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Barney Frank's Friends with Benefits - Printable Version

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Barney Frank's Friends with Benefits - ctipton - 05-27-2011 01:21 PM

C O M M E N T A R Y


Barney Frank's Friends with Benefits
Friday, May 27, 2011
By Michelle Malkin

If you want to watch a corruptocrat start sputtering like Porky Pig with allergies, confront him with three simple words: conflict of interest. Asked this week about his role in securing an ex-lover's highly coveted job at government mortgage giant Fannie Mae, Massachusetts Democratic Rep. Barney Frank retorted:

"Aba-dee aba-dee aba-dee aba-dee."

Or that's what it sounded like, anyway. Frank was rather miffed about the recent disclosure that he helped former lover Herb Moses land a job with the behemoth lender while sitting on a House committee that regulates lenders a decade ago.

The Boston Herald reported Thursday that Frank immediately invoked the Everybody Does It card: "It is a common thing in Washington for members of Congress to have spouses work for the federal government. There is no rule against it at all."

Frank then switched to the Everybody Knew defense: "It was widely known. It was out there in the public."

Next, he dismissed any controversy about his ethical judgment with the Nobody Cares shield: "It's nonsense."

No doubt he'll spring the Homophobia Card on critics at an opportune moment to ice his multitiered cake of excuses.

Funny thing. Not too long ago, it was Frank himself counseling fellow Democratic scandal magnet Rep. Maxine Waters to butt out of Boston-area OneUnited Bank's bid for $12 million in federal TARP bailout funds because of conflict-of-interest odors. Waters' husband, Sidney Williams, was an investor in one of the banks that merged into OneUnited and owned stock holdings estimated at $350,000.

Frank's exact words to Waters: "You should stay out of it. ... You should stay away from this."

Waters didn't listen. The House ethics committee charged her with several ethics violations (though no trial has yet been scheduled). Frank nearly broke his arm patting himself on the back and pronouncing himself "vindicated" after the charges were filed last year.

But where was Mr. Clean when his own sleazy dalliances needed self-policing?

While head of the House Financial Services Committee in 2009, amid economic upheaval across the country, Frank was jet-setting with hedge-fund mogul and TARP beneficiary S. Donald Sussman to his private Caribbean resort.

The foxes in the House Ethics henhouse granted what they called "unusual" permission for the jaunt because Frank's partner, Jim Ready, is close pals with Sussman. When Republicans raised questions about ethical improprieties, Frank – whose party has perfected the art of class warfare demagoguery – whinnied that it wasn't a crime to have wealthy friends.

What should be criminal is the Democratic friends and fat cats protection racket run by the Fannie Mae and Freddie Mac overlords. While political operatives have raked in tens of millions of dollars in directors' fees and lavish compensation packages, the government-sponsored lenders have bled billions and will soak up an estimated $400 billion in bailout funds.

Financial journalist Gretchen Morgenson reported this week that Frank "was very aggressive and really tough" on Fannie critics after the corrupt institution "rolled out the red carpet" for his ex-lover. After his friend with crony benefits broke up with him, Frank remained a dogged Fannie defender.

Sneering at financial reformers before a 2003 House hearing, Frank asserted: "I want to begin by saying that I am glad to consider the legislation, but I do not think we are facing any kind of a crisis. That is, in my view, the two government-sponsored enterprises we are talking about here, Fannie Mae and Freddie Mac, are not in a crisis. ... I do not think at this point there is a problem with a threat to the Treasury."

http://cnsnews.com/commentary/article/barney-franks-friends-benefits


RE: Barney Frank's Friends with Benefits - beck - 05-27-2011 02:08 PM

Kind of like Lush Bimbo ripping drug dealers while he throws down a 40 and some vicodins.

baaaaaaaaaaaaaaaaaa baaaaaaaaaaaaaaaaaaaaaaaaaaa

Jean Schmidt still taking money from the Turks?


RE: Barney Frank's Friends with Benefits - QSECOFR - 05-27-2011 02:15 PM

(05-27-2011 02:08 PM)beck Wrote:  Kind of like Lush Bimbo ripping drug dealers while he throws down a 40 and some vicodins.

baaaaaaaaaaaaaaaaaa baaaaaaaaaaaaaaaaaaaaaaaaaaa

Jean Schmidt still taking money from the Turks?

Uh.. No..........

WE pay Frank's salary and he is required by law to avoid any conflicts of interest.

Do YOU pay Limbaugh's salary?

Thought not.....


RE: Barney Frank's Friends with Benefits - ctipton - 05-27-2011 02:39 PM

(05-27-2011 02:08 PM)beck Wrote:  Kind of like Lush Bimbo ripping drug dealers while he throws down a 40 and some vicodins.

baaaaaaaaaaaaaaaaaa baaaaaaaaaaaaaaaaaaaaaaaaaaa

Jean Schmidt still taking money from the Turks?

Still using the same old tired lines. Still looking to get a conservative rise. Real life you got there Beck.


RE: Barney Frank's Friends with Benefits - BearChatter v2.0 - 05-28-2011 03:27 PM

Barney Frank has pretty much always been like Barney Fife anyway. This is nothing new.


RE: Barney Frank's Friends with Benefits - beck - 05-28-2011 04:33 PM

Kind of like a male Jean Schmidt.


RE: Barney Frank's Friends with Benefits - BearChatter v2.0 - 05-29-2011 04:26 PM

(05-27-2011 02:08 PM)beck Wrote:  Kind of like Lush Bimbo ripping drug dealers while he throws down a 40 and some vicodins.

baaaaaaaaaaaaaaaaaa baaaaaaaaaaaaaaaaaaaaaaaaaaa

Jean Schmidt still taking money from the Turks?

Are you one of Barney's "friends"?

I can just hear you and Barney singing......."I love Beck......he loves me......."


RE: Barney Frank's Friends with Benefits - ToddGack - 05-30-2011 06:31 AM

Frank is at the top of the list of people who've destroyed this country.


RE: Barney Frank's Friends with Benefits - converrl - 05-30-2011 09:36 AM

(05-28-2011 04:33 PM)beck Wrote:  Kind of like a male Jean Schmidt.

Who held more clout in congress? I'd say Barney did. That's pretty high-profile corruption. Jean's transgressions are tiny compared to the mismanagement that helped bring about this country's current economic meltdown--that's hurting a lot more people than Jean Schmidt taking a few questionable donations.