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Rep. Frank: New FDR-style New Deal Financial Regulations 'Guaranteed' by Summer
NewsBusters ^ | February 12, 2009 | Jeff Poor

Posted on 02/12/2009 10:26:24 AM PST by Rufus2007

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To: Rufus2007

We should disallow personal relationships between regulated industries and Congressmen.

We should institute risk curbs on publicly advantaged lenders.

We should require bank lenders to institute sound lending practices.

Of course these steps would mean Bawney Fwank can’t bang Fannie Directors, force Fannie & Freddie to take more risk and trash bank lending standards.

Look in the mirror Bawney. You ARE the problem.


21 posted on 02/12/2009 10:51:12 AM PST by Uncle Miltie (This is not an Administration. It is a Sitcom.)
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To: dalereed; anyone
Every time I see Frank's fag ridden face on TV lording it over the private sector CEO's, etc it makes me ill.

This whole thing started with the housing/lending fiasco which was brought to Frank's attention multiple times over the years, and he continued to let it grow and grow with bad loans being bought by Fannie and Freddie while he and his friends pocketed billions.

It's his and the democrat/liberal's fault.

The congress has been democrat for 2 years and that is the period when this snowballed.

The American people are being conned by this guy and the other democrats.

It's a crime having him sitting up on that bench belittling the private sector when these problems brought on during his and the other democrat's watch.

He's been head of the finance committee for years and signed of on all of these financial disasters.

This is what happens when you put homosexuals in charge of something like this.

If they can get away with running a homosexual whore house in their basements, they can get away with anything.

14 posted on Thursday, February 12, 2009 11:00:01 AM by Syncro (Ti Ming -- Use Librally)
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22 posted on 02/12/2009 11:02:58 AM PST by Syncro (Ti Ming -- Use Librally)
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To: GeronL

You’ll never see it coming. Bawney is planning to “back door” his solution


23 posted on 02/12/2009 11:04:21 AM PST by Sgt_Schultze
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To: Rufus2007
This government is just plain evil.

Take away from Ameican family and it to the WORLD F--- Y-- Government

They take 40-50% of people’s income and their families have to do without.

Give you an example, when you buy a loaf of bread at the store, it’s been taxed over 30%,cars,30%,phone bill 30%, cable bill tax 30%,gas and electric.Gas 70C in Md

I could go on and on and on put all of these charges are hidden from the public Now they want to take some of social security away from people. The government already took the cost of food and energy out of the CPI basket so they don't have to give the high cost of living to people to keep up with the cost of inflation. Before they make any changes to social security, they should make changes to the money we give out to the United Nations and all other foreign aide. Then the social security comes out of my check which is 8%. My company pays the other 8%. If the government would have let me kept my money, I could have invested it at 4-5% a year, I would have over a million dollars. What does the government do with all that money that people don’t collect? Like my sister, that worked all of her life and never collected one social security check. She died at 55 with no children

24 posted on 02/12/2009 11:04:43 AM PST by shielagolden
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To: All

2010 - REVENGE !


25 posted on 02/12/2009 11:04:49 AM PST by Reagan69 (No Representation without Taxation !)
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To: dalereed

AIDS has been totally ineffective in Barneys case!


26 posted on 02/12/2009 11:07:55 AM PST by dalereed
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To: Rufus2007

Welcome to depression II, brought to us by the Commies in in our government


27 posted on 02/12/2009 11:08:02 AM PST by devistate one four (Impatiently waiting for the next tea party! Tet '68)
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To: pburgh01

lol.

is that what you really think?

me too.


28 posted on 02/12/2009 11:22:47 AM PST by GeronL (please stand by...)
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To: lgjhn23

I wonder how they will try to tax barter?


29 posted on 02/12/2009 11:23:57 AM PST by GeronL (please stand by...)
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To: Uncle Miltie
Look in the mirror Bawney. You ARE the problem.

you mean he is the pwoblum

30 posted on 02/12/2009 11:26:26 AM PST by GeronL (please stand by...)
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To: shielagolden

doesn’t MD forbid gas from being sold at a discount?


31 posted on 02/12/2009 11:27:50 AM PST by GeronL (please stand by...)
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To: RexBeach

That happens when you’ve had too many of the privates of others crammed down your throat.


32 posted on 02/12/2009 11:32:35 AM PST by ConservativeMind (Who is now in charge of the "Office of the President-Elect"?)
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To: NowApproachingMidnight

Technically, I believe his “boytoy” ran the ring. I have no doubt that he knew all about it though.


33 posted on 02/12/2009 11:41:58 AM PST by xmission (www.iwilldefendtheconstitution.com)
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To: frogjerk

As a member of the majority in that esteemed body of Congress of which he has been a member much too long, he has lotsa company.


34 posted on 02/12/2009 11:59:26 AM PST by corvus
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To: nyconse

Looks like you’ll be getting your wish. That those evil, greedy banker types will finally be under government control...


35 posted on 02/12/2009 12:05:41 PM PST by Dead Corpse (Utinam coniurati te in foro interficiant)
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To: Rufus2007

with his guarantee of new financial industry regulations “comparable” to FDR’s New Deal.

Seriously, I believe him.
I do not think that we are going to slow down Hussein’s plans or the left wing agenda more than a couple of days.

And we ain’t seen nothing yet.
It is going to pile up so fast that you will need wings to stay above it.
By this time next year, I think that 90 - 100% of everything that the left had hoped for will be done.
Wait until Amnesty passes in this same rush, and with GOP support, as well.


36 posted on 02/12/2009 12:47:53 PM PST by bill1952 (McCain and the GOP were worthless)
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To: lgjhn23

“...People will trade...”

Stock up on toilet paper and razor blades: they make super bartering merchandise.

And don’t expect paper money and non-valuable metal coins (sandwich-quarters) to be accepted as currency at some point (it will have $0 value as the govt. is bankrupt). Small denomination gold coins and Morgan silver dollars will come out into circulation, is my prediction.


37 posted on 02/12/2009 1:37:28 PM PST by SatinDoll (NO FOREIGN NATIONALS AS OUR PRESIDENT!!)
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