Thursday, November 13, 2008

Totally Clueless Barney Frank

What part of the Henry Paulson scam doesn't Barney Frank get.

The fact that Paulosn has admitted that while the bill was going through Congress he wasn't going to buy up mortgages?

That the mortgage plan drawn up by Treasury made no sense from day one?

It appears Frank still doesn't have a clue. From today's WSJ:

House Financial Services Chairman Barney Frank (D., Mass.) said Wednesday he was disappointed Mr. Paulson was scrapping the asset-purchase plan. "I think he's wrong not to use it that way," Mr. Frank said.

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