from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. Plural form of Hoovercrat.
Sorry, no etymologies found.
First you had the Hoovercrats, and then you had the Hoover carts.
The Hoovercrats now label the fruits of their regulations, "predatory lending" and were successful in enacting a major bailout of ARM mortgagees a few months ago.
The world is voting with their money on America, while the Hoovercrats want to take money from Americans while denying them their own oil on the hope for a wind driven alchemy even Merlin the Magician couldn't conjure.
The Hoovercrats blame the current financial crisis on a lack of regulation, despite the fact that it was Clinton Era regulations that directed Fannie Mae and Freddie Mac to guarantee mortgage loans to credit risky borrowers in the name of fighting supposed "institutional white racism."
First you had Hoovercrats and then you had the Hoover carts. "