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Frank threatens banks to stop foreclosures
Breitbart ^ | 7/29/2009 | ANNE FLAHERTY

Posted on 07/29/2009 12:23:21 PM PDT by NMEwithin

WASHINGTON (AP) - A senior House Democrat threatened banks Wednesday that if they don't volunteer to save more homeowners from foreclosure, Congress will make them. In a sternly worded statement, Rep. Barney Frank said Congress will revive legislation that would let bankruptcy judges write down a person's monthly mortgage payment if the number of loan modifications remain low...

(Excerpt) Read more at breitbart.com ...


TOPICS: Government; Politics/Elections
KEYWORDS: forclosures; frank; housing
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1 posted on 07/29/2009 12:23:22 PM PDT by NMEwithin
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To: NMEwithin

Barney the blowhard.


2 posted on 07/29/2009 12:26:25 PM PDT by Boston Blackie
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To: NMEwithin

Good ol’ Bawney Fwank...he’ll kill the remaining banks off yet...


3 posted on 07/29/2009 12:26:43 PM PDT by jessduntno ("Freedom is never more than one generation away from extinction." - Ronald Reagan)
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To: NMEwithin

Next we will write a law forcing you to refire those you fired.

Three steps of tyranny ... They try and sell you on an idea, when that fails, they try and bribe you to accept the idea, when that fails, it’s guns and gulags time. We are now between step 2 and 3.


4 posted on 07/29/2009 12:27:02 PM PDT by Tarpon (You relinquish your responsibilities, you surrender your rights.)
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To: NMEwithin
Smoooooth one, Bawney! Watch mortgage lending in the USA dry up completely as lenders simply won't take the risk. Or, one had better be damn rich to qualify for a loan. Democrats will suffer most...
5 posted on 07/29/2009 12:27:06 PM PDT by April Lexington (Study the constitution so you know what they are taking away!)
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To: NMEwithin
Frank CAN'T just make them, he has to do this legal like.

He'll need to draw up a writ, and then have -10bama put his wax seal on it.

6 posted on 07/29/2009 12:27:07 PM PDT by C210N (A patriot for a Conservative Renaissance!)
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To: NMEwithin

Bawney is panicking, as he should. Bawney belongs in Pwison.


7 posted on 07/29/2009 12:27:15 PM PDT by unkus
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To: NMEwithin

8 posted on 07/29/2009 12:27:19 PM PDT by TSgt (I long for Norman Rockwell's America.)
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To: NMEwithin

Get jail cell ready for Barney Fwank.


9 posted on 07/29/2009 12:27:31 PM PDT by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: NMEwithin

http://www.economicpolicyjournal.com/2009/07/revenge-crash-ahead.html


10 posted on 07/29/2009 12:27:38 PM PDT by FromLori (FromLori)
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To: Boston Blackie

Barney must be exposed and voted out of office.


11 posted on 07/29/2009 12:28:02 PM PDT by ExTexasRedhead
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To: NMEwithin

ooohh, you banks just stop that...........


12 posted on 07/29/2009 12:28:26 PM PDT by Stayfree (REWARD FOR OBAMA'S BIRTH CERTIFICATE.COM)
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To: NMEwithin

King Barney has spoken.....


13 posted on 07/29/2009 12:28:51 PM PDT by Ben Mugged (Unions are the storm troopers of socialism.)
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To: Tarpon
Three steps of tyranny ... They try and sell you on an idea, when that fails, they try and bribe you to accept the idea, when that fails, it’s guns and gulags time. We are now between step 2 and 3.

Well put.

14 posted on 07/29/2009 12:28:54 PM PDT by Ramius (Personally, I give us... one chance in three. More tea?)
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To: NMEwithin

It’s like demanding an earthquake stop shaking.


15 posted on 07/29/2009 12:29:05 PM PDT by dead (I've got my eye out for Mullah Omar.)
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To: NMEwithin
How can we continue to live in a country where a hand full of crazies like Pelosi, Obama, Frank, Dodd and others can screw us over so badly. None of us get to vote for these people but they are constantly using the power of the government to hurt us.

Abolish the Federal government and replace it with a national congress of state governors. Or, we start leaving the union....

16 posted on 07/29/2009 12:29:46 PM PDT by April Lexington (Study the constitution so you know what they are taking away!)
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To: ExTexasRedhead

Barney will only give up his House seat when it’s pried from his cold, dead hands.


17 posted on 07/29/2009 12:30:00 PM PDT by Bratch
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To: MikeWUSAF

(((chuckling)))

A more appropriate dancer would have to be Rosie O’Donnell.


18 posted on 07/29/2009 12:30:46 PM PDT by This Just In
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To: NMEwithin

How dare banks assume the fact of a promise to pay!! Really, if the mortgage loan is collaterized with the ability to seize the property in case of default, isn’t that a tacit admission that the bank never trusted the customer in the first place? Isn’t that a further admission that the bank knew better than to place the loan? Clearly the fault resides in the bank, which cannot vote anyway.


19 posted on 07/29/2009 12:31:17 PM PDT by perchprism
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To: NMEwithin
Between the government and the bankers they have facilitated and created a national mess.The last people we need to clean up the mess is these people/idiots.
20 posted on 07/29/2009 12:32:05 PM PDT by taxtruth
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