Anonymous
Anonymous asked in Politics & GovernmentPolitics · 1 decade ago

Why Did Barney Frank Lie About Fannie And Freddie In 2004?

He said they were fine- when they were NOT FINE! What happened to that CEO of Fannie- Mr Rains? Who walked away with 200 MILLION DOLLARS? You never hear about that guy? Or the guy that ran AIG since 2005' - never hear about him either? They blame the guy before him and now the guy after him that has only worked there since last fall! Could this all have been set up? Rains, and that AIG CEO from 05-08' dilibratly destroyed these companies for Politicians?

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  • Bill
    Lv 7
    1 decade ago
    Favourite answer

    Barney Frank has no intention of restraining his grubby government paws. Hope and Change…. How do you like it so far???? o_O

    Beyond AIG: A bill to let Big Government set your salary

    http://www.washingtonexaminer.com/politics/Beyond-...

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  • 1 decade ago

    Set up yes. Bankers needed money lets create some make believe credit default swaps and other worthless paper and create a meltdown but only after we have raped the system. then we get our dupes (polititians) to expain it away.(remember the governor doing his dance on the capitol steps in the movie "the best little whorehouse in Texas) that would be Barney,a clown at best.then all the pols point fingers and the news puppets spew the line of bs given them by the corporatocracy that owns them..then they blame it all on the poor slob who was just trying to make a buck by investing in some spec real estate.no mention of all the jobs that were created by this super hot building boom.of course free money to all allowed that to happen. karma will take care of the outright crooks.

    Source(s): observation
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  • 1 decade ago

    Either intentional or unintentional it was a manufactured crisis by the democratic party. Pure and simple. They were all taking campaign contributions from both freddie and fannie. Rains is in the Obama administration. Says a lot, don't it?

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  • 1 decade ago

    Ya I have been saying that for months where are those heads!! I want someones A$-$ in jail for that!! We never hear about it because are ya ready Beccccccaaaaaaaaaauuuuuuuusssssssseeeeeeeeeeeeeeeeeee

    The Libtards are sitting smack in the middle of it all!!!

    Oh and this is the best part of it all who was a major donator to the Bamster???

    RAINS!!!

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  • jaimee
    Lv 4
    4 years ago

    this entire the Republicans are evil and the Democrats are saints factor has rather have been given to surrender. Politicians, for the main area, decide on regulation for one reason and one reason in user-friendly terms. skill. that's why they continually have some loophole for their cronies so as that the gravy prepare of marketing campaign donations keeps rollin in, and so as that they'd dole out favors to their acquaintances and punish their enemies. the situation is with the corruption in Washington with the yankee tax payer paying the value. we truthfully would desire to surrender the interior struggling with approximately who's factor is greater helpful and withstand end the corruption.

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  • 1 decade ago

    Because Barney Frank is an ***. Libs know it, Conservative know it. The man is a joke.

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  • Anonymous
    1 decade ago

    He was trying to do EXACTLY what conservatives had been trying to do for over 30 years - keep regulators off of the backs of business.

    Why are conservatives bellyaching about him doing what they've always said they wanted to do?

    Why, all of a sudden, are we supposed to believe that cons want to regulate the h*** out of industry after 30 years of telling us otherwise?

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  • Anonymous
    1 decade ago

    Bawney Fwank is a liar. Do you honestly expect him to tell the truth?!

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  • W.
    Lv 4
    1 decade ago

    Because he's a liar. Lying is what liars do. That's what makes them liars.

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  • 1 decade ago

    why would you listen to anything barney says?

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