Just watched Barney Frank on The O’Reilly Factor a moment ago… they got into a very bitter argument and Bill O’Reilly ripped Barney Frank a new one… Hopefully it’ll be on YouTube soon…
UPDATE: Video:
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Matt Margolis is co-author (with Mark Noonan) of Caucus of Corruption: The Truth About The New Democratic Majority. He also blogs at The Buffalo Bean. Follow Matt on Twitter.
http://www.wnd.com/index.php?fa=PAGE.view&pageId=75717
Guess again who’s to blame for U.S. mortgage meltdown
Analysts point not to greed, but to social activist politics
Posted: September 19, 2008
By Drew Zahn
While many pundits are pointing to corporate greed and a lack of government regulation as the cause for the American mortgage and financial crisis, some analysts are saying it wasn’t too little government intervention that cased the mortgage meltdown, but too much, in the form of activists compelling the government to pressure Freddie Mac and Fannie Mae into unsound – though politically correct – lending practices.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aSKSoiNbnQY0
How the Democrats Created the Financial Crisis
By Kevin Hassett
“Oh, and there is one little footnote to the story that’s worth keeping in mind while Democrats point fingers between now and Nov. 4: Senator John McCain was one of the three cosponsors of S.190, the bill that would have averted this mess.”
Bill did not get to the part about Barney’s boyfriend writing the regulations in Fannie, or, about the massive campaign doanations (aka bribes) to Rep. Frank.
Barney Frank didn’t think there was anything wrong in 2004:
http://uk.youtube.com/watch?v=_MGT_cSi7Rs
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