Frank targets ALL employee pay – not just executives

Not only does Rep. Barney Frank (D-Mass.) want to slander corporate executives by dragging them in front of some stupid committee hearing and confiscate their pay retroactively, Frank wants to have control over all compensation of any employee who works for a company that may have received bailout funding. My question is, will the Treasury…

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Chutzpah!!

Barney Frank now says he wants criminal charges laid against “the people who caused the country’s financial meltdown.” I’m guessing that Barney gets his shaves in a barber shop… he certainly doesn’t look much at the man in the mirror. From CNBC… Earlier in the day, Frank, who is chairman of the U.S. House Financial…

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The Experts

You’ll be stunned to learn that “Frontline” … bought and paid for with your tax dollars … and soon your stimulus money … has reportedly put together a documentary on the economic collapse that will air tomorrow night on PBS. The kicker is the expert list. Only two Congress people were interviewed. Mr. Dodd and…

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CEOs try to explain economics to man who helped destroy economy

For me it was classic. Not amusing, just classic. Two highly successful CEOs Fred Smith and Eric Schmidt try to explain why protectionism (Buy American Union Payback Clause) will cost jobs. Barney “FFANAP” Frank responds with something about social safety nets to keep workers from revolting but I am not sure the CEO’s understood a…

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News Flash: STDs are a stimulus too

Barney “Fannie and Freddie Are Not A Problem” Frank, noted banking expert and mortgage specialist, explains to Obama adviser George Stephanopoulos how all that money for STD prevention ($335 million) is a stimulus. As a bonus, FFANP Frank explains how tax cuts never saved a firefighter’s or police officer’s job. Only Government spending can do…

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Frank gleeful about soaking the rich come Jan. 21

Here it comes. Since it is almost a given – for many liberals – that The One will be sworn into office on a cold day in January, the faithful masses of politicians on the left side of the aisle are getting a warm and fuzzy feeling as they prepare to stick to to the…

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Walter Williams writes – Lessons from the bailout

Williams has another good column out this week, and it quickly sums up – for those of you who missed it – how this economic crisis started back in 1977 with the Community Reinvestment Act. Walter’s point gets right to the root of the problem. Even though McCain and Obama want to lay the blame…

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