Barney Frank proposes TARP overhaul, including executive pay cap

Frank has a lot of guts to do this considering he is one of the main people who caused this problem. In the late 90's during the Clinton Admin. he was dating the asst. director of new products at Fannie Mae and reduced the requirements for loans made alot of bonus $ for his boyfriend. In addition he got a pile of campaign $ from Freddie and Fannie in the process. (see Bill Sammons article in the washington post for proof) The mainstream media wont touch this info for fear they may be labeled as gay bashers. He is totally corrupt and should be getting prison time for his activities. Both Bush and Mc Cain have tried to fix it only to be blocked by dems in congress like Frank and Dodd. No I am not a conservative so no repub bashing is required. I am an independant who is sick of the lies.

Barney Frank, like Reid, Pelosi, and others, ARE AMERICA'S PROBLEM! Democrats, like Republicans lawmakers, have held their posts far too long. Ted Stevens, 40 years in the senate! Craig, trying to suck on lollipops in dirty restrooms! The Lousianna representative taking kickbacks and hiding it in his freezer! And George Bush! Do you have any idea how much money and lives he and his daddy has costed America? Bush had as many qualifications as a crack dealer to be president.

If the 350 billions are to be given out, then the money should be given to the citizens whose parents were also citizens.

Finally, we should demand that Sec. Paulson "show" us where "our" money has gone. Those recipients should be made to show us how every penny has been spent.

Truthfully, Americans should get to together and throw all of them out. "Hard-working and retired Americans" know more about what's going on in this country than our rich politicians! And Obama should turn to the people, forget those who think they own the senate.

Take back all the BAILOUT MONEY!

Tom T. you obviously dont know that Phil Graham was head of the Banking commitee in the 90's, and that he snuck in a provision to repeal Glass- Steagal act which allowed derivatives to go unchecked w/ no oversight. Allowing credit default swaps and the packaging of these loans all over the world, thus causing this global financial crisis. The washington post is a far right wing paper with an agenda to mask the truth. The correct knowledge is power. Google it partner.

If you are sick of the lies, then why do you believe the lies you've been told about Frank?

That's why they lie to you; because you buy it.

He had a boyfriend. Beyond that you have zero facts to support an accusation.

If I believed the lies I would be blaming Bush alone for the problem. But in 2001 he tried to fix the problem and Dodd and Frank blocked it. Bush's fault is that he didn't raise hell about it he just knuckled under. In 2005 Mc Cain and others tried to do it again and Dodd threatened a filibuster and to accuse repubs in the media of wanting to hurt the little guy, Mc Cain and other repubs folded. It was well known around Washington as to Franks relationship. Had it been a repub or a hetero relationship it would have been all over the place. To many in washington had warned of the immenent collapse but since politicians govern for poll #s campaign $ and not truly for the interest of their constituents it was swept under the rug. The top 3 recipients of Fannie and Freddie camp contributions are, Dodd, Frank and Obama. All of which is in the congressional record. Is that enough for you??

Light in the loafers Barney Frank needs to be run out of Washington! Instead, like the CEOs who managed failed institutions, he will undoubtedly be financially rewarded somehow!