It could probably be shown by facts and figures that there is no distinctly native American criminal class except Congress.
- Mark Twain
More importantly, they may have handed the election to Obama, and in so doing, they have set America up for the worst possible leader in a perilous time. Not a bad day's work for our "progressive" socialist fifth column and the America-haters that pull its strings.
Yet Rep. Frank repeatedly and clearly stood against fiduciary controls. In 2003, he defended them in The New York Times, saying,
"These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis. The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing."
"Under the leadership of our chairman, Barney Frank, as I called him on the floor, a maestro, we were able to make improvements, working in a bipartisan way, making improvements in the legislation, and then make more improvements in the legislation before it came back to the floor today.
"The eye now is to the future. To shine the bright light of accountability on what is happening in our financial markets so that it doesn't happen again. That accountability will tell us how we got to this place and ferret out the abuses. That accountability will honor our trust to the American people.
"Mr. Frank will be holding hearings on where we go from here, because we are about the future. Mr. Waxman's hearings will be instructed as to how we got here -- that we know how to avoid this in the future.
"If Schumer continues to go public with letters raising questions about the condition of individual institutions, he will cause havoc in the banking system. Leaking his IndyMac letter to the press was reckless and grossly irresponsible. I don't see how he can be trusted with confidential information in the future."
- Former United States Comptroller of Currency John D. Hawke
This is where taxpayer money goes, funding organizations that steal our votes and our tax dollars. This is where the Democrats in congress send it. Senator Chris Dodd brazenly attempted to slip funding for ACORN Housing in an early version of the Economic Stabilization Act. Harry Reid tried to disguise an oil shale exploration ban. Add to that a dozen earmarks for everything from rum imports to children's archery equipment and you can see that for such a dramatic "crisis," many of our legislators do not take it seriously. So many crises are manufactured for political ends that it is hard for some in Congress to ferret out actual emergencies. One thing remains clear: the taxpayers have been funding the Democrat political machine and front groups like ACORN for far too long.
There are some bad guys in "that situation." They belong to the same political party and have accomplices across the aisle. They are Buffet's chums and they love investment bankers, whom they have helped make billions, and in turn, they receive a tidy sum on top of what is stolen from the American people.