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Hilary Rosen

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Barney Frank -- the Man, the Quips, the Impact

Posted: 11/28/11 11:46 AM ET

Some of my favorites:

"Gay people have a different role than other minority groups... Very few black kids have ever had to worry about telling their parents that they were black"

"They're (congressional opponents) saying that my ability to marry another man somehow jeopardizes heterosexual marriage. Then they go out and cheat on their wives."

"The problem with the war in Iraq is not so much the intelligence as the stupidity."

"On what planet do you spend most of your time?" (in response to a critic at a healthcare town hall meeting)

I don't actually remember when I met Barney Frank. I just feel as though I have always known him. Always worked with him. As long as I have been trekking to Capitol Hill to seek fairness for the LGBT community, Barney's office was always my first, last and middle stop. We started working together during the AIDS crisis -- before he came out. Even then, he was aggressive, brave and strategic. Working with Ted Kennedy and Henry Waxman to get early money to fight the disease and protect the gay men who were being vilified on the floor of the House and Senate just for being sick.

For the next 25 years, Barney fought for us. When he burst out of the closet door in 1987, the splinters went flying. It was solely a testament to his intelligence, his passion, his commitment to a host of progressive causes and his loyalty to his colleagues and his constituents that he was so warmly embraced. It is hard to remember sometimes but that wasn't an incredibly safe and secure thing to do at the time. Public approval of gay people was pretty low, prejudice was still rampant and his career was on track to be Speaker, Senator, you name it. Nonetheless, he made the leap and he did it successfully.

It was because of Barney that the Americans with Disabilities Act protected people with HIV in the workplace. It is because of Barney that countless amendments taking away civil liberties for LGBT people did not pass the Congress and it is because of Barney, that the progress we have made as a community in the public is beginning to translate into good public policy. Sure there are others, both in and out of the Congress, but none with his intellectual heft, his raw political power and his unique ability to see the big picture.

Over the years, some in the LGBT community resented his all-powerful hold over our political agenda. They mistakenly thought that he was too unwilling to push his friends. I never felt that way. Just the opposite in fact. I felt more secure with him there. It is important to point this over the year's difference of opinion because now we will feel the true test of his absence. Has the groundwork been laid enough for him to leave? Is support for the LGBT community in good hands in Congress? We have a great Minority Leader Pelosi in the House, many friends and three smart and committed openly gay members of the House (one of whom, Tammy Baldwin we hope will be in the Senate next year). And in the Senate, Leader Reid has proven to be loyal and steadfast in his commitment. But Barney is in a class by himself. Time will tell of the impact of his leaving.

As for me, he will always be my dear friend. But I will miss his vote counting, his policy analysis, his creativity and his ability to cut the opposition in half without breaking an intellectual sweat. There won't be another like him.

 

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08:04 AM on 12/02/2011
Newt in 2012
05:50 PM on 11/29/2011
Best joke he ever told....

Freddie and Fannie's books are good
HUFFPOST SUPER USER
nkurland
I'm going to leave this planet alive
10:36 AM on 11/29/2011
As progressives, we shouldn't be afraid to be brutally honest about Barney's true legacy. Frank's retirement from Congress means the loss of one of the few House members willing to push for serious cuts to military spending. Likewise, he was also a stalwart advocate of LGBT rights. However, the Democratic party is also shedding one of the most pro-finance members of the House.

Each and every one of Frank's election campaigns was heavily supported by the financial industry (Open Secrets lists the Securities and Investment, Insurance and Real Estate Industries as his top 3 campaign contributors respectively during his tenure). As a result, Frank played a role in keeping more aggressive reform off the table during the drafting of Dodd-Frank. This ranges from helping to kill to Blanche Lincoln's derivatives provision, to helping to shelve the Franken amendment to reform credit ratings agencies. And despite the fact that problems at Fannie and Freddie, were tangential to the financial crisis, he was late to the game in recognizing them.

In some respects, Frank was great. In others, he was downright forgettable. What we're losing is a House member of limited utility. We're not doing ourselves any favors when we lionize him and make him out to be the hero he never was.
09:36 AM on 11/29/2011
Barney resigned so he can spend more time with "the family"....
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HUFFPOST SUPER USER
bobbythompson3333
GOP President Jan 2013
09:00 AM on 11/29/2011
He served long enough to send our economy into a spin....his work is done.
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Jenkem
Facts are stubborn things - Ronald Reagan
09:51 AM on 11/29/2011
Fanned and faved!
09:55 AM on 11/29/2011
bush bush bush bush bush bush bush - get it. it was bush.

not sure how one progressive liberal in the minority of the congress had the ability to "send the economy into a spin" as you say when it was the GOP led congress that sent spending bill after spending bill to bush and he never vetoed one bill - he never asked whether it was a good idea to pay for these tax cuts for the rich, pay for the wars, pay for the deregulation of wall street, or try to get discounted prices for medicare part D. but you go ahead and wear those rose colored glasses that lead you to believe it wasn't bush. oh did I mention it was bush?
08:15 AM on 11/29/2011
In 2003, Frank said Fannie Mae and Freddie Mac “...are not facing any kind of financial crisis ... The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing." He also said at the time that “I do not want the same kind of focus on safety and soundness (in the regulation of Fannie Mae and Freddie Mac) that we have in the Office of the Comptroller of the Currency and the Office of Thrift Supervision. I want to roll the dice a little bit more in this situation towards subsidised housing.†The result of his call for rolling the dice produced the massive increase in subprime lending that eventually led to the near collapse of the mortgage industry in the United States, and the resultant toppling of the financial house of cards spread all over the world. Estimates says that the collapse of the mortgage market in the United States and its spread around the world has caused the loss of $30 trillion in wealth by individuals and governments. If a single individual can be blamed for all of this, that individual is Barney Frank. And if Bernie Madoff is now serving a 150-year term in prison, what should Barney Frank’s sentence be? A thousand years? More? Probably.
HUFFPOST SUPER USER
efrallyn
my micro-bio is short & sweet.
09:14 AM on 11/29/2011
or how about him as well as ppl that bought into fannie and didnt do their research?there's a reason it was too good to be true..
09:56 AM on 11/29/2011
Frank was the only one in congress that said about Fannie and Freddie - not everybody needs to own a house. fannie and freddie should be concentrating on providing good quality RENTAL housing for people.

oh if you doubt me - I've followed Frank since 1990.
HUFFPOST SUPER USER
Photon55
07:43 AM on 11/29/2011
The right wing hacks demeaning Barney's service as noted in the comments in the HR have to realize that when the "Rise and Fall of the American Nation" is written it will the right wing malfeasance, misfeasance, corruption, greed and ideology that destroyed a once viable economy and society.
08:16 AM on 11/29/2011
Frank said Fannie Mae and Freddie Mac “...are not facing any kind of financial crisis ...

So much for "right wing malfeasanc­e, ................" etc.
08:53 AM on 11/29/2011
What year did he say that? Was it before or after the bubble burst?
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HUFFPOST SUPER USER
JrayTo
09:46 AM on 11/29/2011
"On what planet do you spend most of your time?"

-BF
nam medic
Service above Self ...Always
07:22 AM on 11/29/2011
When the history of the subprime fiasco is written, Barney Frank will be chapter one and the poster child for the bankruptcy of our nation.
HUFFPOST SUPER USER
ckdogs
07:55 AM on 11/29/2011
Where do you get your information? Re check your sources. This is totally untrue.
08:24 AM on 11/29/2011
Let Barney's words give you the information you need. Frank said Fannie Mae and Freddie Mac “...are not facing any kind of financial crisis ... The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing." He also said at the time that “I do not want the same kind of focus on safety and soundness (in the regulation of Fannie Mae and Freddie Mac) that we have in the Office of the Comptroller of the Currency and the Office of Thrift Supervision. I want to roll the dice a little bit more in this situation towards subsidised housing.â€
09:57 AM on 11/29/2011
one man in the minority of a gop dominated congress bankrupted our country - how did that happen when everything he would have tried could have easily been thwarted by the gop? hmmm?
01:37 PM on 11/29/2011
Frank was Chairman of the House Financial Services Committee, which oversees the entire finanical services industry! The subprime mortgage industry was his platform issue. Your argument is totally baseless. It's like saying Obama does not "own" Universal Healthcare.
06:18 AM on 11/29/2011
Ok. The guy was not the greatest. The learning curve for new blood to understand financing capital markets then win an election seems insane.
Lobbiest start sharpening your teeth.
HUFFPOST SUPER USER
HarryFromMA
09:37 AM on 11/29/2011
NEW blood? Frank was NOT new, and could investigate to find out, IF he wanted to. Then again, he got a pretty nice cash flow from Fannie./Freddie:
"All Recipients of Fannie Mae and Freddie Mac Campaign Contributions, 1989-2008"

1. DEM Chris Dodd: $165,400
2. DEM BARACK OBAMA: $126,349 (with LESS than ONE term in the US Senate)
3. DEM John Kerry: $111,000
11. DEM Harry Reid: $11,000
12. DEM Hillary Clinton: $76,050
18. DEM Nancy Pelosi: $56,250
22. DEM Rahm Emmanuel: $51,750
26. DEM BARNEY FRANK: $42,350
Then waaaaaaay down is....
62. GOP John McCain: $21,550
McCain is also the ONLY one from the list here that took NO PAC money.
He has about 1/2 of what Frank got, and WAAAYY less than the paulty three-year senator from Chicago, Obama. Frank took office in 1983, and McCain took office in 1987.
Some from both parties partook high and low on the scale, but these are our leaders in the WH and Congress now that Frank is a part of.
Thank Frank for his part in the crapping of our economy.
Obama is #2. McCain is #62
Frank is #26. McCain is #62.
Do the math on how much more, percentage-wise, did Dem Frank, Obama take, than McCain, accounting for the years in office for each contrasted with McCain. Frank only had a few years more than McCain.
Quite an accomplishment for Frank & Obama.
This comment has been removed due to violations of our [Guidelines]
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HUFFPOST SUPER USER
mech126
I believe government works, if you let it.....
02:56 AM on 11/29/2011
We will be less richer with his passing from the congress, i wish him well with his new life, he's earned it.....
08:27 AM on 11/29/2011
We are certainly less rich by his being in congress.
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HUFFPOST SUPER USER
mech126
I believe government works, if you let it.....
02:10 PM on 11/29/2011
Grow up....
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HUFFPOST SUPER USER
mech126
I believe government works, if you let it.....
12:00 AM on 11/30/2011
BTW, Barny has more honor in his little finger, then all of the the GOP in both houses, put together.....
09:10 AM on 11/29/2011
Like others he will enjoy his retirement and the increase in his net worth while in Congress. Too bad redistricing was taken out of partisan control. Good Luck Barney
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southingtonian
"I'm a Capricorn and you can't make me do sh*t.."
02:27 AM on 11/29/2011
I hope his absence from the governmental halls will not also mean his absence from the public forums. His quick mind is much needed in these times.
09:40 AM on 11/29/2011
I've always felt that people like Frank needed to shout people down since they never had much to say themselves....agree?
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southingtonian
"I'm a Capricorn and you can't make me do sh*t.."
11:22 AM on 11/29/2011
He has shown both good judgment and willingness to do so on a case by case basis.
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Noah Cross
Flying to London for some bangers and mash
12:36 PM on 11/29/2011
Okay, jb, let's have an example of BF shouting anybody down (Bill O'Reilly style for instance).
12:36 AM on 11/29/2011
Frank is a corrupt individual with a failed ideology. Under his direction, the federal government forced banks to extend credit to individuals that should never have received it. Clearly, this practice led to the largest financial collapse since the Great Depression, in which millions of blue collar working families lost their life savings. How could anyone, or either side of the isle praise this individual at this point?
01:40 AM on 11/29/2011
Well said, he will not leave soon enough. The damage caused by this single voice will take 10 years to recover from - Don't let the door hit you on the way out...
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unitron
My email notifications are in Spanish now...
01:55 AM on 11/29/2011
"Under his direction, the federal government forced banks to extend credit to individual­s that should never have received it."

Did it really do that, or did it just say banks can't turn down otherwise qualified individuals just because they live in minority neighborhoods (a process known as "redlining")?
07:21 AM on 11/29/2011
So Barney Frank had more say so than the entire Congress and President - who voted and signed the bills into law? Do you also blame GW as he pushed for more home ownership, allowed the housing bubble to go unchecked, etc, etc. The buck stops with the President not with one member of the House.

Also - you need to go back and read up on the crisis - it was not low income individuals who got loans that wrecked the economy - it was the banking and mortgage industries that used shady practices to approve anyone and their pet monkey, sold the "bad assets" repackaged as AAA rated investments, and then subsequently bet against the investments.
09:59 AM on 11/29/2011
there is nowhere in any banking regulation that banks are forced to extend credit to individuals that should never have received it. I dare anyone to find one iota of anything that says that in any banking regulation.
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HUFFPOST SUPER USER
Michael D Ballantine
Former Presidential Candidate - Amer Elect 2012
11:27 PM on 11/28/2011
We are losing another progressive with influence. I hope we don't lose any more. It would be like a fog settled over Congress as the dark ages return. We need more progressives to step up and support a humane agenda instead of an austerity one.
12:16 AM on 11/29/2011
It's only a dark age if you're a freeloader.
08:57 AM on 11/29/2011
Dream on sir. It all sounds great. Must be nice to live in Fantasyland full time.
11:16 PM on 11/28/2011
When it comes to protecting the 1% Mr Franks has been outstanding. The Frank Dodd Bill is a perfect bill in the sense that it appears to be large and impressive which fools the public but in the details it's clear this bill was written to help the banks to keep taking risks and to keep expecting bailouts. Bringing back Glass Steagall was never going to happen under the Republicans or the Democrats. And it's Democrats like Franks who are why.

Poverty in the US only continues to grow. One in four US children lives in poverty now. And rather than call for an end to free trade Mr Franks champions more free trade deals.

The poor of America need to know that it was men like Mr Franks who had nothing to lose in opposing free trade and yet Mr Franks still sold off their jobs to communist dictators like China.

As the middle class declines we need to remember the men who helped to push them over the cliff. Bush, Reagan, Clinton, Obama, and Franks. They are all in the same class.
10:26 AM on 11/29/2011
Have you ever considered that part of the "children in poverty" problem stems from society deeming it ok for a 12-13 yo to give birth to illegitimate children and then stick them on the welfare rolls. When you have children from generational welfare families have children their chance of finishing school and getting a decent job goes south. Yet then it's always someone elses fault that their lives kinda sux and they can't live the high life.

This country would be well served if people got back to only purchasing what they can afford instead of mortgaging way, way more than they can ever pay back then expect the government (which is you and I) to bail them out.

Lumping Reagan and Clinton in with Bush, Obama & Franks just ain't right either.