Banking Queen Barney Frank Rises
Like the fucking phoenix, everyone’s favorite gay sex ring entrepreneur is back at it. Ladies and gentlemen, a round of applause for Mr. Frank.
He’s back, and asking Fannie and Freddie to relax banking standards for condos.
Let’s forget that he’s on camera saying he want’s to “roll the dice” with mortgage financing before the mortgage meltdown panic catastrophe etc., and just ask the simple question: If lending to people who can’t pay their loans off led to a recent collapse that damn near zeroed the system, would you suggest doing that same thing for any reason whatsoever?
Answer: Hell no.
Barney Frank Answer: Yes, but quietly, if possible.
So, the push to force homeownership on everyone continues. When will this wet dream end, and when will Democrats finally have to consider their actions as they stuff the soiled sheets of our economy to the bottom of the hamper? I’m guessing never. Luckily, Drudge put this one up for all to see. Thanks, Matt.
