On Oct 2, 6:45*am, Dave wrote:

- - wrote:
- - Five years ago, Barney Frank vouched for the
- - "soundness" of Fannie Mae and Freddie Mac,
- - and said "I do not see" any "possibility of serious
- - financial losses to the treasury."

- Five years ago they were solvent.

Dave - Another Democrat Lie and Liberal Distortion

D'Oh! - Because they were Cooking the Books
http://veerright.wordpress.com/2008/09/16/714/
* 1998 to 2004
* Franklin Raines Clinton Administration
* Corrupt Accounting Practices
http://politicalcalculations.blogspo...ing-books.html
* 19 Times Bigger than Enron
http://www.businessandmedia.org/prin...716164710.aspx
* Protected by Powerful Democrat Politicians
* * Barney Frank [D-MA]
http://en.wikipedia.org/wiki/Barney_Frank
* * Chris Dodd [C-CT]
http://en.wikipedia.org/wiki/Christopher_Dodd