Little-Acorn
11-28-2011, 12:15 PM
Barney Frank (D-MA) has announced that he will not run for election in 2012. He seems to be getting out of town ahead of the posse, after winning his seat by slimmer and slimmer margins every two years. His major role in encouraging banks to give out mortgage loans to people unlikely to pay them back was one of the factors in causing the "housing crisis" and a major recession as those loans started to default in 2007-2009; and his role in the Dodd-Frank bill that paralyzed hiring during the same recession could be a significant reason he has decided to get out rather than be voted out next year.
He was known for a prostitution ring being run out of his house while he was a member of the House from Massachusetts. He always insisted that he knew nothing about it, and that it was his gay lover in his house, who did all that without Frank's knowledge or awareness. It was a claim similar to a man who brings female lovers into his bedroom every night, and his wife insisting she was unaware anything was going on.
The media never investigated any of the claims, and ran very few headlines, usually on back pages, unlike their treatment of Republicans who wished the wrong person Happy Birthday, used the term "macaca", or were accused without evidence or backup of sexually harassing others.
One more deluded, self-centered, lying liberal out. A LOT more to go.
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http://thehill.com/blogs/ballot-box/house-races/195579-rep-frank-wont-run-for-reelection
Rep. Frank won’t run for reelection
By Erik Wasson and Russell Berman - 11/28/11 09:54 AM ET
Rep. Barney Frank (D-Mass.) will announce Monday that he is not seeking re-election, ending a 32-year career in the House.
Frank, 71, is the top Democrat on the Financial Services Committee and the architect, with former Sen. Chris Dodd (D-Conn.), of the sweeping Wall Street regulatory reform law enacted in 2010.
He is scheduled to hold a press conference at 1 p.m. in his district, according to a spokesman, who said the congressman would announce at that time the reason for his decision. His retirement will deprive the House of one of its most colorful characters, a man known for his quick and often caustic wit.
Elected in 1980, Frank survived scandal early in his career and rose to become the nation’s most powerful openly-gay elected official. After coming out publicly, he became a champion for gay rights and helped campaign for an end to the military’s ban on gays serving openly, which ended this year.
His legislative legacy is likely to be the Dodd-Frank financial reform bill that passed in 2010 in the wake of the Wall Street meltdown that sent the economy into a tailspin in 2008. Hailed by the Obama administration, the law has drawn sharp criticism in the Republican presidential nomination fight, and one leading contender, former Speaker Newt Gingrich (R-Ga.), even suggested that Frank be jailed, along with Dodd, for their support of the mortgage giants Fannie Mae and Freddie Mac in the lead-up to the financial crisis.
He was known for a prostitution ring being run out of his house while he was a member of the House from Massachusetts. He always insisted that he knew nothing about it, and that it was his gay lover in his house, who did all that without Frank's knowledge or awareness. It was a claim similar to a man who brings female lovers into his bedroom every night, and his wife insisting she was unaware anything was going on.
The media never investigated any of the claims, and ran very few headlines, usually on back pages, unlike their treatment of Republicans who wished the wrong person Happy Birthday, used the term "macaca", or were accused without evidence or backup of sexually harassing others.
One more deluded, self-centered, lying liberal out. A LOT more to go.
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http://thehill.com/blogs/ballot-box/house-races/195579-rep-frank-wont-run-for-reelection
Rep. Frank won’t run for reelection
By Erik Wasson and Russell Berman - 11/28/11 09:54 AM ET
Rep. Barney Frank (D-Mass.) will announce Monday that he is not seeking re-election, ending a 32-year career in the House.
Frank, 71, is the top Democrat on the Financial Services Committee and the architect, with former Sen. Chris Dodd (D-Conn.), of the sweeping Wall Street regulatory reform law enacted in 2010.
He is scheduled to hold a press conference at 1 p.m. in his district, according to a spokesman, who said the congressman would announce at that time the reason for his decision. His retirement will deprive the House of one of its most colorful characters, a man known for his quick and often caustic wit.
Elected in 1980, Frank survived scandal early in his career and rose to become the nation’s most powerful openly-gay elected official. After coming out publicly, he became a champion for gay rights and helped campaign for an end to the military’s ban on gays serving openly, which ended this year.
His legislative legacy is likely to be the Dodd-Frank financial reform bill that passed in 2010 in the wake of the Wall Street meltdown that sent the economy into a tailspin in 2008. Hailed by the Obama administration, the law has drawn sharp criticism in the Republican presidential nomination fight, and one leading contender, former Speaker Newt Gingrich (R-Ga.), even suggested that Frank be jailed, along with Dodd, for their support of the mortgage giants Fannie Mae and Freddie Mac in the lead-up to the financial crisis.