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Monday, March 16, 2009

Barney Frank at it again blaming President Bush


On Fox News Sunday with Chris Wallace, Barney Frank was asked a simple question about the economic down turn and he was very quick to blame the mortgage crisis on President Bush, why does fox news keep inviting this pathetic loser on the show. You can never understand him and all he does is blame everyone else for the economic ills of the countries problems so again, I provide a copy of the News article dated back in 1999 under the Clintons administration not Bush, he took office in January 2001. This article talks about the Clinton admintration along with Eric Holder, and Fannie Mae Corporation wanting to ease credit requirements. I would hate to upset you idiot liberal democrats but there was no mention of President Bush, Vice President or any other cabinet official in the Bush White House linked to this story. However, President Obama's current Attorney General was in charge of Fannie Mae as chairman and chief executive officer. "He stated Fannie Mae, the nation's biggest underwriter of home mortgages, does not lend money directly to consumers. Instead, it purchases loan programs that banks make on what is called the secondary market. By expanding the type of loans that it will buy, Fannie Mae is hoping to spur banks to make more loans to people with less-than-stellar credit ratings". Really Now.



For you left wing nut jobs out there, the evidence is out there if you really want to know the truth. You can't keep blaming Bush for everything that goes wrong in this country; the policies being put into place today by the current President are the same socialist policies put into place by the Clinton administration who was in power for 8 long years. You can say what you want about President Bush, but this man kept us safe for 8 years after 911, and by the way September 11th, happened in 2001. 9 months after President Bush took office having to work with a Military and Intelligence system that was not adequate enough in protecting our country from foreign aggression. Lets count how many times our country was attacked under the Clinton administration.

Fannie Mae Eases Credit To Aid Mortgage Lending Sept 30, 1999

http://anthonylandaeta.blogspot.com/2008/09/fannie-mae-eases-credit-to-aid-mortgage.html

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