Barney Frank said...

the European situation is one of the major threats to our being able to continue our recovery.

a disastrous effect on the American economy would also have a negative effect on the President's chances for reelection.

I think, a somewhat inaccurate partisan attack on the general fiscal policy of the United States.

So, in fact, the IMF, to date, has not had any net negative impact on the American taxpayer.