Congressional Hearing, 2003

“Rep.  Frank: I do think I do not want the same kind of focus on safety and soundness that we have in OCC [Office of the Comptroller of the Currency] and OTS [Office of Thrift Supervision]. I want to roll the dice a little bit more in this situation towards subsidized housing.
And:
Rep. Frank: I believe there has been more alarm raised about potential unsafety and unsoundness than, in fact, exists.

That is the same Barney Frank who is now trying to “fix” the banking system. Last time he rolled the dice, he crapped out.

Recent Entries

• Unemployment Rate Has Shrunk to Zero Percent (0%)
• Presidential Vacation – Western Trip – Catalina’s Vineyard Island
• Debt Problem Solved
• Freeway Closing – Important (Non-Authorized) Public Announcement
• Foreign Technical Support or Why My Husband Doesn’t Understand the Love-Hate Relationship I Have with My Computer.
• New Portland Police Procedure – The Al Gore Method
• Intellectual Property Enforcement Coordinator decides not to shut down eGrumps web sites.
• Transparency in Finance and Germany’s Banning of Naked Short Selling (Exclusive Story to eGrumps – June 3, 2010)
• Sestak Job Offer – The I’ve Got a Bridge I Want to Sell You Award, for 2010 (so far) to President Obama, ex-President Clinton, and Rahm Emanual (from eGrumps) — May 30, 2010
• Obama to Inspect Oil Spill from the Golf Course at Hilton Head, South Carolina – Combining Business with Pleasure

This entry was posted on Tuesday, April 14th, 2009 at 7:28 am and is filed under American policy, Bail out, Congress, Famous Comments, Law, Political Truth, Sayings. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.