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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: Kenneth E. Phillipps who wrote (67342)6/24/2009 11:42:28 AM
From: JakeStraw2 Recommendations  Read Replies (1) of 224738
 
Time to get rid of this idiot!

Barney the Underwriter
Telling Fannie Mae to take more credit risk.
online.wsj.com

Back when the housing mania was taking off, Massachusetts Congressman Barney Frank famously said he wanted Fannie Mae and Freddie Mac to "roll the dice" in the name of affordable housing. That didn't turn out so well, but Mr. Frank has since only accumulated more power. And now he is returning to the scene of the calamity -- with your money. He and New York Representative Anthony Weiner have sent a letter to the heads of Fannie and Freddie exhorting them to lower lending standards for condo buyers.
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