Posted on Friday, 3rd October 2008 by Patrick Dorwin

Posted in Home | Comments (8)

8 Responses to “Fannie & Freddie”



  1. Martin Says:
    October 4th, 2008 at 5:10 am

    I normally don’t care for Bill O. but he’s about the only one I’ve seen so far that has called out Barney Fwank on the Fannie/Freddie mess.

    Good Job!



  2. GOPgal Says:
    October 4th, 2008 at 6:07 am

    Another honest and trustworthy Democrat from Mass.



  3. FromTheHip Says:
    October 4th, 2008 at 11:22 am

    Yes, Barney and Dodd are both crooks but why blame only the Democrats and completely ignore the large role the Republican leadership also played in this?

    Government sponsorship of Fannie and Freddie has been a long running and truly bipartisan affair. But I realize it’s an election year and you’d rather overlook McCain’s strong ties to lobbyists for these same entities. The truth is, neither McCain or Obama can be trusted.

    Which is why I say throw the bums out. I’ll be voting third party for most seats this year.



  4. Jaeson Says:
    October 4th, 2008 at 1:00 pm

    http://www.youtube.com/watch?v=_MGT_cSi7Rs



  5. PCD Says:
    October 4th, 2008 at 3:34 pm

    From the Hip,

    Why don’t you look at the bill S190 that McCain authored trying to regulate Fannie and Freddie, only to be shot down in committee by your Majority Democrats?



  6. Jaeson Says:
    October 5th, 2008 at 3:46 pm

    http://www.youtube.com/watch?v=JyYciV4Ccs8



  7. corbin Says:
    October 6th, 2008 at 7:25 pm

    let us not forget “bawney fwank’s” little trist with his buddy in fannie may.. and how rightly named.

    http://hotair.com/archives/2008/10/03/did-frank-have-a-conflict-of-interest-at-fannie-mae/

    Unqualified home buyers were not the only ones who benefitted from Massachusetts Rep. Barney Frank’s efforts to deregulate Fannie Mae throughout the 1990s.

    So did Frank’s partner, a Fannie Mae executive at the forefront of the agency’s push to relax lending restrictions.

    Now that Fannie Mae is at the epicenter of a financial meltdown that threatens the U.S. economy, some are raising new questions about Frank’s relationship with Herb Moses, who was Fannie’s assistant director for product initiatives. Moses worked at the government-sponsored enterprise from 1991 to 1998, while Frank was on the House Banking Committee, which had jurisdiction over Fannie. …

    The two lived together in a Washington home until they broke up in 1998, a few months after Moses ended his seven-year tenure at Fannie Mae, where he was the assistant director of product initiatives. According to National Mortgage News, Moses “helped develop many of Fannie Mae’s affordable housing and home improvement lending programs.”

    Critics say such programs led to the mortgage meltdown that prompted last month’s government takeover of Fannie Mae and its financial cousin, Freddie Mac. The giant firms are blamed for spreading bad mortgages throughout the private financial sector.



  8. Jaeson Says:
    October 7th, 2008 at 11:01 am

    Imagine that…

    http://hotair.com/archives/2008/10/07/democrats-refuse-to-talk-about-fannie-freddie-in-oversight-hearing/

Leave a Reply

You must be logged in to post a comment.