QUOTE: Bubble? What Bubble? Barney Frank (D-MA) 6/2005

http://www.americanthinker.com/blog/2010/04/graph_of_the_day_for_april_17.html

“We have, I think, an excessive degree of concern right now about home ownership and its role in the economy… those who argue that housing prices are now at the point of a bubble seem to me to be missing a very important point… This is not the dot-com situation… you’re not going to see the collapse that you see when people talk about a bubble.” Rep. Barney Frank (D-MA), June 2005.

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Right before the housing bubble popped in 2006!

Thanks, Taxachusetts for electing such a perceptive leader. Think you might find someone else?

How about we pick the next Lottery winner? Or someone from the jury duty pool. Do you have a village idiot? Even they’d be better.

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