Poisonous Cleats

In summation, folks, Barney Frank 1) fought every attempt to regulate Fannie and Freddie, 2) got tons of campaign cash FROM these entities, and 3) has an ex-lover who was the director of housing initiatives for Fannie Mae. Oh, and in case you think that that third one is a cheap shot, it was Frank himself (in an effort to justify the left's pissing on Sarah Palin and her teenage daughter) who said that "family life should be fair game for campaign discussions.".............................................................I also think it should be stated, folks, that Congressman Frank's roots on this issue are excessively deep. Back in 1991, the Boston Globe (normally a paper sympathetic to the left) reported that Frank pushed those at Fannie Mae to LOOSEN REGULATIONS on mortgages for two and three family homes, even though these particular dwellings were defaulting at two and five times the rate of single family homes. And in 1994, when President Clinton attempted to impose new regulations on Fanny, damned if Frank didn't succeed in thwarting him, too. This is from Clinton himself, folks. "I think the responsibility that the Democrats have may rest more in resisting any efforts by Republicans in Congress or by me when I was president, to put some standards and tighten up a little on Fannie Mae and Freddie Mac." Bill Clinton, me-buckos, a pretty darn good president, I think. Well, except for....