Barney Frank made some statements in the House floor just before the real estate collapse that are not to be believed. I just found the video on Youtube and thought I'd share it. Among his quotes are "This is not the .com situation" and "you're not going to see the collapse that you see when people talk about a bubble". Check out the video here:
Lets not forget that as the head of the banking committee he was responsible for oversight of FNMA and FMAC. Rwemember the young man he was "dating" who was running a male escort service out of Mr. Frank's Georgetwon address? This guys is so clueless it's scary.
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