to “get some.” It’s obviously a play for GLBT votes, because you, my friend, are ugly as hell. And, you’re a dismal failure as an economic pundit.
Okay. I’m done.
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Disclosures: Paco is long TBT, UCO, and gold. He also holds U.S. dollars by necessity, pending the advent of private gold-backed currencies.
You can buy his novel Discipline wherever books are sold.
3 Comments so far
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I have similar questions about Lindsay Graham.
Wow, Paco, that was harsh! 100% correct, mind you… but harsh!
Barney is stupid enough to offer an easy, and legit, target. In fact he is so stupid that you never need to leave the arena of his stupidity to address the out-of-bounds aspects of Barney.