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Barney Frank is hilarious

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    • What is the big clue here that you are missing or ignoring? Why don't you take a guess at what a good criticism of this video would be? Can you give me two good criticisms?

      • It doesn't show where the Republicans were lax.
        It doesn't offer more historical context on how the entire concept of Fannie/Freddie is rooted in farce.
        • Very good. A few more - the video is obviously edited to tell a story from a perspective. Watch 60 minutes and you'll see the same effect.

          And, the video doesn't mention that the objection that Franks had to the entire thing in 2003/2004 was that it was an effort to move oversight of Freddie Mac and Fannie Mae from Congress to the Treasury Dept. - the executive branch. Nor does the video mention that Barney Frank had his own bill for regulation in 2007 which was designed to address the mortgage problem.


Men take only their needs into consideration -- never their abilities. -- Napoleon Bonaparte