The Stupid

As always, it burns:

The truth:

“[W]hile the U.S. government’s influence on American financial institutions has certainly increased since TARP — its ownership in any of the nation’s banks is paltry (6 percent of Bank of America and 7.8 percent of Citigroup as of early 2009, for example). And, it is helping the banks to get back on their feet while earning a profit for taxpayers.”

Bachmann’s Latest Whopper: ‘The Federal Government Literally Owns Banks’ [ThinkProgress]
4 Comments

The only explanation for Bachmann’s renewable lunacy is that Minnesota buys back whatever you produce in excess of daily entertainment needs.

Will no one rid me of this troublesome varmint?

@Jebediah: Do you live in MN? At least your Senator is the awesome Al Franken!

I love the way Republicans just pull numbers out of their ass to justify any absurd claim they want to.

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