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Posted on 09/27/2008 5:07:06 PM PDT by calcowgirl
FoxNews Names Names in Subprime Scandal; Name One: Barney Frank
Barney Frank blocks legislation to reform Fannie Mae & Freddie Mac
Charles Schumer thinks Fannie Mae & Freddie Mac are doing a ‘very very good job’
The McCain campaign issued a press release totally debunking this and demanding an apology.
Rush said that Davis had not worked for the firm that had done work for Fannie since 2006, had not drawn anything from them since 2006.
ABC on Barney Frank Scandal: No Political Hay for GOP, He’s ‘Truly Gifted’
http://newsbusters.org/node/8119
On December 31, 1992, ABC showed its love for Barney Frank by putting on Frank and his then-lover, Herb Moses, in the middle of a celebrity medley singing “Winter Wonderland,” awarding them this (suddenly political) part of the lyrics: “And pretend that he is Parson Brown. He’ll say are you married, we’ll say ‘no, man’...”
******
Congressman Barney Frank’s scandalous tolerance of a gay prostitution business operating out of his house, uncovered by the Washington Times in 1989, drew from ABC nowhere near the dramatic amount of attention ABC gave Mark Foley. On the August 25, 1989 World News Tonight, Sam Donaldson noted it just once in passing, a mere 67 words:
“Massachusetts Representative Barney Frank, an acknowledged homosexual, today confirmed that his Washington apartment had been used as a callboy headquarters by a male prostitute for a year and a half until late 1987. Responding to a story in today’s Washington Times, Frank said he had hired the prostitute out of his own funds as a personal aide and fired him when he found out what was going on.”
Sawyer: “But the fact of the matter is if they can’t prove it, somebody in Washington has got to stop and say — ‘cause I think the rest of the country has said it a long time — ‘How long are we going to continue to have this persistent, possibly prurient, but certainly punitive interest in people’s private lives? When is it going to stop?’”
On July 20, 1990, the House ethics committee absolved Frank of knowing about the prostitution ring, but recommended a reprimand for Frank for fixing Gobie’s 33 parking tickets and wrote a “misleading memo” to secure Gobie’s probation. Reporter Sheilah Kast concluded: “One antigay Republican will try to have Frank expelled. That won’t pass, but the full House is likely to vote next week to reprimand Frank, making it difficult for Republicans to use Frank’s ethics as a national campaign issue. Sheilah Kast, ABC News, on Capitol Hill.”
On the February 20, 1992 Prime Time Live, Sawyer promoted Frank’s new book, Speaking Frankly: “Congressman Barney Frank of Massachusetts. A man called one of the truly gifted legislators of our time. By some accounts, able to influence up to 70 percent of Democrats’ votes on his issues, fair housing, defense cuts.” She called him “A public figure fierce about private life, a scrappy intellectual who has made a career out of saying exactly what he thinks.” The first sentence of Sawyer’s segment: “Meet the man who does the most scandalous thing you can do in Washington. He tells the truth.” (So much for that “misleading memo” he wrote to secure Gobie’s probation.)
Sawyer brought up the Gobie story with a heavy dose of empathy: “Frank has said it all happened because he felt trapped in the closet.” She wondered: “Was that the roughest time in politics for you?” When Frank said it showed clumsiness and stupidity, Sawyer interjected: “Loneliness?” Frank replied
“Yeah.”
bams needs to return that $126,000........the American public does not need to give him any money, he declined them already.....in a flip flop.
“Barney Frank, & Chris Dodd have a record of blocking reforms which would have stopped Fannie/Freddie from buying bad loans from lenders - who would never have made them except for the fact that they knew Fannie/Freddie would buy them! Frank Raines was responding to the Clinton philosophy that some people who were “just a notch under qualifying” for a home loan just needed a break. Once they got their loans they’d realize the American Dream and everything would be great. Except when there is a normal downturn and these borrowers lost jobs. First thing to go unpaid was the mortgage. Hey, no down, no problem. They just leave and the mortgage is the banks problem. That’s it in a nutshell.”
“I find it ironic that Frank’s is not being questioned about his personal involvement in the affairs of Fannie Mae. It is my understanding that Frank’s former “spouse” Herb Moses was a Director for Fannie Mae, involved directly in the initiatives that have brought us to this point and the need for the bail out. Very convenient and somewhat comedic that Frank is Chairing the Oversight Committee that is looking into the Fannie Mae Freddie Mac disaster.Who is kidding who here, the Dems and the Clinton Administration planted the seeds and Frank manipulated the system for political gain.”
Newsflash! It is believed Mccains campaign accepted an offer of $5 from an 85 year old retired employee of Leyman brothers. WOW, now thats real journalism.
Most likely Obama sent them to be a FR community activist.
| Merrill Lynch | $298,413 |
| Citigroup Inc | $269,251 |
| Morgan Stanley | $233,272 |
| Goldman Sachs | $208,395 |
| JPMorgan Chase & Co | $179,975 |
| AT&T Inc | $174,487 |
| Blank Rome LLP | $150,426 |
| Credit Suisse Group | $150,025 |
| Greenberg Traurig LLP | $146,787 |
| UBS AG | $140,165 |
| PricewaterhouseCoopers | $140,120 |
| US Government | $137,617 |
| Bank of America | $129,475 |
| Wachovia Corp | $122,846 |
| Lehman Brothers | $117,500 |
| FedEx Corp | $113,453 |
| Gibson, Dunn & Crutcher | $104,250 |
| US Army | $103,613 |
| Bear Stearns | $99,300 |
| Pinnacle West Capital | $97,700 |
M is a thousnd.
So Davis’s firm was paid for actual work, while Obama made nearly as much from them for, well... nothing... (bribe)?
You know, I’m beginning to wonder if the Sunday deadline isn’t because of market concerns on Monday, but because of indictments. It’s gonna look really, really bad if there are indictments involving the people pushing this financial charlie foxtrot.
Obama’s contributions START at $200,000 and goes up to $600,000+ and Obama has been in office only ONE YEAR as compared to McCain?!
“We could help him pay it back if anyone thinks $862. caused this whole crisis.”
Well, that would sure beat sticking us with $700 BILLION, wouldn’t it? We can raise that in two minutes during a Freep-a-thon!
Case closed, LOL! :)
Bookmarking for conservative truth and full disclosure (something conveniently set aside on FR these days). Fear of Obama sure does strange things to sheeple.
I end up sounding intelligent and they argue on emotions and lies.
But - I think you are also correct
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“K” is a thousand. 360K.
Click Here! Forward to everyone you know.
Correct....if you're dealing in metric. M is roman numeral for a thousand. $360M
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