Barney Frank's next bright idea.
"The remedy here is...as I believe this committee will be recommending, abolishing Fannie Mae and Freddie Mac in their current form and coming up with a whole new system of housing finance," said Rep. Barney Frank (D., Mass.), the chairman of the House Financial Services Committee.
If you thought you saw backroom dealing with ObamaCare, you ain't seen nothing.
HT: MoonBattery
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