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Barney Frank: John McCain's TARP claim 'cowardly'
Politico ^ | 2010-02-23 | Andy Barr

Posted on 02/23/2010 5:18:53 PM PST by rabscuttle385

Rep. Barney Frank on Monday night called Sen. John McCain (R-Ariz.) “cowardly” for suggesting that he was misled by then-Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke in order to get his support for the $700 billion Troubled Asset Relief Program.

McCain told the Arizona Republic in a story published Monday that he was told the federal funds would only be used to address the meltdown in the housing industry.

But, the Arizona senator – who is facing a primary challenge on his right from former Rep. J.D. Hayworth – told the paper, “obviously that didn’t happen.”

Asked about McCain’s claim by MSNBC’s Rachel Maddow, Frank said it was a “pathetically, obviously untrue statement .”

“Those of us who were there know it,” the Massachusetts Democrat said of the meeting Paulson and Bernanke had with lawmakers to request the funds. “I`ve gone beyond being disappointed for John McCain to feeling sorry for him.”

“For him to blame Paulson or Bernanke is cowardly,” Frank continued. “This was Bush. Paulson and Bernanke were acting for [former President] George [W.] Bush.”

Frank recalled that every person, including McCain, involved in the meeting “was trying to get a solution, from the president to the members of Congress.”

“It’s an invention,” the chairman of the House Financial Services Committee said of McCain’s claim. “Look, he’s got a very conservative primary opponent. He voted for the TARP money. He clearly supported it. And he’s now just trying to reinvent history, but it’s unseemly for a man like that to blame other people, because he changed his mind for political reasons.”


TOPICS: Business/Economy; Crime/Corruption; Government; Politics/Elections; US: Arizona; US: Massachusetts
KEYWORDS: bailout; barneyfrank; bush; democrats; financialcrisis; mccain; mccaintruthfile; panicof2008; rino; tarp
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1 posted on 02/23/2010 5:18:53 PM PST by rabscuttle385
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To: rabscuttle385

LOL!


2 posted on 02/23/2010 5:20:27 PM PST by stephenjohnbanker (Support our troops, and vote out the RINOS)
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To: rabscuttle385

I hope Hayworth uses this in radio and tv ads to hammer mclame.


3 posted on 02/23/2010 5:20:46 PM PST by mrmeyer ("When brute force is on the march, compromise is the red carpet." Ayn Rand)
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To: rabscuttle385

I never thought I’d write this: Barney’s right.


4 posted on 02/23/2010 5:21:02 PM PST by GOPsterinMA (Camelot sleeps with the fishes!)
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To: stephenjohnbanker

McCain’s “friends” are now turning on him in a way that only Grahamnesty might enjoy.


5 posted on 02/23/2010 5:21:28 PM PST by rabscuttle385 (Live Free or Die)
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To: rabscuttle385
Cat fight!!


6 posted on 02/23/2010 5:22:15 PM PST by Las Vegas Ron ("Because without America, there is no free world" - Canada Free Press - MSM where are you?)
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To: rabscuttle385

Ouch! Called a coward by a wuss.


7 posted on 02/23/2010 5:23:06 PM PST by maggief
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To: maggief

And the wuss is right


8 posted on 02/23/2010 5:24:00 PM PST by pissant (THE Conservative party: www.falconparty.com)
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To: rabscuttle385

Barney rank is related to Shemp Howard’s wife...


9 posted on 02/23/2010 5:24:55 PM PST by 4buttons
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To: GOPsterinMA

Scary, isn’t it?


10 posted on 02/23/2010 5:27:26 PM PST by 9YearLurker
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To: rabscuttle385

“Cowardly” as in “I had no idea my boyfriend was operating a male prostitution ring out of my apartment” cowardly?


11 posted on 02/23/2010 5:27:31 PM PST by skeeter
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To: pissant

How is Juan feeling about that “reach across the aisle,” “big tent” now?

LOL!


12 posted on 02/23/2010 5:29:26 PM PST by maggief
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To: skeeter

Bingo. I was thinking the same exact think. Pot, meet kettle....


13 posted on 02/23/2010 5:29:32 PM PST by Alas Babylon!
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To: rabscuttle385

This is the only time I can ever remember agreeing with Barney on something. Go JD Hayworth.


14 posted on 02/23/2010 5:30:16 PM PST by Parley Baer
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To: rabscuttle385

Is the pot calling the kettle black again?
(I hope that’s not racist!)


15 posted on 02/23/2010 5:32:45 PM PST by marstegreg
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To: rabscuttle385

Even a broken clock is right two times a day.


16 posted on 02/23/2010 5:33:01 PM PST by CriticalJ
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To: Parley Baer

I can’t help but wonder if dems help McCain lose the primary, it is the best way for them to have a chance at that seat. Thoughts?


17 posted on 02/23/2010 5:34:27 PM PST by Suz in AZ
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To: rabscuttle385
Poor choice of words. You don't call someone "cowardly" who spent seven tortuous years in a Vietnamese POW camp. And of all people to be saying it, Barney Frank.

I'm disappointed politically in McCain, but I honor him for his service to our country.

18 posted on 02/23/2010 5:37:24 PM PST by Inspectorette
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To: CriticalJ

Donks attack Republicans at every chance. I don’t take this easy, McCain is a war hero, slipped in the old age, but to have that fag calling a US POW A Coward and getting away with it on this site is to much


19 posted on 02/23/2010 5:38:40 PM PST by reefdiver ("Let His day's be few And another takes His office")
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To: rabscuttle385

Barney Frank is right, but I think there’s something even more telling about this in regards to human nature in general. Most people think moral courage is somehow “easier” than physical courage. McCain survived physical horrors most of us can’t begin to imagine, yet couldn’t summon the moral courage to be honest about the motivation for his voting record.


20 posted on 02/23/2010 5:38:59 PM PST by Joe 6-pack (Que me amat, amet et canem meum)
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