Download Mike Reagan Mug Photo Michael Reagan, 11/29/2011 [Archive]

Barney Frank : Good Riddance

Barney Frank: Good Riddance

Making Sense, by Michael Reagan

To listen to the "elite" media you'd think that a renowned statesman was regrettably planning to leave the political scene.

As Jason Mattera of Human Events has noted, "After his announcement that he won't seek reelection, the Washington Post heralded the disheveled congressman Barney Frank as leaving a 'legacy that crosses from legislative cornerstones to political confrontations to a historic place as the nation's most prominent gay lawmaker.' "

Paul Kane of the Post continued to slobber: "On the left, Frank was a hero both for his effort to rein in the nation's largest banks and for his role in promoting gay rights, having been the first member of Congress to declare his sexual orientation while in office."

The Post glossed over the fact that Barney Frank's homosexual roommate and lover had once used the congressman's residence almost as a brothel. That, I assume, comes under the heading of "promoting gay rights."

For all his sexual deviancy, Barney Frank's greatest offense had more to do with his ultra-left wing policies.

During his 16 terms in Congress Barney Frank was ultra-liberalism's poster boy — witty and quotable, but fundamentally wrong on so many issues.

Called by Britain's Telegraph newspaper "one of the most strident liberal voices" among the Democrat members of Congress, Frank championed scores of far-left policies over his 30-plus years on Capitol Hill.

Frank said that running for re-election in his newly redrawn Congressional district would prove too strenuous and that he had chosen to step down rather than engage in a tough re-election fight.

The damage Frank caused to the economic health of this nation -- especially in the housing scandal, where his meddling with the industry brought the United States to the brink of a national banking disaster -- is unforgivable.

The facts are familiar but worth reviewing. Frank worked to expand the reach of the Community Reinvestment Act of 1977 and opposed oversight of Fannie Mae and Freddie Mac for many years during both Democrat and Republican administrations.

In 1991, Frank fought to loosen lending regulations for two- and three-family homes, even though the default rate in that sector was much higher than the single-family sector. He later blocked a Clinton administration plan to pull the reins on Fannie Mae.

During that period, Frank's sexual partner was a Fannie Mae executive, Herb Moses. Shockingly, the revelation didn't prevent Frank's re-election and he went on to do more damage to the economy.

As ranking minority member of the House Financial Services Committee starting in 2003, Frank strenuously opposed tighter regulation of Fannie Mae and Freddie Mac even as the warning signs of risky management and impending disaster became strong, and Republicans tried to take action. He accused his opponents of exaggerating the facts, the Republican reforms lost steam, and the result was the great recession we are still trying to shake off.

Not allowing a crisis go to waste, the disingenuous Frank then tried to cover up his mistakes with the Dodd-Frank "reforms" of 2010, which are nothing more than a Democrat wish list of ways to stifle economic recovery. Higher bank fees and layoffs are just a couple of inevitable consequences.

Like a sexually transmitted disease, Barney Frank was the gift that kept on giving. He will not be missed.

Michael Reagan is the son of President Ronald Reagan, a political consultant, and the author of "The New Reagan Revolution" (St. Martin's Press, 2011). He is the founder and chairman of The Reagan Group and president of The Reagan Legacy Foundation. Visit his website at www.reagan.com, or e-mail comments to Reagan@caglecartoons.com.

© 2011 Mike Reagan. Mike's column is distributed exclusively by: Cagle Cartoons, Inc., newspaper syndicate. For info contact Sales. E-mail Sales@cagle.com, (805) 969-2829.



Download Michael Reagan's color photo - Download Michael Reagan's black and white mug shot photo
Why not run a cartoon with the column? We recommend the cartoons below as a good compliment to Michael Reagan's topic.
Click on the thumbnail images to preview and download the cartoons.

Related Cartoons

 Con  Fannie and Freddie Gusher COLOR
By: Nate Beeler

August 18, 2010

Barney Frank retiring
By: Taylor Jones

November 28, 2011

Good at Getting Bad
By: Larry Wright
The Detroit News
March 19, 2009

COLOR Good at Getting Bad
By: Larry Wright
The Detroit News
March 19, 2009

Holiday Foreclosures COLOR
By: Gary McCoy

December 22, 2010

Holiday Foreclosures
By: Gary McCoy

December 22, 2010

 Con  the start of the financial crisis COLOR
By: Eric Allie

November 25, 2008

Angry Mob COLOR
By: Eric Allie

March 21, 2009

 Con  The start of the financial crisis
By: Eric Allie

November 25, 2008

 Con  Angry Mob
By: Eric Allie

March 21, 2009

 Con  Franks impact COLOR
By: Eric Allie

November 30, 2011

 Con  Franks impact
By: Eric Allie

November 30, 2011
   

We do not accept and will not review unsolicited submissions from cartoonists.
Sales & Information: (805) 969-2829 sales@cagle.com
Billing Information: (805) 969-2829billing@cagle.com
Technical Support: support@cagle.com

FREE cartoons for your website if you're already a paying print subscriber!
Artwork and columns are copyrighted by each creator. All Rights Reserved. Unauthorized reproduction prohibited. [Privacy Policy]