Tag Archives: Barney Frank

May 1 2010

VIDEO: Barney Frank Blames Tom DeLay for the housing crash (What a laugh)

Barney Frank is just one of the democrat criminals responsible for the housing crash and isn’t it funny that as the president election was in its last couple months that this crisis came known to us the American people, that’s right just as McCain pulled ahead of Obama in the polls. Sure worked out good for Obama who we still don’t know who he really is except that he’s a far left radical president! I have a good feeling about what will happen in the November elections when we send many of the democrats home for good! I can truly say we need a change!

LINKS:

(1) Who made money off SEC/Goldman Sachs announcement? By Michelle Malkin

Jul 8 2009

Federal Government Was Culprit in Housing and Economic Crisis

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The report talks about the Clinton administration’s National Homeownership Strategy, citing President Clinton’s directive to “lift America’s homeownership rate to an all-time high by the end of the century.”

The Clinton strategy further said that Freddie and Fannie should reduce down-payment requirements and, according to the report, “called for increased use of ‘flexible underwriting criteria,’ which it said could be achieved in concert with ‘liberalized affordable housing underwriting criteria.’”
 
“That is the perfect smoking gun that tells how Barney Frank [D-Mass.], the Clinton administration and others would do it in those days,” Rep. Darrell Issa (R-Calif.), the ranking member on the House Oversight and Government Affairs Committee, said Tuesday in a speech at the Heritage Foundation. Click Source to read more.

The truth is starting to come out, and now Obama is making it worst with his big spending policies!

LINKS:

(1) Barney Frank Looks To Steal TARP Money

(2) Document drop: Porkulus One is a failure, so let’s do it again! By Michelle Malkin

Mar 28 2009

UPDATE – Rahm Emanuel’s Ethics (Freddie Mac)

UPDATE: Link gives more details about Emanuel at Freddie Mac!

Rahm Emanuel’s profitable stint at Freddie Mac

Sean Hannity: We already knew Democrats like Barack Obama, Chris Dodd, Maxine Waters and Barney Frank had received loads of money from the very banks responsible for our financial turmoil. Now, White House Chief of Staff Rahm Emanuel is joining their ranks.

The Chicago Tribune reports that Emanuel raked in $320,000 from failed mortgage giant Freddie Mac over a 14-month period, during which time he served on the company’s board. According to the Tribune, on Emanuel’s watch the board was told by executives of a plan to use accounting tricks to mislead shareholders about outsize profits the government-chartered firm was then reaping from risky investments.

And let’s not forget that Emanuel’s boss, the president, was the No. 2 recipient of Fannie and Freddie funds in the entire Senate — no easy feat. So when you’re looking to for a place to send complaints about the current fiscal crisis, you can send them directly to 1600 Pennsylvania Avenue.
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From what I hear is that Sean Hannity will be broadcasting live from Atlanta, Georgia on the day of the Tea Party which is  15 April. He also said there would be reporters around the country at the other Tea Party Protest Rallies! This will be the time to get our voices heard loud and clear!

LINKS:

(1) Hypocrisy, thy name is SEIU