Gather round, children, and I will tell you the story of the President's New Clothes.
Once upon a time, there was a vain president in far off Washington whose only worry in life was to dress in elegant clothes and have parties. He began by holding weekly soiree's, and then twice per week, and then three times per week. And at each soiree' he loved to show off his new clothes and played with the presidential Teleprompter telling ever more outrageous stories.
His consort, Princess Shopping Cart, would also dress up in the most expensive and outrageous outfits, which disturbed the common folk to no end while the sycophants and hangers-on all cried with joy at her inventiveness. The plebes, however, began to call her Princess Gaga.
The President and his Princess had the most wonderful times eating cake and spending the plebe's money with their rich liberal friends, who all professed their solidarity with the plebes as they ate cake.
One day, two clever economists from far off Italy named Dolci and Gabbano heard of the vain president and decided to take advantage of him...
The two Italian economists, Dolci and Gabbano, crept softly into the night onto a G5 bound for Neckar Island, where they could not be extradited, and were warmly greeted by Angelo Mozillo, the chairman of Goldman Sachs, and George Soros.