Barney Frank: White House ‘Photo Op’ Designed to Help McCain

If Frank had not been so instrumental in the design of what led to this failure it would be easy to overlook this catty response. Perhaps he should spend time at the “photo op” showing the American people some solidarity during this crisis and skip the whining politics.

One of the Democrat clowns that got us into this mess is sounding off. Perhaps he should spend more time getting ready for the FBI investigation.

Now is the time to see if Obama will do the JOB tax payers have been paying him to do or if he will continue acting like a movie star = all fluff no substance.

McCain looks desperate.

B. Frank can really run his mouth, when he and the rest of the dems should not have blocked the vote 3 yrs ago that would have prevented this MESS. But that the way thet run this country.

Posted by gomer – “Now is the time to see if Obama will do the JOB tax payers have been paying him to do or if he will continue acting like a movie star = all fluff no substance.”
Hey gomer, who are you calling fluff and no substance? I’ll give you some fluff with no substance:
“WMD”
The War on Terror in IRAQ
“Mission Accomplished”
“Osama Bin Laden – Dead or Alive”
“Either you’re with us or against us”
“I’ll follow Bin Laden to the gates of hell”
“The fundamentals of the economy are sound”
“This is a mental recession”
“Wall street got drunk and has a hangover”
“I can see Russia from my house”
“Regulation of the financial industry is bad”
“Unlike the Democrats we will never socialize America”
Now here’s some non-fluff from Barack Obama, from his statement on the bailout:
“No blank check”
“Oversight”
“Limits on CEO compensation”
Your stupid ship of Republican Ideology is sinking, and taking this country down with it.

We have an opportunity in the next decade to increase minority homeownership and significantly reduce the minority homeownership gap…The future of the housing market rests heavily on the economic success of minorities. Homeownership is likely to grow faster among minority Americans in the next decade if all the stakeholders in the housing industry work together to make it happen. The Homeownership Alliance is working toward this goal.
Rick Davis

Barney frank- 2003 These two entities Fannie Mae and Freddie Mac are not facing any kind of financial crisis while stoping The republicans led by john mcCain trying to regulate Fannie and Freddie

Look at today”s pictures of McCain – his right eye is MUCH LARGER than the other – two possibilities – STROKE or MALIGNANT CANCER of the eye (fatal)!!!
REPLACE SARAH PALIN AS VICE-PRESIDENT CHOICE OF 2009!
McCain IS NOT GOING TO LAST A YEAR MENTALLY, if nothing else! America DOES NOT DESERVE PALIN!!!

And this morning- CNN, another OBama network, had Jon Corzine on to explain the financial mess. What a great idea- bring on one the major profiteers of the financial world, who could only afford to run for Governor because of the hundreds of millions he made on these dubious instruments as head of Goldman Sachs and let him accuse Republicans of doing nothing to oppose it!
And hey, don’t allow an opposing viewpoint while you’re at it!
CNN is a garbage medium.
It is a miserable time for “journalism.”

RE: So John is against the ropes? I think not….at least he came out in favor of doing his “ELECTED” job whereas Obama said,”Give me a ring if I’m needed”. Now …there’s leadership for ya!! Way to go guy! NObama at his best!
Military acronym for Obama: FUBAR
Come on now…McCain hasn’t been to the Senate since April…now because of sinking poll numbers he actually finads motivation to do his job.

McCain’s general health is an issue, he is sick and has to admit it. America cannot be led by someone who has no understanding of anything but going to war, the army and the army. In a country of more than 300 million people, how come that we cannot have best candidates on both sides. Sad very sad. God save America from McSame. God bless America and God bless Obama. OBAMA/BIDEN08.

I live in AZ. McCain is notorious for NOT spending time in the Senate when votes come up on various issues. For example, a vote on tax breaks for alternate energy development came up 8 times in the last few years; McCain showed up ONCE for the vote and then voted against it when it would bring money to his home state of AZ if passed. His latest stunt is purely political.

If you watched Sarah Palin’s Interview with Kate Couric, you will be on the dollar to panic if you were John McCain.
That woman is empty. She couldn’t answer questions that really matter.
She danced waltz round all the questions that I kept wondering what sin we have commited against McCain that he has decided to punish us with this Woman.
Suspending Obama/McCain and extending it by one week will give Palin’s handlers to prep her further before she meets with Joe Biden.
They wouldn’t want her to go and make a fool of herself in a debate that will be watched globally.

For anyone that doesnt see this for what it is, a political ploy I have a few questions for you. Now I know most of your McCainiacs won’t answer but you at least are going to have to think about it First if it was SO urgent why did McCain go on Katie Couric after his announcement and is still planning on going to the Clinton event this morning. If it is so urgent why did it take him over a week and a half to head back to Washington. If it is so urgent why hadn’t he been in contact constantly with Congressional Leadership in Washington? If it is so urgent why did the McCain campaign wait all day to try to put out the joint statement with Obama? Do any of you realize that John McCain does not have a seat at the table to negotiate this deal? He nor Obama is on any Senate committee that will be crafting this bill. All he could possibly do is drum up votes for or against the measure and then vote himself. But here is the biggest question for anybody trying to support McCain on cancelling the debate. Our sitting president is dealing with this crisis right now. Not doing a great job but still he is in charge of it. Do you think George Bush has the luxury of not worrying about Iran right now or Afghanistan right now or Russia right now just because we have a financial crisis? More than 80 percent of Americans polled yesterday after McCain tried to cancel the debate said the debate should go on. Lets see if he listens to the people.

McCain spent 26 years blocking regulation…the Republicans have held the Congress hostage for 12+ years and you have the nerve to say it’s the Dems!
What a bunch of rats running from a sinking ship…one in which you punched mmost of the holes.
And, Obama is showing great leadership by understanding the situation and not injecting himself where it is not helpful. He has maintained contact and let the people in the appropriate committees do their work.

Any chance Dodd could just keep the door closed – and not allow McSame in? That would be pretty funny.

Had McCain really wanted to put politics aside, he would have accepted Obama’s offer to issue a joint statement. Pay attention here – Obama contacted McCain and to discuss how to move forward without politics getting in the way. McCain issued a unilateral statement calling to postpone the debates. As much as Palin and Bush have said “you can’t blink”, it would appear that we just watched John McCain blink.

Foomonkey, it’s important that you get ALL the facts about who from Fannie and Freddie are contributing to Obama and McCain. Yes, Obama received approx. $129,000 in donations to his campaign from “employees” at these institutions, however, and I think of greater concern to the point, McCain received over $169,000 from the group designated as managers, senior leadership and lobbyists working for F and F!

Stall the debates so Palin can have more time to cram. Unbelievable.

I find it interesting that practically every post here supporting Mc Cain, and his obviously desperate tactics, is almost word for word, a repeated rant from Sean Hannity.
I want to know if Fox is the only TV news outlet that is not deemed as “liberal media” by conservatives? Considering that every other outlet has called Mc Cains bluff, do you ever feel that your island is shrinking? It’s gotten so absurd…it’s almost like a witch hunt.

How about this McCain rushes to Bush for a hug on Wall Street (Hug #2) and Schmidt gloating in his war room doesn’t realize it yet but they just lost the election.

I am a registered Republican. As a dermatologist with over 20 years of experience, I would have to believe that there is a very significant probability that McCain will die of his melanoma, probably within the next few years. As I understand it, his first episode was in 1992, and he has had a total of 4 melanomas, one of which was deep enough to require a lymph node dissection. My experience has been that patients whose immune system clearly does not fight off melanoma (I’ve never had any patient who had more than 2 once we began observing them closely with consistent skin checks, as I know McCain gets), and eventually die of their melanoma, especially when it has been on the head or neck. Everything may seem to be fine for 5-10 years, then all of a sudden all the micrometastases reach critical mass, and there are lesions in the brain, bone and lungs – and the person is dead within three months. – Laura E. Skellchock, MD

Bahney Fwank should be doing the perp walk for his participation in this mess. I can’t wait to see what the FBI digs up. Keep up the bluster, Bahney. “Pay no attention to the man behind the cuhtain!! I am the gweat and powahful Bahney Fwank!!”

McCain is a joke Id had up until last night be undesided no longer..
McCain has shown he lacks any leader ship skills!
He is like a headless chicken!
20 poistions bad poll numbers and then he coming to the rescue…What a joke!!!
Americans are not that stupid John McCain!
The only thing that changed in the last day was McCains poll numbers!
So I guess Obama 08 it is!

The Bush White House is responsible for this entire mess. Let’s not forget that in 2003, Bush used the Office of the Comptroller of the Currency (OCC) to preempt all state predatory lending laws. Effectively, he rendered them inoperative.

McCain’s campaign manager lots the plot with this one..
He gets exposed for still talking money from Fannie and fredie and comes up with this ####..
I thought Id seen everything but this is the most infantile cheap political stunt.
Imagine a McCain Presidency it would make Bush look good!
Palin’s interview last like was almost a funny as SNL.
These two are like dumb and dumber!
I wasn’t sure before but now it all Obama.
Obama looked calm and like our next President!

The Bush White House is responsible for this entire mess. Let’s not forget that in 2003, Bush used the Office of the Comptroller of the Currency (OCC) to preempt all state predatory lending laws. Effectively, he rendered them inoperative.

I love Barney Frank. And I believe that it was Phil Gramm who was at the center of the deregulation – McCain’s economic advisor – not Frank.
Steve – You are completely right. A month ago, Gramm, a McCain suurogate, was telling us this economic problem was all “mental.” Last week, John McCain was saying that the economy was just fine and Sarah Palin said, and I quote, “Certainly AIG though with the construction bonds that they’re holding and with the insurance that they are holding very, very impactful to Americans so you know the shot that has been called by the Feds it’s understandable but very, very disappointing that taxpayers are called upon for another one.” It sure is, Sarah, especially since we’re getting 60 cents on the dollar. Except this week, you think it’s just fine.

On Oct. 1st 2008, there will be a permanent US infantry brigade (straight from Iraq) in charge of patrolling American soil to “help” during riots and rebellions (oh, and terror attacks.)
the plans are already in motion…..
Mission Accomplished

Gladly Dana Dane:
Can anyone say “RESPONSIBILITY”?
We can point fingers and play the name game later. Now is the time for action! Not more empty words. Talk, Talk, Talk… We Americans (legal) taxpayers are sick up and fed ofpoliticos that are elected to office doing nothing but midnight pay raises and taking vacations in the middle of crisis. Believe me..heads will fall on both sides of the aisle over this crap!

My instincts tell me McCain is in the process of a meltdown. If I were his doctor, I would give him something to calm him down. You can see the pressure. I am serious about this.

commrat72
“We Americans (legal) taxpayers are sick up and fed of politicos that are elected to office doing nothing but midnight pay raises and taking vacations in the middle of crisis.”
ever checked the amount of time Bush has been on vacation during his 8 years.. you might just be amazed
Mission Accomplished !

Fact: Barney Frank isnt going to get investigated by the FBI unless W orders it secretly to build a “file” against him.
Fact: John McCain and Phil Gramm did more to create this crisis by undoing the last of the depression era regulatory acts in 1999
Fact: The republicans have had control of all three branches of government until 2006.
Fact: While Obama received 140,000 in donations from FnMAE and FMAC employees, John McCain hired a lobbyist who is STILL with his company and received money until last month.
Fact: John McCain had not even read the 3 page proposal from paulson until yesterday (can anyone confirm that he read it yesterday)

McCain is stumped. This is an obvious ploy to delay the debates because Palin can’t answer questions without looking like the true moron she is.

Other blogs claim McCain ads ARE running in NC in spite of his claim to suspend the campaign and the ads. No comment needed.
I’m in Barney Frank’s district. (There are rumors that our district was gerrymandered by our grand old Republican governors, to get Barney out, — yet he keeps getting re-elected by large margins in a district that sometimes votes R!!!). He is a phenomenal, hard-working, accessible and straight-shooting rep. He has a sterling record on local issues and I like what he does federally. So, Smith and others, stuff it.

We’ve seen enough of McCain’s stunts over the years, first contributing in a big way to the financial meltdown over the SNL crisis by lobbying to protect his corrupt financial backer Keating, and after many other incidents now throwing a Hail Mary Pass to try and rescue his hopeless campaign. The sooner this cartoon character retires from the national stage the better for the country.

Regardless of whatever blame people posting comments about Frank want to say, It still doesn’t change the fact that his comments about McCain in this instance are correct. McCain is purely doing this as a calculated political move to try and change Obama’s momentum. The only difference is most Americans that are not of McCains philosophy of tell a lie enough times people will eventually believe it school, see right through him. Even other Republicans have said there is no role for McCain to play in this except to try and get other Republicans to agree with whatever his position is today. He tells his base Obama is missing on this economic crisis then he turns around and adopts the same principles that Obama laid out earlier last week. Obama calls him to initiate a joint statement, he tries to pull a one up on ya and does a press conference to make it seem like he is the one controlling the shots. I am so glad people are starting to see through his bull. Now he wants to delay the VP debates? His campaigns attitude of “I don’t care if I get caught in a lie, I’m just going to keep telling them” doesn’t have anything left but more deception and they can’t believe that most Americans are not falling for it.

This is his normal MO. He’s tried every dirty trick in the book, including saying that Raines is an Obama advisor when he is not, saying that Obama is responsible for what the governor of his state might have done, and that Obama will raise taxes on the middle class. That rasing taxes one befuddles me because if the middle class is X number of millions of dollars (according to McCain) then if Obama’s plan is taxing those people, hurrah.

Thanks for writing this article in hopes that those in the U.S. who are naive will see what others of us have long known about McCain.
McCain is SO OBVIOUS — he wants to go to the White House for photo ops and a hopeful Superman-like rescue to make the big news. I wouldn’t be surprised if something were very crooked about this whole trip as well. Just wait. Everything McCain does is crooked.
At this last date, most of the senators have already done all their hashing and rehashing of the plans and revised or rewrote large portions of it. Now McCain wants to waltz in and take the credit? I truly hope voting Americans aren’t that stupid.

Republicans on here actually trying to defend this joke of a campaign, are laughable and should hide all of their mirrors. Here’s the fact…John has turned into a bumbling, manic, flip flopping, gaffe shoot, that is a shell of his former self. He’s also become the most cynical presidential candidate to run for the White House in ages, the novelty of Super Sarah has worn off, and the American people are seeing what a lightweight she is. John McCain is a desperate old man, that is trying anything he can to save the running SNL parody that is his campaign.

Meanwhile, McCain ads are running like water around the Great Lakes. I’ve counted during the Today show alone in the Detroit area.
So much for suspending the campaign…
I have to give McCain some credit, though. He’s smart enough to know there are enough dumb Americans to fall for his b.s.

To John and Adnor -
No Barney-bashing and delusions that the Dems are responsible.
1. 5 years ago Fannie and Freddie were sound.
2. The “reform” was backed by Freddie Mac and Fannie Mae. Just because the Bush administration said it was real reform, does not mean it was reform and not another ideological scheme. In fact, the latter is to be assumed, given the Bush administration’s track record.
3. Many of the Republicans “reforms” had “poison pill” strategies, like not allowing voter registration drives in affordable housing developments.
The basic problem is that deregulation allowed investment banks to create instruments which created the illusion of safety for themselves and others.
Most at fault are the ratings agencies, who have zip liability.
It was market competition caused by lacking regulation and enforcement forced banks to make irresponsible, often over-priced, fraudulent loans to confused consumers.

John McCain got what he wanted. On the afternoon when the president of the United States had announced he would be giving the most important address of his presidency, arguably one of the most important presidential addresses of the last thirty years, the media was talking about John McCain canceling his campaign. McCain was grandstanding and it worked. I think people should rise up and tell John McCain, This is not about you! It’s about all those people on main street who are hurting because the “deregulate everything” types like you and Phil Gramm helped make the whole mess happen. I would remind John McCain, he is not president yet. He shouldn’t grandstand on the president and on the people who are doing the real work. There was going to be a time when McCain and Obama had to be brought in to support this, but the president and the negotiators needed to tell them when to come. Neither of them is president yet. McCain needed the spotlight so he held a press conference and put presidential politics into something that should be non-partisan. I hope this grandstanding is the last nail in the coffin of John McCain’s presidential ambitions. The debates should go on!

That palavering little putz Frank and his accomplice Dodd are both waist deep in responsibility for the current financial crisis.
Not only have both blocked regulatory reform on Fannie/Freddie, the GSEs at the root of our systems current meltdown, for years, but they have both benefitted from campaign contributions by the GSEs; not to mention being the agents of their defacto proclaimations to subsidize low income mortgages…
Both of hese disingenuous popinjays should recuse themselves from the debate, and indeed shoulod resign their respective comittee chairs!
The best financial reform we could enjoy as a nation would be if Frank and Dodd disappeared from the public sphere!

LOL! Repubs have had total control of the government for 6 of the last 7 years and now it’s the Democrat’s fault for not allowing desperate Repub cries for more government regulation???
You will really repeat absolutely anything Hannity tells you to, no matter how ridiculous. Do you have any idea of what your core conservative values are? Republicans have suddenly become the party who was always in favor of regulation, huh?
Tomorrow’s talking point: I heard Hannity has now declared that Repubs were actually always opposed to the Iraq war but we were forced to invade by the evil Democrat minority in Congress and Bush had no choice! IT’S ALL THE DEMS FAULT!!! Repeat it over and over until it’s true!
I got an idea. I know personal responsibility is a completely foreign concept to the average Repub, but now is the time to OWN YOUR FAILURE!!! You’ve had 8 unchecked years to implement conservative philosophies and this is the result. You’ve successfully destroyed America. The evidence against you is overwhelming. The case is closed.

“All of a sudden, now that we’re on the verge of making a deal, John McCain drops himself in to make a deal,” Frank said. “I really worry about this politicization of it.”
“Frank says that House and Senate Democrats have agreed upon what should be in the Wall Street bailout legislation. ”
Haha, not much of a contradiction there! Hey Barney hows that 40k+ you got from Mac and Fae doing for ya? So the democrats agreed with themselves, grand. The republicans weren’t going for it. If Barney is so pissed about McCain coming back he has no one to blame but Harry Reid who begged for McCain to come back, well Reid and Paulson.

jay:
I think your comments were incorrectly directed towards me. But since you dragged me into your line of thougtht:
Yes, McCain is in serious damage control. But guess what? It just might work. If Congress doesn’t pass anything this week and it goes into next week McCain will look like he took the correct action in that Congress needed additional time to come up with a prudent solution. If Congress slaps something together by Friday and the debate goes on as scheduled, McCain will look like he overreacted.
As of right now Bahney Fwank is already hinting there won’t be any bail out bill put together until next week.
BTW, if you think Frank and Dodd are clean in all this you are incredibly naive. You’re witnessing the greatest fraud ever perpetrated on the American public and two of the main perpetrators are charged with fixing the problem. You can’t make this stuff up, no one would believe you.

McCain is an idiot – he’s not Bush-lite, he’s Bush, older and dumber.

n the inner cities and low income areas

I really wish I could vote for Ron Paul.. McCain’s a joke I’m voting democrat all the way Obama can be my President!
McCain and Palin are fools!

Throughout this campaign, Senator McCain has conducted himself in a very irresponsible manner, and his erratic actions and statements are increasingly befuddling. This latest move is a clear Hail Mary moment designed to switch the conversation from Obama’s lead in the economy to his ‘selfless’ act to ‘save’ the economy with his ONE vote. A brilliant move, despite risks to global confidence, and amidst slipping public polls. Through the campaign, we have seen the spectacle of ‘Celebrity’ while Obama was in Berlin, and Palin’s family drama as analysis of Obama’s speech at the DNC was ripped off the airwaves. And now an act of feigned selflessness in suspending his campaign which has effectively changed the media conversation to inextricably tie the rescue package to his name, at the grave risk of further delaying the time-critical process through injection of presidential politics.
While strategically powerful, one does question why an upright, together candidate, would resort to such wanton acts of manipulation and diversions. ‘Celebrity’ was highly effective, as Obama’s poise, substance and popularity was used effectively against him. However,it is now becoming apparent that the woman who could be a 72-year old heartbeat away from presidency is woefully under-qualified for the task, and was selected purely for shock value and for stealing the media initiative. In this latest move, McCain’s interference risks delaying the bill, and eroding global confidence further by presenting to the world a divided America.
Repeatedly, Senator John McCain has turned away from his old respectable self, offered positions his campaign has not been able to back up (i.e. claiming to fight a lobbyist infested government when his own campaign is staffed and funded heavily by special interests). In his relentless charges of media ‘bias’ (creating doubts in the foundations of truth in society), followed by relentless volleys of lies, John McCain has shown a willingness to apply mass manipulation to misinform the electorate on key issues affecting their choice like taxation (50% of americans still believe that Obama will raise taxes for everyone), and applying the same old tactics of dividing the electorate with choices (abortion, guns, gay marriage) which are totally irrelevant for the challenges facing America today. With his campaign unable to pull ahead, McCain has also shown a willingness to steal the mantle of change from Obama, attempting to make some of his opponent’s key ideas (gov records on the web, reform) look like his own. Of late, there have been a very subtle injection of race into the conversation, and as evident in the rise of intolerant acts and statements across the blogs and across America, he has wilfully fanned the flames of racism – the rot of our society.
At the heart of his strategy is a general assumption that Americans are naive, unable to do their own research, and unable to be critical of attempts at manipulation. Taking a strongly anti-intellectual tone, one questions how this kind of leadership would encourage our young to strive for a better education. Instead of hope and promise, he has driven his campaign through fear and division.
With the race still close, his campaign strategy is still statistically effective. Looking deeper, one question lingers – is winning more important to John McCain than doing the right thing?

Barney Frank tried, and succeeded in stopping Bush Administration attempts to regulate Fannie Mae and Freddie Mac:
”The regulator has not only been outmanned, it has been outlobbied,” said Representative Richard H. Baker, the Louisiana Republican who has proposed legislation similar to the administration proposal and who leads a subcommittee that oversees the companies. ”Being underfunded does not explain how a glowing report of Freddie’s operations was released only hours before the managerial upheaval that followed. This is not world-class regulatory work.”
”These two entities — Fannie Mae and Freddie Mac — are not facing any kind of financial crisis,” said Representative BARNEY FRANK of Massachusetts, the ranking Democrat on the Financial Services Committee. ”The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.”

there is simply no bottom to the disgraceful, dishonorable tactics of the mccain campaign that in every move presumes americans are just too stupid to disentangle posturing from posture. we’ll see if they’re right.

So let me get this straight. The Republicans have been in control since the 1999 law went into effect that made it easier for Americans to buy and own homes, but now they’re blaming the Democrats for no oversight when they’ve been in charge? Phil Gramm, McCain’s economic policy architect just told us we’re a nation of whiners and it’s a mental recession. John McCain just last Monday said that the fundamentals of our economy are strong, then had to clarify that the traditional fundamentals like unemployment, job growth, standard of living, etc. weren’t the fundamentals he was talking about, but that he was talking about workers being the “fundamentals?!?!” McCain, roughly 24 hours later, then said we’re in a financial crisis after being called an economic buffoon by just about everyone. Next, McCain and his campaign were just caught lying about the relationship Rick Davis, his campaign MANAGER, has and had with Fannie Mae and Freddie Mac – receiving $2M in fees to lobby on behalf of their deregulation and then turning around and saying, well, I’ll do it alone for you for $15K/month up until last month?!? McCain is dropping in all national and swing state polls, and NOW ALL OF A SUDDEN he’s needing to drop himself into these negotiations? What a joke. McCain surely can’t even be taking himself serious anymore. And Sarah Palin, interviewed by Katie Couric, was not able to name one instance of McCain ever being for deregulation in his 26 years of political life was just the icing on the McCain Titanic.
Like Obama said, they both have jets. They could easily fly back to Washington at a moment’s notice, no need to suspend campaigns and disrupt debates, unless you know you’re on the short end of the stick.
Politics as usual for John McCain, wrapped up in the facade of an American hero.

What the hell??? McCain stated in a radio interview that he had not read the bail-out proposal…
How could you not have read the proposal that has America’s economic future in it? This man is CRAZY!!!

My favor part of this argument is that McCain is going back to Washington to do his job, does this mean he hasn’t been doing his job before? According to the Washington Post who has been keeping track of voting records of Senators, John McCain has missed 64.1% of his votes, that is called not doing your job. If I missed work almost 2/3 of the time I would be fired. Why is no one questioning McCain on his job performance, or the fact that he is not even on the committee that is arguing this bill. But wait hes a maverick, so much of a maverick that he can show up to work.

Barney Frank should be under indictment!!

Spock. you got any links to back up you claim that Democrats blocked Bush on regulations in 2003?

Commrat72
For Senator Obama not to have done anything, as you put it, he sure is upstaging your boy McCain.

Funny, McCain never did anything to stop or prevent this as Chair of the Republican Senate Caucus for the Financial Services Committee!

Barney Frank is part of the reason we are in this financial mess. His leadership on that committee has been flawed from the get go. I’m from MA and Frank is my Rep., I take no pleasure in holding him accountable for this, but he does need to share in the blame for failing to see this mess coming. Shame on you Barney Frank!

Spock, you say “For all you nitwits out there the congress was not controlled by Republicans they had the majority, the democrats had enough members to block everything that would help…”
Then, “This lies solely on the Democrats, who are in Complete control now!!”
The majority the Democrats have is the same that the Republicans have. Do you see the inconsistency in your statement?
By the way, it was the Gramm-Leach-Bailey Act that created this mess in 1999. Democrats are partially responsible for this, but it was McCain’s advisor Phil Gramm, rumored to be his Treasury Secretary if he wins, who created it.

The bush adminstration in 4/2001 raised red flags, the 2002 budget requests declares Fannie Mae and Freddie Mac
“Potential problem.. and can cause strong repercussions in the financial markets”
In 2003 the White House upgraded the warning to a systemic risk that could spread beyond the housing sector.
John Snow Treasury Secretary called for Regulations & Supervision of GSE’s.
Barney Frank (D-MA) denied there was any problem ” Fannie Mac & Freddie Mare are not in Crisis”
Encouraging the government to do more to get low income families into homes, Ultimately blocking the regulation.
Allan Greenspan , 2/17/2005 spoke about the dangers of Fannie Mae & Freddie Mac “enabling these institutions to
increase in size -and they will once the crisis in their judgement passes-we are placing the total financial system of the future at a substantial risk
Charles Schumer (D-NY) 4/6/2005 …”I think Fannie & Freddie have done an incredibly good job, and are an intristic part of making america the best housed people in the world….if you look over the last 20 or whatever yrs. Theyve done a very, very good job.”
McCain (R-AZ) 5/25/2006 For years I have been concerned about the regulatory structure that governs Fannie Mae & Freddie Mac…
and there sheer magnitude of these companies and the role they play in the housing market…the GSE’s need to be reformed without delay.”
That bill ( FEDERAL HOUSING ENTERPRISE REGULATORY REFORM ACT) made it out of the senate banking committee with a party line vote all the democrats voted against it.
Senator Obama did not weigh in on the bill

The debate commission has decided the debates will go on. But I urge everyone to call and voice your opinion. The American people deserve to hear what both candidates will do. The show must go on. Maybe McCain is just too old to be multitasking. I also heard that Pelosi and Boehner were issuing a statement yesterday that the proposal is about done. So why did McCain call Panic in the Public?

Jackson in NC
Sorry, My bad.

The 1992 Presidential Debates with Ross Perot were not dull. His warnings have now come true. Replace John McCain with Ron Paul. Add Ralph Nader and Cynthia McKinney. Barack Obama must earn his victory, not win by default.

Why are all the Democrats corrupt? Obama chose the right party. How did he manage to pull the wool over so many people’s eyes? Typical scumbag tacits – McCain so busy defending himself from the left-wing media that ‘Barry’ gets off scot-free. I’ve not seen any real criticism of him. Never. He’s the most corrupt politician ever up for presidential election and no-one examines that. No-one No policies. No solutions. Nothing – just empty rhetoric. It’s insane. No-one sees what he is. No-one. All mindless sheep being led by the slaughter. No wonder he went down well in Berlin. Another mindless nation. God help America.

You have no choice, pay the money or martial! lThis is not an accident.
Its not right, being held hostage this way. Privitizing profits and Socializing losses. The Bush/McCain way

I think it’s sad that a presidential candidate is interrupting the actual work of legislators to resolve the crisis (led by the Democrats, by the way) with this kind of empty political showboating. Talk about lack of substance.

That would be the same Barney Frank who said 2 years again that Freddie and Fannie were solid and needed no regulation?
Why would anyone doubt anything he says now?

Barney Frank is tring to help us. When the hell will American’s take back our country from these criminal politicians. Bush/Cheney have robbed the American public of not only our hard earned tax dollars but the lives of thousands of innocent soldiers as well as our once good name. If McCane and Palin take the White House they will begain to erode our country further. Stop listening to the radio airwave lies and take charge before it is far to late, as I fear it may already be.

MESSAGE to FRANK: Just shut-up and get back to work. You got a lot of wasted time to make up for – you moron.
Who elects these clowns?

And just for the record, Harry Reid told McCain he’d better get back to Washington to help with the bailout bill and when McCain did return, criticized him for going.
You can’t have your cake and eat it too. I’m sick to death of how unfairly this has been covered.
Harry Reid was the one who told McCain to come back to Washington!

Amazing!! We have 4 or 5 times with Barney Frank on C-span telling everyone that Fannie and Freddy are solid and do not need more regulations…. Now we have quite a group saying they were not a fault, it was all a Republican plot and just because we controlled the congress for two years does not mean we could actually do something. I guess if facts do not matter then they are correct. It has become easy to blame and point; you just ignore the actual facts and tell yourself what you want to believe and then spread this around as “fact.” Oh my, don’t confuse me with facts, my mind is made up. Good grief!!!