20 Burst results for "Barney Frank"
"barney frank" Discussed on WLS-AM 890
"They were quoting Robert kiyosaki, he wrote a very popular famous book called rich dad poor dad. And he's got some pretty decent analysis of the current situation going on. Some people like them, some people don't. That's fine. But a quote from kiyosaki really caught my eye, it says, I believe the economies and the biggest bubble in world history, God have mercy on us all. Interesting. And I agree. Now be careful, folks. Because that House of Cards is going to collapse soon. What do I do? Well, the answer is keep working, pay off your debts and do what you do and you'll get through it. Don't find yourself in a boatload of debt where people can seize your assets. Try and pay off your debt now before it gets out of control. Common sense stuff. I mean, I'm not your financial adviser. This is just common sense. Don't give people a claim on your assets. People have a claim on your assets through debt because all debts are paid. All debts are paid by the debtor of the creditor. They're paid. But the warning signs are everywhere, and the reason I'm bringing it up in the beginning of the show is not because I'm near financial adviser because I'm not. I'm bringing it up in the beginning of the show because when it all comes crashing down, which it will likely by the time Joe Biden's presidency ends in the next three years, the media will find a way miraculously to blame it on people like me, conservatives who are warning you right now about what's happening and begging you to help this stop. I just proved it to you. But there are people listening in this audience who have been told the lie that deregulation somehow caused the housing crisis, crisis. And then when you ask them to walk you through it exactly, they're always puzzled. Because what caused the housing crisis was very simple. It was the federal government on video people like Barney Frank and others, Democrats and liberals, and swampy Republicans, by the way, telling banks to comply with a lot of these woke DEI initiatives, make loans to people, not based on their financial worthiness, but by woke criteria. When the loan books won bad and people couldn't pay, that was the end of it. And then the contagion spread as banks who bought into this whole thing, they had a role in it too, a big one. But banks who bought into it bought a lot of mortgage backed securities and derivatives that derive their value from underlying mortgages that were bad on the books. It's that simple. But the narrative you heard those deregulation in those awful banks. Really, the banks lend money to people that never paid it back. All debts are paid. So the bank paid it back by go by defaulting and losing their business. I don't understand. Does that even make sense to you? But some people believe this. It's happening again. A concerns me as well because these media people aren't stupid. They take advantage of crises, repeatedly, COVID, public safety crises, financial crisis, financial crisis. They take advantage of a crisis after a crisis after a crisis. To usher in a new era of government control because if you believe deregulation did it and caused the housing crisis, what are you going to clamor for? More regulation. You don't think that was their goal? A warning mark the date marked the time, we are in a massive bubble right now. The government is printed a lot of money not backed by any value, not backed by the tax base and not backed by anything. It is bleeding its way into a financial system that is overvalued these assets so they could give away a lot of this money to other people. That's why they printed it. When those assets come crashing down, you're going to pay it, not the government. The government gets its money from you, whether through taxes or through devalued currency, and you're seeing the latter now and the former also. It also lends to another narrative I told you. I'll get you after the break. How things just aren't bad enough yet. People expect that a red wave, they got a bit of a wave in certain states, but not country wide. Why? Because as I said, things are in bad enough yet. But if kiyosaki's right and some of these other people are right predicting this, it will be soon. And more on this coming up next, we'll be right back.
"barney frank" Discussed on 77WABC Radio
"Expect the precedent that was used by the January 6th committee. In the impeachment process that was put in place by Nancy Pelosi, we expect those processes to serve as actual precedent. Going forward. Are we can not survive? We can't play tiddlywinks and marbles. While the other side is using political bazookas. It doesn't work that way. I've given you an example in the past. Some of you may remember some of you might not know what I'm talking about, so just briefly In the late 70s, a law was passed called the independent council act. It was an unconstitutional law, but the Supreme Court upheld it. The only justice devote against it was Antonin Scalia. It assigned powers to the judiciary that the judiciary should never have it violated separation of powers. Long story short, an individual could be appointed by a special division court under the statute. To investigate a president or presidential appointees individuals at a high level. The various elements of the statue were met. And it would be triggered. That statute was used to try and destroy Ronald Reagan. That statue was used to launch the so called Iran contra investigation. That statue was used against various cabinet officials in the Reagan administration. Secretary defense, Secretary of State, secretary of treasury, and the attorney general of the United States. It was used by the Democrats to try and destroy Republican administrations. Then Bill Clinton was elected president. And the statute applied to him. And it ensnared Bill Clinton and at least a half a dozen federal investigations. Most led by Ken Starr. As Janet Reno did not want separate, independent counsel. She sort of just packaged these things one after another. And a sign of the Kent star, who was the independent counsel at the time. After that was done, the very Democrats who wrote the bill. The Lake Carl 11 of Michigan and Barney Frank, you may remember Barney in
"barney frank" Discussed on The Financial Guys
"Whatever. And then they flip the script and they remember the housing crisis? Yeah. Remember Barney Frank? I wasn't talking about. He's literally on video in 2006 going, we don't have a crisis here. This is not the dot com bubble. We're talking about homes. Homes that maybe will ebb and tied with the flow of the market prices, but we're not going to see the kind of boss that we saw with this dot com bubble bursa. And then 6 years later, post 2008 housing crash. Thanks, Barney Frank. I wasn't talking about no, no, no, no. I wasn't talking about buying homes. No, I will talk about one thing, making ball ball doesn't matter. It's available. It doesn't matter what they talk. Whatever they touch turns to shit. Donald Trump said it whenever they touch everything. Nailed that. Whatever they touch turns to shit. Biden said when he got into office. Well, you know, look at, look at my policies months from now, right? Because he was criticized about the pipeline and about lowering the supply of and he says, judge me months from now on where the stuff is. Okay, we'll do that. Let's do that. Let's do that right now. You know what your greatest enough? You failed. Well, we'll talk to Stefan about this, but that's what the New York Times recent poll is a disaster for Biden. Absolutely. For the Democrat party, this is an absolute disaster. It really is. Yeah, we've got stuff on doctor. Let's play a few more minutes of this and we'll bring in stuff. Okay, we'll ask them all. To the work that you're doing. And also, I do recognize that the entire criminal justice system is one ecosystem. We're all the parts have to be in concert with each other. That's how we are successful. Each of you play a unique role in important role. But as we've approached this, I would be able to look at this 10,000 foot view. I'm way smarter than you are. Vulnerabilities and more help needs to be undertaken. That's why I've worked closely with my team day to day, every single day we talk about some facet. I bet you do. Which facet, exactly, Kathy. Which one? Some facet. We don't know which are safe and feel safe. So I've taken a very different approach. And maybe it comes from the fact that I spent hard swallow. I took a different approach, gulp. A police department working with my colleagues on the Tom ward, you know, selecting caliber of person that I thought could be a chief of police. Someone Carmen kesner, for example, from the town of Hamburg, someone who was just an outstanding outstanding public service. So I was very involved in understanding what we needed in that role. I also stood on a stage countless times as lieutenant governor and had the opportunity to welcome and send off our recruits. You're a master of ceremony. That's partly qualifies you as a law enforcement expert. What a joke. She gets into blaming this all on COVID. Possibility in the sense of wanting to do good for others. It was that so I could see it in their eyes. All they wanted to do was go through that's ruling exercises of being trained in law enforcement. But being out there on the streets and helping their fellow looking forward to arresting people and watching them get right back out on the streets.
"barney frank" Discussed on WMAL 630AM
"They are now also experiencing an incredible transition into significant dislocation. Well, and many of these citizens of California are making a significant relocation. Welcome to Texas. Every day, every day that I live. I keep thinking to myself, the bigger the words and the phrases, the bigger the bull. Yeah, no, that's it. Significant dislocation. Say it. Oh, you can't, because if he says it, that means he's responsible for the recession itself. We won't talk. We won't talk about inflation or recession. We'll talk about significant dislocation. Right. We won't say the R word. The thing is, though, when all these economists talk about the fact of food and fuel, we're not going to pay attention to that. I don't see gasoline coming down to $3 a gallon. Nationwide. I would like to be wrong, but I don't, I don't understand with me. All these things I'd like to be wrong. But economics is economics and I can't change it. You can change it. And Biden can change it in the Democrats can change it. Nobody can change economics. You can manipulate the economy, but you can't change economics. And these people believe that they can. No, they do. And they can do it. And they believe that they can change it by doing the same manipulation of the economy that they've been doing. Well, that's how we'll solve the problem. And what created the problem? You know, this is basically then treasury secretary snow back in 2003, sitting before the House panel and Barney Frank, the chairman of that committee was at the banking committee. It might have been the banking committee. I think it was because he was the chairman. And telling basically then treasury secretary snow was saying, Fannie and Freddie can't hold. We can't continue this kind of thing and the Democrats on that committee who controlled that at the point at that point said, oh no, what we need to do is more of this. Yeah, exactly. We need to pump more government money into it. That's their answer. We didn't do enough. See if we can just build back better and do Bernie's plan and the Green New Deal, everything will be fine. Fiscal insanity. It is. 8 6 6 90 red eye
"barney frank" Discussed on Bloomberg Radio New York
"Businesses and safe houses where they keep this stuff This has created a cottage industry of security professionals ex military ex law enforcement who are simply trying to keep this money safe How much of a public safety risk is that Well there's a risk in the institutions themselves then you've got this whole how did you industry as you describe one of the sponsors or supporters of the bill is brink's armored car Because they just know that these proceeds need to be made legal in effect that the purpose of the it's called the control substance act says that marijuana is a schedule one drug which means it's illegal for all purposes Many proceeds from the sale of it is illegal And that's what we're trying to correct In the mattress Financial institutions insurance companies banks credit unions real estate companies so that they can take proceeds from the marijuana businesses and they're not the proceeds of an illegal industry Congressman we're going to be We're going to talk next with representative Nancy mace a Republican pursuing her own legalization bill Are you encouraged to see Republican movement like that on this issue You bet I am And her bill is great David Joyce has a bill My chief co sponsors on this are have been David Joyce Steve stivers Warren Davidson Earl bloom an hour So Democrats and Republicans and you combat I'm glad to see that everybody's trying to get a problem solved and this hasn't taken on the real partisan kind of polarization that we faced on some other subjects Your retiring after this term is this your cause while you're still in office I've got a couple of causes I want to get our astronauts to Mars by 2033 when the orbits are close together It saves a lot of travel time I want to get a couple laboratories finished that I have here But I want to get this done We've had people killed I've been working on this since Barney Frank assigned it to me in 2012 when Colorado legalized marijuana he said there's going to be a problem when the federal laws clash with the state laws and that's precisely what we've got and all this cash So I want to get this done It's a public safety matter plus it's something where if a business is legal in Colorado it ought to have legal banking services available to it Congressman from other Democrats from Colorado you sure make a lot of local businesses in your state happy with this Are they behind this legislation Is this in line with what the industry is asking for as well Or do they want that bigger Schumer style Bill They want state banking They look at that as something that's very important from a public safety standpoint I think certainly like the bigger Bill But what they want is to get this problem resolved and they know they have the.
Joe Rogan, and the Media Double Standard
"That joy Reid said in her blog 2008 referring to Charlie Crist whom she suggested was gay. Quote, I can see poor Charlie on the honeymoon. Ogling the male waiters and thinking to himself God, do I really have to see her naked? Who says that? She even walked Ann coulter using transgender stereotypes. Not a problem. In a 2005 blog post, titled postmark America read wrote a post about Tony Blair's son, visiting bathhouses in the U.S., while in turning for David dreyer, the former California House member. And the post also referred to former lawmaker Barney Frank, the first openly gay member of the House. As a quote absolute bollocks poacher, close quote. Now joy Reid's apologized for all this, although I never heard her apologize for being a 9 11 truther that to me has not been addressed. But Joe Rogan just apologized.
"barney frank" Discussed on The Charlie Kirk Show
"Listen this advertisement that Facebook is running on TV nonstop. Play cut 46. I've been with Facebook for almost three years now. I'm originally from New Orleans Louisiana and I'm on the Facebook content team. You have a lot of topics that you cover. You wide range. What would you say is the most challenging about your job? It's tough. We make a lot of difficult decisions. We work in the spectrum of freedom of expression versus content moderation and constantly trying to figure out where on that spectrum we should land. I don't know if that is right to have a private corporation like Facebook, dictating what those boundaries are. And I think that with the right adjustments made to section two 30 and improved regulation, Facebook and the broader industry can receive better guidance and where on that spectrum we should be. Huh. I want you to think deeply about that for a second. That's Facebook running an advertisement saying that Facebook is not positioned to do the regulating that Facebook wants a new government agency to do the regulating. Why would they be running an advertisement like that? They want to run an advertisement like that because if a new federal agency to police speech was created, they get two big wins out of that. Number one, they can no longer be blamed for what they censor and do not censor on their platform. Because they're tired of this. They're getting exhausted with doing it. They've tried this third party fact checker thing. They want to outsource the censorship so they can wash their hands clean of it. But the second thing is they're real motivation. They want to add on hundreds of millions of dollars of regulatory compliance to make it impossible to start a new social media company to make the cost to start up and to compete against Facebook nearly and totally impossible. Facebook is using this sort of propaganda campaign. Please regulate us. Please, please, can you please write? They don't want to get regulated. They want to wash their hands of the actual intervention of picking winners and losers. So if you have this new federal agency that then police a speech on social media, then you're going to see all of a sudden, when someone gets kicked off social media, and Trump gets kicked off social media, Facebook doesn't have to have some sort of stupid board or say, no, no, it wasn't us. Go blame the
"barney frank" Discussed on TIME's Top Stories
"The House of Representatives ultimately voted to reprimand you. Do you think that quote unquote scandal would be treated the same way if it happened today? I don't know. I would say a couple of things. First of all, in an odd way that helped me explain to people why I'd come out. Remember several of my liberal colleagues had said, oh, why are you coming out? You don't have to do that. And when the Gobi thing broke, I said, now you understand why I came out because as long as I was closeted, I found that impossible to have good, healthy relationships. The key elements were there was no coercion, no abuse of authority, no serious element of misuse of public resources. If any of those issues had been present, the answer would definitely be yes, absent them, I don't know. Some on the left have expressed concern that the 6 three conservative super majority on the Supreme Court could erode LGBTQ rights in the name of religious liberty. Are you concerned at all about this? Yes, I am. They're not going to undo marriage, but I do worry about entities that get public tax money to perform services. They should not in my judgment be allowed to exclude people because of some religious disapproval of their sexual practices. It's the sword versus the shield. The shield in legal terms is a doctrine that prevents other people from intruding on you. A sword is used to intrude on others, and while religious liberty should be a shield, there are concerns that people might make.
"barney frank" Discussed on TIME's Top Stories
"Congressman Barney Frank, a Democrat from Massachusetts made history when he told The Boston Globe, if you ask the direct question, are you gay? The answer is yes. So what? The interview made Frank the first member of Congress to choose to come out while in office and propelled him into becoming one of the most prominent political faces of the LGBTQ rights movement in the following decades. During his 32 year tenure in the House of Representatives, Frank advocated for numerous bills that promoted gay rights and was the leading co sponsor on other key legislation, including 2010s Dodd Frank act, which overhauled financial regulation in the wake of the 2008 financial crisis. In 2012, he we D his longtime partner Jim Reddy, becoming the first sitting member of Congress to enter into a same sex marriage. Today he serves on the board of LGBTQ loyalty, the world's first exchange traded fund that aims to promote LGBTQ rights. Looking back for LGBTQ history month, time spoke with Frank about his storied advocacy for LGBTQ rights in Congress and the progress left to be made. Time when you ran for Congress in 1980, you were not yet public about your sexual orientation. Looking back then, were you worried you'd be outed and face consequences? Frank, very much so, I first started being involved in politics in the 50s when I was a teenager. I said, yeah, I'd like to get involved in politics, but I could probably never get elected because I'm gay. I knew I was gay from 13, and to get elected to office, you've got to be popular to be gay was at the time to be very unpopular. My first run for public office was in 1972 in the Massachusetts state House. Everybody who ran for the legislature was asked by the gay and lesbian groups, would you support a gay rights bill repealing the law against sodomy and preventing job discrimination? And I said yes, I would support the Bill and I'd even be a sponsor. I did that assuming that I would be one of several people, but it turned out I was the only person that year who won and had said yes. I decided then that while I would not come out publicly, I would be very supportive of gay rights. My principle is that you have a right to privacy, but not to hypocrisy. That was my position for the next 8 years while I was in the legislature. Toward the end of that 8 years by 78 or so, I began to come out to friends and relatives, maybe a couple of dozen people, and to the then leader of the gay rights movement in America, a guy named Steve end. He was disappointed, and I was disappointed that he was disappointed. He said, here's the problem. I'm trying to get people to sponsor gay rights bills in all these legislatures, and I've been bragging about how many straight people I have supporting the bills. Every year I find out another one is gay. I had then decided by the end of the 70s that I was going to retire from politics and come out publicly. I'd gone to law school and I was going to become a practicing lawyer, and then the Pope intervened, a specifically there was a congressman from the district next to mine, who was a very liberal Jesuit priest, and Pope John Paul the second ordered him not to run again. That created a vacancy, and I ran for it..
"barney frank" Discussed on Vox's The Weeds
"I think the the lack of cost is important to dig into here because obviously there is a cost to participants in the industry who enjoy having very high return on capital. We talk about this and yesterday's show but you know if you can find your investment with a lot of debt then your upside is enormous. The investment pays off. Well so you know people like to do that if they can get away with it normally in life. It's hard to get people to lend you. Money to make speculative investments. That's a heads. I win tails you lose. Sort of situation. But if there's a sense that you might get bailed out you know you can do it. And this is why. We need to regulate banks. The people involved with like you to believe that this is very costly to the economy that by making it less profitable to sort of be in banking. You're going to reduce the availability of credit of capital two people who who rely on banks to get the money but you say that that's not the case. So why is it that you know if i wanna mortgage. I want a small business loan like why doesn't it. Putting tighter capital requirements and banks make that harder for me as a customer sure so from the bank's point of view it is substituting one form of funding for another so instead of funding with dat is funding with equity or retained earnings And so it is. Substituting on the liabilities is basically saying we're going to change our balance sheet so that we're not using this thing that's we like doing more. And certainly at the margins we think that the cost of switching from one to the other has very little cost for that bank itself like if you increase requirements ten percent maybe the cost of capital goes up less than half a percent like. That's the kind of small basis points kind of change and even those might be exaggerated. It's really tough to do these studies. But that's that's the kind of scale talking about also particularly for real economy firms that need money for investments. They themselves have other options to i. You know your tidings regulations on the very biggest banks who we think have real stressors but like there are other things that can lend community banks can lend other your internalizing the cost of the failure of these largest banks over fifty billion dollars in size but there are other financing instruments in the economy as well so between those two things. There's a tendency to think that this has very little low cost and we see this because since two thousand eight to the cova crisis we essentially more than double capital requirements in banking system. And it's across all measures and there's a lot of different ways to to measure this. But in general the banks become significantly more capitalized in the aftermath of the crisis in the years after the crisis and then they keep that rate there because dodd frank forces them to even though they're angry about it and there's no system wide decline in lending or increase in lending causse because those are also largely determined by the federal reserve in aggregate demand Another way to approach is that if an activities profitable someone will lend to it. And they'll find a way to lend to at and that's kind of the flip side of that equation so we did this big experiment where we rapidly increased capital requirements the economy and basically no one says that it had a huge cost. The fight is whether or not the causes even really that measurable and you can just go out. I mean go apply for mortgage tomorrow. Like it's. There's a lot of credit available in the united states of america. But then so okay so. We were going to talk about pout so capital requirements. I went up under obama because of dodd frank and then they went down again somewhat Under under the trump administration. So the reason talk about fifty billion i think is a is a good way to approach a set of things that were deregulated so people ask. Where was the big bipartisan infrastructure. Bill of the trump years and they're actually was one in two eighteen. There was a big and push to deregulate. Parts of dodd frank. It was called something or willion. What is it. The economic growth regulatory relief and consumer protection act Which was basically very few of any of those things and what it did was congress that we're going to take that fifty billion and move it to two hundred and fifty billion and say we're no longer gonna worry about fifty to fifty if there's any worries in between there. The federal reserve is authorized explicitly in this act to step in and do things to make sure baseline projections are in. But we no longer want this enhanced regulation until you get to fifty because we as congress bipartisan group. Wanna really just focus on the biggest place. Now there's a lot of regional mid size banks in that which are very influential and purple states and very influential in terms of their power in congress and they asked for this and they got it. We were very opposed to it. Financial reform community in general is very post to it. I think there's argument. You could have moved. Fifty to one hundred janet yellen when she was at the fed barney frank himself later on so that might have been good but going. The fifty was really far beyond people thought that deregulated several trillion. Dollars on an important way. And these are like you know. Mnt bank santander ameriprise. I mean these. Are you know like have stadium. Sponsorship deals they're large large enterprises. They're not the biggest banks in america. But they you know. I mean i think you have. I think should have at least the question of can you really wind these these firms down in a clear well organized way you know. And that's the kind of basic regulatory concern. And they're being now let off the hook to an extent. Yeah absolutely and so jay-paul becomes ferries of chair and quarrels Randy cross Charge of regulations within the fomc. And they do two things that really upset. The financial reform community one is that they basically zero out regulations. That weren't even in that bill for firms between one hundred and two hundred and fifty billion in size so where we fought against this bill back back when it was passed in a lot of moderate. Dem staffers were like you. Know if there's a real problem between a hundred and two hundred billion size like the federal step in was like no. They're not like this like it felt like almost like oh my god you really do think like view. Believe that i think you you might even just be naive here. And the fed not only didn't stop and they removed living will requirements. They just eliminated them for banks up until two hundred and fifty billion and they eliminated some liquidity capital requirement but basically a certain kind of cap requirement that says you need to be able to make payments for thirty days in case the markets frees up on. They just eliminated that for up to fifty so they took what congress told them to do. Which is to say taylor and right size for up to two fifty and just sweat a lot of stuff away for banks that don't get the headlines. The bad actors in the financial economy away like goldman sachs might get a headline. That's very bad or do things that really stand out in the public but banks that do pose a real financial risks. That could collapse and could have real problems. They do that the next thing they do and they do this over the next several years going into cove. Ed is that they say you know what we're so interested. In only focusing on the largest banks we're going to extend a significant amount of regulatory relief in these areas to banks up to seven hundred billion dollars in size so they are now taking kind of with the directive was that bill but then going way outside the legislation of it and basically saying we are going to make living wills required less offense like every six years for banks up to seven hundred billion in size. And we're going to significantly weakened capital requirements particularly the kind of capital requirements. That are lake the most strict but also the ones the banks hate the most things like liquidity ratios. And things like that. And so now you've taken congress saying like we want to weaken on some of these mid size banks and then the fed goes further in the weakening of those banks and then takes way up the the scale..
"barney frank" Discussed on Boston Public Radio Podcast
"I want to correct you. I wanna correct that line. Because it's attributable to a local guy who you may have heard of barney. Frank who i think specifically says abortion opponents believe life begins at conception and ends at birth which is one of the great lines and sadly i think true. You know jonathan. I want to skip from not skip from but segue from economics to politics. I was gonna say to you. But i'm gonna hesitate a little that as convincing as the research shared with us is. It's my reaction originally at least initially. Was you know. It's a nice academic exercise. But it has no impact on anybody's thinking. And before i said it to you i remembered somebody marjorie probably remembers but you probably don't name. Was debbie weinstein. Who ran something called the mass human services coalition. And she was lobbying for a winter coat allowance from legislature. I think it was something as small as fifty bucks and she was unsuccessful year after year and getting the legislature approved this on humanitarian grounds on moral grounds on decency grounds and she had an economic analysis done and showed that almost all of that fifty dollars will be spent in small local businesses clothing outlets. So that only was it good for the poor person who couldn't afford a decent outer garment for herself for her family or whatever but obviously it was good for surrounding small businesses and ultimately that turned the tide and the legislature ended up approving this clothing allowance so my long winded setup for the question for you is heavy. Thought about the politics of this. I mean it's a tough one to discuss an economic terms. But if you thought about whether or not the arguments does move anybody on the margins around these issues or no you know i mean jim. I'd love to think so. I think that that's why. I really want to emphasize to my mind. So just speaking personally. It is very influential. How i think about the abortion debate. But that's why. I want to say that in some sense to me. It's almost there's whether it moves your opinion but it's also making people realize that the decision-making abortions have consequences for a nation decades. And that i would like to think that would affect people sticking in two ways one is. I would like to think that if someone is truly on the fence about abortion then maybe this would influence their thinking about how they feel about it but my guess is that's not a lot of people but the second one influence it is. I would hope that people it would make people who are opposed to abortion recognize that they should then realize there's a moral obligation in my view to vote for more support born because because abortions restricted. You know i. I think there's two ways that one is influencing if you on lesson many but i think it's unambiguous unambiguous. That people cannot turn a blind eye to the need. The extra needs that will emerge as these kids are born. But you think this is important because there's also this cavalier line well you know women have abortions as a form of control and women have abortions. Because they're upset that it's going to ruin their sophomore year of college and when you look at really what goes on. I mean forget back. When john salvi shot shop the abortion clinics in brookline..
"barney frank" Discussed on TalkRadio 630 KHOW
"Against terrorism and again. It wasn't at the Iraq war was such an important issue. It wasn't such a great cause. I mean, now we look back at it and do it as historical mistake. But the left just savored the idea of getting rid of this guy Lieberman. He was a good senator. He had represented the state well, and it was six years after he was the vice presidential nominee. And I remember feeling that as a moment of Complete exclusion, and I think that really cemented what has been a long time coming for me in terms of rethinking a lot of my views about the Democratic Party and liberal policies in general. From then on. I Really began to consider myself at first, somewhat a political and then Conservative and I went through the rest of my law school career. As a conservative as a Republican and emerged after graduation as a tea party Republican like most that make the switch to the right Once you see the hypocrisy of the modern left, it can't be unseen. Their self proclaimed tolerance is a big fat lie as that reality sets in, it can sometimes make you vocal. That's what happened. Withdrawal in 2009 As a student at Harvard Law School, he was given the opportunity to question one of the primary Washington D C players in the 2000 and eight financial crisis. I got involved in a question and answer session at Harvard University when then Financial services Committee chairman representative Barney Frank came to deliver an address about the Future of the financial system, and he gave a speech where he basically trashed everybody would ever come before him particular Republicans, Jill had planned a question about the tax code. But when he witnessed the congressman's complete deflection of blame on the financial crisis, he changed course. In your account of how the subprime mortgage crisis came about. You.
"barney frank" Discussed on 600 WREC
"Saddam Hussein's. This was a position that many Democrats shared, including Hillary Clinton. But unlike Clinton, Joe Lieberman would become a sacrificial lamb for sticking to his decision, and he was thrown out of the party for standing with the Bush administration against terrorism. And again. It wasn't at the Iraq war was such an important issue. It wasn't such a great cause. I mean, Now we look back at it and do it as a historical mistake. But the left just savored the idea of getting rid of this guy Lieberman. He was a good senator. He had represented the state well, and it was six years after he was the vice presidential nominee. And I remember feeling that as a moment of Complete exclusion, and I think that really cemented what has been a long time coming for me in terms of rethinking a lot of my views about the Democratic Party and liberal policies in general. From then on. I Really began to consider myself at first, somewhat a political and then a conservative, and I went through the rest of my law school career. As a conservative as a Republican and emerged after graduation as a tea party Republican like most that make the switch to the right Once you see the hypocrisy of the modern left, it can't be unseen. Their self proclaimed tolerance is a big fat lie as that reality sets in, it can sometimes make you vocal. That's what happened with Joel in 2009 As a student at Harvard Law School, he was given the opportunity to question one of the primary Washington D C players in the 2000 and eight financial crisis. I got involved in a question and answer session at Harvard University when then Financial services Committee chairman representative Barney Frank came to deliver an address about the Future of the financial system, and he gave a speech where he basically trashed everybody who had ever come before him particular Republicans, Jill had planned a question about the tax code. When he witnessed the congressman's complete deflection of blame on the financial crisis. He changed course in your account of how the subprime mortgage crisis came about. You mentioned the Reagan administration, the Bush administration, the Republicans in Congress, conservatives..
"barney frank" Discussed on TalkRadio 630 KHOW
"Against terrorism. And again. It wasn't that the Iraq war was such an important issue. Wasn't definitely great, cause I mean, Now we look back at it and do it as a historical mistake. But the left just savored the idea of getting rid of this guy Lieberman. He was a good senator. He had represented the state well. It was six years after he was the vice presidential nominee. And I remember feeling that as a moment of complete exclusion, and I think that really cemented What has been a long time coming for me in terms of rethinking a lot of my views about the Democratic Party and liberal policies in general. From then on. I Really began to consider myself at first, somewhat a political and then Conservative and I went through the rest of my law school career. As a conservative as a Republican and emerged after graduation as a tea party Republican like most that make the switch to the right Once you see the hypocrisy of the modern left, it can't be unseen. Their self proclaimed tolerance is a big fat lie as that reality sets in, it can sometimes make you vocal. That's what happened. Withdrawal in 2009 As a student at Harvard Law School, he was given the opportunity to question one of the primary Washington D C players in the 2000 and eight financial crisis. I got involved in a question and answer session at Harvard University when then Financial services Committee chairman representative Barney Frank came to deliver an address about the Future of the financial system, and he gave a speech where he basically trashed everybody would ever come before him, particularly Republicans. Jill had planned a question about the tax code. When he witnessed the congressman's complete deflection of blame on the financial crisis. He changed course in your account of how the subprime mortgage crisis came about. You mentioned the Reagan administration, the Bush administration, the Republicans in.
"barney frank" Discussed on 710 WOR
"So look, I get it. I'm a conservative. I don't want regulation, but at the same time if the playing field isn't level if there's never going to be competition Then you have to have some remedy. You know. Traditional media, of course, has never been very friendly to the former president, except for Fox. But now Fox is no longer giving oxygen to many of the things that are important to The former president. They don't seem to even necessarily support him. So what's going on over there? What's your take? Well, I will tell you that. There's a reason that Newsmax is now the fourth largest news network in the country are ratings that sore because it's not that we're you know, a pro Trump network were fair network. We carry events and allow people to Make a decision. We carried the President rally two weeks ago, and almost three million people tuned in. That tells you that there's not much we didn't do commentary during it. We allowed people to hear the speech and make their decision as to whether they like do they didn't I think that's the problem right now. Overall, with all these networks that they're trying to tell you not just what you hear, but what not to hear the shielding you from people and ideas. That's the problem. The funny thing is I have I have on my show every night, right? We we, and if you watched it ever we have a fairly We have a very civil and respectful conversation. I had Barney Frank on the other day. Some my viewers weren't too happy about it. But he said afterwards, I really appreciate the idea that we could go on and have a civil discussion. We have opposing voices. We have people that we disagree with. The other networks are now shutting out anybody that supports. Exactly Trump is quote not allowed John countries that now, Sean, we got to run and I'm telling you, the ratings are going to go through the roof when I'm on your show next week, so, yeah, so just sit back and relax and no. Alright Sean Spicer, He ho Spicer and company weeknights on news back six and nine o'clock and I will be on with Sean. Next week when we get back Tropical Hurricane Tropical Storm I should call it. Elsa, let it go. Let it go, is headed our way. We'll get the latest from Ken Boone. W o ours. Weather Channel meteorologist that's coming up next. I'm burning vitamin C W O R traffic.
"barney frank" Discussed on Biz Talk Radio
"He tried to do something to rein in Fannie and Freddie back in, like 6 4007. So he probably he maybe had some behind the doors meetings where he saw this kind of thing coming up with the whole housing crisis. I think he did He he realized that Fannie and Freddie were getting too far extended. But at that point in time, the Democrats in Congress shot at his house at all. You're just trying to protect the profits of your rich buddies in the banking business, and Fannie and Freddie or just fine. There's no problem there. Then. Of course, they collapsed A couple years later. What a very frank have to say after that. Well, this is supposed to stay not ready. Just run away with me and Barney Frank. He said. Well, after strong consideration, I have decided not to run for office again, right? Yep. Because well, if it all goes to show you that the individual marketplace is a wonderful, wonderful break and a wonderful, wonderful filter on things getting too carried away. Not that not that that's gonna be private. You're always gonna have recessions and market corrections. But when you throw in great big government interference that ignores a lot of market signals that people know we're right. You're really multiply the bad effects and boy we went through it, and we went through it in page on steroids from like 2008 to 12 4013, and you detailed it so well talking about all of the terrible sideline effects with regards to marriage is ending and God forbid, Worst up in that and people finally pulled out of it. You think they've learned that I am hearing on a somewhat related note? The same type of thing is happening with student loans these days, as well with the loans that were given out when you're getting these loans for college degrees that have maybe a 5% chance of generating the salary needed to pay it back. That's the kind of stress and said that you're finding these days. Two people are putting off having kids buying houses, you know, starting their own businesses. Because of this, I see a similar potential crest. You're right. You know federal government interference in private business? Certainly, I'm not saying we don't need government regulations. I do. I'm a big fan of government certainly do it sensible government regulations. But what's that? Well since 2010 the federal government has been the sole dispenser of college college loans for people, and here's what started the standards for these loans have been very, very loose for lots and lots and lots of years. And people have been complaining about on this kind of gets together with credit excesses we saw in the housing market too. But people have been complaining for years about Oh, my God. College costs are going up much like double and triple the rate of inflation. Well, guess why. Because because the federal government was providing the money. Oh, yeah, You qualify for this and you can pay us back after you graduate. So here's what was happening. The the college administrators were saying Going back. Maybe 15 20 years while she was, you know, our school is full right now, let's raise the rates by 5% next year and see what happens and Lo and behold, the school was full again. There you go, and the next year, they said, Well, that worked out pretty well. Let's raise the rates again by 5% or sold and let's see what happened on the school was full again. So as a result of the federal government interference in the private marketplace, college tuition costs, college costs have gone. Up several times the rate of inflation and now it's recognized as a great big crisis. And of course, some people are getting degrees in, you know, prehistoric Inca stone mining generally minor juggling something like that. Uh, can't find a job. I know one very, very bright young lady who got a degree have cost her about $65,000 in photography. Ah, probably not a real good career choice. Anything I could do on my phone If I'm in the right, Probably not a real good career choice. Wow. So now you see people like liberals Elizabeth Warren saying, Well, we've got to do something too. Alleviated college debt. No, so the government should take over and pay back all this college debt, relieve the students of it and the way they can do this is by having a 2% tax on the extremely wealthy, extremely wealthy with a net worth over $50 million. It's just funny to me. I know you know what? I'm grateful to them for showing their true colors prior to the election, But that kind of thing obviously wouldn't work. Are you going to retro which all the people who did pay back their college loans or you gonna retro to the people? Who would have gotten more expensive college and chose to go wisely to your local community college Instead, it's just hilarious how they throw out these ideas with no answers as to how to answer the tough questions. But the real point of this of this particular discussion we're having here Chrissy is that government interference and private lending has always lead to real bad impacts, especially in the housing market. Because When the federal government policy was to try and Jack up the homeownership rate, right the way they did that was by lowering standards on home mortgage. Exactly, And that's what we wanted up with all of these mortgages that people couldn't afford. And when the price down turn began. A lot of people just came through the keys of the s and l said Okay, here it is, Boss. Take it over. You enticed personalities that we're not going to act responsibly in a financial downturn, And that's just the kiss of death. That's exactly right. The same thing is happening now with will to college loans. Not.
"barney frank" Discussed on WBSM 1420
"Fresh dot com slash how we 12 Somebody talk like job But please, Taylor. What's the poll question, please. What are the results thus far? Matt Gates, the guy, you know. Thing still be in the Senate. I mean the Congress by the end of the City Council. Yeah. No, he won't pay. This doesn't mean I believe he's guilty. I just think he's gonna He's on his way out. He just wants to get out. I wouldn't be surprised to bump into him in the halls here in a few months, 6000 and 1% of a $600 61% say yes. All right. 39% say No. Okay, Officer, Mark says how we met Gates. Only sin was that he didn't date a boy. And you may be on this side. We'll look Gerry Studds in Massachusetts all those years ago got away with it. What he would have been tried with statutory rape if it had done in D. C. What he did to that kid in Spain. There was Barney Frank and hot bottom. And the congressman from Illinois at the same time was going a guy congressman Crane at downstate Illinois. He was a Republican, and he was he was what they call a woman, a young female. And turned He was thrown out of Congress. Like that. Was because he was a Republican. Or because he was a heterosexual or both. I would say both. Anyway. 844 542 42 were to go back to the calls. We're gonna have some cuts for you from the Biden Biden. Speech this afternoon, But I want to read you a couple of stories about the hysteria that's being gender up on the to keep the keep the panic going. This is a headline from CNBC. Mutations could render current Koven vaccines ineffective in a year or less. Epidemiologist warned. Those surveyed almost the third gave a timeframe of nine months or less. And then the vaccines will be in effect. It will have to go back to the lockdowns, and you won't be able to do anything anywhere. And the schools will never reopen in the vacations will continue for the teachers. This is the latest goalpost. Howie. This is how they get everybody to take the vaccine so we can just have the dying of the virus and die off so it doesn't create any more variants. So I've been in journalism lie enough. I know when someone's excited writing a story. They got this reporter down here who writes the stories. She she loves to stir it up, she said. She's like a Charlie a female Charlie Parker. Listen to this lead the number of people with a very inversion of the Corona virus more than tripled in Palm Beach County in the past two weeks as infections exploded. Listen to those viruses.
First buses with undocumented teens arrive in Dallas
"So right now. There are fifteen thousand kids minors in the custody of the us federal government. So many they have to move them up to dallas hundreds of miles away from the border and put them in a convention center. That's trump's fault. It's just it's when you hear pelosi and these people say that that should anger you. I mean if a person lies to my face it angers me and it should anger. You remember barney frank. Remember google o'reilly barney frank. All right so let's get to the interview. I got five clips for you. The first one is georgie. Asking about the border because the producers said to him you gotta open with the border because that's the big story roll it. Let's talk about the crisis at the border. Some heartbreaking scenes down there right now and a lot of the migrants coming in saying they're coming in because you promised to make things better. It seems to be getting worse by the day wasn't a mistake not to anticipate this urge. First of all there was a surge the last two years and nineteen and twenty th. There was a surge as well. This might be worse. No well it could be. But here's the deal. First of all the idea that joe biden said come. Because i i heard the other day that they're they're coming because i'm a nice guy and i won't. Yeah well. here's the deal. they're not. The adults are being sent back number one number two. What do you do with unaccompanied child comes to the border to repeat. What trump did you take them from their mothers. Okay here's the deal. Nobody's taking anybody from their mothers. Because seventy five percent of the miners coming over are between fifteen and seventeen years old and they're males now stephanopoulos. Should've known that would mean taking away. The mothers you think these are kindergarten kids walking across the rio grande river. Is that what you think. Seventy five percent of fifteen seventeen years old under men george. So there's biden know that i don't know what biden knows. It's my job as a journalist to find out. I would say mr president you. Are you wanna wear that. Seventy five percent are males in their late teens. You're not taking them away from their mothers mothers. Have nothing to do with this. Somebody number two. We are in the migrate zone. Still go i can say quite clearly. Don't come and we're we're in the process of getting set up and it's not going to take a whole long. Time is to be able to apply for asylum in place. So don't leave your town or city or community. We're gonna make sure we have facilities in those cities and towns run by and also access with hhs health and human services to say you can apply for silent from where you are right. Now make your case
"barney frank" Discussed on KSFO-AM
"In Emily Those ones there. 237 b r E 01874818? No Before you Oh remembers an activist groups advocating to replace the police Department, which I believe they already cut. And they voted unanimously Friday to approve the additional funding funding that police requested. The department says it only has 638 officers available toe work roughly 200 fewer than usual. I wonder why who's gonna want to work there? The mob continues to obsess, you know, And this is the great hypocrisy to that We can't ever allow. What happened at the Capitol ever happened again. I've been saying it every day and every night You can't allow that. How did they breach that and the fact that we had intelligence And that at the FBI knew and that Congress men and women knew. Apparently according to Congresswoman Cossio Cortez. Well, what did they all know? And when did they all know it? Why didn't they all say something? And if they did say something? Who did they say it too? Because then we would have had the proper security to protect our capital, The people's house, our institutions and yes, every elected official needs to be protected. Everyone Isn't about politics. But you know, he just had, for example, by my count. We've had what tend left wing protests in New York City in the last What? Nine months. As you know, we had, you know, things were getting out of hand again. Police arrested 11 people in New York who allegedly bit a cops leg when an anti cop protest Turned violent in New York City on Saturday. 100 people I'm sorry. On Friday, 100 people converged on midtown New York defund the police demonstration organized, according to The New York Post by black lives matter. Six women, four men charged with disorderly conduct obstructing government administration One guy was arrested for kicking one officer in the foot while and biting another officer on his thigh. Okay, Well, they have no bail in New York. You know, that means they arrest him and put him in jail. They let him out. I mean, it's it's insane. That this is happening. It's it's madness. And it's not just of course in Portland, Portland, you have You know, left this activist pelting police now with snowballs. Well, I guess it's better than bricks and Molotov cocktails and better than frozen water bottles like we watched all summer Yetta. 100 protests out there. F and then that you know Astra's Astra's taskers 12 You know that was in, Let's see in midtown Manhattan. And then you had F 12 or anti police terms that mean F The police reference to some police TV show Adam 12 1 Adam 1212 member that Anyway. And, like Barney Frank was another police Barney Miller rather was was money. Frank was a former congressman Barney Miller was a former Police show from New York City's 12 precinct. Anyway, that's apparently fairly well known. I didn't know until I read it today. Um, you still have Cuomo just, you know, going out there. This is getting really bad for him. George Pataki. Former governor now. Thanks. Yeah, the issue of You know this nursing home death cover up. Should result in in him being taken out of office. But they don't have any recall effort like they do out in California, and that's that's taken on Lot of urgency out there. There's Ah now there's a lot of talk and a lot of studies that have been coming out of the damage that is done toe people, families. Three. AP had a big report that for many couples, for example, that we're going to be getting married. The pandemic has wreaked havoc on their wedding plans, bolstering You know, I've been putting a lot of stress on relationships or couples already married. It's posed and you know a lot of new tests. Some get closer. Some people of you know, falling apart and marriage is that that is now resulting in a lot of divorce around the country becoming an epidemic. Assed. They give a lot of details in this piece. In December, Biden promised Americans that he would only call for masks until April. And anyway, that was his declaration, but member he's gonna He's gonna Vaccinate 300 Americans in the summer. Said it twice last week. 300. We're gonna have 4 to 600 million doses. But we're gonna only on Lee gonna give the vaccine to 300. Um, so people are pretty angry anyway. Coma, Cuomo now has Republicans and Democrats calling for his resignation in New York. And there is one politician now calling for his Emmy to be taken back. He got an Emmy Award, wrote the book about leadership in the process. His longtime nemesis, Comrade de Blasio, calling for a full accounting of Cuomo's alleged nursing home death cover up. Not even alleged. At this point. Now we have a real whistle blower with a real identity that now has come forward and said, Yeah, all of this is in fact has happened. So a lot going on there. Um Now which watch Joe Biden's agenda. You know, it's funny, because now the Democrats they want they want to go into Maurin vesting ations into Donald Trump. I found it pretty interesting. Red States headline. They can't quit him. Democrats New plan on how to get Donald Trump Like Syria, we had another plan. He's out of office. Nancy Pelosi ruled out censure because, she said, it's a slap in the face to the Constitution. It lets everyone off the hook. And then she's we censor people for using stationary for the wrong purpose. Uh huh. Okay. House Democrats issue a stark warning about their own party and 2022. Some Democrats see that this is not going good for them. Joe Biden's team, apparently behind the scenes is in a bit of a panic is You know, we're going to spend the entire first year of the Biden presidency, maybe the first two years, always talking about Donald Trump, meaning his Democratic supporters. I mean, if you look at Joe Biden's agenda, Senator Blackburn Marsha Blackburn of Tennessee, warning Biden that China is not our friend. She said she hopes Joe Biden understands the threat that China's now posing. That's what former Secretary of State Mike Pompeo was saying as he was leaving. That position. China is not our friend, she said. They are our adversary. They practice civil military fusion. You never know where one piece ends and the other begins. And he's you know. Lot of warning going out. Biden to Congress. Now, this shouldn't surprise him. Anybody remember he was gonna make bait? Oh, bozo or orcas. Guns are Daily wire is a piece today about Biden to Congress and act major restrictions on the Second Amendment on your Second Amendment rights. Well, that came up in the election, too. Manning gun bands and new laws that will allow People to sue gun manufacturers. That's part of it. Why would you get too soon? Unless the Unless somehow the gun like backfires. It doesn't work properly. People that misuse a firearm that is a crime. Why would you hold the manufacturer that sells the gun responsible with people that.
Today marks 10 years since Lehman Brothers collapse
"Simon. The Carolina coast wakes up today to damage from wind and water. That includes Beaufort, North Carolina, a city of four thousand that's on the edge of the Outer Banks, the mayor there is written and he joins us. Now newton. Thanks so much for being with us. Good morning, Scott. How's your city doing? Well, we were very much in a recovery mode right now, we have a lot of downed power lines. We have downed trees. So we're asking those that evacuated. Please stand by while we clear pass for them to start