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Announcing the hearings last week, Barney Frank, the chairman of the Financial Services Committee, said that public patience with Wall Street bailouts had worn thin. "As I've said to a couple of the bankers, 'Here's this problem: People really hate you, and they're starting to hate us because we're hanging out with you,'" Mr Frank said.
Yesterday, he urged them to be "cooperative, not grudgingly, not doing the minimum" as the US government seeks to impose a new culture of responsibility on an industry that has become known for its enormous pay packets, corporate jets and lavish junkets. "Understating that there is substantial public anger and alleviating that public anger not with mumbo jumbo but with reality is essential if we're going to have the support in the country to take the right steps," Mr Frank said.
As one poster said previously, he is trying to drawn America's hatred of the US Government and place it on the people that are receiving the bailouts. What an idiot the truth is people hate people like frank that keep squandering off our tax dollars. If it wasn't for the freaking government the bankers would have no access to our tax dollars.
Originally posted by DimensionalDetective
What a joke.
"Hate" has nothing to do with it---These people are threatening our very existences and livelihoods with their continual raping and robberies of the tax-payers to keep themselves in the lap of luxury, when in a JUST world, they should be put behind bars for what they've done!