Barney Frank On Bailouts, Welfare

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By Barry Ritholtz - December 14th, 2008, 9:19PM

December 14, 2008

See also:

Frank Tells 60 Minutes An Auto Industry Bailout Would Help People, Not Companies

http://www.cbsnews.com/stories/2008/12/11/60minutes/main4663945.shtml

Chairman Of The Board
Rep. Barney Frank (D.-Mass.), whose position as House Financial Services Committee Chairman puts him right in the middle of the controversial government bailouts, talks to Lesley Stahl.

http://www.cbsnews.com/video/watch/?id=4668109n

4 Responses to “Barney Frank On Bailouts, Welfare”

  1. Chuck Ponzi Says:

    Barney Frank… Smartest guy in congress?

    BWAHAHAAHAAHAAAHA!

    If that’s true, that’s a truly sad statistic, but one I’m sure probably fits, seeing as he is a retard in a room full of nincompoops.

    Chuck Ponzi

  2. Mark E Hoffer Says:

    Frank: “knows more about Wall St. …”(?)

    “Not in Equities?!? ( Implied: What GeeeNe-us )

    yet, he’s getting his face ripped off in Muni-Bonds (?)

    with Slurping like that, provided by Leslie Stahl, provided in a ‘News’ piece…

    BR,

    I hope your “Disinfo/Agitprop”-Tab on TBP 1.1 is steel-belted and kevlar impregnated…

  3. Jojo99 Says:

    Looks like Barney is making the media rounds. Doe she have a book coming out?
    ===================

    Barney Frank on Detroit, Housing, and Executive Pay

    “This [car czar] is going to ensure that a lot of people do things that are in everybody’s interest….Nobody wants to be the only sucker”

    Full interview with Maria Bartiromo

  4. gspencer Says:

    Do not let these same highly paid incompetent auto executives and their overpaid union workers continue their featherbed deals, job banks, perks, private jet airplanes, stupid business decisions, and etc. with taxpayer money. These same people took so much money from the US Auto Industry that they bled the US Auto Industry to death. Let them go bankrupt so other parties can buy their assembly plants and re-start these plants as non-union automobile manufacturing operations.

    The suppliers have ample warning of the possibility that they might not get paid, and need to get these financially irresponsible US auto makers on a COD or Cash in Advance Basis.