From the Wall Street Journal (subscription site):
Barney Frank has been all over the airwaves this week with a clear and—we never thought we’d say this—perfectly sound message about Fannie Mae and Freddie Mac: “They should be abolished.”
Considering that Frank has been one of the principal backers and beneficiaries of the so-called government-sponsored enterprises, this is indeed good news.
Doesn’t Frank also join Ron Paul in calling for an audit of the Fed? What’s going on?
