Barney Frank's Fannie Mae Love Connection.....

Discussion in 'Politics' started by Bro. Curtis, Sep 25, 2008.

  1. Bro. Curtis

    Bro. Curtis
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    Are journalists playing favorites with some of the key political figures involved with regulatory oversight of U.S. financial markets?
    MSNBC’s Chris Matthews launched several vitriolic attacks on the Republican Party on his Sept. 17, 2008, show, suggesting blame for Wall Street problems should be focused in a partisan way. However, he and other media have failed to thoroughly examine the Democratic side of the blame game.

    Prominent Democrats ran Fannie Mae, the same government-sponsored enterprise (GSE) that donated campaign cash to top Democrats. And one of Fannie Mae’s main defenders in the House – Rep. Barney Frank, D-Mass., a recipient of more than $40,000 in campaign donations from Fannie since 1989 – was once romantically involved with a Fannie Mae executive.


    The media coverage of Frank’s coziness with Fannie Mae and his pro-Fannie Mae stances has been lacking. Of the eight appearances Frank made on the three broadcasts networks between Jan. 1, 2008, and Sept. 21, 2008, none of his comments dealt with the potential conflicts of interest. Only six of the appearances dealt with the economy in general and two of those appearances, including an April 6, 2008 appearance on CBS’s “60 Minutes” were about his opposition to a manned mission to Mars.

    Frank has argued that family life “should be fair game for campaign discussion,” wrote the Associated Press on Sept. 2. The comment was in reference to GOP vice presidential nominee Sarah Palin and her pregnant daughter. “They’re the ones that made an issue of her family,” the Massachusetts Democrat said to the AP.

    The news media have covered the relationship in the past, but there have been no mentions since 2005, according to Nexis and despite the collapse of Fannie Mae. The July 3, 1998, Reliable Source column in The Washington Post reported Frank, who is openly gay, had a relationship with Herb Moses, an executive for the now-government controlled Fannie Mae. The column revealed the two had split up at the time but also said Frank was referring to Moses as his “spouse.” Another Washington Post report said Frank called Moses his “lover” and that the two were “still friends” after the breakup.....



    http://www.businessandmedia.org/printer/2008/20080924145932.aspx



    Gag.





     
  2. carpro

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    That explains a lot.

    He's not just stupid, he's in love.:BangHead:
     
  3. Bible-boy

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    Just Yuck!:BangHead:
     
  4. Bro. Curtis

    Bro. Curtis
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    Where's the troopergaters ? The Palin haters ? We have an actual criminal on the bank board. Is this OK with you guys ?
     
  5. JustChristian

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    What criminal. Besides, this activity occurred before the great majority of the subprime loans were originated which was on Bush's watch. accept it. Bush failed to provide adequate oversight of these financial transactions.
     
  6. Bro. Curtis

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    So it's OK to have this conflict of interest ? Are you so dishonest you will downplay his crimes ? Have you absolutely no shame ?



    Still wanna play ?
     
  7. LeBuick

    LeBuick
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    Which campaign is Franks running?


    Which ticket is he on?

    Are we just to pick out any member of the party?
     
  8. Bro. Curtis

    Bro. Curtis
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    So he shouldn't even be considered as dirty, possibly corrupt, and just given a free pass so the partisan hacks can blame it all on Bush ?


    You aren't that dishonest, LeBuick. I think you see a conflict of interest that would have the Palin haters frothing if it was her this news covered. You'll admit that much, won't you ?
     
  9. LeBuick

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    I'm not saying Franks should get a free pass, just that he isn't running for veep.

    Yes, Franks is a bad boy but keep in mind, there are republicans just as guilty.

    You ever see this article about McCain?
     
  10. Bro. Curtis

    Bro. Curtis
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    Yup. And that is an excellent reason to be cautious about the guy, isn't it ? But is he a seller of young men ? Did he give that girl a high-salary job at a nice bank, and fight every attempt to see if she was doing her job efficiently ?

    Remember, you're honest.....
     
  11. LeBuick

    LeBuick
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    My point was there are not too many on the Hill who is without sin...

    But if we find one, we'll let them toss the first rock. :thumbs:
     

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