In the debate between those who believe in essentially unregulated markets and others who hold that reasonable regulation diminishes market excesses without inhibiting their basic function, the subprime situation unfortunately provides ammunition for the latter view.
BARNEY FRANKNATO was a wonderful idea. It was formed in 1949. We are as far away from NATO as NATO was when it was done in time from the presidency of Grover Cleveland.
More Barney Frank Quotes
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Increasing inequality in income distribution in this country has broader policy implications, and there is also the growing problem of perverse incentives that result from executives receiving grossly disproportionate compensation based on decisions they themselves take.
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I hope we will not so characterize religious people as being so narrow and so biased towards people not of their own religion that they cannot even work with them in this common cause to which you say they are committed.
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But when others suggested that the poor should not simply be the objects of these programs but also the subjects – that they should be actively involved in shaping the programs, making decisions about how to spend the money etc. – some of the previous supporters reconsidered.
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But it is also clear that left entirely untouched by public policy, the capitalist system will produce more inequality than is socially healthy or than is necessary for maximum efficiency.
BARNEY FRANK -
I think there was an absolute, deep gap between consensual relations between adults, which people may like or dislike, and people who physically impose themselves on children or misuse their authority to impose on children.
BARNEY FRANK -
I believe it is a good thing to get rid of Gaddafi. But does America have to do everything?
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Bush senior used to say that we have more will than wallet. So he urged the country to attack poverty with a thousand points of light, none of which could be eaten.
BARNEY FRANK -
Ronald Reagan got a lot of democrats. I wish he hadn`t. I got to Congress with Reagan coming to the Whitehouse. The Reagan Program, a very radical one, a very drastic one passed because he had a lot of democrats. He worked at it personally and also because Reagan retained a popularity.
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I’m used to being in the minority. I’m a left-handed, gay Jew. I’ve never felt, automatically, a member of any majority.
BARNEY FRANK -
The best humor is offered up to you by the stupidity of your opponents.
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Nothing in the world is as mobile as capital. It can move anywhere in the world instantaneously.
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It seems to me that politicians ought to use the same words as other people.
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I think there were two criticisms you can make of Donald Trump’s involvement in the Health Care Bill. First of all, there were times when he wasn’t being helpful. Secondly, there were times when he was trying to be helpful. I’m not sure which one did more damage.
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For many of those who had historically supported welfare programs in the broadest sense, it was perfectly reasonable to enact legislation in which poor people were the objects of efforts to assist them.
BARNEY FRANK -
Lawyers are very, very good at keeping you out of prison, but they will sacrifice your reputation and credibility to do so.
BARNEY FRANK