My uncle is a financial planner (and radio show host) and has been warning me against these brokerage firms long before everything blew up. Now he’s started a new site to try and get some real accountability for the people responsible for this mess and get actual punishments to keep it from happening again. Personally, I loved to see some of the politicians go to jail for this to, but Barney Frank might actually enjoy himself there.
The Wall Street denizens revealed themselves to be simply a band of pirates. But we should keep in mind that the real architects of the financial system meltdown (sub-prime mortgages) have not only gotten off without penalty…they have given themselves promotions!! Barney Frank & Chris Dodd, with help from Chucky Schoober and a host of Dems, begain this giant rolling doo-doo with a massive piece of social engineering (Community Re-Investment Act).
Wall St. and banks made be crooked, but they’re not stupid. They took this mandate from the government and made it work. They took the giant piles of crap (sub-prime loans), aggregated them, sprayed them with gold leaf paint, put a bow on them, and backed with AAA ratings from Freddie and Fannie went out and sold the hell out of them to a gullible world financial system. Hell, everybody wanted in, and nobody was bitching when the specualtion drove the indexed values higher and higher, and everybody was getting rich on paper. Caveat emptor, you financial geniuses.
But let us not forget where it all started. Barney Boy personally greased this financial road to hell with his own ample stores of KY jelly. To watch this mincing, lisping, nancy-boy shaking his finger and sternly rebuking business leaders for their greed and corruption is just too much to bear.
Remember: when the leftists and socialists cackle with glee about the “failure of the free market”, you tell them that free enterprise had nothing to do with this mess. If banks had relied on proven free market principles to evaluate loans and mortgages…none of these losers would have ever qualified for a farthing, sheckle, or greenback.
they could always send Frank to a women’s prison.
Putting frank in jail is like having the wolfe guard the sheep. Whoops, Barnet would like the sheep a ton…… bah, bah…
I found a list of 10 things to pray for the President and Others in Authority at
Dr. Charles Stanley’s website: http://WWW.Intouch.org.
Click on ‘Praying for the President and Others in Authority’ for a printable copy of the list, or order a free bookmark while supplies last.
No donation required.
There’s nothing in the list about plagues, boils and smitings; but on the other hand there’s nothing in the list that I wouldn’t mind praying for myself.
(‘Do onto others as you would have others do onto you’ applies to prayers too, I reckon.)
Now I just have to grit my teeth and do it.
1 Timothy 2:1-2
I remember “blinky” Pelosi in an interview on San Francisco television saying(with a straight face) that she expected the voters to hold the democrats accountable for their actions. Ha Ha Ha. We all see how that is working out.
Cactusod. Yes, it truly is disgusting. You can throw a few more Dems on the pile, and Greenspan as well. The real problem is the people that continue to vote these insane criminals back into office over and over.
The majority of people will never understand what is going on because they are too lazy to try and find out. Only when the real pain comes will there be any chance of enlightenment.
Barney Frank in prison…nom nom nom nom nom nom nom nom
I’d have to say that it was the bailout politicians (i.e. the democrats, along with — sad to say — President Bush) that caused this mess by giving the businesses the means to do what they did. The businesses’ actions were certainly stupid, perhaps unethical… but not really illegal.
On another note: there’s always the possibility of solitary confinement for Barney Frank… just for the safety of the other prisoners…
On a more serious note, I like what your uncle has to say, Frank! Brokerage firms are full of vipers and snakes! If these guys weren’t working at a brokerage firm, they would be down the street selling used cars or they would be on the phone trying to sell you windows or siding! They have no scruples or morals! The firms will try to tell you that they are full of Harvard and Yale grads. They have a few (not that this matters) but the typical broker is just some rube they hire off the street, teach him to trade, tell him to make as many calls per day as possible, go get as much money from everyone he knows as possible and then they play a numbers game! Their platitudes mean nothing! I have worked with these guys during my days in the banking business and I wouldn’t trust one of them any more than I would trust Barney Frank to cover my backside…
People like Barney Frank are the reason you don’t want to go to prison.
Exactly how many packs of cigarettes would Barney Frank be worth, anyway? I’m thinking, not many.
Obummer sings: I wish I had your cadillac car and you hand to do wacka do wacka do wacka do cracka! No stimulus for you white boy!