Barney Frank | InvestmentWatch

BARNEY FRANK: ‘No tax cut would have helped us deal with this’…

Barney Frank discussing the Boston marathon bombing on CNN this morning:

http://www.weeklystandard.com/blogs/barney-frank-no-tax-cut-would-have-helped-us-deal_717921.html

Reps. Ron Paul, Barney Frank Ask Obama To Respect Pot Legalization Laws

Reps. Ron Paul (R-Texas) and Barney Frank (D-Mass.) are asking the White House to respect the voters of Colorado and Washington, who decided that recreational marijuana use should be legal.

In a letter sent to President Obama, they wrote:

“We have sponsored legislation at the federal level to remove criminal penalties for the use of marijuana because of our belief in individual freedom. We recognize that this has not yet become national [...]

Bernanke Wrote Thank You Letters to Audit the Fed Opponents

Politico: If you have the Federal Reserve’s back, there’s a good chance Ben Bernanke will notice. He may even send you a thank you note.

In July, the Fed chairman sent letters of gratitude to five Democratic members of Congress after they delivered speeches on the House floor urging fellow lawmakers to reject the “Audit the Fed” bill authored by retiring Texas Republican Ron Paul, the central bank’s chief antagonist. Their efforts [...]

BARNEY FRANK: Pot brownie ‘made me sleepy’

Retiring Rep. Barney Frank (D-Mass.) said he once tried a pot-infused brownie — and it made him sleepy.

Frank is an advocate of legalizing and taxing marijuana, but he said Wednesday night that he does not regularly use the illegal drug.

“No, I don’t,” Frank told CNN when asked if he smoked marijuana. “I smoke a cigar or two a day. I did have a brownie once. It made me sleepy.”

http://thehill.com/video/house/258901-barney-frank-pot-brownie-made-me-sleepy

Camelot, The Next Generation: RFK’s grandson wins congressional primary as America’s first family continues to dominate politics

Joseph Kennedy III, the first of his famous political family’s generation to seek elective office, has defeated two little-known Democrats in Thursday’s primary in Massachusetts’ 4th Congressional District.

Kennedy, 31, will face Republican Sean Bielat or Elizabeth Childs in the November election for the seat currently held by longtime liberal Democratic Rep. Barney Frank.

Kennedy is the son of Joseph P. Kennedy II, who represented the state’s 8th Congressional District for six [...]

Rep Barney Frank: Congress “can’t write laws” to stop errors like Knight Capital

Rep. Barney Frank, D-Mass., spoke to Bloomberg TV’s Stephanie Ruhle and Eric Schatzker this morning, saying that Congress “can’t write laws” to prevent technical errors like what happened with Knight Capital yesterday. Frank also said that while he hasn’t yet followed the news of Knight Capital, he believes Dodd-Frank would have prevented JP Morgan’s CIO unit losses.

BLOOMBERG TELEVISION

Frank on whether investors should still have confidence in the U.S. financial system [...]

Bernanke Tells Barney Frank: “I Keep A Collection Of Editorials From My Critics’

Daily Bail
July 19, 2012

Wow. Don’t skip this short excerpt. The ghost of Hayek jacked the video to begin playing as the congressional party begins with the Massachusetts advocate for continuous printing and dollar destruction tossing a gigantic HP Perma-Print cartridge to the former Princeton professor and current president of the Rockville chapter of the Maryland Botanical Society.

Reps. Ron Paul, Barney Frank join forces to back bipartisan medical marijuana bill – H.R. 6134

The Hill A bipartisan group of House members has proposed legislation that would make it easier for people to defend themselves in federal cases for possessing marijuana, if they can show that they are using marijuana for medicalpurposes in line with relevant state laws.

The Truth in Trials Act, H.R. 6134, was introduced Tuesday by Rep. Sam Farr (D-Calif.), along with an eclectic mix of 15 House Democrats such as Rep. Barney Frank (D-Mass.), and three Republicans, [...]

BARNEY FRANK: GOP mostly ignored my wedding

Newlywed Barney Frank stopped by ”The Bill Press Show” on Tuesday and discussed marrying his longtime partner, Jim Ready, over the weekend

Asked how fellow pols have reacted, the congressman said, “Mostly, the Republicans have ignored it. There have been no negative comments and I think a few years ago, there would have been. The climate is changing and opponents have realized that the country is moving beyond them. A couple of Republicans [...]

Barney Frank weds longtime partner; first congressman in same-sex marriage

BOSTON – Democratic Rep. Barney Frank wed his longtime partner, James Ready, on Saturday, becoming the first sitting congressman to enter into a same-sex marriage.

Massachusetts Gov. Deval Patrick officiated the ceremony and added some levity by saying Frank, 72, and Ready, 42, had vowed to love each other through Democratic and Republican administrations alike, and even through appearances on Fox News, according to Al Green, a Democratic congressman from Texas.

“Barney [...]

Barney Frank Didn’t Invite Obama To His Wedding

Barney Frank got married to his long-term partner Jim Ready in Newton, Massachusetts yesterday.

The New York Times’ Mike Grynbaum was there and got plenty of great details about the couple’s history and the details of the ceremony. We especially like the vows:

…Mr. Frank and Mr. Ready pledged to love each other “on MSNBC or on Fox” and “in Congress or in retirement,” a reference to Mr. Frank’s decision not to seek another term.

However, [...]

Barney Frank shocks graduation ceremony by telling black student: ‘You can wear this hoodie and no one will shoot at you’

Audiences at a graduation ceremony were left aghast when Congressman Barney Frank told a black degree recipient that his graduation gown finally gave him a hoodie that he could wear ‘and no one will shoot at you’.

The Democrat made the controversial remarks while speaking at the University of Massachusetts Dartmouth graduation on Sunday.

Frank was one of two people to receive the Chancellor’s Distinguished Service Medal at the event.

Scroll down for video

Shock: While [...]

FRANK TO HARVARD GRADS: ‘You Can Call Me A F*g’ — Unless ‘You’re In The Banking Industry’

While speaking to Harvard Graduates this week Barney Frank took time to hammer a woman who challenged him at a town hall two years ago over his ideology. He then went on to explain that legislation he was promoting would not prevent pastors from speaking their views at the pulpit. “You can still call me a fag,” Frank said and cited that at the time he was chair of the [...]

Jamie you weren’t wrong your actions are deliberate, you run a reprehensible business without morals and you lobby to keep it that way.

Senator Carl Levin, chairman of the Permanent Subcommittee on Investigations and co-author of the so-called Volcker rule, said the New York-based bank’s disclosure is a “stark reminder” to regulators drafting the proprietary-trading banrequired by the Dodd-Frank Act.

“Regulators are under huge pressure by Wall Street and others to weaken the clear language in Dodd-Frank,” Levin, a Michigan Democrat, said today in a Bloomberg Television interview. JPMorgan’s trade is “clearly not permitted [...]

Watch Ron Paul Hearing On “Legislation To Reform Fed And Other Alternatives”

We skipped the first part of today’s hearing by the Ron Paul-chaired Domestic Monetary Policy and Technology Subcommittee titled “Improving the Federal Reserve System: Examining Legislation to Reform the Fed and Other Alternatives” as one of the two panelists was Barney Frank, which immediately meant it would be a complete and utter waste of time, and everyone would walk away far dumber from it, with god likely not having mercy [...]

PUSHING ON A STRING…

Relishes loose shoes, baggy pants, a tight pussy and a warm place to shit

…that’s the kind of economy we have today. We can spend trillions of dollars and go deep into hock, we can have dozens of jobs programs an d debt forgiveness, we can have 0% interest rates, we can have dozens of new welfare, entitlement and redistribution programs and we can flood the financial system with massive liquidity [...]

Ron Paul – One of the Time’s 100 Most Influential People in the World

He’s definitely more influential than Time Magazine:

Why does Congressman Ron Paul draw such large and enthusiastic audiences even though he has no chance of winning the Republican nomination? Because people like a politician without marbles in his mouth.

Paul does not censor himself. He comes across as sincere, earnest and independent of his party’s fat cats. In the debates, only he called out the American Empire’s meddling in the business of [...]

Barney Frank: Obama Made ‘Mistake’ With Healthcare Push

Rep. Barney Frank, D-Mass., said he advised President Obama against taking up health care reform following a special election in 2010 that changed Democrats’ fortunes in the Senate, saying that he should have instead turned his focus to financial reform.

Frank referenced former President Bill Clinton and his failed health care plan from the 1990s. “Obama made the same mistake Clinton made,” Frank said in a wide-ranging interview with New York magazine. “When [...]

Barney Frank attacks ‘stupid’ Allen West for claiming 80 House democrats are COMMUNISTS

Barney Frank has slammed fellow congressman Allen West, after the republican representative accused 78-plus House Democrats of being communists.

Addressing a town-hall meeting in Florida, West said ‘there’s about 78 to 81 members of the Democratic Party that are members of the Communist Party’. He did not provide names.

But Frank, who is retiring this year after 16 terms, lashed out at the freshman lawmaker in a statement today, calling West’s remarks [...]

What Is Capitalism?

On a day when the sad reality of our (AAPL-free) centrally-planned economy came a little unhinged, it is perhaps useful to reflect on just how different our ‘capitalism’ in the US now is from other ‘capitalist’ societies and the one we had in the 1900s. Robert Murphy (of The Politically Incorrect Guide To Capitalism book fame) explains how everyone has an agenda – yet everyone agrees that they despise capitalism. Capitalism is [...]

Bloomberg: Bank Lobby’s Onslaught Shifts Debate on Volcker Rule

Bank Lobby’s Onslaught Shifts Debate on Volcker Rule

By Robert Schmidt and Phil Mattingly

The fight over the Volcker rule is shifting in Wall Street’s favor.

After a four-month lobbying blitz led by firms including Goldman Sachs Group Inc. (GS),JPMorgan Chase & Co. (JPM) and Credit Suisse Group AG (CSGN), U.S. regulators and lawmakers are signaling they’re receptive to delaying and revising their plan to stop banks from making speculative trades on their own accounts.

Representative Barney [...]

FLASH: HOUSE BANS BARNEY FRANK FROM SPEAKING FOR DAY

Rep. Barney Frank, D-Mass., received a day-long ban from speaking on the House floor today, and the comments he had made were removed from the record, after he violated House rules with a personal attack on Rep. Jeb Hensarling, R-Texas.

“I have never seen truth stood on its head more rapidly than my colleague from Texas [just did],” Frank said today after Hensarling spoke on the House Floor. “For the gentleman from Texas [...]

Joe Kennedy III announces run for Barney Frank’s seat

The Kennedys are officially back into the family business.

Joseph Kennedy III, a scion of the famous political family, announced Thursday that will run for the Massachusetts House seat being vacated by Rep. Barney Frank (D).

“Congressman Frank has done so much for Massachusetts and America during his service in Congress and he leaves very big shoes to fill,” Kennedy said in his announcement video for the 4th district. “I believe this country was [...]

Another Kennedy set to run for Congress

NEW YORK — Joseph P. Kennedy III, a 31-year-old Massachusetts prosecutor, will run for Congress this year in a bid to resurrect the dynasty of America’s most famous political family, reports said Thursday.

Kennedy is in the final stages of preparing a Congressional run, with hopes to succeed retiring Democratic Representative Barney Frank, the Boston Globe and Rhode Island Public Radio reported, quoting family and Democratic sources.

Should Kennedy win a seat [...]

Barney Frank wears revealing shirt on House floor

Outgoing Rep. Barney Frank (D-Mass.) was on the House floor late Monday afternoon wearing a t-shirt and a sling due to a recent operation on his thumb.

Frank was wearing a revealing shirt, one which you could see through that exposed what his bare chest looks like.

The outgoing congressman said his recent attire was due to surgery he had on a ligament in his thumb. – RCP

Pelosi plans to reveal information about Gingrich ‘when the time is right’

The Hill

Pelosi plans to reveal information about Gingrich ‘when the time is right’ By Alicia M. Cohn – 12/05/11 11:44 AM ET

House Minority Leader Nancy Pelosi (D-Calif.) is holding back some information on Republican Newt Gingrich that could detract from his presidential campaign, according to a report published Monday.

“One of these days we’ll have a conversation about Newt Gingrich,” Pelosi told Talking Points Memo. “When the time is right. … [...]

MUST SEE – Bernanke’s Stealth Bailout For Wall Street Kept Secret From Congress

Daily Bail
December 4, 2011

The comments from Barney Frank and Judd Gregg are telling. Bernanke runs his own private dictatorship. You’ll be glad to know that Fear Mongering 101 is alive and well, and has not been removed from the Winter Term Selection Guide at your local university.

–

Nov. 28 (Bloomberg) — Bloomberg Markets magazine’s January issue examines how the Federal Reserve and big banks fought for more than two years to [...]

Massachusetts Congressman Barney Frank will announce he does not intend to seek re-election in 2012 – PoliticalTicker

(CNN) – Massachusetts Congressman Barney Frank, a 16-term Democrat, will announce Monday he does not intend to seek re-election in 2012, according to a statement from Frank’s office.

Kerry,Delegation Urge Disaster Relief for Massachusetts Fishermen

For Immediate Release: Thursday, November 17, 2011

BOSTON – Senators John Kerry and Scott Brown, along with Congressmen Barney Frank, John Tierney, and William Keating, today urged U.S. Secretary of Commerce John Bryson to issue an economic disaster declaration for Massachusetts fishermen.

In a letter supporting Governor Deval Patrick’s request this week for $21 million in disaster assistance for fishing communities negatively impacted by the federal “catch shares” program, the Massachusetts delegation members wrote, “We [...]

Fisher Says Central Bank Is Under Attack From Paul, Frank

Sept. 27 (Bloomberg) — Federal Reserve Bank of Dallas President Richard Fisher said the central bank’s independence is under attack from both ends of the political spectrum in Congress, and he singled out two of the critics by name.

“We are being attacked from the right and from the left, and I don’t see much difference between a certain congressman from Texas named Ron Paul and [...]

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