The estimable Barney Frank, Democratic chairman of the House Financial Services Committee, told me on last night’s Kudlow Report that he opposes any more government housing stimulus. He also said he favors putting an end to Fannie and Freddie, as soon as the market can bear it. I say bravo.
Too bad Barney Frank didn't come to this epiphany back in 2005 when it might have mattered.
Reply to this commentLinkReport AbuseAnd if Stephen Spruiell is right, this is just a smokescreen - Frank et al simply plan to create new GSEs to take Freddie and Fannie's place.
Reply to this commentLinkReport AbuseI call total BS on BF. McCain has been pandering to win as well. Vote him out now!
Reply to this commentLinkReport Abuse