Frank is gay, therefore he qualifies as a ready scapegoat, and attacks on him will be embraced by the RWNJ community. The real truth is that at that time in our political history, Frank was an ally of George Bush of all people, in the initiative Bush called "The Ownership Society", which was essentially Bush helping the banks sell their $hitty mortgage products that blew up in all our faces. Frank embraced this idea honestly, thinking it was a way to improve the lives of the poor, so I don't see how anyone but some political fanatic could claim he was being "dishonest". It was actually one of the big bi-partisan areas of cooperation between right and left, facilitated by the banking lobbies, back before the economy collapsed due the fact these same banking lobbies bought off the regulators to look the other way while they sold adjustable rate frauds to suckers knowing full well that if the loans adjusted upwards these suckers couldn't pay, all thanks to Bush's appointment of Christopher Cox, one of the greatest f***ing idiots to ever hold office in the US, to head the SEC. If you read this Bush White House document:

Fact Sheet: America's Ownership Society: Expanding Opportunities

you will see about half way down the initiative that was being promoted jointly by Frank and Bush in the areas of affordable housing. It was a big policy push, and Fannie and Freddie, due to overheated housing prices at the time, were indeed solvent in 2003, and only those who have little real information of those times would call it a "lie". Their insolvency came later when housing prices collapsed, and Fannie and Freddie got stuck with the bill, something the crooked bastard bankers planned on so that we would all get stuck with the bill. Instead of just being duped by the Right Wing Talk Show Propaganda meme "Barney Frank did it!", jpinville needs to face up to the fact that all of this due to the crooked banks who never did pay for what they did to us taxpayers, while Occupy protesters go to jail for protesting them, none of the bankers ever did, something we'll never hear the right wingers complain about as they pillory Frank, which is what the banking monopolies want people like jpinville to think so they won't see the real truth for what it is, something right out of the book "1984". Get a scapegoat. Get the un-informed all riled up about him. Lies become truth.

I doubt whether either Bush or Frank realized they were being used by the banking crooks in the scheme to sell pumped up mortgages so they could bundle them into crooked derivative and credit default swap schemes, and then insure them thru AIG, Fannie, and Freddie, and then watch us taxpayers pay their losses. Low information people like jpinville just think screaming "Fannie and Freddie and Frank!" somehow actually means anything, but the real truth is that Fannie and Freddie were as duped and defrauded as the rest of us were. Some of us have stayed duped. You want to see the real Fannie and Freddie crook, he's right here:

Newt: The ultimate Beltway swindler - Newt Gingrich - Salon.com