Barney Frank Comments UNBELIEVABLE! Contrast to McCain -
September 26th, 2008, 11:13 AM
Barney Frank has the nerve to blame the current crisis on Republicans!!
Check out these two quotes:
Barney Frank on Fannie Mae/Freddie Mac and the need for more oversight:
''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.''
John McCain regarding new oversight of these entities in 2006:
I join as a cosponsor of the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190, to underscore my support for quick passage of GSE regulatory reform legislation. If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole.I urge my colleagues to support swift action on this GSE reform legislation.
Barney Frank has the nerve to blame the current crisis on Republicans!!
Check out these two quotes:
Barney Frank on Fannie Mae/Freddie Mac and the need for more oversight:
''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.''
John McCain regarding new oversight of these entities in 2006:
I join as a cosponsor of the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190, to underscore my support for quick passage of GSE regulatory reform legislation. If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole.I urge my colleagues to support swift action on this GSE reform legislation.
Slogan/motto:
Don't look back; something may be gaining on you.
Reputation:
September 26th, 2008, 10:23 PM
Quote:
Originally Posted by koban
Barney Frank is a disgusting pig.
Once again Koban puts things into perspective.
Destroy another fetus now, we don't like children anyhow, I've seen the future baby......... It is Murder.
~Leonard Cohen
To my mind it is wholly irresponsible to go into the world incapable of preventing violence, injury, crime, and death. How feeble is the mindset to accept defenselessness. How unnatural. How cheap. How cowardly. How pathetic.
~Ted Nugent
Barney Frank has the nerve to blame the current crisis on Republicans!!
Check out these two quotes:
Barney Frank on Fannie Mae/Freddie Mac and the need for more oversight:
''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.''
Did Barney say this before or after the feds seized Fannie/Freddie assets?
Easy one! No Republicans were involved or garnered benefits. If there had been, we would be knee-deep in hearings and the Democrats would be demanding criminal prosecutions.