Barney “the Gay Dinosaur” Frank Drops Out of 2012 Re-Election Bid
Probably the only other thing he’s ever dropped is a bar of soap:
– The Hill
Rep. Barney Frank (D-Mass.) will announce Monday that he is not seeking re-election, ending a 32-year career in the House.
Frank, 71, is the top Democrat on the Financial Services Committee and the architect, with former Sen. Chris Dodd (D-Conn.), of the sweeping Wall Street regulatory reform law enacted in 2010.
He is scheduled to hold a press conference at 1 p.m. in his district, according to a spokesman, who said the congressman would announce at that time the reason for his decision. His retirement will deprive the House of one of its most colorful characters, a man known for his quick and often caustic wit.
Nope. The article doesn’t mention his pot smoking nor his homosexual lover at Fannie Mae, Herb Moses. Instead, we are treated to this:
His legislative legacy is likely to be the Dodd-Frank financial reform bill that passed in 2010 in the wake of the Wall Street meltdown that sent the economy into a tailspin in 2008. Hailed by the Obama administration, the law has drawn sharp criticism in the Republican presidential nomination fight, and one leading contender, former Speaker Newt Gingrich (R-Ga.), even suggested that Frank be jailed, along with Dodd, for their support of the mortgage giants Fannie Mae and Freddie Mac in the lead-up to the financial crisis.
And, which financial institutions responsible for the 2008 crash were exempted from Barney’s Dodd-Frank Financial Deform Legislation? Fannie & Freddie, that’s who!Explore posts in the same categories: Congress, congress sucks, Good News, politics