In digging around for answers on the specific origins of this mortgage crisis (the overall origin is easy: Democrats), I stumbled on a couple of things I didn’t know. I was surprised to find out first that Barney Frank (Buddy Hackett’s love child) is gay, and second that he had a homosexual “lover”, Herb Moses, who was an executive at Fannie Mae during Frank’s years overseeing Freddie/Fannie. (By the way, said “lover” made millions of dollars at Fannie during that time and subsequent compensation. It sickens the mind and heart.)
Can you think of a worse conflict of interest? It’s one thing to do it on a small scale, like on a city council where only some stand to lose. That’s worthy of prison and a boot to the head. But when you’re writing laws to help, and blocking laws to regulate, your boyfriend’s company — and when those actions and positions eventually contribute to the instability of the entire American economy (and we see the economies of the world at large, as a result), you don’t need to be fired. You need to be in prison, forever. And in Barney’s case a women’s prison, because a men’s prison would just be a resort.
On this point Pelosi is 100% as responsible as Frank for defending him. Massachusetts and California should be ashamed of their foolish and embarrassing bureaucrats.
”It’s absolutely a conflict. He was voting on Fannie Mae at a time when he was involved with a Fannie Mae executive. How is that not germane?…. If this had been his ex-wife and he was Republican, I would bet every penny I have – or at least what’s not in the stock market – that this would be considered germane. But everybody wants to avoid it because he’s gay. It’s the quintessential double standard.”
— Dan Gainor, vice president of the Business & Media Institute and a T. Boone Pickens Fellow
”C’mon, he writes housing and banking laws and his boyfriend is a top exec at a firm that stands to gain from those laws? No media ever takes note? Imagine what would happen if Frank’s political affiliation was R instead of D? Imagine what the media would say if [GOP former] Chairman [Mike] Oxley’s wife or [GOP presidential nominee John] McCain’s wife was a top exec at Fannie for a decade while they wrote the nation’s housing and banking laws.”
— An anonymous ‘top GOP aide.’