It seems that even in his home state of Massachusetts, the people blame Barney Frank the most for our current mess!
According to the Boston Herald, “When it comes to the Wall Street meltdown, Rep. Barney Frank is considered the engineer of the financial train wreck...”
WoW!
It’s true what they say, the people are indeed smarter than most pundits and politicos give them credit for.
The Boston herald article goes on to say, “Some readers argue all you have to do is click over to YouTube and listen to Frank, in the fall of 2003, swear “Fannie and Freddie (are) not in a crisis!” and are “fundamentally sound financially.”
“Whoops, guess not.
“Fannie Mae and Freddie Mac have been taken over by the government and are under a grand jury investigation.”
Indeed they are.
With over 5,000 readers responding to a bostonherald.com poll posted mid-day Monday (9/29/08) the breakdown goes like this:
* 36 percent state Frank is out in front.
* Bush is second with 29 percent for missing red flags.
* Greenspan, now knocked off his guru perch, is third with 19 percent blame.
* Former President Bill Clinton falls next with 12 percent responsibility.
* Barack Obama, 3 percent, and John McCain, 1 percent, escape mostly unscathed, for now.
Article URL: http://www.bostonherald.com/news/2008/view.bg?articleid=1122387
.According to the Boston Herald, “When it comes to the Wall Street meltdown, Rep. Barney Frank is considered the engineer of the financial train wreck...”
WoW!
It’s true what they say, the people are indeed smarter than most pundits and politicos give them credit for.
The Boston herald article goes on to say, “Some readers argue all you have to do is click over to YouTube and listen to Frank, in the fall of 2003, swear “Fannie and Freddie (are) not in a crisis!” and are “fundamentally sound financially.”
“Whoops, guess not.
“Fannie Mae and Freddie Mac have been taken over by the government and are under a grand jury investigation.”
Indeed they are.
With over 5,000 readers responding to a bostonherald.com poll posted mid-day Monday (9/29/08) the breakdown goes like this:
* 36 percent state Frank is out in front.
* Bush is second with 29 percent for missing red flags.
* Greenspan, now knocked off his guru perch, is third with 19 percent blame.
* Former President Bill Clinton falls next with 12 percent responsibility.
* Barack Obama, 3 percent, and John McCain, 1 percent, escape mostly unscathed, for now.
Article URL: http://www.bostonherald.com/news/2008/view.bg?articleid=1122387
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Hopefully the MORE information gets out there and the MORE people learn, the more people will come to see the truth, that is, this crisis wasn’t caused primarily by “private sector greed” but by “governmental malfeasance and abuse of authority.”
Today, I’m feeling so good about the people of the Bay State, that I, a New Yorker, will say, “Go Red Sox...Go Celtics!”
And that wasn’t easy...believe me.
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THANKS to Rachel for the Boston Herald article! Rachel's always AWESOME!!!
