Barney Frank Caught Lying About Fannie Mae

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Uploaded by on Jan 24, 2010

Barney Frank says now that he was never pushing for excessive homeownership, just renting homes, but now he is caught in his lies, as he pushed for home ownership.

In 2005, Frank said that there should be more homeownership and that there was no housing bubble. Now, look at the economy. Because of Fannie Mae and Freddie Mac creating a bubble, under Barney Frank's leadership, the economy is in recession.

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  • I've been a mortgage loan officer for 25 years and this whole real estate mess can be funneled down to one guy, this flaming asshole. His thought proces is not just people who can hold a job and make their monthly payments on time, not just people can save enough money for a down payment on a home, but Everybody should own a home. Fannie and Freddie were constantly loosening their approval guidelines and the banks were only doing what the govt were allowing and ENCOURAGING us to do.

  • bye bye Frank....total train wreck who weakened America.....no guilt or back bone either to say "I made a mistake"....

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  • Frank is a pathological liar

  • end socialism and this would never be an issue in the first place.

  • Another corrupt politician who has been aiding in the destruction of America for years.

  • @Shoobydoo132 Still shouldn't have done it though.

  • Where's the unedited C-Span video? At 0:40 seconds the original footage is clearly edited. Not that I doubt a politician would lie, but in making an argument it'd be nice to have the unaltered source material vs. someone's interpretation of it.

  • Die of AIDS Frank.

  • This faggot piece of liberal scum should be in PRISON!! Now! Of course having a "Bubba"cellmate,would be a treat to this sick fat fuck!

  • The only honest noise that Barney frank ever made on Camera is when he farted and crapped his pants on Rachel Maddow's TV show

  • People can get away with almost anything these days, can't they.. they can say one thing one day, and the complete opposite the next, and still be in the good books of the majority..

  • Good thing he's not running for re-election in 2012 !

    He should worry about seeing the inside of a prison Cell !!!

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