Quote:
Originally Posted by Howitzer
...”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...
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Man, that's brutal. I would love to hear Barney's explanation of that quote.
I became a big fan of Barney Frank's during the Clinton impeachment hearings. He repeatedly ran intellectual circles around the Republicans on that Committee.
Franks is no dummy, but he seems to have missed it on Fannie and Freddie. On the other hand, the whole debacle is so confusing, I don't know what to make of that quote.