New Congressional Report Blasts Frank And Clinton!

[AeroGuyDC]

Originally Posted by swagger

I remember when I was a bank teller back in the mid 90's, there were a lot of "rules" that we (the tellers) had to tiptoe around because of the CRA. I also remember there being an air of concern over the act, as if it was going to break the bank or something.

Hmm....

I totally believe that. Not to mention that every thinking American saw what was coming even though our elected leaders could not. I don't think they're ignorant, I just think they chose to ignore what the corporate lobbyists told them to ignore. I blame Congress first, businesses and banks second, and the people third.

[Miborn]

Originally Posted by nvxplorer

In 2001, Republicans controlled the House. Try again.

Frank was more powerful than Bush in 2001? Are you really gonna go there?

Oh...nevermind. You'd defend Satan if he joined the Republican Party.


I'll remember that next time.

This video clearly shows that George Bush warned
Congress starting in 2001 that this economic crisis was
coming if something was not done. But Congress refused to
listen, along with the arrogant Congressman, Barney Frank.
The liberal media reportedly did not want this video on You Tube; it was taken off.

Obama and Bush Caused the Mortgage Crisis..... No, wait... // Current (http://current.com/items/90282387_obama-and-bush-caused-the-mortgage-crisis-no-wait.htm - broken link)

[momonkey]

Originally Posted by nvxplorer

I'm not defending anybody.

Laying the blame on Clinton and Frank, without taking responsibility for the years of complete Republican control of government, is intellectually dishonest. Are you intellectually dishonest, mo?

OK, by now we all know what Frank, Clinton, Dodd, Waters and the rest were up to, What specifically did Bush and the rest of the Republicans do or fail to do? Being alive on the same planet does not necessarily transfer guilt.

[momonkey]

Originally Posted by nvxplorer

In 2001, Republicans controlled the House. Try again.

Frank was more powerful than Bush in 2001? Are you really gonna go there?

Oh...nevermind. You'd defend Satan if he joined the Republican Party.


I'll remember that next time.

I'll concede that the republicans are guilty of not impeaching the members who undermined the financial safety nets and coercing banks and the GSEs to loan to people with 660 or lower credit scores. But aside from that what actions can you assign to republicans?

[momonkey]

Originally Posted by AeroGuyDC

I totally believe that. Not to mention that every thinking American saw what was coming even though our elected leaders could not. I don't think they're ignorant, I just think they chose to ignore what the corporate lobbyists told them to ignore. I blame Congress first, businesses and banks second, and the people third.

I would include the self-serving press in that list.

[AeroGuyDC]

Originally Posted by momonkey

The report came out yesterday. You can't say Republicans are rewriting history. Democrats controlled the Senate in 2001 and 2002, and they controlled The entire Congress in 2007. The rest of the time they threatened filibuster. Do nothing? The new Congress is doing plenty. They're just not reading the things they pass.

Party In Power - Congress and Presidency - A Visual Guide To The Balance of Power In Congress, 1945-2008

So no defense for Clinton? How about Frank?

Thank you for posting this link. Anytime I hear "Republican rule over the past XX years has destroyed this country" from liberals I will be sure to point them to the facts.

[Miborn]

Originally Posted by AeroGuyDC

Thank you for posting this link. Anytime I hear "Republican rule over the past XX years has destroyed this country" from liberals I will be sure to point them to the facts.