Vic
Elite Member
Originally posted by: DLeRium
Barney Frank is awesome
O'Reilly was completely fabricating the facts there, as has been proven dozens of times over. Fannie and Freddie did not make the subprime loans that caused the housing bubble. Nor would the law proposed in 2005 have done anything to stop the crisis or their collapse. On top of all that, less than a month before this exchange between O'Reilly and Frank, and right before Fannie/Freddie collapsed, Hannity was having similar on-air fights with 'liberals' that the economy was still rosy and that F&F would never collapse.
IOW, 'conservative' pundits only have good eyesight in hindsight, and even that only by changing the facts. What makes this all the more silly is that everyone and his ugly dog know that the Republicans spent the entire Bush admin shouting down any and all warnings of a potential housing bubble and/or economic collapse.
I rest my case to my post above.