Trying to avert foreclosures, once you can't just force the banks to do it as a condition of getting aid, means that you have to put some public money into it or you have to do other things that are politically unpopular. From the macroeconomic standpoint there is overwhelming need to help people reduce what they owe so that we don't get the foreclosures and we don't get people kicked out of their homes. On the other hand, there is great resistance politically to helping people, not all of whom would be worth recipients of the help.
Barney FrankThe Moral Majority supports legislators who oppose abortions but also oppose child nutrition and day care. From their perspective, life begins at conception and ends at birth.
Barney FrankExcessive partisanship is the problem. There has never been a democracy in the history of the world in a polity of any size where you didn't have political parties. Even sometimes over the objections of the people who started it.
Barney FrankIt 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 FrankThe most active people in the country know different things, and because each one tends to hear mostly and deal mostly with people with whom they agree, they are reinforced not simply in the conviction that they are right, which is totally appropriate, but that they are the majority. So you have both sides, the Left and the Right, thinking that the majority of the country is really with them.
Barney Frank