AudiWorld Forums: if that's his point he's wrong. Frank et al pushed Fannie/Freddie to buy more risky loans

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if that's his point he's wrong. Frank et al pushed Fannie/Freddie to buy more risky loans

Posted by: pgh_audi on 2008-10-06 12:51:51
Account #: 20518

In Reply to: His point is Frank has nothing to do with the Minority loan debacle.. posted by audimafiaoso on 2008-10-06 12:47:00

from sub-prime borrowers. If F/F was not there to back-stop the loans firms like Countrywide would not have been making them.

Clearly many/most of the mortgage originators were slime balls...countrywide even more than most.

However the structural regulation related to F/F made it a lot easier to do.

Thread:

Barney Frank strikes again! - pierreb 2008-10-06 12:27:24 (57 views)

Barney Frank. what a joke. - |everso!| 2008-10-06 22:00:47 (2 views)

unfortunately unless he dies or gets impeached we are stuck with Barney Fag until 2010 - Meh 2008-10-06 13:38:03 (36 views)

So would you refer to Republicans Larry Craig and Mark Foley as "fags"? --- - Captain Sensible 2008-10-07 05:23:29 (10 views)

tells ya all you need to know about Meh right there I guess. - pierreb 2008-10-07 06:18:11 (5 views)

Ok, he was elected in 2006 so he's good to go for 4 more years... - Meh 2008-10-06 14:14:12 (20 views)

100% of the House of Rep is up for election. They ALL serve 2 year terms. - Bob58 2008-10-06 14:20:51 (18 views)

homophobic remarks like that are exactly why he will never be held accountable for his - pgh_audi 2008-10-06 13:43:03 (36 views)

The homophobic label was contrived by the P.C. police... - audimafiaoso 2008-10-06 16:04:01 (24 views)

Agreed. - Gumbo 2008-10-06 14:31:08 (3 views)

huh? what's your point? - pgh_audi 2008-10-06 12:41:47 (6 views)

His point is Frank has nothing to do with the Minority loan debacle.. - audimafiaoso 2008-10-06 12:47:00 (25 views)

"I want to roll the dice a little bit more in this situation towards subsidized housing..." -Barney - pgh_audi 2008-10-06 12:54:16 (3 views)

if that's his point he's wrong. Frank et al pushed Fannie/Freddie to buy more risky loans - pgh_audi 2008-10-06 12:51:51 (15 views)

It's amazing that Barney was part of the minority party from 1994-2006 - xtreetoes 2008-10-06 14:28:15 (19 views)

New York Times, SNL and even Alec Baldwin recognize Frank was neck deep in this. . . - pgh_audi 2008-10-06 14:41:05 (13 views)

a minority member has shvt for power. Anyway fanny and freddie - xtreetoes 2008-10-06 14:51:06 (15 views)

I see that the respite from you acting like a complete idiot was, expectedly, brief. - Bob58 2008-10-06 14:55:40 (9 views)

The only idiots are the ones that think Barney in the minority had - xtreetoes 2008-10-06 15:18:24 (14 views)

Yet again you demonstrate that you have NO IDEA how congress works. - Bob58 2008-10-06 15:23:19 (16 views)

I know how congress works just fine. In the house you only need - xtreetoes 2008-10-06 15:43:23 (15 views)

Toes, you think the House and Senate are two parts of our 3-part separation of powers. FAIL! - JimR 2008-10-07 04:54:54 (5 views)

If Barney couldnt get anything done, he could have resigned in protest. Thats what Palin did. - tboned-BYtheCRA 2008-10-06 21:27:55 (8 views)

Rep Frank is a very powerful, and key member of the HoR and has been for a long time. - Bob58 2008-10-06 14:39:49 (2 views)

Exactly. F/F got those loans off of people like Countrywide's books. - JimR 2008-10-06 13:11:43 (3 views)

True - audimafiaoso 2008-10-06 12:59:18 (2 views)

Yes he does - audimafiaoso 2008-10-06 12:37:44 (37 views)

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