It's like it came out of The Onion, but no, the demokrats are asking for Fannie and Freddie to go back to relaxed borrowing standards. I'd rather have governors flying off to mysterious south america trips than have our demokrat overlords put us back in a new credit mess.
Barney Frank and Rep Weiner. haha. Franks and Weiners. Gay House member teamed with Rep Weiner.
http://www.reuters.com/article/GCA-Housing/idUSTRE55L39120090622
"(Reuters) - Two U.S. Democratic lawmakers want Fannie Mae and Freddie Mac to relax recently tightened standards for mortgages...In a letter to the CEO's of both companies, Representatives Barney Frank, the chairman of the House Financial Services Committee, and Anthony Weiner warned that a 70 percent sales threshold "may be too onerous" and could lead condo buyers to shun new developments, according to the paper."