Saturday, May 8, 2010

Same old BS




Barney Frank at a press conference.
Frank worries the GOP is scoring points with attacks on housing giants Fannie Mae, Freddie Mac. AP

Read more: http://www.politico.com/news/stories/0510/36823_Page2.html#ixzz0nOMvXV2L
Democrat Barney Frank, the chairman of the House Financial Services Committee, sent a letter this week to the White House urging the President to reject the attempt by Republicans to include GSE (Fannie Mae-Freddie Mac) reform in any financial reform bill. Frank argued that had already been reformed and did not need to be included in the Senate’s financial reform bill. Frank told democratic senators, “As Fannie and Freddie operate today, going forward, there is no loss.”

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