Fleece And Penury

clipped from pajamasmedia.com OVER AT JOHN ARAVOSIS’ AMERICABLOG: Yawn…another investigation into Wall Street fleecing customers — And surprise, surprise, another tie to the new Obama team. “This same old story gets increasingly old during this administration that talked so much about change. It’s the same old problem involving the same old people UPDATE: Related, from Tim Cavanaugh: Why wasn’t I looking for the buried Christmas Eve story? As John Thacker notes in the comments, the Department of the Treasury announced today that it will lift its $400 billion cap on support for the failed GSEs Fannie Mae and Freddie Mac. More here and here. The Treasury’s press release bears the conveniently bland headline “TREASURY ISSUES UPDATE ON STATUS OF SUPPORT FOR HOUSING PROGRAMS” — because I guess “Merry F’ing Christmas: Your grandchildren will live in penury so we can prop up a bunch of deadbeats and incompetent bankers” was taken long ago. Yeah, that headline runs every day now, it seems . . ..