Tag Archives: Barney Frank

Barney Frank Throws in the Towel

Barney FrankBarney is calling it quits.¬†He’s had enough.

What a coincidence. So have his congressional peers.

This guy always seemed a little sour but from what I’ve heard over the course of the morning.

His failures in congressional oversight of Fannie/Freddie is said to be at the root of failure for these programs.

Bill Wilson ,¬†Americans for Limited Government President, stated that Frank ignored all warning signs of Fannie and Freddie’s impending fall, defending the government sponsored enterprises even when he was well aware of the undercapitalization that was required for the loans they guaranteed.

“Frank leaves behind a disastrous record that will have consequences for years if not decades to come. His departure comes about 20 years too late,” Wilson said. “To his departure, American taxpayers say good riddance.”

Here, here.

I wonder if this is a photo of Barney Frank in his true comfort zone.