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POPSBarney Frank Wants to Abolish His Fannie and Freddie Past Mistakes No worries, Mr. Frank. We believed you then, and we believe you now. Really. Even a common citizen of America with no formal training or schooling in Economics can tell you that you have brought this upon yourself, and worse yet, upon America. For Barney Frank to now come forth and propose a “new system”, is simply putting a 24-carat gold covering onto a old banana peel. Sure, it may look nice, but it’s still rotten on the inside. Beware, America, of any Democrat who feigns concern for America’s bruised economy when that particular Democrat can be found at its genesis. Barney Frank and his desire to make sure all Americans can achieve the American Dream of home ownership, has only become America’s nightmare. http://www.rightpundits.com/?p=5363
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POPS Capitol Exodus Democrats Retiring: Dan Boren (D-Okla.) Dennis Cardoza (D-Calif.) Jerry Costello (D-Ill.) Barney Frank (D-Mass.) Charlie Gonzalez (D-Texas) Dale Kildee (D-Mich.) John Olver (D-Mass.) Mike Ross (D-Ark.) Lynn Woolsey (D-Calif.) Democrats running for other office: Bob Filner (D-Calif.) Jay Inslee (D-Wash.) Democrats running for Senate: Tammy Baldwin (D-Wis.) Shelley Berkley (D-Nev.) Joe Donnelly (D-Ind.) Martin Heinrich (D-N.M.) Mazie Hirono (D-Hawaii) Christopher Murphy (D-Conn.) Republicans running for other office: Mike Pence (R-Ind.) Ron Paul (R-Texas)* Michele Bachmann (R-Minn.)* Republicans running for Senate: Denny Rehberg (R-Mont.) Jeff Flake (R-Ariz.) Todd Akin (R-Missouri) Connie Mack IV (R-Fla.) Rick Berg (R-N.D.) http://abcn.ws/sLKLU7
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POPSBarney Frank OUT... Maxine Waters Is Likely Successor ...
‘by the way I would like to be your Congressman for two years,’” Frank said at an afternoon news conference in Newton, Mass., in the district he’s represented since he was first elected in 1980. Reuters Rep. Barney Frank. From 2007 to 2011, as head of the financial services panel, Frank spearheaded the sweeping bank-reform legislation that is expected to be his most enduring legislative legacy. Frank first was elected in the district after the five-term incumbent in the seat, a Roman Catholic priest named Robert Drinan, stepped down from the position after the pontiff called for all priests to withdraw from electoral politics. Frank’s efforts to expand supervision of banks in the wake of the financial crisis of 2008 were backed enthusiastically by consumer groups and other Democratic institutions, while Republican critics derided the measures. “Because he’s such a colorful figure — smart, quick-witted, sharp-tongued — it is easy to focus on that public persona,"
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POPSREMEMBERING JANUARY 3, 2007..THE BEGINNING BANKING AND FINANCIAL SERVICES: thank you DEMOCRATS, especially Barney Frank for taking us from 13,000 DOW, 3.5 GDP, and 4.6% unemployment to "CRISIS"............. a must read...............at source.
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POPSSenate Democrats: Back to The Obama Monstrosity Deficit Spending! Democrats are contemplating a separate vote on extending unemployment benefits, which they do not plan to offset. This would put Republicans in the tough position of blocking popular benefits at a time when the unemployment rate is 9 percent. Unlike with the deficit-reduction supercommittee, failing to complete the December agenda will have immediate consequences. Families would see their tax bill increase by an average of $1,000; laid-off workers would lose unemployment benefits; doctors would see steep cuts in Medicare payments and corporations would see billions of dollars in tax breaks vanish. How much are these Christmas goodies going to cost? Extending unemployment benefits for one year will cost $44 billion, spread over two years. Patching the Alternative Minimum Tax to keep middle-class families from its snare will cost roughly $70 billion for one year. Saving doctors from scheduled cuts in Medicare payments for one year will cost $22 billion.
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