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  • WSJ: Fannie Mae Liberals

    10/14/2004 5:24:09 AM PDT · by OESY · 6 replies · 612+ views
    Wall Street Journal ^ | October 14, 2004 | Editorial
    ...Here's a case of misplaced moral outrage if we've ever seen one. Mr. Franks is mad about the salaries when he really should be mad at the rigged political game that has made them possible. Fannie's regulator, the Office of Federal Housing Enterprise Oversight, has reported that Fannie has been cooking its books. Add that to the increasing evidence that Fannie has been ignoring its mission to provide affordable housing, and we wonder if Mr. Frank doesn't need an eye checkup.... Maxine Waters (D., California) cooed all over Mr. Raines, and Clay Lacy (D., Missouri) played the race card by...