Man who helped develop the mortgage backed security mess has been put in charge of same

It's official, the brain trust responsible for creating the toxic mess known as mortgage-backed securities has now been put in charge of the recent implosion at Bear Stearns.

Larry Fink, as shown here, was instrumental in developing this ticking time bomb and now that it's exploding in our hands, its time to let the original bunch of financial sharpies who helped push this country off the cliff to be put back in charge.

Fink, is currently head of Blackrock, who's been chosen by the Federal Reserve to oversee the 30 BILLION dollars of OUR tax money that has been given to JP Morgan to oversee the Bear Sterns imbroglio.

Of course, there will be the usual "investigations" on Capital Hill, by the none too curious Rep. Henry Waxman, chariman of the ill named House Oversight and Government Reform Committee.
Waxman was last seen grilling baseball pitcher Roger Clemens. Afterwards, committee members asked Roger for his autograph.

Yes, no one's going to put anything past Mr. Waxman and his posse of well trained bloodhounds.

How sweet it is! Imagine if you had robbed a bank and when the cops got a little too close to your trail, up pops the District Attorney who puts you--the head mobster--in charge of the investigation into the robbery.

How sweet it is! Because something similar is taking place, with the top cop at the not-so Federal Reserve advising the DA, Henry Paulson, to appoint Mr. Fink to oversee Ground Zero at Bear Stearns.

How sweet it is! Next time you visit the henhouse and notice that there are chicken feathers scattered all over the grounds, and most of the chickens are missing, don't even believe you're lying eyes when you see the fox, lying on his back, with a swollen stomach, while he's gnawing on a chicken bone, don't even believe for one moment that the fox had anything to do with the theft of your chickens.

How sweet it is!!