End Freddie Mack and Fannie Mae says Barney Frank?!?!?

Okay, first Mosque supporters are crying for George W. Bush and now this. Okay, has someone been dorkin’ around with the Space Continuum Thingamabob again? I mean, really.

The very, um, Ironic Video:

Okay, did anyone else’s Irony meter just go off of the scale? Mine did. Pegged to the corner… WOW! 😯

I will say, in Barney’s defense, and yes, I am defending the idiot, if you can believe that; fair point about if you remove either of these, what do you put in their place? That is a fair point. But I have a novel idea — How about putting NOTHING in their place?!?!?

Ed Morrissey as always, has the wisdom of the day:

That’s certainly the lesson from the collapse of the housing bubble and the secondary derivative markets. It’s also a sea change for Frank. While he nearly dislocates his shoulder attempting to pat his own back by claiming that he has said this all along, it’s simply not true. Frank, in his role on the House Financial Services Committee, played a huge part in creating and maintaining the government intervention that severely distorted the lending markets. Whether or not he ever uttered a comment along the way about overdoing home ownership, Frank’s actions helped to create and maintain those policies, and he defended them repeatedly over the last twelve years.

However, the New Modesty isn’t a reference to Frank’s self-promotion, but the way that the adherence to the free market seems to have gained traction over the last few months. Just last year, Frank and his allies were busily claiming that the free market caused the collapse, and that only government intervention could restore American prosperity. Eighteen months into the Obama administration, Frank now wants to sound like a born-again acolyte of Adam Smith, or at least as close as Frank can approximate such a pose. Modesty in government is suddenly hot, even among Massachusetts liberals.

Amen. May we all learn our lessons from this craziness of the last few years.