On 60 Minutes Said Yes He Is a Socialist & Called Smartest Guy In Congress


Barney Frank has been called the smartest guy in Congress.  That is scary.  We have all seen him on C-Span saying how financially sound Fannie Mae and Freddie Mac was just 60 days before they collapsed.  The same socialist Barney Frank that was part of the cause of the Fannie Mae / Freddie Mac collapse. The same Barney Frank that was a part of forcing lending institutions to make subprime loans and in which Frank’s lover made millions from Freddie Mac. It makes you wonder.

The same socialist Barney Frank called the smartest guy in Congress who had a male prostitution ring running in his own home where he lived.  Oh that’s right Barney Frank the smartest guy in Congress didn’t know about the male prostitution ring in his home, his lover at the time kept it secret from him.  Congress slapped his hand.

The socialist Frank has been at the center of the $700 billion economic bail out and now the auto maker bail out.  The smartest guy in Congress is head of the House Financial Services Committee.  Knowing the socialist Frank didn’t know Fannie Mae and Freddie Mac were collapsing as it was happening and didn’t know there was a prostitution ring being run in his own home doesn’t instill a lot of confidence in me.  I for sure don’t want him deciding what kind of cars the auto makers can make and sell.  Remember the collapses have happened with him as head of the all important oversight committee.

Socialist Barney Frank has been working hard to keep the Big 3 auto makers out of Chapter 11 bankruptcy.  Sounds so very noble helping America in tough economic times, doesn’t it?  Not so fast……on 60 minutes the truth started coming out.  Frank said there is only one thing a company can do in bankruptcy,  break your word, break your deals.  Again it sounds very noble until you look at what his true lawyer speak means.  It means sell America down the stream and drain us dry of money to protect the UAW and the stupid regulations the socialist Democrats put on the auto makers.

What about the idea that in capitalism, if a company doesn't cut it, they die?" interviewer Leslie Stahl asks.
"That's what Herbert Hoover said. And Franklin Roosevelt said no," Frank says.
"It's what Darwin said," Stahl points out.
"Yes, it's true," Frank acknowledges. "And Darwin was a very good biologist. I don't think he was much of an economist."
"What we're now faced is with all the taxpayers having to prop up companies that made terrible decisions consistently," Stahl remarks.
"No, we're not propping up companies," Frank insists. "That's your mistake. We're propping up individuals. The world doesn't consist of companies. The world is people. The country is people. And yes, it is possible to argue that the government..."
"But then you're talking about welfare," Stahl says.
"Yeah, I'm for welfare," Frank replies. "You're not? Are you for letting people starve?"

Socialist Franks no one advocates starving people.  Being opposed to welfare does not mean we would want to let people starve.  Let’s face the facts, we have had several generations of families that have never worked.  We live with the moral decline of the attempted socialism through the welfare state, we don’t want that again.  We don’t want a socialist welfare state controlled by a socialist bunch of Democrats.    Socialism has never worked and never will and there are many very good reasons for socialism not working.  Two very good reasons are, there is no incentive to work, to produce.  Why should I work when my neighbor doesn’t?  Secondly,  we have minds of our own and can decide what we need and want.  We don’t need socialist Democrats deciding for us.

More socialist Barney (Fife) Frank doublespeak on CBS.  But there are those who argue that reducing foreclosures would reward and encourage delinquencies. "You have the guy who’s working three jobs so he can pay off his mortgage; you have a guy who’s delinquent. He gets help, this other guy doesn’t get help. So isn’t there an unfairness…," Stahl points out.

"Yes, there is," Frank acknowledges.  "That you're setting up? And why shouldn't the guy over here who's been paying off his mortgage," Stahl asks. "Why doesn't he deliberately stop paying it."

"Let me give you another unfairness. I wanna see what you think about this. What about someone who's been working hard, 40 hours a week, maybe with some overtime, and goin' to work every day. And then his neighbor loses his job. The neighbor starts getting unemployment insurance. The neighbor who lost his job is getting money for nothing, from the government. There's some unfairness there," Frank argues.

Socialist Frank maybe we can explain to you the difference.  You want to give taxpayer money to people who have no intention of working. That is different than giving it to someone who was working hard then lost their job. Your idea of taking from the productive and redistributing to the non productive, is welfare.  That is socialism and redistribution of wealth.  The man laid off is entirely different, first he is a productive taxpayer laid off from his job laid off probably from some socialist Democrat boondoggle.  The company he worked for paid unemployment tax on the wages they paid him.  For the smartest guy in Congress you certainly make a lot of mistakes and errors socialist Barney (Fife) Frank.  You know the difference, you just hope the American taxpayers won’t know the difference.

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