Two Vexing Situations

1. The Arizona Cardinal are going to the NFC Championship game next week to play the Philadelphia Eagles. Where was this scenario hatched? Both teams were written off 4 weeks ago only to prove all the experts wrong.

2. The current economic problems in the US and the world are being blamed on 'unrestrained capitalism' instead of the real culprit, creeping fascism. The GSEs of Fannie and Freddie are fascist entities, protected by the government and expected to toe the government line. Because the GSEs are directly influenced by government and report to government, they have become a political reward for many on Capitol Hill (Barney Frank's boyfriend works for Fannie). In 2001, president Bush said the following in his budget to Congress:

Fannie and Freddie were too large and overleveraged. Their failure "could cause strong repercussions in financial markets, affecting federally insured entities and economic activity" well beyond housing.

So, instead of heeding the warning, Chris Dodd (Dem-Connecticut) filibustered any reform bill that would have headed off such a massive failure after Fannie and Freddie spend $170 million to protect its interests. That's how fascism works, the company gets favored status and in turn pays off its political patrons. In 2001 we knew the potential problems, why was nothing done? Why is government the answer when it caused the problem?