We all know that Barney Frank was one of the major people responsible for the mortgage and housing crisis in this country. Reducing qualifications for loans makes mortgage too risky. Now Frank wants to issue legislation that will prevent banks from adding new charges on the bank customers. He believes he is helping people. In fact the complete opposite happens. The banks, knowing they will not be able to increase charges in the future, are therefore raising their charges now before the new laws go into effect. Nice job Barney! and stop wagging your finger at me.
