Partisan prophets and liberal losses

Damning evidence indeed, and thank God for the public record. The Wall Street Journal took a look back at who said what when about the solvency of Freddie and Fannie. Doubtful it will have the political ramifications it warrants, but good to know none-the-less. The evidence points to both Democrats and Republicans (stupidity is non-partisan), but mostly Democrats. Say what you will about John McCain, in 2005 he raised alarms about things to come which turned out to be spot-on prophetic. Maybe prophetic isn’t the right word, since it was in plain sight for all to see. Earlier this week, I didn’t think the blame-game could go any lower, but yes I am that na?ve. Can always count on Barney Frank, who describes criticism of subprime mortgage recipients in the following manner:

“They get to take things out on poor people. Let’s be honest: The fact that some of the poor people are black doesn’t hurt them either, from their standpoint.”