Barney Did "Cook the Books" -- Here's How

I have to admit that I'm puzzled by one of your recent columns accusing me of a “cheap shot” on Barney Frank.

You said: “So today, Bielat is out with a press release announcing that Barney Frank 'cooked the books' for House Financial Services Committee member Maxine Waters but he offers no fair-minded evidence that that was the case.”

I know you're an intelligent man, and even the smartest of us make mistakes. So let's go look again at the evidence, shall we?

Last week, The Washington Post broke the story that OneUnited Bank received special treatment from Rep. Barney Frank that resulted in a $12 million taxpayer-funded bailout that they did not deserve.............

Freddy/Fannie are the key criminal mechanisms of the criminal enterprise that is the Democrat party.

BWANEY FRANK AFTER THE HOUSING DEBACLE He now blames Republicans for the failure of Fannie and Freddie, when he spent years blocking GOP lawmakers from imposing tougher regulations on the mortgage giants.

In 1991, the year his live-in boyfriend, Herb Moses, was hired by Fannie, the Boston Globe reported that Frank pushed the agency to loosen regulations on mortgages for two-and-three-family homes, even though they were defaulting at twice and five times the rate of single homes, respectively.

Three years later, President Clinton’s HUD tried to impose a new regulation on Fannie, but was thwarted by Frank.

Clinton now blames such Democrats for planting the seeds of today’s economic crisis. ‘I think the responsibility that the Democrats have may rest more in resisting any efforts by Republicans in the Congress or by me when I was president, to put some standards and tighten up a little on Fannie Mae and Freddie Mac,’ Clinton said recently.”

USE THIS LINK TO DONATE:

http://seanbielat.org/blog/2010-09-21/barney-did-cook-books-heres-how

there’s a ‘donate now’ button to the right of the page...

(the other link I posted takes you to a generic server......)

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.