Tuesday, September 30, 2008

Marcy Kaptur is an idiot

I heard the Representative from Ohio on the morning show circuit saying we need to suspend mark-to-market practices.

Yes, let's avoid putting prices on assets. She wants to suspend reality. This is not the change we need.

We've noted her bimbo-ness in the past here.

UPDATE: CNBC's Matt Nesto reporting that the SEC and FASB (Federal accounting standards board) is actually considering following this course of action. Are all our federal agencies filled with bimbos?

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