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Housing Bubble Architect Barney Frank, a career politician and Democrat who spent 32 years telling us what to do from Congress, has offered up a deathbed declaration. Maybe don’t go so far left. Frank told CNN’s “State of the Union” Sunday that his record gives the message weight. “It’s precisely because I have been on the left … Read more
Posted by David Boaz “Rep. Barney Frank, chairman of the House Financial Services Committee, said Tuesday that he will hold a hearing this fall to examine whether regulators are being tough enough in curbing pay practices at Wall Street firms that can lead to excessively risky practices,” writes Zachary Goldfarb in the Washington Post. Hmmm. “Pay practices that can … Read more
We need to be reminded that every time someone tried to stop the expansion of the GSE’s and to try to prevent an expanding housing bubble Chris Dodd or Barney Frank stood up and said there was no reason to worry. They were wrong. But why have they not paid for the mistake? http://biggovernment.com/jdunetz/2010/08/11/blame-barney-frank-for-the-recession-not-george-bush/