Strengthening Constitutional Self-Government

No Left Turns

Free Frank with Free Campaign Advice to McCain

Why is Mac letting Barney Frank get away with the claim that he was the champion of regulating Freddie and Fannie? It was, in fact, the leading Democrats who protected those two institutions from alleged Republican prejudices against their good work. McCain should debate--and let Barney have it.

Discussions - 3 Comments

Actually, it was Barney Frank himself who protected Freddie Mac and Fannie Mae from the White House's efforts to better regulate the industry. Frank is a liar of monumental proportions.

Republicans should demand, as a sine qua non to any deal struck, that Barney Frank and Chris Dodd tender their resignations.

My biggest disappointment in last night's debate was that neither candidate, but *especially* McCain, didn't point out Congress' abject failure to rein-in Fannie and Freddie. Completely puzzling. John Fund noted the other night that the bailout plan is a political solution to an economic problem. I'd add that it's also an economic solution to a political problem. Congress (and the Clinton Administration) set the ball in motion, and refuses to 'fess up to its complicity with the banks and borrowers who "caught" Congress' (read: Barney Frank and Chris Dodd) signal and indulged in the wreckless lending and borrowing.

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