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| User Info | AzzHat Award: Barney Frank in forum [Ticker] | |||
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Genesis Posts: 71435 Incept: 2007-06-26 
KD^2 
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http://market-ticker.org/archives/947-Az....
---------- "The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2009-04-09 07:59:42
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Solnow Posts: 829 Incept: 2009-03-02 My Market Model
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Somebody just stick a ****..i mean a cork...in his mouth
---------- Adapt. Improvise. Overcome. HOPE is for sissies
2009-04-09 08:03:28
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Workinstiff Posts: 143 Incept: 2008-10-06 oregon
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Preferably one of legal age......
2009-04-09 08:06:59
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Dada Posts: 34 Incept: 2009-03-09
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Harvard Student Takes On Rep. Barney Frank (D-Mass) http://www.youtube.com/watch?v=0pk--Ox49....
2009-04-09 08:10:44
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Timbo Posts: 1132 Incept: 2008-10-10
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Did this fatbag just thweaten Moody's? The **** does he mean, "explore the unfair treatment of full faith and cwedit?"
---------- http://mises.org/story/770 http://www.theplacewithnoname.com/blogs/klessons/index.html If you don't fly the plane and find a place to land, then God will find a place to park you.
2009-04-09 08:34:18
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Chingas Posts: 116 Incept: 2009-02-12 I said "Waka Waka" Motherf***er!
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Since these awards are not supposed to be pleasant for the recipient, may I suggest a vaghat for Barney?
---------- Under Democrats, Man screws Man. Under Republicans it's the other way around.
2009-04-09 08:47:07
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Tritumi Posts: 84 Incept: 2008-11-29 tokyo
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blarney spank lost his loinclothe of respectability when he masterminded the so called Housing Bill last summer. all that did was get criminal paulson the set up for pulling the tarp over the eyes so far it became a body bag. blarney, leave, just leave.
2009-04-09 08:58:37
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Ironpete Posts: 172 Incept: 2007-10-28
Bizarro World
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Unfair? Take a look at New York's bloated budget for this year. Maybe it'll knock some common sense into the state lawmakers when the cost of borrowing money goes up. ---------- Capitalist West Germany vs. Statist East Germany...who fared better? Capitalist South Korea vs. Statist North Korea...who is faring better? Then Capitalist USA vs. Statist USSR...who won? Maybe we should learn from a little history, no?
2009-04-09 08:58:57
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Madashel Posts: 577 Incept: 2007-09-14 
West Texas
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I officially nominate Mr Fwank for the soon to be presented "head-on-a-pike" award.
---------- "Those who cannot remember the past are condemned to repeat it." - George Santayana "It is better to live for something rather than die for nothing." - George S. Patton
2009-04-09 09:03:27
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Tarmoney Posts: 224 Incept: 2008-01-23 
LI, NY Online
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So, if my kid gets a 'D' in a class for doing poorly, I should compain to his teacher that he should not get the grade because it is jeopardizing his future? Nice lesson to teach our kids. ---------- "Then have a recession. It's a financial enema for a sick animal." - Rick Santelli
2009-04-09 09:09:35
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Lastchance Posts: 1132 Incept: 2008-11-19 Las Vegas
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"states like Florida and California dug their own hole during the housing fraud boom" Add Nevada, Clark County (by coincidence the Commission Board chairman is Rory Reid, son of Harry), and the City of Las Vegas (with the worlds happiest Mayor) to that list. None are very happy right now, as tax revenues are literally collapsing. Yet the City has an answer: BORROW money and build a not needed new City Hall because it will create JOBS. No joke; an observer like myself cannot make this stuff up. ---------- "We don't quit. I don't quit" President Obama 1/27/10 Man, I would to have him in one of our poker games.
2009-04-09 09:09:56
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Vfl Posts: 147 Incept: 2009-03-19 Seattle Metro, WA
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Treat it as a warning shot against Moodys' and other ratings agencies not to downgrade the US treasury. Mark the remark: Downgrade of US treasury will only come after the bond market dislocation, similar to what happened in the AAA ratings of subprime.
2009-04-09 09:14:52
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Abn0rmal Posts: 2320 Incept: 2009-01-10
DFW
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Tarmoney wrote..So, if my kid gets a 'D' in a class for doing poorly, I should compain to his teacher that he should not get the grade because it is jeopardizing his future?Just so you know, numerous parents do exactly that every day. And they think they are doing their kid a favor.
2009-04-09 09:18:44
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Tarmoney Posts: 224 Incept: 2008-01-23
LI, NY Online
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Borrowing money to create jobs to build something that is in itself not productive is a waste of time. That's my 2 cent summary of what the stimulus package will acomplish. Maintenance is a cost of doing business - it does not really help inprove productivity, just maintain the status quo. We're borrowing money to keep the lights on in a failing business. ---------- "Then have a recession. It's a financial enema for a sick animal." - Rick Santelli
2009-04-09 09:21:40
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Tarmoney Posts: 224 Incept: 2008-01-23
LI, NY Online
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JByer - Yep I know...
---------- "Then have a recession. It's a financial enema for a sick animal." - Rick Santelli
2009-04-09 09:22:45
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Chainlink Posts: 521 Incept: 2008-10-26
Florida and Michigan
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Palm Beach County...epicenter of stupid spending based on speculation of increasing population, tax revenues from quadrupled RE, and new construction. Teachers were told to wear red clothes and bandaids on their faces yesterday, to symbolize that "cuts hurt". Oh ****, I feel my BP rising...
2009-04-09 09:33:01
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Utabintarbo Posts: 50 Incept: 2009-01-29
Detroit
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Political bullying of Moody's will help to distort the economy even further. Not to mention the epistemological issues in defining the word "fair" objectively. Yet another argument for a separation between the state and the economy. ---------- Let the market decide!
2009-04-09 09:46:09
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Squeak Posts: 301 Incept: 2008-03-15
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SmartBoards don't cost $35k a piece.
2009-04-09 09:52:28
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Coolhandluke Posts: 5637 Incept: 2007-12-19
Out of the box
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When you read the quote from Barney Frank in this ticker did the voice in your head sound the same or like Elmer Fudd? I got Elmer Fudd. Even his textual quotes sound ****ed up. Weird! ---------- It's not that I'm lazy, I just don't give a **** anymore. Last modified:
2009-04-09 09:57:44 by coolhandluke
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Statusquojoe Posts: 2397 Incept: 2008-11-20
Land of the fees Home of the slaves.
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I suspect that when kids research malfeasance in the future they will find a picture of Barney Frank.
---------- "In short, you are the definition of moral hazard." Senator Bunning to Bernanke
2009-04-09 10:38:25
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Vacanthomes Posts: 16 Incept: 2008-07-07 Detroit, MI
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For what it's worth, I'm a registered Democrat, though I'm more of an centrist/independent (voted for Obama, but didn't vote for any congressfolk who voted for the TARP). But Karl is 100% right, Barney Frank is among the worst, a complete poster child for reckless lending on all levels. The guy needs to be thrown out of office.
2009-04-09 12:14:45
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Nuke_engineer Posts: 774 Incept: 2007-08-19
NC
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So I guess it's OK with Barney to require the market to charge governmental or pseudo-governmental entities in state and local governments low interest rates while at the same time it's OK charging exhorbitant loan rates to J6P by the banks? Barney wants low spreads to keep his government solvent while letting the banks gice out high spreads to try to fix their untenable cash positions with "enhanced cash flow" as they rob the populace. That's not socialism, Barney Frank. It's not even good communism. In the old Soviet Union, they called it "Nomenklatura". If you were among the named "clean ones" you got to take advantage of, ****, rob the rest of the people who stood in line waiting for a crumb of food. Just like Rome. As the demands of the fewer continue to be imposed on the many unjustly, the outrages will come faster and more furiously as they eat up the assets of the country. Then there will be an adverse reaction to this destruction of value at some point. However, I don't think it will be the people of the US that cause the initial tremors that presage the Fall of the US Republic. No, those tremors will come from our "financial partners" as they force the market to re-position our screwed up economic environment. ---------- HAL, All trespassers and pigmen vampires must be shot. Survivors will be shot again. I need to buy more ammunition! Scotty, Beam Me Up to the Land of Glass-Stegall! Last modified:
2009-04-09 12:32:59 by nuke_engineer
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Flaps10 Posts: 121 Incept: 2008-10-17
seattle
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Quote:The guy needs to be thrown out of office Thrown out of office? I think he should be promoted with a new title: Fiscal Authority Treasurer of Housing Oversight Management Office, or FAT HOMO for short. This guy is pathetic. When America takes back the Capitol you guys better be able to run faster than me, because I'm headed to his office first. ---------- "Among the many misdeeds of the British rule in India, history will look upon the Act depriving a whole nation of arms as the blackest." -Ghandi Last modified:
2009-04-09 12:45:07 by totalnoob
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Jellybean Posts: 246 Incept: 2008-05-07
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Barney Frank is a very good representation of what this country has become. And the values he portrays paints a picture of our what we can expect from government in the future. My guess is his position in Congress is safe, and he will keep his job for as long as he wants it.
---------- The more you look to government, the more you will suffer tyranny.
2009-04-09 12:48:25
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Gemini Posts: 84 Incept: 2009-03-15 Maine
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That man isn't fit to run a carnival ride, let alone serve in congress. A ****ing riot to listen to though, yank him out and give him the Tonight Show. Or Family Feud.
---------- This country with its constitution belongs to us who live in it. Whenever they shall grow weary of the existing government they shall exercise their constitutional rights of amending it or their revolutionary right to dismember or overthrow it. Abraham Lincoln
2009-04-09 17:58:12
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