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Barney Frank Wants Government To Enter Municipal Bond Insurance Business
Global Economic Trend Analysis ^ | 05/18/09 | Mike "Mish" Shedlock

Posted on 05/18/2009 9:14:15 PM PDT by TigerLikesRooster

Barney Frank Wants Government To Enter Municipal Bond Insurance Business

Some people never learn. Representative Barney Frank of Massachusetts is one of them.

One might hope that Frank would have learned something from the Fannie Mae and AIG debacles. Sadly that hope is misguided. Barney Frank now wants the government to enter the municipal bond business.

Please consider Cities Ask Treasury for $5 Billion to Fund Public Bond Insurer.

(Excerpt) Read more at globaleconomicanalysis.blogspot.com ...


TOPICS: Business/Economy
KEYWORDS: barneyfrank; bondinsurance; munibond

1 posted on 05/18/2009 9:14:15 PM PDT by TigerLikesRooster
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To: TigerLikesRooster; PAR35; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; happygrl; ...

Ping!


2 posted on 05/18/2009 9:14:39 PM PDT by TigerLikesRooster (LUV DIC -- L,U,V-shaped recession, Depression, Inflation, Collapse)
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OK.....everybody pony up ten bucks and let’s get this FReepathon over....

Thanks.


3 posted on 05/18/2009 9:15:05 PM PDT by ButThreeLeftsDo (FR. ....Monthly Donors Wanted.)
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To: TigerLikesRooster

I’m sure he does.

I’m sure he stands to make millions and millions of dollars off the deal...


4 posted on 05/18/2009 9:16:38 PM PDT by Tzimisce (http://groups.myspace.com/nailthemessiah)
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To: TigerLikesRooster

Thank God we have Barney looking after our money the same way he cares for Herb Moses butt crack.


5 posted on 05/18/2009 9:41:07 PM PDT by ninonitti
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To: TigerLikesRooster

Last couple of articles you posted— Looks like the propaganda is out in full force right now, desperately trying to rope in as much private money as possible to the fiat/ fractional reserve scam. This is a good contrarian indicator of the next phase of collapse.


6 posted on 05/19/2009 4:38:39 AM PDT by ovrtaxt (We are not to expect to be translated from despotism to liberty in a feather bed. -Jefferson)
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To: TigerLikesRooster

When is someone going to muzzle this moron?


7 posted on 05/19/2009 4:55:01 AM PDT by cranked
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To: TigerLikesRooster

I can just see the Chysler-like mandates....
... Barney and 0boy remove mayor and city council
..... Governor canned after disagreeing with Washington...


8 posted on 05/19/2009 5:07:13 AM PDT by pointsal
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