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Barney Frank had key role in housing collapse 

By: Zimbler0 in POPE | Recommend this post (1)
Sat, 07 Jul 12 3:38 AM | 46 view(s)
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http://rapidcityjournal.com/news/opinion/columnists/national/article_6a24427c-dbd2-11df-9fd4-001cc4c03286.html

October 20, 2010

WASHINGTON - Among long-time politicians who are being seriously challenged for the first time this election year, Congressman Barney Frank of Massachusetts epitomizes the cynical ruthlessness which hides behind their lofty rhetoric.

Having been a key figure in promoting the risky mortgage lending practices imposed by the federal government on lenders, and on Fannie Mae and Freddie Mac to buy these risky mortgages from the lenders, Barney Frank blamed the resulting collapse of financial markets and the economy on everybody except Barney Frank.

(Article does continue. Zim.)
(Hmmm . . kinda smells like a liveral winger, don't it?)




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