These two entitiesโFannie Mae and Freddie Macโare not facing any kind of financial crisis.
Barney FrankRegarding homophobia in general, the good news is that there is a lot less of it than there used to be. The bad news is that it ever existed in the first place, and the worse news is that it remains far stronger than is healthy for a society dedicated in theory to equality under the law.
Barney FrankI'm used to being in the minority. I'm a left-handed, gay Jew. I've never felt, automatically, a member of any majority.
Barney FrankLawyers are very, very good at keeping you out of prison, but they will sacrifice your reputation and credibility to do so.
Barney FrankTrying 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 Frank