Thursday, July 14, 2011

Barney Frank Goes All Batty After S&P In A Report Insinuates That Dodd-Frank Is A Miserable Failure, Hypocritical Hilarity Ensues....

There is something oddly pot-meet-kettle-esque when Barney Frank, one of the men most responsible for the nationalization of the GSEs, sends out a letter bashing S&P head David Sharma, one of the men responsible for the credit crisis. Especially when the bashing is over something that is actually 100% true: that Dodd-Frank is the most pathetic and corrupt pieces of legislation to come out of Washington since Gramm-Leach-Bliley.....