...immediately kicked out of Congress, brought up on charges of corruption and since his corruption has out the whole country at risk he should addition be brought up on treason charges, then we should toss him in a max security prison, where he becomes a favor in the showers!
Why do I say this? I can already hear the response, this is neo-con GHook and his rightwing attack on a liberal douc%*bag, who even sounds like an a$$hole (OK you might leave off the last part)!
Why am I so angry? Fannie Mae and Freddie Mac have helped kill America! This scum of the earth, sold America out them. For the very very very very very generous campaign contribution, numnutz did everything he could to protect FM & FM! He did so in a disguise of providing affordable housing for all (a paradox itself)! In reality he did it to get the campaign dollars he needed in order to get elected (and he needed every dollar he could get since he when he talks he sounds like a complete a$$hole). This is also a true testament to how stupid the liberals in MA are. How could a moron like Barney Dumba$$ get elected to anything to anything!
His protection of FM & FM for campaign contribution amounts to nothing less than bribery and corruption. It is so devastating that it even amounts to treason!
To hear this A$$HOLE take a cheap shot at McCain for doing what he can to help solve the economic crisis makes me so mad. How can a guy like Frank have the ballz to say anything when he is one of the main reasons for the mess. McCain on the other hand tried to prevent FM & FM from getting as large as they became back in I think 2002!
Barney Frank has to be glad he is not a politician in Russia or China, because they would have already taken him out in the back alley and shot him!
Barney's Rubble - WSJ.com Quote:
But on the threshold reform issue -- limiting the size of the portfolios of mortgage-backed securities (MBS) that the two companies could hold -- Mr. Frank was a stalwart opponent.
In fact, Mr. Frank was publicly arguing for an increase in the size of their combined $1.4 trillion portfolios right up to the day they were bailed out. Even now, after he's been proven wrong about a taxpayer guarantee, he opposes Treasury's planned reduction in the size of the portfolios starting in 2010, according to a quote attributed to him in this newspaper last week. "Good luck on that," he reportedly said.
For years, Mr. Frank and other friends of Fan and Fred opposed not only bills written to limit the size of their portfolios, but any bill that in their view gave an independent regulator too much discretion to order a reduction. This was true of the reform that his House committee passed last year. Only when the White House caved to Mr. Frank and dropped its earlier insistence that a reform bill rein in the portfolios did Mr. Frank move his bill.
In his letter, Mr. Frank also repeats his familiar claim that Fannie and Freddie are vital because they support "affordable housing." This is political smoke. The awful irony of Fan and Fred is that they have done very little to assist affordable housing. Most of the taxpayer subsidy has gone to enrich shareholders and Fannie managers, as a 2003 study by the Federal Reserve shows.
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