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27 Jun 2010 12:23

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Politics: The financial reform bill a framework for many, many rules

Barney Frank, pictured, and Chris Dodd, the main architects of the reform bill, designed it so that the rules could come along – and be influenced – later. source
Posted by Ernie Smith • 0 Comments • Permalink

21 Mar 2010 11:23

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Politics: Racism and rage: Did the Tea Party severely hurt their movement?

  • So I’m having a hard time tonight trying to believe almost uniformly white tea partiers are anything other than a racist, right-wing reaction to the election of an African American president who brings with him feminists and gays (even if he doesn’t do as much for them as they would ideally like).
  • Salon writer Joan Walsh • Regarding yesterday’s heated health care situation, where some awful Tea Party precedents hit their ugly head. First, Rep. John Lewis, a civil-rights hero, was called the N-word (which she repeated but we won’t) at least fifteen times. Second, fellow Congressional Black Caucus leader Rep. Emanuel Cleaver was spat on by a tea partier. Third, popular gay Rep. Barney Frank was called a “homo” and F-word (not that one, the other one) by the same folks. Finally, Rep. Louise Slaughter had a brick thrown through her congressional office in Niagra Falls. Dissent is one thing, but holy crap dudes. What does health care have to do with this? You did a lot to set your cause back yesterday. source
Posted by Ernie Smith • 0 Comments • Permalink

19 Aug 2009 10:09

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Politics: Thank you, Barney Frank: The greatest Town Hall video of all time

  • Barney Frank is too smart to get taken down by this questioner who tries to compare Obama to the Nazis. So instead he comes up with some of the best one liners we’ve ever heard. Talking to you is like talking to a dining room table. source
Posted by Ernie Smith • 0 Comments • Permalink

26 Mar 2009 10:56

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Biz, U.S.: Timothy Geithner wants to add more financial industry oversight

  • Our system failed in basic fundamental ways. The system proved too unstable and fragile, subject to significant crises every few years, periodic booms in real estate markets and in credit, followed by busts and contraction.
  • Treasury secretary Timothy Geithner • In testimony to the House Financial Services Committee (which is headed by awesome guy Barney Frank). He wants to fix the broken system. Hey, if he pulls it off, maybe people won’t hate him anymore. • source
Posted by Ernie Smith • 0 Comments • Permalink

15 Mar 2009 11:05

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Biz, U.S.: Rep. Barney Frank wants to try to take back the AIG bonuses

  • Good for him! He’s a cool guy. Frank, a Democrat, said he’ll look into taking the roughly $1 billion in bonuses, which the company says it’s legally obligated to give out, away from the company. “We need to find out whether these bonuses are legally recoverable,” Frank said. AIG Financial Products is receiving half of the bonuses – they’re the part of the company that made the credit default swaps that screwed up the economy. source
Posted by Ernie Smith • 0 Comments • Permalink
 
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