In his 31+ years in the House of Representatives Frank was always there to remind people why term limits should be added to the constitution. Be it the brothel that was operated out of his house, his lover that worked for Freddie Mac which led to his unbridled support of Fannie and Freddie which helped cause the housing bubble and great recession, his progressive stances which would make the most avid socialist proud, or that unexplained arrogance (he has nothing to be arrogant about).
Today is a good day for America because Barney Frank's days in Congress are numbered, to understand why he was so bad for the country, I put together this video "tribute."
In the video below Frank sits in a 9/10/03 House Financial Services Committee hearing and says Fannie and Freddie are sound, and there is no housing disaster coming.
Rep. Barney Frank (D., Mass.): I worry, frankly, that there's a tension here. The more people, in my judgment, exaggerate a threat of safety and soundness, the more people conjure up the possibility of serious financial losses to the Treasury, which I do not see. I think we see entities that are fundamentally sound financially and withstand some of the disaster scenarios.
Here Congressman
Ironically Barney Frank thought the people who caused the housing/banking crash should go to Jail. I bet he didn't mean the biggest perpetrator....Barney Frank
Of course, that never stopped Frank from lying about his role in the collapse (is it considered perjury when you lie to Larry King?
There was of course, that one time where Barney Frank was part of a real crime:
He didn't get away with the lies when he spoke to Bill O' Reilly
Frank has had his ups and downs, in fact if you listen closely you will hear the most intelligent sound Barney ever made
Barney was never more embarrassingly arrogant than his confrontation with Harvard student Joel Pollak, who followed up his victory against Frank with a race for Congress. He presently is in-house counsel at Breitbart.com.
Buh-Buh-By-Barney, if we could could only say we hardly knew you. I will miss the great copy you provided, but your retirement is good for the country so I will gladly deal with it. Now get the hell outta here, this interview is over!
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