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Old June 12th, 2009, 08:39 AM   #1
82CardsGrad
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Barney Frank - WTF?


God this guy is a hoot!!

http://www.thedeal.com/dealscape/200...rney_frank.php

Still haven't figured out how link a video, so just click on the above and the video is there...
Pretty funny stuff...

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Old June 12th, 2009, 10:07 AM   #2
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This is newsworthy because???????
I fail to see the humor? He was actually making sense and they wouldn't let him respond by interrupting him. The absolute bias description of a "melt down" is completely off IMO. I'm no Barney fan, but he was 100% right in cutting of the interview. He's giving his time and if they are going to manipulate it, than he has every right to walk away and should.
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Old June 12th, 2009, 10:13 AM   #3
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I fail to see the humor? He was actually making sense and they wouldn't let him respond by interrupting him. The absolute bias description of a "melt down" is completely off IMO. I'm no Barney fan, but he was 100% right in cutting of the interview. He's giving his time and if they are going to manipulate it, than he has every right to walk away and should.

How did they manipulate it? Frank misrepresented the position of the interviewer and the interviewer attempted to set him straight. If anything, it seems to me that Frank was the one doing the manipulating...
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Old June 12th, 2009, 10:34 AM   #4
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CNBC vs Barney Frank.

Clash of titanic idiots and fools.
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Old June 12th, 2009, 10:41 AM   #5
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How did they manipulate it? Frank misrepresented the position of the interviewer and the interviewer attempted to set him straight. If anything, it seems to me that Frank was the one doing the manipulating...
It wasn't one interviewer, one guy asks him 2 questions and in the middle of answering, another guy interupts him and asks him a third. IMO he didn't misrepresent the 2nd guy, the guy was clearly dismissing what Frank was saying and in a snide tone as irrelevant... in fact he said that. Frank took that to mean one thing and ended the interview. The interviewer offered nothing, no alternative, he just dismissed the ideas as bad. Of course had he waited until Frank was done answering the original questions, he might have offered a different idea and the conversation might have continued, but that didn't happen.
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Old June 12th, 2009, 01:40 PM   #6
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It wasn't one interviewer, one guy asks him 2 questions and in the middle of answering, another guy interupts him and asks him a third. IMO he didn't misrepresent the 2nd guy, the guy was clearly dismissing what Frank was saying and in a snide tone as irrelevant... in fact he said that. Frank took that to mean one thing and ended the interview. The interviewer offered nothing, no alternative, he just dismissed the ideas as bad. Of course had he waited until Frank was done answering the original questions, he might have offered a different idea and the conversation might have continued, but that didn't happen.

Shockingly - we see it differently... Who would have guessed!

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Old June 12th, 2009, 02:54 PM   #7
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Barney Frank looked like a tool. And the interviewer looked like a tool as well. That was laughable from every angle.
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Old June 12th, 2009, 04:49 PM   #8
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Glomming on to Fanny and Freddie is preposterous. Does anyone realize that they only originate 20% of their own loans (during the bubble)? Does anyone realize that they have harder qualifications than any of the subprimes? Does anyone realize that the biggest folly was repealing Glass-Steagal?
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Old June 12th, 2009, 10:33 PM   #9
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Glomming on to Fanny and Freddie is preposterous. Does anyone realize that they only originate 20% of their own loans (during the bubble)? Does anyone realize that they have harder qualifications than any of the subprimes? Does anyone realize that the biggest folly was repealing Glass-Steagal?
No because the Wingnuts would have to hold thier whole party accountable. The wingosphere are the masters of creating boogie men to distract from the hard truths and who better to pin that on than a "scary"gay progressive liberal and poor people?
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Old June 13th, 2009, 06:08 AM   #10
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If you have some on your show for an interview, you should show him respect. You know his views before hand, and Mr. Frank seemed to be trying to answer all questions ask.

The guy interviewing Frank is in the wrong. That was totally unprofessional on his part, his job is to conduct an interview, and he fail miserably at that job. If I were Frank I would have done the same thing.

Now I agree Barney Frank is a bit "out there" sometimes, but he is one of the few politicians that thinks outside the box and tries to put some logic into making laws for this country. I don't ALWAYS agree with him, but at least he is not another parrot just echoing the popular opinion.

"Something doesn't have to be perfect, to be better than the status quo"

THAT is a great, great point.
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Old June 13th, 2009, 09:14 AM   #11
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Old June 13th, 2009, 09:42 AM   #12
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Originally Posted by 82CardsGrad View Post
God this guy is a hoot!!
First few times I read this I thought you were saying:
"God this guy is hot!!"
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Old June 13th, 2009, 08:17 PM   #13
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Originally Posted by Divide Et Impera View Post
Glomming on to Fanny and Freddie is preposterous. Does anyone realize that they only originate 20% of their own loans (during the bubble)? Does anyone realize that they have harder qualifications than any of the subprimes? Does anyone realize that the biggest folly was repealing Glass-Steagal?
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No because the Wingnuts would have to hold thier whole party accountable. The wingosphere are the masters of creating boogie men to distract from the hard truths and who better to pin that on than a "scary"gay progressive liberal and poor people?
You guys do realize that this happened during Clinton's Adminstration, don't you?

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The Gramm-Leach-Bliley Act, also known as the Gramm-Leach-Bliley Financial Services Modernization Act, (Pub.L. 106-102, 113 Stat. 1338, enacted November 12, 1999) is an Act of the 106th United States Congress (1999-2001) which repealed part of the Glass-Steagall Act of 1933, opening up competition among banks, securities companies and insurance companies. The Glass-Steagall Act prohibited any one institution from acting as both an investment bank and a commercial bank, or as both a bank and an insurer.

The Gramm-Leach-Bliley Act (GLBA) allowed commercial and investment banks to consolidate. For example, Citibank merged with Travelers Group, an insurance company, and in 1998 formed the conglomerate Citigroup, a corporation combining banking and insurance underwriting services under brands including Smith-Barney, Shearson, Primerica and Travelers Insurance Corporation. This combination, announced in 1993 and finalized in 1994, would have violated the Glass-Steagall Act and the Bank Holding Company Act by combining insurance and securities companies, if not for a temporary waiver process.[1] The law was passed to legalize these mergers on a permanent basis. Historically, the combined industry has been known as the financial services industry.
http://en.wikipedia.org/wiki/Gramm-Leach-Bliley_Act
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Old June 13th, 2009, 08:23 PM   #14
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Is Barney Frank really the humanized version of Elmer Fudd? Seriously?
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Old June 13th, 2009, 08:36 PM   #15
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You guys do realize that this happened during Clinton's Adminstration, don't you?



http://en.wikipedia.org/wiki/Gramm-Leach-Bliley_Act
And I have also stated that people on the right who revile Clinton as a liberal are insane. He was a Rhodes Scholar in Economics. He was also a supply-sider. The ONLY difference between his Economics and Ronnie's is that Clinton knew we had to pay for stuff (ie, taxes). That is not to say that Reagan didn't raise taxes because he did (except on the rich, literally). Remember, Reagan's philosophy was that deficits don't matter. Clinton didn't buy that, but he bought everything else....
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