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Flashback: Democrat Barney Frank Said there Would be No “Collapse” of Housing Market – Video 2005
Freedom’s Lighthouse ^ | August 06, 2010 | Brian

Posted on 08/09/2010 1:44:29 PM PDT by RobinMasters

As the Democrats attempt to blame former President George W. Bush for all the ills of the current economy, it is worthwhile to remember that the collapse of the housing market due to Fannie Mae and Freddie Mac loans that should have never been approved was the driving force behind the economic collapse of 2008. President Bush, along with other Republicans like John McCain had tried to move legislation to deal with the loans being given to people who simply could not afford to buy a house.

But Democrats led by Barney Frank insisted on their social engineering policy that everyone “deserves” to own a home. This video shows Frank dismissing concerns that a “housing bubble” was being created by their policy, and he comes right out and says we would not see a “collapse” of the housing market.

(Excerpt) Read more at freedomslighthouse.net ...


TOPICS: Business/Economy; Constitution/Conservatism; Culture/Society; News/Current Events; Politics/Elections
KEYWORDS: barneyfrank; collapse; dodd; doddfrank; fannie; fanniefreddie; finreg; frank; frankdodd; freddie; housing; mortgage; pelosi; schmuck

1 posted on 08/09/2010 1:44:30 PM PDT by RobinMasters
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To: RobinMasters

Here’s the clean video link without the blog:

http://www.youtube.com/watch?v=iU9vWhObH7A&feature=player_embedded


2 posted on 08/09/2010 1:46:16 PM PDT by humblegunner (Pablo is very wily)
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To: RobinMasters

bump


3 posted on 08/09/2010 1:46:53 PM PDT by dalebert
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To: RobinMasters

This is the ONLY good thing McLame tried to do- he called this one 5 years ago... and he was right, but he was too lame to do anything about it.


4 posted on 08/09/2010 1:50:21 PM PDT by Mr. K (Physically unable to proofreed (<---oops! see?))
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To: humblegunner

GOP needs this in the Media every night,not just on the Internet.


5 posted on 08/09/2010 1:51:42 PM PDT by Sir Beowolf (We The People!)
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To: Sir Beowolf
GOP needs this in the Media every night,not just on the Internet.

If they only had a spine.

6 posted on 08/09/2010 1:58:13 PM PDT by Jane Long (America, while you were sleeping the Socialists took over.)
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To: Mr. K

McLame has been heavily financed by the big costruction industry players using illegals.

He was beholden to this mess, and keeping it viable has been a big part of the McAmnesty push.

I will give him his due where he is critisized unfairly, but at best he played both sides of the fence here...with a lot more weight towards keeping the bubble inflating.


7 posted on 08/09/2010 1:58:13 PM PDT by MrEdd (Heck? Geewhiz Cripes, thats the place where people who don't believe in Gosh think they aint going.)
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To: RobinMasters; Ronin

ahh, good old Barney (more links at bottom of thread)

http://www.freerepublic.com/focus/f-bloggers/2563583/posts


8 posted on 08/09/2010 2:05:19 PM PDT by kalp
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To: RobinMasters
He is a Democrat sexual deviate of course it is allowed to lie to straight Americans.
9 posted on 08/09/2010 2:10:17 PM PDT by Cheetahcat (Zero the Wright kind of Racist! We are in a state of War with Democrats)
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To: RobinMasters
Fry'em...they caused it all...

mortgagate


10 posted on 08/09/2010 2:18:51 PM PDT by FrankR (It doesn't matter what they call us, only what we answer to....)
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To: stephenjohnbanker; Grampa Dave; sickoflibs; Libloather; CutePuppy; Condor51
Democrats led by Barney Frank insisted on a stupid social engineering policy, claiming everyone “deserves” to own a home. On one video Frank ignorantly dismisses concerns that a “housing bubble” was being created, and actually says we would not see a “collapse” of the housing market.

Repubs should run videos of Bwaney 24/7.

Vids of Bwaney at townhalls, sneering at his constituents opposed to h/care, and defending his stupidity WRT the housing debacle will reverberate across the land----and effectively kill the reelection chances of all Dims.

11 posted on 08/09/2010 2:39:01 PM PDT by Liz
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To: RobinMasters
Photobucket

12 posted on 08/09/2010 3:25:05 PM PDT by Dick Bachert (The upcoming election is the most important in our lifetimes!!! BE THERE!!!!!!!)
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To: RobinMasters

Bump!


13 posted on 08/09/2010 3:29:16 PM PDT by SunTzuWu
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To: Liz
Repubs should run videos of Bwaney 24/7.

Vids of Bwaney at townhalls, sneering at his constituents opposed to h/care, and defending his stupidity WRT the housing debacle will reverberate across the land----and effectively kill the reelection chances of all Dims.

Yep! Something the GOP should have done in 2006 and even more so, in 2008, after 2 years of Congressional disaster and "9% Congress" approval - tying all the "conservative," faux "Blue Dog" Democrats in conservative districts and states to Nancy Pelosi and Harry Reid...

Maybe they are a little smarter this time (some Tea Party blood is coming in the GOP primaries) and will do it (variation of the poster in #12), or maybe they hope they can just coast to a small victory in November.

14 posted on 08/09/2010 5:15:49 PM PDT by CutePuppy (If you don't ask the right questions you may not get the right answers)
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