Barney Frank to Retire

Spittle shield vendors to be hit hardest.   The number one source of spittle on Capital Hill,  Barney Frank, has announced his retirement,  Karen is heartbroken, from Lonely Conservative:

Good Riddance! Barney Frank to Retire

Now that the damage is

Wesbury, Long Island, NY– I’m here at one of my regular stops. I ran down to Carlisle, PA to pick this load up, and ran it here this morning AT the moment, I’m waiting to get unloaded so I can

Scranton, PA– OK, I had the burned wiener festival last night. The Wiener is toast, and it’s all over but the signatures. So, I’ll not mention that whole thing.

• Like hell, I won’t. Ya gotta love Breitbart basically hijacking the

Carlisle, PA– I’m at the truck stop in Carlisle as I write this.

Getting comfortable in the new truck I’ve been assigned is an effort that has taken weeks… as I suspected it would. There’s still work to be done

Welcome back my friends, to the show that was on pause too long… the BitsBlog Nightly Ramble

• YEAH, I KNOW…. I let these Nightly Forays into political  and social commentary slide for a few nights. I’m still getting used to

Today the headlines read something like:  Government Stands to Reap $7.5 Billion Profit from Sale of Citi Stock.  This was reported in both the Wall Street Journal and our local rag, the Des Moines Register, and while estimates vary as

“The top regulator for Fannie Mae and Freddie Mac is expected to announce millions of dollars in pay packages for top executives at the government-run mortgage-finance titans, people familiar with the matter said.

“The Federal Housing Finance Agency approved compensation

Even Howard Dean called this “reform” plan crazy! “Reform” is in quotes because calling this reform is a lie.This is not reform it’s a complete socialist take over health care with rationing of care for the old and undesirable. If

Welcome to the most intense nightly read anywhere on the sphere… em>The BitsBlog Nightly Ramble

This is the “Goin’ Mobile” edition.

Yes, that pic is taken outside the Jake in Cleveland, just before a wind gust knocked it over, wiping

It’s occurs to me in looking around this morning at the news and commentary that Send to be Ex-Illinois Governor Rod Blagojevich would’ve made an ideal candidate to run Fannie Mae or Freddie Mac.

It also occurs to me, that

Over at OTB, Steve Verdon restates what I’ve been saying here for weeks:

An older article, but relevant.

It is important to understand that, as GSEs, Fannie and Freddie were viewed in the capital markets as government-backed buyers

Bruce McQuain does an admirable job of explaining my estimation on the sub-prime meltdown quoting a 1999 article in the New Work Times:

The lede:

In a move that could help increase home ownership rates among minorities and low-income

But it’s not like the GOP, John McCain, in particular, wasn’t trying to do the people’s business. They were stonewalled by Democrats.

Again….

Welcome, dear reader, to the most intense nightly read in the ‘sphere…  The Nightly Ramble….

Lots to cover today, as always and as dictated by events, most of it to do with the bailout which at this point (About