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Barney Frank Busted--- 2005 Speech Nails Him To Housing Collapse (Video)
http://gatewaypundit.blogspot.com/2009/04/barney-frank-busted-2005-speech-nails.html ^ | April 24, 2009

Posted on 04/24/2009 9:58:35 AM PDT by Steelfish

Friday, April 24, 2009 Barney Frank Busted--- 2005 Speech Nails Him to Housing Collapse (Video)

In an amazing display of dishonesty, Barney Frank claimed this week that conservatives were to blame for pushing unqualified buyers into home ownership.

But, Verum Serum dug up video from 2005 that shows that not only was Frank oblivious and in full denial of the housing bubble, but Frank also admits in the speech that he will continue to push for home ownership:

Via Verum Serum

Here is Rep. Barney Frank (D-Mass.) on June 27, 2005 on the House Floor:

"Those who argue that housing prices are now at a point of a bubble seem to me to be missing a very important point. Unlike previous examples we have had when substantial excessive inflation of prices later caused problems we are talking here about an entity, home ownership, homes where there is not the degree of leverage where we have seen elsewhere. "

"This is not the dot-com situation. We had problems with people having invested in business plans of which there was no reality; people building fiber optic cables for which there was no need. Homes that are occupied may see an ebb and flow in the price at a certain percentage level. But you're not going to see the collapse that you see when people talk about a bubble and so those of us on our committee in particular will continue to push for home ownership."

Barney Frank knows he was a major player in creating the housing bubble that sent the economy into a tailspin after its collapse. It is disgusting that he would hold interviews today and lie about his role and have the gall to blame it on conservatives.

(Excerpt) Read more at gatewaypundit.blogspot.com ...


TOPICS: Front Page News; Government; US: Massachusetts
KEYWORDS: barneyfrank; cultureofcorruption; democratscandals; lyingliar; revisionisthistory; rollthetape; stalinisttactics; willfulneglect
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1 posted on 04/24/2009 9:58:35 AM PDT by Steelfish
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To: Steelfish

...with as much lying as he’s done, how is it that Barney Frank hasn’t been tried for perjury?


2 posted on 04/24/2009 10:02:49 AM PDT by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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To: Steelfish

“That’s nwot mee. Thwis is a hit pwiece by the repubwicans.”


3 posted on 04/24/2009 10:03:11 AM PDT by nhwingut
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To: Steelfish

Bawny,Bawny,Bawny, what are we going to do with you? I GOT A COUPLE THOUGHTS!


4 posted on 04/24/2009 10:03:54 AM PDT by peace with honor
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To: Steelfish

How do they make sense of anything he says? Is his translator Sylvester the cat?


5 posted on 04/24/2009 10:05:08 AM PDT by redhead (REMEMBER DAN'S BAKE SALE!!!)
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To: OneWingedShark

btt more proof


6 posted on 04/24/2009 10:05:11 AM PDT by KSCITYBOY
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To: Steelfish

If you want the public to believe a lie, make it a big one. Slick W. knew this well.


7 posted on 04/24/2009 10:06:21 AM PDT by Huskrrrr
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To: Steelfish

I’ve seen that video... that video would put Us in JAIL.

Thus the trouble... that video has been played for and TO Mr. Lightloafers, and he flat out ... eyeball to eyeball.. DENIED HE EVER SAID THAT.. shown to him AGAIN... he DENIED IT ... AGAIN

is he afflicted with Massachusettsitis?? Look at what they send to Washington... it has to be AIRBORN and CONTAGIOUS!


8 posted on 04/24/2009 10:06:29 AM PDT by gwilhelm56 (Orwell's 1984 - To Conservatives, a WARNING - to Liberals, a TEXTBOOK!)
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To: Steelfish

What he said then is not important. It’s what he says now that has meaning. //Sarc//


9 posted on 04/24/2009 10:06:57 AM PDT by PurpleMan
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To: Steelfish

Just proving my tagline again, and again......


10 posted on 04/24/2009 10:06:58 AM PDT by b4its2late (Ignorance allows liberalism to prosper.)
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To: Steelfish

This is what libs do...

They pushed for “rights” (right to own a home) for minorities and so on. Must not have redlining!!!

When it came crashing down, they (and their lib media accomplices) blamed it on conservatives and then propped themselves up as the solution to the problem that they created in the first place.

Their solution? Even more socialism.


11 posted on 04/24/2009 10:08:00 AM PDT by Laissez-faire capitalist (Keep working! Welfare cases and their liberal enablers are counting on you!)
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To: Steelfish
In an amazing display of dishonesty, Barney Frank....

Not amazing -- fully expected. Barney "less than" Frank is a veritable lie/steal/cheat machine. ...and one who belongs in prison for the remainder of his vile, putrid life.

12 posted on 04/24/2009 10:09:43 AM PDT by Mr. Mojo
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To: OneWingedShark
with as much lying as he’s done, how is it that Barney Frank hasn’t been tried for perjury?

Easy answer. We are now under the communists King Obama and his corrupt RAT party. This communists leadership will not prosecute one of their own. Take close look at the crooks that have been exposed now and nothing done.

13 posted on 04/24/2009 10:10:12 AM PDT by Logical me (Oh, well!!!)
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To: Steelfish
why waste your time posting this. You could have him saying flat out ON VIDEO that , "All democrats are lying weasels that want the destruction of the United States."

he would come out and say that he was taken "out of context" or " the right wing nazis are just posting this video out of hate." or say that he never really said it but was just part of a larger topic.. etc...

That's what they do. They no longer care if they lie, cause there are NO CONSEQUENCES if they do. Not shame, voters in their disgusting districts vote them in and that's that.

Murtha, Franks, Pelosi, Chet Edwards and on and on... all these hypocrites and thieves are just riding the voter scam/cheat into office and letting the bullsh#t fly. As long as they "get theirs" they could care less.

14 posted on 04/24/2009 10:12:09 AM PDT by erman (Outside of a dog, a book is man's best companion. Inside of a dog, it's too dark to read.)
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To: Steelfish
How do they make sense of anything he says?

That's the thing, much of the public has no idea what he's talking about so they give him the benefit of the doubt. Americans are too forgiving.

15 posted on 04/24/2009 10:14:39 AM PDT by TheThinker (Obama giggles at America's problems.)
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To: Steelfish
Well, that was then, is is a different is now! Y'all just don't understand, everything is relative!

If we could understand this we'd all be democrats!

16 posted on 04/24/2009 10:16:22 AM PDT by SWAMPSNIPER (THE SECOND AMENDMENT, A MATTER OF FACT, NOT A MATTER OF OPINION)
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To: Steelfish

And the people in his home state are dumb enough to keep voting him in AGAIN and AGAIN and AGAIN and AGAIN.


17 posted on 04/24/2009 10:16:51 AM PDT by chippewaman
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To: Steelfish

Send this to Bill O’Reilly — he delights in exposing Frank for the criminal he is, so he very well may play the video on the air.


18 posted on 04/24/2009 10:21:16 AM PDT by Mr. Mojo
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To: OneWingedShark
...with as much lying as he’s done, how is it that Barney Frank hasn’t been tried for perjury?

Same reason Sandy Berger hasn't been prosecuted for stealing and destroying classified documents -- high-profile libs regularly get away with murder.

19 posted on 04/24/2009 10:22:14 AM PDT by Mr. Mojo
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To: Steelfish

Barney is an expert at blame shifting. He will quickly shift the argument to something he knows about and then blame shift.
It is a defense mechanism he probably developed as a child growing up in denial.
It is amazing that he gets votes and is elected.


20 posted on 04/24/2009 10:23:02 AM PDT by voveo
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To: Steelfish

Too bad the average Joe won’t ever see that video (or care)

It should have been played 24/7 by all major news stations
and front page news all over the world.


21 posted on 04/24/2009 10:24:36 AM PDT by TribalPrincess2U (Welcome to 0bama's America... Be afraid, be very afraid)
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To: Mr. Mojo

How’s that cold cash Jefferson thing coming along?


22 posted on 04/24/2009 10:25:19 AM PDT by TribalPrincess2U (Welcome to 0bama's America... Be afraid, be very afraid)
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To: erman
"That's what they do. They no longer care if they lie, cause there are NO CONSEQUENCES if they do. Not shame, voters in their disgusting districts vote them in and that's that."

I agree. Those bastards (Feinstein, Schumer, Waxman et al) have been in office for decades and will be there for the rest of their vile lives. They are scum, voted into office by scum to represent the interests of scum.

23 posted on 04/24/2009 10:27:33 AM PDT by VR-21 (Think it's time we stop, Hey what's that sound.....)
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To: Steelfish

Barney Frank is all for homo nership. So, just what the hell is nership?


24 posted on 04/24/2009 10:31:57 AM PDT by Islander2 (Abort Planned Parenthood and other abortuaries)
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To: Steelfish
Bawney busted indeed!


25 posted on 04/24/2009 10:35:32 AM PDT by Dubya-M-DeesWent2SyriaStupid!
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To: Islander2

The MSM will not run any rebuttle of Barney Fag..so the sheeples will believe him.
His lies are so blatant that they only way he can get away with it is knowing that he has 100% MSM support..no one can get any “ink” to oppose him.
The suicide at Freddie Mac will be shortly buried by the MSM also. Nothing here to see..move along.


26 posted on 04/24/2009 10:36:01 AM PDT by Oldexpat
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To: Steelfish
I think the quote from the article below is classic. How the Democrats Created the Financial Crisis: By Kevin Hassett Back in 2005, Fannie and Freddie were, after years of dominating Washington, on the ropes. They were enmeshed in accounting scandals that led to turnover at the top.

At one telling moment in late 2004, captured in an article by my American Enterprise Institute colleague Peter Wallison, the Securities and Exchange Commission's chief accountant told disgraced Fannie Mae chief Franklin Raines that Fannie's position on the relevant accounting issue was,"not even on the page of allowable interpretations."

http://www.bloomberg.com/apps/news?pid=20601039&refer=columnist_hassett&sid=aSKSoiNbnQY0

27 posted on 04/24/2009 10:38:35 AM PDT by alexandria ("If this be treason, make the most of it!" Patrick Henry)
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To: Steelfish
Barney knows all about being nailed.
28 posted on 04/24/2009 10:39:10 AM PDT by llevrok (Outlaw plastic boobs, not shopping bags.)
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To: nhwingut

LOL


29 posted on 04/24/2009 10:40:46 AM PDT by Dubya-M-DeesWent2SyriaStupid!
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To: Steelfish
"Barney Frank knows he was a major player in creating the housing bubble that sent the economy into a tailspin after its collapse."

NO HE DOES NOT. The author is wrong. Barney Frank is a Leftist, a Dem, Lib, Socialist mindset that knows all, sees all, and therefore cannot be wrong. EVERYBODY AROUND HIM THAT DISAGREES WITH WHAT HE IS, AND THINKS IS WHOM IS WRONG in HIS mind. Barney Frank THINKS he provided for an underclass, and believes himself a hero for his efforts.

The old joke about Leftism, Liberalism being a mental disorder IS NOT A JOKE. It's the truth.

30 posted on 04/24/2009 10:45:53 AM PDT by rockinqsranch (Dems, Libs, Socialists...Call 'em What you Will, They ALL have Fairies Living In Their Trees.)
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To: Steelfish

That speech sounds so gay.

In case some of you missed the ultimate YouTube mocking of Barney, here you go to the tune of SUGAR PLUM FAERIE.

http://www.youtube.com/watch?v=hJOP2uFVvWI


31 posted on 04/24/2009 10:49:08 AM PDT by doug from upland (10 million views of .HILLARY! UNCENSORED - put some ice on it, witch)
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To: OneWingedShark

If Barney Frank were ever convicted of anything and had to be sent to prison make sure it is a woman’s facilty. Sending Frank to an all male prison is like sending him down to the candy store.


32 posted on 04/24/2009 10:54:50 AM PDT by LottieDah (If only those who speak so eloquently on the rights of animals would do so on behalf the unborn)
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To: Steelfish

Now if we could get him actually nailed and in prison stripes, I’d be satified.


33 posted on 04/24/2009 10:58:11 AM PDT by dajeeps
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To: Islander2

“what the hell is nership”

perverted form of worship


34 posted on 04/24/2009 11:03:28 AM PDT by beefree (OKLAHOMA: Taxpayer Protection Act caused self-deportation of crimmigrants)
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To: Steelfish
The problem is nobody cares. Our system really does rely on the check provided by the press, and since the press doesn't exist anymore, at least in any meaningful form, it's up to bloggers and whatnot to generate the kind of outrage that will hopefully snowball into a controversy that in turn generates a demand for accountability.

Conservatives are coming up to speed on our tactics, as the tea parties showed, but we seem unable to take that next step with stories like this, which is to get in Frank's face with cameras and ask him questions, or throw up a single front-page headline that will start the ball rolling like the NYT can.

Our chain breaks down because at some point, we have to rely on elements of the MSM to pick up the story and run with it. This has to change.

35 posted on 04/24/2009 11:13:04 AM PDT by americanophile
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To: Steelfish

http://www.freerepublic.com/focus/f-news/2198595/posts

This gives the full story


36 posted on 04/24/2009 11:14:16 AM PDT by Danae (Amerikan Unity My Ass)
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To: Steelfish

Of course he’s a liar, he’s a democRAT.


37 posted on 04/24/2009 11:17:13 AM PDT by South40 (Somewhere in Kenya, a village is missing its Idiot.)
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To: Steelfish

He’s not prosecuted because we haven’t yet made stupidity a crime.

If ever there WERE a person criminally stupid, he’s it.


38 posted on 04/24/2009 11:42:21 AM PDT by Redbob (W.W.J.B.D.: "What Would Jack Bauer Do?")
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To: erman

The voters who vote in the likes of Murtha, Franks, Pelosi, Murray, Boxer, Feinstein, are not voters. They are gangsters who vote in their thugs for life.


39 posted on 04/24/2009 11:42:39 AM PDT by jonrick46 (The Obama Administration is a blueprint for Fabian Socialism.)
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To: OneWingedShark

Does Barney even KNOW how different his prison life would be from his home life?

IS there a difference for him?

1-202-225-5931

Call and ask him.


40 posted on 04/24/2009 11:46:36 AM PDT by kinsman redeemer (The real enemy seeks to devour what is good.)
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To: OneWingedShark
There is a very funny "Andy Griffith Show" episode where Barney goes to jail (is it the "Citizen's Arrest" episode?!).

Anyway, in comes Otis to the adjacent cell. Otis starts tapping on the bars and let's Barney know that this is the signal for a breakout.

Later, he taps a different rhythm on the bars and explains that is is the signal that means:

"Barney's in Jail! Barney's in Jail!"

Cracks me ups just to think of that one.

41 posted on 04/24/2009 11:52:18 AM PDT by kinsman redeemer (The real enemy seeks to devour what is good.)
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To: Redbob

Yeah, and thanks to this guy, we’re all taking it in the a**.


42 posted on 04/24/2009 12:13:55 PM PDT by ILikeBourbon
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To: doug from upland

Lol. Did Barney borrow the tutu from Rahm?


43 posted on 04/24/2009 12:18:30 PM PDT by khnyny ("The demagogue is one who preaches doctrines he knows to be untrue to men he knows to be idiots.")
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To: Steelfish

Can someone tell me how to put a youtube video directly in my email so that it shows up in the email instead of a link. I have done it before but I can’t remember how...I want to email this to everyone I know.


44 posted on 04/24/2009 12:21:44 PM PDT by DrewsMum (Let me get this straight--We can kill babies by mutilation, but we can't throw water on our enemies?)
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To: kinsman redeemer

Yea, I called his office (just for fun) and asked the lady that answered the phone exactly WHEN Mr. Frank knew there was informed that there was a problem with the housing. She said “He knew when everybody else knew”. I said “Ok, and WHEN was that?” She said “Someone will have to get back with you because I can’t answer for the congressman”

I left my email address. I will send earmuffs and blankets to hell when I hear from them.

Hehehe...


45 posted on 04/24/2009 12:26:07 PM PDT by DrewsMum (Let me get this straight--We can kill babies by mutilation, but we can't throw water on our enemies?)
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To: americanophile

This is true and several missed opportunities where conservative financial magnates failed to buy major newspapers that were on the block like the LA Times and fire all their left wing columnists and editorial page writers. I have often wondered why Microsoft and Bill Gates have gotten a free ride in the MS part of MSNBC.


46 posted on 04/24/2009 12:51:48 PM PDT by Steelfish
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To: kinsman redeemer
In Fact:

http://www.wavsource.com/snds_2009-04-19_1043346398266656/tv/andy/barneys_in_jail.wav

47 posted on 04/24/2009 12:52:29 PM PDT by kinsman redeemer (The real enemy seeks to devour what is good.)
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To: kinsman redeemer

If you liked the Andy Griffith Show - at all, then you should hear that clip!

(Cracks me up, I tell ya!)


48 posted on 04/24/2009 12:54:46 PM PDT by kinsman redeemer (The real enemy seeks to devour what is good.)
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To: gwilhelm56

Barney can’t help your lyin’ eyes and he?


49 posted on 04/24/2009 12:57:06 PM PDT by Scotswife
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To: khnyny

Either Rahm or Ronnie Reagan.


50 posted on 04/24/2009 1:40:09 PM PDT by doug from upland (10 million views of .HILLARY! UNCENSORED - put some ice on it, witch)
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