Thursday, May 13, 2010

Stunning 2006 Barney Frank VIDEO Surfaces: Banks Forced to Report Too Much


Rep. Barney Frank (D-Mass.) speaking at a forum on national housing policy on December 11, 2006. Three weeks after making this speech at the Treasury Department, Frank became Chairman of the House Financial Services Committee.

Frank on Democrats taking over regulatory reform:

“You will see far less difference with Democrats taking over in the Financial Services regulatory area than in virtually any other area of public policy, because we did work together on things like regulatory relief and we have more to do yet in the deregulation. One of the things we did was try to reduce the reporting requirements from the banks to the financial detectives. READ MORE...

1 comment:

  1. OMG NO ONE WAS LISTENING NO ONE IS LISTENIG NOW. HOWEVER FOR THE TRUE BELIEVERS IT MAY NOT BE TO LATE. GOD BLESS AMERICA AND BRING HER BACK TO HER FOUNDING PRINCIPLES!!!!!!!!!!!!

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