Barney Frank…newest right wing nut job…
“There were people in this society who for economic and, frankly, social reasons can’t and shouldn’t be homeowners,” Frank said. “I think we should, particularly, stop this assumption that you put everybody into homeownership.”
“Public policy has been too much to try to push people into homeownership.”
Sounds like racist tea party speak to me!
Flashback to 03 in reaction to the White House pushing for reform…
”These two entities — Fannie Mae and Freddie Mac — are not facing any kind of financial crisis,” said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ”The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.”