Barney Frank is right!

It is not every day that I get to say that.

But I have a strange new respect for Mr. Frank, who suddenly has come out in favor of abolishing the twin boondoggles known as Fannie Mae and Freddie Mac. “Well, praise be,” says the Wall Street Journal.

Frank was a defender of Fannie and Freddie back during the Bush administration, when the two miscreants were put into conservatorship.  But he has grown. Here is the Wall Street Journal’s op-ed.