'But Everybody Wants to Avoid It Because He’s Gay...'

Well, there's no longer any avoiding it. It's demonstrably clear Barney Frank's fingerprints are all over the financial mess, yet the media takes every measure to avoid reality.

Unqualified home buyers were not the only ones who benefitted from Massachusetts Rep. Barney Frank’s efforts to deregulate Fannie Mae throughout the 1990s.

So did Frank’s partner, a Fannie Mae executive at the forefront of the agency’s push to relax lending restrictions.

Now that Fannie Mae is at the epicenter of a financial meltdown that threatens the U.S. economy, some are raising new questions about Frank's relationship with Herb Moses, who was Fannie’s assistant director for product initiatives. Moses worked at the government-sponsored enterprise from 1991 to 1998, while Frank was on the House Banking Committee, which had jurisdiction over Fannie.

Both Frank and Moses assured the Wall Street Journal in 1992 that they took pains to avoid any conflicts of interest. Critics, however, remain skeptical.

"It’s absolutely a conflict," said Dan Gainor, vice president of the Business & Media Institute. "He was voting on Fannie Mae at a time when he was involved with a Fannie Mae executive. How is that not germane?

"If this had been his ex-wife and he was Republican, I would bet every penny I have - or at least what’s not in the stock market - that this would be considered germane," added Gainor, a T. Boone Pickens Fellow. "But everybody wants to avoid it because he’s gay. It’s the quintessential double standard."

A top GOP House aide agreed.

"C’mon, he writes housing and banking laws and his boyfriend is a top exec at a firm that stands to gain from those laws?" the aide told FOX News. "No media ever takes note? Imagine what would happen if Frank’s political affiliation was R instead of D? Imagine what the media would say if [GOP former] Chairman [Mike] Oxley’s wife or [GOP presidential nominee John] McCain’s wife was a top exec at Fannie for a decade while they wrote the nation’s housing and banking laws."

Frank’s office did not immediately respond to requests for comment.

Frank met Moses in 1987, the same year he became the first openly gay member of Congress.

"I am the only member of the congressional gay spouse caucus," Moses wrote in the Washington Post in 1991. Herb Moses

And everyone in the media except Bill Sammon ignores the elephant in the room.

Because he's gay?

What the fuck is going on here? I don't give a shit if he fornicates with purple chickens. We need some accountability. This brazen bastard is out there on television today whooping it up because we, the taxpayers, just bailed his ass out?

If the GOP doesn't get out there now and hammer this one home every fucking second of the rest of this election cycle, they'll never see another goddamn nickel from me.

This shit just cannot stand any longer.

Previously on Frank.

H/T Ace.

Update: Ah, well what do you know, they're on the ball.



Thanks to Instapundit for the link.

Update: It's nice to see some in the gay community demanding Frank's resignation.

Thus, Frank should have stepped down from the Banking Committee in the 1990s. Not only would he have demonstrated integrity as a legislator, but he would also have shown his commitment to treating gay relationships the same as traditional marriage.

Instead, he wanted to have his cake and eat it too. And he still refuses to take any responsibility for the current crisis. And yet another reason why he should resign his position as Chairman of the House Financial Services.

Now, if the rest of the media would demand the same. I won't hold my breath.

Update: More on the media's obfuscation from Gay Patriot.