Free Republic

WASHINGTON — Retiring Massachusetts congressman Barney Frank, a gay pioneer in Congress, plans to marry his longtime partner Jim Ready of Maine. A spokesman for Frank confirmed Thursday that the congressman's wedding will be in Massachusetts, but said no date had been set. The Democrat announced last fall that he was retiring at the end of his 16th term.

Former Fannie Mae executive Ed Pinto, who worked at the mortgage giant before it began buying up risky mortgages, has also described Fannie Mae’s key role in buying up and promoting risky sub-prime mortgages, which Fannie Mae did on a large scale, despite having a capital cushion that was tiny compared to private banks, resulting in its later insolvency and massive taxpayer bailout. A recent book about the causes of the crisis by New York Times business reporter Gretchen Morgenson and financial analyst Josh Rosner, “Reckless Endangerment,” chronicles how “it was Fannie Mae and the government housing policies it supported,...

It was recently observed that Ron Paul was to the left of Obama on national security and the best evidence for that statement can be found when one year ago Ron Paul joined forces with Barney Frank​ on a proposal to gut national defense via a panel of experts, quite a few of whom were tied to George Soros​. In July 2010, Barney Frank and Ron Paul co-authored a Huffington Post article rolling out their Sustainable Defense Task Force. The Task Force “consisting of experts on military expenditures that span the ideological spectrum” would recommend a trillion dollars in defense...

Years after the banking system nearly collapsed from reckless mortgage lending, federal prosecutors have stayed on the sidelines, even as judges point out apparent wrongdoing. The federal government has pursued few criminal cases against major lenders or senior executives for the meltdown. Finding hard evidence is difficult, the Justice Department said. The government hasn't prosecuted dubious foreclosure practices deployed since 2007 by big banks and other mortgage-servicing companies. Meanwhile, foreclosure-related case files in just one New York federal bankruptcy court hold at least 12 promissory notes bearing evidence of recently forged signatures and illegal alterations, according to a judge's rulings....

California Atty. Gen. Kamala D. Harris is suing Fannie Mae and Freddie Mac to force the mortgage giants to answer questions about their role in California's housing meltdown. In two suits filed Tuesday in San Francisco County Superior Court, Harris seeks to compel the companies to respond to subpoenas from her office that have been ignored so far. Harris is seeking information about the practices by Fannie and Freddie in California as part of her ongoing investigation into the mortgage industry. The suits ask a judge to order the two companies to answer a set of 51 questions served in...

Rep. Barney Frank is predicting that President Obama would easily win a general election against Newt Gingrich, but stopped short of guaranteeing that Obama would eclipse his 2008 victory. The retiring Massachusetts Democrat recently said that a Gingrich nomination “would be the best thing to happen to the Democrats since Barry Goldwater.” Asked for a prediction on electoral votes, Frank this week told The Hill, “The thing is [Gingrich] could carry most of the South.” He said Obama's count would be “in the 300s” against the Georgia Republican. To win the White House, 270 electoral votes are needed. Obama won...

Ganziano, a 55-year-old mother of five children, encouraged her fourth child, Daniel, 18, to set up a savings account at a nearby TCF Bank "out of convenience" due to its location. Ganziano and her son discovered that the bank offered little convenience due to the growing number of bank fees, as first reported by the Chicago Tribune. After he put money into the savings accont from his job, Daniel Ganziano's balance eventually fell to $4.85 and with such a small amount, he ignored it. However, TCF sent him a letter on Oct. 12 informing him that it had charged him...

"Barney Frank: I've destroyed the economy, my work here is done." — Washington Times headline, Nov. 29 It was quite a confluence of news last week when in the span of hours came Rep. Frank's retirement announcement, a report on declining housing prices and home-ownership rates, and a poll belaboring the obvious about Americans' fears about the housing and stock markets. With his fellow Democrat, former Sen. Chris Dodd of Connecticut, Rep. Frank, D-Mass., shoulders much of the blame for today's economic catastrophe and the fiscal crises plaguing governments at all levels. They spent years pushing policies that ultimately required...

Gingrich on Inauguration Day: Repeal Obamacare, Sarbanes-Oxley, Dodd-FrankBy Mallie Jane Kim December 7, 2011 If former House Speaker Newt Gingrich is elected president, he has a busy first day planned. At his speech at the Republican Jewish Coalition's 2012 Republican Presidential Candidates Forum this afternoon, Gingrich urged attendees to help vote a large Republican majority into the House and Senate in 2012 so Congress could immediately pass repeals of the Affordable Care Act and the financial regulations Sarbanes-Oxley and Dodd-Frank. They should do so early in January, "before I am sworn in," he said. "Bring it out during the inaugural...

Newt Gingrich made headlines in October because he suggested that Barney Frank and Chris Dodd should go to jail for authoring the so-called Dodd-Frank banking reforms. Taken together the “landmark” reforms look a lot like an Obama speech: very wordy, very partisan, but full of inaction, cross-purposes and the typical liberal confusion about economics, society and man. The legislation crafted by Dodd and Frank has reformed none of the systemic failures in our banking system, but it sure has made it harder for banks to loan money, or for you and me to buy a house. Much of the failure...

DreamWorks Studios announced today that they are in the final stages of salary negotiations with Massachusetts Congressman Barney Frank for their new Looney Tunes Bugs Bunny movie. Frank is slated to play Elmer Fudd in the five hundred million dollar, two part, six hour movie epic. The Congressman expressed interest in the role when he heard that Bugs Bunny was going to be played by an actor who has expressed conservative political views in the past. We talked with Congressman Frank over brunch in the West Village where he was visiting a friend. “It was wight before our summer wecess,”...

Massachusetts Rep. Barney Frank’s decision to retire at the end of his current term means the probable elevation of California Rep. Maxine Waters to the top Democratic slot on the House Financial Services Committee. She is, after all, next in line in seniority behind Frank. But not everyone in Washington is convinced it will be an automatic rise. There is considerable speculation that Waters, 73, could face a challenge from another Democrat, especially if it becomes possible that the Democrats could re-take the House.

Oh, that lovable rascal, Barney Frank! He may have been opinionated (and boy did he let you know what he felt!) but he was always looking for a way to solve problems. We need more people like him in Washington.That's the official liberal mainstream media line on the retiring congressman from Massachusetts, and it tells us more about the media than about Barney Frank. The encomia to the man pour forth from admiring reporters from the New York Times to the Washington Post to Slate. They almost all ignore entirely Frank's role in subsidizing the housing bubble, his coziness with...

Retirements hit Dem aspirations for a House takeover in 2012By Josh Lederman - 11/29/11 05:15 AM ET Rep. Barney Frank’s (D-Mass.) announcement Monday that he won’t seek reelection — coming on the heels of Rep. Charles Gonzalez’s (D-Texas) weekend announcement to the same effect — threw another stumbling block in the way of Democrats as they struggle to take back control of the House. Frank became the 17th Democratic member of the House to decide not to run for reelection next year, compared to just six on the Republican side. All six GOP members are departing to run for another...

Rep. Barney Frank (D-Mass.) was never known for holding his fire, and in a press conference announcing his retirement the liberal lawmaker saved some of his most memorable barbs for former House speaker and now presidential candidate Newt Gingrich. “I did not think I lived a good enough life to see Newt Gingrich as the Republican nominee,” the 30-year House veteran said. “He would be the best thing to happen to Democrats since Barry Goldwater ... It’s still unlikely, but I have hopes.” The pair have been snapping at each other since the 1980s, when Gingrich was rising to power...

It was because he was going to retire anyway, lost a favorite port town in redistricting and had a tough race last time. Was this really why Congressman Barney Frank announced today he’s retiring from the House of Representatives? Perhaps another reason was he’s no longer chairman of the House Financial Services Committee and like a lot of bullies, Mr. Frank found it’s not easy to be stripped of the power to torment and humiliate others. Brilliant, but acid tongued and generally unpleasant, Mr. Frank ruled with an iron gavel, ran over critics with delight and treated committee members and...

A somewhat bitter U.S. Rep. Barney Frank said today he will not seek re-election in 2012 in a move he said was triggered by redistricting that left him with too many new constituents to serve as a “lame-duck” legislator. “There are too many constraints,” Frank said about his life as a politician and the energy it would take to meet new voters so late in his tenure. “People are skeptical about incumbents,” he added. “There was also this — I don’t like raising money.”

In January of 2010, then-Senators Christopher Dodd (D-Connecticut) and Byron Dorgan (D-North Dakota) announced they would not be seeking re-election that year. The New York Times reported on the sudden retirements saying they "signaled that President Obama is facing a perilous political environment that could hold major implications for this year's midterm elections and his own agenda." We now refer to those major implications as what Mr. Obama himself called the "shellacking" of his party in those elections. Does today's announcement that 16-term Congressman Barney Frank (D-Massachusetts) will not seek re-election send a similar signal about 2012?

Rep. Barney Frank won't seek re-election Posted by CNN Wire Staff (CNN) - Massachusetts Congressman Barney Frank, a 16-term Democrat, will announce Monday he does not intend to seek re-election in 2012........