There'll Be A Certain Amount Of Fantasy Here Tonight! Congressman Barney Frank

http://MOXNews.com/
December 09, 2009 C-SPAN

Category:

News & Politics

Tags:

• Congressman
• Barney
• Frank
• bank
• bailout
• insurance
• hr4173
• bill

[burnpoi86]

look at the woman behind mr. rubble updating her facebook on her blackberry. this is the kind of attention the congress gives each other. its like study hall in highschool.

[boots920]

But you never made any point of debate , only ridicule . Makes sense why only fools ridicule.

Perfect example the gold price :

Gold is money the US dollar is world reserve or should be as good as gold. But that ended in 1971 its takes a while but the market will eventually make the adjustment of gold is money. That's why it going up in world reserve currency because the central is counterfeiting money to pay for war.

You find that something to ridicule , we're toast dude sooner or later.

[xTheOxx]

I'll refer you to my previous answer to explain why you're not worth a more lengthier response.

[whoo689]

Uh, Frank, last time I checked, receivership is just another fancy word for nationalization. And yet, a sentence before that, you say "it dies." Which is it, corporate death or socialism?

[whoo689]

Why does Congress think the gov't will somehow be able to better manage these firms that go under?? Will any former businessmen with actual private experience who know how to run businesses right be in these new agencies designed to regulate? Probably not.

[whoo689]

There's certainly room for some regulation, but do we really need 1400 pages? That's about 2/3rds the size of the healthcare bill! Just let the financial firms fail, go bankrupt and allow the better financial institutions buy the assets. It really is THAT simple. It's not like the world ends when a corporation goes into bankruptcy. And sometimes bankruptcy is just a way to get out of debt, not necessarily "going out of business."

[whoo689]

I fear that this bill, by trying to micromanage the financial sector, will only come back to bite us in the ass. I mean, Barney Frank bitches about bailouts, but then he ADMITS with glee that this bill will alow the gov't to TAKE OVER failing financial institutions that "threaten the financial stability"?? How the hell is nationalization that much diff. from bailing them out? It's still gov't helping them survive. You're just playing semantics, Frank.

[boots920]

See buddy doesn't respond ?

[helltrackrider]

only two branches of Congress are "Party" oriented...

anyways, to blame any economic meltdown on the "Republican Party" alone is narrow...try seeking to blame the ones at true fault; any congressman/President who has ever proposed or signed any bill that gave government power to control the economy...try the Federal Reserve, created under Democratic control of the two parties...Try leaving the Gold Standard...try our Social Society...try our warfare state since WW1...try these, they work.

[helltrackrider]

That Lady (man?) behind him keeps checking out Barney's backside.