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The Republican Barney Frank?

by Michael C. Bender | June 30th, 2009

Frank

Frank

That’s part of the curious headline on a Wall Street Journal editorial this morning that (again) rips Gov. Charlie Crist’s property insurance policies. Crist vetoed a bill last week that would have let State Farm and the state’s largest insurers offer their customers unregulated rates.

What does that have to do with U.S. Rep. Frank? Here’s the one mention of the Massachusetts Democrat:

The Republican legislature tried to reduce those future losses, but Mr. Crist sounded like Barney Frank rolling the dice on Fannie Mae in declaring there’s nothing to worry about.

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3 Responses to “The Republican Barney Frank?”

  1. Arthro Says:

    Why doesn’t the Palm Beach Post get the comparison?

    Barney Frank is widely blamed for the meltdown of Fannie and Freddie, saying often that all was okay, in the face of critics who warned of an impending financial disaster.

    By vetoing HB 1171, Crist has done the same thing. In the face of overwhelming support for the bill as one fix to the huge Cat Fund shortfall, Crist has left Florida wide open for a financial meltdown after the next big hurricane hits us.

    That’s what it has to do with Barney Frank.

    By the way, if Crist doesn’t think HB 1171 is a good answer, why doesn’t he call for a special session to come up with another answer??? Florida still faces a huge financial disaster and everyone knows it. In vetoing HB 1171, Crist should have come up with another solution or called for a special session to find another solution, but the current property insurance system in Florida is not sustainable.

  2. Kamikazi Says:

    Arturo has it right.
    How would you feel if you knew your neighbor was spending like a fiend and wanted to stay on welfare because they planned to use the bankruptcy court to eliminate their debt at your expense.
    Intending to screw the vendor or lender by not paying your bills is as morally bankrupt as it is financially bankrupt.

    So why would I vote for a person who plans to not pay the price now and wait for Congress to bail us out by begging?
    I say that person is morally bankrupt and should not be allowed to hold a position where citizens well being is at stake.

    Barney Frank is a perfect analogy for Crist…Emporers who fiddle while the state burns…

  3. Outer Says:

    And just like Barney, Charlie enjoys gerbels.

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