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 ...
Bwany must have gotten a new sex toy.
He may be right: I really think the economy WILL pick up on the news of a REPUBLICAN congress.
Seriously. Look at how jobs tanked when everyone figured out in 2008 that Hussein would be elected. Go look—the numbers are astoundingly high, peaking at the month of his inauguration. Those high numbers were not due to Bush, they were due to businesses being nervous about an all-Democrat federal government.
And they were right.
Now, things may get better because some reins (they think) will be applied to Hussein’s runaway fascist socialism.
This guy has to be sucking on something....
“This guy has to be sucking on something....”
You might say he’s a cock-sure kinda guy?
The Banking Queen woke with something in his hand this morning. “Billy Red Palm and His Five Brothers’’. Might explain Bawney Fwanks excitement today.
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