Posted on 09/24/2010 1:37:41 PM PDT by Oldeconomybuyer
WASHINGTON – Representative Barney Frank was bullish on the economy this morning, saying it was ready "to take off” and would turn the political fortunes of the Democrats around by 2012.
“I believe the economy is, frankly, in a position to take off.,” Frank, the chairman of the Financial Services Committee, said during a breakfast hosted by the Christian Science Monitor.
During the wide-ranging discussion, Frank touted the financial reform bill that he shepherded through earlier this year, called outgoing Obama administration economic adviser Larry Summers “a great asset.”
Frank said the economy is poised to recover, although perhaps not quick enough to avert Democratic losses in congressional races this year.
“Things have gotten better. They haven’t gotten better fast enough,” Frank said. “The biggest mistake the administration made was the prediction that if the stimulus bill passed, unemployment would drop below 9 percent. There was no reason to say that. Why make the prediction?”
(Excerpt) Read more at boston.com ...
Happy days are here again
The skies above are clear again
So let’s sing a song of cheer again
Happy days are here again
Altogether shout it now
There’s no one who can doubt it now
So let’s tell the world about it now
Happy days are here again
Your cares and troubles are gone
There’ll be no more from now on
Happy days are here again
The skies above are clear again
So, Let’s sing a song of cheer again
Happy days are here again
LMAO, great picture!
Frank now thinks we are taking off... but all we are really doing is falling.
Inflation and gold are ready to take off.
He’s right. There’s a lot of stored energy in the economy, if the government would get out of the way.
The Economy is ready to take off ... AND CRASH, you lying thieving #@$*#%&#*@&$!!!!!
Tar and feathers would be TOO GOOD FOR YOU.
The way I remember it, the promise was that unemployment would not rise above 8 percent.
He fails to understand that not everyone has the option of working nights in bus station mens' rooms.
If the economy takes off, the emergency crash system should be alerted because there isn’t enough gas to get very far.
Yeah, that’s right, they are going to talk us into believing it.
Well except for ‘green shoots’ and Recovery summer...
Remember in November.
folk off you ugly old pervert, who gives a rat’s axe what you think
Barney you numbnut...
If the houses below are getting bigger and you can’t control the airplane, you aren’t taking off, you’re crashing!
What about when he said it wouldn’t go above eight percent to begin with? Barney is having fun with the facts again.
Clearly a misquote. What Barney REALLY said is that Larry Summers “has a great ass”. Barney’s a bit of a chubby-chaser.
Investors know this. It has ZERO to do with the finance bill or anything the Dems have done. If people didn't think the Repubs were going to increse their numbers the DOW would be creeping down to 9,000 and below right now.
“ready “to take off””
Frank is obviously confusing the economy with his anticipation of a Viagra fueled weekend with his boyfriend.
He knows that republicans will take Congress and they can spend the next 2 years blaming the effects of the past 4 years of Congress on the new republicans... and win big as a result in 2012.
Is that like being “blown away”?
...any day now...
...still waiting....
....How soon is now?
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