Larry Kudlow got this out of Barney Frank:
“I hope by next year we’ll have abolished Fannie and Freddie,” he said. Remarkable. And he went on to say that “it was a great mistake to push lower-income people into housing they couldn’t afford and couldn’t really handle once they had it.” He then added, “I had been too sanguine about Fannie and Freddie.”
If only we could get more leftists to realize that the policies they push in order to “help” the poor and underprivileged more often than not end up hurting everyone – especially the poor and underprivileged that the left claims to care about so much. In the meantime, let’s enjoy this moment of sunshine from one of the worst members of Congress who will no doubt try to walk this back at some point when it’s politically convenient.