wesley mooch in the book he is like congressmen barney frank who was the godfather of fannie mae and freddie mac. angelo mozillo and bernie frank was the unholy alliance allowing country ride in those who copied them to create loans people could not repaid. because they sold those loans to the federal government made possible of barney frank through altruistic social benefits of housing putting people into house is they cannot afford. that is the world we barely survived. >> host: what do you do for it a living? >> ien investment appraiser for other investment in risers and giving advice when the markets to other investment managers who serve customers counselors are hedge fund managers. >> host: how much government regulation is and what you do? >> i don't handle the money. very little. but microfinance they are so regulated they cannot pick up the phone. i am now and know little firm that can influence $15 trillion without being regulated. >> host: what is it about ayn rand that has such a strong reaction? >> a great moral clarity. a romantic philosophy that draws young people wher

lou dobbs takes on barney frank's latest provocative comments. exhausted from doing that i'm handing it off to dobbs. and kelsey grammer will be here. play as politician on tv. what does he think of the real power brokers. we hope you stay tuned to those reports as the factor continues all across the >> shepard: personal story segment tonight, actor kelsey grammer won a golden globe award program boss on the stars network. season 2 begins tomorrow evening. and here is mr. grammer. researching this, a long way from the cheers bar, what did you learn about politicians? >> well, you know, it's funny the show itself is not really about politicians. it's about human behavior and a guy who wants to hang on to power. now, do i think it's possible this is something we would see in washington, d.c., for instance? yes, i do. are they as ruthless as i am probably not. i certainly hope not. >> bill: chicago politicians are for years. >> the author of the show calls it corrupt. >> bill: did you research daley and his father and all these guys to get an idea o

lou dobbs takes on barney frank's latest provocative comments.austed from doing that i'm handing it off to dobbs. and kelsey grammer will be here. play as politician on tv. what does he think of the real power brokers. we hope you stay tuned to those reports as the factor continues all across the u.s.a. and all around the world. hi, i'm phil mickelson. i've been fortunate to win on golf's biggest stages. but when joint pain and stiffness from psoriatic arthritis hit, even the smallest things became difficult. i finally understood what serious joint pain is like. i talked to my rheumatologist and he prescribed enbrel. enbrel can help relieve pain, stiffness, and stop joint damage. because enbrel, etanercept, suppresses your immune system, it may lower your ability to fight infections. serious, sometimes fatal events including infections, tuberculosis, lymphoma, other cancers, and nervous system and blood disorders have occurred. before starting enbrel, your doctor should test you for tuberculosis and discuss whether you've been to a region where c

we like him to barney frank who was the godfather of fannie mae and freddie mac. the two of them, mozilla in the private sector and frank and the public sector with this unholy alliance that allowed countrywide and people who profited by imitating countrywide to create loans people could never repay. why would you do that? they turned around and sold those to the federal government. how was that made possible? by barney frank for fannie and freddie in the name of all kinds of high-minded altruistic social benefits. housing for everybody and put 4 people in to mcmansions they can't afford. that is the world of "atlas shrugged". the world we barely survived in the financial crisis and still struggling to come out of. >> host: what do you do for a living? >> investment advisor for other investment advisers. >> host: what does that mean? >> i give strategic advice on stock market and currency market and commodity market and other investment managers who serve -- hedge fund managers and the like. >> host: in your work how much government regulation is in what you do? >

lou dobbs takes on barney frank's latest provocative comments.sted from doing that i'm handing it off to dobbs. and kelsey grammer will be here. play as politician on tv. what does he think of the real power brokers. we hope you stay tuned to those reports as the factor those reports as the factor continues all across the check out bass pro shops' fall hunting classic for extra savings of up to $100 during our binocular and rangefinder trade-in sale. and take advantage of amazing daily doorbuster deals friday and saturday. bass pro shops. your adventure starts here. questions. when you're caring for a loved one with alzheimer's, not a day goes by that you don't have them. questions about treatment where to go for extra help, how to live better with the disease. so many questions, where do you start? alzheimers.gov. the answers start here. introducing share everything, only from verizon. a shareable pool of data to power up to 10 different devices. add multiple smartphones to your plan, so everyone in your family can enjoy unlimited talk and text.

barney frank joins us next. >>> now, we face a choice. mitt romney's plan, a new $250,000 tax cut for millionaires, increase military spending, adding trillions to the deficit. >> as your commander in chief, and on behalf of a grateful nation, i'm proud to finally say these two words, and i know your families agree. welcome home. welcome home. welcome home. >> joining us tonight now for the interview is democratic congressman barney frank of massachusetts, who has been a very vocal proponent of at least being able to discuss the military budget as a thing that operates on the same kinds of dollars that other things in our budget operate on. congressman frank, thank you very much for being with us. nice to see you. >> great to see you, rachel, on this topic, where you have also done such very important work. >> thank you. since the presidency, maybe not the presidency, but the rise of ronald reagan, the political common wisdom is democrats can't go after republicans for being profly gat on defense spending, but that's exactly what the obam

could've had a v8. >>> congressman barney frank is still to come. stay with us.s is new york state. we built the first railway, the first trade route to the west, the greatest empires. then, some said, we lost our edge. well today, there's a new new york state. one that's working to attract businesses and create jobs. a place where innovation meets determination... and businesses lead the world. the new new york works for business. find out how it can work for yours at thenewny.com. to find you a great deal, even if it's not with us. [ ding ] oh, that's helpful! well, our company does that, too. actually, we invented that. it's like a sauna in here. helping you save, even if it's not with us -- now, that's progressive! call or click today. no mas pantalones! >>> hey, some legit big news in a story that we have been covering in an ongoing way for months now. when the iraq war ended in december, some regular joe civilians in st. louis, missouri, decided to throw a parade for iraq veterans to say welcome home. we missed you. thank you. we're glad the war is over. st

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the one and only congress man barney frank. we'll miss him deeply after he retires.nk you for joining us. >> thank you eliot. >> eliot: you want to vote in pennsylvania? show us your papers. that's coming up. um, miss ? you have hard water stains and that cleaner's not gonna cut it. you need lime-a-way. it's 4 times more effective at removing limescale than the leading bathroom cleaner. lime-a-way is specially formulated to conquer hard water stains. for lime, calcium and rust... lime-a-way is a must. hey joe, can you talk? sure. your hair -- amazing. thanks to head and shoulders for men. four shampoos that give men game-winning scalp protection, great looking hair... and confidence [ male announcer ] up to 100% flake free with head & shoulders for men. [ male announcer ] the inventors of twix had a falling out, so the production of twix was divided between two separate factories. left twix factory cascades caramel and chocolate onto cookie, while right twix factory flows caramel and chocolate onto cookie. today they share nothing but a wrapper and a driveway. try bo

>> bill: tonight we wind up our strangest moments in factor history series and barney frank tops the list. >> you start ranting and the only way to respond is almost to look as boorish as you. >> pearl harbor, the day of infamy. >> bill: also ahead, the great american news quiz the world war ii edition, how much do you know about a defining victory for america. >> bill: caution, you where to enter the no spin zone. the fact for begins right now. >> bill: hi, i'm bill o'reilly. thanks for watching us tonight. big victory for traditional forces in america. that is the subject of this evening's talking points memo. thousands of folks lined up yesterday to buy chicken at more than 1600 chick-fil-a restaurants across the country. they did this because some liberal politicians want to keep chick-fil-a out of their cities. we believe in freedom of speech and we're very proud of what we stand for. we love chick-fil-a. >> because of his personal religious beliefs to have condemning a entire company because their sphowrnd a christian it's just wrong, wrong. >> it's definitely unfair it's a bul

this is fascinating because barney frank is vilified by so many republicans. long time congressman from massachusetts, progressive, a liberal, who is not running for re-election. but barney frank giving him advice to just stick to a few big ideas, few issues and not be the expert on everything. you know what? i think to a degree paul ryan take that advice and one of the reasons why he rose so high so quickly on the budget committee and he is basically the spokesman for the republican party when it comes to fiscal matters, when it comes to tax matters. cutting government spending. and his plan, of course, last year creating so much of a controversy among so many americans, but it's a plan that republicans basically followed in lock step behind, ashleigh. >> so talk to me a little bit about this background where he's just a no nonsense kind of guy. turns out that early days on the hill he slept in his office and maybe not so early days on the hill, saving no anyone and sleeping in his cramped quarters and spending a lot of time on his ipod. i'm not sure if it's

now we know the answer to barney frank's question, compared to what? the republicans will vote down the plan that lowers taxes for 95% of the population and raises taxes a small bit with those with income above $200,000 yet vote for a plan that lowers taxes for the top 5% and raises them on everyone else. think about the lack of logic on that choice. it's backwards. we need desperately to drive consumption up. the best thing to do is to get funds to the middle class where consumption spending will be triggered, not raise taxes giving money to the wealthiest, the so-called job creators who have clearly have not been creating jobs but putting new found cash into savings. it'sit's a decision they're free to make if they want to make the wealthy and less wealthy divide even grater. polls showed a 3-1 margin, the public favors the democratic plan. which is one of the reasons why romney is trailing in key states of pennsylvania, ohio and florida. the republican vote and the new analysis of the romney plan sure clarifies the choice we're making. thisthis is a

and, next: barney frank, rod blagojevich get a taste of the know spin zone special series on strange factor moments continues. we hope you stay tuned. >> bill: in the impact segment tonight, we wrap up our series on the strangest moments in factor history. without a doubt. without the a doubt the wildest most controversial segment ever was with congressman barney frank when he came in here and tried to tell us that he had nothing to do with the bad stuff that happened at fannie mae and freddie mac. you still went out in july and said everything was great and off that a lot of people bought stock and lost everything they had. >> oh, no. >> bill: yes, oh yes. >> know said it was a good investment. >> bill: don't give us any of that we just heard the words. what are you -- you didn't say that? you want me to play it again for you? >> you didn't listen to it. >> bill: i listened to every word you said and i have the transcript right here. >> i said t wasn't a good investment. >> bill: yeah. and you said going forward we're going to be swell. >> i didn't say swell. >> bill: don't, look st

joining me now is congressman barney frank, democrat from massachusetts.also the top democrat on the house financial services committee. mr. chairman, first thanks for joining me this evening. now, congressman -- i'm not -- let me get your mic straight. as we're getting the mic straight of congressman frank who certainly lives up to his name of being frank can help explain to me one of the things i was looking at in my notes is that mr. ryan more than anything else what is bothering me today is ryan refuses even in an interview that is friendly to lay out what hiss policies are. congressman frank, you've worked with him. you know him. why is he ducking on policy questions? >> because he is a combination of a very extreme right wing ideologue and a politician. what he wants to do is unpopular with the american people. some of it has some popularity. what you get from them is if you're wealthy we're going b to cut your taxes substantially. we're going to reduce the capital gains rate. and he says we'll make it up somewhere else. they won't tell you how as yo

the one and only congress man barney frank. we'll miss him deeply after he retires.nk you for joining us. >> thank you eliot. >> eliot: you want to vote in hey joe? yeah? is this a bad time? no, i can talk. great -- it's the 9th inning and your hair still looks amazing. well, it starts with a healthy scalp. that's why i use head and shoulders for men. they're four shampoos for game-winning scalp protection and great looking hair... go on, please. with seven benefits in every bottle, head and shoulders for men washes out flakes, itch and dryness. and washes in... confidence. yeah it does. [ male announcer ] up to 100% flake free scalp and hair with head & shoulders for men. get irresistibly clean and fresh carpets in your home with resolve deep clean powder. the moist powder removes three times more dirt than vacuuming alone while neutralizing odors for a clean you can see, smell and really enjoy. don't just vacuum clean. resolve clean. >> eliot: republicans keep condemning president obama no matter what the issue. so it's no surprise they're blaming him for the weath

and, next: barney frank, rod blagojevich get a taste of the know spin zone special series on strangeactor moments continues. we hope you stay tuned. if you have copd like i do, you know how hard it can be to breathe and what that feels like. copd iludes chronic bronchitis and emphysema. spiva helps corol my copd symptoms by keeping my airways open a full 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. and it's steroid-free spiriva does not replace fast-acting inhalers for sudden symptoms. tell yr doctor if you have kidy problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you ta, even eye drops. stop taking spiriva and seek immediate medical help if yr breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing ure. other side effects include dry mouth and constipation. nothing can reverse copd. spiriva helps me breathe better. does breathing with copd weigh you down? ask your doctor i

the marriage of barney frank. i am going to tell them about all of you. [applause] he will make history when he does that. a lot of love up here. [applause] he will make history when he gets married to jimmy. when he makes that history, we will all be making progress. as i said to him in new york when we had an engagement party for him, all of this, all of the statement about the pink triangle, all of the statement about the gay pride parades, all of the fight and discrimination we have in the workplace and hate crimes, thank you for doing what is so patriotic. in doing so, we honor the bows of our founders and we make america more american. thank you all. [applause] >> our lifetime achievement grand marshal is going to take over my duties and introduce all of the other elected officials. i would like to remark that as an architect it was a great honor to be the team liaison to the joint venture that renovated city hall. worked directly with willie brown to achieve presentations. in our first meeting, you came in and said, do what is right for the buildin

and, next: barney frank, rod blagojevich get a taste of the know spin zone special series on strangeactor moments continues. we hope you stay tuned. building pass, corporate card, verizon 4g lte phone. the global ready one ? yeah, but you won't need... ♪ hajimemashite. hajimemashite. hajimemashite. you guys like football ? thank you so much. i'm stoked. you stoked ? totally. ... and he says, "under the mattress." souse le matelas. ( laughter ) why's the new guy sending me emails from paris ? paris, france ? verizon's 4g lte devices are global-ready. plus, global data for just $25. only from verizon. so what i'm saying is, people like options. when you take geico, you can call them anytime you feel like saving money. it don't matter, day or night. use your computer, your smartphone, your tablet, whatever. the point is, you have options. oh, how convenient. hey. crab cakes, what are you looking at? geico. fifteen minutes could save you fifteen percent or more on car insurance. >> bill: in the impact segment tonight, we wrap up our series on the strangest moments in factor history. with

. >> barney frank has taken a hike. >> that is worth talking about. you see in this congress michele bachmann and michele bachmann one of these -- wannabe's. there are fights about redistricting. >> use of the one strength the president obama, his rhetorical skill, is not sufficient. >> it has not been used at the scale necessary in this time of crisis. america is in a crossroads. this is a moment comparable to coming out of the great depression. this was a moment coming out of the financial crisis when tectonic shifts are under way in this country. hope is not a policy. policy is a wonky word. hope needs a story, a narrative. here is what is going on in this country. president obama now is speaking more forcefully about what he wants to do it and against smoking out those who are obstructing. this is really wonky. anyway, i think one of the most exciting things are the movements of our times. i closed this book out before occupy. i wrote about wisconsin. our correspondent was there for 57 days. that was about occupying the state house. occupy has bec

barney frank talk about michele bachmann. he also called out newt gingrich and said he held him responsible for the demonization of opponents that has contributed to the atmosphere we live in today. i do think he came into the house. he slashed all of the caucasus and civility. we are seeing this. this is a man who a few days ago talked about education reform in the context of firing the janitors in schools and putting the kids to work. a lot of the media called that unconventional. [laughter] let's repeal child labor laws that we fought hard for in this country. bring in dickens to chronicle it. i do think there is the cruelty amidst the reality show debates we have been subjected to. who is running this, entertainment or news? there is a cruelty when people cheer that someone dies without health care or bbo a soldier that dies in iraq. >> i am joking about herman cain. he is a guy who cannot hide the truth well. that makes me more comfortable with the idea that i know who he is about so i can make a decision. >> are you tal

on trial should be barney frank. barney frank -- [applause] the man who said we should roll the dice on the housing market and we did world that guys and americans lost trillions of dollars. i would submit that chris dodd, the former senator from connecticut, should be on trial for having cozy relationships with the very types of people like countrywide that he was supposed to be regulating. i would submit that fannie mae and freddie mac should be on trial for providing 100% guarante, taxpayer backed guarantees for mortgages and ladies and gentlemen of all the bailouts we did, the two institutions that never paid back any of the money that they lent them as taxpayers were fannie mae and redding. they should be on trial here. i would submit that they 435 members of the united states house of representatives that voted for a 700 billion-dollar bailout, they should be on trial here. [applause] and so should the people who voted for the $800 billion failed stimulus plan and most importantly nancy pelosi should be on tria

they explained to me at the time and i think it's later confirmed by barney frank that that essentially they were asked by the obama administration to hold off on doing something so the obama people could put together an advance their own plan that eventually that happened in two thousand and nine the ministration announce a plan to help homeowners but unfortunately that program to was was really a complete failure and never particularly well designed and never really intended to help homeowners as much as was another way to support the banks so to answer your question everyone yet it was the same guy or hank paulson it was the bush crew the obama crew they all came to the same result which was basically save the banks and screw the screw the homeowner on main street to what extent do you think that might have been the consequence of a political financing system run amok where politicians be the bush or obama administration politicians knew that they needed the money from wall street wall street was blogging heavily some of these people on wall street individuals making a billion two bi

>> bill: tonight we wind up our strangest moments in factor history series and barney frank tops the list. >> you start ranting and the only way to respond is almost to look as boorish as you. >> pearl harbor, the day of infamy. >> bill: also ahead, the great american news quiz the world war ii edition, how much do you know about a defining victory for america. >> bill: caution, you where to enter the no spin zone. the fact for begins right now. >> bill: hi, i'm bill o'reilly. thanks for watching us tonight. big victory for traditional forces in america. that is the subject of this evening's talking points memo. thousands of folks lined up yesterday to buy chicken at more than 1600 chick-fil-a restaurants across the country. they did this because some liberal politicians want to keep chick-fil-a out of their cities. we believe in freedom of speech and we're very proud of what we stand for. we love chick-fil-a. >> because of his personal religious beliefs to have condemning a entire company because their sphowrnd a christian it's just wrong, wrong. >> it's definitely unfair it's a bul

no. 2, i can't swim naked but barney frank and walk around like this? and the number one congressman's excuse, that is how we party in kansas. >> that is david letterman poking a little fun at republican congressman kevin yoder who is under fire for skinny dipping. >> leave it to david letterman. shares of apple hit an all-time high justin shares of facebook and ripon were plunging to all- time lows >> here to explain is jill, the editor at large from money watch. let's start with the new kids on the block, facebook and ripon. >> against investing in social media is 2011. facebook stock actually fell to an all-time low of $18.75 per share yesterday. fire at just over $20 per share that it is now down over 47% from the ipo. the once sparkling bailey deal website groupon closed at $4.64 yesterday. that is down 77%. that reminds you of the dot com boom and bust. >> contrast that with apple which is soaring right now >> the thing about the social media companies, and they were speculative bets. sold 20 million shares of facebook when the first opportunity c

you can thank barney franks and chris dodd on that. >> so everything bad under obama is his fault andey frank's fault. >> heather: excuse me. >> that was generation. >> again, george bush not around to stop it. >> we had a divided government. you guys have to take some of the blame, too. >> excuse me. i can blame john boehner. >> you have been blaming bub for the last three and a half years. >> we tried it before. we have seen how it turned out. if people want to go back what happened under george bush it was an economic scheme. we can't afford it, george bush exploded the deficit. >> your president exploded the difficulty. >> heather: all right. definitely a heated debate had which is the problem on capitol hill. everybody has an opinion and they don't let each other talk. thank you for joining us. >> gregg: returning now to our top story, south of milwaukee. at a seek temple a gunman opening fire shortly before 10:30 a.m. six people have been killed. the gunman was also killed. we do expect a news update any moment now from the police department there as to especially the condition

that is further that barney frank and the hardcore liberals in the congress were ever willing to go.>neil: whatever the case, governor, it doesn't seem to be helping the congressman right now, a number people and you were the first, when all this blew up, indicated to you, first, he was not leaving, no reason to leave the race. other conservatives have come out and said, for the good of the pair, leave the race if the team. it is a huge distraction. i know you are a big conservative and right-to-lifer, but do they have a point? >>governor huckabee: they might. at this point, here is the deal. it is so easy for people who have never run for office, but you have to we remember, he put two years of his life and that of his family and supporters into the race. you do not just suddenly say one thing and, well, i will quit. it was unrealistic that people --. >>neil: do you think the party has been unfair? >>governor huckabee: i do. the party has an opportunity, this can be a teachable moment. it is not that it is not recoverable they need to continue to acknowledge what he said was wrong.

your mom should be able to dance at barney frank's we hadding into we've got dancing to talk about. >first of all let's do senator clinton or secretary of state clinton, he was busting the move. let's play that for one moment. [ ♪ music ♪ ] >> jennifer: this is in south africa having a great time. and then of course these democratic women all know how to have a great time. we also have a video of nancy pelosi also having a great time. do we have that? [ ♪ music ♪ ] >> rock on, mother. >> jennifer: rock on, it's totally great. democrats can have a great time. >> i met my wife dancing. yes, she turned me down three times and then agreed to dance with me. >> jennifer: before the end of the election we're going to get the two of you to bust a move here. >> a dance-off. >> jennifer: i'm just saying. >> dancing with the politicos. >> jennifer: we're come together end of our segment but i have to hone in on the vice presidential stuff. this is the news for the next three weeks leading into the convention. you think it's going to be or chris christie. >> i think he could move things, changes

. >> bill: strange moments in factor history continues tomorrow with barney frank and rob blagojevich. come right back comedians fed one liberals attacking them. later the factor tip of the day. this one will save you some money. moments away. >> bill: thanks for staying with us. i'm bill o'reilly. in the did you see that segment tonight. two interesting sound bites for you. comedians lovitz and deign i can't carvey who made it big on "saturday night live" discussed why left wingers, some of them get angry when president obama is mocked. >> as a comic they went after me for that i put what i thought was a sarcastic joke of the president and peace prize saying you didn't earn that nobel peace prize when i built my business. i was being sarcastic. how do you feel, you know, going after comedians, going after in clubs, you know, you say well, like glad or different organizations just because you are a comic doing your stand-up act in a comedy club that doesn't mean it's a joke. i'm saying of course it means it's a joke. you are a comic. you know, you may not like the joke, you may not ge

look, this is the one thing and as far as radical -- >> did you just go back and whip barney frank one last time? how far back do you want to go? >> and the fact is -- >> the fact is, this is not a difference of opinion, it's a matter of fact. women do not have spermicidal secretions when they are raped. that's fantasy. that's what todd akin preferred though. >> i want to go back to a strong position rick may hold here. one good shot here. rick, as the republican party leadership, people like romney, the presumed nominee of the party, reince priebus, the chairman of the party, do they no longer enjoy true authority? are they respected as leaders in the party who can say to the republicans in missouri, you shouldn't have this guy as your nominee for senator and therefore, you should find someone else and get him to remove himself? have they lost that authority? >> well, they've all said that. look, it's governed not only by party rules, it's governed by legalities and right now, todd akin holds the cards here. he can decide whether to run or not. the leaders only can lead so far as peop