Barney Frank Ruined The Economy - Fox News

Discussion in 'Media' started by hvactec, Dec 3, 2011.

  1. hvactec
    Offline

    hvactec VIP Member

    Joined:
    Jan 17, 2010
    Messages:
    1,315
    Thanks Received:
    106
    Trophy Points:
    83
    Location:
    New Jersey
    Ratings:
    +132
    [ame=http://www.youtube.com/watch?v=ty1CW2zr1uc]Barney Frank Ruined The Economy - Fox News - YouTube[/ame]
     
    • Thank You! Thank You! x 1
  2. Truthmatters
    Offline

    Truthmatters BANNED

    Joined:
    May 10, 2007
    Messages:
    80,182
    Thanks Received:
    2,223
    Trophy Points:
    0
    Ratings:
    +2,233
    their viewers will believe anything.
     
    • Thank You! Thank You! x 1
  3. Sallow
    Offline

    Sallow The Big Bad Wolf. Supporting Member

    Joined:
    Oct 4, 2010
    Messages:
    56,535
    Thanks Received:
    6,132
    Trophy Points:
    1,840
    Location:
    New York City
    Ratings:
    +7,394
    Cenk Uygur..it's a shame he left MSNBC.

    Great journalist.

    :clap:
     
  4. Full-Auto
    Offline

    Full-Auto Gold Member

    Joined:
    Jun 13, 2009
    Messages:
    13,555
    Thanks Received:
    1,614
    Trophy Points:
    153
    Ratings:
    +1,615
  5. zonly1
    Offline

    zonly1 Probie still throwin'em

    Joined:
    Jun 6, 2010
    Messages:
    1,255
    Thanks Received:
    149
    Trophy Points:
    48
    Location:
    on the map
    Ratings:
    +150
    Young Turks are nothing more than hacks, reporting half truths and half lies just for ratings and not about responsible journalism. Journalism is no longer objective reporting only subjective.
     
    • Thank You! Thank You! x 1
  6. KissMy
    Offline

    KissMy Free Breast Exam

    Joined:
    Oct 10, 2009
    Messages:
    12,063
    Thanks Received:
    2,144
    Trophy Points:
    255
    Location:
    In your head
    Ratings:
    +2,922
    • Thank You! Thank You! x 2
    Last edited: Dec 4, 2011
  7. FireFly
    Offline

    FireFly Bright F**ker

    Joined:
    Oct 17, 2009
    Messages:
    1,215
    Thanks Received:
    492
    Trophy Points:
    263
    Ratings:
    +520
  8. Political Junky
    Offline

    Political Junky Gold Member

    Joined:
    May 27, 2009
    Messages:
    19,551
    Thanks Received:
    2,948
    Trophy Points:
    260
    Ratings:
    +5,536
  9. KissMy
    Offline

    KissMy Free Breast Exam

    Joined:
    Oct 10, 2009
    Messages:
    12,063
    Thanks Received:
    2,144
    Trophy Points:
    255
    Location:
    In your head
    Ratings:
    +2,922
  10. GHook93
    Offline

    GHook93 Aristotle

    Joined:
    Apr 22, 2007
    Messages:
    17,918
    Thanks Received:
    3,126
    Trophy Points:
    255
    Location:
    Chicago
    Ratings:
    +4,929
    Young Turkish Whore isn't a news source. Fox is 100% correct!
    (1) Fannie Mae and Freddie Mac Power: He pushed to give Fannie Mae and Freddie Mac the power to create a 2ndary market for mortgage. This way unscurplous companies like Ameriquest, First Franklin and New Century (along with the big banks), could write horrendous loans, make big upfront fees and then sell them off nearly instanteously without exposure to any risk.

    (2) Community Reinvestment Act: Carter created this law and Reagan put the breaks on it. Along with Clinton and Dodds, this moron brought it back to life with put it on steriods. It force banks to lend a certain percentage of their to people on the lower spectrum side or they wouldn't get the tax benefits other banks got and would be hit with penalties. This would make them 100 fold less competitive. Therefore banks had to toss out their risk matrix and they did it.

    (3) Protection of Fannie Mae and Freddie Mac: The man stated time and time again they are in perfect condition, when the liar knew they were in a ton of trouble. Name the largest losses a company has posted in US history. FM and FM in '08, FM and FM in '09, and FM and FM in '10! I can guarantee you will be able to round out the top five with FM and FM in '11 and '12! Yet he protected them!

    (4) The Dodd/Frank Wall Street Act is a Fricking mess! Nuff said.

    (5) Obaminationcare is going to cripple the economy in 2014 when it kicks in!


     

Share This Page