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O`Riley hit Barok Barney Frank right between the eyes. GREAT JOB!
And on the debate last night... Palin hit the ball right out of the park. What a breath of fresh air.

I had missed this on O'Riley. This is what I've been talking about. We're mad as hell at these people and these clowns are coming off blaming everybody but themselves since it seems people have short memories out there. (All that pot smoke)

Is it just me, or does Barney Frank look like a sex offender? I'd ask the same question if he was heterosexual, by the way. He looks, I don't know, slimy or oily, very unpleasantly so. He gives off a very creepy vibe. In other words, he looks like he's definitely not "trigo limpio."

Here's the thing about blowhard O'Reilly. He totally missed the boat. I heard him this morning on Fox and what he is accusing Barney Frank of is misleading investors who lost money in Fannie/Freddie shares. That's probably the LEAST important aspect to this story. I could care less about Fannie/Freddie shareholders. The problem with Fannie/Freddie is that they held 50% of the mortgage paper in America ($4 Trillion) and they were a government entity gone wild. Frank was on the committee that oversees these monsters and BLOCKED much needed reforms. This caused a meltdown in the entire financial market and its having repercussions in the overall economy. Barney Frank was not the CEO of Fannie or Freddie and therefore any statements he made about the health of the companies from an investor point of view are really not important.

Asombra, he talks funny - looks like he's missing his teeth.

As much as I like O'Reilly, he lost control in the interview. He was already mad at Frank (rightly so), and knowing his explosive temper, should have refrained from interviewing the guy. It did provide for awesome TV, however.

I disagree, Henry. There may be equally or more important aspects to the story, but it can't be denied that an important Congressional leader saying that the future of Fannie/Freddie looks good does influence people. Misleading is plain wrong, and O'Reilly, as much of a self-admitted bloviator as he is, is right to nail Frank on it.

Robert that's like wanting to arrest fidel castro for a speeding ticket. We're talking about two government entities that could bring down the ENTIRE ECONOMY not a handful of investors that might have bought shares in them based on some forward-looking statements from someone who isn't even an employee of the firm.

Frank was on the committee that oversees these entities that were controlling more than half of the mortgage market that was fueling the entire economy for several years and when the smoke started rising as early as 2001 he denied that there was a fire. He denied it again when he browbeat Armando Falcon, the regulator who was pleading with the Financial Services committee for stronger rules.

Robert I rarely say this but you're wrong on this and O'Reilly was wrong to focus on literally the weakest thing you could accuse Barney Frank of.

O'Reilly to Barney Frank: "Be a man."

"He's So Gay" Lyrics
Artist(Band):Frank Zappa

ENSEMBLE: (singing)
He's so gay
He's so gay
He's very very gay
He's so gay
He's so gay
And he likes to be that way
With his keys all on the right
He's into rubber every night
He's so gay
He's so gay
He's ALMOST EVERYONE TODAY

He's okay
He's okay
He's got a role he wants to play
He's okay
He's okay
He's just a cowboy for a day

Of course, his evening's not complete
Without some meat in the seat;
Let's skate away
Down Santa Monica today

Maybe he wants a little spanking
Maybe he'll eat a little chain
Maybe his lover should be thanking him
For the way he makes it sprinkle
Into drops of GOLDEN RAIN

He's so gay
He's so gay
He rules the city in a way
You could say
You could say
It's sorta different today
All the taffeta and chintz
And every Leather Boy's a PRINCE
Hey hey hey!
Please don't look the other way

You could be just like him
TOMORROW!
Maybe you'll get a chance
To borrow
(Borrow)
His bouquet
And maybe later...MAYBE LATER
We'll ALL BE
GAY-Y-Y-Y-Y-Y-Y-Y-Y!
DO YOU REALLY WANNA HURT ME?

I saw this last night and loved how O'Reilly called him a coward! Just love it. Barney's so weird. He's like Truman Capote and Droopy Dog in one person. LOL

Sorry henry...I have to agree with Robert on this one. Barney saw a problem and let it slide . That makes him part of the problem. You can`t have the fox guarding the hen house.

No problem Mr. Gomez. We're in the same ballpark but just nitpicking same sides of the argument. I think O'Reilly's display of anger is just the tip of the iceberg, and reflective of everyone's feelings about Barney Frank's overall negligence. People's investments do matter, and I'm willing to forgive O'Reilly on this one despite his populist and righteous hot-headed approach.

Barney defintiely shares blame, but as usual, Oreilly is boorish and obnoxious and can't run an effective interview. Barney has the misfortune of "overseeing" FM when it was a long way into its collapse. The blame goes all the way around and spans more than 15 years.

Henry Agueros,

If you re-read what I wrote you'll see that I'm not absolving Frank of anything. He committed a huge crime against the American people and O'Reilly focused on the wrong thing.

Gumercindo,

You're obviously not paying attention. In 2004 when the Freddie Mac accounting scandal came up and the regulator said that greater regulatory authority needed to be legislated Frank and Maxine Waters and Gregory Meeks and every other Democrat on that committee blasted him. The Dems blocked the reform efforts even though they were in the minority. Barney frank was a big defender of Fannie/Freddie and he was the ranking Democrat on that committee. The FACT is that Fannie/Freddie were a gravy train for the Democrats in Congress and he was a huge apologist as this whole crisis developed.

That line about him presiding only at the end when it blew up is happy horseshit and what he was trying to sell to O'Reilly.

You are just pointing out the part where Dems are to blame - you're forgetting about everyone else that is to blame, especially under Bush.

In 2004-2005 (at the time, it was a Republican controller congress), Bush cut back CRA enforcement regulations and the problems grew out of control. The Fed, SEC, etc, were all complicit in this problem.

http://www.businessweek.com/investing/insights/blog/archives/2008/09/community_reinv.html

Anyhow, I know it's a "blog", but it sheds light on the totality of the blame (which is to everyone).

Gumercindo, really bro, you're an idiot, you're a Kool-Aid drinking fool. Why don't you read about all the attempts made by the Bush Administration to rein this shit-storm in before you open your ill-informed mouth. I fault Bush squarely for not having a pair of balls and just doing the reforms without the fucking Dems and their corrupt self-interest.

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