Tuesday, November 29, 2011

Barney Frank insulted!

The Tennessee Tea Party tweeted @tnteaparty at 12:40 p.m. today about the impending retirement of U.S. Rep. Barney Frank, a gay Democrat from Massachusetts, with this remark: “Good riddance you perverted sodomite POS!!”


I dislike such comments because all they do is make all the Lefties swoon and throw snit fits. And since they might harm themselves and not be around to see Obamie give his concession speech I am naturally against them.

Besides. I am for gay rights. And if Congress wanted to put up with a gay congressman who had let his lover run a whore house out of his apartment and if the good people of Boston wanted to keep electing him for some 30 years..... who am I to complain?

But I do heartily dislike certain things. One of them is people, such as the insulter, who claims to be with the Tennessee Tea Party.

Well, as the commercial now running every 30 minutes says... "There is no Tennessee Tea Party." (Pardon the paraphrase. Couldn't help myself.)

He is a member, perhaps an official of a Tea Party organization that calls itself the Tennessee Tea Party.

Not to belabor a point, but there is no formal organization of TN Tea Parties.

So what we have here is some person claiming to be an official of a Tea Party with a name of the Tennessee Tea Party has said something nasty about poor Barney.

Actually poor Barney should not have words wasted on him. His actions re the housing bubble speak for themselves, and are the reason for him leaving Congress. He had a difficult 2010 election and he knows that he won't win in 2012. Let us review.

By STEVEN A. HOLMES (New York Times)

Published: September 30, 1999

In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders.

Sounded great. But some knew better.

''From the perspective of many people, including me, this is another thrift industry growing up around us,'' said Peter Wallison a resident fellow at the American Enterprise Institute. ''If they fail, the government will have to step up and bail them out the way it stepped up and bailed out the thrift industry.''


Now that was 9/30/1999. Bubba Clinton was the Prez. And just as Wallison predicted the housing market took off. And tanked. Tanked big time. Of course along the way, the Bush administration took notice and decided something needed to be done.

The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.

Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.


And before you say, "About time Bush did something," that was 9/11/2003.

Well, the Demos shot it down.

''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.''


BTW - Note that was 9/11/2003. It can be argued that Barney's despicable actions caused far more damage to the country than the attacks on 9/11/2001.

BTW - There are links within the two links above that will take you back to the source of the information. Use them if you don't believe me. Of course if they say bad things about your hero you  Lefties won't believe them, even though they are the New York Times.

"Unlimited tolerance must lead to the disappearance of tolerance. If we extend unlimited tolerance even to those who are intolerant, if we are not prepared to defend a tolerant society against the onslaught of the intolerant, then the tolerant will be destroyed, and tolerance with them." - Karl Popper

“It’s the presumption that Obama knows how all these industries ought to be operating better than people who have spent their lives in those industries, and a general cockiness going back to before he was president, and the fact that he has no experience whatever in managing anything. Only someone who has never had the responsibility for managing anything could believe he could manage just about everything.” - Thomas Sowell in Reason Magazine

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