We need to be reminded that every time someone tried to stop the expansion of the GSE’s and to try to prevent an expanding housing bubble Chris Dodd or Barney Frank stood up and said there was no reason to worry.
They were wrong. But why have they not paid for the mistake?
http://biggovernment.com/jdunetz/2010/08/11/blame-barney-frank-for-the-recession-not-george-bush/
Author
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Steve is a long-time New Hampshire resident, blogger, and a member of the Board of directors of The 603 Alliance. He is the owner of Grok Media LLC and the Managing Editor of GraniteGrok.com, a former board member of the Republican Liberty Caucus of New Hampshire, and a past contributor to the Franklin Center for Public Policy.