Shocking, I know, but what else are they going to do at this point? Whether they admit it or not, they know that they are the leaders in destroying the US economy and will be blamed for this for decades. Lying and dodging responsibility is what they do. More from Media Matters:
During the February 18 edition of Fox News' The O'Reilly Factor, Fox News contributor Karl Rove falsely asserted that Rep. Barney Frank (D-MA) "was one of the more prominent opponents of [housing] reform in 2004 and 2005." In fact, Frank supported efforts to enhance regulatory oversight on mortgage brokers Fannie Mae and Freddie Mac in 2005, and he has long championed policies that emphasize low-income home rentals as opposed to homeownership.
As Media Matters for America has documented, Frank has supported efforts to strengthen regulatory oversight on Fannie and Freddie. In 2005, Frank, then the ranking Democrat on the House Financial Services Committee, worked with then-committee chairman Michael Oxley (R-OH) on the Federal Housing Finance Reform Act of 2005, which would have established the Federal Housing Finance Agency (FHFA) to replace the Office of Federal Housing Enterprise Oversight (OFHEO) as overseer of the activities of Fannie Mae and Freddie Mac. After voting for the bill in committee, Frank voted against final passage of the bill on the House floor, stating that he was doing so because an amendment to the bill on the House floor imposed restrictions on the kinds of nonprofit organizations that could receive funding under the bill.
