Tag Archives: Barney Frank
Politics cuts a wide swath across America yet there is a confluence of news items this past week that landed squarely in our backyard here in Massachusetts. There is a trio of happenings and utterances that would otherwise come as no surprise were it not for the local connection of the people who uttered them.
Here is the first revelation: Obamacare was a mistake. Congressman Barney Frank said so. He said, “I think we paid a terrible price for health care. I would not have pushed it as hard. As a matter of fact, after Scott Brown won, I suggested going back.” Mr. Frank counseled the President on pressing forward without a mandate and the risk of alienation of a country that was, and remains, intensely skeptical of a widespread reform. Of course, that did not stop him from voting the party line in lockstep with then Speaker Nancy Pelosi and the rest of the Massachusetts Congressional delegation. Instead, Obamacare narrowly passed the House and technically passed the Senate. The newly minted 41st Republican Senator Scott Brown never cast a vote in the intense debate. His sword was never unsheathed.
Here is revelation number two. Enter former Congressman Patrick Kennedy of Rhode Island. He now heads up a non-profit group that had sought Administration support. He wanted to ensure access to the White House. Funny, a Kennedy wanted to buy his way into the White House. Patrick Kennedy plunked down a maximum donation of $35,800 with apparent gladness. He said that this is the way the system works. Quoting Kennedy, “If you want to call it ‘quid pro quo,’ fine,” he said. “At the end of the day, I want to make sure I do my part.”
Do my part? To what end? Should public policy be left in the hands of well healed donors, only? Patrick Kennedy seems to think so. It is part of the process that guarantees access to decision makers and thought leaders. Money talks, nobody walks.
This brings us to the third revelation. Isn’t it interesting that 31 year old Joseph P. Kennedy III is running for the seat vacated by Barney Frank in the newly redrawn Massachusetts 4th Congressional District? He seems like a nice enough person: a couple of college degrees; a stint in the Dominican Republic as the only Peace Corps volunteer from the Kennedy family; and a few years experience as an Assistant District Attorney. He has not a lick of business experience. He is, at best, a lawyer.
But that has not stopped him from raising more money than any sitting member of the Massachusetts delegation by a factor of almost 3 to 1. He has raised $1.3 million dollars. About 20% came from PACs eager to ride that bandwagon once again. So eager was the AFL-CIO that he received their endorsement before he announced his candidacy!
So what does that money buy? What are donors expecting from young Joe Kennedy? Access.
What I want from my Congressman is empathy, understanding and action. So far, Joe Kennedy is failing in each area. He recently visited a diner that I frequent and asked the right question of the proprietor: How’s business? When he heard the truth about the state of small business in this Commonwealth, his jaw dropped.
Said the proprietor: “The federal government is in one pocket, the state government is in the other. When I put my hand into my own pockets, there is nothing left. All you guys want to do is take out more. It’s not there. I can’t give what I don’t have.” Joe the 3rd had no answers. He had not even a retort.
Like every small business owner I know, this one pays himself last and he hasn’t paid himself in a long, long time. Even if he were so inclined, he could not even conceive of making a political contribution to gain access to the House of Representatives no less the White House. This notion of quid pro quo that Joe Kennedy’s uncle praises falls upon deaf ears for this small business owner.
Small business is barely holding on in this country. Shops that depend upon discretionary income are folding their tents. Three quarters don’t need new employees as sales won’t justify the costs. Two thirds are worried about the state of the economy. Half worry about cash flows and their ability to make payroll. Half worry about the cost of healthcare and new government regulation. A quarter are worried about remaining in business for the next 12 months.
Economic growth is the surest way out of this calamity but we must also seek systemic and permanent cuts in taxes and fees that serve only to redistribute wealth. If our goal is to provide for the neediest in this country let’s do that. But do not make those who take the big chances and risk it all become poor in the pursuit of a utopian dream of equal outcomes for all.
This November, former Massachusetts Governor Mitt Romney will top the ballot in what is shaping up to be a very close election. The most hotly contested Senate race is Massachusetts Senator Scott Brown versus Elizabeth Warren. Barney Frank is hoping to bequeath his seat to a member of the Kennedy dynasty who has not yet earned his stripes in life.
This will be the most interesting place to be in the country on November 6th.
The monthly jobs report came out this week and it reflects an increase of 140,000 jobs. Sounds like a lot doesn’t it? Well, 140,000 jobs is less than this economy requires every month to offset the new job hunters that enter the marketplace. So, how did the unemployment rate go down then? The sad truth is that 315,000 people decided to stop looking for jobs. By the way, new jobless claims topped 400,000 for the last month but that data is not included in this month’s unemployment figure.
The economy is in a mess and increasingly we turn towards Congress to divine a solution. But who are these people to whom we turn? What are their qualifications to transform an economy? Where are their credentials to lead in business? How have they earned the right to speak with authority on the subject of directing our economy?
Let’s take a look at a few of the Congressmen in Massachusetts who have been self-proclaimed defenders of the economy; the fathers of economic recovery. There is Richard Neal, a 23 year incumbent who made his way to Congress via the City of Springfield as Mayor, as City Councilor and assistant to the Mayor. He has a degree in political science. He has taught some high school courses early in his career but I can’t find any evidence of experience that might provide insight into running a business, even a corner bodega. Verdict: career politician.
Then there is Congressman Jim McGovern. His career has been completely contained within politics. He has a degree in Public Administration. He was active in the Presidential campaign of Senator George McGovern (no relation). He was a Congressional aide to Joe Moakley of Massachusetts and successfully ran and won election to Congress in 1996. I heard Mr. McGovern speak this week before a council of manufacturing executives. He said he originally campaigned as a proponent of manufacturing in the state and the country but admitted that when he actually went to DC, he had no idea what he was talking about. I suspect that he has no better idea today than he did in 1996 or he would not have supported the legislation that has wrought havoc on the economy. I have no evidence that Jim McGovern has sold lemonade from a roadside stand no less understands the complexities of global enterprise. Verdict: career politician.
One more favorite is surely Barney Frank. He earned his degree in law at Harvard but never seems to have used it. He was a political aide then a Massachusetts legislator before ascending to US Congress. That is 40 years of politics and, again, there is not a hint that Mr. Frank has developed even the tiniest bit of business acumen during that time. Verdict: career politician.
Perhaps you are detecting a pattern here in the Commonwealth that we value our elected officials as politicians. And why not? They bring home the bacon, don’t they? Think Big Dig, that pet project of another famous Massachusetts politician, Tip O’Neill. He parlayed a $2.8 billion dollar project into something big and hideous that will cost, according to the Boston Globe, some $22 billion dollars. Tip O’Neill got involved in politics at age 15 when he campaigned for Al Smith. Verdict: career politician.
The Massachusetts democrats have a very long history of grooming its politicians seemingly from political puberty. What it has got us is a group of careerists bent upon advancing themselves politically at any cost and without any business experience. Nor is there is not a veteran among them. They know well how to service constituents with benefits but they know not about service to a higher cause. We don’t need another Big Dig or a highway repaving project to get us out of this mess but that is the usual litany of public works projects proposed to stimulate the economy. It is formulaic of old school politicians; formulaic of ways gone by; formulaic of failure.
So what is the new formula? It must include people who have lived an American Life: a life filled with trial and tribulation with a job that requires them to add value every day. I want them to know what it is like to take a position of financial risk. I want them to have a sense of sacrificial service to country. In short, I want to send a person to Congress who is more like you and me than like Richard Neal, Jim McGovern or Barney Frank.
There is a golden opportunity in Massachusetts to put in a career citizen in the new Fourth Congressional District, a person like you and me. That seat will be open when Barney Frank retires next year. When the New Age of Massachusetts candidate emerges they will require a full court press from people like us to put people like us, career citizens, into Congress from Massachusetts.