Barney Frank haunted by 2003 remarks on lenders ("I was wrong on both counts.")

UPI ^ | 10/14/10

[kennyboy509]

HOO YAAA!!!

[Republican Wildcat]

It wasn’t just in 2003 - here he is again in 2004:

http://www.youtube.com/watch?v=_MGT_cSi7Rs

[Noob1999]

Gee Bawarney, at post #9, it looks like something left a bad taste in your mouth!!!!!

What could it have been??

[abigailsmybaby]

You can’t see his face from the homo position.

[abigailsmybaby]

I’m skeptical. It is Masshole after all. Alas, after getting a Republican post Kennedy I just don’t expect lightening to strike twice.

[BobP]

[carcraft]

The other shoe is the fact that Fannie and Freddie were not included in the financial reform package and we are still on the hook for billions of dollars..A great ad would be wrong then wrong now, cost to the tax payers $BILLIONS$

[Right Wing Assault]

how can the economy fail?If it gets AIDS.

[Seattle Conservative]

“He said he was defending Fannie and Freddie because he was afraid the Bush administration wanted to shut them down.”

“Both President Bill Clinton and his successor, George W. Bush, had pushed Fannie and Freddie to expand acquisition of mortgages to expand home ownership.”

I’m not sure either of these statements are true. While I remember Pres Bush wanting home ownership for many, I also remember various reports in which he and his administration wanted to reform it and warned about the direction it was headed. He and his admin got slammed by the Dims for the warnings.

[econjack]

Exactly. But our politicians don't want to fix those institutions because they can use them to buy votes. That's why Fin-Reg doesn't even mention them...the Dems want to demonize business in general and banks in particular.

[WaterBoard]