Barney Frank – ‘We Are Trying On Every Front To Increase The Role Of Government’
Barney Frank appeared with Ralph Nader on the fat eD show on MSNBC yesterday and actually told the truth for once in his ‘life’. Nader was laying a beatdown on Frank claiming that hasn’t gone far enough in regulating the financial industry. Bawney of course with his usual style didn’t like being challenged on anything, and was so provoked that he claimed/admitted that when it comes to regulation, Democrats are “trying on every front to increase the role of government.”
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Barney Frank wants to join Obama’s cabinet
If this is true and happens, I don’t know if I should laugh or cringe in fear. In one respect, you would get another crook Barney Frank out of Congress. On the other hand, he would be working under this already crooked, corrupt, marxist Obama adminstration. Barney Frank wants to be Obama’s Housing and Urban Development secretary, according to The Hill.
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God help us all – Barney Frank focused on ‘reshaping’ US finance
Doesn’t this just sound great? The banking queen Barney Frank is busy assembling a complex bill to give the federal government unprecedented control over the country’s financial institutions, according to the Boston Globe.
Barney Frank gets destroyed at his own townhall in Dartmouth, MA
I really can’t believe that even in a libtard heaven, basically San Francisco east that Barney Frank would get roasted like he did at his townhall today. I don’t know, maybe he and other libtards can accuse the “evil right wing machine” of bussing in people to this townhall, or something. Watch this video as people at the banking queen’s townhall aren’t bowing at his feet and begging for government controlled healthcare. Also watch the ironic part in which Barney Frank yells back at people saying “STOP YELLING!”
Barney Frank wants to use TARP income for housing
House Financial Services Committee Chairman and Banking Queen Barney Frank has a plan to funnel income from the government’s $700 billion bailout fund toward the housing sector, according to Nasdaq:
The powerful Massachusetts Democrat last week quietly introduced legislation that aims to use $1 billion in dividends paid by the recipients of government aid to provide rental housing opportunities for low-income and homeless families. The money would go into a national housing trust fund established last summer in connection with legislation that allowed for Fannie Mae (FNM) and Freddie Mac (FRE) to be placed under government conservatorship.
The fund currently is empty, however President Barack Obama’s fiscal year 2010 budget calls for it to receive $ 1 billion – a sum the Frank legislation would provide.
“This would be the seed money to get the trust fund up and running,” said Danna Fischer, legislative director for the National Low Income Housing Coalition.
Barney Frank loses it on CNBC
Barney Frank, aka the Banking Queen had a flashback to his Bill O’Reilly interview last year. Problem is, the CNBC host who was questioning him about executive compensation was no were near as aggressive as O’reilly, didn’t call him any names like coward, didn’t stay STOP THE BS. Watch Bawney Fwank lose it below:
Quite possibly, the best Barney Frank Banking Queen Parody yet!
This may be the best parody of Barney Frank the Banking Queen to date:
Government Motors presents the Chrysler Genericus!
I’m serious. This video might be the best one ever uploaded to Youtube. This video is basically a look at the future of Chrysler, and GM, and your future options as a car buyer. The Black Sphere should get an award for this video. Seriously.
Another $19 billion in bailout for Barney Frank’s Fannie (Mae)
The government-controlled company said its regulator requested $19 billion from the Treasury under a funding commitment that on Wednesday was doubled to $200 billion. The credit, in the form of senior preferred stock purchases, was established as soaring losses led the government to push the company into conservatorship in September. More from Yahoo:
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Fatties and pork return to congress (and I’m not just talking about the budgets).
You may have read a few days ago that fat people are the latest being blamed for global warming. So it should come as no surprise that fat pigs like Barney Frank, Chris Dodd, etc are huffing and puffing (aside from the usual). Heres a great quote from Politico:
House Financial Services Committee Chairman Barney Frank (D-Mass.) recently lamented his own weight during a painfully slow bailout hearing on Capitol Hill last month.
“I wish I didn’t have the five-minute rule. And I wish we didn’t have so many members. And I wish I could lose weight without dieting,” Frank said.
Barney Frank in a debate with Harvard student – guess his replies
Be sure to first read the Judicial Watch story from yesterday to get a full feeling of the purpose of this. Anyway, it all started with a question: “How much responsibility, if any, do you have for the financial crisis?” according to Chandler’s Watch:
Fannie Mae and Freddy Mac to escape mortgage scammers crack down
The Hussein Obama administration today announced a multi-agency effort to crack down on scams that prey on struggling homeowners.However, Fannie Mae and Freddy Mac seem not to be included in this crackdown. According to Judicial Watch, new Documents Uncovered by them Show Congress Ignored Corruption at Fannie Mae and Freddie Mac for Years! Congress Warned on Fannie and Freddie Misdeeds, yet Liberals in Congress Blocked Attempts to Rein in the Government Sponsored Enterprises. I bet I know one liberal they are reffering. How about the Banking Queen Barney Frank who was having a gay sex relationship with an executive of Fannie Mae.
Pay for Performance Act of 2009 – the bill to let government set your salary!
In a move that was hardly noticed by anyone (including those in the our wonderful media), the House Financial Services Committee, led by chairman Banking Queen Barney Frank, has approved a measure that the Washington Examiner describes:
In some key ways, go beyond the most draconian features of the original AIG bill. The new legislation, the “Pay for Performance Act of 2009,” would impose government controls on the pay of all employees — not just top executives — of companies that have received a capital investment from the U.S. government. It would, like the tax measure, be retroactive, changing the terms of compensation agreements already in place. And it would give Treasury Secretary Timothy Geithner extraordinary power to determine the pay of thousands of employees of American companies.
The purpose of the legislation is to “prohibit unreasonable and excessive compensation and compensation not based on performance standards,” according to the bill’s language. That includes regular pay, bonuses — everything — paid to employees of companies in whom the government has a capital stake, including those that have received funds through the Troubled Assets Relief Program, or TARP, as well as Fannie Mae and Freddie Mac.
The measure is not limited just to those firms that received the largest sums of money, or just to the top 25 or 50 executives of those companies. It applies to all employees of all companies involved, for as long as the government is invested. And it would not only apply going forward, but also retroactively to existing contracts and pay arrangements of institutions that have already received funds.
Speaking of executive bonuses, where are the questions on Fannie an Freddy?
With all the talk, and whining regarding AIG’s bonuses that they are contractly obligated to pay out, which the Hussein idiots such as tax cheat Geithner should have known about in the first place, wheres all the uproar over the Fanny Mae and Freddy Mac bonus packages? According to their annual report, (h/t Hotair), Freddie Mac has pretty nice retention bonus plan built into its operation for the next year. Eligibility includes all of the senior and executive VPs. It comes in four payouts, and only the last has any connection to company performance. So Barney Frank, when do the questions begin about these bonuses? Oh BTW, the banking queen himself Barney Frank rather flippantly dismissed the death threats against AIG executives. Edward Liddy CEO of AIG read a threat (According to Michelle Malkin):
All of the people should be executed with piano wire around their neck.
Barney Frank the hypocrite – “These people may have a right to their bonuses, they don’t have a right to their jobs forever”
You know, i’m not a fan of Obama (as you probably can tell by reading this site), but compared to some other current politicians such as this fraud Barney Frank, (or Chris Dodd, Charlie Rangel, Chuck Schumer who received a bunch of money from Bernie Madoff), Dick Durbin, and of course everyone’s favorite Nancy Pelosi, Obama is a saint. Now Barney Frank the Banking Queen is whining AIG bonuses and the rewarding of incompetence. Via the New York Obama Times:
“These people may have a right to their bonuses, they don’t have a right to their jobs forever,” Mr. Frank said, charging that the bonuses amounted to rewards for incompetence. And he added: “These bonuses are going to people who screwed this up enormously.”
Now how about TERM LIMITS for INCOMPETENT politicians (such as you Bawney). And how about doing away with your yearly automatic 10% pay raises? Can anyone believe that this crook Barney Frank has been a congress”man” since 1980?
Barney Frank the Banking Queen wants to cap executive compensation for everyone
The Banking Queen wants to cap executive compensation for EVERYONE now, not just those companies who receive bailout money! I got a better idea Barney Frank, how about term limits for Congress(men)? Barney Frank of course will NEVER admit he? did anything wrong, and it was everyone else’s fault (IE: The Republicans).
Barney Frank the Banking Queen at it again – Obama stimulus plan too reliant on tax cuts
Barney Frank Banking Queen never met a government spending program he didn’t like, at least until now. While expressing his overall approval for the scope of Barack Obama’s stimulus proposal, Frank told NPR that it relies too much on tax cuts to stimulate the private sector and not enough on government confiscation of capital for redistribution by Washington elites.
Well, OK, he didn’t quite put it that baldly, but he came close:
House Financial Services Committee Chairman Barney Frank (D-Mass.) said Thursday that President-elect Obama’s stimulus plan spends too much money on tax cuts for his taste.
Frank said on NPR’s “Marketplace Morning Report” that he believes the spending package Obama supports will be large enough to help the ailing economy but that he does not entirely agree with how the money will be used.
“I have some difference because I think they may be doing too much tax-cutting and not enough direct spending from the standpoint of immediate job creation,” Frank said.
Poor Barney Frank, aka the Banking Queen doesn’t like Hussein Obama’s choice of Rick Warren
Democratic Congressman Barney Frank of Massachusetts aka, The Banking Queen is upset with President-elect Obama’s selection of the prominent Evangelical Minister Rick Warren to give the inaugural invocation. The first openly-gay member of Congress said on Sunday’s “Late Edition” on CNN: “Mr. Warren compared same-sex couples to incest. I found that deeply offensive and unfair… I think it was wrong to single him out for this mark of respect.” Last week Mr. Obama defended his decision after some in the gay community expressed outrage. He said Americans need to come together and that he was invited to speak at Warren’s church despite a difference of opinion on the issue of gay marriage. Warren meanwhile applauded the president-elect saying, “I commend… his courage to willingly take enormous heat from his base.”
Maybe the old Banking Queen would prefer Rev Wright or Father Phleger?
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