THE ASTUTE BLOGGERS: PART OF WHY THE USA GOT IT UP THE YOU KNOW WHAT: HOMO BARNEY FRANK WAS SLEEPING WITH MALE FANNIE MAE EXEC FOR YEARS

Saturday, October 04, 2008

PART OF WHY THE USA GOT IT UP THE YOU KNOW WHAT: HOMO BARNEY FRANK WAS SLEEPING WITH MALE FANNIE MAE EXEC FOR YEARS

Unqualified home buyers were not the only ones who benefitted from Massachusetts Rep. Barney Frank’s efforts to deregulate Fannie Mae throughout the 1990s.
So did Frank’s partner, a Fannie Mae executive at the forefront of the agency’s push to relax lending restrictions.

Now that Fannie Mae is at the epicenter of a financial meltdown that threatens the U.S. economy, some are raising new questions about Frank's relationship with Herb Moses, who was Fannie’s assistant director for product initiatives. Moses worked at the government-sponsored enterprise from 1991 to 1998, while Frank was on the House Banking Committee, which had jurisdiction over Fannie.

Both Frank and Moses assured the Wall Street Journal in 1992 that they took pains to avoid any conflicts of interest. Critics, however, remain skeptical.

"It’s absolutely a conflict," said Dan Gainor, vice president of the Business & Media Institute. "He was voting on Fannie Mae at a time when he was involved with a Fannie Mae executive. How is that not germane?

HE WAS SCREWING HIM AND US AT THE SAME TIME - RIGHT UP THE YOU KNOW WHAT!

- Posted by Reliapundit @ 10:47 AM ; Permalink;

Comments on this post

This post has been removed by the author.

# posted by

McCoy : 3:34 AM

Wow. You've finally sunk below your own low bar of absurdity. If ever there were an occasion for your fellow (and ironically more astute)co-bloggers to distance themselves from your ALL CAPS BIGOTRY, the above homophobic rant should qualify.

Will they have the integrity to do so? Only time will tell.

# posted by

McCoy : 5:21 AM