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Old 11-29-2011, 02:21 PM   #716
SamIam
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Join Date: Jun 2007
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Posts: 2,655
Quote:
Originally Posted by Lamplighter View Post
Classic, if you believe all that were true and overwhelmingly important,
why would you think it would do any good to bring in a new politician ?

I'd suggest a quick read of Frank's congressional history in Wikipedia
to see if instead, and on balance, you might think he is has a better fit
with what we want in from a 30-year veteran politician.
.
I don't know about Classic, but I don't think it will do much good to bring in a new politician. Our current system all but guarantees that if a Congressman is not corrupt to begin with, he soon will be.

Yeah, Barney Frank did some good things, but Classic is correct in stating that Frank played a role in the Frannie/Freddie fiasco. Read Morgenson's and Rosner's "Reckless Endangerment" - a detailed account of the events and players leading to the great financial crash and subsequent Wall Street bailout.

Barnie Frank was one of Frannie's and Freddie's greatest defenders, claiming that concerns about the the safety and soundness of these two institutions were highly exaggerated. Frank was duly rewarded for his partisanship in this regard.
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