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Old November 20th 10, 10:33 AM posted to alt.politics.economics,rec.radio.shortwave,alt.fan.rush-limbaugh,alt.news-media,alt.religion.christian
RHF RHF is offline
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Default WHY ISNT BARNEY FRANK IN JAIL FOR CAUSING THE FINANCIAL CRISIS?

On Nov 17, 4:08Â*pm, ∅baMa∅ Tse Dung wrote:
Was our great financial crisis caused by greedy and reckless bankers
and Wall Street players? Â*Or by a broad range of individuals,
financial institutions and governments who became less risk-averse and
prudent? Â*Or by government housing policies that brought on the
housing bubble and mismanaged the risks?

Without waiting for the evidence, many in the political class, and
particularly those on the left, immediately bought into the argument
that the financial crisis was caused by greed. This view of the cause
provided much of the political energy behind the passage this year of
the Dodd-Frank Act, also known as the financial reform act.

Peter J. Wallison, a former general counsel of the U.S. Treasury and
now a fellow at the American Enterprise Institute (AEI), has debunked
this argument, conclusively showing in a study that Barney Frank's
government housing policies caused the crisis.

http://www.aei.org/outlook/101004htt...10-10-11-g.pdf

www.ToThePointNews.com


I am of the 'opinion' that once Barney Frank's wrongs
were known; and then after wards American Public
{Voters} Reelected 'BF' : The Jury of Public Opinion
had decided and Barney Frank was NOT Guilty [.]

Same goes for all others including Charlie Rangel.

Politicians Good or Bad Honest or Criminal
The American Voters Decide ~ RHF
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