Skip to comments.Barney Frank Busted--- 2005 Speech Nails Him To Housing Collapse (Video)
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 ...
...with as much lying as he’s done, how is it that Barney Frank hasn’t been tried for perjury?
“That’s nwot mee. Thwis is a hit pwiece by the repubwicans.”
Bawny,Bawny,Bawny, what are we going to do with you? I GOT A COUPLE THOUGHTS!
How do they make sense of anything he says? Is his translator Sylvester the cat?
btt more proof
If you want the public to believe a lie, make it a big one. Slick W. knew this well.
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!
What he said then is not important. It’s what he says now that has meaning. //Sarc//
Just proving my tagline again, and again......
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.
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.
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.
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.
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.
If we could understand this we'd all be democrats!
And the people in his home state are dumb enough to keep voting him in AGAIN and AGAIN and AGAIN and AGAIN.
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.
Same reason Sandy Berger hasn't been prosecuted for stealing and destroying classified documents -- high-profile libs regularly get away with murder.
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.
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.
How’s that cold cash Jefferson thing coming along?
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.
Barney Frank is all for homo nership. So, just what the hell is nership?
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.
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."
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.
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.
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.
Now if we could get him actually nailed and in prison stripes, I’d be satified.
“what the hell is nership”
perverted form of worship
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.
This gives the full story
Of course he’s a liar, he’s a democRAT.
He’s not prosecuted because we haven’t yet made stupidity a crime.
If ever there WERE a person criminally stupid, he’s it.
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.
Does Barney even KNOW how different his prison life would be from his home life?
IS there a difference for him?
Call and ask him.
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.
Yeah, and thanks to this guy, we’re all taking it in the a**.
Lol. Did Barney borrow the tutu from Rahm?
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.
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.
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.
If you liked the Andy Griffith Show - at all, then you should hear that clip!
(Cracks me up, I tell ya!)
Barney can’t help your lyin’ eyes and he?
Either Rahm or Ronnie Reagan.
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