May 27, 2009

Here's Barney Frank in 2005, denying the housing bubble, and making public policy that took down the world financial system.



How does this idiot still have a job?

"You're not going to see the collapse that you see when people talk about a bubble".

Nice call Barney. Way to cost the US taxpayer trillions of dollars. Nice job destroying lives all over the land. Good job doing the dirty work for your corporate whores.

I guess Barney had 21 reasons too.



26 comments:

Anonymous said...

Care to revise your bullshit statement, congressman Fag?

Anonymous said...

What a fucking idiot! iregardless of his toe-tapping butt-buddy status.

Only someone equally stupid, misinformed and grossly incompetent could be considered for public office in Dead America.

Fuck America. Suffer Assholes.

Salute Chairman MaoBama!

RiperDurian said...

This ass is just doing the bidding of his masters.

Look at who bought and paid for him the previous year:

http://tinyurl.com/OpenSecrets2004-BarneyFrank

Nothing but Bankers, Realtors, and Builders.

WAKE UP AMERICA

Never mind, that will never happen.

Anonymous said...

hey keith...did you paint your roof white today?

Anonymous said...

He's cute

Anonymous said...

That first comment is just classic.

And, I don't mind the gays.

wallstreetvet said...

Love the Schiller chart. Check out the author Talbot, I read his bearish real-estate books in 2004, was spot on & in great detail.

He's now saying go back to 1997 before the easy loans and add in inflation, so +30% from there, takes you to the year 2000 in prices, so another 20-50% decline depending on the property. You will never get a 100% contraction. Look to the Hong Kong boom and bust from 1990 to 2003 as another example. Enjoy.

Jayman01844 said...

The boneheads in Taunton will still vote for this clown that is the sad part and why we will never get out of this mess.

Angry Leprechaun said...

I still feel bad for the college kid a couple months back whom Barney was a prick to. I want Schiff to debate this fudge packer on national TV.

I can't fugure out wich one I hate more. Frank, Pelosi, Dodd, Reid, Bush, Cheney, or Obama They are all the same.

Anonymous said...

It's naysayers like you Keith that caused this problem. If everyone had just believed, all would be fine now.

I've got my unferruled finger pointed directly at YOU.


Greg Swann

Tyrone said...

Don't forget this gem; Barney 'Fag' Frank defending the GSEs. And notice the disproportionate number of blacks defending the GSEs, but I'm just sayin'.
.
Barney at 4:50 and 6:00...
""I don't see anything in this report that raises safety and soundness problems."Democrats Covering up the Fannie Mae, Freddie Mac Scam.

Anonymous said...

BUSTED.
It was 2005, when I looked to purchase a house. After 1 day, I gave up, not willing to pay $500k for a farking dump.
That is all.

Anton Chiguhr

Anonymous said...

What is the common underlying factor amongst all the following crooks responsible for the mess that has unravelled ?
- Alan Greenspan
- Ben Bernanke
- Barney Frank

Think there is nothing ? Well, I beg to differ. Think with a little bit of prejudice and you would know. Btw, there is only one country that calls itself western that has not been impacted in any way whatsoever. Care to guess which one that is ?

casey said...

total ass. he should be fired and never agian be able to hold office.

Craig Duckk said...

I'd nail him!

Ross said...

Agree 100% with:

Angry Leprechaun said...
I still feel bad for the college kid a couple months back whom Barney was a prick to. I want Schiff to debate this fudge packer on national TV.

I can't fugure out wich one I hate more. Frank, Pelosi, Dodd, Reid, Bush, Cheney, or Obama They

Went2puke said...

The thing is that Frank needs Bachus, just as Obama needs Cheney and Hannity needs Meadow! They need eachother because they must keep people busy with trivial things while the country's wealth is being depleted by the masters of deceit.

The big game now being played behind the curtains is the Fed's "monetization of debt." It's taxation without representation in its most vicious forms, as the Fed is actively destroying the dollar and clearing the way for high, even hyperinflation--another way of raising taxes without a politiocal debate!

Monetization = Inflation.
Inflation = Taxation without representation.

Tundra Kat said...

Did you catch that US News & World Report: Inner Worlds of Conspiracy Theorists?"

They drag out some schlumpy shrinks who proclaim anyone who questions the govt's conspiracy theory is A) a conspiracy nut, and B)a mental defective.

Anonymous said...

30-year mortgages up 30% in one day

Anonymous said...

wow. mortgage rates jumped about .5% today.

yoski said...

Angry Leprechaun said:
"I can't fugure out wich one I hate more. Frank, Pelosi, Dodd, Reid, Bush, Cheney, or Obama They are all the same."

Paulson & Geithner got to be my 2 favorites. The other guys screwed up on a monumental scale but Paulson & Geithner were the ones that unloaded all the losses onto the tax payer. Stole trillions of dollars from the American people, none of the other clowns caused that much damage, not even Bin Laden.

Anonymous said...

Remember that Frank was in the minority in 2005. That means no real power to effect policy.

Anonymous said...

In 2005, who among us saw the housing / credit/ debt bubble? And more importantly, where was uncle Alan?

Where was anyone in the Bush Administration?

Anonymous said...

Remember that Frank was in the minority in 2005. That means no real power to effect policy.Minority. Hah. He's on the Democrat side of a two headed monster that is screwing us all over. This prick has defended Fannie and Freddie all along and helped them loot the system. He needs to die in a prison cell.

Apt604 said...

In fairness to Barney Frank . . . while he was wrong about the existence of a bubble in 2005, by then he had already spent years supporting legislation to rein in some of the idiotic lending practices that caused the bubble in the first place. See, for example, H.R. 3974 in the 108th Congress (introduced in 2004), particularly Sec. 3(c). Requiring lenders to verify borrower income? Preposterous!

But the industry and the Republican-controlled Congress would have none of his damn regulation.

Apt604 said...

It's obvious that Anonymous @ 3:31 PM has no idea how the House of Representatives works. When you're in the minority party, you don't control squat. All this talk about him "blocking" Fannie/Freddie regulation might make sense IF he had any power whatsoever at the time.