Saturday, November 29, 2008

Greg Mankiw's Blog: Moral Hazard

Greg Mankiw's Blog: Moral Hazard



So when you grow up what would you like to be my little cherub?
O yes I wanna be the Fannie Mae and Freddie Mac!
Why?
So giant so rotten but no-one can do anything about it so powerfully rottenly built, they are all afraid of me doing anything like suicide! They all begging me - "Please don’t do a such thing a self-harm! na-mu-ghansam-bosal!" I am a HOT SPOT! So it is best way to go! For scare everyone off! I am a dungeon-monger!