Wednesday, November 11, 2009

Opinion

Sam Dealey

Barney Frank's Fannie and Freddie Muddle

September 10, 2008 10:20 AM ET | Sam Dealey | Permanent Link | Print

Reader Comments

What?

"So five years ago, there was one of those rare moments in Washington when the branches and personalities of government—in this case, the Bush administration—are less interested in protecting or expanding their turf than in fixing a looming catastrophe." So, if the president proposes that the oversight be removed from congress and to the treasury department that they control, they are not expanding their turf? Do you read what you write?

Hey Guys

Hey Guys,

Socialism is the message...

more political BS will put this country further indebt.

The Media and the Liberals

The truth rarely comes out because the liberals and the media are definitely in bed together. For anyone to suggest otherwise, just means you are in bed with them. That is also why SO many issues with Whitewater, Obama's life, the mortgage crisis, rarely make headlines, unless a conservative is in trouble.

BAILOUT

NO BAILOUT FOR THE AUTOMOTIVE COMPANIES. THEY NEED TO CHANGE OLD PROMISES OF PENSIONS, HEALTH CARE, WORK RULES. THE UNION NEEDS TO GO. MONEY GIVEN WILL BE WASTED.

YOU ARE PART OF THE PROBLEM WE ARE IN TROUBLE. YOU DID NOT HELP TO PUT FREDDIE & FANNIE UNDER CONTROL. YOU SHOULD RESIGN. YOU ARE IRRESPONSIBLE.

Both Fannies Should Have Been Stopped

Since it is true that Barney Frank, Nancy Pelosi, Chris Dodd,and Barack Obama, were on the receiving end of contributions from both Fannies, this should be investigated by the Attorney General before a change in the Administration.

fanny freddie barney frank ,pelosi, dodd, obama

SOMETHING MUST COME OF THIS......... AMERICANS ARE TIRED OF BEING RIPPED OFF AND IF THEY WERE THE MAJOR CAUSE OF ALL OF THIS THOSE IN CONGRESS SHOULD BE MADE TO STEP DOWN AND OBAMA IMPEACHED...........SO GREEDY..... AND WHO PAYS.... THE NORMAL EVERY DAY AMERICANS THEIR SUSPOSED TO PROTECT US NOT LAUGH AND MAKE A MOCKERY OF US AND LINE THEIR POCKETS...THIS IS SUCH A SHAME...............I'M FORMER BORN AND BRED MA RESIDENT WHO LIVED IN SEEKONK MA FOR 61 YEARS WHILE THEY LINED THEIR POCKETS I COULDN'T AFFORD TO LIVE THERE ANYMORE AND MOVED TO TENNESSE BUT MY CHILDREN AND GRANDCHILDREN ARE STILL IN SEEKONK AND I DONT WANT THEM TO GO THROUGH WHAT I DID

Barney Frank

To Representative Barney Frank:

I believe you are culpable in this Wall Street mess. You sat by and yelled down Republican concerns about the growing risk that was apparent to all but you in the sub prime housing loans. Your quotes from the Boston Globe: “The private sector got us into this mess these two entities, Fannie Mae and Freddie Mac, are not facing any kind of financial crisis.” also When the White House warned of "systemic risk for our financial system" unless the mortgage giants were curbed, you complained that the administration was more concerned about financial safety than about housing. Not only did you sit by while this was falling apart all around you, you were too arrogant to accept good advice from people like President George W. Bush and Senator John McCain along with other Republicans. You would rather get advice and council from your fellow conspirator Senator Chris Dodd. The democrats keep screaming about bringing Karl Rove and Vice President Cheney up in front of one of your worthless committees where in truth you and Dodd should be brought up to answer for your dereliction of duty. If you and Dodd had any integrity at all, you would resign your chairmanships and resign from the House and the Senate, then turn yourselves into the Justice Department. You are a miserable, cowardly, spineless, pusillanimous liberal democrat, a discredit to your state (where I grew up), a discredit to your country and a discredit to The House of Representatives. You have had a career amassed with bad judgment, poor decisions and embarrassing conduct. You should end this humiliation quickly without fanfare and no further cost to the taxpayers that you have so woefully represented.

AJM

Lets please have a high profile investigation and commission hearings!!

After the sham of the Democrats like Jaime Gorelick who was a form Clinton cronnie sitting on teh 911 commission and shielding the Clinton administration from full investigation they put Gorelick in a job she wasn't even qualified for with Fannie Mae and she takes in $26 Million!!!!!!!!!!!!!

If Dodd,Frank,Gorelick, Obama, Maxine Waters, and all the rest that were in the pocket of Fannie or Freddie don't get fully exposed for what they did in preventing any legislation from the republican side of the isle to be passed as they did in 2005 and even before as the Bush administration expressed concern from 2001 on this will be the biggest crime ever committed against the American public.

Barney Frank

People of MA., get rid of this guy before he does any more damage!

Bipartisan ?

Barney Franks bipartisan? What planet do you originate?

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Sam Dealey is a contributing editor at U.S. News & World Report and Reader's Digest. He has written for many publications, including Time, GQ, the New York Times and the Wall Street Journal.

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