Huh ??? -That Can't Be Right... Quote From Barney Frank Last Night, On Elizabeth Warren...

[WillyT]

On the Rachel Maddow Show...

MADDOW: Congressman, one question for you about the Dodd-Frank Act. The Wall Street reform act that bears your name, signed into law a year ago. The Consumer Financial Protection Bureau created as part of that act, is in business starting today. It‘s still being fought and trying to be undermined by Republicans. At this point, do you feel like its future is still uncertain, or do you feel like it is here for good?

FRANK: It‘s here until and unless the Republicans win everything in 2012. Look, here‘s what they have done, Rachel, briefly, in the last few months. First, they tried to—they are trying to postpone any new regulations of derivatives and they specifically want to stop us from dealing with speculation that‘s driving up energy prices. Secondly, they don‘t want to provide the money that the Security and Exchange Commission and the Commodities Futures Trading Commission need to regulate all of these things.

...

...

You know, I have been in this business a while. I have never seen a tax cut put out a fire. I have never seen a tax cut fix a highway, or do medical research that we need. Here is the danger the right-wing faces with the consumer bureau that Elizabeth Warren did such a good job with, although she was inappropriately not rewarded by the president. It‘s going to be a case—here‘s the deal: their argument is the big bad government is a threat to us. The Consumer Protection Bureau as most Americans understand is the government protecting them from abuse by private financial institutions.

And they are terrified that the public will see that there is value to a public institution that can prevent them from being abused by private institutions because it undercuts the whole rationale that the government is always bad, always a problem. And that‘s why we are fighting so hard for it.

Link: http://www.msnbc.msn.com/id/43857000/ns/msnbc_tv-rachel_maddow_show/

Damn... I thought Barney knew she didn't want the job. Why would he say such a thing?

:evilgrin:

:hi:

[Name removed]

1. Deleted message

Sub-thread removed by moderator. Click here to review the message board rules.

[Zenlitened]

2. Puzzling, isn't it? - n/t

[WillyT]

3. Yeah...And I'm Also Puzzled By The Deleted Sub-Thread

Really ???

I took it as a gentle ribbing.

:shrug:

:hi:

[slipslidingaway]

4. knr - Strange comment to make if he knew she did not want the job. nt

[WillyT]

5. That's What I Was Thinking...

*crickets*

:shrug:

:hi:

[slipslidingaway]

6. Well I'm glad you caught it, thanks n/t

[Jakes Progress]

7. Why would he say that? Because he knows the real story.

He doesn't have to rely on press office scripts.

Sure she didn't want the job, just like all those republican liars who quit just wanted to spend more time with their family.

Me? I hope she runs in Massachusetts. Tell the truth about what happened to her? Don't think she would get much campaign help from the WH if she did.

Sometimes conspiracy theories are there because there are conspiracies.

[Marr]

8. C'mon-- that's not fair.

Obama asked his bosses at Goldman and they said no.

[Safetykitten]

9. Very interesting. Barney did not get the script from re-write.