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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 Frank

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 FRANK

Country Decision Receiving
The issue is not that morals be applied to public policy, it’s that conservatives bring public policy to spheres of our lives where it should not enter.
BARNEY FRANK

Issues Moral Spheres
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

Effort People Programs Welfare
I do not think that any self-respecting radical in history would have considered advocating people’s rights to get married, join the Army, and earn a living as a terribly inspiring revolutionary platform.
BARNEY FRANK

Army Rights Thinking
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.
BARNEY FRANK

Decision Etc Poor Subject Sugegst
Lawyers are very, very good at keeping you out of prison, but they will sacrifice your reputation and credibility to do so.
BARNEY FRANK

Lawyer Reputation Sacrifice
There are no moderate Republicans left, with the exception of a few who would vote with us when it doesn’t make any difference,” Frank said. “It’s the most rigid ideological party since before the Civil War. … The bumper sticker I’m going to have printed up for Democrats this year is, ‘We’re not perfect, but they’re nuts.’
BARNEY FRANK

Party War Years
The problem with the war in Iraq is not so much the intelligence as the stupidity.
BARNEY FRANK

Country Stupidity War
What’s troubling is that the Republicans to defend Mr. DeLay are weakening the ethics process.
BARNEY FRANK

Delay Ethics Republican
Well, many of us believe that excessive media concentration is a subject that ought to be addressed, and it is, of course, the intention of the majority party not to allow that to be discussed.
BARNEY FRANK

Believe Media Party
When I was here there was still a requirement that students had to swim 50 yards to graduate…because Harry Elkins Widener had drowned with the sinking of the Titanic. And it made me very grateful at the time that he had not gone down in a plane crash.
BARNEY FRANK

Funny Graduation Grateful Swim
It is, of course, further indication that a fundamentalist right has really taken over much of the Republican Party, People might cite George Bush as proof that you can be totally impervious to the effects of Harvard and Yale education.
BARNEY FRANK

Party Taken Yale
If Bob Barr (conservative republican congressman from Georgia) caught on fire and I was holding a bucket of water, it would be great act of discipline to pour it on him. I would do it, but I’d hate myself in the morning.
BARNEY FRANK

Fire Hate Morning
A leader can`t move a country that`s not ready. You can`t make the waves, but when you see them coming, you can help direct them.
BARNEY FRANK

Country Leader Moving
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.
BARNEY FRANK

Firsts Government President
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

Country Light Senior

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.

Related Topics

Popular Authors

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.

Related Topics

Popular Authors

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