Barney Frank's Bankrupt Ideas.
By INVESTOR'S BUSINESS DAILY | Posted Monday, October 06, 2008 4:20 PM PT
Financial Rescue: Democrats created the mortgage crisis by forcing banks to give loans to people who couldn't afford them. Now Obama and Biden want bankruptcy judges to bail out the same deadbeat homeowners. And once again, Barney Frank is helping...
It's been said that history is a lie agreed upon. Democrats are trying to rewrite history by blaming the Bush administration for the current crisis and claiming that the rescue bill is necessary to save the economy from Republican mismanagement.
Last Thursday on Fox News, when Bill O'Reilly tried to suggest that both parties might share the blame, House Finance Committee Chairman Frank, in a not atypical meltdown, disowned any responsibility for his lack of oversight over the last two years and his complicity before that....
And, now this.
Rewriting History?
Be patient and get through the advertisements. Rep. Frank claims he was 'leading voice' of reform for Fannie Mae and Freddie Mac. ROFLMAO!!!!! This guy must be relying upon the stupidity he hopes exists within the American people.