Skip to comments.Rep. Frank says he urged Obama to back off healthcare reform
Posted on 04/16/2012 9:15:09 AM PDT by maggief
Rep. Barney Frank (D-Mass.) thought President Obama was making a "mistake" in pressing for healthcare reform in 2010 and urged the White House to back off after Democrats lost their 60-seat majority in the Senate, the congressman tells New York magazine.
"I think we paid a terrible price for healthcare," Frank told the magazine in a lengthy interview as he prepares to retire at the end of his 16th term. "I would not have pushed it as hard. As a matter of fact, after [Sen.] Scott Brown [R-Mass.] won [in January 2010], I suggested going back. I would have started with financial reform, but certainly not healthcare."
(Excerpt) Read more at thehill.com ...
Wow, a moment of lucidity for Bawney........
This thug should be in prison after what he and Dodd did to us in 2007.
A rather astounding admission on the part of Barney Frank. I wonder WHY he admits this?
He was just looking for newsprint.
The big mouth decides to open when hingsight is 20/20.
I’m not so sure....
WHY would he not stick to the Radical Democrat line in an election year?
Then there is this ...
Frank wanted some funds from the Troubled Asset Relief Program (TARP) to be used to boost the housing market. He had asked Treasury Secretary Hank Paulson, “the last man home” in the Bush White House, to use the funds to push banks to provide mortgage relief, but said he would only do it if the president-elect’s team asked for it.
The Obama team refused to ask, and it didn’t happen.
“During the critical period when the TARP was being administered, there was a vacuum of political leadership,” said Frank. “At one point, Obama said, ‘Well, we only have one president at a time.’ I said I was afraid that overstated the number of presidents. We had no president.”
Barney is a smart commie.
He knows that in a republic, a liberal/communist agenda exposed is a liberal/communist agenda defeated.
You mean "a moment of woocidity" don't you?
Because he's not running for re-election.
With hindsight everyone becomes an expert.
LIE! What a steaming pile of Horse Sh**! Thr Obastard POS never tried to work with anyone. Lying Commie Bastards.
Barney has hindsight.
1. What's left of his brain is pot-addled.
2. The real numbers for the cost and lack of support for this fiasco is leaking out, and as he said, the Dems lost their 60 seat majority in the Senate.
It it curious that Frank didn't mention the Dem 2010 House losses.
Somebody at The Hill noticed, and included a non-Frank brief analysis.
Got this in an email.
Subject: Fwd: Tell me about “inherited” !
This tells the whole story, why Bush was so bad at the end of his term.
Don’t just skim over this, it’s not long, so read it slowly and let it sink
in. If in doubt, check it out!
The day the Democrats took over was not January 22nd 2009, it was actually
January 3rd 2007, the day Democrats took over the House of Representatives
and the Senate, at the very start of the 110th Congress. Keep in mind
throughout this discussion that it’s Congress that controls the purse
strings ... not the President.
The Democrat Party controlled a majority in both chambers for the first time
since the end of the 103rd Congress in 1995.
For those who are listening to the liberals propagating the fallacy that
everything is “Bush’s Fault”, think about this:
January 3rd, 2007 was the day the Democrats took over the Senate
and the Congress.
At the time:
a.. The DOW Jones closed at 12,621.77
b.. The GDP for the previous quarter was 3.5%
c.. The Unemployment rate was 4.6%.
d.. George Bush’s Economic policies SET A RECORD of 52 STRAIGHT
MONTHS of JOB GROWTH
Remember the day...
January 3rd, 2007 was the day that Barney Frank took over the
House Financial Services Committee and Chris Dodd took over the
Senate Banking Committee.
The economic meltdown that happened 15 months later was in what
part of the economy? BANKING AND FINANCIAL SERVICES!
Unemployment...dumping 5-6 TRILLION Dollars of toxic loans on the
economy from YOUR Fannie Mae and Freddie Mac FIASCOES!
Bush asked Congress 17 TIMES to stop Fannie & Freddie - starting
in 2001 because it was financially risky for the US economy.
a.. And who took the THIRD highest pay-off from Fannie Mae AND
Freddie Mac? OBAMA
b.. And who fought against reform of Fannie and Freddie? OBAMA and
the Democrat Congress.
So when someone tries to blame Bush, REMEMBER JANUARY 3rd,
2007.... THE DAY THE DEMOCRATS TOOK OVER!
Budgets do not come from the White House. They come from Congress
and the party that controlled Congress since January 2007 is the
Democrat Party. Furthermore, the Democrats controlled the budget
process for 2008 & 2009 as well as 2010 &2011.
In that first year, they had to contend with George Bush, which
caused them to compromise on spending, when Bush somewhat
belatedly got tough on spending increases.
For 2009 though, Nancy Pelosi & Harry Reid bypassed George Bush
entirely, passing continuing resolutions to keep government
running until Barack Obama could take office. At that time, they
passed a massive omnibus spending bill to complete the 2009
budgets. And where was Barack Obama during this time? He was a
member of that very Congress that passed all of these massive
spending bills, and he signed the omnibus bill as President to
If the Democrats inherited any deficit, it was the 2007 deficit,
the last of the Republican budgets. That deficit was the lowest in
five years, and the fourth straight decline in deficit spending.
After that, Democrats in Congress took control of spending, and
that includes Barack Obama, who voted for the budgets.
If Obama inherited anything, he inherited it from himself. In a
nutshell, what Obama is saying is I inherited a deficit that I
voted for and then I voted to expand that deficit four-fold since
There is no way this will be widely publicized,unless each of us
sends it on!