Monday, August 8, 2011

Downgrades Now Comng Fast and Furious, What Took You So Long?

Downgrading Fannie and Freddie now. No shit. We've already thrown over 100 billion at those losers and Fannie asked for another 6 billion last week.

Every time I think of this black hole, I think of that little prick Barney Frank encouraging these two outfits to buy every worthless loan document from any one who could find a pen. A whole corrupt mortgage industry dumped their shittiest loans on Fannie and Freddie.

Massachusetts voters re-electing this pompous little piece of shit should be ashamed. There is not one single man in America that has hurt us more financially than Frank. How he still has a job completely blows my mind. Completely. http://money.cnn.com/2011/08/08/news/economy/sp_rating_ripple_effect/index.htm

Here's Frank blaming Bush and lying- telling everyone he was pushing for "rental property."




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