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 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 FrankCan I say one other thing that`s very important? I`m indebted to Donald Trump for a long time, we`ve had this problem that people disliked government. And the health care bill has shown reminded people and Donald Trump has shown people there is something a lot worse than government. It`s not government. That as bad as they might have thought the government was on health care, it`s now created people that the absence of government healthcare is even worse.
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