The End Is Near

The End of Days is definitely coming.  If it wasn’t enough that I legitimately agreed with Paul Krugman on something yesterday, today an even scarier indicator has reared its head.  Are you sitting down? I’m just going to throw it out there real quick, like ripping off a bandaid:  I agree with Maxine Waters on something!  The Fannie/Freddie/BankAmerica settlement IS another bad deal for the taxpayers, with a mega-bank as the beneficiary.  For more on why, see Ritholtz here.
Just for sanity’s sake, let’s get in the time machine and look at some of Congresswoman Waters’s greatest hits. First, the “Captains of the Universe.”  The part about “fees” around 5:30 is classic.  Ken Lewis gives her an exasperated “I don’t know what you’re talking about” and Vikram Pandit talks to her like she’s a ten year old:

And this one where she tries to talk to Bernanke will make you bang your head on your desk:


Kid Dynamite is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to If you click on my links and buy anything, even something other than the product advertised, I earn a small commission, yet you don't pay any extra. Thank you for your support.

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

blog comments powered by Disqus
Kiddynamitesworld Blog