Sing for Change!!! Children Sing Obama “Yes we can!” Song

This is not a joke:

“A thing may be too sad to be believed or too wicked to be believed or too good to be believed; but it cannot be too absurd to be believed in this planet of frogs and elephants, of crocodiles and cuttle-fish.”

-G. K. Chesterton

DOW Drops 777 points because of worthless government medling

And yet people still think they can handle our healthcare system?

No thanks. I’d rather deal with those decisions myself.

Bailout Fails in the House: 207-226

Here was Pelosi’s wonderful inclusive – “let’s all work together for the better of America” – speech right before the vote:

Oh wait – that was McCain that tried to get people to work together. Nancy just blamed the infamous Booosh.

Why does she even need to give speeches? Just hold up a Bush’s Fault sign anytime anything negative happens. In her attempt to blame anyone she disagreed with, she forgot to mention this.

2004 – Denying Problems at Freddie and Fannie

Guess who?

Excerpts (ht: hotair):

Maxine Waters: Through nearly a dozen hearings, we were frankly trying to fix something that wasn’t broke.  Mr. Chairman, we do not have a crisis at Freddie Mac, and particularly at Fannie Mae, under the outstanding leadership of Franklin Raines.  [Raines would barely avoid prosecution for fraud.]

Gregory Meeks: … I’m just pissed off at OFHEO [the regulators trying to warn Congress of insolvency at the GSEs], because if it wasn’t for you, I don’t think we’d be here in the first place.  … There’s been nothing that indicated that’s wrong with Fannie Mae, Freddie Mac has come up on its own … The question that then comes up is the competence that your agency has with reference to deciding and regulating these GSEs.

Lacy Clay: This hearing is about the political lynching of Franklin Raines.

Barney Frank: I don’t see anything in this report that raises safety and soundness problems.

Also – who was it that warned of this coming five years ago? You aren’t going to like this. That’s right – Mega evil Chimpy McBooooshitleraburton:

The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.

Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.

The new agency would have the authority, which now rests with Congress, to set one of the two capital-reserve requirements for the companies. It would exercise authority over any new lines of business. And it would determine whether the two are adequately managing the risks of their ballooning portfolios.

The plan is an acknowledgment by the administration that oversight of Fannie Mae and Freddie Mac — which together have issued more than $1.5 trillion in outstanding debt — is broken. A report by outside investigators in July concluded that Freddie Mac manipulated its accounting to mislead investors, and critics have said Fannie Mae does not adequately hedge against rising interest rates.

Just some things to keep in mind while Harry Ried, Barack Obama, and Nancy Pelosi attempt to blame Republicans and failed Booosh economic policies.

Convenient Truth: What Company Does Al Gore Buy His Carbon Credits From?

Generation Investment Management LLP

His own

The one he started 2 years before he produced An Inconvenient Truth.

Al Gore pays himself – for the carbon credits (the ones he wants you to buy) to cover his own excesses.

Just thought you might want to know.

[ht: P&T]


Friday FAILs

Of course you have to lock it…


“What a piece of junk”

In other insane news: Longboard Freaks run the Claremont Canyon Hills

Dude…click image to watch:

Skip ahead to about 2:25.