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 FRANKI am very proud of the role I played in getting legal equality for people who are lesbian, gay, bisexual and transgender, and in helping get rid of the prejudice by being visible about it, helping to block the conviction of Bill Clinton of impeachment.
More Barney Frank Quotes
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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.
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It is because the fight against the harshest aspects of unrestricted capitalism is therefore a political problem and not an intellectual one that community action remains so essential.
BARNEY FRANK -
[Democrats] are trying on every front to increase the role of government.
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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.
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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 -
There is a correlation between people who attack same-sex marriage and have difficulty maintaining their own.
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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.
BARNEY FRANK -
The best antidote to prejudice is reality.
BARNEY FRANK -
The left and the right live in parallel universes. The right listens to talk radio, the left’s on the Internet and they just reinforce one another. They have no sense of reality. I have now one ambition: to retire before it becomes essential to tweet.
BARNEY FRANK -
I don’t think Donald Trump is the right person because I very much disagree with him.
BARNEY FRANK -
Legislators have a formal set of responsibilities to work together, but there’s no hierarchy.
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When community action was put into federal law in the early sixties as part of the effort to combat poverty and social injustice, I supported it intellectually.
BARNEY FRANK -
If people knew of ethics violations, they should have sent them to the Ethics Committee. If you think there was serious ethics violation that ought to be looked at, you don’t hold it back for retaliatory purposes.
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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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Whenever people are being intellectually dishonest in debate, it is an implicit concession they have lost the fight
BARNEY FRANK