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Last Refuge of a Scoundrel
Power Line — Barney Frank is as responsible as anyone for the current credit crisis, having run interference for Freddy Mac and Fannie Mae's disastrous policies for years. Having now, finally, come under criticism for his role in the Fanny/Freddy/subprime fiasco, Frank has resorted to the most contemptible of dodges: Rep. Barney Frank said Monday that Republican criticism of Democrats over the nation's housing crisis is a veiled attack on the poor that's racially motivated. The Massachusetts Democrat, chairman of the House Financial Services Committee, said the GOP is appealing to its ...

Barney Frank Says Race a Factor in Subprime Blame Game
Political Punch — Previous | Main Barney Frank Says Race a Factor in Subprime Blame Game October 07, 2008 10:00 AM The Chairman of the House Financial Services Committee, Rep. Barney Frank, D-Mass., yesterday said Republicans are misplacing blame when they target Democrats' efforts to expand affordable housing -- and Frank alleged there was a racial component to the criticism."They get to take things out on poor people," Frank said at a mortgage foreclosure symposium, as reported by the Associated Press's Glenn Johnson . "Let's be honest: The fact that some of the poor people are black doesn't hurt them either, from their standpoint. This is an ...

Having Been Screwed By Fannie Mae, Barney Frank Now Plays the Race Card
RedState: Conservative News and Community — Let's recap: Barney Frank gets screwed by a Fannie Mae executive quite literally. Yep. You got me. After enjoying it so much, Frank then decided the nation needed to experience what had happened to him. Only the nation didn't like it so much. Collectively, we don't swing that way. Now, of course, we have the mortgage crisis. This is all related to Frank turning the other way while Fannie Mae and Freddie Mac did their deed on the nation. Today, hoping to distract the media from the orgy of homownership problems caused by Frank, Fannie, and Freddie (yeah, the typo is me having some fun at Barney's expense), Barney has thrown ...

The Daily Racism Debate
The Atlantic Politics Channel — Item: A Palin crowd is whipped into a frenzy; a racial epithet is shouted at a black cameraman, who is then told to "Sit down, boy."  Seriously. Item: Barney Frank accuses Republicans of racism for criticizing the bailout package. Had it not been for the Community Reinvestment Act and the cheap mortgages provided by Fannie and Freddie, a lot of poor, black people wouldn't have homes. But a lot of poor white people wouldn't have homes either. So it's classist, more than racist, if it', indeed, is motivated by prejudice at all. At the same time, it might speak to the recklessness ...

Democrat Lawmaker Covers his Corruption, Plays the Race Card
Say Anything — Democrat Congressman Barney Frank, who heads the powerful House Financial Services Committee, and a “friend of Angelo,” has accused Republicans who cite the Community Reinvestment Act as a contributing factor in the nation’s current mortgage finance crisis of racial bias in their criticism.  From AP: The Massachusetts Democrat, chairman of the House Financial Services Committee, said the GOP is appealing to its base by blaming the country’s mortgage foreclosure problem on efforts to expand affordable housing through the Community Reinvestment Act. He said that blame is misplaced, because those loans are ...

Barney Frank: Republicans Are Racist For Opposing Bailout
Say Anything — Yes.  Racist.  Because, you see, a lot of poor black people wouldn’t have homes if it weren’t for the government forcing lenders to give them mortgages. BOSTON (AP) - Rep. Barney Frank said Monday that Republican criticism of Democrats over the nation’s housing crisis is a veiled attack on the poor that’s racially motivated. The Massachusetts Democrat, chairman of the House Financial Services Committee, said the GOP is appealing to its base by blaming the country’s mortgage foreclosure problem on efforts to expand affordable housing through the Community Reinvestment ...

The Race-On-The Brain Delusional Dems
Discriminations — ... No, that was not in a Saturday Night Live skit; it was in what was to all intents and purposes a real Associated Press article. Now, showing that Democratic leaders refuse to be beaten in the race to say the most inane things, Fannie/Freddie protector, Chairman Barney Frank, outdoes even the AP by claiming that Republican criticism of his and other Democrat’s blocking Republican-sponsored measures to rein in Fannie and Freddie over the years “is a veiled attack on the poor that's racially motivated.” ...

Still Waiting for ‘Straight Talk’ on the Fiscal Mess
Pajamas Media — Time is running out for John McCain to expose the real causes of the subprime meltdown. [image] As fate would have it, the 2008 presidential campaign is turning not on whether the war in Iraq is yielding better results thanks to the success of the John McCain-backed surge, but on the root causes of a massive financial meltdown that has led to global bank runs, failing companies, and a blank-check bailout plan that will end up costing U.S. taxpayers more than a trillion bucks. It’s at this point that supporters of the free market — surely there are plenty of us left — who desperately want the Republican candidates to make a sophisticated argument about what ...