Isn’t it amazing? Barney Frank, the loquacious Democrat Rep of Massachusetts, who has vehemently denied that he had anything to do in the past for cheer leading Fannie Mae and Freddie Mac from going overboard in promoting subprime mortgages, to let the poor own homes, even using the expression “roll the dice” to do so, is at it again.
After the government-sanctioned agency has lost tens of billions of dollars, while acting as the instrument of the financial meltdown, he again has been sounding off about offering easy loans.
His implication is right about one basic: On balance, most voters tend to have short memories around election time.
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