Thread: Rep. Barney Frank will not seek reelection

Why is Rep. Barney Frank retiring?

Rep. Barney Frank (D) of Massachusetts, who has served for 16 terms, will not seek reelection. Here are three reasons he might have made that decision.

By Peter Grier, Staff writer / November 28, 2011

Rep. Barney Frank isn’t going to run for reelection. The Massachusetts Democrat with the acidic wit is calling it quits after 16 terms of sparring with Republicans, reporters, various administration officials, witnesses at hearings who displeased him, and even constituents who disagreed with him in public.

“Barney Frank will not seek reelection. Congress just got a little bit dumber, and a whole lot duller,â€

IMO Porky aka Barney should be in jail.

There is a God

Careful he may not be on our side!!!! Read this article!!!!!

Originally Posted by agrneydgrl

There is a God

Maxine Waters in line to take over from Frank on Financial Services
By Peter Schroeder - 11/28/11 12:29 PM ET

Wall Street executives are bracing for the possibility that Rep. Maxine Waters (D-Calif.) will take over as the senior Democrat on the House Financial Services Committee after Rep. Barney Frank (D-Mass.) retires.

Waters is in line for Frank’s spot and could become chairwoman of the panel if Democrats retake the House. Frank announced Monday that he will not seek another term in the House.

The California liberal is considered left of Frank, an architect of 2010’s Wall Street reform bill, on financial issues.

While banks and other financial institutions often battled Frank, he was seen as someone they could work with. Wall Street views Waters as more of an opponent.

“She's not a good face of the issues,â€

Related Thread here
Announced- Rep. Barney Frank won't seek re-election

http://www.alipac.us/ftopict-256298-barney.html+frank

Maxine Waters=another insider crook.

Networks Trumpet Barney Frank's Legacy, Ignore Role in Housing Crisis
By: Brent Baker
Tuesday, November 29, 2011 7:56 AM EST


“The first line in Barney Frank’s political epitaph,â€

CNN Eulogizes 'Titan' Barney Frank
By: Matt Hadro
Monday, November 28, 2011 3:48 PM EST


Reporting on Monday morning that Congressman Barney Frank (D-Mass.) was not seeking re-election, CNN's political team whitewashed his controversial tenure in office with some fond words like "titan," "larger-than-life," and "teacher at heart."

CNN's Joe Johns lauded Frank's skills as a teacher -- especially as the first openly-gay congressman. "He's taught this country so much about the gay community in the United States and what it means to be an openly gay member of Congress. A leader, in fact, on Capitol Hill," Johns gushed.

Political editor Mark Preston praised Frank as a "titan" of financial sector matters in Congress while saying nothing of the failure of Fannie Mae and Freddie Mac under his oversight. While noting that Frank was tough to deal with, Preston added that he was "one of the best debaters in Congress" and "always the smartest person in the room."

During the 11 a.m. hour, anchor Suzanne Malveaux termed the congressman as a "larger-than-life political figure." Correspondent Joe Johns touted Frank's intelligence, saying he was "known by many many people as just about one of the smartest members of Congress on Capitol Hill."

At the end of the 12 p.m. hour, Johns continued his acclaimation of Frank as a "teacher at heart" who influenced people of both parties on Capitol Hill. "And the fact is that whenever you talk to Barney Frank, when you walk away, he may insult you, he may anger – he may make you feel proud depending on your political inclination, but he will leave you with the sense that you learned something from what he said," Johns hyped.

[Video below. Click here for audio.]


At the end of the 10 a.m. hour, Mark Preston did acknowledge that Frank was reprimanded by the House in 1990, but added some silver lining by framing the liberal Dodd-Frank regulations as a possible comeback of sorts for the congressman.

"You know, back in 1990 he was reprimanded by the House over allegations over his association with a male prostitute," Preston vaguely described Frank's charges. The congressman's real scandal was allegations of his knowledge of a prostitution service being run out of his Capitol Hill apartment.

"But just in the past couple of years, Barney Frank might have made the comeback, some would say, to push all those bad things aside, when he was the co-author of the Dodd-Frank financial regulation bill," Preston claimed.

The liberal bill also received commendation from Joe Johns, who called it "the kind of bill that people have talked about again and again and again, even the presidential candidates they've talked about."

CNN also made sure to report the influence Frank had in the progress of gay rights. Preston noted that the openly-gay Frank used his orientation as a "badge of honor," and "did a lot, actually, for the gay community."

A transcript of the segment, which aired on November 28 at 10:07 a.m. EST, is as follows:

MARK PRESTON, CNN senior political editor: But the fact of the matter is, he has been a titan when it comes to financial service issues on Capitol Hill. He was the chairman of the Financial Services Committee when Democrats held the majority, and he still has been a very strong voice for Democratic ideals and what have you on Capitol Hill. But he did have controversy as well. He was considered to be one of the best debaters in Congress. You did not want to get on the floor with him, Kyra, and get into an argument with him.

(...)

PRESTON: But I have to tell you, Barney Frank was one of these people who was always the smartest person in the room. And that was one of his strengths on Capitol Hill....Now what's interesting about Barney Frank is that back in 1987 he came out and he acknowledged that he was gay, which was a big deal at the time. And he went on to wear this as a badge of honor on his sleeve, and probably helped many other folks who were in the closet and didn't want to talk about their sexuality to come out. So Barney Frank has done a lot to promote Democratic ideals, but he also did a lot, actually, for the gay community, Kyra.


http://www.mrc.org/biasalert/2011/20111128045254.aspx

Lame-duck Barney Frank joins effort to repeal Obamacare ‘death panels’
Published: 12:20 PM 11/29/2011 | Updated: 12:19 AM 11/30/2011

Massachusetts Democratic Rep. Barney Frank announced on Tuesday his support for the repeal of the Independent Payment Advisory Board, a significant portion of President Obama’s health care overhaul.

Frank, who announced Monday that he would retire at the end of his current term in office, became the 12th Democrat, and the 212th member of the House, to co-sponsor Tennessee Republican Rep. Phil Roe’s bill aimed at repealing the IPAB.

Frank is the most prominent Democrat to join Roe’s bipartisan repeal effort.

IPAB is a 15-member board, appointed by the president, scheduled to convene in 2014. In order to reduce per capita Medicare spending, the board will recommend levels at which Medicare recipients, including seniors, can be reimbursed for health care expenses.

In March, Roe told The Daily Caller the IPAB is the “real death panelâ€

Barney Frank's Parting Shot?

Nov 30, 2011

- 3:22 -


http://video.foxnews.com/v/130199492100 ... t_id=86858