Posts about Barney Frank as of October 25, 2009

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BHASKAR SUNKARAOR: Foofooraw: The Dialectic of Impotence 2:45 pm: the day before Obama’s inauguration.  The temperature is well below zero. I’m more than slightly intoxicated, ruing the poor blood circulation in my hands and wondering if Shyne is still in prison, all the while navigating through checkpoints around the White House on the way back to my dorm.  I strike up a conversation with, then give two exchange students from Germany some absolutely awful directions.  Unable to convince a national

DC Equality March – photo by Brian T. Clark Source: www.newyorkqnews.com By Brian T. Clark, LCSW, CASAC, Psychotherapist This year’s grassroots ‘Equality Across America’ March, on October 11, showed a generational shift in the LGBT movement. While there was optimism about President Obama on the part of LGBT youth, which represented much of the 150,000 to 200,000 rally attendees, many don’t seem willing to wait for the President to fulfill his words of support for the LGBT community.

DC Equality March – photo by Brian T. Clark Source: www.newyorkqnews.com By Michael K. Lavers  [this story first appeared on Xtra.ca] A clear blue sky greeted the more than an estimated 150,000 people who took part in the US National Equality March in Washington on Oct 11. Participants carried a colorful array of signs that read, among other things, “Zsa Zsa Gabor had nine husbands legally; I just want one,” “Mr President, what happened to the fierce urgency of now,” “Teabaggers for gay rights” and other slogans as they passed the White House and other landmarks along the 2.2 mile route that ended on the US Capitol’s West Lawn.

Oct.24, 2009 in barack obama1082 Comments, last updated on Saturday Oct 24 by The GolemTags: elesctions2008

Note: Barney Frank is an idiot, but he’s a useful idiot right now.

Thursday a lot of us may have missed an historic vote in the House Financial Services Committee. I don’t know if anyone is calling it “bipartisan” just because one Republican, Mike Castle, went along for the ride by Barney Frank’s committee voted 39-29 to create a federal agency devoted to protecting consumers from predatory lending, abusive overdraft fees and unfair rate hikes.

From the pages of Government Doesn’t Listen, Part MMXLVII, we have this stunning example from the House Financial Services Committee.  Yesterday, Reps. Maxine Waters, Barney Frank, and the rest of the Democrats decided to grant community organizers governing powers by giving them a role in shaping and enforcing new regulations on the American financial industry.  That seems to include, although not explicitly, ACORN:During consideration of H.R.

Ambre Lake from. Ambre Lake from “Rock of Love” turned heads on Wednesday when she took her shirt off for gay marriage in front of a Mormon temple in L.A. — and the cops were forced to intervene. Ambre taped her mouth, First off, Ambre Lake is 37 years old, not 32 like she told Bret. Was that the only bombshell dropped this week? Nope, not even the only bombshell dropped. I found this photo of Ambre Lake , the former love interest for Bret Michaels after he chose her on Rock of Love.

The Obama administration Monday plans to unveil a new plan for dealing with troubled financial giants, a senior House lawmaker said Friday, adding that Congress is also eyeing potentially major changes for regulating the insurance industry. House Financial Services Committee Chairman Barney Frank, Massachusetts Democrat and a chief architect of the financial regulation overhaul, declined Friday to give details on the administration’s new bill, which would give the government the power to dismantle large financial companies that run into crippling balance-sheet problems.

“You wouldn’t believe how badly they treated her,” an insider friend told me of Sarah Palin not too long ago. I assumed this person meant the Republican establishment.

Federal Reserve Chairman Ben S. Bernanke this week weighed in on the debate about speeding up the effective date for key provisions of the new credit card law to protect consumers from further credit card interest rate increases . In a letter to Congress, Bernanke argued that faster implementation would run the risk of hurting consumers as much as it would help them. The letter came in reaction to efforts by Rep. Barney Frank, D-Mass.

While Congress has been considering the Consumer Financial Protection Agency, action on unfair overdraft fees has not slowed. Earlier this week, Senate Banking Committee Chairman Chris Dodd (D-CT) (his statement ) and Senators and fellow committee members Jeff Merkley (D-OR), Sherrod Brown (D-OH), Chuck Schumer (D-NY) and Jack Reed (D-RI) introduced overdraft fee reform legislation ( statement from PIRG and others). Also, Reps. Carolyn Maloney (D-NY) and Barney Frank (D-MA) introduced a new version of their overdraft reforms.

By Eva Norlyk Smith, Ph.D. Credit cardholders across the country got a nasty surprise last week, as Citigroup informed thousands of cardholders that the interest rate on their credit cards would be raised to 29.99%. The rate hike puts cardholders’ interest at levels that in the past were considered default interest rates, previously reserved for cardholders that had several late payments in a row or were more than 30 days behind on their credit card payments.

by David Reilly Bloomberg.com Oct. 23 (Bloomberg) — Forty years ago, the U.S. government said the $100 bill would be the highest-denomination note. With the Federal Reserve now trying to print its way out of the financial crisis, it may be time to revisit that decision. Reinstating $10,000 or $100,000 notes — which existed in limited fashion years ago — won’t cut it. In today’s, “Brother, can you spare a trillion dollars?” economy, we need to think bigger — a $1 million bill may be in order.