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.



  • 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.