"These two entities—Fannie Mae and Freddie Mac—are not facing any kind of financial crisis," said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. "The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing."That quote comes to you from the year 2003. Gee, an ounce of prevention five years ago might have saved us from this staggering pound of cure in 2008.
Barney Frank, the latest incompetent to be exposed by scandal. Why do these people remain elected into office? Wake up folks, vote these idiots out of office!
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