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Frank, who chairs the House Financial Services Committee, has always been ardent in his defense of Fannie and Freddie. In 2003, he insisted that the two mortgage giants were not “facing any kind of a crisis.’’ In July 2008, just weeks before they collapsed and were taken over by the federal government, he publicly maintained that “Fannie and Freddie are fundamentally sound — they are not in danger of going under.’’
I'm waiting for the implication from frank that the prospect of him losing the race would be discrimination based on his gayness.
WoW!!!! They didnt go easy on him. He might be in trouble. He did loan his campaign money. Seems some arent buying his BS anymore. I doubt he will ever take responsibility for his role in this. He lives in some other world
If i were him, i would crawl under that rock now! He will never accept any responsibility for his part ever, that is the way this bunch handles themselves, with BS and who is buying into it any more, Not one sane person, again i said sane.
Over the years, Frank has been a consistent critic of many things (defense spending, Republicans, free enterprise), but an opponent of programs to assist low-income homeowners? The congressman who in 2003 blasted Bush administration efforts to reform Fannie/Freddie on the grounds that “the more pressure there is on these companies, the less we will see in terms of affordable housing’’? The one who saluted Fannie Mae in 2004 for backing mortgages with as little as 5 percent down on factory-built “trailer’’ houses, and chided the media for not showing enough interest in what he called “an essential part of any program to increase home ownership in America’’?
Thanks Barney for looking out for the deep pocket crowd.
Tab for Fannie, Freddie could soar to $259B - Yahoo! Finance (http://finance.yahoo.com/news/Tab-for-Fannie-Freddie-could-apf-1303139837.html?x=0 - broken link)
Thanks Barney for looking out for the deep pocket crowd.
Tab for Fannie, Freddie could soar to $259B - Yahoo! Finance (http://finance.yahoo.com/news/Tab-for-Fannie-Freddie-could-apf-1303139837.html?x=0 - broken link)
If Bwarny loses he'd probably get a cushy job at Goldman Sachs.
If Bwarny loses he'd probably get a cushy job at Goldman Sachs.
He'll be right where he belongs. Pimpin' it in P'town.
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