How come no one in the MSM remembers Barney Frank setting the table for the current financial crisis? Fortunately, John Hinderaker at Powerline refreshes our memory as he reviews a 2003 NY Times article. As you will see, Barney Frank is well, Barney Frank…
“These two entities — Fannie Mae and Freddie Mac — are not facing any kind of financial crisis,” said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ”The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.”
Yea, I know, it’s all Bush’s fault, and whatever isn’t Bush’s fault is sure to be Sarah Palins. A convenient onset of Amnesia from the MSM, with the New York Times leading the way.
