Tuesday, October 07, 2008

Barney Frank Plays the Race Card to Deflect Criticism?

Barney Frank (D-MA), who has his fingerprints on the Freddie Mac/Fannie Mae fiasco going back to the 1990’s, is now crying “Race”, as Republicans and some in the media connect the dots as to who is at fault over the nation’s financial woes. Yesterday Frank said that the Republicans were racists because they were questioning the Democrats over the nation’s housing crisis. He has got to be kidding.

Although Frank has been in the national spotlight for many years, one thing that he has benefitted from is a virtual pass by those outside of the State of Massachusetts. From the Massachusetts Press: A Boston Globe editorial entitled ”Frank’s Fingerprints Are All Over the Financial Fiasco”,outlining Frank’s involvement, and ”Frank Taking Rare Heat Back in the District” are but two articles that indict Frank both by the paper’s staff ( the Globe is not known to be a “Conservative Press”), as well as by the by Massachusetts residents condemning the Congressman (see comments).

Frank, in the 1990’s sat on the banking committee while his former boyfriend, Herb Moses, was in charge of Fannie Mae; Frank defended and deflected every single attempt at legislating those financial entities beginning in the 1990’s, but now conveniently recalls only 2007 forward when he was Chair of the House Committee? Democrats Were Wrong on Fannie Mae and Freddie Mac” outlines a bit more of Frank’s shenanigans, while Business and Media article “Media mum on Barney Frank’s Fannie Mae Love Connection” notes that the mainstream media stopped writing articles regarding Frank and Moses back in 2005, because they had a break-up, yet, the media failed to cover the connection that results in a conflict of interest that is criminal in that Frank turned his back on his country in his own self-interest.

What is an embattled Democrat to do? Cry Race? Deflect the criticism away from himself and his Party. Will it work? Doubtful. Barney Frank Housing Scandal is up to 387,000 Google Searches, many of which are coming out of Massachusetts if blog tracking tools are any indication. Frank, is, ironically, leading the investigations in the house (not a joke), should be investigated, indicted and imprisoned for his part in this great debacle. Those Democrats (and the very few Republicans) who knowingly looked the other way while taking kickbacks from both Freddie and Fannie should pay the price – and be held accountable to the American people.

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