Bravo Barney frank

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jorel5

Bravo Barney frank

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Posts: 1625

(08/19/09 5:12 PM)

Planetary Lunatic

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Nice push back, Barney. It is time to stop suffering these fools.

http://leftake.com/

____________________________________________

OK then. You can call me Dad when we're alone.

bob2559

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Posts: 5161

(08/19/09 8:47 PM)

reasonable but banal

Considering Barney was one of the principal players in stopping Bush's attempt to reform Freddie Mac And Fannie Mae back in 2003, an action (or more precisely, inaction) that will probably end up costing taxpayers hundreds of billions of dollars... just exactly who is the fool you're referring to?

Crichton: I feel totally calm. Why do I feel calm?
D'Argo: Fear accompanies the possibility of death, calm shepherds it's certainty..

platoshrimp

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Posts: 3006

(08/19/09 11:27 PM)

Lunateec

It would be better if bob would debate jorel's post about the crazy. If bob wants to deflect the argument, all one has to say is who was the president and who controlled the House and Senate.

But the central point is that the bill embodying tough regulation of Fannie Mae and Freddie Mac -- that the Republicans did not pass in twelve years -- was approved by the House in May of 2007 a few months after I became chairman. The bill was not making enough progress in the Senate, so in January of 2008, when Congress was considering the economic stimulus package, with the approval of Speaker Pelosi I approached Treasury Secretary Paulson and asked him to take the tough new regulations on Fannie Mae and Freddie Mac the House had approved, and make them part of the stimulus package. He said he could not get the Administration to agree to that for a number of reasons. Had he done that, we would have had those new regulations in effect months ago.

http://www.barneyfrank.net/node/208

That Barney Frank guy must be really powerful. He single handedly cost

taxpayers hundreds of billions of dollars...

What were these guys named Bush or Cheney doing? I could have sworn they were in control.

jorel5

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Posts: 1626

(08/20/09 12:34 AM)

Planetary Lunatic

It doesn't take hindsite, Bob, to spot a fool in the present moment.

Glenda Yenta

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Posts: 4498

(08/20/09 5:52 AM)

Lunateec

Back to the original post in this thread, I thoroughly enjoyed the clip. More people need to give those people a reality check. The debate should be based on reality.

jane1958

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Posts: 32259

(08/20/09 7:09 AM)

double trouble

The debate should be based on reality.

True, but most debates with our politicians are full of lies.

The White House is taking aim at the untruths that are being floated around the internet about health care reform. They've set up an email address for people to report those lies, half-truths and ...

platoshrimp

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Posts: 3011

(08/20/09 12:16 PM)

Lunateec

"The fact that the fool is often stubborn must not mislead us into thinking that he is independent. One feels in fact, when talking to him, that one is dealing, not with the man himself, but with slogans, catchwords, and the like, which have become a passive instrument, the fool will be capable of any evil and at the same time incapable of seeing that it is evil. Here lies the danger of a diabolical exploitation that can do irreparable damage to human beings." - Dietrich Bonhoeffer

I wish he would have gone farther. He should have pressed her to the logical outcome of her Hitler comparison. That is, would she condone removing such a person from office by any means necessary?
The crazies don't seem to have much understanding of either history or the issues.

bob2559

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Posts: 5162

(08/20/09 8:42 PM)

reasonable but banal

This one's for Plato, listen to Barney's own words, especially the part about the government not bailing Fannie or Freddie out...

And Plato, the Pubs never had 60 votes in the Senate, the Dems do now and it still looks like the Dem president isn't going to be able to pass much of his agenda.� Going by your so-called "logic", the Pubs must have the 40 most powerful votes in the Senate.

Crichton: I feel totally calm. Why do I feel calm?
D'Argo: Fear accompanies the possibility of death, calm shepherds it's certainty..

jane1958

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Posts: 32263

(08/21/09 8:04 AM)

double trouble

platoshrimp

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Posts: 3013

(08/21/09 11:00 AM)

Lunateec

::Rubbing hands::

Where to start? Oh yeah, right here. This is from Time Magazine. 25 People to Blame for the Financial Crisis
http://www.time.com/time/specials/packages/completelist/0,29569,1877351,00.html

Full List

Blameworthy

If this was such a big concern of theirs why didn't they happen to pass this?

http://www.ritholtz.com/blog/2009/01/karl-roves-revisionism/

3. Democrats controlled the Congressional Debate on GSEs: Rove somehow fails to note the GOP controlled Congress from 1994-2006, including the first 6 years of the Bush Presidency. If the President wanted to rein in the GSEs, he needed only make it a major priority, and not a footnote in the 2001 budget.

bob2559

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Posts: 5163

(08/22/09 12:00 AM)

reasonable but banal

Were not talking about the financial crisis, Plato. We're talking about Barney Frank's role in costing the taxpayers hundreds of billions of dollars by his refusal to accept reality and blocking efforts to reform Freddie Mac and Fannie Mae before it was too late. Are you denying that despite seeing the video of him saying that nothing was wrong and even if they did fail, the government would not be on the hook for bailing them out?

Remember, you and banga made these new rules about staying on subject. Or do those rules only apply when you like them to?

Crichton: I feel totally calm. Why do I feel calm?
D'Argo: Fear accompanies the possibility of death, calm shepherds it's certainty..

tillman52

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Posts: 1

(08/22/09 3:03 AM)

barney frank is just many of the problems--we now have more corrupt politicans than mexico
jazie's list is a good start--indict them all

platoshrimp

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Posts: 3014

(08/22/09 12:25 PM)

Lunateec

Yes you are talking about the financial crisis, bob.

bob2559		#14	[-]
Posts: 5068 (02/19/09 1:55 AM) reasonable but banal Reply Quote More My Recent Posts Message Me Connection Blocking Invite Ignore User's Posts	Here's another take on the mess that I'm sure aldav will do his best to ignore... Blame Fannie Mae and Congress For the Credit Mess but hell... what would a professor of finance and business at the Columbia Business School know about it? Crichton: I feel totally calm. Why do I feel calm? D'Argo: Fear accompanies the possibility of death, calm shepherds it's certainty..
aldav		#15	[-]
Posts: 1658 (02/19/09 3:11 AM) Lunateec Reply Quote More My Recent Posts Message Me Connection Blocking Invite Ignore User's Posts	I don't really know what your point is bob fannie and freddie did much damage to the market--about 3 trillion but wall st. took those mortgages and levereged them to 40 trillion thats where the real damage is like i've said before--over 1000 people should be in jail if bob you are trying to push some agenda about whether one side is better than another i don't really give a fuck if they were democrats or republicans. hang em high *I was once somebody* Last Edited By: aldav 02/19/09 3:14 AM. Edited 1 times.

You have arbitrarily decided 2007 was too late and said it was one person's fault. Your president, your Senate and your House were in control, even to the point of spying on library books that any citizen can check out! The only reason Fannie and Freedie were not regulated is because of the inertia of the Bush administration and Cheney's bloodthirst and greed. Face it, it just wasn't on Bush's radar.

Remember, you and banga made these new rules about staying on subject. Or do those rules only apply when you like them to?

Stop whining. Your tangents are always addressed. You just have a problem with responding to the thread w/o whining that someone won't talk about your very important problem.

tillman52, that was my list. I know everyone wants to get on jazie's good side, but if you're handing out kudoes, that one is mine. Welcome to the board.

Green Package Man

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Posts: 1101

(08/24/09 10:22 AM)

Young, Stupid, And
Needs To Get Laid

I think there is a lot of blame to go around. I consider the financial crisis, housing crisis, and deficit the result of not capitalism, not socialism, but just plain piracy from thieves in Washington and New York. You would think that after the savings and loan crisis two decades ago there would be no more government guarantees if a company goes bakrupt along with reduced control, regulation, and oversight.

bangabong

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Posts: 4119

(08/24/09 12:12 PM)

Depraved Masher

I agree with GPM.

As for you, Bob, quit changing the subject. The fools Jorel refers to are the fools who have been provoked into near-riot by over-paid right-wing media blowhards spreading ludicrous disinformation in a campaign that is surely financed, aided and abetted by the insurance industry and any other lobby group who hopes to completely discredit the current ruling party (aka the Dems) and their leader in the White House (aka your president - Barack Obama).

There are no death panels, there are no vast leftist conspiracies to move this country into socialized medicine, there are no fascists in the White House. There are, however, plenty of people out there who are willing to manipulate the gullible masses into misdirecting their anger by playing on their fears (racism included). What we are seeing here is cognitive dissonance on a grand scale. The world is changing too fast for some and they're being dragged into the future kicking and screaming.

Inciting them to violence (and these kinds of accusations are paving a path to major violence) is essentially a treasonous act. These are the movements that give birth to the likes of Timothy McVeigh and, dare I say, John Wilkes Booth.

We are suffering the aftershocks of 8 years of Bush-Cheney Corp. Let's hope the structure of our country holds until things quiet back down.

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Bravo Barney frank

Bravo Barney frank

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