Barney Frank is being quite candid

[Anonymous]

And not a fan of a lot of people, apparently.

I like it when people leave politics and stop censoring themselves


http://www.slate.com/articles/news_and_politics/interrogation/2016/03/barney_frank_is_not_impressed_by_bernie_sanders.html

[Anonymous]

Interesting piece. Thanks for sharing it.

[Anonymous]

I was just bitching about the Dems lazy ass voting behavior as the root of our problems in another thread today. Way to nail it, Barney!

[Anonymous]

Barney's just bitter that he never had a shot at the upper chamber.

[Anonymous]

Anonymous wrote:Barney's just bitter that he never had a shot at the upper chamber.

I think it's more like Barney is like all out of fucks and tells it like it is.

[Anonymous]

Not that any of this is really new for Barney...

[Anonymous]

Anonymous wrote:

Anonymous wrote:Barney's just bitter that he never had a shot at the upper chamber.

I think it's more like Barney is like all out of fucks and tells it like it is.

Exactly. He's pretty spot on in that piece.

[Anonymous]

Nothing new at all here.

[Anonymous]

Surprise, surprise, he supports HRC and, um, ooooo, what's the name of that legislation again? Oh, yeah, Frank-Dodd.

Otherwise, yup, he's a funny guy.

[Anonymous]

Anonymous wrote:Surprise, surprise, he supports HRC and, um, ooooo, what's the name of that legislation again? Oh, yeah, Frank-Dodd.

Otherwise, yup, he's a funny guy.

LOL. No, he has no horse in this game. Which is why I tend to believe what he says

[Anonymous]

Barney Frank is not worthy of comment. He enabled the worse financial recession since the great depression.

September: Then-House Financial Services Committee Ranking Member Barney Frank (D-MA) strongly disagrees with the Administration's assessment, saying "these two entities – Fannie Mae and Freddie Mac – are not facing any kind of financial crisis … The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing." (Stephen Labaton, "New Agency Proposed To Oversee Freddie Mac And Fannie Mae," The New York Times, 9/11/03)

He protected these criminal enterprises from any normal regulation. regulatory capital of less than 2.5% f'cking insane

Minimum Capital. The minimum capital standard requires us to hold an amount of core capital that is generally
equal to the sum of 2.50% of aggregate on-balance sheet assets

see - http://www.freddiemac.com/investors/ar/pdf/2007annualrpt.pdf

it is a crime what happened and IS STILL HAPPENING and Barney was a key player!

[Anonymous]

Anonymous wrote:Barney Frank is not worthy of comment. He enabled the worse financial recession since the great depression.

September: Then-House Financial Services Committee Ranking Member Barney Frank (D-MA) strongly disagrees with the Administration's assessment, saying "these two entities – Fannie Mae and Freddie Mac – are not facing any kind of financial crisis … The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing." (Stephen Labaton, "New Agency Proposed To Oversee Freddie Mac And Fannie Mae," The New York Times, 9/11/03)

He protected these criminal enterprises from any normal regulation. regulatory capital of less than 2.5% f'cking insane

Minimum Capital. The minimum capital standard requires us to hold an amount of core capital that is generally
equal to the sum of 2.50% of aggregate on-balance sheet assets

see - http://www.freddiemac.com/investors/ar/pdf/2007annualrpt.pdf

it is a crime what happened and IS STILL HAPPENING and Barney was a key player!

2003?!

I guess that cancels everything out!

[Anonymous]

I am disappointed by the voters who say, “OK I’m just going to show you how angry I am!” And I’m particularly unimpressed with people who sat out the Congressional elections of 2010 and 2014 and then are angry at Democrats because we haven’t been able to produce public policies they like. They contributed to the public policy problems and now they are blaming other people for their own failure to vote, and then it’s like, “Oh look at this terrible system,” but it was their voting behavior that brought it about.

THIS.

[Anonymous]

Anonymous wrote:

I am disappointed by the voters who say, “OK I’m just going to show you how angry I am!” And I’m particularly unimpressed with people who sat out the Congressional elections of 2010 and 2014 and then are angry at Democrats because we haven’t been able to produce public policies they like. They contributed to the public policy problems and now they are blaming other people for their own failure to vote, and then it’s like, “Oh look at this terrible system,” but it was their voting behavior that brought it about.

THIS.

Oh yes. I feel like I should have this as my motto. I want to see all of these Bernie bros fighting as hard in all of the elections. I want them to stay fired up!

[Anonymous]

contrite Barney Frank

In an interview on Larry Kudlow's show in August 2010, he said "I hope by next year we'll have abolished Fannie and Freddie ... it was a great mistake to push lower-income people into housing they couldn't afford and couldn't really handle once they had it."

never to be seen again,


Of the 19.2 million subprime and low quality loans that were on the books of government agencies in 2008, 12 million (about 62%) were held or guaranteed by Fannie and Freddie

http://www.theatlantic.com/business/archive/2011/12/hey-barney-frank-the-government-did-cause-the-housing-crisis/249903/