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.
BARNEY FRANKToday, many people take for granted the notion that people whose lives are going to be very heavily affected by public policies should have a say in how they are formulated and carried out.
More Barney Frank Quotes
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I can tell you about health care and also about the financial reform bill. The Barack Obama, the President personally and his administration officials at his direction were very much involved.
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I have been mislabeled as a big advocate of low-income home ownership over rental.
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Capitalism works better from every perspective when the economic decision makers are forced to share power with those who will be affected by those decisions.
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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.
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I believe it is a good thing to get rid of Gaddafi. But does America have to do everything?
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There was a degree of interventionism in American foreign policy, the notion that we must be the superpower and we have to intervene everywhere, that I think makes no sense.
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I am not aware of any specific provision that mandates any tightening of lending to small business other than a requirement that people who lend and then sell that loan be prepared to take a part of the risk. And I’m proud of that.
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Martin Luther King said, and it is sadly still true, that one of the most segregated times in America is the hour of worship.
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I smoke a cigar or two a day. I did have a brownie once. It made me sleepy.
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The single most important thing you can do politically for gay rights is to come out. Not to write a letter to your congressman but to come out.
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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.
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But here too it should be noted that the President’s approach was to first ask the repressive and brutal Taliban to surrender Osama bin Laden to us, and only after that government refused to do that did we invade.
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The rights of the people who have done terrible things are hard to defend. You have to keep pointing out, the question is the process to determine whether they’ve done the terrible things.
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For most of my life, I have eaten to deal with stress.
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Excessive partisanship is the problem. There has never been a democracy in the history of the world in a polity of any size where you didn’t have political parties. Even sometimes over the objections of the people who started it.
BARNEY FRANK