[Uncle Miltie]

Why did Congress allow Fannie Mae to “relax lending standards so as to make it easier for poor and minority borrowers to get mortgages”? (WSJ, 10/08/08, P.A16 “Barney Breaks It Down”)

Barney Frank’s House Banking Committee in the 1990s had jurisdiction over Fannie Mae. Herb Moses, an Assistant Director for Fannie Mae at the time, reminded the Washington Post that, “Barney always introduces me as his lover.”

Congress’s relaxed standards for Fannie Mae could be due to Barney Frank’s blatant conflict of interest and failure to curb the reckless business his lover directed.

[Notwithstanding]

Barney Frank’s Fannie Mae executive gay lover for 10 years is now apparently a gay porn film actor.

Honest to goodness. The evidence is pretty undeniable (this is not a joke):

http://www.freerepublic.com/focus/news/2094109/posts?page=87#87

[E=MC2]

Why did Congress allow require Fannie Mae to “relax lending standards

Fixed.