Throw the Taxpayers under the bus

I love reading Yves Smith at Naked Capitalism…. if only because she can come out with these type of quotes:

this proposal is just another example of throwing taxpayers under the bus to save the banks from suffering the consequences of their incompetence and criminality.

The article in total is a great indictment of the Administration’s program to get rid of Freddie and Fannie and just let the banksters get along with it.