Video: Man who helped destroy economy moving on to better things

posted at 4:45 pm on November 28, 2011 by Allahpundit

Said The One of his retirement, “This country has never had a congressman like Barney Frank, and the House of Representatives will not be the same without him.” True enough. Of all the losers to have passed through Congress, how many can say they played a major role in precipitating a global economic catastrophe? It’ll take a lot of media whitewash to obscure that legacy, but I’m sure they’re game: The ratio of political eulogies today that mention his wit and intellect to those flagging his boosterism for Fannie and Freddie is running about five to one from what I’ve seen. As Ted Kennedy’s career so beautifully illustrates, if you’re a sharp-tongued fightin’ liberal from deep blue Massachusetts, there’s no wrong so terrible that it can’t be forgiven. Carte blanche, Elizabeth Warren.

The clip’s noteworthy mainly for its candor. Redistricting really was the reason he decided to quit — not because he was doomed to lose next year but because he would have had to exert a bit of effort to win, which must have come as a nasty shock after enjoying a liberal sinecure for the past 30 years. Read Sean Trende’s short, incisive take at RCP. The new map squeezes many more conservative voters into Frank’s district; in its new configuration, it would have broken for Scott Brown last year by fully 10 points. That’s not to say Frank couldn’t win — he beat Sean Bielat by double digits in 2010 when tea partiers were painting the rest of the country red — but he would have had to hit the trail, fundraise, and cope with the petty annoyances of retail politics that most congressmen take for granted. And who wants to do that when Congress is apt to become redder in the short-term, especially in the Senate? Better to go teach, lobby, and/or become a regular MSNBC contributor/host. The good news is we’re finally rid of him. The bad news is it could be worse.

Exit question: You know what would be awesome? If we gave Barney Frank more authority over housing policy.

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but he would have had to hit the trail, fundraise, and cope with the petty annoyances of retail politics that most congressmen take for granted.

The very thought of that must have given Barney the vapors.

rbj on November 28, 2011 at 4:48 PM

Thuggery, buggery, and skull-duggery.
Hell of a legacy he’s leaving behind, too bad it’s par for the course in DC.

abobo on November 28, 2011 at 4:49 PM

I guess we have to wait until the day after Obama pardons Holder to get the indictments cranked out.

DanMan on November 28, 2011 at 4:50 PM

http://www.youtube.com/watch?v=a5NrqqK60OI

reshas1 on November 28, 2011 at 4:50 PM

Going away party at Andrew Sullivan’s house. all welcome.

Hummer53 on November 28, 2011 at 4:51 PM

This is truly a belated Thanksgiving and early Christmas present! Yahoo!

StarLady on November 28, 2011 at 4:51 PM

Exit question: You know what would be awesome? If we gave Barney Frank more authority over housing policy.

Bring it on. If he’s nominated for HUD Secretary he would finally have to sit in front of a committee and answer questions about his role in the Fannie/Freddie debacle.

Mark1971 on November 28, 2011 at 4:52 PM

..I hear he’s going to open up his own bar in Crapachusetts. I can see him now as the Maitre D’:

“Push in your stool, sir?”

The War Planner on November 28, 2011 at 4:52 PM

“I don’t have to pretend to be nice to people I don’t like.”

Like there was any pretense before.

Imaging the hate this person has for his country?

Speakup on November 28, 2011 at 4:52 PM

Maxine Waters in line to take over from Frank on Financial Services

Shouldn’t that be the first sentence in all campaign solicitations to Wall Street donors by Republican candidates?

Just sayin, it’s an attention getter :)

Dr Evil on November 28, 2011 at 4:54 PM

Guess his boyfriend finally got Barney to agree on opening the speakeasy bordello out of his basement again; he’s an entrepreneur.

Bishop on November 28, 2011 at 4:58 PM

It’s just hard to believe he walks away. No rail; no torches; no inquiries.

Just a pension.

Axe on November 28, 2011 at 5:00 PM

Maxine Waters would be the senior demorat douchebag on the FSC?

O_O

O_O

O_O

X_X

Bishop on November 28, 2011 at 5:00 PM

Why shows like Saturday Night Live don’t have skits impersonating this guy every weekend is beyond me.

terryannonline on November 28, 2011 at 5:02 PM

Good widdance! You cowupt, waskally, wying waste!

JAM on November 28, 2011 at 5:03 PM

Dodd and Frank should both be in jail… for a number of reasons.

Fallon on November 28, 2011 at 5:05 PM

I think there’s an opening at Penn State in the athletic dept.

locomotivebreath1901 on November 28, 2011 at 5:05 PM

Bwarney Frank in his finest…

… He must have left on ugly stain on that chair after that display.

Seven Percent Solution on November 28, 2011 at 5:06 PM

locomotivebreath1901 on November 28, 2011 at 5:05 PM

Suggesting he’s a child rapist is a pretty low.

terryannonline on November 28, 2011 at 5:08 PM

Better to go teach, lobby, and/or become a regular MSNBC contributor/host.

I hear allowing one’s boi toi to run a ghey brothel out of one’s townhome can also be lucrative. And it’s so much less stressful to operate when you don’t have voters to answer to. Of course in MA, that kind of thing is probably a resume enhancement.

Kataklysmic on November 28, 2011 at 5:09 PM

Suggesting he’s a child rapist is a pretty low.

terryannonline on November 28, 2011 at 5:08 PM

So is the way he’s dishonored his position of trust.

kingsjester on November 28, 2011 at 5:10 PM

I wonder if the boys on Fire Island are going to throw him a feltching party…?

(google at your own peril)

/

Seven Percent Solution on November 28, 2011 at 5:11 PM

“I don’t have to pretend to be nice to people I don’t like.”

Like there was any pretense before.

Imaging the hate this person has for his country?

Speakup on November 28, 2011 at 4:52 PM

My favorite Barney story…I was at the 2009 Lowell MA Folk Festival watching a wild Western Swing band called The Lucky Stars rip thru some terrific Bob Wills numbers, and happened to see Barney and a female (family member?) sitting off to the side. He glowered the entire performance, and never tapped his foot once to the music.

The man has serious personal issues.

Del Dolemonte on November 28, 2011 at 5:18 PM

Frank packing it in.
Frank’s seat wide open.

SouthernGent on November 28, 2011 at 5:21 PM

He can run but he won’t be able to hide forever. Barney is just one of the many criminals who will face justice following 2012.

Keemo on November 28, 2011 at 5:22 PM

Am I the only one that hopes we can keep hearing from Barney’s a$$ on TV? Maybe MSDNC will hire him. I’m sure he could vigorously arose their 10 viewers.

MeatHeadinCA on November 28, 2011 at 5:23 PM

So Congress is finally taking out the trash?

GarandFan on November 28, 2011 at 5:39 PM

He is literally the face of a bloated, arrogant and corrupt democrat congressman.

Good riddance you rotten corrupt-o-crat.

Zorro on November 28, 2011 at 5:48 PM

How is that Barney Frank nearly destroyed the economy with his support for the Fannie Mae/Freddie Mac debacle but Newt Gingrich’s contribution, for which he was paid a mere $1.8 million, is to be avoided at all costs?

Basilsbest on November 28, 2011 at 5:55 PM

I wonder if the boys on Fire Island are going to throw him a feltching party…?

(google at your own peril)

/

Seven Percent Solution on November 28, 2011 at 5:11 PM

I once had a coworker show me some ‘physical evidence’ of this practice.
He said it had been sent to him by another coworker (heavily packaged in multiple layers of plastic), from San Francisco.

Dittos to what 7% said about the perils of ‘googling’ this.
Besides, we are coming up on suppertime here on the east coast.

listens2glenn on November 28, 2011 at 5:55 PM

**hands clasped towards Heaven**:

“Sorry Mom & Pop – but I gotta callem like I see em (just like you taught me)”

OLD Queens never DIE – Santa just brings em new kneepads!!

Katfish on November 28, 2011 at 6:03 PM

but he would have had to hit the trail, fundraise, and cope with the petty annoyances of retail politics that most congressmen take for granted.

Translation: He’d have to go amongst the peasants he so detests.

Hard Right on November 28, 2011 at 6:04 PM

“This country has never had a congressman like Barney Frank, and the House of Representatives will not be the same without him.”

The expression praised with faint damns comes to mind.

Mutnodjmet on November 28, 2011 at 6:15 PM

Of all the losers to have passed through Congress, how many can say they played a major role in precipitating a global economic catastrophe?

Congratulations, AP, you finally managed to get through a criticism one of these known DemocRATs without one of your seemingly obligatory “to be fair” provisos.

Knott Buyinit on November 28, 2011 at 6:16 PM

“….the House of Representatives will not be the same without him.”

That’s true, Barn! Reps in the official House shower room will now be able to bend over to pick up the dropped soap and not have to look over their shoulders first to see if you happen to be in the vicinity.

pilamaye on November 28, 2011 at 6:18 PM

If there isn’t a young boy or a dead woman, I just don’t care.

J_Crater on November 28, 2011 at 6:18 PM

After the a$$ f’ing that Barney Frank gave this country, we would have been able to tell he was gay even if the hid him in the closet.

J_Crater on November 28, 2011 at 6:21 PM

Well said AP.

jeanie on November 28, 2011 at 6:24 PM

Buh-bye, Tapioca Throat.

FlatFoot on November 28, 2011 at 6:43 PM

From Boston Business Journal:

Congressman Barney Frank’s announcement that he won’t seek re-election creates a golden opportunity for another loud talker from Massachusetts – albeit one who hails from the other end of the political spectrum.

The redistricting plan set to take effect in 2012 would add Medfield, Mass. to Barney Frank’s district. That means retired Red Sox pitcher and sometimes Republican political pitchman Curt Schilling could run to replace Frank – if he and wife Shonda Schilling don’t sell their Medfield mansion.

-snip-

In 2004, within hours of the Boston Red Sox’ first World Series win in 86 years, Schilling, still a Red Sox player at the time, threw his weight behind incumbent President George W. Bush, appearing on Good Morning America and at a campaign stop in New Hampshire. He also backed John McCain in 2008 against Barack Obama.

-snip-

Right now, Schilling and his wife Shonda Schilling own a home in Medfield that used to belong to former Patriots quarterback Drew Bledsoe. The Schillings bought it in 2004 for $4.5 million, according to public records. They then listed it for sale in 2008 for $8 million, but dropped the price the following April, to $5 million.

The house, a 19,000-square-foot mansion on 26 acres backing up to the Medfield Rhododendron Reservation, isn’t currently listed.

So Schilling apparently plans to stay put, for now.

Del Dolemonte on November 28, 2011 at 6:45 PM

Will his retirement package include an 0bama presidential pardon?

DannoJyd on November 28, 2011 at 6:46 PM

How is that Barney Frank nearly destroyed the economy with his support for the Fannie Mae/Freddie Mac debacle but Newt Gingrich’s contribution, for which he was paid a mere $1.8 million, is to be avoided at all costs?

Basilsbest on November 28, 2011 at 5:55 PM

You can’t be that stupid. Tell us exactly what Newt Gingrich did for Freddie Mac.

Vince on November 28, 2011 at 6:47 PM

Video: Man who helped destroy economy moving on to better things

Really wondering why buttyam hasn’t showed up here to give you hell about this headline.

Barney Frank and the liberal Democrat social engineering policies of the Left have destroyed the world economy…

Not according to Alan Greenspan or anyone significant on Wall Street or in the mortgage industry… but if your understanding of the world is based on talk radio hosts, yes, you must be right.

bayam on November 28, 2011 at 1:25 PM

BigWyo on November 28, 2011 at 7:03 PM

How is that Barney Frank nearly destroyed the economy with his support for the Fannie Mae/Freddie Mac debacle

While it’s true that loose lending policies led to tens of billions of losses, blinding greed and unprecedented irresponsibility were required to package subprime loans into zero-risk, AAA-rated derivatives. Those derivatives became financial weapons of mass destruction that nearly destroyed the economy.

And no, the government, didn’t force banks into predatory lending practices or the acceptance of obviously fraudulent loan applications without income verification. Those policies, which forced Washington Mutual and many other banks into insolvency, were the consequence of bubble group think that overtook responsible risk management policies. Banks that maintained rational risk management, including Wells Fargo and Chase, exited the crisis largely unscathed.

Because the banking industry had enough power to prevent legislation to bring transparency and regulation around the trading of CDO’s even after the financial crisis, the European debt crisis has the potential to create another crisis. In reality, the only difference between CDO’s backed by subprime loans and by government bonds is that this time no one is rating European bonds as risk-free. But just wait until the next bubble. It will happen again.

You can’t be that stupid. Tell us exactly what Newt Gingrich did for Freddie Mac.

A lot: http://campaign2012.washingtonexaminer.com/article/newt-gingrich-was-lobbyist-plain-and-simple

bayam on November 28, 2011 at 7:04 PM

If there were any justice in this world, barney frank would spend the rest of his natural days in a lesbian prison.

rightside on November 28, 2011 at 7:10 PM

“I don’t have to pretend to be nice to people I don’t like.”

Nor do I, you miserable POS, the person who has damaged this country as much as anyone in our lifetime. Good riddance, to say the least.

petefrt on November 28, 2011 at 7:13 PM

Video: Man who helped destroy economy moving on to better things

Is “better” a typo of “butter”?

andycanuck on November 28, 2011 at 7:18 PM

You can’t be that stupid. Tell us exactly what Newt Gingrich did for Freddie Mac. Vince on November 28, 2011 at 6:47 PM

Gingrich received up to $1.8 million for promoting the interests of a publicly funded mortgage company which played a prime role in the near collapse of the banking industry. Gingrich was paid with public funds. What he did should be public knowledge. He not saying exactly what he did. At least he’s not telling the truth. He was not paid as a historian nor was to paid to tell Freddie Mac that their business model sucked as he claims.

Those who want to give Gingrich a pass for this, because he’s good at attacking Obama(while accusing Barney Frank of destroying the economy) should not use the word stupid – unless they are standing in front of a mirror. Here’s looking at you Vince.

Basilsbest on November 28, 2011 at 7:31 PM

Hello!! Is it me or does the timing of this ‘retirement’coincide with the new congressional insider trading investigations coming down the pike? Hmm inquiering minds want to know Barney!!!!

sonnyspats1 on November 28, 2011 at 8:23 PM

Nice “logic” Basil. Frank screws over the economy 10x worse than anything Newt did, but Newt is the real bad guy here? Not to mention you claim to know what Newt did, but offer no proof. So you claim to be psychic too.
I’m a Cain supporter, but even I know a foaming at the mouth loon when I see one and you are it.

Hard Right on November 28, 2011 at 8:23 PM

Nice “logic” Basil. Frank screws over the economy 10x worse than anything Newt did, but Newt is the real bad guy here? Not to mention you claim to know what Newt did, but offer no proof. So you claim to be psychic too.
I’m a Cain supporter, but even I know a foaming at the mouth loon when I see one and you are it. Hard Right on November 28, 2011 at 8:23 PM

I never said Frank wasn’t 10x worse that Gingrich. How is that the test? Whatever amount Gingrich contributed to the well-being of Freddie Mac was too much. The GOP nominee should be someone who battled the very idea of Freddie Mac; someone intelligent enough to warn of the threat they were to the economy, not someone who had his snout in the trough furthering their interests at out expense. And you have the logic backwards. Gingrich knows why he was paid $1.8 million and it wasn’t for what he says it was. You obviously like having your intelligence insulted.

I’ll take your’re foaming at the mouth comment in context. It’s been a hard day for you.

Basilsbest on November 28, 2011 at 8:40 PM

Basilsbest on November 28, 2011 at 7:31 PM

It is clear that you missed the report backing up Newt’s claim that he did NOT work as a lobbyist for Fannie/Freddie. Fortunately, most here DID READ that Report instead of just relying on JournOlisters to report the facts. ;o)

DannoJyd on November 28, 2011 at 8:50 PM

Which report was that? Please provide a link. BTW I have never been to Klein’s site. I despise Journolist.

Basilsbest on November 28, 2011 at 9:13 PM

Frank has done so much damage to our nation, it will take years to fix everything he broke. Mercy has finally been delivered to us!

Dollayo on November 28, 2011 at 9:34 PM

The guy makes me think of a Sea Lamphrey when he opens his mouth. Thus I cannot watch the video

From Wikipedia

The sea lamprey (Petromyzon marinus) is a parasitic lamprey found on the Atlantic coasts of Europe and North America, in the western Mediterranean Sea, and in the Great Lakes. … The lamprey uses its suction-cup like mouth to attach itself to the skin of a fish and rasps away tissue with its sharp probing tongue and teeth. Secretions in the lamprey’s mouth prevent the victim’s blood from clotting. Victims typically die from excessive blood loss or infection.

Researchers from Michigan State University have teamed up with others from the Universities of Minnesota, Guelph, Wisconsin, as well as many others in a massive research effort into newly synthesized pheromones. These are believed to have independent influences on the sea lamprey behavior. One pheromone serves a migratory function in that odor emitted from larva are thought to lure maturing adults into streams with suitable spawning habitat. A sex pheromone is emitted from males and is capable of luring females long distances to very specific locations. These two pheromones are actually both several different compounds that are thought to elicit different behaviors that collectively influence the lamprey to exhibit migratory behaviors or spawning behaviors

It is difficult to explain, but the larva part scares me

entagor on November 28, 2011 at 9:45 PM

..I hear he’s going to open up his own bar in Crapachusetts. I can see him now as the Maitre D’:

“Push in your stool, sir?”

The War Planner on November 28, 2011 at 4:52 PM

I see what you did. Thought you got away with it.

Jimmy Doolittle on November 28, 2011 at 10:38 PM

The bad news is it could be worse.

Much worse… Like coaching little league football in State College, PA.

Danny on November 28, 2011 at 10:38 PM