Barney Frank is a lying sack of excrement. Oh, we beg your pardon. Did we say that? It just slipped out by accident. Here’s a Bloomberg News story from March 5, 2009:
“U.S. House Financial Services Committee Chairman Barney Frank said he wants to see people prosecuted for wrongdoing related to the financial crisis as lawmakers overhaul regulation of Wall Street.”
“Frank will call on attorneys general, bank regulators and officials from the U.S. Securities and Exchange Commission to outline plans for prosecuting and recovering funds from those responsible for the crisis, he said today at a news conference in Washington.”
“’What are your plans to prosecute those people whose irresponsible and, in some cases, criminal actions helped bring about this crisis?’ said Frank, a Massachusetts Democrat.”
He’s a hero, that Barney Frank. A man of honesty, courage, and conviction. A man who did everything possible to keep our financial system safe. Except when he’s the afore-mentioned lying sack of excrement as proven by this quote from a September, 2003 House Financial Services Committee hearing:“Frank will call on attorneys general, bank regulators and officials from the U.S. Securities and Exchange Commission to outline plans for prosecuting and recovering funds from those responsible for the crisis, he said today at a news conference in Washington.”
“’What are your plans to prosecute those people whose irresponsible and, in some cases, criminal actions helped bring about this crisis?’ said Frank, a Massachusetts Democrat.”
“I worry, frankly, that there’s a tension here. The more people, in my judgment, exaggerate a threat of safety and soundness, the more people conjure up the possibility of serious financial losses to the Treasury, which I do not see. I think we see entities that are fundamentally sound financially and withstand some of the disaster scenarios…I believe there has been more alarm raised about potential unsafety and unsoundness than, in fact, exists.”
George Washington couldn’t tell a lie. Bill Clinton couldn’t tell the truth. And Barney Frank can’t tell the difference.
