Barney Frank actually said...

They should be banned; and I believe if this Committee doesn't do it, it will be done by the SEC.

Frank argues for banning naked credit default swaps to prevent moral hazard.

02/02/2009

More Barney Frank Quotes

Fannie Mae and Freddie Mac do very good work, and they are not endangering the fiscal health of this country.

Protection and advocacy Agencies, which are Federally funded entities charged with enforcing the rights of persons with disabilities.

It was a great mistake to push lower income people into housing they couldn't afford and couldn't really handle once they had it.

We should have made it much higher, $125 billion or more, and we should have indexed it.