Barney Frank, the Shame of Massachusetts

In 1990, “Massachusetts Democratic Rep. Barney Frank admitted a lengthy relationship with a homosexual prostitute who ran a bisexual prostitution service out of Frank’s Washington DC apartment.

In 1990, The House Ethics Committee recommended Frank be reprimanded because he "reflected discredit upon the House of Representatives. The reprimand came as a result of his relationship with a man named Steve Gobi, a male prostitute whom Frank initially paid $80 for anal sex. Frank later took Gobi to live with him in his home, making him a personal aide (yep a personal aid ). Frank paid Gobi $20,000 in compensation (unreported to the IRS) and let him use his car. Subsequent investigation revealed that in the course of their relationship, Frank used his congressional office and stationary to fix Gobi's 33 parking fines. Frank also used his congressional letterhead to write a reference letter to Gobi's probation officer, Gobi was under court supervision as a convicted felon with a prison record. Most damningly, the investigation found that Steve Gobi ran a prostitution ring from Barney Frank's home. In his defense, Frank asserted he knew nothing of Gobi's prostitution business. Though Frank claimed ignorance of some of the prostitute’s activities, his indiscretion was so great that Franks standing in Congress was greatly damaged and a House reprimand passed overwhelmingly in July 1990.� Steve Gobi, Frank’s live-in boyfriend who ran a “call boy� service out of their home, once told capitol hill newspaper Roll Call that he provided services to Congressional wives as well. “I was sleeping with Congressmen’s wives long before I was sleeping with Congressmen,� Gobi said.

Penthouse Magazine interviewed Gobi and what he said didn’t quit match up with Frank’s testimony. The explicit magazine article about Gobi and the sex-for-hire world in which he said he procured prostitutes for famous clients. The Penthouse article cast new light on the underground world to which Gobi says he introduced Barney Frank. Gobi has said Mr. Frank, whom he dubbed Sweet 'n' Low for "sweet guy, low on cash," was aware of the larger prostitution operation and delighted in being told about the call boy's sexual encounters. Mr. Frank also has admitted to using congressional stationery to write several letters to Virginia probation officials to persuade them to shorten Gobi's probation stemming from felony convictions for drug offenses and for sex offenses involving a minor girl. Gobi told Penthouse "those letters kept me in operation. The letters and Barney's [congressional] perks were worth far more to me than any fees I could have charged him. I wasn't a gold digger, but I'm not a dumb escort, either."

The congressman has said he threw Gobi out in the summer of 1987, ending their two-year relationship, after he discovered the callboy was running a prostitution business from the apartment. But Mr. Frank has conceded that he remained in touch with Gobi through New Year's Day 1988, even allowing the prostitute continued use of his car with its congressional license plate.

Does Barney’s attraction for sex with men factor into why he doesn’t fix his teeth?

This isn’t the only time Barney Frank claimed ignorance of blatant law breaking all around him. Frank was present during a marijuana growing arrest at James Ready’s pot farm in Ogunquit, Maine. Ready is well known for his homosexual relationship with Congressman Frank. According to a police report, police charged Ready with marijuana possession, cultivation and use of drug paraphernalia in August of 2007.

Barney and Fannie Mae and Freddie Mac

Barney Frank’s homosexual trysts with prostitution ring leaders and marijuana growers and other felons aren’t a danger to America as is his position with the House of Representatives Financial Services Committee.

Fannie Mae which was at the epicenter of the financial meltdown of the U.S. economy. In 2003, while the ranking Democrat on the Financial Services Committee, Frank opposed a Bush administration proposal, in response to accounting scandals, for transferring oversight of Fannie Mae and Freddie Mac from Congress and the Department of Housing and Urban Development to a new agency that would be created within the Treasury Department. The proposal, supported by the head of Fannie Mae, reflected the administration's belief that Congress "neither has the tools, stature nor the integrity" for adequate oversight. In response Frank stated, "These two entities...are not facing any kind of financial crisis. The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing." (Great call Barney Fife).

In 2003, Frank also stated what has been called his "famous dice roll": "I do not want the same kind of focus on safety and soundness (in the regulation of Fnnie Mae and Freddie Mac) that we have in the Office of the Comptroller of the Currency and the Office of Thrift Supervision. I want to roll the dice a little bit more in this situation towards subsidized housing." Barney Frank rolled the dice and the American People lost in 2008 when it all came unraveled.

Mortgage lenders didn't wake up one fine day deciding to junk long-held standards of creditworthiness in order to make ill-advised loans to unqualified borrowers. It would be closer to the truth to say they woke up to find the government twisting their arms and demanding that they do so - or else, and Frank was among the lead arm twisters.

Frank was also criticized for campaign contributions totaling $42,350 between 1989 and 2008. The donations from Fannie and Freddie influenced his support of their lending programs, and said that Frank did not play a strong enough role in reforming the institutions in the years leading up to the Economic crisis of 2008. In 2006 a Fannie Mae representative stated in SEC filings that they "did not participate in large amounts of these non-traditional mortgages in 2004 and 2005."

Unqualified homebuyers were not the only ones who benefitted from Massachusetts Rep. Barney Frank’s efforts to deregulate Fannie Mae throughout the 1990s. So did Herb Moses, Fannie Mae’s executive at the forefront of the agency’s push to relax lending restrictions. Shortly after Frank came out of the closet, Frank met and began dating Herb Moses, an economist and LGBT (lesbian, gay, bisexual, transgender) activist; their relationship lasted for eleven years until an amicable break-up in July 1998. Moses, who was an executive at Fannie Mae from 1991 to 1998, was the first partner of an openly gay member of Congress to receive spousal benefits and the two were considered "Washington's most powerful and influential gay couple." Both Frank and Moses assured the Wall Street Journal in 1992 that they took pains to avoid any conflicts of interest. Critics, however, remain skeptical and rightfully so.

Many have raised new questions about Frank’s relationship with Herb Moses, who was Fannie’s assistant director for product initiatives while Frank was on the House Banking Committee, which had jurisdiction over Fannie.

Barney has recently seen the light though proclaiming on 8/17/2010: “Fannie Mae and Freddie Mac should be abolished rather than reformed as part of the Obama administration's planned overhaul of the government's role in housing finance�.

Freddie Mac and Fannie Mae help fund the homosexual agenda. In 2008, Freddie gave $20,000 to a Parents and Friends of Lesbians and Gays (PFLAG) event; Fannie Mae gave nearly $19,000 to the same event. Freddie Mac has donated $125,000 and Fannie donated $80,000 to homosexual groups since 2005. Funding these groups that are clearly that have nothing to do with mortgage finance must have been at the urging of Frank as he was ranking member on the Financial Services Committee. While Freddie Mac and Fannie Mae were funding the lesbian, gay, bisexual, transgender agenda they were going broke at the expense of you and I.

A day late and a trillion dollars short Barney, you can’t extricate yourself from your record now.

It puzzles me why the people of Massachusetts keep returning this amoral character to power, a power where he undermines the future of my children effectively metaphorically sodomizing them. Shame on the people of Massachusetts for continually inflicting this abomination on the rest of the country.

http://www.free-press.biz/usa/Barney-Frank/Barney-Frank-shame.html