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Author Topic: Thanks Barney  (Read 1192 times)

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Offline jack

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  • Posts: 1,578
  • fomerly the loser known as Jake
Thanks Barney
« on: November 16, 2007, 09:20:56 AM »
Barney Frank fought tooth and nail to stop further regulation and tougher guidelines for Fannie Mae,even after Franklin Raines looted and hid losses totalling billions(jaime Gorelick was Co-CEO). This was one of the biggest financial crimes of all time but since it is so closely tied to politicians,because this government backed institution makes political contributions to democrats and some republicans, they never exposed it. Well guess what? They are cooking the books again. This happened because Barney would not allow new regulators to control these crooks.

This will continue to occur unless those guilty are punished. Spitzer let MER,C, and JPM off the hook in the Enron debacle for a few hundred million,no prison. So guess what,they all get involved in this mortgage scam.
No one from Fannie Mae,including Fast Franklin Raines has been fined or punished for the largest financial crime in history. Guess what? They did it again.

Offline Dachshund

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Re: Thanks Barney
« Reply #1 on: November 16, 2007, 09:34:44 AM »
I thought Fannie Mae was that stripper that ended up in the tidal basin with Congressman Wilbur Mills.

Offline mjmel

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  • Posts: 2,069
Re: Thanks Barney
« Reply #2 on: November 16, 2007, 08:08:31 PM »
They should all be forced to move to an island...........isolate 'em so they don't spread their vicious evil ways.

Offline jack

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  • Posts: 1,578
  • fomerly the loser known as Jake
Re: Thanks Barney
« Reply #3 on: November 20, 2007, 09:36:49 AM »
check out Freddie Mac and Fannie Mae today. Barney is totally responsible for these losses. Bush and republicans fought for tougher regs and guidelines on both of these Corporations(that have an implied fed guaranty)and Barney stonewalled them at every turn.  Who profited? Dem politicians who are the largest recipients of FNM and FRE favors and political donations and of course Corp. insiders who have huge salaries and option programs. Everyone else got fucked. Even if you dont own the stock you got fucked cause taxpayers will foot the bill for this debacle.
Corrupt politicians led to this financial disaster. Thanks Barney. I thought you were smarter than this.

Offline Dachshund

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  • Posts: 6,058
Re: Thanks Barney
« Reply #4 on: November 20, 2007, 09:42:32 AM »
Yep, thanks Barney for pissing off Jack. ;D


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