What else can be done with someone
afflicted with rabid chutzpah? We have a rightful expectation of
protection, right? So Frank has to be put down before he kills again.
House Financial Services Committee Chairman
Barney Frank (D-Mass.) said conservative Republicans are to blame for
the current economic downturn, arguing that he had tried to restrict
troubled loans as early as 2005.
Frank blamed "the right-wing Republicans who took the position that
regulation was always bad, the market was self-correcting, and you
should not have any restrictions on the free flow of capital" when
asked whose fault the housing market collapse is.
Frank said in an interview with Business Week
that unregulated institutions made the bad loans leading to the market
collapse, and indicated that the more-heavily Democratic Congress will
install more regulation of the industry. [Article]