Tag Archives: Barney Frank

The Congressional Circus

The building that should presently house the House of Representatives and the Senate has now become a circus tent covering over a band of buffoons, contortionists and performers.  The Speaker of the House, who is third in line to the presidency, performs acrobatics regularly as she tries to convince the country that the CIA lies about everything and that she is clueless when it comes to interrogation techniques.  Yesterday she performed her regular act before the media at her regular weekly press conference.  She brought along several other Democrat clowns to catch her if she fell.  Deflection seemed to be the word of the day for the Madame Speaker.

There was an outcry across this country when it was revealed that our representatives no longer read the bills that they are required to vote on and when the Republicans demanded that the new energy bill, which is really cap and trade legislation, be read aloud in full before the Energy and Commerce Committee, the Democrats hired a speed reader to handle the task.  This young man promised that he could read one page every 34 seconds which meant it would take only nine hours for him to read the entire bill.  The exercise was begun much to the merriment of Henry Waxman who sponsored the bill, but was never fully completed.

And finally there is Barney Frank who was asked by a Fox News representative if he would call for an investigation of ACORN.  He quickly pointed back to George Bush whose administration had also funded ACORN and commented that no one said that there was any misuse of funds at that time.  When pressed, he quipped that Fox was being very unfair to Bush.  And thus Frank’s high wire act ended.  I know the image of Barney Frank in colorful tights balancing on a thin wire over your head is sickening, but I call them like I see them.

So our Congress is now a three-ring circus and no one really is surprised since we have known for years that Washington D.C. is run by a bunch of clowns.

House Passes UnConstitutional Bill To Tax AIG Bonuses

As quickly as they could, the Democrats in the House passed a bill to slap punishing taxes on AIG bonuses.  The bill imposes a 90% tax on these bonuses that were contractually guaranteed to AIG employees.  These same contracts that both Congress and the President knew about for some time.  Bonuses that Senator Dodd made sure to exempt in his amendment that was included in the Porkulus Bill.  Guess somebody should have read that monstrosity.  Now it appears Congress thinks they can make everything alright by taxing these bonuses to death.  Talk about an over-reach.

What is even worse is that this move is quite unConstitutional.  Article I Section 9 of the Constitution describes the limits on Congress although they obviously believe they have none.  One stipulation reads as “No Bill of Attainder or ex post facto Law will be passed.”  Here is what ex post facto means:
ex post facto adj. Formulated, enacted, or operating retroactively. [Med Lat., from what is done afterwards] SIn U.S. Constitutional Law, the definition of what is ex post facto is more limited. The first definition of what exactly constitutes an ex post facto law is found in Calder v Bull (3 US 386 [1798]), in the opinion of Justice Chase:

1st. Every law that makes an action done before the passing of the law, and which was innocent when done, criminal; and punishes such action. 2d. Every law that aggravates a crime, or makes it greater than it was, when committed. 3d. Every law that changes the punishment, and inflicts a greater punishment, than the law annexed to the crime, when committed. 4th. Every law that alters the legal rules of evidence, and receives less, or different, testimony, than the law required at the time of the commission of the offense, in order to convict the offender.

The members of the House are sworn to unhold the Constitution!  And not only that, but both Dodd and Frank should be impeached immediately for their hand in this housing crisis and for their further actions. Those that doth protest so much are obviously hiding something. And keep in mind, no matter how angry you may be at AIG over these bonuses, if they can do it to them then they can do it to you.

Doomsday For The Free Market And We The People

Picture from New York Times by Lauren Victoria Burke of AP

 Look at the glee in their eyes as they turn from the people they work for and pat themselves on the back for putting another nail in the coffin of the free market and what has made this country great.  A tentative agreement has been reached by the Bush Administration and these Congressional “leaders” this morning and final wording is being hammered out so that on Monday this toxic bill can be brought to a vote.  And I’m telling those Republicans who have been making a stand that they need to continue to do so.  I myself will be taking names and no one, NOT ONE, who has voted in favor of this bill will be getting my vote! 

The agreement will include the full $700 billion bailout.  The New York Times reports, “The bill includes pay limits for some executives whose firms seek help, aides said.”  For some executives?!  Pay limits?!  How about firing and no pay for failure?  That’s what happens down here on Main Street.

The NY Times continues, “In some cases, the government would receive an equity stake in companies that seek aid, allowing taxpayers to profit should the rescue plan work and the private firms flourish in the months and years ahead.”  In some cases?!  Which cases don’t they include and does that mean we give them money with no chance of making back that money?  And I just love the part that says it allows “taxpayers to profit should” the plan work.   The White House did agree to strict oversight, so at least the Treasury Secretary won’t be Tsar.  The Democrats had to give up their new bankrupcy rules which would have given judges power to change mortgage terms.

Nancy Pelosi had this to say, ““All of this was done in a way to insulate Main Street and everyday Americans from the crisis on Wall Street. We have to commit it to paper so we can formally agree, but I want to congratulate all of the negotiators for the great work they have done.”  Shut up, Nancy!  Insulate Main Street?!  We’re paying for it you plastic surgery nightmare!  Sorry, I’m just a little pissed right now.

The NY Times continued, “Lawmakers, especially in the House, are also eager to adjourn and return home for the fall campaign season.”  Yeah, you all rush home now.  People, please wake up and turn out all these losers.  Write in Mickey Mouse if you have to.  

Congressional “leaders” gave the Treasury Secretary an additional option of issuing government insurance for troubled financial institutions that the House Republicans had been pushing for as an extra protection for taxpayers so less of our money would be used.  This insurance program would be created by the Treasury.  This is only an option, keep in mind, and Henry Paulson has already said that he is not interested in it and so it will not be used.  So basically the House Republicans were given one thing and it will not stick.  They better not vote in favor of this!  I don’t have much hope there though because Roy Blunt, the chief negotiator for the House Republicans said, “We need to look and see where we are on paper tomorrow.  We have been talking about how we can make these things work in a way that our conference can come together.”

Now look at the above picture again and read what Barney Frank had to say, “This was never going to be a bill that was going to make people happy.  No solution to a problem can be more elegant than the problem itself. We are dealing with a very difficult problem.”  Yeah, they all look pretty unhappy to me.

This bailout plan is supported by almost no Americans.  It hurts both the liberals’ side as it punishes the poor to pay off Wall Street Fatcats and it hurts the conservatives’ who believe in the free market and fight socialism all the way.   Most of these politicians are lying to us, including President Bush.  Now is the time we stand up for this country and tell them, “No you don’t.”  Obviously, they haven’t listened to our calls to our Representatives and so now we must tell them in the voting booth.  It’s either that or we go the way of Glenn Beck and get out our pitchforks.  I’m all for that too.

The Democrats Doth Protest Too Much

All over the television set today and last night, Democrats have been running around blaming the stalling of negotiations over the bailout plan on John McCain.  Barney Frank claimed, “He’s slowed it down.  The next thing we know, he’s in a position frankly where he’s making it harder to get things done, rather than help us negotiate differences.”  Joe Biden had these words of wisdom, “We were going to all put this behind us and then I’m told that things changed that John McCain landed about 4 o’clock and all of a sudden I don’t know what the reason but some of the House Republicans decided that this, this wasn’t going to go forward, at least not, not right away.”  Harry Reid (who could have been talking about Obama with this) commented, “John McCain hasn’t voted in the Senate since sometime last April. And I say very sincerely that he has done nothing since he’s been here the last few hours to help this process.”  And finally Obama had this to say about the White House meeting yesterday afternoon, “Here’s my observation and I think this may have been confirmed at the meeting today — when you inject presidential politics into delicate negotiations, sometimes it’s not helpful. The cameras change things.  It’s not clear to me that having presidential candidates in a high-profile way in the negotiating process is useful.”

So we have all these prominent Democrats accusing McCain of causing the rucous at the White House meeting, but do they seem to be protesting a bit too much?  Are we getting the whole truth here?  Or could it be that the Democrats deferred to Obama and let him run their side of the aisle at the meeting to demonstrate his leadership skills and he failed horribly?  I know for a fact this is true based on the things said after the meeting and here is how I got there:

1.  If Obama had shone so brightly in his first chance to be presidential then the Democrats would be out crowing about it.  There would have been more negotiating rather than a total stop.  The Republicans would have said the meeting went well and things are close to being worked out.

2.  Obama was quick to tell Fox News that he didn’t think that presidential politics should have been involved in this process.  You know damn well that this egomaniac would have been telling everyone that he designed a plan and had most people on board if he had run the meeting with leadership.

And now the second reason why I believe the Democrats are putting up a front by protesting too much is that they have the power.  Hello!  Just pass the damn bill since you all support it and forget about those pesky House Republicans.  Or could it be that this bill is the junk most of America believes it to be?  But the Democrats want the Republicans’ butts on the line too because they know this will outrage us and most of all, it won’t work.

I cheer the House Republicans and hope they continue to stick to the principles we can all believe in.  They did this during the recess to get an energy plan and now they are fighting this bill.  Wake up Democrats, Independents and Liberals – it’s these Republicans that are working for us and protecting us.  You can call it grandstanding, I call it courage.