IGM New Stupidity Record

Inter-Galactic Memo
To: All Personnel
Fr: W. Leavitt
Re: New Stupidity Record

This one will be short.
In an unprecedented display of willful ignorance, stupidity, ideologically-Dadaist-dialectic, and self-character assassin, the Honorable Representative Barney Frank (D, MA), just sent a letter to Fanny Mae and Freddie Mack, asking them to loosen lending regulations. Current regs, according to the official Bizzaro-World poster boy, may be “too onerous” and he (and some attorney) are asking the lending institutions to “make appropriate adjustments.” (For those of you who’ve been in a coma for a few years, he and his cohorts did this once already, several years ago, which brought on the real estate/housing bubble, it’s consequent bursting, and helped fuel the currently raging recession.)
How soon we forget, eh?

In a related story, US citizens from around the country are saying that if Frank is re-elected yet again by the brain-dead state of Massachusetts, plans to put the state up for sale will be implemented. (Dubai is making back-channel inquiries).
Personally, I say we give the thing away. It’s not worth anything as is, and it is substantially smaller than the county I live in. We won’t miss the real estate. Besides, who’s gonna pay money for a state that keeps electing Frank and Kennedy?