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Showing posts with label barney frank. Show all posts
Showing posts with label barney frank. Show all posts

Thursday, January 7, 2010

What is Universal Voter Registration?

http://www.americanthinker.com/2010/01/what_the_dems_know_universal_v.html

In January, Chuck Schumer and Barney Frank will propose universal voter registration. What is universal voter registration? It means all of the state laws on elections will be overridden by a federal mandate. The feds will tell the states: 'take everyone on every list of welfare that you have, take everyone on every list of unemployed you have, take everyone on every list of property owners, take everyone on every list of driver's license holders and register them to vote regardless of whether they want to be ...'

The problems with universal voter registration are numerous and obvious. Many states' lists include vast numbers of illegals, including some states which allow illegals to obtain drivers licenses; because many homeowners have more than one home, there will be duplicates; because so many people are on so many separate federal and state government agency lists, there will be duplicates; and because so many lists exist with little or no cross-checking capability, all of these duplicates are likely to go uncorrected. Add to this the fact that Dems hope to extend voting rights to felons, and the whole thing begins to look like a nationwide Democrat voter registration drive facilitated by taxpayers.

Sunday, January 3, 2010

Bankers Get $4 Trillion Gift From Barney Frank

http://www.bloomberg.com/apps/news?pid=20601039&sid=a48c8UpUMxKQ

The baby of Financial Services Committee Chairman Barney Frank, the House bill is meant to address everything from too-big-to-fail banks to asleep-at-the-switch credit-ratings companies to the protection of consumers from greedy lenders.

It authorizes Federal Reserve banks to provide as much as $4 trillion in emergency funding the next time Wall Street crashes. So much for “no-more-bailouts” talk. That is more than twice what the Fed pumped into markets this time around. The size of the fund makes the bribes in the Senate’s health-care bill look minuscule.

The legislation does create a council of regulators to spot risks to the financial system and big financial firms. Unfortunately this group is made up of folks who missed the problems that led to the current crisis.

The bill also allows regulators to “prohibit any incentive-based payment arrangement.” In other words, banker bonuses are still in play. Maybe Bank of America Corp. and Citigroup Inc. shouldn’t have rushed to pay back Troubled Asset Relief Program funds.

Tuesday, April 21, 2009

Frank Statement on Moody’s Negative Outlook on Municipalities

http://www.house.gov/apps/list/press/financialsvcs_dem/pr040809.shtml

So now telling the truth isn't the way to go? To borrow a term from the election, you can't put lipstick on a pig.