Michele Bachmann Says Comical Thing About Economy
Thursday, September 18th, 2008
Staunch conservative baby harvester Rep. Michele Bachmann sez: “First we were told that Bear Stearns was too big to fail, then we were told that Freddie/Fannie were too big to fail, then we were told that AIG was too big to fail. What’s next, Starbucks too big to fail?” Ha ha ha, oh heavens, we think that might be a slap at the dreaded Liberals! Bachmann, as always, has hit upon something brilliant here that could carry the Republicans into landslide victories this fall: The government is flooding the economy with cash, ergo the Democrats must be behind this, and they will continue to bail out their “San Francisco values” companies if you elect them. “What’s next, STARBUCKS?” Marvelous. [ABC News]
Staunch conservative baby harvester Rep. Michele Bachmann sez: “First we were told that Bear Stearns was too big to fail, then we were told that Freddie/Fannie were too big to fail, then we were told that AIG was too big to fail. What’s next, Starbucks too big to fail?” Ha ha ha, oh heavens, we think that might be a slap at the dreaded Liberals! Bachmann, as always, has hit upon something brilliant here that could carry the Republicans into landslide victories this fall: The government is flooding the economy with cash, ergo the Democrats must be behind this, and they will continue to bail out their “San Francisco values” companies if you elect them. “What’s next, STARBUCKS?” Marvelous. [ABC News]









In some terrible news for full-time bloggers, the amount of cocaine being trafficked into the United States from our “southwestern” borders is sharply declining, if lower government seizures are any indication (not like “ha ha that guy’s freaking out”-style seizures, but actual seizures of cocaine. Same thing?) John Walters, the U.S. DRUG CZAR, also says that the purity and and price of cocaine has fallen in our fair country as well. This probably is why Bear Stearns was too lazy to save itself, and also why it took insane risks in previous years when cocaine was still good. So now all the cocaine is going to Europe, where they have a very strong currency. Now they can make crazy loans too! [
This weekend, as our frozen credit markets and subprime space aliens took investment bank Bear Stearns — the fifth largest in the country — down, down, down into the ground, former Federal Reserve chairman Alan Greenspan wrote an