Butt buddies cause financial crisis

Can you believe this barney frank and herb moses, 2 butt buddies have caused the present financial crisis...a couple of queers it figures.

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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:Lawmaker Accused of Fannie Mae Conflict of Interest


"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.

The two lived together in a Washington home until they broke up in 1998, a few months after Moses ended his seven-year tenure at Fannie Mae, where he was the assistant director of product initiatives. According to National Mortgage News, Moses "helped develop many of Fannie Mae’s affordable housing and home improvement lending programs."