Hearing on Mortgage Foreclosures: Frank's Opening
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In the 90's Pres Clinton with Republicans such as Phil Graham wrote and passed laws to erase the Glass Stiegal act. When that went away-investment banks intermingled with traditional banks. So now the FDIC has to be not just for commercial banks but also finance banks and this was a huge cause of what happened-what he spoke of is retracement and it is a natural thing to happen in every economy-also known as a recession
daveme7 5 months ago
@nhnt88 actually hitler killed off the leadership of his socialist party.. Thats what a dictator does. No one but one can be a leader at least in the mind of a dictator.
bigrebnc1861 1 year ago
@jfeinhandler really? i thought the economy was already in a decline while Mr.Bush was president (not saying that it was his fault).
nhnt88 1 year ago
@HalRogers2000 Ummm.... actually, Hitler was fascist, he hated socialism. :S
nhnt88 1 year ago
Barney Frank, Obama and ACORN made the bubble what it was. They FORCED banks to give loans to people with bad credit and reduced income.
OBAMANOMICS at its best and now the fox is watching the hen house.
Oh I know lets let them mess with my doctor next.
jfeinhandler 2 years ago
what's worong with america WATCH VIDEO
Mr99Burns 2 years ago
Massachusetts what the hell are you doing, stop sending assclowns to Washington. dont you know you've been getting Punked for the last 30 years, you have to be one of the dumbest states in the Union., where do you find these pieces of human excrement...Frank, Kerry, and don't forget about Teddy (lard ass) Kennedy.
Mrcharliebobo 2 years ago
this clown is so bent that he cant even speak
BeantownJim 2 years ago
Barney Frank is a self-serving, pompous, lying sack of S*&( that promoted the very behavior that caused the economic collapse he is now attempting to blame on others.
Can some liberal name a single thing Obama has accomplished ?? I'll give you "community agitator" and slick smooth talker, aside from that, anything else? PS: Hitler also inspired a nation, to what end ? National Socialism. And you think it can't happen in the USA? Think again. Democrats have ONE objective - Power at any cost.
HalRogers2000 2 years ago
Acorn and fraudulant voter registration plus these clowns brought this country down
BeantownJim 2 years ago