Posted on 04/08/2010 1:32:32 PM PDT by bestintxas
When it comes to financial reform, before we know where we’re going, we need to find out where we’ve been. The government was intimately involved in the meltdown of Freddie Mac and Fannie Mae and Rep. Barney Frank was at the center of the scandal.
The Obama administration has made clear that it’s setting its sights on another rush job, propaganda exercise to advancing the ruling class: financial regulatory reform. While there is no question that some smart and independent regulation is needed for Wall Street, giving more spending and power to a government that already has a too-big-to-fail mentality will only put lawmakers in the driver’s seat and U.S. taxpayers on the hook.
At the helm of this ship of legislative action in the House is Financial Services Chairman Barney Frank, a man who already has a cloud of unanswered questions hanging over his head about his involvement in the Freddie Mae and Fannie Mac fiasco, and the Troubled Asset Relief Fund.
Why should he be allowed to play a key role in determining how banks will operate in the future? According to Judicial Watch, a public interest group that investigates and prosecutes government corruption, Frank lobbied regulators to shell out a $12 million TARP grant for a hometown bank located in Boston.
(Excerpt) Read more at foxnews.com ...
Frank’s district in Massachusetts went for Scott Brown. So maybe it’s possible...
To prison.
And he's never been funny.
I completely concur.
“Thufferin’ Thuccotath!
Barney reminds me of this character;
http://en.wikipedia.org/wiki/Sylvester_the_Cat
I said Scott Brown would never be elected. And I would normally say the same thing about Barney Fwank but now I’m not so sure.
I nearly spewed tea all over my keyboard. Thanks!
Barney Frank, always has to be cute. What a wretched excuse for a man. He’s the biggest horse’s ass in the House.
Imagine, there are voters in Massachusetts who think it’s great that Frank represents them. Bleech!
He certainly was involved in forcing Citibank to make sub-prime loans.
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