Freddie "the Freeloader" Mac

On Friday, we learned that Freddie "the Freeloader" Mac probably needs another $35 billion to keep it afloat while it tries to recover from the multi-billion dollar sub-prime mess. This is one of  the great mortgage agencies overseen by  Barney Blather Frank and Chris, the Connecticut Coxcomb, Dodd. Of course, we know it was all President Bush's fault for this sub-prime disaster..

What a great oversight job by Barney Frank and Chris Dodd.  When will the liberal press investigate these two Beltway Blowhards for their role in this mortgage nightmare?

Meanwhile, Barney has been very busy arranging a $12 million TARP "bailout" for a mis-managed  "black" bank, OneUnited, located in his home district. The FDIC should be closing it down and taking back the CEO's bank-owned Porsche.This capital injection is NOT the purpose of TARP, but since when do the rules matter with Mr. Blather?

What has Dodd been doing lately? He has been relatively quiet, besides fawning over Geithner in the confirmation hearings. Maybe he is quietly renegotiating a couple of sweetheart mortgage deals in this new era of transparency.