So Barney Frank now claims It was Republican opposition to regulation that caused the bank meltdown…?
Let's not forget what really happened, when it happened.
During 2004 congressional hearings on the fraudulent bookkeeping practices of those running Fannie Mae and Freddie Mac, Barney Frank said,
But I have seen nothing in here that suggests that the safety and soundness of an issue, and I think it serves us badly to raise safety and soundness as a kind of a general (?) when it does not seem to be an issue.
Republicans back then WERE calling for the oversight and regulation of the very institutions that brought about the fiscal mess we find ourselves in today. It was Democrats like Barney Frank who, back then, resisted.
It's a good thing the majority of the American voters know the facts….
Related posts:
- Barney Frank Skirts the Issue While the CEO’s of the Big Three were in Washington...
- Barney Frank proves again he’s an idiot Here’s what the esteemed (cough cough) Congressman Frank said regarding...
- Monday’s Column: All Hail Barney! Today’s column at WorldNetDaily is in praise of “First Dog”...
- Barney “The Truth” Frank Overconfidence is a beautiful thing....
- History Lesson, MSM Style It's nice to see that Miss Teen South Carolina has...
Related posts brought to you by Yet Another Related Posts Plugin.
Add A Comment