Wednesday, June 24, 2009

Housing Collapse II

Just like he caused the first collapse, Ole Barney is up for it again.

Here we go again! Barney Frank asks FANNIE and FREDDIE to relax Mortgage lending rules...

I guess real estate has left a sour taste in his mouth.

UPDATE: The Taxman has more on Frank and lax standards which are two things that fit together.

Deja Vu all over again