Political Quotes

On the recordFebruary 24, 2009
We have an unhappiness on the part of a lot of citizens who are suffering deeply from the consequences of mistakes which most of them didn't make.
Said by
Barney Frank
Democratic · Massachusetts

Editor's note · Context

Frank acknowledges public frustration over economic hardships caused by others' mistakes.

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More from Barney Frank

Jul 22, 2014

The problem was not so much that we deregulated as a society, but that we did not have new regulations to keep up with new activity.

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I know people in my district who have gone to jail for writing bad checks for $1,000 and yet these people are still walking around.

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I am again very surprised to hear my Republican friends now say our problem is that we have toughened up the standards for banks loaning to people.

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