Barney Frank Circa 2005: What Housing Bubble?
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April 30, 2010 The Blog

In 2008, I posted a video that showed the Demcrat’s refusal to deal with Republican concern about Fannie Mae and Freddie Mac. I wrote the following:

It is this meddling in the free market that has caused this crisis, this socialist redistribution of wealth. Since they did welfare reform in 1996, they had to find another way to redistribute wealth. And once again, socialism has failed. Stop blaming free enterprise when the businesses were just doing what the government was telling them to do.

To further illustrate how unconcerned Barney Frank was with the housing bubble, here’s a speech he gave in 2005:




“You are not going to see a collapse that you see when people talk about a bubble.”

Still trust the Democrats with the economy? Why?

4 Comments
  1. Andrew Riley May 1, 2010 at 1:10 am - Reply

    Well I can't speak for the entire country, but the bubble blew up like a ton of dynamite here in Phoenix. And my home value has "ebbed" by about $100,000 thanks to the fine work of Baney Fwank and his buddies.

  2. Andrew Riley May 1, 2010 at 1:10 am - Reply

    Well I can't speak for the entire country, but the bubble blew up like a ton of dynamite here in Phoenix. And my home value has "ebbed" by about $100,000 thanks to the fine work of Baney Fwank and his buddies.

  3. Rohrbaugh May 2, 2010 at 1:31 pm - Reply

    I'm sure he has learned to talk with his mouth full, talking with it empty makes him sound like that.

  4. Rohrbaugh May 2, 2010 at 1:31 pm - Reply

    I'm sure he has learned to talk with his mouth full, talking with it empty makes him sound like that.

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