Rep. Frank Says There Will Be Death Panels — For Banks : The Two-Way Rep. Barney Frank says there will be death panels — for banks.
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Rep. Frank Says There Will Be Death Panels — For Banks

"There will be death panels enacted by this Congress, but they will be for non-bank financial institutions that will not be considered too big to die," House Financial Services Committee Chairman Barney Frank, D-Mass., vowed today.

The always quotable Frank's comment came during a hearing in which Treasury Secretary Timothy Geithner endorsed Democratic efforts to "narrow the scope of a new consumer protection agency," the Associated Press writes.

Here's Frank making his point — which is that letting some financial institutions become "too big to fail" is a large part of what caused the financial crisis that erupted one year ago:

"Death panels," of course, have been much discussed — and debunked — in the debate over health care.