Monday, November 28, 2011

FLASHBACK - Barney Frank's Role In 2008 Financial Collapse

The lapdog media won't tell you this, but Barney Frank played a big role in the 2008 financial collapse and (like Christoher Dodd) wrote legislation to "clean up" the mess that didn't fix the problem.

For a video flashback (FOX Nation), here is Frank getting his lunch handed to him by Bill O'Reilly.

But O'Reilly was right, it was "bull" what Frank was telling his audience. In 2004 Frank said in the video below (at the 4:54 mark)

"I don't see anything to report that raises safety and soundness problems (in Fannie Mae and Freddie Mac)." He expanded more at the 6:50 mark. The above video shows Democrats who ignored the pleas from GOP Reps. into hearings on Fannie and Freddie.

No Democrat was ever held to account for this. No one is holding Barney Frank for that.

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