On the recordFebruary 14, 2011
An absence of funding will make all of this invalid.
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congress.gov“An absence of funding will make all of this invalid.”
Frank warns that without proper funding, regulatory efforts will fail.
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One thing that not only Barney Frank, Ms. Barnes and also Sandra Day O'Connor, Justice O'Connor agreed on is that that Kelo decision stripped those three words out of the Fifth Amendment, 'for public use.'
We should have made it much higher, $125 billion or more, and we should have indexed it.
Fannie Mae and Freddie Mac do very good work, and they are not endangering the fiscal health of this country.
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