Herald readers put blame on Barney Frank
Photo by AP
House Financial Services Committee Chairman Rep. Barney Frank, D-Mass., center, talks with reporters on Capitol Hill in Washington, Monday, Sept. 29, 2008, following the failed House vote on the financial bailout package.
By Joe Dwinell - 2008 Pres. Campaign
Tuesday, September 30, 2008
(Thanks Arno, I wanted to post this in case the link goes inactive)
news.bostonherald.com
When it comes to the Wall Street meltdown, Rep. Barney Frank is considered the engineer of the financial train wreck, a bostonherald.com instant poll shows.
Frank (D-Newton), chairman of the House Financial Services panel, is plastered with blame even more so than President Bush or former fed chief Alan Greenspan.
Some readers argue all you have to do is click over to YouTube and listen to Frank, in the fall of 2003, swear “Fannie and Freddie (are) not in a crisis!” and are “fundamentally sound financially.”
Whoops, guess not.
Fannie Mae and Freddie Mac have been taken over by the government and are under a grand jury investigation.
More than 5,000 responders to a bostonherald.com poll posted mid-day yesterday are calling for heads to roll:
* 36 percent state Frank is out in front.
* Bush is second with 29 percent for missing red flags.
* Greenspan, now knocked off his guru perch, is third with 19 percent blame.
* Former President Bill Clinton falls next with 12 percent responsibility.
* Barack Obama, 3 percent
and
* John McCain, 1 percent, escape mostly unscathed, for now.
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