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Big Lizards on Fannie, Freddie and Frank

I think it was Woody Allen who once observed (and I’m not sure in what film) that everybody in the world is insane except you and me — and I’m starting to have my doubts about you. Well, it’s official.

And in honor of these strange days, I am adding Big Lizards to my blog roll today. Their observations, from what I’ve read so far, are spot-on and highly amusing.

This essay on Fannie and Freddie by Dave Ross is particularly interesting. I had no idea that Barney Frank’s domestic partner actually worked for Fannie and Freddie from 1991 to 1997. Now it all sort of makes sense, in a bizarro kind of way, why Frank defended the GSE’s bad behavior and crusaded for sub-prime lending. The plot thickens.

And I’m disappointed that McCain is not more profound or angrier. Just thought I’d put that out there.

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