Posted on 06/28/2009 12:47:34 PM PDT by Starman417
Our favorite Congressman from MA is back in the news again.
No, there's not a male escort service operating out of his townhouse this time. That's so 1989.
This time, Barney is pushing for, you guessed it, relaxed mortgage standards.
Since that worked out so well for our country the first time, Barney wants an encore:
Rep. Barney Frank says that unless Fannie Mae and Freddie Mac relax their recent tightening of mortgage standards on new condominiums, the economic recovery could be threatened.That would be the same Barney Frank who famously boasted that the two federal agencies -- which lost billions by making improvident loans -- were "fundamentally sound financially and [can] withstand . . . disaster scenarios."
Then came the disasters.
But to Barney Frank, Fannie and Freddie are essentially taxpayer-funded social-service agencies whose mission is to turn all Americans into homeowners -- whether or not they can afford it.
(Excerpt) Read more at floppingaces.net ...
Will this sicko never quit? Wish AIDS would overtake him.
“slow learner” is the very least of a whole slew of pejoratives this moron needs tattooed on his forehead.
None of which have anything to do with his sexuality.
I don’t blame the CRA for the sub-prime crisis, but what Barney is now advocating is exactly the thing that led to the mess. Condos are expensive to build, and the people who are likely to buy into them, are apparently the same kind of people who will simply walk away from the thing when necessary.
parsy, who figures Barney is on the take somewhere from some builders
Buck Farney Franks...he needs to go away.He is a socialist creep.
The fact that Frank is able to still keep his Chairmanship of the Banking Committee, even after advocating such atrocious measures, is simply staggering.
If you push lots of TARP money into the one end, what did you think was going to come out of the other end? Stability?
I’ll have a party if that happens.
The GOP are IDIOTS SUPREME if they do not take advantage of this and pound on this day after day after day.
Stupid pervert idiot continuing criminal behavior is more accurate.
And then there is the other asinine statement recently made, that "we will not institute Canadian socialized health or British socialized universal socialized medicine." WE can do it so it works!"
Sound familiar?
Same thing losers said for 80 years about communism and socialism.
I just smile and recall images of Mussolini and his lover at the end of WW2.
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