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Those lousy Greeks/Europeans, how can they spend so much money propping up their failed economy and jobless cretins and mountains of bad debt? Don't they have capitalist scruples or whatever? Oh yeah, and America's government-run mortgage hander-outer, Fannie Mae, needs another $8.4 billion to get through next week maybe, things have been sort of tough, what with the $11.5 billion loss just in the first quarter of this year.


The Wall Street Journal reports:

Fannie's losses reflected continuing weakness in the housing market and would have been worse without accounting changes that reduced its deficit. The quarterly loss was an improvement from the $23.5 billion loss for the year-ago quarter and marked the 11th consecutive quarterly loss for the Washington-based firm.

The company has now racked up losses of nearly $145 billion, or nearly double its profits for the previous 35 years.

Oh but that's okay, at least the other big government backer of home mortgages is okay, right? Uhh:

Freddie Mac, the bailed-out mortgage-finance giant, reported Wednesday that it continues to lose money and needs an additional $10.6 billion in assistance from U.S. taxpayers.

But mortgage delinquencies through Fannie Mae fell by a tenth of a percent, so that's good? Besides, real estate always goes up! As terrible as this all sounds, Fannie and Freddie are basically holding up the entire American Mortgage market right now -- 96.5% of all new mortgages in this doomed nation are either held or guaranteed by the two government-run giants.

As bad as the situation may be, without government conservatorship, Fannie and Freddie could've gone down like Lehman Brothers. It is difficult to imagine the chaos and horror that would follow ... and that's why Dangerous Lunatic John McCain just introduced legislation to just shut the danged things down. [Washington Post/Wall Street Journal/Washington Post]

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Blanket Disclaimer: Spitting on anybody is dead wrong. Even if it's a Trump.

Still, Eric Trump got to eat a tiny slice of the shit pie women, minorities, poors, disabled, and all of the other people who are deemed "takers" or who come from "shithole countries" experience at some point in their lives: He got spit on. By a woman, according to Breitbart (no link), because we are evil. Woe unto the wealthy white man! Wealthy white men are some of the most abused and marginalized people in the Universe, according to wealthy white men, and Eric Trump is no exception. Please cry for wealthy white men, ok you can stop now. Another group of Americans that are constantly abused, marginalized, and even denied their rights by the very same type of wealthy men that spawn such men as Eric Trump, are called "women." And apparently we are mean as fuck now.

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Well folks, we think we have a geopolitical relations first for an American president. We might need to consult with Doris Kearns Goodwin or Kevin Kruse, but we cannot recall a time one of America's purported enemies OR friends has called the president of the United States "retarded" or anything along those lines. We remember leaders hating American presidents. We remember them recoiling like UGH GET OFF ME when an American president tried to give them a friendly sensual love massage during the G8. We remember them literally attacking our democratic elections in order to prevent the inaugurations of potential presidents they despise and fear. But we don't remember anything like this.

President Hassan Rouhani of Iran, commenting on Donald Trump after the Trump administration threw some new sanctions at Iran on Monday:

Iran warned Tuesday that new U.S. sanctions targeting its supreme leader and other top officials meant "closing the doors of diplomacy" between Tehran and Washington amid heightened tensions, even as President Hassan Rouhani derided the White House as being "afflicted by mental retardation."

Here is the full quote, in case you were wondering if something was lost in translation, like that time Vladimir Putin called Trump "brilliant" and Trump was so excited he left a ring of orange jizz around the bathtub, but what Putin actually said in Russian more accurately translates as "colorful" or "shiny." There's no confusion here:

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