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Barny Frank To Announce Retirement

Jim Burroway

November 28th, 2011

The following release was sent from Barny Frank’s (D-MA) office moments ago:

Congressman Barney Frank of Massachusetts 4th Congressional District, Ranking Member of the House of the House Financial Services Committee, will hold a press conference in Newton, MA today to formally announce and answer questions about his decision not to run for re-election in 2012.
 
The press conference will be held at Newton City Hall at 1:00 pm in the auditorium.

Frank, 71, has been serving in the U.S. House of Representatives since 1981.

Comments

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MattNYC
November 28th, 2011 | LINK

As I wrote earlier, maybe he’ll join HRC. Although he has promised not to become a lobbyist right out of Congress.

Charles
November 29th, 2011 | LINK

Glad to see him go. His failure to take any responsibility for the mess by Fannie and Freddie ………. and the resulting Great Recession insult my intelligence.

Jim Burroway
November 29th, 2011 | LINK

Ah yes. Republicans eliminated the firewall between investment banking and mortgage banking and regulators turned a blind eye to the burgeoning problem with credit default swaps, but the credit lockup and mortgage meltdown is all Barney’s fault. Puhleese. You really should stop watching Fox News.

Charles
November 30th, 2011 | LINK

Hello

Charles
November 30th, 2011 | LINK

Hello, hello……….

Charles
November 30th, 2011 | LINK

Sure Jim, Democrats and especially Barney Frank are totally blameless for the financial mess that we currently find ourselves. Of course everyone should own a house even if they can’t afford one.

The fact is that both Republicans and Democrats are to blame for our current financial mess, the “Great Recession”. The fact that Mr. Frank won’t take any blame insults my intelligence. I loved the 60 Minutes segment shown a couple of weeks ago that informed the public that members of Congress are exempt from insider trading laws. Just call me an old cynic when it comes to money and power. Now what does Fox News have to do with any of this?

Timothy Kincaid
December 1st, 2011 | LINK

Barney Frank was on the House Banking Committee, under which Fannie May was directed. His ex, Herb Moses, was an executive for Fannie May.

If Barney Frank treated his relationship as though it bound him to all of the same rules as a heterosexual relationship, this would have been considered a conflict, some resolution would have been determined, and now there would be no question of abuse.

But that might have require that Frank shift to another committee or that his power on the committee be curtailed. So Frank put his own power over any sense of decency and used homophobia to advance his career and that of his partner. He wanted to have his cake (complain about inequalities) while eating it too (taking advantage of those inequalities).

I don’t consider that a principled response. I don’t consider Barney Frank a principled man.

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