Have you read the Dodd-Frank financial overhaul bill that recently passed both the House and the Senate? Well it's not good for America - but with Barney Frank's name attached to it, you don't need to read it to know that!
The Dodd-Frank Wall Street Reform and Consumer Protection Act has Barney Frank's DNA all over it. It sounds smart, but it doesn't make much sense, it spends more than it saves, and of course - it's afraid to talk about Fannie and Freddie.
But I'm not surprised at all. Are you? Barney Frank has a mile-long track record of throwing away taxpayer money to pay for social programs and worse - self-beneficial pork projects.
This bill is a disgrace. It doesn't touch Freddie Mac or Fannie Mae, the two entities at the heart of the financial collapse that are expected to cost taxpayers upwards of $400 billion. And to make matters worse, its excessive regulations fatten the government. Despite its name, this bill does not protect consumers, but it does force race and gender quotas on financial firms that will create a new taxpayer-funded bureaucracy.
Leave it to Barney Frank to use a financial bill as a vehicle for his ultra-liberal social agenda. You and I both know that he'll just keep on wasting our tax dollars on his far-left social experiments.
Barney Frank's financial overhaul bill is a disgrace that does not solve America's financial problems but puts us at risk for future economic crises. I've had enough of Barney Frank's social experiments at taxpayers' expense.