What Just Happened?
Hear the Democrats on tape in their own words:
Example, Barney Frank (D-MA): "But I have seen nothing in here that suggests that the safety and soundness [of Fannie Mae and Freddie Mac] are an issue and I think it serves us badly to raise safety and soundness as a kind of general shibboleth when it does not seem to me to be an issue."
He received $42,350 in campaign donations from Fannie and Freddie.
In more detail, tape from 2004 Congressional hearings in which Republicans desperately call for more regulations as Democrats insist nothing is wrong, and throw the regulators under the bus; incredibly shocking:
Example, Barney Frank (D-MA): "But I have seen nothing in here that suggests that the safety and soundness [of Fannie Mae and Freddie Mac] are an issue and I think it serves us badly to raise safety and soundness as a kind of general shibboleth when it does not seem to me to be an issue."
He received $42,350 in campaign donations from Fannie and Freddie.
In more detail, tape from 2004 Congressional hearings in which Republicans desperately call for more regulations as Democrats insist nothing is wrong, and throw the regulators under the bus; incredibly shocking:
posted by RDS at 1:33 AM
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