Obama not invited when Rep. Frank marries longtime partner

Obama not invited when Rep. Frank marries longtime partnerBy Alicia M. Cohn - 05/18/12 05:04 PM ET Although Rep. Barney Frank (D-Mass.) earlier this month said he is “pleased” with President Obama’s decision to publicly support same-sex marriage, in a new interview the congressman revealed the president will not be on the guest list when Frank marries his longtime partner this summer. “If he and Michelle wanted to come, I would be delighted and honored to have him, but he will bring the Secret Service,” Frank said in an interview that will air Sunday as part of C-SPAN’s “Newsmaker” series....

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(Bawney) Frank gives Obama high marks on gay issues, rips marriage stance

Frank gives Obama high marks on gay issues, rips marriage stanceBy Mike Lillis - 04/27/12 05:50 PM ET Rep. Barney Frank (D-Mass.) this week gave President Obama high marks on gay issues, but said it's "a problem" that the administration has declined to endorse gay marriage. Obama this week stirred criticism from the lesbian, gay, bisexual and transgender (LGBT) community when, during a trip to North Carolina, he declined to weigh in on a pending state bill banning civil unions and domestic partnerships. Frank, the first openly gay member of Congress, said Obama's silence was expected but disappointing. "It's not...

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Democrats expressing buyers’ remorse on Obama's health law

An increasing number of Democrats are taking potshots at President Obama’s healthcare law ahead of a Supreme Court decision that could overturn it. The public grievances have come from centrists and liberals and reflect rising anxiety ahead of November’s elections. “I think we would all have been better off — President Obama politically, Democrats in Congress politically, and the nation would have been better off — if we had dealt first with the financial system and the other related economic issues and then come back to healthcare,” said Rep. Brad Miller (D-N.C.), who is retiring at the end of this...

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OVERNIGHT HEALTH: More retiring Dems pile on Obama for healthcare focus (Frank on Commiecare™)

OVERNIGHT HEALTH: More retiring Dems pile on Obama for healthcare focusBy Sam Baker and Julian Pecquet - 04/19/12 06:57 PM ET Rep. Barney Frank (D-Mass.) isn’t the only retiring House Democrat who thinks the White House made a big mistake by pursuing healthcare reform. In interviews with The Hill on Thursday, several more Democrats piled on, saying Obama hurt Democrats’ electoral chances. “I think we would all have been better off — President Obama politically, Democrats in Congress politically, and the nation would have been better off — if we had dealt first with the financial system and the other...

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Rep. Frank says he urged Obama to back off healthcare reform

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...

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Barney Frank's words struck from record (banned from speaking for the day)

Barney Frank's words struck from recordBy Pete Kasperowicz - 03/07/12 03:50 PM ET House debate on a capital formation bill on Wednesday quickly turned into a heated political fight between Rep. Barney Frank (D-Mass.) and House Republican Conference Chairman Jeb Hensarling (R-Texas), prompting Hensarling to ask — successfully — that Frank's words be stricken from the record. The two members fought over a bill from Rep. Ben Quayle (R-Ariz.), H.R. 4088, which was introduced recently and was inserted into the larger capital formation bill now being debated, H.R. 3606. Quayle's language would increase the number of shareholders that can invest...

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(Tax-cheat Timmy) Geithner: Dodd-Frank critics are toying with another financial meltdown

Geithner: Dodd-Frank critics are toying with another financial meltdownBy Peter Schroeder - 02/02/12 04:55 PM ET Treasury Secretary Timothy Geithner swung back at critics of the Dodd-Frank financial reform law Thursday, arguing that those detractors are pushing for a repeat of the financial crisis. Both in Congress and on the campaign trail, the Obama administration's reforms have come under fire. Lawmakers are pushing several bills that would repeal portions of the law, and every major Republican candidate has vowed to kill it as one of their first acts in office. But Geithner said such a rollback would merely make the...

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Rep. Barney Frank to marrylongtime partner

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.

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Fannie and Freddie Helped Spawn the Mortgage Crisis, and So Did Affordable Housing Mandates

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,...

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Ron Paul’s Soros Defense Plan

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...

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The watchdogs that didn't bark

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....

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