A bit of friendly advice

For Mrs. Nancy Pelosi:

Before you go offering flat denials of the responsibility of your party in this banking mess, you might want to check the records concerning what was being said by your party members in the halls of Congress

Among the groups denouncing the proposal today were the National Association of Home Builders and Congressional Democrats who fear that tighter regulation of the companies could sharply reduce their commitment to financing low-income and affordable housing.”These two entities — Fannie Mae and Freddie Mac — are not facing any kind of financial crisis,” said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ”The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.”

Representative Melvin L. Watt, Democrat of North Carolina, agreed.

”I don’t see much other than a shell game going on here, moving something from one agency to another and in the process weakening the bargaining power of poorer families and their ability to get affordable housing,” Mr. Watt said.
If you hit the link you’ll see that they were responding to the Bush Administration’s attempts to pull on the reigns of the FM twins back in 2003.

There. Now no one can say that I’ve never done anything nice for her.