10.02.2008

my point exactly...

click on title for full interview, que el primo sabe...

Rep. Barney Frank, D-Mass is not shy about saying who got us into this mess:

Back in 1994, Congress gave the Federal Reserve the authority to ban irresponsible mortgages. Alan Greenspan, as a very committed anti-regulation conservative, refused - literally refused - to use that authority. Congress can give people authority; we can't compel them to use it. Ben Bernanke, to his credit, realized that it was time to use that authority. So he promulgated a set of rules on July 14 of this year to prohibit a lot of the mortgages of the type that got us in trouble. If Alan Greenspan had done 10 years ago what Ben Bernanke did this past July, we would have much less of a problem in subprime mortgages.


Start lining them up yaaaa... Bush, Cheney, Greenspan... in front of a big jury, y a repartir sentencias y sopapos, coño!

No comments: