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Is Barney Frank in trouble in his district? Definitely generating some WTF comments, this denizon of the House who was the #1 apologist for Fannie Mae and Freddie Mac and refused to allow anything that would puncture that bubble early and thus head off the late 2008 ecnomic collapse. . .now he says??????. . . .
WASHINGTON | Wed Aug 18, 2010 6:25am EDT
WASHINGTON (Reuters) - Fannie Mae and Freddie Mac should be abolished rather than reformed as part of the Obama administration's planned overhaul of the government's role in housing finance, Rep. Barney Frank, chairman of the House Financial Services committee, said on Tuesday.
Democrat Frank says abolish Freddie and Fannie: report | Reuters