Barney Frank: You Wanna Talk About Spending, How About Iraq?

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February 1, 2009 11:53 AM

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In the public debate over the stimulus package, Democrats have found themselves largely on the defensive -- forced, at first, to explain the inclusion of business tax cuts at the Obama administration's behest, then asked to justify spending provisions that drew Republican ire.

On Sunday, Rep. Barney Frank did his best to flip those dynamics, playing a card that has largely -- somewhat surprisingly -- gone unused: the war in Iraq.

From his exchange on ABC's This Week with Sen. Jim DeMint:

DeMint: Let's not say it's a stimulus when it's a government spending plan. All of the things, the needs in our society, education, these are things we debate every year.


Frank: Spending can be stimulus. I don't understand.

DeMint: It's the largest spending bill in history and we're trying to call it a stimulus.

Frank: The largest spending bill in history is going to turn out to be the one in Iraq. If we're going to talk about spending, I have a problem when we leave out that extraordinary expensive, damaging war in Iraq, which has caused much more harm than good in my judgment. I don't understand from my conservative friends, building a road, building a school, helping to get health care, that's wasteful spending. But that war in Iraq, that's going to cost us over a trillion dollars, yeah, I wish we hadn't done that we would have been in a lot better shape fiscally.

There are differing opinions over just how much foreign wars have contributed to the current state of the economy. From a strictly numerical standpoint, the cost of Iraq constitutes a small portion of the GDP.

But the argument Frank makes is that in the context of chiding government spending, self-purported fiscal conservatives should not be entitled to selective memory. So when George Stephanopoulos jumped in to say the issue could be fodder for "a whole other show," the Massachusetts Democrat had none of it.

"That's the problem," said Frank. "The problem is we look at spending and say don't spend on highways or health care. Let's builds weapons to defeat the Soviet Union when we don't need them. Let's have hundreds of billions of dollars going to the military without a check. Unless everything is on the table, then you are going to have a disproportionate hit in some places."

In the public debate over the stimulus package, Democrats have found themselves largely on the defensive -- forced, at first, to explain the inclusion of business tax cuts at the Obama administration'...
In the public debate over the stimulus package, Democrats have found themselves largely on the defensive -- forced, at first, to explain the inclusion of business tax cuts at the Obama administration'...
 
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Well, if you really believe that Mr Frank, then when Obama leaves Iraq he can redirect the 10 BILLION we spend a MONTH over there to the "stimulus" package.
In other words abolish the IRS and the IMMORAL federal income tax.
So when government quits taking the fruits of our labors, we'll have more to spend and "Stimulate" the economy.

    Favorite    Flag as abusive Posted 01:26 AM on 02/03/2009
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Some Questions BANKERS before the Final Decisions:

1. Why is the Congress and the Executive Branch trying to make decisions without a General Accounting Office (GAO) Audit of the Banks Balance Sheets and their Off-Balance-Sheet Financial Conditions? Shouldn"t these Bank CEOs tell us a lot more about their CONDITION and How They Got there?

2. Why are Banks Executives Not Being Called in Front of Congress to testify as to what the On and Off Balance Sheets look like? Why is there a different requirement for the Banks compared to the Auto Companies?

3. Shouldn't Senators and House Members know the magnitude of the Problems they are asking Taxpayers to Fund?

4. Why are these Problems NOT Quantified before we spend $2 to $4 Trillion on these Corrupt Banks who should be left to follow the PATH they set for themselves?

5. Why can't government set up a Internet Bank that serves the people and businesses at low Rates and Fees directly? Government founded Fannie in 1938 to help the recovery from the Depression!

    Favorite    Flag as abusive Posted 08:07 PM on 02/02/2009
- JeffyBoy I'm a Fan of JeffyBoy 5 fans permalink
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how do you find your post or replies without looking through all pages

    Favorite    Flag as abusive Posted 06:55 PM on 02/02/2009

You want liberals to help you?

    Favorite    Flag as abusive Posted 07:19 PM on 02/02/2009
- LauraD I'm a Fan of LauraD 51 fans permalink

Are they actually reading these blogs? That's what I want to know.

Every time we get a good meme going regarding what "our side" tends to think and believe, here comes some Senator like McKaskill ("These [CEOs that took bailout money and bonuses] are idiots" - she's my new hero) or some Representative like Frank parroting EXACTLY what we've been saying.

It's almost like they're actually listening to us. It's so refreshing.

    Favorite    Flag as abusive Posted 06:36 PM on 02/02/2009
- jaglon I'm a Fan of jaglon 4 fans permalink

Rep. Frank is absolutely right on this one. Rep. DeMint's proposals for fixing the economy invloe mostly large tax breaks for the corporations (give them breaks but only if they close all their loop holes, I say) and, of course, the wealthy. Then DeMint would like to eliminate tax breaks for student loans, health costs for sick people and so on. Why does anyone listen to the republicans?

    Favorite    Flag as abusive Posted 06:02 PM on 02/02/2009

Barney's right, they can "count" the money spent on the war as outside the GDP, or classify it but nothing changes basic economics - what $ the US has is one big pie and what is used for one thing has to come from somewhere else. Anyone who doesn't see the link between locality shortfalls and lack of money and the war in Iraq needs to concentrate harder on connecting the dots.

    Favorite    Flag as abusive Posted 04:58 PM on 02/02/2009

Unlike most other prominent Democrats politicians who con veniently were against the war after they voted for it (Kerry, Clinton, Murtha, Edwards, Reid, Biden, Daschle, Dodd, Feinsten, Reid) at least Barney Frank actually voted against the war.

    Favorite    Flag as abusive Posted 04:51 PM on 02/02/2009
- LauraD I'm a Fan of LauraD 51 fans permalink

Well, when you're given completely inaccurate information, it's hard to blame them for it.

I, however, was against the war 100% from the very beginning. I remember the day we officially went to war with Iraq. I cried, because I knew it was going to be long, drawn out, expensive, and bloody, and I couldn't help but think about my friends and family who were going to end up there.

I will never forgive the Bush Administration for that war. Never.

    Favorite    Flag as abusive Posted 06:39 PM on 02/02/2009

Nor should you forgive the last of co-conspirators above. Before you go off on the Bush admin's role, go back and see quotes from Clinton, Al Gore, and Kerry 2 and 3 years before Bush took office.

    Favorite    Flag as abusive Posted 08:54 PM on 02/02/2009

Why did both my post get deleted? Help me to understand what I did?

    Favorite    Flag as abusive Posted 04:30 PM on 02/02/2009

Did you vote for Obama?

    Favorite    Flag as abusive Posted 07:21 PM on 02/02/2009

Yeah, but didn't you the the militarization of the US demonstrated ever so nicely at yesterday's Superbowl.

Here we are with an administration talking about diplomacy over aggression as the priority for our foreign policy and in a telecast viewed all over the world - they show fighter jets flying over the field.

Message to world: We will bomb the hell out of you. Weapons are what the US worships.

    Favorite    Flag as abusive Posted 04:21 PM on 02/02/2009
- -0013 I'm a Fan of -0013 10 fans permalink

The fighter jets have been flying over the Superbowl for many, many years. It wasn't some American "FU" to the world.

Grow up.

    Favorite    Flag as abusive Posted 05:52 PM on 02/02/2009

Ha ha ha, yes, they fly those planes because releasing doves isn't noisy enough. It has no military meaning whatsoever. Ha ha ha

    Favorite    Flag as abusive Posted 07:22 PM on 02/02/2009
- LauraD I'm a Fan of LauraD 51 fans permalink

They fly them over Commonwealth Stadium before the UK home football games, too. Is that KY's FU to the world?

I think you make too much of that.

    Favorite    Flag as abusive Posted 06:40 PM on 02/02/2009
- magen I'm a Fan of magen 14 fans permalink

GOP economic policy boiled down---------

Public money for anything involved in the military or the pentagon---GOOD.

Public money for anything else like healthcare, education, roads, things that help average working class Americans-­-------BAD­.

    Favorite    Flag as abusive Posted 03:50 PM on 02/02/2009

thats weird because more than majority of democrats voted for the war...sooo­ooooooo once again ur wrong

    Favorite    Flag as abusive Posted 04:17 PM on 02/02/2009
- drumz I'm a Fan of drumz 58 fans permalink
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Based on trumped up intelligence; you left that part out, typical.

    Favorite    Flag as abusive Posted 04:20 PM on 02/02/2009

Yes Barney - what about Iraq ??

    Favorite    Flag as abusive Posted 03:47 PM on 02/02/2009
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What is your point? It does not even make sense

    Favorite    Flag as abusive Posted 03:56 PM on 02/02/2009
- DEvans1 I'm a Fan of DEvans1 5 fans permalink

Here...her­e! I don't always agree with Barney Frank but he hit this one right on the head. While I don't condone the notion of "doing bad for bad", I do agree that Democrats should not let Republicans sit around, point fingers and bury the fact that it is mostly because of them and their Republican President that we are in this mess in the first place!

    Favorite    Flag as abusive Posted 03:26 PM on 02/02/2009
- groland I'm a Fan of groland 4 fans permalink

The GOP base is so convinced that government cannot do anything right that they happily fulfill their own prophecy. If we manage to straighten out the mess made under GOP rule, it will only prove them wrong. Thus, it is in their interest to obstruct any legislation or government plan that could actually work. This from the peole who gave us "country first".

    Favorite    Flag as abusive Posted 03:17 PM on 02/02/2009
- GJR227 I'm a Fan of GJR227 4 fans permalink

Barney should provide a video to Reid & Pelsoi.

Maybe they would learn something about the word leadersship.

    Favorite    Flag as abusive Posted 02:24 PM on 02/02/2009

Sen. Frank is right. I could not agree more. I am tired of republicans pointing fingers while never taking responsibility for their actions and failures.

    Favorite    Flag as abusive Posted 02:15 PM on 02/02/2009
- -0013 I'm a Fan of -0013 10 fans permalink

He's not a Senator unless Massachusetts is allowed 3 senators in this session of Congress.

    Favorite    Flag as abusive Posted 05:54 PM on 02/02/2009
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