Chairman Frank - We've Got A Double Whammy

Chairman Barney Frank's opening statement at a Financial Services hearing reviewing the Industry Plans to Stabilize the Financial Condition of the American Automobile Industry. For more information on the hearing, visit: http://www.house.gov/apps/list/hearing/financialsvcs_dem/hr120508.shtml

Category:

News & Politics

Tags:

• UAW
• Ford
• Chrysler
• GM
• Congress
• Barney Frank
• Autos
• Economy
• Job Loss
• Democrats

[judyleasugar97]

Barney Frank has integrity. Go Barney.

[wbtaylor1]

A question to ANYONE in Mass. Why do you vote for jokers like this guy and Sen Ted Kennedy? How can you people support these kind of crooks knowing that the rest of the nation laughs at you. They are freaks, liers, cheats, thieves, and just

[Jonboi713]

I want to ask the closeminded fucks what would you say if Mr. Frank was heterosexual? Would you call him Barney Breeder? would you say he was too busy eating out a vagina? Seriously, get over yourself. Being gay has NOTHING to do with his job.

[viletantrum]

I'm not kidding myself. These Demoncrats get away with way too much! I remember them marching in numbers up to their podeums and complaining about how it's the American dream to own a home and how the average American should not be held back from owning a home just because of their financial situations.

[MagellansUnderwear]

don't kid yourself. flipflopping and doublespeak are in the job descriptions of all politicians. The wonderful thing about the Internet age is that it is damn near impossible to get away with it anymore, as anything you say will never dissapear and there are millions of people who have equal footing on which to call BULLSHIT!

[viletantrum]

This fuck caused the housing problems. He needs to take the cock out of his mouth and learn how to use his common sense!

[skalami0]

How informed are you? You state a risky move is foreclosing on a house rather then negotiating with someone that hasnt paid in months. The risky thing is making the loan in the first place. What happens when someone cant pay is a straight by the books affair if you dont have the cash or proofof cash you cant keep the house. The bank is borrowing the money too and it needs to make payments as well the borrowers word is no longer good at that point.

Now the Govt has stepped in to bridge the gap.

[skalami0]

you know im right when you resort to coming off like a child with the name calling. Lets be blunt? You think someones paying me? Repeat what ignorant BS? Tell me correctly what happened then instead of just insulting me. How informed are you if you cant even explain what youre talking about. And dont copy and paste now.

[skalami0]

The banks were forced to make these loans and they figured out away to get the loans off of their books to get fresh cash so they stopped caring about the risk involved and the Govt whether they saw this coming or not (i believe some did Barney Frank who back in 05 got mad at a whistle blower who brought up this problem he said they were looking for a problem where their wasnt one) didnt want to step in and be the one to stop low income people from buying houses and commit political suicide.

[daderone]

I'll make it real short and sweet for you ok cupcake? You've been full of shit since you wrote your first comments and you're full of shit now.

Now lets be blunt, either you're getting paid some serious cash to spout of and repeat the ignorant bs you've been regurgitating, you lie for fun or you are dumb as bricks.

To be honest I don't have a preference which it is but don't tell me to look shit up that I'm more informed on the you are. Thanks bye.