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Old 04-05-2015, 04:59 PM
 
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I just heard Barney Frank mention on Rachel Maddow that he may run for president. Would you vote for him over Hillary Clinton?

All I know is he talks a lot like Elizabeth Warren, who I wish would run. But as for myself, I would vote for Barney Frank.
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Old 04-05-2015, 05:05 PM
 
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Especially since he had a no small part in our financial mess, not a chance.
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Old 04-05-2015, 05:40 PM
 
Location: Old Bellevue, WA
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Barney is 75. Maybe angling for a payoff from the Clinton Empire in order not to run?

I'm sure Hillary wants to use gay rights heavily as a wedge issue (and a distraction from economics and foreign policy), and if Barney runs it would be disruptive to that. Especially since Hillary only recently came out in favor of gay marriage (2013, IIRC). Before that she was opposed.
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Old 04-05-2015, 06:10 PM
 
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He should run, only to hammer her in debates.
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Old 04-06-2015, 06:56 AM
 
Location: Old Mother Idaho
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Frank is not going to run. While I didn't see the interview, I suspect he was either just gaming Maddow a little, just for the hell of it, or he may have not said what he intended to say. A slip of the lip.

I recently saw another interview with him; he's on a book tour right now, after just finishing his autobiography, and he seems quite happy to have left politics after a 30+ year career in Washington. There always comes a time to hang it up, and Frank has done so.

I don't think he could have ever won the Presidency, but I miss the color he brought to the House. I think we need a lot less herd mentality there these days, and more Representatives who will speak out against their own as much as the other side.
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Old 04-06-2015, 07:18 AM
 
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"There is small choice in rotten apples". Bill S.
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Old 04-06-2015, 12:44 PM
 
Location: The Republic of Texas
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Quote:
Originally Posted by Mattie Jo View Post
I just heard Barney Frank mention on Rachel Maddow that he may run for president. Would you vote for him over Hillary Clinton?

All I know is he talks a lot like Elizabeth Warren, who I wish would run. But as for myself, I would vote for Barney Frank.

The same Barney Frank, that was the head of the housing committee, when from 2001-the crash of 2008, was warned of the upcoming crash, said there is nothing to worry about. The republicans are just trying to scare you.
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Old 04-06-2015, 02:45 PM
 
Location: MPLS
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Quote:
Originally Posted by BentBow View Post
"The same Barney Frank, that was the head of the housing committee, when from 2001-the crash of 2008"
I think you're thinking of the Banking and Financial Services Committee -- which Frank assumed the chairmanship of in 2007 (too late to deflate the housing bubble). Frank may not have been prescient, but Republicans greatly exaggerate his role in the subsequent crash (minority members of a House committee, as Frank was from January '95 until January '07, have very little power).
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Old 04-06-2015, 05:03 PM
 
Location: Old Bellevue, WA
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Quote:
Originally Posted by drishmael View Post
I think you're thinking of the Banking and Financial Services Committee -- which Frank assumed the chairmanship of in 2007 (too late to deflate the housing bubble). Frank may not have been prescient, but Republicans greatly exaggerate his role in the subsequent crash (minority members of a House committee, as Frank was from January '95 until January '07, have very little power).
But not zero power. Barney Frank was a staunch defender of Fannie Mae at a time when there were efforts to reform it. The efforts were turned back, and Barney Frank's side won:

Quote:
Originally Posted by Morganson
Whenever concerns were raised about Fannie growing too large and potentially perilous to the taxpayers, Frank would defend the company vociferously. During a House Financial Services hearing in 2003, Frank and the company's other favored members of Congress maintained that the company and Freddie Mac presented no potential harm to taxpayers.
(from Reckless Endangerment by NYT business reporter Gretchen Morganson, p 71).

Of course taxpayers wound up with a $317 billion bill for the bailout of Fannie and Freddie
True Cost of Fannie, Freddie Bailouts: $317 Billion, CBO Says | CNS News

In fairness some of that has already been paid back.
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Old 04-06-2015, 06:05 PM
 
Location: The Republic of Texas
78,866 posts, read 46,333,199 times
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Quote:
Originally Posted by drishmael View Post
I think you're thinking of the Banking and Financial Services Committee -- which Frank assumed the chairmanship of in 2007 (too late to deflate the housing bubble). Frank may not have been prescient, but Republicans greatly exaggerate his role in the subsequent crash (minority members of a House committee, as Frank was from January '95 until January '07, have very little power).
I meant House Committee, as I was thinking about the housing loan crisis.



https://www.youtube.com/watch?v=6coIcgdgF5U
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