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.



16 Responses to “Barney Frank’s Pals Fannie and Freddie Helped Cause the Foreclosure Crisis”

  1. Lynklly8
    October 12th, 2010 @ 2:04 pm

    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.