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Frank relentlessly defended Fannie Mae and Freddie Mac, the “government sponsored entities” at the center of the housing meltdown. National Review editorialized: “It is as a champion of a different kind of pay-for-play operation, Fannie Mae and Freddie Mac, that the congressman did the most damage to the country.” Economist Thomas Sowell wrote last year, “No one contributed more to the policies behind the housing boom and bust, which led to the economic disaster we are now in, than Congressman Barney Frank.”
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