These two entities—Fannie Mae and Freddie Mac—are not facing any kind of financial crisis.
BARNEY FRANK[Democrats] are trying on every front to increase the role of government.
More Barney Frank Quotes
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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.
BARNEY FRANK -
Let us not say that we will decide on a political basis at the national level that no State is competent to regulate the practice of medicine in that State if they decide to allow a doctor to prescribe marijuana, because that is what we are talking about.
BARNEY FRANK -
Most people who are activists and are concerned about issues get their information from sources which reinforce their opinions and give them the facts that they want to hear.
BARNEY FRANK -
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.
BARNEY FRANK -
And I think there is too much bloviating around from politicians.
BARNEY FRANK -
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.
BARNEY FRANK -
I should have voted for the first Iraq war. George Bush did that one very well. I had been skeptical. I was afraid that George Bush was going to treat the first Iraq war the way his son treated the second.
BARNEY FRANK -
The fact that theyre a congressionally chartered group should no more incline people to give to that group than the fact that its National Pickle Month should make them eat more pickles.
BARNEY FRANK -
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.
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 -
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 -
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 -
These two entities Fannie Mae and Freddie Mac are not facing any kind of financial crisis. The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.
BARNEY FRANK -
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 -
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