Barney Frank, chairman of the House Financial Services Committee, was once romantically involved with an executive at Fannie Mae. The man's name is Herb Moses and he was the boyfriend of openly gay Representative Frank of Massachusetts. Frank's committee is the sole oversight of the industry. His lover was responsible for introducing and developing new initiatives for borrowers. Barney Frank has received more than $40,000 in campaign contributions from Fannie Mae since 1989. Meanwhile, Frank fed the pig that Fannie had become with more programs to lure in borrowers that couldn't afford the mortgage. Just when you thought we had hit the bottom, Dems pull out the shovel and keep digging.
Here is the link if you want to read the ugly details for yourself http://www.businessandmedia.org/printer/2008/20080924145932.aspx
Friday, September 26, 2008
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