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BARNEY FRANK WANTS TO NATIONALIZE THE US AUTO INDUSTRY
FOXNEWS | 11/12/08 | FOXNEWS

Posted on 11/12/2008 1:51:23 PM PST by penelopesire

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To: screaminsunshine

Are you sick enough of it to join the Ron Paul Revolution? After all the “kook” is being proven correct on all counts.
__________________________________________________

Ya know . . . as kooky as he was/is, he most certainly HAS been right. Even THAT is frightening. We have been lied to by both Republicans and Democrats so many times it is nearly impossible to know the real truth. THAT is my new realization.


101 posted on 11/12/2008 2:20:21 PM PST by RepubRep (God Bless America and may He guard our borders until we WAKE UP and do it ourselves!!)
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To: penelopesire
Unfreakinbelievable!

Perfectly believable IMO.

102 posted on 11/12/2008 2:20:35 PM PST by what's up
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To: gondramB

“I know it was tough to vote against the bailout and maybe there was no choice but this feels like a slippery slope the other slippery slopes look up to.”

It feels like a slippery slope because Paulson greased it with suggestions that more than real estate backed securities might be bailed out.

He’s still talking about purchasing car loans-—I’ll take a wild guess, those have been securitized to into tradeable derivatives, and the foreigners bought the paper.


103 posted on 11/12/2008 2:20:37 PM PST by Shermy ( "You know, Paul, Reagan proved deficits don't matter,")
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To: Constitutionalist Conservative

LOL...the pics in this thread are hysterical!


104 posted on 11/12/2008 2:21:37 PM PST by penelopesire ("The only CHANGE you will get with the Democrats is the CHANGE left in your pocket")
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To: penelopesire

Why don’t they just nationalize everything. I could use a break.


105 posted on 11/12/2008 2:21:55 PM PST by P8riot (I carry a gun because I can't carry a cop.)
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To: al_c

Shades of the inside cover of Steppenwolf’s LP “For Ladies Only.”


106 posted on 11/12/2008 2:22:58 PM PST by niteowl77 (The niteowl77s: parents who support those who support their soldier.)
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To: y6162

Time for Americans to refuse to pay their TAXES, What would they do then? Put us all in Jail! Time to grab our pitch forks and take back our government!


107 posted on 11/12/2008 2:23:33 PM PST by Sammy67
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To: vietvet67

I’m sure Barney can help.

He’s intentionally dropped the soap many a time..
________________________________

LOL . . . you people are always so quick!!


108 posted on 11/12/2008 2:23:41 PM PST by RepubRep (God Bless America and may He guard our borders until we WAKE UP and do it ourselves!!)
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To: rfp1234

In honor of Kommisar Frank, the FordChevyGM USA National Collective will be rolling out the Barneymobile, soon to be the only car a available via your local bread lines. Cupcake Pink only. Toilet paper not included.

109 posted on 11/12/2008 2:24:08 PM PST by Callahan
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To: longtermmemmory

There is certainly a chill in the air of capitalism right now. The markets are going to tank in the morning when they realize that even if it doesn’t pass now, it likely will pass once Obama is sworn in.


110 posted on 11/12/2008 2:24:09 PM PST by penelopesire ("The only CHANGE you will get with the Democrats is the CHANGE left in your pocket")
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To: penelopesire

LET THE BIG 3 FAIL!


111 posted on 11/12/2008 2:24:38 PM PST by CatoRenasci (Ceterum Censeo Arabiam Esse Delendam -- Forsan et haec olim meminisse iuvabit)
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To: penelopesire
Maybe if the made chandeliers standard on their cars, they wouldn't be going bankrupt in the first place.
112 posted on 11/12/2008 2:25:01 PM PST by Lorianne
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To: penelopesire

Pa.....thetic.


113 posted on 11/12/2008 2:25:07 PM PST by Recovering_Democrat
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To: Sammy67
Shameless plug for my vanity posting:

Tax Reduction Strategy discussion

114 posted on 11/12/2008 2:25:32 PM PST by MrB (The 0bamanation: Marxism, Infanticide, Appeasement, Depression, and Thuggery)
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To: penelopesire

“It would just be wrong to take it out of TARP [the Troubled Asset Relief Program] without a separate vote,” Frank said.

The lawmaker added that he believed that President Bush would sign legislation to help prevent a collapse of the U.S. automobile manufacturing industry.

“This would be a terrible time and I think the White House knows that,” he said.

The $25 billion would be separate from the $25 billion that Congress provided car manufacturers to retool factories to comply with tougher fuel-efficiency standards. Frank said there were some efforts by the manufacturers to ask Congress to use the earlier $25 billion for immediate financial help. He said House Speaker Nancy Pelosi (D-Calif.) “absolutely rejected that with broad support.”

http://tinyurl.com/6d3uo7

******

U.S. lawmakers wouldn’t expect President George W. Bush to veto a $25 billion aid package for U.S. auto makers being drafted by congressional Democrats this week, a top House member said Wednesday.

“We don’t think they’ll kick it back,” House Financial Services Chairman Barney Frank, D-Mass., told reporters.

Frank has been tasked by House Speaker Nancy Pelosi, D-Calif., with drafting the aid package for automakers.

Frank offered few specifics about the potential legislation - his staff is still drafting it - but said there will be a House Financial Services Committee hearing on the issue next Wednesday. He also suggested that lawmakers could put restrictions on how the money will be used.

“We want to protect the taxpayer ... to maximize the chances of repayment and secondly by diminishing the chances of the money being spent improvidently or imprudently,” Frank said.


115 posted on 11/12/2008 2:25:35 PM PST by kcvl
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To: what's up

Yes..sadly it is believable. We had better pray that Georgia and Minn. keep our guys in office. The fate of our country might literally rest in their hands now.


116 posted on 11/12/2008 2:27:05 PM PST by penelopesire ("The only CHANGE you will get with the Democrats is the CHANGE left in your pocket")
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To: Brett66
I wonder what happens when the government runs out of money?

Or print so much that the dollar’s value dwindles to nothing?

War

117 posted on 11/12/2008 2:27:22 PM PST by Eddie01
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To: ari-freedom
Can you dig it?

I got it one piece at a time, and it didn't cost me a dime....

118 posted on 11/12/2008 2:27:39 PM PST by Siouxz ( Freepers are the best!!!)
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To: kcvl

“We want to protect the taxpayer ... to maximize the chances of repayment and secondly by diminishing the chances of the money being spent improvidently or imprudently,” Frank said.

Yeah right. What an A-Hole this guys is.


119 posted on 11/12/2008 2:27:56 PM PST by scottdeus12 (Jesus is real, whether you believe in Him or not.)
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To: penelopesire

Another weird idea from Barney.


120 posted on 11/12/2008 2:30:01 PM PST by OldNavyVet (Character counts)
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