Barney Frank: Obama ‘lied’ about health plans

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Obama ‘lied’ about health plans

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Duh!

Barney should know, he was a congenital liar himself.

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Barney Frank: Obama ‘lied’ about health plans

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No thit Therlock!

Yes


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Frank aggressively fought reform efforts by the Bush administration. He told The New York Times on Sept. 11, 2003, Fannie Mae and Freddie Mac’s problems were “exaggerated.” Exaggerated? Thanks to Fannie and Freddie the housing market collapsed and we fell into this “great recession.”
“These two entities – Fannie Mae and Freddie Mac – are not facing any kind of financial crisis,” Frank Opined to the Times.“The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.”
The 10/8/03 Washington Post reported that Frank opposed giving the Bush administration the approval rights over banking business activities that “could pose risk to the taxpayers.” He worried the Treasury Department “would sacrifice activities that are good for consumers in the name of lowering the companies’ market risks.”
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.
Two years later the United States was much closer to the bursting on the housing bubble. The Republicans in Congress introduced a bill to regulated Fannie Mae and Freddie Mac. Led by Barney Frank and Chris Dodd the bill was killed.
On June 27, 2005 Barney Frank stood up on the floor of the House of Representatives and told America that there is undue concern about the housing market and even though prices were growing very quickly the housing market is not like the Dot.Com industry, the housing bubble will not burst.
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And Barney Frank paid a dude for sex and then was blissfully unaware as said dude ran a prostitution ring out of Frank's home.

I swear we'd be better off governed by the first 535 names in a metropolitan phone book.

Yet somehow the Dems, with the help of their friends in the media have successfully laid the blame ENTIRELY on Bush.

Dems have learned that their lies will essentially go unchallenged by the media. Coupled with the short attention span of the majority, it's a proven strategy.

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Yet somehow the Dems, with the help of their friends in the media have successfully laid the blame ENTIRELY on Bush.

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Yeah - the DEMs can shite in the punch bowl and the media will blame the GOP for throwing the party.

Yeah well here inLouisiana we can thank Mary Landrieu for putting that fricked up law on our asses!