Chris Dodd: Shut Up About Fannie-Freddie-Failure!

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Also funny to see crooked Senator (if I do not repeat myself) Chris Dodd on Wolf Blitzer’s CNN show. Wolf tried to ask him a question about the shaky Fannie-Freddie, and Dodd – head of the Senate Bankster Committee – panicked, almost yelling that no one must ask a hypothetical question about these FDR-Nixon fascist institutions! Hypotheticals can cause trouble! SHUT UP!

We all know that Fannie and Freddie are bankrupt. Will Bush and Bernanke bring on global hyperinflation in a failing attempt to keep housing prices from falling as they must? This we know: the government with all its guns cannot repeal economic law. It can only hurt the productive even more, as in the Great Depression, which lasted 17 years in large part because of the attempts to keep prices and wages artificially high.

BTW, what midgets US public officials are. Have they always been thus, or do we just see them more?

11:18 am on July 13, 2008