The news that Barney Frank (D), Chair of the House Finance Committee,
has decided to not run for re-election is very gratifying to me.
He was a total insider and never admitted his role in the Fannie/Freddie disasters.
He was in charge of oversight and was caught completely flat-footed when it all went down.
He was linked to many a scandal including numerous lending institutions, his "special loans" with countrywide and also his admitted affair with a 17 year old page.
He is simply one of the entrenched professional politicians of which there are far too many in both parties still in Wash. IMO, his leaving is a good start at cleaning house.
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"like strapping a pillow on a bull in a china shop" Bullitt
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