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I am not aware of any specific provision that mandates any tightening of lending to small business other than a requirement that people who lend and then sell that loan be prepared to take a part of the risk. And I'm proud of that.
Barney Frank
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Barney Frank
Age: 84
Born: 1940
Born: March 31
Former U.S. Representative
Politician
Bayonne
New Jersey
Barnett Frank
Prepared
Lend
Proud
Provision
Risk
Loan
Small
Requirements
Business
Specific
Tightening
Part
Sell
Lending
Take
Sells
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Mandates
More quotes by Barney Frank
The single most important thing you can do politically for gay rights is to come out. Not to write a letter to your congressman but to come out.
Barney Frank
These two entities—Fannie Mae and Freddie Mac—are not facing any kind of financial crisis.
Barney Frank
I have this fear that one day there's going to be a fire in the Senate and there are only going to be 57 senators there and they’ll all die because they won't have 60 votes to allow themselves to leave the building.
Barney Frank
What's troubling is that the Republicans to defend Mr. DeLay are weakening the ethics process.
Barney Frank
In the debate between those who believe in essentially unregulated markets and others who hold that reasonable regulation diminishes market excesses without inhibiting their basic function, the subprime situation unfortunately provides ammunition for the latter view.
Barney Frank
The best antidote to prejudice is reality.
Barney Frank
I hope we will not so characterize religious people as being so narrow and so biased towards people not of their own religion that they cannot even work with them in this common cause to which you say they are committed.
Barney Frank
Moderate Republicans are reverse Houdinis. They tie themselves up in knots and then tell you they can’t do anything because they’re tied up in knots.
Barney Frank
It is because the fight against the harshest aspects of unrestricted capitalism is therefore a political problem and not an intellectual one that community action remains so essential.
Barney Frank
When I was here there was still a requirement that students had to swim 50 yards to graduate...because Harry Elkins Widener had drowned with the sinking of the Titanic. And it made me very grateful at the time that he had not gone down in a plane crash.
Barney Frank
I can tell you about health care and also about the financial reform bill. The Barack Obama, the President personally and his administration officials at his direction were very much involved.
Barney Frank
Serving in Congress is like having a second shot at high school.
Barney Frank
Most people who are activists and are concerned about issues get their information from sources which reinforce their opinions and give them the facts that they want to hear.
Barney Frank
Capitalism works better from every perspective when the economic decision makers are forced to share power with those who will be affected by those decisions.
Barney Frank
And I think there is too much bloviating around from politicians.
Barney Frank
Ronald Reagan believes in the free market like some people believe in unicorns.
Barney Frank
Let us not say that we will decide on a political basis at the national level that no State is competent to regulate the practice of medicine in that State if they decide to allow a doctor to prescribe marijuana, because that is what we are talking about.
Barney Frank
Lawyers are very, very good at keeping you out of prison, but they will sacrifice your reputation and credibility to do so.
Barney Frank
If people knew of ethics violations, they should have sent them to the Ethics Committee. If you think there was serious ethics violation that ought to be looked at, you don't hold it back for retaliatory purposes.
Barney Frank
But when others suggested that the poor should not simply be the objects of these programs but also the subjects - that they should be actively involved in shaping the programs, making decisions about how to spend the money etc. - some of the previous supporters reconsidered.
Barney Frank