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Keyword: barneyfrank

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  • Barney Frank: Joe Biden 'doesn't look presidential'

    09/18/2015 6:56:40 PM PDT · by RightGeek · 42 replies
    Boston Herald ^ | 9/18/2015 | Joe Dwinell
    Former Bay State congressman Barney Frank had harsh words for Joe Biden yesterday, saying the vice president isn’t suited for the Oval Office and should stay out of the 2016 White House sweepstakes. “There’s something about him that doesn’t look presidential,” Frank told the Herald when asked if the veep should jump in the race. “It would be a mistake for him to do that.” Frank’s comments come as a top Biden backer was reportedly overheard this week saying, “I am 100 percent that Joe is in.” Frank also blasted Vermont U.S. Sen. Bernie Sanders, saying the self-described socialist doesn’t...
  • The Central Bankers’ Malodorous War On Savers

    08/28/2015 8:23:19 AM PDT · by PGR88 · 10 replies
    David Stockman's Contra Corner ^ | August 28, 2015 | David Stockman
    To wit, artificial suppression of free market interest rates by the central bank is designed to cause households to borrow more money than they otherwise would in order to spend more than they earn, pure and simple. Its nothing more than a modernized version of the original, crude Keynesian pump-priming theory—–except it dispenses with the inconvenience of getting politicians to approve spending increases and tax cuts in favor of the writ of a small posse of unelected monetary mandarins who run the FOMC and peg money market interest rates at will. But the whole enterprise is a crock. The consumer...
  • Wright: Trump’s Doing Great Work — But Does He Understand the 2008 Economic Crash?

    07/29/2015 8:56:33 AM PDT · by Servant of the Cross · 71 replies
    Breitbart ^ | 7/29/2015 | C. Edmund Wright
    As someone who’s criticized the Republican establishment and Sen. John McCain (R-AZ) since 1992, and slammed Karl Rove and George W. Bush since 2001, I cannot be more thrilled with what Donald Trump has brought to the national conversation. He has done what no one else could – present company included – for these topics and others. These discussions are all more in the news than ever, and we are all better off for it. It’s fun to watch, and it’s important to our national debate. Having said that, Mr. Trump made some comments on MSNBC and in Iowa in...
  • BARNEY FRANK: Justice Scalia Is a Homophobe

    06/27/2015 3:53:24 PM PDT · by 2ndDivisionVet · 68 replies
    Politico Magazine ^ | June 26, 2015 | Former Rep. Barney Frank (D-MA)
    Gay, lesbian, bisexual and transgender people won two victories in the Supreme Court today. We expected the big one: the fourth in a series of opinions by Justice Anthony Kennedy—one of the last sitting Reagan appointees—vindicating our right to legal equality. The unexpected one was smaller in public impact but also significant: Justice Antonin Scalia’s disclaimer that he is not personally troubled by the fact that we can marry each other. After a series of opinions, speeches and public comments expressing his strong disapproval of us, vigorously defending society’s right to express this attitude in discriminatory public policies, Scalia begins...
  • You won’t believe how the co-author of one of America's biggest banking regulations cashed in

    06/25/2015 6:29:55 AM PDT · by fredericbastiat1 · 6 replies
    TheBlaze Books ^ | 2015-06-25 | Benjamin Weingarten
    Recently, the financial services company Signature Bank announced the appointment of a prominent new board member. Perhaps to the surprise of some, the individual receiving the board seat was none other than the co-author and namesake of one of the nation’s largest and arguably most significant pieces of banking regulation since the Great Depression, former Massachusetts Democratic Rep. Barney Frank. How much can Frank expect to earn for his services? Fortune writes that Signature’s non-employee board members earned approximately $375,000 in cash and stock for their services last year. Rep. Frank was reportedly also granted restricted shares vesting in March...
  • Barney Frank says he’s the reason Sam Nunn never became secretary of state

    05/04/2015 9:57:26 AM PDT · by madprof98 · 13 replies
    Atlanta Journal-Constitution ^ | 5/3/15 | Jim Galloway
    Former Massachusetts congressman Barney Frank, the first openly gay member of Congress, said ‘twas he who sank Sam Nunn’s chance of becoming secretary of state under President Bill Clinton. The 1996 move, Frank said, was a pivotal display of gay-and-lesbian clout on the presidential scene. Your daily jolt on politics from the AJC's Political insider blogFrank made the remarks during an interview with Bill Nigut on GPB’s “Two-Way Street,” broadcast over the weekend. The congressman is making the rounds, plugging his autobiography: “Frank: My Life in Politics from the Great Society to Same Sex Marriage.” ***** Frank reserved particular ire...
  • Barney Frank on the Supreme Court's gay-marriage ruling: 'I cannot wait to see Scalia's reaction'

    04/28/2015 11:30:36 PM PDT · by Zakeet · 13 replies
    The Week ^ | April 29, 2015 | Peter Weber
    Former Rep. Barney Frank (D-Mass.) is pretty bullish on the Supreme Court recognizing a national right to same-sex marriage, he told Seth Meyers on Tuesday's Late Night, though he said he hadn't read much about the oral arguments that took place earlier in the day. He's excited, Frank added, because he has a husband, and because "I cannot wait to see Justice Scalia's reaction. I'm speculating that like Rumpelstiltskin he will stamp his foot and go up in a puff of smoke." Meyers laughed, "That would be something to see."
  • Barney Frank D-MA defends his role leading up to crisis (just another stump speech on meltdown)

    10/26/2008 4:52:25 AM PDT · by Libloather · 26 replies · 747+ views
    South Coast Today ^ | 10/26/08 | Steve Urbon
    Barney Frank defends his role leading up to crisisBy Steve Urbon Standard-Times senior correspondent October 26, 2008 6:00 AM NEW BEDFORD — It's essentially a stump speech by now, as U.S. Rep. Barney Frank explains yet again what was and what wasn't his role in the nation's financial meltdown, particularly in the housing market. Ten days ago at White's of Westport before the regional Chambers of Commerce, again at a Standard-Times editorial board meeting last Thursday, and countless other times, Rep. Frank ran down the list. These were the errors, misjudgments and schemes that amounted to a "Ponzi scheme" of...
  • Yes, Barney Frank Admits, I Want to Blame Only Bush

    03/29/2015 9:42:28 AM PDT · by Impala64ssa · 34 replies
    News Busters ^ | 3/28/15 | Jack Coleman
    As a long-term strategy for defeating jihadists, Americans blaming George W. Bush ad infinitum is sure to be a winner -- for jihadists. It's right up there with American retreat from leadership in the world as high on their list of goals. And sure enough, former congressman Barney Frank heartily endorses both. Frank was among the guests on last night's Real Time with Bill Maher, brimming with his usual persnickety bluster. At one point he tangled with conservative columnist S.E. Cupp on the subject of the abrupt US military withdrawal from Yemen. This led to a pair of candid admissions...
  • Barney's Blithering Misunderstanding of Business: 'Your Being There Means Somebody Else' Won't Be

    03/29/2015 7:53:12 AM PDT · by governsleastgovernsbest · 19 replies
    NewsBusters ^ | Mark Finkelstein
    Two days ago I ordered online a used copy of Milton & Rose Friedman's classic "Free to Choose," hoping a liberal loved one would be willing to read it. That doesn't look like it's going to happen, so now I'm tempted to send the book to Barney Frank—since it's apparent that, like many liberals, he doesn't understand the most basic notions of how free markets work. On Steve Kornacki's MSNBC show today, Frank described business creators as being "given privileges." Barney then added this mind-boggler: "there's only a limited amount of space, there's only a limited amount of businesses. Your...
  • My Life as a Gay Congressman

    03/18/2015 6:45:26 AM PDT · by PROCON · 28 replies ^ | March 12, 2015 | BARNEY FRANK
    n 1986, I was as ready to leave the closet as I would ever be—but how would I do so? Though I was a third term Democratic congressman from Massachusetts, I had lived too long with the burden of “the gay thing” to treat coming out as a political matter alone. For many years, I was ashamed of myself for hiding my membership in a universally despised group. I’d been afraid of exposure, and angry at myself for my self-denial. I’d felt shame as I watched younger gay men and lesbians confront the bigots openly with a courage that I...
  • Why capitalist virtue beats cronyist sin

    03/09/2015 10:24:02 AM PDT · by E. Pluribus Unum · 2 replies
    Human Events ^ | 03/09/2015 | Lawson Bader and and Fred Smith
    At a breakout session during the recent Conservative Political Action Conference, one of us posed a question to the audience: What do members of the Tea Party and Occupy Wall Street have in common?Hint: it has something to do with the 2008 bailout of private banks by American taxpayers. The insidious stink from that sorry episode lingers to this day—on both parties. Now the reasons for outrage over the bailouts were different for each group. For the Tea Partiers it was an unwarranted intrusion into the free market; for the Occupiers a taxpayer-financed gift to wealthy executives they believe caused...
  • Boehner’s Head Fake

    12/18/2014 8:52:30 AM PST · by Oldpuppymax · 15 replies
    Coach is Right ^ | 12/18/14 | Suzanne Eovaldi
    So what did we just see happen in our Republican US House? Did John Boehner just do a head fake or what? His quid pro quo with the Democrats gets him and them amnesty along with a Christmas Wish List for Wall Street. In fact, wasn’t benefiting Wall Street the real lynchpin of the massive Omnibus bill, not executive amnesty? Think about it. Boehner now becomes the Wall-Streeter in Chief, not President Obama, whom the Speaker actually used to pass his legislation! Wasn’t the wished for defeat of executive amnesty just so much political theatre, what with the media screaming...
  • Elizabeth Warren tells donors minorities were ‘targeted’ with subprime mortgages

    12/08/2014 2:10:54 PM PST · by SeekAndFind · 79 replies
    Hotair ^ | 12/08/2014 | Noah Rothman
    Progressive icon Sen. Elizabeth Warren (D-MA) recently dropped a bombshell in a private meeting with Boston-area donors, according to a report in Politico. The dispatch focuses primarily on WarrenÂ’s candid criticisms of President Barack Obama and his pick to serve as undersecretary for domestic finance at the Treasury Department, Antonio Weiss. This bit of fractious infighting within the Democratic Party will provide pundits with an opportunity to examine the divisions within the Democratic coalition, but Warren also made a more interesting contention in this meeting that merits further review. According to sources who attended that meeting, Warren heavily criticized...
  • Raising gas tax overdue: Barney Frank

    12/04/2014 2:00:18 PM PST · by shove_it · 48 replies
    CNBC ^ | 4 Dec 2014
    Former Rep. Barney Frank, and CNBC senior contributor Larry Kudlow, debate raising the gasoline tax.
  • Accused child rapist rode on Air Force One with Obama, raised $500k for Prez

    11/20/2014 7:59:16 PM PST · by TigerTown · 15 replies
    Radix News ^ | November 20, 2014 | Brett M. Decker
    A major Democratic donor was arrested this week by the Sex Crimes Unit in Portland, Ore., for raping a minor. Terrence Bean, a liberal activist who bundled more than $500,000 for Obama’s 2012 reelection campaign, is charged with having sex with a 15-year-old boy. Bean has made contributions to influential Democrats such as Hillary Clinton, outgoing Senate Majority Leader Harry Reid, Assistant Senate Majority Leader Dick Durbin and Rep. Barney Frank, who has had his own smarmy brushes with the law. Bean’s Instagram account shows him on Air Force One with President Obama and getting chummy with Vice President Joe...
  • Barney, Frank: Admits Key Obamacare Clause Before Supreme Court Was 'Mistake'

    11/08/2014 7:54:37 AM PST · by governsleastgovernsbest · 60 replies
    NewsBusters ^ | Mark Finkelstein
    Barney Frank lived up to his last name, and might live to regret it in Dem circles. Appearing on this morning's Up with Steve Kornacki, Frank admitted that the key Obamacare clause that the Supreme Court just agreed to consider was a "mistake." The clause on its face limits Obamacare subsidies to people obtaining coverage through state exchanges. Only 14 states set up exchanges, yet the Obama admin has been granting subsidies to millions of people who got their policies through federal marketplace instead. If SCOTUS enforces the literal language of the law, it could well deal a death blow...
  • Barney Frank: I Thought of Tea Party as 'Dumb Animals'

    11/06/2014 5:30:44 PM PST · by governsleastgovernsbest · 80 replies
    NewsBusters ^ | Mark Finkelstein
    A shame that Barney Frank retired from Congress. We could really use him as the face of the Dem party. On this evening's Hardball, Barney, AKA Mr. Congeniality, let it be known that he thought of Tea Party members as "dumb animals." View the video here.
  • Barney Frank on Obamacare rollout: ‘They just lied to people’

    08/03/2014 8:56:52 AM PDT · by afraidfortherepublic · 47 replies
    Washington Times ^ | 8-3-14 | Kellan Howell
    the mishandling of the new health care law. “The rollout was so bad, and I was appalled—I don’t understand how the president could have sat there and not been checking on that on a weekly basis,” the former Democratic congressman told the website. “But frankly, he should never have said as much as he did, that if you like your current health care plan, you can keep it. That wasn’t true. And you shouldn’t lie to people. And they just lied to people,” he added. Mr. Frank told The Huffington Post that Mr. Obama should have better explained the situation...
  • Barney Frank: Obama 'Just Lied to People' About Obamacare

    08/02/2014 11:20:51 AM PDT · by Hotlanta Mike · 38 replies
    The Weekly Standard ^ | AUG 2, 2014 | DANIEL HALPER
    Former Democratic congressman Barney Frank has some tough words for President Barack Obama about his handling of Obamacare. "The rollout was so bad, and I was appalled -- I don't understand how the president could have sat there and not been checking on that on a weekly basis," Frank tells the Huffington Post in a recent interview. "But frankly, he should never have said as much as he did, that if you like your current health care plan, you can keep it. That wasn't true. And you shouldn't lie to people. And they just lied to people."
  • Justice Dept. may seek $13B from Bank of America

    04/25/2014 9:53:13 AM PDT · by Oldeconomybuyer · 25 replies
    Market Watch ^ | April 25, 2014 | By Barbara Kollmeyer
    U.S. prosecutors could make Bank of America Corp. pay more than $13 billion to resolve probes into the lender's sale of bonds backed by home loans in the run-up to the 2008 financial crisis, Bloomberg reported on Friday. Last month, the bank agreed to pay $9.5 billion to resolve Federal Housing Finance Agency claims, and the new settlement would come on top of that, according to Bloomberg.
  • Bank of America to Pay $6.3 Billion to Settle Mortgage Securities Suit

    03/26/2014 4:30:49 PM PDT · by Oldeconomybuyer · 13 replies
    New York Times ^ | March 26, 2014 | By MATTHEW GOLDSTEIN
    Bank of America is paying $6.3 billion to settle a lawsuit arising out of troubled mortgage-backed securities it cobbled together and sold to Fannie Mae and Freddie Mac in the run-up to the financial crisis. Including this latest settlement, the housing finance agency has recouped $16 billion in cash payments from banks and financial firms that sold mortgage-backed securities. The regulator, which filed 18 lawsuits, still has claims pending against seven banks and financial institutions.
  • The Financial Crisis: Why Have No High-Level Executives Been Prosecuted?

    01/09/2014 8:35:15 PM PST · by Brad from Tennessee · 61 replies
    New York Review of Books ^ | January 9, 2013 | By Jed S. Rakoff
    Five years have passed since the onset of what is sometimes called the Great Recession. While the economy has slowly improved, there are still millions of Americans leading lives of quiet desperation: without jobs, without resources, without hope. Who was to blame? Was it simply a result of negligence, of the kind of inordinate risk-taking commonly called a “bubble,” of an imprudent but innocent failure to maintain adequate reserves for a rainy day? Or was it the result, at least in part, of fraudulent practices, of dubious mortgages portrayed as sound risks and packaged into ever more esoteric financial instruments,...
  • Obamacare Ignites Revolution Inside The Democratic Party

    12/31/2013 3:45:38 AM PST · by Liz · 29 replies ^ | 12/31/13 | Money Morning Staff Reports
    As 2014 midterms approach, some Democrats are running-not walking-away from Obamacare....coming out of the woodwork to voice opposition. •39th President Jimmy Carter: "His major accomplishment was Obamacare, and the implementation of it now is questionable at best." •Barney Frank, former Massachusetts Congressman: "I think we paid a terrible price for health care." •Former Democratic Presidential candidate, Howard Dean, a doctor: "The Affordable Care Act's Rate-Setting Won't Work." Obamacare was primarily designed to decrease the number of uninsured Americans and reduce healthcare costs. But experts say it will have the exact opposite effect. What started as a promise to insure 40...
  • Friday Humor: Barney Frank Joins CNBC

    12/20/2013 9:56:15 AM PST · by RightGeek · 29 replies
    Zero Hedge ^ | 12/20/2013 | Tyler Durden
    Pleased to announce former US Congressman @BarneyFrank has joined @CNBC as our latest contributor.— Nick Dunn (@NickDunnCNBC) December 20, 2013 We are sure Frank's arrival will fix this...
  • Housing Finance Reform: Lessons From The Obamacare Debacle (Government Takeover Of Insurance)

    11/20/2013 8:17:09 AM PST · by whitedog57
    Anthony B. Sanders ^ | 11/20/2013 | Anthony B. Sanders
    As Congress mulls over the “reform” of Fannie Mae, Freddie Mac and even the Federal Housing Administration (FHA), it is important to remember that these entities are INSURANCE COMPANIES that compete directly with private mortgage insurers like MGIC. So when we consider housing finance “reform,” consider the debacle from the recent “reform” of insurance: The Affordable Care Act. Please visit the Affordable Care Act (aka, Obamacare) at this site and try to enroll. Another similarity between housing finance reform and healthcare reform is that they are both focused on “affordable” delivery on housing finance and healthcare. The Corker-Warner Senate legislation...
  • Boehner’s “a disaster,” Cruz “intelligent fool,” & heroin should be legal: Barney Frank talks..

    10/15/2013 1:52:32 PM PDT · by 2ndDivisionVet · 33 replies
    Salon ^ | October 15, 2013 | Josh Eidelson
    Barney Frank spent 32 years in the U.S. House before retiring in January. In recent years, he helmed the House Financial Services Committee during the 2008 financial crisis, became the first member of Congress to marry a same-sex partner while in office and helped lead the charge for a ban on anti-gay firings (so far stymied) and post-crash financial reform (that law now bears his name). He’s currently writing a book. In a Monday afternoon interview, Frank predicted the endgame of the debt-ceiling showdown and defended his push in Congress for an Employment Non-Discrimination Act that would have left out...
  • Barney Frank Fesses Up: Gov't Shares Blame For Financial Crisis

    09/27/2013 7:16:21 AM PDT · by SeekAndFind · 26 replies
    IBD ^ | 09/27/2013 | Paul Sperry
    <p>In a startling admission, the architect of the biggest regulatory hit on Wall Street since the New Deal now agrees with critics that Washington deserves as much blame for the financial crisis as Wall Street.</p> <p>Former Democratic Rep. Barney Frank, co-author of the Dodd-Frank Wall Street Reform and Consumer Protection Act, said in a recent forum on the crisis that the government — through its decades-long national homeownership campaign and affordable housing goals — "propelled" lenders and investors to excesses they would not have otherwise gone to in the absence of such political incentives.</p>
  • First Openly Gay Congressman Barney Frank Describes Himself as 'Pot Smoking Atheist'

    08/06/2013 9:11:20 PM PDT · by massmike · 45 replies ^ | 08/06/2013 | Katherine Weber
    Former Massachusetts Congressman Barney Frank, the nation's first openly gay member of Congress and liberal darling, implied in a recent interview that he is also a "pot-smoking atheist." Frank, a Democrat who served as a member of the U.S. House of Representatives from Massachusetts from 1981 to 2013, made his comments last Friday while serving as a guest on a talk show hosted by Bill Maher, a stand-up comedian known for his atheist, liberal-slanted comedy routine. Maher then went on to say that Frank was lucky to have worked in a "safe district" which didn't receive the kind of media...
  • Your Dreams Not Included

    07/20/2013 3:50:13 AM PDT · by Kaslin · 3 replies ^ | July 20, 2013 | John Ransom
    Over the last several weeks we have heard Congress caterwauling, stonewalling, stalling and wailing about so called "bank reform". So, cover your eyes and get the kids of out the room because this is about to become bi-partisan.* Here it is: According to both parties- I know you'll find this hard to believe- banks apparently aren't reformed enough. Yes, the problem that Barney-Frank and Chris-Dodd supposedly fixed with huge Democrat majorities from 2000-Obama to 2000-O'Tea Party, apparently isn't fixed, both Democrats and Republicans agree. For example, the other day we heard Barney-Frank both defend and condemn the Dodd-Frank banking reform...
  • Sheila Bair- Barney Frank Editorial On Securitization Misleading (Fannie/Freddie Did The Same Thing)

    05/25/2013 4:20:42 PM PDT · by whitedog57 · 3 replies
    Confounded Interest ^ | 05/25/2013 | Anthony B. Sanders
    Sheila Bair, former FDIC Commission, and Barney Frank, former Congressman, penned a misleading op-ed in Fortune/CNN Money entitled “Watch out. The mortgage securities market is at it again“. Here is the misleading sentence: Big, ugly giants with names like Countrywide Financial and New Century packaged huge pools of mortgages, sliced them up into securities, and sold them to investors, who now bore the risk if the loans defaulted. It turns out that “big, ugly giants” with names like Fannie Mae and Freddie Mac did exactly the same thing. They packaged huge pools of mortgages, sliced them up into securities, and...
  • Frank Predicts Gay U.S. Prez in 20 Years

    05/20/2013 5:41:57 PM PDT · by presidio9 · 98 replies
    Bay Area Reporter ^ | May 19, 2013 | James Patterson
    Outspoken gay former Congressman Barney Frank was in San Francisco this week and told a gathering of the Commonwealth Club that while he won’t consider a presidential run, he predicted the U.S. could have a gay president in 20 years. Frank, a Massachusetts Democrat, has never shied from speaking his mind, and he held forth on a wide range of topics during an interview with gay radio reporter Scott Shafer of KQED. The audience of over 500 people, including former Ambassador James C. Hormel and his partner, Michael Nguyen, gave Frank a standing ovation as he stepped to the stage....
  • Barney Frank and the Boston Marathon Bomber

    05/09/2013 9:19:54 AM PDT · by Chuckmorse · 7 replies
    Chuck Morse Speaks ^ | May 9. 2013 | Chuck Morse
    May 9, 2013 Were the 13 Immigration and Nationality Act "reforms" authored by Barney Frank between 1981 and 2001 responsible for the Boston Marathon bomber Tamerlan Tsarnaev traveling back and forth between Dagastan and the US with a legal visa even after the Russian Government had informed the FBI and the CIA about his radical Islamist background? This question is particularly relevant now that it has become all too apparent that foreign terrorists with legal visas are still inside the United States even after 9/11. Frank's 1989 amendment prevented our customs and embassy officials from doing their jobs and denying...
  • Maxine Waters Set to Run Finance if Dems Win House in

    05/04/2013 4:46:32 AM PDT · by Kaslin · 60 replies
    May 4, 2013
    Barack Obama has promised to take back the United States House of Representatives in 2014 by using his Organizing for Action superhero/super PAC as his weapon. And if that happens the country faces the prospect of this old socialist, Rep. Maxine Waters (D-Graft, Theft, Shakedown), becoming the chair of the House Financial Services committee.  Just imagine super-liberals Sens. Ron Wyden (D-DeathState), or Chuck Shumer (D-EastCoast) teaming up with Waters to re-write Dodd-Frank banking law to make it more liberal. But so far B.O.’s money superstorm disguised as a PAC has made a lot of noise but hasn’t even ruffled feathers...
  • Barney Frank on the Boston bombing: Let this serve as a reminder to you, smaller government

    04/16/2013 5:08:17 PM PDT · by Nachum · 29 replies
    Michelle Malkin ^ | 4/16/13 | Doug Powers
    The wisdom Frank tried to impart on CNN this morning is that the best way to fight against terrorism is by making government a lot bigger. Video via The Weekly Standard: “In this terrible situation, let’s be very grateful that we had a well-funded, functioning government. It is very fashionable in America, and has been for some time to criticize government, belittle public employees, talk about their pensions, talk about what people think … of [their] health care. Here we saw government in two ways perform very well. … I never was as a member of Congress one of the...
  • MSNBC’s Thomas Roberts Calls Out Barney Frank for Politicizing Boston Marathon Bombing

    04/16/2013 12:47:15 PM PDT · by Kaslin · 17 replies ^ | April 16, 2013 | Paul Bremmer
    Former congressman Barney Frank (D-Mass.) went on MSNBC this morning to react to yesterdayÂ’s bombing at the Boston Marathon. In a shameless moment of advocacy, Frank used the tragedy to make a political statement about revenue and the size of government. Considering that this happened on MSNBC, you might expect the host to condone the congressmanÂ’s liberal activism, but anchor Thomas Roberts actually called Frank out for his despicable attempt to politicize this tragedy. Early in the interview, Frank stressed that none of us know much about who and what were behind this event as of yet. So the former...
  • Barney Frank: 'No Tax Cut Would Have Helped Us Deal With This'

    04/16/2013 7:37:21 AM PDT · by Responsibility2nd · 44 replies
    Weekly Standard ^ | 04/16/2013 | By DANIEL HALPER
    "I'm glad you raised that, because it gives me a chance to make a point I've felt strongly about," said Frank. "In this terrible situation, let's be very grateful that we had a well-funded, functioning government. It is very fashionable in America, and has been for some time to criticize government, belittle public employees, talk about their pensions, talk about what people think ... of [their] health care. Here we saw government in two ways perform very well. ... I never was as a member of Congress one of the cheerleaders for less government, lower taxes. No tax cut would...
  • CNBC's Bartiromo Takes (Barney) Frank to Task Over Lack of ’08 Financial Crisis Prosecutions

    02/16/2013 8:27:39 AM PST · by DogByte6RER · 21 replies
    Washington Free Beacon ^ | February 15, 2013 | Washington Free Beacon Staff
    Bartiromo Takes Frank to Task Over Lack of ’08 Financial Crisis Prosecutions • Frank: 'Individuals' should be prosecuted on Wall Street, will not say who Former Massachusetts Congressman Barney Frank (D., Mass.) advocated criminal prosecutions against “individuals” involved in the 2008 financial crisis and the subsequent collapse on Wall Street Friday on CNBC. Maria Bartiromo reacted incredulously to Frank’s refusal to name specific individuals who may have perpetrated criminal wrongdoing, accusing the former Congressman of playing populist politics by making specious allegations against the financial industry. Frank attempted to deflect the criticism by stating as Chair of House Financial Services...
  • The Obama Hypocrisy: US sues S&P over pre-crisis mortgage ratings

    02/08/2013 6:33:10 AM PST · by Madhattan · 1 replies
    In charges filed late Monday in Los Angeles federal court, the Justice Department said S&P gave high marks to mortgage-backed securities that later went sour, even though it knew they were risky. The government said S&P misrepresented the risks because it wanted more business from the banks. The case is the government's first major action against one of the credit rating agencies that stamped their seals of approval on Wall Street's mortgage bundles. It marks a milestone for the Justice Department, which has been criticized for failing to make bigger cases against the companies involved in the crisis. "Put simply,...
  • Barney Frank's Strange Obsession With Misogynistic Henny Youngman Line

    02/07/2013 5:34:08 PM PST · by governsleastgovernsbest · 15 replies
    NewsBusters ^ | Mark Finkelstein
    What's with Barney Frank and his odd obsession with a Henny Youngman line that—had virtually any other politician used it—would result in him being accused of the worst kind of misogyny? Back in 2011, I noted that, appearing on Morning Joe, Frank had quoted the hoary Henny line: "How's your wife? Compared to what?" Yet there was Barney again this evening, this time on Al Sharpton's MSNBC show, breaking out the identical line. Really: what gives? And imagine the feminist outrage if, say, Mitt Romney had dared used the line during his presidential campaign. View the video here.
  • Low-profile interim Senate pick adds intrigue to Mass. special election

    01/31/2013 1:44:19 AM PST · by SMGFan · 5 replies
    Massachusetts Gov. Deval Patrick's (D) decision to name his former chief of staff, William "Mo" Cowan, as an interim replacement to outgoing Sen. John Kerry (D) came as a surprise to some — but it may have made the lives of both former Sen. Scott Brown (R) and Patrick himself a bit easier. By choosing a friend and longtime supporter — and a man with a relatively low political profile in Massacusetts — Patrick avoided the potential bombast and bomb-throwing that might have occurred had he appointed former Rep. Barney Frank (D-Mass.), who had very publicly pursued the job. Read...
  • Senator Elizabeth Warren hires Barney Frank's former chief of staff as economic development director

    01/11/2013 2:01:12 PM PST · by matt04 · 8 replies
    Democratic U.S. Sen. Elizabeth Warren announced Friday that her office has hired Bruno Freitas as the new economic development director and a senior advisor to serve in Washington D.C. Freitas joins the Warren team from the office of another Massachusetts politician, former U.S. Congressman Barney Frank, who retired from Congress this year following the state legislature's redistricting process. Freitas, a New Bedford native, most recently worked as Frank's chief of staff and legislative director, although he has worked with the congressman in some capacity since 1994, when he helped design Frank's first website. Warren's office said that his previous work...
  • Barney Frank: I want to be named interim senator

    01/04/2013 8:19:41 AM PST · by raccoonradio · 9 replies
    Boston Herald ^ | 1/4/13 | Matt Stout
    Just one day removed from the House, Barney Frank says he wants to get back to Washington. Frank, speaking today on MSNBC’s “Morning Joe,” said he told Gov. Deval Patrick he wants to be interim senator when Sen. John Kerry is named secretary of state. “A month ago, or a few weeks ago, I said I wasn’t interested,” Frank said. “It was kind of like you’re about to graduate, and they said: ‘You gotta go to summer school.’ But (the fiscal cliff) deal now means that February, March and April are going to be among the most important months in...
  • The Mega Scandal Everyone Has Forgotten - Fannie, Freddie, and Congress get off scot-free.

    01/02/2013 3:07:33 PM PST · by neverdem · 14 replies
    National Review Online ^ | DECEMBER 31, 2012 | John Fund
    Angelo Mozilo In Star Wars, Obi-Wan Kenobi used an old Jedi mind trick on Stormtroopers to deflect them from their real quarry: “These aren’t the droids you’re looking for.” It worked.It looks as if another mind trick, well known in the Congress — delay and deflection — will now work to make Americans forget one of the biggest scandals of our time: the housing collapse that triggered the 2008 financial meltdown we are still suffering from. We shouldn’t just gaze over the fiscal cliff everyone else is scrutinizing; we should also examine the droids who helped set in motion our...
  • Barney Frank: Newt Gingrich hypocritical for blaming Newtown on absence of religion in public life

    12/23/2012 5:52:46 PM PST · by Olog-hai · 32 replies
    Boston Globe ^ | 12/20/2012 7:18 PM | Tracy Jan
    Congressman Barney Frank blasted former House Speaker Newt Gingrich for hypocrisy on Wednesday, criticizing the marital track record of his political nemesis after Gringrich connected the Sandy Hook school massacre to the absence of religion in public life. “God appears to have been driven out of Mr. Gingrich’s private life if you look at his marital history,” Frank said on MSNBC. “He’s very selective about where he thinks fundamental religious tenets ought to be followed.” …
  • Barney Frank on Balancing the Budget: “I Don’t Think Balance is Logical”

    12/22/2012 3:40:44 PM PST · by Olog-hai · 30 replies
    Cybercast News Service ^ | December 20, 2012 | Patrick Burke
    Rep. Barney Frank (D-Mass.) does not think it is “logical” to achieve a balanced federal budget “from the standpoint of a whole economy” because the relationship between budget and government is different from that of budget and individual. At the U.S. Capitol on Thursday, asked Frank about the “fiscal cliff” talks between President Barack Obama and House Speaker John Boehner (R-Ohio): “During these ongoing negotiations would you like to see an attempt to balance the federal budget? And if so,in what year?” …
  • John Kerry's Nomination Means Barney Frank May Be Back In D.C. Sooner Than Anyone Thought

    12/21/2012 12:45:40 PM PST · by SeekAndFind · 26 replies
    Business Insider ^ | 12/21/2012 | Linette Lopez
    Today, Barack Obama nominated Massachusetts Democratic Senator John Kerry for Secretary of State, and if he's confirmed, that will leave a Massachusetts Senate seat open next year. At the same time, there just happens to be a Massachusetts Democrat going into retirement next year — former head of the Banking Committee, Barney Frank. Governor Deval Patrick has got to nominate someone to fill the seat until a special election is held next year, and Frank may be the experienced pick. Politico reports that Frank said he wouldn't rule out accepting the nomination either. “The governor ought to be free to...
  • new study confirms democrats crashed the economy DUH...

    12/21/2012 8:24:03 AM PST · by raygunfan · 20 replies
    The Examiner ^ | 12/21/2012 | ROBERT MOON
    A new study from the widely respected National Bureau of Economic Research released this week has confirmed beyond question that the left's race-baiting attacks on the housing market (the Community Reinvestment Act
  • Hacktivist's Mom Has a Few Questions for Anonymous

    03/15/2012 8:48:25 PM PDT · by Kaslin · 4 replies ^ | March 16, 2012 | John Ransom
    When hacktivist Jeremy Hammond was arrested last week in Chicago as a part of a wide government investigation in the online group Anonymous, his mother, Rose Collins, called him a genius without any wisdom. “Again?” she asked when informed by the Chicago Tribune that her son had been arrested for hacking. “I love my son, but he is a genius with no brain. He has a 168 IQ, but he has no wisdom.”  In an attempt to educate the world at-large about the dangers of Anonymous, Rose Collins reached out to Townhall Finance and spoke about Jeremy and Anonymous. She ended by asking a...
  • Rep. Barney Frank’s claim about a should-be Democratic House majority

    11/14/2012 8:09:27 AM PST · by Seizethecarp · 9 replies
    Washington Post ^ | November 14, 2012 | Josh Hicks
    The 2012 election certainly didn’t end as planned for the GOP, which failed to win the presidency and lost seats in both chambers of Congress. Nonetheless, Republicans found a silver lining in the fact that they maintained control of the House, having won at least 233 seats as of Tuesday — 218 are needed for a majority. Rep. Barney Frank (D-Mass.) argued on MSNBC’s “Rachel Maddow Show” that the election was a clean sweep for Democrats. He said the GOP wouldn’t have retained control of the House if it wasn’t for questionable redistricting by Republicans. The Brennan Center for Justice...