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Frank: Economy 'ready to take off'
The Boston Globe ^
| September 24, 2010
| by Matt Viser
Posted on 09/24/2010 1:37:41 PM PDT by Oldeconomybuyer
WASHINGTON – Representative Barney Frank was bullish on the economy this morning, saying it was ready "to take off” and would turn the political fortunes of the Democrats around by 2012.
“I believe the economy is, frankly, in a position to take off.,” Frank, the chairman of the Financial Services Committee, said during a breakfast hosted by the Christian Science Monitor.
During the wide-ranging discussion, Frank touted the financial reform bill that he shepherded through earlier this year, called outgoing Obama administration economic adviser Larry Summers “a great asset.”
Frank said the economy is poised to recover, although perhaps not quick enough to avert Democratic losses in congressional races this year.
“Things have gotten better. They haven’t gotten better fast enough,” Frank said. “The biggest mistake the administration made was the prediction that if the stimulus bill passed, unemployment would drop below 9 percent. There was no reason to say that. Why make the prediction?”
(Excerpt) Read more at boston.com ...
TOPICS: Business/Economy; News/Current Events; Politics/Elections; US: Massachusetts
KEYWORDS: barneyfwank; election2010; failure; obamanomics; whistlepastgraveyard
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To: Oldeconomybuyer
The only thing ready to take off are Barney Franks pants when a 12 year old boy is in the room.
2
posted on
09/24/2010 1:39:34 PM PDT
by
MissesBush
(Stay angry--right through November)
To: Oldeconomybuyer
Well, he was so accurate on the health of Fannie & Freddie so he must be right on this assessment also. sigh.
3
posted on
09/24/2010 1:40:49 PM PDT
by
Thom Pain
(2 + 2 = 4 : Defending the Constitution is CENTRIST; not RIGHT WING! Don't be labeled!)
To: Oldeconomybuyer
It took off....and crash landed immediately after take-off. STFU Dodd and keep drinking the hopeychangey Kool Aid.
4
posted on
09/24/2010 1:41:07 PM PDT
by
max americana
(Hoax and Chains, Dopeychangey)
To: Oldeconomybuyer
Zer0 has the pedal to the metal, is in Drive, is wearing shades and has a pack of cigs as he goes over the edge.
Fwank is Thelma, Zer0 is Louise.
5
posted on
09/24/2010 1:41:07 PM PDT
by
Paladin2
To: Oldeconomybuyer
I’d love to see this guy get voted out of office.
Are his numbers still under 50%?
6
posted on
09/24/2010 1:41:45 PM PDT
by
Tzimisce
(No thanks. We have enough government already. - The Tick)
To: Oldeconomybuyer
Miss Fwank seems a bit overly optimistic.
To: Oldeconomybuyer
Is this a Joke? Using what indicators as a guide? The recession is supposedly over too and we have near 10% unemployment, foreclosures are at a 15 year high, and consumer confidence is in the toilet. Liberals!
8
posted on
09/24/2010 1:42:57 PM PDT
by
xuberalles
("The Right Stuff" Conservative Novelties http://www.zazzle.com/xuberalles)
To: All
Take off, Hoser!
9
posted on
09/24/2010 1:43:44 PM PDT
by
Diana in Wisconsin
(Save the Earth. It's the only planet with Chocolate.)
To: Oldeconomybuyer
He’s trying to take credit if the Republicans successfully turn the boat around.
10
posted on
09/24/2010 1:45:11 PM PDT
by
DannyTN
To: Oldeconomybuyer
He’s trying to take credit if the Republicans successfully turn the boat around.
11
posted on
09/24/2010 1:45:19 PM PDT
by
DannyTN
To: MissesBush
Let me guess... The Fed is now buying stocks!
12
posted on
09/24/2010 1:45:55 PM PDT
by
Deagle
To: Oldeconomybuyer
Saying that things have gotten better doesn’t make it true.
To: Oldeconomybuyer
Hell, the Dems have driven it so far down that soon it will only be able to go up!
14
posted on
09/24/2010 1:46:32 PM PDT
by
84rules
( Ooh-Rah! Semper Fi!)
To: Oldeconomybuyer
Yeah, he also said Fannie and Freddie were doing just fine...fool me once....
To: Oldeconomybuyer
ROTFL!!! It looks like Barney already took off!
16
posted on
09/24/2010 1:48:56 PM PDT
by
FlingWingFlyer
(Don't listen to what they say, watch what they do.)
To: Diana in Wisconsin
17
posted on
09/24/2010 1:49:51 PM PDT
by
FlingWingFlyer
(Don't listen to what they say, watch what they do.)
To: Oldeconomybuyer
I believe the economy is, frankly, in a position to take offN O V E M B E R 3 will be the day it starts to...
18
posted on
09/24/2010 1:50:12 PM PDT
by
NorCoGOP
(OBAMA: Living proof that hope is not a plan.)
To: Oldeconomybuyer
“Things have gotten better. They haven’t gotten better fast enough,” Frank said. “The biggest mistake the administration made was the prediction that if the stimulus bill passed, unemployment would drop below 9 percent. There was no reason to say that. Why make the prediction?”
Just one mistake of many but definitely a fatal one.
19
posted on
09/24/2010 1:51:52 PM PDT
by
TSgt
(Dwayne Elizondo Mountain Dew Herbert Camacho - 44th and current President of the United States)
To: MissesBush; All
"The only thing ready to take off are Barney Franks pants when a 12 year old boy is in the room."
20
posted on
09/24/2010 1:52:18 PM PDT
by
musicman
(Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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