Posted by
Alan on Friday, September 26, 2008 12:51:48 PM
Barney Frank must think the American people are stupid. He is the main culprit in the sub prime mortgage crises. Frank, The Congressional Chairman of the Financial Service Committee, and the democratic party pushed for the easing of mortgage lending so many more people could qualify for home ownership. Well, that happened and now many of those people are defaulting on their loans. Now he and his democratic colleagues, who control congress and have the votes to pass this 700 billion dollar bailout, are blamimg the republicans for not supporting a bill that was put together by President Bush, Sen. Reid & Speaker Pelosi. If Bush, Reid and Pelosi think this is in the interest of the American people, than pass this bill and send it to the president for signing. Since Pelosi became speaker and Frank became chairman, she has shut out the republican minority in the house. Why are they squealing now?