Home > Uncategorized > And We Wonder Why The Economy Is Such A Mess….

And We Wonder Why The Economy Is Such A Mess….

by TPC

Nice work on Friday by CNBC who called out Barney Frank for being a liar and a fraud.  As we’ve previously shown, Barney Frank (THE CHAIRMAN OF THE HOUSE FINANCIAL SERVICES
COMMITTEE) is very confused about the actual workings of our monetary
system.  In addition to this, Frank has now been proven entirely wrong
on his position in housing and has actually lied in public about his
position on housing.  And we wonder why the economy is so screwed up?

 

Here is Frank saying he didn’t push for housing just last week:

 

http://www.youtube.com/v/xC9k3oB83z4&hl=en_US&fs=1&

And here is Frank in 2005 saying there is no bubble in the housing market and that subsidizing home ownership is a good plan:

http://www.youtube.com/v/iW5qKYfqALE&hl=en_US&fs=1&

This is an elected official and the Chairman of the House Financial
Services Committee. You can’t make this stuff up….And people wonder why
the economy is such a mess.  Does Barney Frank really understand
anything about finance?

 

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