Barney Frank is a nut! He would also not listen re
Posted By: Fannie and Freddie until too late!!.nm on 2009-06-23
In Reply to: ... - denise
nm
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Know that. That's my name for Barney Frank.
Kinda fitting, I think.
Barney Frank is a big culprit in this...
however, it is the HOMEOWNERS responsibility to READ YOUR CONTRACT. Geesh people, the lenders did loan to those they knew couldn't pay, but the people who bought a $300,000 home making $50,000 cannot be excused, they too bear responsibility. Anyone facing foreclosure now who gets bailed out should never be allowed to own another home without 20% or more CASH downpayment. We make our mortgage payment on time every month, add extra to the principal, have never been late, have never taken out a HELOC or a second mortgage and yet we are expected to help those out who probably shouldn't have bought a home in the first place.
Barney Frank (D) is the one who several years ago pushed the mortgage lenders to lend to EVERYONE so all could have homes. Read the Boston Globe Op-Ed piece by Jeff Jacoby for a good explanation.
What does anything Barney Frank said have to do with Obama? nm
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It's Barney Frank's fault??!!??!!
Thanks for the laugh!
Thanks to Barney Frank and his snivling
)
More on Barney Frank and fannie/freddie...
http://www.businessandmedia.org/printer/2008/20080924145932.aspx
Barney Frank is to blame for the economic
BUT, Barney Frank is to blame for the corrupt government interference in mortgages and forcing banks to loan to people who by no means had any business trying to buy a home!!
Barney Frank has been in Congress since 1981. He has been the head of the Financial Services Committee and has been in charge of pushing all these government regulations onto banks.....
LETS CALL IT LIKE IT IS!!! He's a corrupt SOB and he needs to be kicked out of there! And now he dares to come across suddenly acting as if he is doing EVERYTHING he can to get the banking business flowing again! BULL! He's got them just where he wants them, indebted to the government. WHat happens next? Government run banks....... socialism......governments lending YOU, the citizen, monies, owning you, your family, and everything else in your life.......you need to do YOUR HOMEWORK!
Barney Frank in prison, is that that what you'd call
x
Barney Frank.....what planet did he fall off
Barney Frank wants less govt and state rights when it comes to drugs.... but he wants "regulation" and "more enforcement" when it comes to everything else that takes away MY rights...... what a joke!
Caught an ad-Barney Frank is going to be on O'Reilley
tonight or Thursday night? I think BF is a glutton for punishment. I hope, but doubt, BF will answer some questions instead of blowing smoke again.
Followed quickly by Barney Frank and Chris Dodd. nm
nm
wrong...barney frank, chris dodd, and the
Dem members of the Banking and Finance Committee are wholly responsible. John McCain cosponsored a bill in 2006 and described this exact scenario, as did Allen Greenspan and John Snow (treasury secretary). The Dems killed it in committee. Voted to a man against it. And here we are. Nice try...no cigar (no pun intended). This is one that you can't lay on the Republicans. The facts do not support you on this one. No matter how much you deny it. And deny it you will. You can't help yourself.
More on Barney Frank...he is SO dirty in this economic mess....
http://www.foxnews.com/story/0,2933,432501,00.html
Fannie and Freddie....Barney Frank, Chris Dodd...
you left them off your list. The two MAJOR players. Who got the most donations from fannie/freddie? Barack Obama and Chris Dodd. Obama got more from them in his 3 years than other senators did in 20. You do the math and follow the money.
Murtha, Pelosi, Barney Frank, Al Franken!, ughh!.
nm
Talk about ignorance....Chris Dodd, Barney Frank....
Fannie Mae...ring any bells? The housing crash is what started this downhill spiral. Talk about snorting Kool-aid...you must have an IV. O starts talking, brain stops working.
The war has cost us plenty...as did 9-11. But the economy didn't go south until the fannie/freddie debacle which started the dominos on wall street falling because of the "bad paper." So you can rant and rave all you want to about the war...your duly elected Dems in Congress screwed us ALL over. But go ahead, blame Bush...this is all on YOU folks. YOU voted them in. I had nothing to do with it...lol. I believe it is called stewing in your own juices...even if you are so in denial you don't realize it...but oh well...no surprise. :)
Frank/O'Reilly
I was cheering that Bill is BACK! I've been fit to be tied over his lingering lethargy for the last period of months, and have written to complain, too.
There's a lot more on the web about Barney Frank and how filthy he is (in more ways than 1) this whole thing. He should've been put in jail along with Chris Dodd and Palsen, etc. Barney Frank's former lover worked for this outfit before they split many years ago. I've read so much on it that I don't recall which place I read it, but obviously you won't find any of this investigative stuff on the driveby channels. Even FNC doesn't put some stuff out there, which ticks me off. But I find it, anyway between the conservative blogs, sites, talk radio, etc. And these sources can be easily checked, so the libs can throw all the hissy fits they want. If they honestly think it's okay to give literally ANY party a free pass just b/c it has your letter or preference behind it, that's just nuts! I'm dying to clean out the RINOs in "my" party. They don't belong there.
Uh Barney Fife was on Mayberry RFD
Are you speaking of Barney Frank? The Congressman from Massachussetts?
Just because it has been going on by both parties does not make it okay.
Oh, I agree completely.....just mentioning Barney
None of them should be "fixing" anything....they created the mess and I sure as heck don't trust them to fix it. Since when has the government fixed anything?
There should be outside auditors come in, chosen by private citizens, NOT the government, not the politicians' friends or family members, but private CPAs to oversee this.
The government should not be taking any of our money. I say let the chips fall where they may and all this fear Bush and everyone else tries to place in the minds of the people is just that....talk. Give it a year or so and it will right itself automatically and purge itself of the crooks.
If you think for a minute the world economy will fall because of it, that's the fear they're hoping to put in your head to make you think this is the only choice left OR ELSE!!
Other countries have firm good banks and will continue their business as usual, as will solid banks in this country.
My gosh, just today the Bank of Scotland is now putting out ads for your banking needs. It's an investment opportunity for many.
Wonderful. Bernanke, Pelosi, and now Barney Fife want
another stimulus package. "Stimulus should exceed 1% of the GDP."
He also says banks should be encouraged to write down mortgages. As for the $700B package, they got a terrible job loss number the same day and that it should soon start working. This fund would start buying into the banks soon. He was very upset that the first $250B was given away and $125B went into buying large banks and $125B went into buying into small banks.
Keynesianism??? What's that? Sounds like a new language to me. It's one of the words he uses.
I certainly don't think there should be another stimulus package. The first one didn't work. How can the second one be any better?
If you go there, please include Pelosi, Reid, Frank, Obama, McCain....the list goes
You can't be selective. If you insist on putting blame for the current situation our country is in, you must put the blame on each and every person that was a part of it.
To a great extent, it is Frank's fault, previous poster correct.
Barney Frank and the rest of the democrats in charge of Congress now, will be laughing at you, too....at all of us.
As if you would listen. I might as well
nm
Don't listen to him either
I put him in the same boat as Rush, although I have to admit not as bad as Rush. Some of Savage's ideas I like, some I don't agree with. I like how he takes someone who is spewing utter garbage and puts them in their place with facts to back it up. He is pretty smart in that regard. Once we heard him and some caller was going on and on and Michael Savage told him he didn't know what he was talking about. They guy was getting so irate and Savage called him a rabbid dog foaming at the mouth then hung up on him. I can't tell you how hard we were laughing in the car thought DH was going to drive off the road.
I'll tell ya though. If I'm in the car and they are on the radio we will listen to them. We do take everything with a grain of salt because they all have motives.
Listen,
I was NOT the one who posted this. Someone else made that connection and posted it, or they were a reader and are bringing it up again. To give them the benefit of the doubt, I posted the link so they could see the issues and everybody up in arms about a simple word post, to try and quell the discussion, GOD forbid they attack that OP like you all did me. My post was about the names and letters in the names and NOTHING trying to link the two. JUST a name. Get over it.
I already apologized for offending anyone. Get over it.
By the way, maybe YOU should apologize for calling your fellow MTs "stupid" in your post. That's real nice. Any intelligent person can make their own mind up when it comes to the candidates, and they are not going to base it on their name. That would be ignorant of them, now wouldn't it?
No sam, listen to me. I am only going to say...sm
this one more time and then I will give up. Last week when Bush presented the initial bill, wonder of wonders, would you believe it, the democrats where anxious to prove they were bipartisan and could have passed the bill he requested, not agreeing with everything but trying to come together for the good of the country. The republicans said no, we want some input, dems agreed and the conditions were added that the repubs asked for, now they are voting against a bill that has what they asked for in it, a bill that their republican president is asking for.
No one will listen until something happens to them. sm
They also rely too much on mainstream media instead of independent media. The media plays a huge role in keeping people divided, distracted, and deceived.
You are right, BT, listen up on the
to go will be the talk radio shows like Glenn Beck, Laura Ingrahm, you know the ones. The ones who have the audacity to mention the God word and other stuff like that.
Okay, listen up.
These people just got new jobs, just got their salaries, most probably top salary for them.
I know I don't make $100,000 or more a year.
And yet his first day, he is freezing their pay.
What is wrong with this scenario, you might ask?
What for it....
No one probably gets a raise for at least a year anyway or more.
This is just a ploy, to satisfy us little peons in the moment.
Good grief. Get real people.
Oh, so you were there to listen? Really now
nm
If you listen all the way to the end.......... sm
he talks about starting a tae party in Chicago and basically inviting anyone who wants to be a part to attend. At least, that's the jist I got.
Listen to this guy. sm
He is a Iraq war vet giving a speech at a freedom rally. He is a great speaker, and sounds like he could be a future leader.
http://www.youtube.com/watch?v=PbOp_9VfR6o
So because I would listen to a gay
person's music....that instantly makes me accept a lifestyle that I find to be disgusting? That just doesn't make sense. For someone who preaches God's Word and claims to live by them, you seem to have no problem judging someone for their sins. You think people should hide their sins because they are ashamed of them but you can't hide your sins from God. The only thing you can hide your sins from or at least try to hide them from are other people and that just makes you a hypocrit in my book. Yes, we lead by example but we also have to show people that we too make mistakes and can overcome that. Hiding our sins just makes us fake.
If a gay person puts out a good song....I'm going to jam to it and that doesn't mean I condone their lifestyle.
I already suggested that but maybe she will listen to you. nm
I listen to my own soul
I dont speak for other people. I speak for myself..If others do not agree with me, great, that is the beauty of America..they have that right..I do not walk in lock step like brainwashed republicans do. I choose what party to belong to, whom to vote for, how to believe..It is all up to me.so other democrats do not agree with me? Wonder how you have the inside on how other democrats believe..however, that is okay..they can believe any which way they want..
Listen, GIRLFRIEND....
No I am not kidding you. They may have fought him tooth and nail on everything, but what got passed got passed because they voted it in. Bill Clinton in and of himself did nothing except cigar toast Monica Lewinsky and bomb an aspirin factory. He alone could do NOTHING. Why you cannot get that, I don't understand. You need to get a library card and USE it and look at how the federal government actually works. And as to impeaching him...if those same Republicans had voted like they SHOULD have, he WOULD have been impeached, and you can thank them for THAT TOO, "girlfriend." And impeached he SHOULD have been! He BROKE THE LAW. He committed felony perjury. Lied under oath. A crime in all 50 states. Look THAT up in the library as well.
I do not dispute that...listen to what I am saying...
if he honestly did not want to be portrayed in that way, why would you he use an elaborate rock star set for his speech? JFK spoke to a huge crowd too but it didn't look like a Hollywood production. If he wants people to think he is just one of the guys, why not dial it back a notch? That is all I am saying. I am not saying he has to "say" anything. Actions speak louder than words. It is the fact that he keeps denying he wants that status and acts completely the opposite. As far as hs ability to run the country...that has been in doubt with me for a long time and has nothing to do with his rock stariness.
I don't know what George Clooney has to do with it...or what the title sexiest man in the world has to do with it...?
They wont listen anyway, Sam.
nm
okay peeps -- listen up, anyone not
thread below, just check this synopsis.
Sam thinks that no one is blaming the dems enough for this situation and it's not fair to the pubs that they don't get their fair share of lynching.
Everyone else is more concerned about the effects of this economic crisis on their lives.
Maybe you should listen to what your own candidate said about
him when he was pressed. He said 'he is NOT a socialist, he is NOT a Marist, he IS a good man." With that from McCain's own mouth, looks like you could at least agree with your own candidate and get over it.
Don't you listen to him talk every day? sm
Try googling his speeches and press conferences of late, specifically that "it's going to get worse, before it gets better" type of thing. He is "warning" us daily of how bad things are and are to come, especially if we don't pass all his plans and policies ASAP.
It's all a ruse, to enact all his social programs under the guise of fear. We can pay the bill later, doncha know.
Child, listen up.
You have no idea who you are talking to, yet you seem to believe you know all about me. I have voted in 12 presidential elections in my lifetime, the first one being when Barack Obama was 8 years old. I've been active in politics for nearly 45 years, take my vote very seriously and keep myself well informed on all issues from both sides of the aisle.
Your simplistic dismissal of the jobs loss problems as being atrributable to the illegal immigrants only demonstrates how superficial your understanding is on the subject and speaks volumes about the sources for your information. You, my dear, are the follower, not me.
My support of Obama is based on the emergence of the right man at the right time for the job. I did not cast my vote this time around on my own behalf, like years past. This time, I did it for the sake of my son and the kind of world in which I want to see him live out his years and I can assure you, I do not envision that world being handed over to the divisionist viewpoints you have expressed where its okay to single out any given group on which to dump responsibility where it does not belong.
Then again, how man of us really listen to Joe Biden??? .....sm
He may have great foreign policy experience and lots of years in the Senate, but this man, nice as he might be, has hoof and mouth disease. I hold my breath every time he opens his mouth, he spouts off all the time without thinking...dangerous!
This is the man the pubs listen to.
Beck began his radio career when he won a local radio contest to be a DJ for an hour, and was eventually granted a part-time job. He hosted Christian radio on Saturday, rock on Sunday and country on weeknights. In the mid 80s he worked at WRKA radio in Louisville, Kentucky as a morning-drive DJ. His show was called Captain Beck and the A-Team.
After graduating from high school, Beck pursued his career as a Top 40 DJ. By the time he was in his 20s, Beck was on WKCI-FM (KC101), a Top 40 radio station in Hamden, Connecticut, hosting the local morning show with Pat Gray. Originally the show was billed as the Glenn and Pat Show. When Gray left the show, Beck continued with co-host Vinnie Penn. While working in Connecticut, he appeared and sang background vocals on The Delrays' Red, White and Blues CD, a fund raising effort by then Governor John Rowland produced by guitarist Tom Guerra. The CD was well received and was promoted by a series of live appearances.Years later, he began to explore the world of talk radio with a three-hour program on KC101's sister station, WELI. Beck then worked at Tampa, Florida's WFLA-AM and launched The Glenn Beck Program during the afternoon drive, filling the slot held by Bob Lassiter after the station's new owners, Clear Channel, fired him. Beck hosted the new radio show, combining politics and comedy. In the first year, The Glenn Beck Program moved from 14th place to the #2 position.
His theme song back in the Tampa days was a copy of the song, "AM Radio" by the band Everclear. "You got Glenn Beck on your AM radio... AM radio."
Within 12 months, Premiere Radio Networks offered Beck the opportunity to go national. In January 2002, The Glenn Beck Program launched nationally; by May 2008, it had reached over 280 stations as well as appearing on XM Satellite. With over six and a half million listeners, it was ranked 4th in the nation.[2] In January 2006, CNN's Headline News announced that Beck would host a nightly news-commentary show in their new primetime block Headline Prime; the show, simply called Glenn Beck, began in May 2006.
On November 5, 2007, The New York Times reported that Premiere Radio Networks was extending Beck's contract. Two sources with knowledge of the deal said the five-year contract was valued at $50 million.[citation needed]
On July 21, 2008, Beck filled in for Larry King on the show Larry King Live.[3]
In 2008, Beck won the Marconi Radio Award for Network Syndicated Personality of the Year.
On October 16, 2008, it was reported by the Drudge Report and The Politico that Beck has signed a contract with the Fox News Channel to host a weekday show at 5pm ET beginning January 19 2009, as well as a weekend version. Because of his new deal, CNN immediately discontinued the show on October 17, 2008 and replaced it with a news hour anchored by Jane Velez Mitchell.
Is this the best this goofball has to offer you pubs...pitiful doesn't begin to cover it!
Okay, listen up - see message
You and others never once credited Bush with the good things he did. Believe it or not there was good he did in his Presidency (one example is finally getting my (and and many others) tax bracket down from 38% that was in when the Clinton (democrat president) was in office to 23%. Now that Obama is in my taxes are starting to skyrocket and I'm getting back up into the high 30 percentage again, unfortunately my pay hasn't gone up though. Like Obama, Bush walked into a "boatload of crap" that was left over from the Clinton administration. Sure he was not perfect, no man is perfect. He made mistakes - what man has never made mistakes. But he tried the best he could. Why didn't any of you give him a chance? You were too quick to condemn him. There is much he did I didn't agree with, but he was our President, and like you say "get over it".
What I am seeing here is anytime someone says they don't agree with an issue that's happening they are called racists or Obama bashers. We are not Obama bashers or racists, we are loyal United States Patriots concerned about our future, our children's future, our jobs, or homes, our lives. You think everyone is supposed to be happy happy joy joy about seeing the country being destroyed and not say anything??? This has nothing to do with the Captain incident, this has everything to do with the direction (dark hole) he is taking our country. When I see my job and my friends jobs going away, when all the campaign promises he promised us he is going back against (which none of you will ever comment on that), yeah we're pretty upset. You think we should all just walk out of our homes, and just go sit on a street corner hoping someone will throw us some change so we can get something to eat and be happy about it?
I didn't see the show with Newt Gingrich, but you know what, talking about the new dog is a stupid thing to talk about on a show when most Americans who are very concerned and upset about what is happening and how that is going to affect our lives - well you know what, we give a rats you know what on what kind of dog or what they name the dog. They want to have a dog, fine, who cares. Most Americans trying to save themselves from being foreclosed or losing their jobs do not care about the dog. Just like we didn't care about the first President Bush's dog. Obama wants to write a book about his dog, fine, but I don't tune into the Sunday political shows to listen about their pets.
You are mistaking "contempt" with "concern about our futures".
We are wanting to talk about the direction our country is going, issues, the mistakes that are being made and how can they be fixed. The damage being done to our country. If you don't like it - too bad!
Well I just had a chance to listen
to this and you kinda misrepresented what he said. Surprise surprise.
He said he hated about 10 people out of the 3000 plus 911 victims' families who won't stop complaining, then he compared the people in New Orleans who were making it hard on everybody else there by not cooperating to those same type of people who are never satisfied no matter how much people are trying to help them.
I completely agree with everything he says on this. I never really felt sorry for the people in New Orleans who refused to leave when they knew way ahead of time that a disaster was looming.
So what? And to not let your daughter listen to
How bigoted is that? Children should be taught tolerance, not HATRED.
Wow - people in this country actually LISTEN
ugh. DOUBLE ugh.
No one would listen and he is not an option anymore sm
I started preparing and investing in sound money 2 years ago because of him. My silver may end up being worth $200 an ounce and all the Federal Reserve Notes will be worth the same as Monopoly money. We all knew this was coming and it is going to get worse. Note the date:
Congressman Ron Paul
U.S. House of Representatives
July 16, 2002
Mr. Speaker, I rise to introduce the Free Housing Market Enhancement Act. This legislation restores a free market in housing by repealing special privileges for housing-related government sponsored enterprises (GSEs). These entities are the Federal National Mortgage Association (Fannie), the Federal Home Loan Mortgage Corporation (Freddie), and the National Home Loan Bank Board (HLBB). According to the Congressional Budget Office, the housing-related GSEs received $13.6 billion worth of indirect federal subsidies in fiscal year 2000 alone.
One of the major government privileges granted these GSEs is a line of credit to the United States Treasury. According to some estimates, the line of credit may be worth over $2 billion. This explicit promise by the Treasury to bail out these GSEs in times of economic difficulty helps them attract investors who are willing to settle for lower yields than they would demand in the absence of the subsidy. Thus, the line of credit distorts the allocation of capital. More importantly, the line of credit is a promise on behalf of the government to engage in a massive unconstitutional and immoral income transfer from working Americans to holders of GSE debt.
The Free Housing Market Enhancement Act also repeals the explicit grant of legal authority given to the Federal Reserve to purchase the debt of housing-related GSEs. GSEs are the only institutions besides the United States Treasury granted explicit statutory authority to monetize their debt through the Federal Reserve. This provision gives the GSEs a source of liquidity unavailable to their competitors.
Ironically, by transferring the risk of a widespread mortgage default, the government increases the likelihood of a painful crash in the housing market. This is because the special privileges of Fannie, Freddie, and HLBB have distorted the housing market by allowing them to attract capital they could not attract under pure market conditions. As a result, capital is diverted from its most productive use into housing. This reduces the efficacy of the entire market and thus reduces the standard of living of all Americans.
However, despite the long-term damage to the economy inflicted by the government’s interference in the housing market, the government’s policies of diverting capital to other uses creates a short-term boom in housing. Like all artificially-created bubbles, the boom in housing prices cannot last forever. When housing prices fall, homeowners will experience difficulty as their equity is wiped out. Furthermore, the holders of the mortgage debt will also have a loss. These losses will be greater than they would have otherwise been had government policy not actively encouraged over-investment in housing.
Perhaps the Federal Reserve can stave off the day of reckoning by purchasing GSE debt and pumping liquidity into the housing market, but this cannot hold off the inevitable drop in the housing market forever. In fact, postponing the necessary but painful market corrections will only deepen the inevitable fall. The more people invested in the market, the greater the effects across the economy when the bubble bursts.
No less an authority than Federal Reserve Chairman Alan Greenspan has expressed concern that government subsidies provided to the GSEs make investors underestimate the risk of investing in Fannie Mae and Freddie Mac.
Mr. Speaker, it is time for Congress to act to remove taxpayer support from the housing GSEs before the bubble bursts and taxpayers are once again forced to bail out investors misled by foolish government interference in the market. I therefore hope my colleagues will stand up for American taxpayers and investors by cosponsoring the Free Housing Market Enhancement Act.
What about his reverend? Did you listen to him? No one made that up (nm)
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Do you even listen to what he says? It's obvious you are misinformed! nm
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