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Rep. Barney Frank: ‘I shouldn’t be a homeowner’ (Still no investigation of the Banking Queen)
The Hill ^ | 3/08/10 | Christina Wlkie

Posted on 03/10/2010 5:22:52 AM PST by Libloather

Rep. Barney Frank: ‘I shouldn’t be a homeowner’
By Christina Wlkie - 03/08/10 07:57 PM ET

The chairman of the House Financial Services Committee wields a gavel with jurisdiction over the nation’s housing industry. But he’s not a homeowner. And he likes it that way.

In a speech Friday to three real estate groups, Rep. Barney Frank (D-Mass.) said that despite having owned condominiums before, he prefers to rent his living space. Or spaces, as it were.

Frank classified himself as a double renter — he has an apartment in Washington and one in Newton, Mass.

“Given my personality and my work demands, I shouldn’t be a homeowner,” he said.

“I don’t want to be in the middle of a committee session and be told the pipes broke or the roof is leaking or this or that. I need when that happens to be able to call somebody and say, ‘Please fix it and call me when I can come home.’"

Frank was addressing the National Association of Hispanic Real Estate Professionals, the National Association of Real Estate Brokers and the Asian Real Estate Association of America.


TOPICS: Crime/Corruption; Extended News; Government; News/Current Events
KEYWORDS: barney; frank; homeowner; queen
It's hard out there for a pimp.
1 posted on 03/10/2010 5:22:52 AM PST by Libloather
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To: Libloather
Rep. Barney Frank: I shouldn't be a homowner.

There. Fixed it.
2 posted on 03/10/2010 5:25:08 AM PST by crosshairs
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To: Libloather
So true barney. You should be living in a 6x8 compliments of the taxpayers.
3 posted on 03/10/2010 5:25:20 AM PST by mad_as_he$$ (usff.com)
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To: Libloather
On the one hand he's right.

On the other hand, this demonstrates the leftwing ideal that no one owns anything. You just live somewhere and when bad things happen, you make a phone call and the folks in charge come and rescue you. This is the world Barney lives in, and it's the world he wants us all to live in. I think they call it communism.

4 posted on 03/10/2010 5:25:22 AM PST by ClearCase_guy (We're all heading toward red revolution - we just disagree on which type of Red we want.)
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To: Libloather

No, Princess. You shouldn’t be a HOMO-ner.


5 posted on 03/10/2010 5:26:36 AM PST by IronJack (=)
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To: Libloather

I think that he was misquoted. I believe he really said was. “I shouldn’t be a homo moaner”.


6 posted on 03/10/2010 5:26:55 AM PST by fhayek
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To: Libloather

Mr. Massa: This is Barney. Tickle Me....


7 posted on 03/10/2010 5:27:31 AM PST by Sacajaweau (What)
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To: Libloather

Fwank should be in prison, but Dems protect and shield it as long as it votes the way those in power wish.


8 posted on 03/10/2010 5:28:17 AM PST by cake_crumb (RR on ObieCare: http://www.youtube.com/watch?v=fRdLpem-AAs&feature=player_embedded#)
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To: Libloather
When, Dear Lord, when?!

Image and video hosting by TinyPic

9 posted on 03/10/2010 5:31:38 AM PST by ozark hilljilly
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To: Libloather

I thought he was born that way?


10 posted on 03/10/2010 5:32:39 AM PST by NeoCaveman ("workers of the world unite, it's not just a slogan anymore" SEIU's Andy Stern)
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To: Libloather

Barney shouldn’t be a congresscritter either....
Send him home so he rent a nicer place.....


11 posted on 03/10/2010 5:33:20 AM PST by G Larry (DNC is comprised of REGRESSIVES!)
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To: Libloather

Easier to run a gigalo ring out of an apartment. Nothing for the government to seize under RICO.


12 posted on 03/10/2010 5:41:37 AM PST by a fool in paradise
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To: mad_as_he$$

....admitting that he shouldn’t be a homeowner, but not at all bashful about telling all other legitimate homeowners how they should live.....disgusting....Barney Frank is the poster child for all that is wrong in DC


13 posted on 03/10/2010 5:52:29 AM PST by madinmadtown
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To: Libloather
“I don’t want to be in the middle of a committee session and be told the pipes broke or the roof is leaking or this or that. I need when that happens to be able to call somebody and say, ‘Please fix it and call me when I can come home.’"

So Barney needs... a husband?

14 posted on 03/10/2010 5:59:23 AM PST by Zeppo ("Happy Pony is on - and I'm NOT missing Happy Pony")
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To: Libloather; maggief; Grampa Dave; stephenjohnbanker; hoosiermama; KentTrappedInLiberalSeattle; ...
Hmmmm....looks like Fwank's on a Desperation Resurrection Tour, transforming himself from the sneering townhall moderator to the hapless renter.

Keep in mind, Bwaney Frank’s 4th congressional district went overwhelmingly for Scott Brown; just five of the 24 cities and towns voted for Coakley. Frank acknowledges that it may be a tougher race than he’s used to. “But, if I want to get re-elected it’s my job to talk about the issues and my record, and that’s the nature of democracy,” he said.........fierce competition or not, Frank said he will “definitely” seek re-election this November.

NOT HIS DECISION TO MAKE What this self-absorbed Lipless Wonder fails to fathom is that his constituients (including those townhallers he sneered at) will decide whether he is fit to run for reelection. Now Frank wants to talk about his "record?" Fine. Here it is.

Let The Inquisition Start With Barney Frank
Investor's Business Daily | 3/6/09
FR Posted on 03/08/2009 by FreeManN

Congressman Barney Frank says he wants some of those responsible for our current financial meltdown to be prosecuted. And we couldn't agree more. First up in the court dock: Rep. Barney Frank, D-Mass. Even by the extraordinarily loose standards of Congress, it takes some chutzpah for someone such as Frank to suggest that he'll seek prosecutions for those behind the housing and financial crunch and for what he called "a strongly empowered systemic risk regulator." Frank: Fannie Mae and Freddie Mac's point man in Washington.

For Frank, perhaps more than any single individual in private or public life, is responsible for both the housing market mess and subsequent bank disaster. And no, this isn't partisan hyperbole or historical exaggeration. But first, a little trip down memory lane. (Excerpt) Read more at ibdeditorial.com ...

======================================

THE WORM TURNS The Poor Should Rent, Not Own (Barney Frank admits disastrous mistake)
The Atlantic | 02/01/10 | Daniel Indiviglio
FR Posted 02/02/2010 by TigerLikesRooster

In its final installment of the "What Went Wrong" Series on the financial crisis, Financial Services Committee Chairman Barney Frank (D-MA) spoke up. Much of it was predictable: Frank ralked like anyone closely following the financial regulation push in Congress already knew. But there was one fascinating gem in his discussing where Fannie and Freddie went wrong. Frank says urging the poor to own homes was mistake, and now believes they should rent instead.

Frank's take on how Fannie and Freddie could be structured to avoid moral hazard and a too cozy relationship with regulators: After stating that we should separate the liquidity creation function from the subsidy objective ( which we already knew he supported), he said: "I think you separate out the function of providing the equity in general for the mortgage market and doing some subsidy and, in my judgment, the subsidy again, as I said before, should be focused on affordable rental housing, not in pushing low income people into owning homes that they can't afford." (Excerpt) Read more at business.theatlantic.com ...

15 posted on 03/10/2010 6:17:58 AM PST by Liz (A person who smiles in the face of adversity probably has a scapegoat nearby.)
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To: ClearCase_guy

People in the real world invest in their homes for many reasons, among them the potential increase in equity and the tax benefits.

And then you have Congressmen. Why would they worry about saving for retirement? Their pensions beat anything one might gain from building equity. And who care about taxes when one has a huge slush fund (campaign contributions) to live off of? I doubt Barney ever pays for a meal. We pay for his health care. We probably pay for his car (and driver?). And I bet his travel is paid for by his campaign. He doesn’t have office expenses.

Our Privileged Public Class. Hopefully we’ll depose them in November. And, if Republicans have any kind of clue at all, they’ll make demonstrative moves to curtail the privileges of office. I won’t hold my breath, though.


16 posted on 03/10/2010 6:18:24 AM PST by Timeout (Brits have the royals. Russia, the Nomenklatura. WE have our Privileged "Public Servant" class.)
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To: Libloather

Gays like to live in fashionable apartments in big cities where they are close to all the action (and a lot of men). They like jobs in big cities like waiter and hairdresser where they can meet a lot of men and potential pickups.


17 posted on 03/10/2010 6:20:02 AM PST by decisis
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To: Tennessee Nana; AuntB; TADSLOS; La Lydia; raybbr; Kimberly GG
Notice that Fwank you should excuse the expression is sucking up to hyphenates..........addressing the "National Association of Hispanic Real Estate Professionals," and the "Asian Real Estate Association of America."

Watch those campaign donation checks being written.

18 posted on 03/10/2010 6:20:19 AM PST by Liz (A person who smiles in the face of adversity probably has a scapegoat nearby.)
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To: Libloather

No, Barney, you should be the proprietor of a public bath house instead.


19 posted on 03/10/2010 6:24:12 AM PST by reagan_fanatic (Our politicians are stupid and our policies unsustainable)
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To: Liz

Barney Fag should own a 6 x 8 federal prison cell.


20 posted on 03/10/2010 6:25:12 AM PST by TADSLOS (Tea Party. We are the party of NO! NO to more government! NO to more spending! NO to more taxation!)
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To: All
May 2007
Barney Frank Present When Partner Arrested for Pot Plants Possession

Rep. Barney Frank admitted that he was sitting on the porch of his partner’s Maine home when police came to arrest his partner for marijuana possession.

Frank, responding to new reports that he was present during the Aug. 2007 arrest of James Ready, said in a statement he was unaware Ready had marijuana plants.

According to a police report obtained by MyFoxBoston, Maine police arrested and charged James Ready with marijuana possession, cultivation and use of drug paraphernalia. He pleaded guilty to civil possession and paid a fine. The remaining charges were dismissed last year.

Read more: http://www.city-data.com/forum/politics-other-controversies/810063-barney-frank-present-when-partner-arrested.html#ixzz0hmfEYaf4 arrested.html

21 posted on 03/10/2010 6:30:35 AM PST by Liz (A person who smiles in the face of adversity probably has a scapegoat nearby.)
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To: Liz

Bawney gets a message from God....

“The poor should rent”


22 posted on 03/10/2010 6:34:29 AM PST by stephenjohnbanker (Support our troops, and vote out the RINOS)
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To: mad_as_he$$

LOL
He could room with chris dodd.
Sister’s up; will be on the river fri>wed.


23 posted on 03/10/2010 7:00:57 AM PST by sasquatch
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To: mad_as_he$$

Also, usff is down. Who’s doing support??


24 posted on 03/10/2010 7:06:10 AM PST by sasquatch
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To: TADSLOS

Swinging from a 16 foot rope is more like it. LOL


25 posted on 03/10/2010 7:42:26 AM PST by CPT Clay (Pick up your weapon and follow me.)
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To: sasquatch
My guess is no one now that Q is gone. Gotnet is the ISP.
26 posted on 03/10/2010 9:04:02 AM PST by mad_as_he$$
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To: G Larry

Barney shouldn’t be a congresscritter either....
Send him home so he rent a nicer place........... LOL, his district wouldn’t ever let that happen.


27 posted on 03/10/2010 9:49:38 AM PST by Bringbackthedraft
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To: crosshairs

LOL Bump


28 posted on 03/10/2010 4:23:25 PM PST by 1ofmanyfree ((No jobs, licenses,mortgages,bank accounts or amnesty for any illegal alien criminals ! ))
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To: mad_as_he$$

I’ll follow up.


29 posted on 03/10/2010 6:08:35 PM PST by sasquatch
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To: sasquatch

Thanks.


30 posted on 03/10/2010 7:12:36 PM PST by mad_as_he$$
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