And this is the man in charge of our financial reform now? (Barney Frank)

Discussion in 'Politics' started by likeabird03, Oct 21, 2011.

  1. likeabird03
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    likeabird03 Active Member

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    Listen to this toad

    June 2005

    [ame=http://www.youtube.com/watch?v=iW5qKYfqALE]Barney Frank in 2005: What Housing Bubble? - YouTube[/ame]
     
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  2. ScienceRocks
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    ScienceRocks Blue dog all the way!

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    People like Barney frank are why we're fucked. True story!
     
  3. likeabird03
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    likeabird03 Active Member

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    Talk about putting the fox in charge of the hen house.
     
  4. JoeB131
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    JoeB131 Diamond Member

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    I'm wondering how Barney seems to weild all this power when his party in the minority.

    I mean, he single handedly caused the housing market collapse, by just being in Congress. Nope. Had nothing to do with the banks, realtors, home-buyers and everyone else who contributed to the Tulip Craze on housing.

    I think he's an awful person, but he's not the bogeyman.
     
  5. likeabird03
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    likeabird03 Active Member

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    You're forgetting about Fannie Mae/Freddie Mac.
     
  6. flacaltenn
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    flacaltenn USMB Mod Staff Member Gold Supporting Member

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    Those are just his comments about 6 months before his party GAINED power. The REAL criminal Barney Frank actions happened during 2007-2008 immediately preceeding the bursting of the bubble. You should hear what he said then when he sent the regulators home for questioning the need to soak up SubPrimes at Fanny and Freddy..

    He SHOULD be impeached and removed from office.

    [ame=http://www.youtube.com/watch?v=BC88oox9TBo]Barney Frank Freddie Fannie Flip - YouTube[/ame]

    [ame=http://www.youtube.com/watch?v=CTbIb75JdwY]Don't Regulate Fannie Mae or Freddy Mac - YouTube[/ame]

    Barney Frank REPEATEDLY promised:

    And so what happened??

    Fannie Mae Freddie Mac | Fannie Mae, Freddie Mac bailouts could hit $363 billion, report says - Los Angeles Times


     
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  7. Rocko
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    Rocko Gold Member

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    He was in charge of oversight into Fannie and Freddy, and you can see prior to that he was pushing home ownership.
     
  8. Grampa Murked U
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    Grampa Murked U Diamond Member

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    [ame=http://www.youtube.com/watch?v=LPSDnGMzIdo&feature=youtube_gdata_player]Democrats were WARNED of Financial crisis and did NOTHING - YouTube[/ame]
     
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  9. toxicmedia
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    toxicmedia Gold Member

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    Did anybody from either side....Washington politicians I mean......warn us about the impending burst?.....I don't remember anybody complaining on either side about all that construction and real estate bucks being made during it....
     
  10. Grampa Murked U
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    Grampa Murked U Diamond Member

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    Yes they did. Watch the video I posted.
     

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