Barney Frank gives advice to Republicans on Iraq, Fannie Mae, Freddie Mac etc..
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This video is a response to Democrats were WARNED of Financial crisis and did NOTHING
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What a douchebag. Good riddance. He should be in jail
chrisdj614 3 months ago
@chrisdj614 Bush, Cheney, AIG people and Goldman Sachs people should be in jail. And a whole bunch of subprime mortgages originators.
Ralphdraw3 3 months ago
@Ralphdraw3 Amazing you mentioned no Democrats. How about Barney Frank, Chris Dodd and the President who started the push to lower mortgage standards Bubba Clinton. The Bush administration warned congress about 4 times about problems with Fannie/Freddie. Three months before the meltdown ol' Barn said they were doing "just fine". Dodd got a sweetheart loan and Frank had more lobbyists courting him than there were johns in and out of that male prostitution ring that he once had in his house.
chrisdj614 3 months ago
@chrisdj614 Banks determine their own interest rate policies - hence the exploding adjustable rate mortgage and the usury credit card interest rates of 20% or 30%. BTW the Republicans, controlling the House, the Senate and the Presidency had 6 years 2001 to 2006 - ample time - to correct all the wrongs of Frank and Dodd. The Republican Congress of 2001 - 2006 could have corrected the problems that Bush was concerned about.
Ralphdraw3 3 months ago
As smart as barney is, he's completely clueless about economics.
rgiblin6 7 months ago
@rgiblin6 In what way?
Ralphdraw3 7 months ago