The history of that one goes back to all of the (now laughable) talk about the Thompson "bubble" that was supposedly about to burst as he tanked so badly that he'd never even enter the campaign officially. (Also the time of those nonsensical "stalking horse" rumors.)
Ahh, tied to the talk of “bubbles” in the tech industry, stock market, etc.
Not sure I want to associate that with Fred, even in trying to make it a negative.
“Fred’s no loser” — see, even though it says he ISN’T a loser, now you’ve got “Fred” and “Loser” associated.
If someone said there is a Fred Bubble, I certainly would say “this isn’t a bubble”. But I wouldn’t make it my theme line.