March 6, 2009
Barney's Pre-emptive Prosecution
The man who has the most to lose from a fair investigation of the Fannie, Freddie and the financial crisis wants to make sure prosecutors understand who the proper targets are. Kevin Drawbaugh and John Poirier of Reuters report about Barney Frank's plans for new legislation, and his message to prosecutors:
Wrongdoers will be prosecuted, he said. The committee will ask U.S. law enforcement authorities about their plans to prosecute executives and institutions that contributed to the worst financial crisis in generations.
Conspicuously absent from Frank's list of targets: a legislator who received contributions from Fannie and Freddie executives, whose lover was a senior executive at Fannie, and who resisted attempts to reign them in from the reckless policies.
Nobody needs to remind D o J prosecutors who Eric Holder is, and who appropriates funding for their salaries.
Steve Gilbert comments:
Perhaps the best defense is a good offense, after all.Of course in an even slightly more just world, Mr. Frank would be the first in line to go to jail.For Mr. Frank led the vanguard of those pushing banks and other institutions to give mortgages and loans to people who could not afford them or who probably would not pay them back even if they could.Mr. Frank also fought tooth and painted nail any effort and all efforts to regulate Fannie Mae and Freddie Mac and the other government lending institutions.But to hear this grotesquely corrupt blowhard calling for show trials and the prosecution of others really takes the biscuit.
To comment on this or any other American Thinker article or blog, you must be a subscriber to our ad-free service. Login to your subscription to access the comments section. You can subscribe on a monthly basis for $6.79 a month or for a year at $69.99
Login
Subscribe / Change PwdAd Free / Commenting Login
FOLLOW US ON
Recent Articles
- A Taste of the Swamp
- Do We Have 677 Unelected Presidents?
- Global Relations beyond the Prime Directive
- The Democrat Party: The Enemy Within?
- Tariffs and the Moral High Ground
- ‘Mahmoud Khalil, Who Are You?’
- The Slush Fund Nobody Voted For
- Hacktivism and the Possibility of WW III
- Illegals Working for Congress?
- Should FBI Agents Learn Martial Arts?
Blog Posts
- The Shakespeare National Trust determines that Shakespeare is ‘not to be’
- Carville tells Democrats to quit making asses of themselves
- About that Texas congressman who called the transgender member of Congress 'Mister' ...
- A federal district court judge erases Trump’s ability to rid the country of enemy aliens
- In the UK, rape gangs are OK, pictures of women sans hijabs not so much
- Bacha Bazi still being practiced in Afghanistan; young boys sexually abused
- UN judge convicted of forcing a woman into indentured servitude
- What are capital gains, really?
- Trump begins restoring law and order
- Purge the poison: End Middle East Studies
- The Godfather: 53 and getting better all the time
- Why aren't Johnny and Suzie reading?
- ActBlue smurfs its way to oblivion
- Hunter Biden hotfoots it to a luxury vacation in South Africa, seemingly to avoid a deposition on his claimed poverty
- The Obamas' podcast bombs