We have created in America a permanent political class that has powerful incentives to remain in office and grow government. Protected from accountability by gerrymandered districts and financial support from special interests, its members at times actually defy their constituents, as they did on the illegal immigration issue in 2007 and the mortgage bailout bill in 2008. It's time to hold our politicians to account.
Saturday, April 17, 2010
"We have, I think, an excessive degree of concern right now about home ownership and its role in the economy... those who argue that housing prices are now at the point of a bubble seem to me to be missing a very important point... This is not the dot-com situation... you're not going to see the collapse that you see when people talk about a bubble." Rep. Barney Frank (D-MA), June 2005.

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