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Barney Frank threatens Goldman Sachs, Wells Fargo, and other banks on housing
TheHill ^ | 03/11/11 | Pete Kasperowicz

Posted on 03/11/2011 6:51:19 PM PST by ColdOne

House Financial Services Committee Ranking Member Barney Frank (D-Mass.) said Friday that he would reintroduce legislative language next week that would require large financial institutions to pay for federal mortgage assistance programs.

Frank said his bill would allow four federal mortgage programs that Republicans are working to eliminate this month to continue operating without threatening to increase the U.S. budget deficit and debt. He said his bill would be similar to language that he tried unsuccessfully to include in financial reform legislation last year.

"I don't mean to demonize, but I think Goldman Sachs, and Wells Fargo, and the Bank of America, and Citicorp, and Morgan Stanley, and the large hedge funds, I think they can pay for this," he said on the House floor. He was speaking in defense of a $1 billion program approved last year that helps unemployed people make their mortgage payments for up to 12 months.

"They can afford this billion dollars," Frank said of the large banks. "Their bonuses alone would pay for these programs."

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


TOPICS: Government
KEYWORDS: 2littleenterprise; 2littleliberty; 2manylaws; 2muchdick; 2muchgovernment; barneyfag; faggot
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1 posted on 03/11/2011 6:51:25 PM PST by ColdOne
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To: ColdOne

Bawney and his bonuses...


2 posted on 03/11/2011 6:53:37 PM PST by ButThreeLeftsDo (Sharia? No, thanks.)
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To: ColdOne
All money rightfully belongs to Barney.
3 posted on 03/11/2011 6:53:48 PM PST by E. Pluribus Unum ("If they bring a knife to the fight, we bring a gun." -- Barry Soetoro, June 11, 2008)
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To: E. Pluribus Unum

Barney try a head count your a little short on votes.


4 posted on 03/11/2011 6:55:03 PM PST by scooby321
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To: ColdOne
"I don't mean to demonize, but I think Goldman Sachs, and Wells Fargo, and the Bank of America, and Citicorp, and Morgan Stanley, and the large hedge funds, I think they can pay for this,"

I do mean to demonize -- Barney, you're a criminal faggot more responsible for the housing market meltdown than any single person.

5 posted on 03/11/2011 6:56:25 PM PST by Mr. Mojo
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To: ColdOne

This moron is one of America’s biggest threats to its existence!


6 posted on 03/11/2011 6:56:36 PM PST by Stayfree (Find out the truth at RewardForObamasBirthCertificate.com!)
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To: ColdOne
..., I think they can pay for this,"

Translation: The bastards did not contribute enough to my campaign.

7 posted on 03/11/2011 6:58:36 PM PST by depressed in 06 (Hope and change is share the poverty.)
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To: ColdOne

Someone tell this fat idiot to shove it up his bit fat Obama. (Make sure all the hamsters have been removed.)


8 posted on 03/11/2011 7:05:38 PM PST by Da Coyote
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To: depressed in 06

I like Barney threatening large banks, for large banks never retaliate.


9 posted on 03/11/2011 7:07:21 PM PST by Rational Thought
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To: ColdOne

Hey Barney, do a headcount. You aren’t in the majority anymore.


10 posted on 03/11/2011 7:19:24 PM PST by truthguy (Good intentions are not enough.)
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To: ColdOne

Some people just like to watch the world burn.


11 posted on 03/11/2011 7:19:57 PM PST by culpeper (He has erected a multitude of New Offices, and sent hither swarms of Officers to harrass our people,)
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To: E. Pluribus Unum

>> All money rightfully belongs to Barney.

Are you serious? I thought it was Michael Moore’s.

Maybe they split it.

Bet Barney blows his half. ;-)


12 posted on 03/11/2011 7:21:54 PM PST by Nervous Tick (Trust in God, but row away from the rocks!)
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To: All

I, Bawny Fwank, will bankrupt this countwy if it’s the last thing I do.


13 posted on 03/11/2011 7:24:45 PM PST by BipolarBob (I'm BiPolar,BiWinning AND have a clean drug test. Questions? Call 1-800-CharlieSheen)
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To: ColdOne

Threatening them with sodomy?


14 posted on 03/11/2011 7:36:03 PM PST by beethovenfan (If Islam is the solution, the "problem" must be freedom.)
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To: ColdOne

Wats out, bankth. Bawny Fwank ith on your tail.


15 posted on 03/11/2011 7:52:30 PM PST by Celtic Cross (Some minds are like cement; thoroughly mixed up and permanently set...)
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To: ButThreeLeftsDo

OPM


16 posted on 03/11/2011 7:57:25 PM PST by Delta Dawn (The whole truth.)
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To: ColdOne

Here we go again, the socialist Democrats back when Clintoon was president and when GW was president pressured banks and passed laws to make lenders give mortgage deals to the “poor” (and some of the Democrats too). This was part of the toss money at bad credit risks deals that led to the 2008 crash.

Now Bwanny Frank is singing that same old tune.


17 posted on 03/11/2011 7:58:01 PM PST by RicocheT
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To: ColdOne

How do we get rid of this terrorist? In any other job he would be doing life.

Pray for America


18 posted on 03/11/2011 8:10:19 PM PST by bray (Hey Country Club, hold your noses this election.)
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To: ColdOne
What if Bhwanny got Goldmon Saxed and was found in the sewer somewhere?

It's not nice to fool Mother Goldman.....

19 posted on 03/11/2011 8:19:35 PM PST by stboz
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To: ColdOne

He’s pissed because they won’t finance his Bath House.


20 posted on 03/11/2011 8:25:52 PM PST by mortal19440
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