11 July 2008

Kiss of death for Fannie, Freddie from White House - MarketWatch

Rex Nutting, the Market Watch Washington Bureau Chief says that the implosion of Fannie Mae and Freddie Mac is a certainty.

Why does he see it as a certainty? Because Bush and His Evil Minions don't see it happening.

Other Things that Bush and His Evil Minions never expected:
  • Terrorists to fly airplanes into buildings.
  • Saddam Hussein to have been telling the truth about not having any weapons of mass destruction.
  • Iraqis to object to a long-term occupation by a foreign power.
  • Hurricane Katrina.
  • People in New Orleans to object to the government's response to Hurricane Katrina.
  • The Democrats to take control of Congress.
  • The Democrats to cave in so easily on important issues after they took control of Congress.
  • Scooter Libby to get caught.
  • Jack Abramoff to get caught.
  • Abu Ghraib to be discovered.
  • Scott McClellan to smell the coffee.
  • The housing bubble.
  • The credit bubble.
  • The housing collapse.
  • The credit squeeze.
  • Bear Stearns to fail.
To quote Bender the robot, "We're boned".

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