Quote of the day: Barney Frank vs. Ralph Nader
“Ralph gets to luxuriate in the purity of his irrelevance.” – Barney Frank responding to Nader’s critique of his bank regulatory reform bill, on “The Ed Show,” October 26th.
Obama administration, Barney Frank target ‘too big to fail’
Perhaps realizing that the right is going to accuse him of being an anti-capitalist ogre anyway, President Obama appears finally to be prepared to take on the wizards of Wall Street (with a member of Congress, in this case Barney Frank, running point, of course…) From the New York Times this morning:
A senior administration official said on Sunday that after extensive consultations with Treasury Department officials, Representative Barney Frank, the chairman of the House Financial Services Committee, would introduce legislation as early as this week. The measure would make it easier for the government to seize control of troubled financial institutions, throw out management, wipe out the shareholders and change the terms of existing loans held by the institution. Read more
Barney Frank vs. the dining room table
Proving again that the two most macho Democrats in Washington are Nancy Pelosi and the star of the video below: Barney Frank, who demonstrates how to handle a town hall nutter. Watch and learn:
Get em, Barney.
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