Name a single GSE reform bill Barney Frank blocked or expose yourself as a lunatic rightie...
You should know, or you are like most Progressives, extremely accomplished at living in denial that Barney Frank and Chris Dodd were responsible for many of the changes forced on Fannie and Freddie. Barney and Chris forced regulation changes on Fannie and Freddie which required they increase the percentage of sub-prime, ie high risk, loans in their portfolios.
By doing so, that required that all standards be lowered for all loans. That also led to the "no doc" or "liar" loans. The INTENT (Progressives always cloak their loonie ideas in,,,IT MAKES US FEEL GOOD) terminology. Common sense has no place among Progressives.
Democrats actions leading to Mortgage Collapse B.B.
From New York Times
Fannie Mae Eases Credit To Aid Mortgage Lending
Fannie Mae Eases Credit To Aid Mortgage Lending
From Bloomberg News
How the Democrats Created the Financial Crisis
http://www.bloomberg.com/apps/news?pid=newsarchive&refer=columnist_hassett&sid=aSKSoiNbnQY0
The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs, ie Fannie, Freddie etc.)
Just the Facts: The Administration's Unheeded Warnings About the Systemic Risk Posed by the GSEs
Timeline shows Bush, McCain warning Democrats of Financial Crisis; Meltdown
The Wall Street Journal Barney’s Rubble
Barney's Rubble