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Cavuto was speechless - OR - led him into a bear trap.

Remember this?

I think this is a case where Fannie and Freddie are fundamentally sound, that they are not in danger of going under. They’re not the best investments these days from the long-term standpoint going back. I think they are in good shape going forward. - Barney Frank on CNBC; July 14, 2008

1 posted on 08/17/2010 10:02:06 PM PDT by jessduntno
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To: jessduntno
Sorry. Forgot to format the Frank quote that seems to contradict EVERYTHING he said in the interview:

"I think this is a case where Fannie and Freddie are fundamentally sound, that they are not in danger of going under. They’re not the best investments these days from the long-term standpoint going back. I think they are in good shape going forward." - Barney Frank on CNBC; July 14, 2008

2 posted on 08/17/2010 10:04:42 PM PDT by jessduntno (Is Barack the Kenyan word for barracks? You know, a place where many men are lodged?)
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To: jessduntno
If only we had a cohesive political party to counter attack ... the door is open.

------------------------------

I hear you brother.

How the Community Redevelopment Act and how Fannie Mae and Freddie Mac were administered set the stage for the sub-prime melt-down. Dems pushed their social engineering policies on the mortgage markets and ruined the financial system.

Welcome to Marx-o-nomics.

WAKE UP AMERICA



Blessed are the young, for they will inherit the national debt.

3 posted on 08/17/2010 10:14:57 PM PDT by BobP (The piss-stream media - Never to be watched again in my house)
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To: jessduntno

He’s actually sounding sane! Obviously, unlike Dumb’O, he can read polls!!


4 posted on 08/17/2010 10:16:39 PM PDT by aquila48
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To: jessduntno

He realizes that with the new Congress, the criminal investigation of him, Raines, Gorelick and the other insider Democrats that controlled Fannie and Freddie will begin. He’s trying to distance himself from indictment.


7 posted on 08/18/2010 1:05:34 AM PDT by kaehurowing
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