Friday, October 03, 2008

DON'T ASK DON'T TELL: Barney Frank's Lover, Herb Moses, Was a Senior Executive at Fannie Mae

Good lord! It's a race to see how dysfunctional our country can get until its complete collapse:

The Chairman of the US House of Representatives Financial Services Committee, Barney Frank, is responsible for oversight of the US mortgage markets administered by government created entities, Fannie Mae and Freddie Mac. Barney's partner and lover, Herb Moses was a senior executive at Fannie Mae:

"C’mon, he writes housing and banking laws and his boyfriend is a top exec at a firm that stands to gain from those laws?" A GOP aide told FOX News. "No media ever takes note? Imagine what would happen if Frank’s political affiliation was R instead of D? Imagine what the media would say if [GOP former] Chairman [Mike] Oxley’s wife or [GOP presidential nominee John] McCain’s wife was a top exec at Fannie for a decade while they wrote the nation’s housing and banking laws."

Frank met Moses in 1987, the same year he became the first openly gay member of Congress. "I am the only member of the congressional gay spouse caucus," Moses wrote in the Washington Post in 1991. "On Capitol Hill, Barney always introduces me as his lover." According to National Mortgage News, Moses "helped develop many of Fannie Mae’s affordable housing and home improvement lending programs."

Of course, such programs led to the mortgage meltdown that prompted last month’s government takeover of Fannie Mae and its financial cousin, Freddie Mac. The giant firms are blamed for spreading bad mortgages throughout the private financial sector and putting the country on the brink of financial meltdown.

Oh yeah, and Frank's background also includes a live-in "partner" who ran a gay prostitution ring out of his apartment.

2 comments:

  1. Why be surprised, after all this is the most ethical Congress ever.

    ReplyDelete
  2. Clean yes, respectful, no.
    He cannot receive respect when he deliberately works to feather his own :nest".
    Thank God for Bill O'reilly,
    he really cleaned that nuts clock.

    ReplyDelete

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