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In 2005, Frank speaks of the bubble being far out thinking? So he was in the mainstream.
Out of context video bs?
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facts: In 2009 Frank responded to what he called "wholly inaccurate efforts by Republicans to blame Democrats, and [me] in particular" for the subprime mortgage crisis, which is linked to the financial crisis of 2007–2009.[49] He outlined his efforts to reform these institutions and add regulations, but met resistance from Republicans, with the main exception being a bill with Republican Mike Oxley that died because of opposition from President Bush.[49] The 2005 bill included Frank objectives, which were to impose tighter regulation of Fannie and Freddie and new funds for rental housing. Frank and Mike Oxley achieved broad bipartisan support for the bill in the Financial Services Committee, and it passed the House. But the Senate never voted on the measure, in part because President Bush was likely to veto it. "If it had passed, that would have been one of the ways we could have reined in the bowling ball going downhill called housing," Oxley told Frank.
In an op-ed piece in the Wall Street Journal, Lawrence B. Lindsey, a former economic adviser to President George W. Bush, wrote that Frank "is the only politician I know who has argued that we needed tighter rules that intentionally produce fewer homeowners and more renters."[7] Once control shifted to the Democrats, Frank was able to help guide both the Federal Housing Reform Act (H.R. 1427) and the Mortgage Reform and Anti-Predatory Lending Act (H.R. 3915) to passage in 2007.[49]
Frank also said that the Republican-led Gramm–Leach–Bliley Act of 1999, which repealed part of the Glass–Steagall Act of 1933 and removed the wall between commercial and investment banks, contributed to the financial meltdown.[49] Frank stated further that "during twelve years of Republican rule no reform was adopted regarding Fannie Mae and Freddie Mac. In 2007, a few months after I became the Chairman, the House passed a strong reform bill; we sought to get the [Bush] administration's approval to include it in the economic stimulus legislation in January 2008; and finally got it passed and onto President Bush's desk in July 2008. Moreover, "we were able to adopt it in nineteen months, and we could have done it much quicker if the [Bush] administration had cooperated."[50] Barney Frank - Wikipedia, the free encyclopedia
Is America really being destroyed? In my reading of early American history, that accusation has been lobbed at political and ideological opponents since Thomas Jefferson went whack-a-doodle-do over the Federlists Hamilton and Marshall, and Adams among others ...Ok... So who is really destroying America?
I blame, of course, liberals and their policies(you can start from back when)
I blame republican greed as well
...
Yet Barney Frank didn't lie. Juxtaposing videos from different years, addressing differnt issues, aguments and bills is all you can do? so much work to attempt to prove a lie? Why not oppose or attack people with truth and facts as it is much easier to do, and you make a point that others cannot deny or refute?
Is America really being destroyed? In my reading of early American history, that accusation has been lobbed at political and ideological opponents since Thomas Jefferson went whack-a-doodle-do over the Federlists Hamilton and Marshall, and Adams among others ...Ok... So who is really destroying America?
I blame, of course, liberals and their policies(you can start from back when)
I blame republican greed as well
...
Yet Barney Frank didn't lie. Juxtaposing videos from different years, addressing differnt issues, aguments and bills is all you can do? so much work to attempt to prove a lie? Why not oppose or attack people with truth and facts as it is much easier to do, and you make a point that others cannot deny or refute?
But he DID lie?
Get it yet?
Is America really being destroyed? In my reading of early American history, that accusation has been lobbed at political and ideological opponents since Thomas Jefferson went whack-a-doodle-do over the Federlists Hamilton and Marshall, and Adams among others ...Ok... So who is really destroying America?
I blame, of course, liberals and their policies(you can start from back when)
I blame republican greed as well
...
It IS being destroyed. People throw stuff around till it has no more meaning, like racism.
I am kind of disappointed in you bro. I thought you were better than this!
Let me give you some examples of how "America" is not AMERICA anymore
-The number of Americans living month-to-month has increased. And does constantly. What happened to the "American Dream"?
- What happened to the dream of owning a business? It is harder today to own a small business. Between taxes and liberal policies, it gets harder and harder to do
-Where are the "jobs"? Oh yea, they are "shovel ready"
-How many Americans have left the workforce since the recession has supposedly ended? Just imagine what the unemployment would be if that was added?
-The USA is ranked 14 in GDP per capita
https://www.cia.gov/library/publications/the-world-factbook/rankorder/2004rank.html
-Low paying jobs continue to increase for several reasons; TAXES, ACA, people feeling dependent and settling for part-time/minimum wage jobs, then BITCH ABOUT IT.
-How much is my 4 year son in debt?
-The more money that is spent on poverty, INCREASES poverty. WTF is up with that?
-Obama has gained 14 million(?) on food stamps, but he thinks it is not enough, so he spends millions more on ads to ENCOURAGE more. WTF is up with that?
do nothing? wtf do you think we are doing? everyone is too worried about making it worse; bring in more welfare, more job competition etc
dante, the country is slowly heading to hell. I am sorry you dont see yhat. you probably will one day, although, it might not be till complete totalitarianism shoves its big dick in your mouth..
clinton had a good economy.. no doubt! what to blame it on is another debate.. IE the tech boom/stock.bubble/being lucky or if he was just an economical genius. (his comments as of late lean towards the former )
then again, the buck stops at the WH, right?