Wallison of course lies throughout this piece, often by commission, but also by omission. For instance, he implies that Barney Frank was somehow behind the growing problems, but he doesn't note that Congressman Frank was no more than the Ranking Member of the Financial Services Committee between 1995 and 2007. How did he manage to sneak all his stuff past a Republican committee, past a Republcian chairman, past a Republican Speaker, past a Republican House, and after 2000, past a Republican President? How did he do that? Wallison doesn't explain how that could have happened because he's hoping to be able to tiptoe around the simple absurdity of his suggestions. He knows quite well how phony they are -- he just doesn't want YOU to. That's what makes a person a propagandist.