The Other McCain

"One should either write ruthlessly what one believes to be the truth, or else shut up." — Arthur Koestler

Barney Frank’s Pals Fannie and Freddie Helped Cause the Foreclosure Crisis

Posted on | October 12, 2010 | 16 Comments

A very simple question: “[A]ren’t there a lot of seat-warmers at Fannie and Freddie who collect their salaries for the express purpose of reading mortgage documents?”

Doug Ross calls our attention to the role of these “government-sponsored entities” in the massive screw-up of mortgage paperwork that now threatens to freeze the entire U.S. housing market:

Barney Frank, Chris Dodd, Maxine Waters and the rest of the social engineering geniuses who protected Fannie Mae and Freddie Mac from regulatory oversight . . . should be serving life sentences in Leavenworth.

OK, but first let’s get them out of Congress.

SEAN BIELAT for U.S. CONGRESS

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Comments

  • nice venn
    . . . should be serving life sentences in Leavenworth.

    OK, but first let’s get them out of Congress.

    Good luck with that! You are not going to win by demonizing him.

    btw, How is Pres. Bush doing? Just askin’.

  • Anonymous

    You mean the guy who tried 18 times to rein in this mess while Bawney “Fannie Ranger” Fwank and the rest of the Copperhead felons blocked it? I’m sure he has a clear conscience.

  • Lynklly8

    President Bush is doing just fine, thank you, enjoying his retirement, visiting wounded veterans, doing charity work, and generally showing class by staying out of politics, unlike glory-hounds Bill Clinton and Jimmy Carter.

    As for “demonizing” Frank and his cadre of tax cheats, frauds, and outright public purse pickpockets, they’re doing a great job of that all by their shriveled little selves.

  • Anonymous

    Bielat is going to win no matter how much Bawney Fwank gets demonized.

    Fwank’s a loser’s loser, in other words, a Mark 1, Mod 0 Democrat.

    Bush was one of the greatest Presidents in history, for all his flaws. That you are too stupid to recognize this is hardly our concern.

  • http://www.facebook.com/profile.php?id=1385852725 Richard Mcenroe

    Here’s http://www.youtube.com/watch?v=cMnSp4qEXNM&p=0A6E9E2BE68221D1&playnext=1&index=28 pictures if beandog Nice Venn can’t follow the big words…

  • Barney Frank

    I caused the mortgage crisis.

    And I looooove A-Rod. And Jeter.

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  • http://www.fatboy.cc Teddy Kennedy’s SEARCH+RESCUE

    CT. did their Patriotic duty for almost 1 year to http://www.DumpChrisDodd.com

    Now it’s time that the 4th district step-up and do the right thing for the Nation!

  • Anonymous

    Copperhead Felons? I like that! Describes those Democrat bastards to a “t”!

  • Anonymous

    Randy, I always call them Copperheads. From the plantation to the collective, Copperheads are slavery’s best friends.

  • http://profiles.yahoo.com/u/EU5DQWQTTHTPO4A4ZYSL3AAV2U Adjoran

    But how could you tell the truth about Frank’s record and role in the financial crisis WITHOUT “demonizing” him? He comes off as the bad guy in any honest appraisal – he was the driving force behind intimidating lenders into offering “sub-prime” loans to unqualified buyers, going back 15 years, and in requiring Fannie Mae and Freddie Mac to buy that bad paper, and in not requiring resellers of mortgage securities to disclose how much “Frank financing” they contained. Not to mention “oversight” including controlling pay and bonuses at the agency where his live-in lover worked . . .

    Oh, and President Bush is doing fine, I hear – thanks for asking. I miss him, too!

  • Anonymous

    It’s nice to know I’m not the only one that noticed that.

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