Barney Frank: Big 3 Will Need Lots More Money (admits it may run into "HUNDREDS of billions")

RedState.com ^ | 11/19/08 | Brian Faughnan

[AlaskaErik]

The Big 3 don’t know why they are in trouble, don’t know what they are doing now, and have no idea how to get out.

They know their biggest problem is the unions. They just don't have any strategy on how to deal with the unions other than caving when the unions go on strike. There's a reason why Japanese car manufacturers don't have factories in Michigan.

[kinghorse]

no!

We are being asked to fund 50 year old retiree’s pensions. NO NO NO NO@!@! I don’t plan to ever retire so to hell with them. Go get another job if your company can’t pay your pension.

The best part? I heard there is a Pension FDIC now. I give up on this lazy socialist country.

[widowithfoursons]

Just wondering if Barney’s estimate could be based on his promised cut.

[kinghorse]

This just in. They are taking our snark to the bank and cashing it in. Smiling all the way. They think, go ahead and blog your anger, we are in the streets kicking ass and taking names. And they are.

Expect a gay marriage national act soon. Maybe I should divorce my wife and help a rich Syrian fundamentalist islamic get citizenship by going over and offering my hand in marriage. We’ll pretend to be gay, what the hell. I’m sure he’ll pay me handsomely to get him in. Might as well make it into a payday.

[dbz77]

I wonder if Mr. Frank will give me a million so I can use it for blackjack and craps.

[Dust in the Wind]

BTTT

[PghBaldy]

We cant have an economy without the financial system...We can without the automakers.

[monkeyshine]

If, on March 31, the president does not believe that this is going to get them the viability with energy efficiency cars, they have to repay the loan; they get no more money.

Effectively making the President the CEO of Ford and GM.

[4Liberty]

[Dustbunny]

Yep, it is was not all Democrats all though they are to blame for the housing mess, started with Little Jimmy Carter, then William Jefferson Clinton and his gang. Can't leave out the current Democrat controlled Congress for the balance.

The RINO'S also put in for as much 'PORK' as they could get.

I personally think it was a plan put in place to destroy the ability of Republicans to win elections. Also think that Chuck Schumer started the ball rolling this current election when he cried 'Fire' on a certain bank failing, causing a rush on said bank.

Unfortunately, in the manipulations of our financial system with bills that all but destroyed our lending institutions, they have caused an almost total collapse which we could recover from if they would just keep their fingers out of the pot.

Of course higher taxes and more baleouts are not the solution, they never are. Now everyone has their hand out hoping that the treasury will just print more worthless paper money. The dems will do it anyway as they think they can now manipulate us out of the mess they manipulated us into.

[Antoninus]

This is what happens when you re-elect the losers who caused the problem in the first place.

It's the very definition of insanity.

[Arizona Carolyn]

yeah, but the sheeple voted the crooks into total power.

[Dustbunny]

Not all of us did.

[ClaudiusI]

My thoughts exactly.

[smokingfrog]

(except that it would be a waste of good bronze)

[pray4liberty]

How on earth did this ingrate get re-elected to office?

I have a theory that the Lord has removed the good from D.C., because He plans to judge the place!

[pray4liberty]

How on earth did this ingrate get re-elected to office?

I have a theory that the Lord has removed the good from D.C., because He plans to judge the place!

[pray4liberty]

How on earth did this ingrate get re-elected to office?

I have a theory that the Lord has removed the good from D.C., because He plans to judge the place!

[roamer_1]

Let them eat cake.