Democratic retard, Barney Frank, has asked Fannie Mae and Freddie Mac to relax lending rules that were tightened after last year’s mortgage meltdown. How can this “man” be so unaware of the things he does? Most disturbing is that there is very little chance of him being voted out of office.
Back when the housing mania was taking off, Massachusetts Congressman Barney Frank famously said he wanted Fannie Mae and Freddie Mac to “roll the dice” in the name of affordable housing. That didn’t turn out so well, but Mr. Frank has since only accumulated more power. And now he is returning to the scene of the calamity – with your money. He and New York Representative Anthony Weiner have sent a letter to the heads of Fannie and Freddie exhorting them to lower lending standards for condo buyers.