Barney Frank Says Failure to Use TARP for Foreclosures is “Inexplicable”
Posted on July 17, 2009
Filed Under Government Foreclosures |
Live! From Capitol Hill: House Financial Services Committee Chairman Barney Frank Holds News Conference
Duration : 0:9:58
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11 Responses to “Barney Frank Says Failure to Use TARP for Foreclosures is “Inexplicable””
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There’s no …
There’s no difference between a common street whore hooked on crack and a US congressman passing legislation that gives OUR money to their backers. These guys are all turds that need to be flushed.
What is also …
What is also inexplicable is Barney taking a payoff to use his influence to get TARP money for a bank that wasn’t even close to being eligible. Crooked politicians and crooked TARP CEOs and a new Justice Department that is just like the old one - looking the other way while their
keepers rob America blind.
“TARP” is a lie, …
“TARP” is a lie, they misspelled it. The actual effect of the program is not TARP, it is rather a TRAP.
Total
Rip-off (of the)
American
People
there is no …
there is no conventional solution to this problem..I don’t expect anyone to have a good Idea about whats going on, but lower class has been collapsing since 2002 this was a long time coming…it will only take a lon time to fix…but bankrupting our country is not a sound solution..it’s bad…but we should give them a chance..we gave bush a chance…and e didn’t deserve one..and it was proved with the first half of tarp gone into thin air…lets at least give em a chance….we have nothing else
All you people …
All you people whining about why the money isn’t being spent on troubled mortgages don’t know what the you’re talking about.
Seriously, what do you expect them to do? Pay off peoples mortgages!
When Bush was deregulating the financial system, you morons were cheering him on for being such a good Regan-Republican. And when he spent billions on a bogus war in Iraq, you cheered him on again for being such a good patriot.
And now Barney Frank is the bad guy?! Get a hold of it.
He gave money for …
He gave money for his hometown bank, that bought Porsche cars for their employees, that doesnt sound like money for people losing their house. This dick wrote the legislation for the bill, so why is he blaming Bush and Paulson, did he forget that all the House and Senate approved this?
Barney frank wrote …
Barney frank wrote the legislation!!! He gave the power to Paulson, this guy never takes the blame for anything, he didnt mind giving money to a hometown bank, that buys Porches for their Executives.
Who elected this …
Who elected this larcenist as president of the financial commission twice?
Barney Frank voted and passed the first TARP without any protection for tax payers and no oversight of the money. Ten minutes after after the money was released Paulson was throwing money to specific banks so they could cover their shorts and longs positions and even to buy chinesse banks stocks. Not a single dime of the TARP went to the objective: “buying trouble mortages”
Barney Frank should be in jail.
Who elected this …
Who elected this larcenist as president of the financial commission twice?
Barney Frank voted and passed the first TARP without any protection for tax payers and no oversight of the money. Ten minutes after after the money was released Paulson was throwing money to specific banks so they could cover their shorts and longs positions and even to buy chinesse banks stocks. Not a single dime of the TARP went to the objective: “buying trouble mortages”
Barney Frank should be in jail.
How this ignorant …
How this ignorant could get elected twice president of the financial commission after passing and voting for the first tarp bill which includes zero oversight?
Paulson started throwing money to banks so they could cover their longs and shorts possitions and buy bank stocks in chinesse banks 10 minutes after he got the first TARP and not a dime yet for trouble mortages.
Barney Frank should be behind bars with many others, Madoff is innocent when compared with these criminals.
He is nothing more …
He is nothing more then the ordinary criminal that should be locked up for a very very long time. People like this are the ones responsible for the destruction of this great nation. Sad