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Aug 19, 2011
08/11
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also barney frank. he and i have a mutual agreement that if either of us get in trouble in a campaign we will go to our respective states and campaigned against each other. [laughter] he and our and our staffs have an excellent working relationship. our press officers don't have a good relationship. i have enjoyed -- jim leach probably isn't here tonight. growing up, jim leach was a model person to chair the committee as was like. i learned a lot from barney frank. we didn't always agree, but i was always impressed with his professionalism. let me say this. this is a recognition of the committee, not of any one person. a committee functions well or not well based on the staff and we have got many staffers here, many of them were here under jim leach and a few under henry gonzalez. i would like all of our staffers to stand at this time. [applause] when i say staffers i saw some of the former staffers and diamond former. they didn't stand up. half of the former staffers didn't stand but they are out there
also barney frank. he and i have a mutual agreement that if either of us get in trouble in a campaign we will go to our respective states and campaigned against each other. [laughter] he and our and our staffs have an excellent working relationship. our press officers don't have a good relationship. i have enjoyed -- jim leach probably isn't here tonight. growing up, jim leach was a model person to chair the committee as was like. i learned a lot from barney frank. we didn't always agree, but i...
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Aug 28, 2011
08/11
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his name is barney frank. now, i don't normally use notes and i apologize when these notes room but i have to because i want to make exact locations without error here. you might remember one of the refrains in "atlas shrugged" is every time wesley mooch did some ridiculous things that made the economy even worse, he and his cronies would meet in washington and they would say we need broader powers. and we know government is the only enterprise that when it makes a mistake, repeats the mistake bigger. let me quote barney frank. after the collapse of u.s. housing industry, the us mortgage industry, a collapse more than any other individual, he engineered from his position in the u.s. congress getting fannie and freddie to loan money to and subsidized loans of money for people who couldn't possibly ever owned a home, could never pay back the mortgages. that was all barney frank's work. when asked we should do to cleanup the mess, he said quote unquote, the way teacher that is to give us broader powers. you can't
his name is barney frank. now, i don't normally use notes and i apologize when these notes room but i have to because i want to make exact locations without error here. you might remember one of the refrains in "atlas shrugged" is every time wesley mooch did some ridiculous things that made the economy even worse, he and his cronies would meet in washington and they would say we need broader powers. and we know government is the only enterprise that when it makes a mistake, repeats...
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Aug 24, 2011
08/11
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and for barney, the same print. [applause] >> one thing i would like to say, senator sarbanes, when i was out there, i've a tremendous amount of respect for senator sarbanes. one thing that i did say during sarbanes-oxley, is i saw two people reach across the aisle in the house and the senate, and two gentlemen really worked together to put a bill together that mike reminded us today has made us a better country. but senator sarbanes, it means a lot to us on the side of the aisle for you to be here today. [applause] >> i just want to say that sometimes people, mike oxley mentioned the title of the subcommittee he chaired when he was energy and commerce. do you think they knew at that time that financial services would turn out to be hazardous materials? [laughter] [applause] >> on behalf of u.s. capitol historical society, i want to thank you all for coming. and for each of you this evening, there is a gift. on your way out, please pick up the copy of the latest, the 16th addition of we the people, which is our capi
and for barney, the same print. [applause] >> one thing i would like to say, senator sarbanes, when i was out there, i've a tremendous amount of respect for senator sarbanes. one thing that i did say during sarbanes-oxley, is i saw two people reach across the aisle in the house and the senate, and two gentlemen really worked together to put a bill together that mike reminded us today has made us a better country. but senator sarbanes, it means a lot to us on the side of the aisle for you...
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Aug 2, 2011
08/11
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barney frank. you have got to love it? >> they did nothing to fannie mae and freddie mac in this bill. the guys who pride overruled the disaster write a bill to -- if we don't have strategies and the republicans are going to have to come up with them because it's clear the left wing democrats just don't understand free enterprise. they don't understand small business. >> not that they don't understand it they don't like it. they don't want it. they want to have distribution. if you were the speaker of the house, first of all, rate boehner. did boehner do a good job here? >> i think boehner comes out of this as the strongest person in the entire system. he was methodical. >> bill: would you have had to do the same thing as boehner did? if you say yes, you would have had to cracked whip on the tea party guys. >> you can't second-guess it he was in a totally different environ. i was. in bill clinton was dra mat tickly more reasonable person than barack obama. frankly more dramatically more realistic person than barack obama.
barney frank. you have got to love it? >> they did nothing to fannie mae and freddie mac in this bill. the guys who pride overruled the disaster write a bill to -- if we don't have strategies and the republicans are going to have to come up with them because it's clear the left wing democrats just don't understand free enterprise. they don't understand small business. >> not that they don't understand it they don't like it. they don't want it. they want to have distribution. if you...
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Aug 10, 2011
08/11
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. >> bill: charles krauthammer on barney frank and other uber liberals refusing to compromise on socialustice spending but cut back on defense. >> bill: caution, you are about to enter the no spin zone. the factor begins right now. captions by closed captioning services >> bill: hi, i'm bill o'reilly. thanks for watching us tonight. collateral damage from the economic chaos. that is the subject of this evening's talking points memo. life is hard, then you die. that's the pessimist view of the human condition. right now in america, perform is running pessimism is running wild because we are living in a complicated dangerous age, our federal government not really protecting us. the primary reason the founding fathers instituted a federal government in the first place rather than a loose con federation of states was to provide protection to americans against foreign invasion, against criminals across state lines, against people who would manipulate the currency and the economy. simply put the federal government's primary duty is to protect you and me. to protect the american people. that's
. >> bill: charles krauthammer on barney frank and other uber liberals refusing to compromise on socialustice spending but cut back on defense. >> bill: caution, you are about to enter the no spin zone. the factor begins right now. captions by closed captioning services >> bill: hi, i'm bill o'reilly. thanks for watching us tonight. collateral damage from the economic chaos. that is the subject of this evening's talking points memo. life is hard, then you die. that's the...
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Aug 2, 2011
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barney frank. you have got to love it? >> they did nothing to fannie mae and freddie mac in this bill. the guys who pride overruled the disaster write a bill to -- if we don't have strategies and the republicans are going to have to come up with them because it's clear the left wing democrats just don't understand free enterprise. they don't understand small business. >> not that they don't understand it they don't like it. they don't want it. they want to have distribution. if you were the speaker of the house, first of all, rate boehner. did boehner do a good job here? >> i think boehner comes out of this as the strongest person in the entire system. he was methodical. >> bill: would you have had to do the same thing as boehner did? if you say yes, you would have had to cracked whip on the tea party guys. >> you can't second-guess it he was in a totally different environ. i was. in bill clinton was dra mat tickly more reasonable person than barack obama. frankly more dramatically more realistic person than barack obama.
barney frank. you have got to love it? >> they did nothing to fannie mae and freddie mac in this bill. the guys who pride overruled the disaster write a bill to -- if we don't have strategies and the republicans are going to have to come up with them because it's clear the left wing democrats just don't understand free enterprise. they don't understand small business. >> not that they don't understand it they don't like it. they don't want it. they want to have distribution. if you...
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Aug 1, 2011
08/11
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i agree with barney.mited to providers and health insurance plans, the bottom line is we think medicare is critically important and we're ready to fight for it. so you have a compelling political case on both sides, democrats and republicans, to get something done. i hope something significant. >> first of all, this question of entitlement reform, i don't think reducing the income of a 78-year-old woman living on $19,000 a year is reform. so i hope that's totally off the table, the cost of living reduction. secondly, i believe properly argued this is going to be a leverage to get out of afghanistan and iraq. over $125 billion a year. that's what we can put on the table. and i think, by the way, that's a genuine popular across the board issue in america. >> i don't disagree. i know a lot of republicans who feel that way. senator durbin, congressman barney franks, thank you very much, gentlemen. we'll be right back. >> thank you for your leadership. we appreciate it. [ male announcer ] this...is the network
i agree with barney.mited to providers and health insurance plans, the bottom line is we think medicare is critically important and we're ready to fight for it. so you have a compelling political case on both sides, democrats and republicans, to get something done. i hope something significant. >> first of all, this question of entitlement reform, i don't think reducing the income of a 78-year-old woman living on $19,000 a year is reform. so i hope that's totally off the table, the cost...
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Aug 15, 2011
08/11
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. >> the pop singer is going to reinterpret santa work shovp and put it on display at barney's in new >> this is video of her performing over the summer on "good morning america." barney said she will get a floor and take over the coveted window in mid-november on madison after in new york. >> interesting choice. gaga is known for her over-the-top costume, shoes and hairstyles. >> going to get attention. >> exciting. >> for all of us here at abc7 news, thank you for joining us. >> "who wants to be a :w3
. >> the pop singer is going to reinterpret santa work shovp and put it on display at barney's in new >> this is video of her performing over the summer on "good morning america." barney said she will get a floor and take over the coveted window in mid-november on madison after in new york. >> interesting choice. gaga is known for her over-the-top costume, shoes and hairstyles. >> going to get attention. >> exciting. >> for all of us here at abc7...
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Aug 15, 2011
08/11
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darwin barney playing the role of spoiler in atlanta.'s your early look at sports on "early today." i'm mario solis. >>> celebrity babies are everywhere. your early morning entertainment headlines are straight ahead. >>> plus surfers may be known for marching to a different beat but you still won't believe how they express their sense of humor this weekend in california. you're watching "early today." >>> welcome back on this monday morning. forecast wise just a few showers and sprinkles in the pacific northwest. we were very warm in the interior west this weekend. we cooled off a bit. boise 98 yesterday. should be low 90s, upper 80s. salt lake city still warm at 91. you had showers go by yesterday. vegas, phoenix, tippic at for you at 106. as far as tomorrow looks, we're still looking at clouds in the northwest. but pretty quiet weather pattern overall. if you're watching us in sacramento. see sculptures at the center of the first floor rotunda at the california state capitol museum. that's your pacific event of the day. >>> those west
darwin barney playing the role of spoiler in atlanta.'s your early look at sports on "early today." i'm mario solis. >>> celebrity babies are everywhere. your early morning entertainment headlines are straight ahead. >>> plus surfers may be known for marching to a different beat but you still won't believe how they express their sense of humor this weekend in california. you're watching "early today." >>> welcome back on this monday morning....
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Aug 15, 2011
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. >> the pop singer is going to reinterpret santa work shovp and put it on display at barney's in newk. >> this is video of her performing over the summer on "good morning america." barney said she will get a floor and take over the coveted window in mid-november on madison after in new york. >> interesting choice. gaga is known for her over-the-top costume, shoes and hairstyles. >> going to get attention. >> exciting. >> for all of us here at abc7 news, thank you for joining us. >> "who wants to be a honey...? [ mom ] yes. honey, i can't find my internet cord. oh, i'll borrow hailey's. you're downloading movies. fast! from here? where is her cord?! we switched to at&t high speed internet and got wireless access. no more cords. wireless, okay, honestly, can i just get a cord, please? dad, the cord's invisible. [ female announcer ] call at&t today to get high speed internet for just $14.95 a month for 12 months with a 1-year price guarantee. it's the fastest internet for the price. oooh. videos online? here? how much is that? nothing. at&t high speed internet at home includes access he
. >> the pop singer is going to reinterpret santa work shovp and put it on display at barney's in newk. >> this is video of her performing over the summer on "good morning america." barney said she will get a floor and take over the coveted window in mid-november on madison after in new york. >> interesting choice. gaga is known for her over-the-top costume, shoes and hairstyles. >> going to get attention. >> exciting. >> for all of us here at abc7...
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Aug 2, 2011
08/11
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massachusetts congressman barney frank one of them. he explained his vote last night. >> tell us how you voted and why. >> well, i voted no, but let me just say preliminarily, the republicans came to power promising all these procedural changes, openness, amendments, et cetera. there is not now a single republican procedural promise left unbroken. i wanted to vote yes. i didn't want to see a default. in fact i voted earlier for a clean default. i think it puts a lot of pain on people least able to deal with it. and i don't want to see the tea party to succeed in its campaign to degrade our capacity to work together. >> meanwhile during a closed door democratic cause causes meeting, vice president joe biden reportedly joined house democrats in lashing out at tea party republicans. politico cites several sources who say biden said "they acted like terrorists" speaking of the tea party. politico reports the vice president was agreeing with an argument made by pennsylvania congressman mike doyle. later in an interview with cbs new, biden d
massachusetts congressman barney frank one of them. he explained his vote last night. >> tell us how you voted and why. >> well, i voted no, but let me just say preliminarily, the republicans came to power promising all these procedural changes, openness, amendments, et cetera. there is not now a single republican procedural promise left unbroken. i wanted to vote yes. i didn't want to see a default. in fact i voted earlier for a clean default. i think it puts a lot of pain on...
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Aug 6, 2011
08/11
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no, this is a political judgment of incompetence. >> barney frank, joining us on short notice tonight, sir, thank you so much for your time. >> please, pay no attention to these people whether they are rating mortgage bond or government or a city. nobody that i am aware of has been wrong more often than them. >> hearing that from you, i believe it, sir. thank you, i appreciate it. >>> joined now by luis story, business reporter for the new york times. thank you for joining us tonight, i appreciate it. >> thank you. >> you heard congressman frank angrily denouncing this decision by s&p saying not only is it not warranted, people shouldn't take them seriously. attacking s&p as a ratings agency. can you react to that for us? >> well, you know, this is something you'll probably see all weekend long, politicians have been furious with the ratings agency ever since the financial crisis because the ratings agencies missed the boat there. they were wrong on the mortgage-backed security, they rated them aaa and as we all know now, they were full of crap. they were wrong. you'll probably see a
no, this is a political judgment of incompetence. >> barney frank, joining us on short notice tonight, sir, thank you so much for your time. >> please, pay no attention to these people whether they are rating mortgage bond or government or a city. nobody that i am aware of has been wrong more often than them. >> hearing that from you, i believe it, sir. thank you, i appreciate it. >>> joined now by luis story, business reporter for the new york times. thank you for...
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Aug 16, 2011
08/11
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jeffrey applegate is the chief investment officer at morgan stanley smith barney. he believes the s&p 500 will be up 15% by the end of the year. corporate earnings will also be up by 15%. and he does not think the u.s. will slide into recession. nice to you have on the program again. >> thanks, suzie, good to see you. >> susie: why are you so upbeat, why so bullish, tell us why? >> well, i think a lot of reasons. key one being policy. if you look at the first policy event which was the political fracas over the debt limit which was very unneferning to the markets, the next and much more important policy event was the announcement we got from the federal reserve board last week which basically committed to show holding short-term interest rates at effectively zero into 2013. now what that means is a couple of things. if you look back through history, whenever the real fed funds rate so, it is nominal fed funds minus inflation, whenever that real rate has been negative and that's where we are again, and you've also had alongside it a positively slow to yield curve, s
jeffrey applegate is the chief investment officer at morgan stanley smith barney. he believes the s&p 500 will be up 15% by the end of the year. corporate earnings will also be up by 15%. and he does not think the u.s. will slide into recession. nice to you have on the program again. >> thanks, suzie, good to see you. >> susie: why are you so upbeat, why so bullish, tell us why? >> well, i think a lot of reasons. key one being policy. if you look at the first policy event...
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Aug 2, 2011
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that's a debate we have to have next year. >> congressman barney frank of massachusetts. thank you for joining me on this difficult day in the house of representatives. coming up, what happened behind the scenes as congresswoman gabrielle giffords returned to the capitol for the first time since she was shot in january? and bill maher is in the rewrite tonight. bill rewrites america's understanding of socialism. energy is being produced to power our lives. while energy developement comes with some risk, north america's natural gas producers are committed to safely and responsibly providing decades of cleaner burning energy for our country, drilling thousands of feet below fresh water sources within self contained well systems and using state of the art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment we are america's natural gas. not a mammal in this household is willing to lay claim to its origin. but now is not the time for blame. now is the time for action. ♪call 1-800-steemer. >>> coming
that's a debate we have to have next year. >> congressman barney frank of massachusetts. thank you for joining me on this difficult day in the house of representatives. coming up, what happened behind the scenes as congresswoman gabrielle giffords returned to the capitol for the first time since she was shot in january? and bill maher is in the rewrite tonight. bill rewrites america's understanding of socialism. energy is being produced to power our lives. while energy developement comes...
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Aug 2, 2011
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. >> joining me now, democratic congressman, barney frank of massachusetts, the ranking member of the house committee. thanks for joining me tonight, congressman. >> you're welcome. >> a very difficult day in the house of representatives. i've never seen a messier piece of legislation be brought to a vote there. tell us how you voted and why. >> well, i voted no. but let me say prim theirly, the republicans came to power promising all these procedural changes, openness, etc., there's not now a single republican procedural promise left unbroken. the way they have acted the last few weeks has been as high-handed, arbitrary, and non-democrat as we can see. i wanted to vote yes. i think a default puts a lot of pain on the people least able to deal with it, and i don't want to see the tea party succeed in its campaign to degrade our capacity to work together, which we call government. and so i was -- earlier this morning thinking well of it, but then i saw the details. the bill puts caps on military spending and caps on domestic spending, but it exempts from any cap at all spending for ira
. >> joining me now, democratic congressman, barney frank of massachusetts, the ranking member of the house committee. thanks for joining me tonight, congressman. >> you're welcome. >> a very difficult day in the house of representatives. i've never seen a messier piece of legislation be brought to a vote there. tell us how you voted and why. >> well, i voted no. but let me say prim theirly, the republicans came to power promising all these procedural changes, openness,...
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Aug 9, 2011
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and deny that to debt reduction and job creation here is a definition of stupidity. >> congressman barneyrank of massachusetts, everybody thinks that you are so far on the left of the democratic caucus, you would say stuff that would never appeal to republicans, and every time you're here you talk about things that would appeal to republicans. >> i'm working with several republicans and will continue to do it. i'll hang out with anybody if i can get something done right. >> we appreciate it. one log in lets you monitor all of your balances and transfer between accounts, so your money can move as fast as you do. check out your portfolio, track the market with live updates. and execute trades anywhere and anytime the inspiration hits you. even deposit checks right from your phone. just take a picture, hit deposit and you're done. open an account today and put schwab mobile to work for you. [ female announcer ] something unexpected to the world of multigrain... taste. ♪ delicious pringles multigrain. with a variety of flavors, multigrain pops with pringles. morning starts with arthritis pain
and deny that to debt reduction and job creation here is a definition of stupidity. >> congressman barneyrank of massachusetts, everybody thinks that you are so far on the left of the democratic caucus, you would say stuff that would never appeal to republicans, and every time you're here you talk about things that would appeal to republicans. >> i'm working with several republicans and will continue to do it. i'll hang out with anybody if i can get something done right. >> we...
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Aug 3, 2011
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barney frank, ranking democrat on financial services. mr. frank, i guess the question is, would you have voted against this measure, or would you have voted a nay if your vote were decisive? >> yes, i thought long and hard about it. it wasn't something to play games about it. i rose twice this year to raise the debt limit. i thought it was important. i also believe if this had fallen, what you would have seen would have been an immediate short-term extension, but it's a dilemma. i understand that. are you ready to take the pain? once you accept the premise you're going to vote for anything to stave off a disaster, then you give the people who have an interest in disaster even more leverage than they already have. it would have been a mistake to say the tea party people are out to dismantle government, they're out to reduce and discredit the president and don't mind screwing up the economy, and to stave that off you will do anything they ask, then you are in big trouble. so i think a line had to be drawn. i wanted to vote for this. i saw reas
barney frank, ranking democrat on financial services. mr. frank, i guess the question is, would you have voted against this measure, or would you have voted a nay if your vote were decisive? >> yes, i thought long and hard about it. it wasn't something to play games about it. i rose twice this year to raise the debt limit. i thought it was important. i also believe if this had fallen, what you would have seen would have been an immediate short-term extension, but it's a dilemma. i...
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Aug 6, 2011
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i'm not supporting s&p or barney frank and the white house argument.ave to factor in both because their credibility is at issue. they're saying the u.s. is not the safest investment on the planet right now. >> you teased it. do it full on here. cnbc does have a special sunday night looking at the global impact. >> 9:00 p.m., bill griffeth and maria bartiromo. the asian markets will be open. they were going to do this before the s&p. we saw last week 500 points off the dow on thursday. the s&p last week lost 7%. people talk about wall street versus main veet. this is over a trillion dollars in ten days was lost in the s&p, 401(k)s, this is people's money, your money, my money. and people need to know, is this as scary as 2008 in the truth is, the people i talk to said it's not quite like that but it doesn't mean it's not a big concern. >> we can tune in to cnbc. thanks so much for stopping by, brian. >>> we all know summer is supposed to be hot. was last month the hottest july on record? we'll look at the numbers ahead on msnbc saturday. breading that i
i'm not supporting s&p or barney frank and the white house argument.ave to factor in both because their credibility is at issue. they're saying the u.s. is not the safest investment on the planet right now. >> you teased it. do it full on here. cnbc does have a special sunday night looking at the global impact. >> 9:00 p.m., bill griffeth and maria bartiromo. the asian markets will be open. they were going to do this before the s&p. we saw last week 500 points off the dow on...
SFGTV2: San Francisco Government Television
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Aug 5, 2011
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barney horner, who is the great grandson of chief john grass from standing rock reservation in south dakota. one of the songs he gave me before he passed on, on indigenous people's day in 1995, was a song that he called the blue horse special. the blue horse special is the song that i have been fortunate enough to be able to play in a lot of different performance contexts. it's a song that was made by a man named matthew too bold, a very well respected elder whose wife, ellie, just recently passed on. both of them were very well respected for their singing skills. when i thought about doing an arrangement for today, the blue horse special came to mind. i thought i wonder if i can bring a cedar flute into an air, i thought, i wonder if i can take a pala song and turn it into a reel. what i will do is sing you the original pala song, so you can hear that, then we will go into an arrangement that also includes a little something at the end for my grandparents. (singing) . >> on march 5th, 2007, a car bomb was exploded on mutanabbi street in baghdad. mutanabbi street is a mixed shia-suni
barney horner, who is the great grandson of chief john grass from standing rock reservation in south dakota. one of the songs he gave me before he passed on, on indigenous people's day in 1995, was a song that he called the blue horse special. the blue horse special is the song that i have been fortunate enough to be able to play in a lot of different performance contexts. it's a song that was made by a man named matthew too bold, a very well respected elder whose wife, ellie, just recently...
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Aug 10, 2011
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also barney frank and what he said is really to blame for america's downgrade and the union of american business. t boone pickens where america goes from here. how bad is all of this for president obama. started to hear the white house in the kennedy years. dan rather. ever seen washington or wall street like this? and anarchy in the uk, what's behind the days and nights of rage in london and other uk cities. where will it end? this is piers morgan tonight. >>> good evening on a busy news day around the world, thousands of police on the streets of london and other uk cities are getting the upper hand on the fourth night of the scene. wild gyrations ending with the dow up, that's right. up nearly 4%. what it means for your money is legal ger, personal finance expert juan ulreich. a crazy day in the market. heading for another day of the dow falling. the rally in the end end up 400 points plus up. what do you make of it all? >> the fans shl markets were trying to figure out what the fed said. to distill it down, the financial markets figured out that ben bernanke with a bit of resistance
also barney frank and what he said is really to blame for america's downgrade and the union of american business. t boone pickens where america goes from here. how bad is all of this for president obama. started to hear the white house in the kennedy years. dan rather. ever seen washington or wall street like this? and anarchy in the uk, what's behind the days and nights of rage in london and other uk cities. where will it end? this is piers morgan tonight. >>> good evening on a busy...
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Aug 6, 2011
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. >> barney frank, joining us on short notice tonight, sir, thank you so much for your time. >> please, pay no attention to these people whether they are rating mortgage bond or government or a city. nobody that i am aware of has been wrong more often than them. >> hearing that from you, i believe it, sir. thank you, i appreciate it. >>> joined now by luis story, business reporter for the new york times. thank you for joining us tonight, i appreciate it. >> thank you. >> you heard congressman frank angrily denouncing this decision by s&p saying not only is it not warranted, people shouldn't take them seriously. attacking s&p as a ratings agency. can you react to that for us? >> well, you know, this is something you'll probably see all weekend long, politicians have been furious with the ratings agency ever since the financial crisis because the ratings agencies missed the boat there. they were wrong on the mortgage-backed security, they rated them aaa and as we all know now, they were full of crap. they were wrong. you'll probably see a lot of statements from politicians like that. tha
. >> barney frank, joining us on short notice tonight, sir, thank you so much for your time. >> please, pay no attention to these people whether they are rating mortgage bond or government or a city. nobody that i am aware of has been wrong more often than them. >> hearing that from you, i believe it, sir. thank you, i appreciate it. >>> joined now by luis story, business reporter for the new york times. thank you for joining us tonight, i appreciate it. >>...
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congressman steve israel who backed the deal, and congressman barney frank who voted nay. plus politics aside. what this deal did to the economy. wow. the dow fell 265 points today. it was down for the eighth day in a row. a first rough reaction. not a good one at what congress did. president obama says the deal will make things stronger, but if you want to know what happens when you cut government spending during tough times, take a look way back to 1937 during the new deal. we know how that story ends. and the mittness protection program. mitt romney, the republican front ronnor, the guy who says he can run a business and fix the economy, but he's been awfully quiet on the debt issue. call him a debt dodger. finally, let me finish with mugger and the victim who got away this time. let's begin with what the tea party will do next time around. nbc political analyst david corn. and ron reagan is a political commentator. i want the gut reaction of both of you guy. how does your gut feel after you saw the senate vote down with a three quarters vote today after this whole thin
congressman steve israel who backed the deal, and congressman barney frank who voted nay. plus politics aside. what this deal did to the economy. wow. the dow fell 265 points today. it was down for the eighth day in a row. a first rough reaction. not a good one at what congress did. president obama says the deal will make things stronger, but if you want to know what happens when you cut government spending during tough times, take a look way back to 1937 during the new deal. we know how that...
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. >>> congressman barney frank of massachusetts joins us next as does ed schultz, who is in madison, wisconsin. please, stay tuned. thank you for calling esurance. man, we give out so many car insurance discounts. safe driver discount, homeowner's discount... multi-car discount. i wish we could get discounts everywhere. body like a greek god discount at the gym. best moves discount at the disco. you guys are so funny. really? best actress discount. uncalled for discount. whatever discount. [ female announcer ] tons of discounts. see for yourself at esurance. technology when you want it. people when you don't. >>> a very bad day on the financial markets as you hear the closing bell on wall street. >> every single major index has closed to the negative. >> s&p 500 shellacked, people, 6% in one day. >> hey, washington, welcome to your double-a hole. >> what a day it has been. the market closes at the lows of the afternoon. >> the last time we saw such a drop in the dow was november 20, 2008, a time none of us would like to return to. >> yeah, we're pretty much there at this point. >> we
. >>> congressman barney frank of massachusetts joins us next as does ed schultz, who is in madison, wisconsin. please, stay tuned. thank you for calling esurance. man, we give out so many car insurance discounts. safe driver discount, homeowner's discount... multi-car discount. i wish we could get discounts everywhere. body like a greek god discount at the gym. best moves discount at the disco. you guys are so funny. really? best actress discount. uncalled for discount. whatever...
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thanks for buying the cd's. >> bill: i think barney frank is handing those you.isguided. >> finally pinheads and patriots. al gore making a lot of money off the global warming controversy. he has taken some lumps. he addressed his critics in aspen, last thursday. >> bill: memo to al gore, if you want to refute your critics, do it with facts, not cheap invective. you're a pinhead, wise up. that is it for us tonight. check out the fox news factor website. spout off about the factor from anywhere in the world. oreilly@foxnews.com. name and town if you wish to opine. word of the day, do not be inso length when writing to the factor. -- inso length,
thanks for buying the cd's. >> bill: i think barney frank is handing those you.isguided. >> finally pinheads and patriots. al gore making a lot of money off the global warming controversy. he has taken some lumps. he addressed his critics in aspen, last thursday. >> bill: memo to al gore, if you want to refute your critics, do it with facts, not cheap invective. you're a pinhead, wise up. that is it for us tonight. check out the fox news factor website. spout off about the...
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barney frank. i know you are watching out there.let fannie mae and freddie mac and lend money to anybody who wanted it and all of this. so that now when the president got elected he went overboard. he overcompensated and he slapped on handcuffs on the whole capitalistic industry. so nobody is investing and nobody is hiring. >> at the very time that would need this free enterprise. capitalists absolutely energize and explode. >> bill: the money is -- they printed all this money sitting in boxes. >> what about the health care deal for the ladies? did you know when they signed obama care that all of this stuff was going to be free? >> pelosi continues to demonstrate how -- pass the thing we keep learning things every day. this is coming out of the white house. >> bill: state farm insurance is new motto like a good neighbor state farm is broke. the insurance company we have to pay for all of this? you? me? everybody is going to be paying for it. >> by the way, the cost for that, all of this women's wellness is not anywhere in the cbo ma
barney frank. i know you are watching out there.let fannie mae and freddie mac and lend money to anybody who wanted it and all of this. so that now when the president got elected he went overboard. he overcompensated and he slapped on handcuffs on the whole capitalistic industry. so nobody is investing and nobody is hiring. >> at the very time that would need this free enterprise. capitalists absolutely energize and explode. >> bill: the money is -- they printed all this money...
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congressman barney frank. i spoke to him earlier this evening. congressman frank, yesterday morning you endorsed this deal. granted, you weren't 100% on board, but you did endorse it on national television. i want you to listen to this. >> every dollar spent in afghanistan, every dollar spent in iraq is going to come out of highway construction and health care and education and local police and fire. so that i found attractive. more than that, though, there was this sense of, you know, one of my favorite philosophers from the 20th century was the great henney youngman. he had one very great line -- how a how's your wife? compared to what? i think that's the central maxim that is driving people. >> so you go from quoting henney youngman ending on a positive note there. yet when it came time to vote last night, you voted no. why the change of heart, congressman? >> because what you just quoted me as saying turned out to be inaccurate. i had been given bad information. actually, i had heard a description and i should have realized you've got to actu
congressman barney frank. i spoke to him earlier this evening. congressman frank, yesterday morning you endorsed this deal. granted, you weren't 100% on board, but you did endorse it on national television. i want you to listen to this. >> every dollar spent in afghanistan, every dollar spent in iraq is going to come out of highway construction and health care and education and local police and fire. so that i found attractive. more than that, though, there was this sense of, you know,...
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and barney frank joins me now. thank you for joining me. what did you make of the fed's statement today? >> i think it was appropriate. i think mr. bernanke and his colleagues have been doing the right thing. offsetting some of the negative tendencies. it's interesting that ben bernanke warned congress not to do too much cutting in the short-term the last time he testified. he said we have a longer term deficit problem. you've got to deal with that. but in the short-term, these cuts you're talking about are head winds against the economy. so the thing now is he's doing everything he can. but that we need to do something now on the fiscal front. i think it is now overwhelming. piers, i'm going to borrow from your country's history. in the late 40s, the prime minister called truman saying i'm facing a terrible economic crisis. i can't continue the efforts to maintain british remnants of empire. if you want to do it, fine. the time has come for us to recognize the terrible crisis here in the economy and withdraw from iraq, withdraw from afghan
and barney frank joins me now. thank you for joining me. what did you make of the fed's statement today? >> i think it was appropriate. i think mr. bernanke and his colleagues have been doing the right thing. offsetting some of the negative tendencies. it's interesting that ben bernanke warned congress not to do too much cutting in the short-term the last time he testified. he said we have a longer term deficit problem. you've got to deal with that. but in the short-term, these cuts...
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no sooner had we walked inside did dave catch sight of the president's dog barney.describes the hot pursuit as dave tore through the dining room determined to take down barney. in walked the president himself. after retreating to his cabin with dave, cheney recalls, i hadn't been there long. a knock at the door. the camp commander saying, mr. vice president, your dog has been banned from laurel. so much for second chances. was dave trying to act on frustration on behalf of his owner, we're never going to know. >>> lastly, an a for effort? mayor bloomberg may have guided new york city through hurricane irene with relative ease this past weekend but didn't think he himself would make it through unscathed, did he? throughout the weekend the mayor addressed new yorkers numerous times to update them on the coming storm, even speaking spanish to maximize the amount of people that got the right information. [ speaking in foreign language ] >> all right. admirable, yes, but safe to say room for improvement with the spanish, and it didn't go unnoticed. so much so a fake twit
no sooner had we walked inside did dave catch sight of the president's dog barney.describes the hot pursuit as dave tore through the dining room determined to take down barney. in walked the president himself. after retreating to his cabin with dave, cheney recalls, i hadn't been there long. a knock at the door. the camp commander saying, mr. vice president, your dog has been banned from laurel. so much for second chances. was dave trying to act on frustration on behalf of his owner, we're...
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his name is barney frank., i don't normally use notes and i apologize for waiting these notes around but i have them because i want to be able to make exact quotations without error here. you might remember one of the refrains in "atlas shrugged" is every time wesley mouch did some ridiculous thing that made the economy even worse, he and his cronies would meet in washington and they would say, we need broader powers. you know government is the only enterprise that when it makes a mistake repeats the mistake bigger. well let me quote barney frank. after the collapse of the u.s. housing industry in the u.s. mortgage industry, a collapse more than any single individual, he engineered by from his position in the u.s. congress, getting fannie and freddie to loan money to subsidize loans of money to people who couldn't possibly ever own a home, could never pay back the mortgages. that was all barney frank's work. when asked what we should do to clean up the mess, he said quote, unquote the way to cure that is to gi
his name is barney frank., i don't normally use notes and i apologize for waiting these notes around but i have them because i want to be able to make exact quotations without error here. you might remember one of the refrains in "atlas shrugged" is every time wesley mouch did some ridiculous thing that made the economy even worse, he and his cronies would meet in washington and they would say, we need broader powers. you know government is the only enterprise that when it makes a...
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starting in mid-november the city's iconic men's clothing star barney's will feature gaga's workshop throughout its fifth floor. and in the store's madison avenue windows. lady gaga will be head decorator, and she'll design gift items in the workshop with 25% of the sales going to charity. who knows? maybe it's like bizarro world. like you go into her house and it's shabby chic. nothing crazy. >> no, it's not. the windows will be fascinating. >> and more traffic. >>> nbc 5 in dallas, texas, where in nearby fortuny, one pint-sized politician is giving her small town a big makeover. caroline gonzalez won the mayor for a day contest. the 11-year-old's experience doing community service made her a natural fit. she used her political power as wisely as any preteen might setting aside partisan politics for more important city business, which included temporarily renaming one street justin bieber way. if only politics were that simple. i'm lin berry. this is "early today," just your first stop of the day today on your nbc station. >>> moving at a snail's pace is actually encouraged at one r
starting in mid-november the city's iconic men's clothing star barney's will feature gaga's workshop throughout its fifth floor. and in the store's madison avenue windows. lady gaga will be head decorator, and she'll design gift items in the workshop with 25% of the sales going to charity. who knows? maybe it's like bizarro world. like you go into her house and it's shabby chic. nothing crazy. >> no, it's not. the windows will be fascinating. >> and more traffic. >>> nbc 5...
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. >>> congressman barney frank of massachusetts joins us next as does ed schultz, who is in madison, wisconsin. please, stay tuned. i looked up, and my jell-o pudding was gone. jeremy, look at me. look at that smile. that is pudding face. you took my pudding! the evidence is hard to dispute. [ male announcer ] get your pudding face on with oh-so-cool and irresistible jell-o pudding. that's me with the blow dryer and the flat iron until i see smoke. so pantene said, "breakage and split ends? no problem." they gave me this pantene called breakage to strength. [ female announcer ] the keratin protection pro-v system helps prevent then repair split ends. zero fear of breakage, 100% more strength. no regrets, just health. i'm not giving up the heat. [ female announcer ] the breakage to strength system from pantene. >>> a very bad day on the financial markets as you hear the closing bell on wall street. >> every single major index has closed to the negative. >> s&p 500 shellacked, people, 6% in one day. >> hey, washington, welcome to your double-a hole. >> what a day it has been. the marke
. >>> congressman barney frank of massachusetts joins us next as does ed schultz, who is in madison, wisconsin. please, stay tuned. i looked up, and my jell-o pudding was gone. jeremy, look at me. look at that smile. that is pudding face. you took my pudding! the evidence is hard to dispute. [ male announcer ] get your pudding face on with oh-so-cool and irresistible jell-o pudding. that's me with the blow dryer and the flat iron until i see smoke. so pantene said, "breakage and...
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i think she needs a couple of people who are very strong on the democratic position, like barney frank. and somebody more moderate. maybe put steny hoyer on. there's a little tension between pelosi and hoyer. put him on there. >> lawrence o'donnell takes on the day's most compels stories. airs weeknights at 8:00 p.m. eastern, only on msnbc, the place for politics. >>> it was a somber ceremony in delaware yesterday. the remains of 30 american service members killed when their helicopter was shot down in afghanistan last weekend. and they have arrived back on u.s. soil. president obama traveled to dover air force base to meet with the families of the fallen heroes. the military has opened an investigation into the devastating helicopter crash which led to the single-deadliest loss of u.s. forces in the decade-long war in afghanistan. >>> there's been a fourth night of violence in england, as riots spread across the country. within london, calm has largely been restored, with the help of a flood of police officers. the clashes began this weekend, over the fatal shooting of a man by police
i think she needs a couple of people who are very strong on the democratic position, like barney frank. and somebody more moderate. maybe put steny hoyer on. there's a little tension between pelosi and hoyer. put him on there. >> lawrence o'donnell takes on the day's most compels stories. airs weeknights at 8:00 p.m. eastern, only on msnbc, the place for politics. >>> it was a somber ceremony in delaware yesterday. the remains of 30 american service members killed when their...
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for delores barney, it's a reminder of the day when there was plenty of fresh food in this neighborhood. >> we had it almost on every block. but that's been years ago. >> reporter: a day that organizers hope this bus will deliver to more and more neighborhoods year-round. john yang, nbc news, chicago. >>> and that's "nbc nightly news with brian williams" for this sunday. brian williams will be here tonight. i'm carl quint neanilla reporti from new york. thanks for watching. good night.
for delores barney, it's a reminder of the day when there was plenty of fresh food in this neighborhood. >> we had it almost on every block. but that's been years ago. >> reporter: a day that organizers hope this bus will deliver to more and more neighborhoods year-round. john yang, nbc news, chicago. >>> and that's "nbc nightly news with brian williams" for this sunday. brian williams will be here tonight. i'm carl quint neanilla reporti from new york. thanks for...
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Aug 23, 2011
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his name is barney frank.ow, i don't normally use notes and i apologize for waiting these notes around but i have them because i want to be able to make exact quotations without error here. you might remember one of the refrains in "atlas shrugged" is every time wesley mouch did some ridiculous thing that made the economy even worse, he and his cronies would meet in washington and they would say, we need broader powers. you know government is the only enterprise that when it makes a mistake repeats the mistake bigger. well let me quote barney frank. after the collapse of the u.s. housing industry in the u.s. mortgage industry, a collapse more than any single individual, he engineered by from his position in the u.s. congress, getting fannie and freddie to loan money to subsidize loans of money to people who couldn't possibly ever own a home, could never pay back the mortgages. that was all barney frank's work. when asked what we should do to clean up the mess, he said quote, unquote the way to cure that is to
his name is barney frank.ow, i don't normally use notes and i apologize for waiting these notes around but i have them because i want to be able to make exact quotations without error here. you might remember one of the refrains in "atlas shrugged" is every time wesley mouch did some ridiculous thing that made the economy even worse, he and his cronies would meet in washington and they would say, we need broader powers. you know government is the only enterprise that when it makes a...
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the city's iconic men's store barneys will feature gaga's workshop throughout its fifth floor.he store's madison avenue windows. lady gaga will be head decorator and will design gift items sold in the workshop with 25% of sales going to charity. >> i can't wait. quite the little santa's helper. >> dressing the elves. >> can you imagine? poor kids opening some crazy huge platform shoes. i'm lynn berry, and this is "first look" on msnbc. but stay tuned. "way too early" with willie geist starts right now. >>> during their dueling iowa bus tours, president obama gives rick perry a newcomer's pass on some of the inflammatory comments made this week. the question, how much longer nil until the shoot from the hip. >>> italy and spain teeter, france and germany get together to propose a new tighter, economic europe. the question is, have the european people had enough of the idea of one europe? we'll get a live report foreign policy london. >>> and as the situation and cohorts from "the jersey shore" continue their ground invasion of italy, a big money offer from a major american cloth
the city's iconic men's store barneys will feature gaga's workshop throughout its fifth floor.he store's madison avenue windows. lady gaga will be head decorator and will design gift items sold in the workshop with 25% of sales going to charity. >> i can't wait. quite the little santa's helper. >> dressing the elves. >> can you imagine? poor kids opening some crazy huge platform shoes. i'm lynn berry, and this is "first look" on msnbc. but stay tuned. "way too...
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you saw barney and i yelling at each other. >> no, i haven't seen it. >> bill: you haven't seen it?> would you? i need some racey film. i haven't had good movies in a long time. >> bill: cable news that's about as racey as you you get. you a long time socialist. >> not a long time. i think i'm a present time. >> bill: do you believe that president obama is a socialist. >> no, god no. >> are you happy with him. >> not that much. >> bill: what do you think he is doing wrong? >> i don't think -- i tend to read paul krugman a lot. >> bill: that's a problem right there. >> i knew you would be pleased. >> bill: he would be. >> yeah, yeah. and according to the dictates of -- he should have done so much more in terms of the bank loans and in terms of the revitalization. the money, it should have been a bigger kick start. >> bill: he wasn't aggressive enough in managing the economy to you? >> that's right. >> bill: do you think is he a phony. >> i don't know yet. >> bill: how did you react when bin laden went down? >> i think too many people regarded as a panacea. he wasn't even wanted by th
you saw barney and i yelling at each other. >> no, i haven't seen it. >> bill: you haven't seen it?> would you? i need some racey film. i haven't had good movies in a long time. >> bill: cable news that's about as racey as you you get. you a long time socialist. >> not a long time. i think i'm a present time. >> bill: do you believe that president obama is a socialist. >> no, god no. >> are you happy with him. >> not that much. >> bill:...