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Old 10-07-2008, 05:30 AM   #1 (permalink)
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Frank: Criticism of Congress is now racist, too

Barney Frank’s latest defense of Congress over the financial meltdown could be predicted based on the success of Barack Obama’s campaign in using the same defense. According to Rep. Frank, any attempt to pin the blame for the collapse of Fannie Mae and Freddie Mac on the activities of both, as well as Congressional policy that fueled it, is now officially racist. Frank says conservatives want to blame minorities for the collapse:
Frank charged that conservatives aim to shift blame for the market meltdown away from Wall Street and toward minority-lending laws like the federal Community Reinvestment Act.
“The bizarre notion that the Community Reinvestment Act . . . somehow is the cause of the whole problem, (conservatives) don’t mind that,” the lawmaker said. “They’re aware that the affordable-housing goals of Fannie Mae and Freddie Mac (and) the Community Reinvestment Act (aim to help) poor people. And let’s be honest, the fact that some poor people are black doesn’t hurt either from their standpoint.”
Let’s keep score. Criticizing Obama means we’re racists. Criticizing Congress means we’re racists. Getting angry at Congress for pushing Fannie Mae and Freddie Mac into buying bad loans and infecting the entire financial system with essentially fraudulent paper — at a cost of up to $700 billion in taxpayer money and potentially trillions in lost investments — means we’re racists.

The only thing missing is critics are also homophobes.



Frank: Criticism of Congress is now racist, too


Barney Frank: Conservatives trying to blame economic woes on blacks - BostonHerald.com
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Old 10-07-2008, 07:28 AM   #2 (permalink)
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Quote:
Originally Posted by cwo_ghwebb View Post
The only thing missing is critics are also homophobes.
Especially since Barney Frank's boyfriend directly benefitted from the legislation Barney was pushing through the house.
Only one of many links available!

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Silly liberal! Paychecks are for workers!
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Old 10-07-2008, 07:41 AM   #3 (permalink)
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That fact is finally hitting the airwaves this morning also.
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Old 10-07-2008, 08:09 AM   #4 (permalink)
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Is Barney trying to say the Congressional Black Caucus ISN"T racist?

They turned down J.C. Watts for membership because he wasnt "'black enough".

So now its racist to blame the CBC and their white suckbutts for allowing this travesty.

Put the blame where it belongs. Right in the lap of the CBC, Barney Frank and the democrat party who has been cowtowing to the entitlement voters of both races.
We are in this mess because of the entitlement community and the greed community who used this law to get rich. Now they want us to bail them out.
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