11/22/2010

Frank Defends Bernanke, 'Appalled' By Republican Criticism

Barney Frank Resumes His Extremely Hypocritial Ways By Calling All Fed Attacks "Extreme Hypocrisy"
Submitted by Tyler Durden on 11/22/2010 15:08 -0500
h/t Zero HedgeThe person who is almost singlehandedly responsible for the complete disaster that are today's bankrupt GSEs, somehow succeeds in making America hate him even more, when he notes that the global response of condemnation to the Fed's actions, and the subsequent enjoinder by Republicans who wish nothing less than to save the dollar, instead of allowing hyperinflation to deal with the consequences of the idiotic actions by the MA congressman, is "extreme hypocrisy." How this excuse for a representative (of anything more than a few well-rounded bankers) gets any air time is beyond us. Until then, we will make sure the collective blood pressure of our readership remains elevated thanks to such unprecedented examples of the supreme corruption in D.C. as Barney Frank. And unrelated, but even more disturbing, is Frank's statement that he doesn't mind that there haven't been prosecutions of financial crisis players. Don't worry Barney, prosecutions will come... Luckily these will happen once your immunity lapses.

Anyone with a hear condition is advised against reading/watching this post.

From a letter just sent out by the Frank.

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And here is Frank on Bloomberg earlier:

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