Are good friends of Howard Dean.

Look, kid, it’s not our fault the Democratic Party panicked and voted in a debt bill that they didn’t read. With the results that we see here now.

Moe Lane

PS: Don’t do anything stupid, like pretend that you don’t know what I’m talking about. That will make you tedious. You don’t want to be tedious.

Because they are the lying liars who lied about the CRA, Fannie Mae and Freddie Mac, sicced ACORN on the banks to bully them into making more bad loans to people who couldn’t repay them, and contributed to the size of the initial financial mess. Obama’s campaign finance chair Penny Pritzker (sp?) was the one who invented the securitized mortgage scam that caused the mortgage mess. She drove her family bank out of business but still landed as Obama’s finance chair. You see, destroying money and confidence in banks is a *good* thing in Democrat circles.

AIG are bad guys who should have gone into bankruptcy protection. Let others buy up their good assets and someone else offer insurance to cover their newly exposed insureds. In the meantime, mark to market needs to be repealed. Also GM needs to go into bankruptcy. Finally, the Credit Default Swap (CDS) market needs to require that you own a covered asset *before* you buy CDS “insurance” on it. If you don’t you are merely driving up the price of insuring that company’s debts and therefore depriving that company of credit, which dooms them to death by cash flow disaster, meaning you win your CDS bet. IN OTHER WORDS, NAKED CDS IS A NO-LOSE BET AGAINST A COMPANY THAT CAN LEAD DIRECTLY TO THE FAILURE OF THE COMPANY. It needs to be made illegal immediately, and any uncovered CDS simply declared worthless immediately.

“A nation which can prefer disgrace to danger is prepared for a master, and deserves one.” –Alexander Hamilton

Study at Redstate University

It’s a little different. It’s the matter of using Madoff as an archetypical character on Wall Street. I’m not so sure of that connection, either.

Madoff was just a scumbag who duped people who didn’t want to hear about any kind of government oversight or interference in their investments. Most of them were Democrats.

The Party appreciates the sentiment, but would ask you to hold off on hating Madoff until Thursday. These hates have all been arranged for you by the Central Authority. Remember, independent hating is independent thinking.