Not familiar with Republicans? And then go on to put the blame on "Gay Liberal Democrat Barney Frank"?
Spain had it's own housing bubble. But it also bought US derivatives. Where exactly were you for the last decade or so?
International Banks were using the US model for filching cash from rubes for sometime now. And it was Republicans that enabled that behavior through de-regulation and starving regulators of cash.
Bernie Madoff didn't happen in a vacuum. He was enabled by the same guy, George W. Bush, the "forgot" he broke the law by selling Harken stocks and not reporting it..and SEC who basically said, "Nothing to see here, folks". And if you think Madoff was the only one, there are some bridge deals in Brooklyn I would like to interest you in..
I did not blame Barney Frank, the Gay Democrat Senator, I stated a simple fact which is nothing more than fact. As far as me refering to the Senator as Gay, that is how Barney Frank wishes to be identified, we Conservatives did not snoop around in the Senator's bedroom to find information to smear a Gay Democrat Senator, in this case, Barney Frank identifies himself as Gay. That is the nature of of politics, to have an issue to get on top of your opponent.
I just used Bing to search for Barney Frank Fannie Mae, the first result not a video, hence the third result down identifies Barney Frank as Gay. Am I too ignore politics or when the Democrats identify themselves as Gay for political reasons and us, as the oppositon take note of what Democrats say, is that simply a tactic of Democrats, call yourself Gay across every form of media and if anyone takes note and repeats what your PAYING TO BE HEARD, the Democrat tactic is to point out the Conservative is somehow a bigot, a homophobe, a racist, that I am denying your civil rights.
This is the result on Bing to my search Barney Frank Fannie Mae.
Barney Frank - Conservapedia
Congressman Barney Frank is a multi-term liberal Democrat Representative from Massachusetts, representing districts in Boston. He is one of the few openly homosexual members of Congress and he only revealed his homosexual proclivities several years after he had been elected to the position. Frank is the Chairman of the Financial Services Committee.
Excuse me, I was just interupted, a man speaking Portugese and seeming Gay, I kid you not just walked by my gate that seperates me from them, he said something, I replied, in poor Portugese, "eu nao say" (I don't know, say I spelt wrong, I used my bastardized phonetic spelling). I am in Rio De Janiero, so I gave a response to a question where the answer was yes or no, he was asking for money for food, this man did seem gay, and I am sure he took a second look and stopped because I am a attactive middle aged conservative far right wing heterosexual (a gay mans dream according to a book by Boy George I happened to only read as I browsed a few pages in Borders book store, honest). So the Gay guy asked if I spoke French, I had to have him repeat the question twice, when I do not know what someone will say it makes it hard to hear as english is my language and I am poor at Portugese. So on telling the flaming beggar in Brazil that I speak English his eyes opened up and all most twinkled, he then asked me for money for food, making a motion with his hand by his mouth, I really hoped meant he was asking for money. So I came inside, got two Real (not Dollars, Real) and gave it to the flaming gay beggar of Rio.
I could say that was a sign from God, pretty scary as I address a Gay Senator a flaming Gay Homeless person asks for food and me as the Conservative from the USA that gave Brazil Vargas (who shot himself in the skull after he failed) find myself feeding the legacy of non-interference by the USA.
Sallow, the USA is the best country in the World for the World. We do more good in one single day than all other countries put together in all of history.
We feed the world, give the world jobs, we export or technology and our lives. We have found refugee in one place, the USA, and we now stand accused of creating the Tyrants who forced us to flee.
I see the Liberals as standing on the side of Tyranny, I see it no other way.
The USA wrecked the poor world, that is pure bullshit, did we destroy Mexico's economy or is it that those who choose to speak Spanish put themselves at a distinct disadvantage. Canada is good example, they do not speak French, they speak English, hence they have the advantage of learning in English and trading in English with the richest nation in the world.
Sallow, the USA has problems and is not perfect, I got side tracked addressing Barney Frank, the financial crisis has as much to do with Energy as does Housing, more so with Energy the further you move away from the USA as in Foreign markets.
Sallow, you do not find it just a bit odd that the USA's housing market is the biggest industry in the world, Sallow you believe every nation invested in housing in the USA to such a degree it was 90% of their investments. We are talking about what percentage of bad home loans, do you think a 100% of our housing market collapsed or do you believe it was 10%, if its 10% that is at best 10,000,000 homes with bad loans and at that the money is not lost, what is the lost 50%, more in some markets, less in others.
50% of the value of 10,000,000 homes is enough to destroy the economy across the world.
Pure bullshit.
Barney Frank, the Gay Senator that was the Chairman of the Financial Services Committee, the Politician that never lost an election, that is important, Barney Frank remained in power, Presidents came and went, Barney Frank the Democrat Senator remained in the position where it was Barney Franks responsibility to regulate the financial sectors that failed.
Sallow if you call that placing blame I think you have no understanding what the Financial Services Committee is and how it is Senators that rule, regulate, and oversee the markets from Committee.
Are we thus in agreement, that Demcrat Gay Senator Barney Frank is directly responsible for the current economic crisis.