Washington (CNN) - Massachusetts congressman Barney Frank, a prominent 16-term liberal Democrat and arch-enemy of political conservatives nationwide, will announce Monday he does not intend to seek re-election in 2012, according to a statement from Frank's office.
Frank, 71, will hold a news conference in his district to discuss the decision at 1 p.m.
Sorry for the typos.
Good riddence but, before I get to happy I can't help but wonder/worry what that goof ball district, that kept re-electing Barney to congress, will send to congress in his place.
Bye Bye Barney, You were living breathing proof that anybody, no matter how awful, can get reelected in Massacheusetts. Remember that town meeting at the height of your power/popularity when you asked that guy what planet he was from? That planet is where you and your arrogance are headed for.
Santa does exist!
Good Luck Barney! Thank you for fighting for the regular people. Nobody commanded more respect or was more knowledgable than you! You will be missed!!
Instead of stepping down, Barney should be arrested for a variety of crimes including sedition, bribery, and treason. The 'man's is a menace.
He definately has been been in office way too long. It's amazing people just vote for the same person running for office due to name recognition . Barney will get a wonderful golden parachute from his dealings in government. He wins and the taxpayer loses.
Too little to late Barney...as an independent in Ma this is great news!!
Term Limits seem to be the theme here... I would propose No Consecutive Terms Period for Federal Offices.
Yea or Nay ??
affirmitive action in progress!! The network suits offered him free motel expenses for life so as to sign him up on winfrreys network to be a cohost with, rosie.
Politics were never meant to be a life time career even though those bozos start believing their own press releases and that they themselves are the best thing since sliced bread. He saw the writing on the wall and decided to duck for cover. I wish all of them would do the same.
The right is afraid of Frank which is why they're all rejoicing. It's all good though. Elizabeth Warren is going to win the Senate seat.
Yes, we need term limits for Congress! No more than 2 terms or 6 years, whichever is shorter, for anyone. Any longer than that and these people get too much power and control and don't act in the voters' best interest. In fact, we should also eliminate their pensions. There's no reason a person should get a pension after such a short term working.
Anybody who thinks that Fannie and Freddie were the start of the crisis is the kind of person who thinks shutting the barn door after the horses got is a good way of containing them. The acts these people think caused this crisis occured after the peak of the housing market. The downturn in the housing market, the bursting of the bubble, is what made so many of those toxic assets toxic. Therefore, everything of real consequence, that policy could have prevented the mess, happened before Democrats even took back Congress.
Anybody who truly complains about politicians being unaccountable should understand these facts first before they shoot their mouth off, and blame everything on one Congressman who wasn't even in the majority when the critical legislation came through Congress.
It is always nice to read some good news for a change!!!!
Another lobbyist for the banking industry in the making.
Hopefully he is not going to be running Fanny or Freddy! He's already proven he can screw those up.
as my rep for 30 years, I say good riddance.
This fool's actions led to the bank failures, he should be in prison. Term limits and sperm limits.
CHANGE I can believe in. One of the greatest congressional cleansing events in history. Let HOPE this wonderful event spreads among other Dems that can't have anymore more fun without Dems controlling the House. Barney blew (no pun intended) his reputation on FNMA and Frank-Dodd. What a fool and what foolish people who kept him in office all those years. Geez, with Ted and Barnie gone, the state can rejoin reality. Now I can boldly HOPE that Obama ducks on a second term or is booted out office.
Too bad the people of Brookline, MA didn't have the sense to vote this criminal out of office long ago!
What's wrong Barney, don't think you could win another election? Come on....the good liberals of Mass won't know what to do without you in office.
I find it amazing that just because one conservative politician, Gingrich, says Rep. Frank "belongs in jail" ( for his own political gain ) that suddenly the entire neo-con virtual universe is blaming Frank for the entire financial collapse. What a hypocrite Gingrich was to say that. Frank wrote financial reform bill, but is now criminally responsible for the financial collapse just because Newt said so???
The historical facts say that the policies were enacted by a Republican-controlled House, passed by a Republican-controlled Senate, all at the encouragement of "Gingrich the Advisor". Furthermore, the policies were signed into law by a Republican in the White House.
Barney must be next in line to chair Fannie or Freddie and get another $5M from the taxpayers. And, yes, there must be an investigation that is gonna end up in his lap; He IS responsible for this mortgage mess and forced thru yet more requirements on lenders to start the damned sub-prime loans again;
Barney has made his millions – along with all the rest of his kind. Term limits for both sides. They're ALL crooked after being in power for a while. Give all wounded vets the same benefits that these crooks in Washington have. Let these fools live with same benefits and laws that the rest of us have to abide by. TERM LIMITS.