When Politicians Screw Up Economy - Freddie Mac + Fannie Mac

http://townhall

Torben_Snarup_Hansen

21/10/2010

http://townhall.com/columnists/ThomasSowell/2010/10/21/is_barney_frank/page/full/

Sowell

 

Is Barney Frank?

 

No one contributed more to the policies behind the housing boom and bust, which led to the economic disaster we are now in, than Congressman Barney Frank.

His powerful position on the House of Representatives' Committee on Financial Services gave him leverage to force through legislation and policies which pressured banks and other lenders to grant mortgage loans to people who would not qualify under the standards which had long prevailed

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