Barney Frank: No such thing as too much government




Barney Frank: No Such Thing As Too Much Regulation

GLENN: We have Barney  Frank, Barney  Frank saying that there's just no such thing as too much regulation. I'm sorry. King George, is that you? That's fantastic. There's no such thing as too much regulation.

BARNEY FRANK: I think that the general fear that the ranking member and others think that we're going to over regulate on behalf of consumers is a fantasy unrelated to any experience. The Federal Government has never done that.

GLENN: Stop, stop, stop! That the government could over regulate is ‑‑ what did he say?

PAT: A fantasy beyond any human experience.

GLENN: Mao, Stalin, Hitler. I mean, I can't believe this. If you want to talk about a fantasy beyond any human experience, it's Barney  Frank. I mean, this guy is incredible to me. By the way, they're putting in this financial regulation that Fannie and Freddie are going to be financial institutions that if they fail, the private sector banks are required to unwind them. Excuse me? If they fail? It's only a matter of time until they fail. I know that's a Barney  Frank fantasy. All of Barney  Frank's fantasies seem to be your nightmare. If they fail? They will fail and then every bank in America will be required to unwind them. Barney  Frank, we're looking to see if we can get any video of this, Barney  Frank and some of the Republicans were trying to touch any of the Fannie and Freddie stuff in the banking regulation. Apparently he was a madman with a gavel and screaming, No, no, no, no! Of course, of course. This is going to lead ‑‑ I mean, how many different ways can we collapse the system? We have the gulf. The government might over regulate is beyond any kind of human experience? Let's just look at what's happening in the gulf. Shall we? What has happened in the gulf? You can't do anything with the berms. So, you've got to have that oil come. You couldn't suck up the oil because they didn't have enough fire extinguishers or life jackets on board. I don't know. I think those are two examples where the government has overregulated. You can't have anybody with a foreign or a foreign crew help contain the oil spill because of the Jones Act. There's three, just in the last week. I'm sorry. Am I human, because I'm experiencing this. Am I human?

PAT: Talking about Fannie and Freddie itself, where they forced banks into making loans that people couldn't afford.

GLENN: Right.

PAT: They had to, because of Federal regulation. They had to loan money to people who couldn't afford to payback the loan and that's what got us into this in the first place.

GLENN: It is. It's nuts. Play that again. I don't think I've ever heard anything that crazy.

BARNEY FRANK: I think that the general fear that the ranking members and others think that we're going to over regulate on behalf of consumers is a fantasy unrelated to any human experience.

GLENN: Any experience.

BARNEY FRANK: The Federal Government has never done that. The pressures are overwhelming and unrelenting to weaken consumer protection. The consumers are not there in the field full‑time. The people who are ‑‑ who they will from time to time, obviously not in every instance or most instances need protection, are there in place all the time. So, this defense of the existing model of consumer protection comes, I think, only from people who don't think consumer protection is very important. So, I hope that the amendment is defeated. Is there any further debate on this amendment?

GLENN: Is there any further debate on this amendment? You know, the idea that some man could spit so much is beyond all human experience. Sure, there were cats, there were cartoons that spit like this, but I don't think any human would spit while they're speaking a lot like this. It's beyond human experience.

This guy is crazy. What is his point? If we don't want more regulation, this fear that we could over regulate ‑‑ didn't the EPA say something along the lines that there is no part of your life that is beyond regulation? King George, this is why we broke away. I mean, are we completely unhinged and unpegged from anything that was American? What made us , Freedom. Not freedom from everything but now the only thing that we worship is freedom from responsibility. That's the only thing we worship now. That's the only thing that seems to matter anymore. Freedom from responsibility.

[NOTE: Transcript may have been edited to enhance readability - audio archive includes full segment as it was originally aired]

Former senior COVID adviser for the Biden administration Andy Slavitt suggested Americans should have "sacrificed a little bit more" to get through the pandemic during an interview with CBS' "This Morning" earlier this week.

Asked by host Tony Dokoupil how much of the pandemic was preventable, Slavitt responded by first blaming the Trump administration, then all Americans in general for not sacrificing enough.

"We obviously had a set of technical mistakes with the testing and the PPE that we know about. But if we're honest, there were also two other mistakes, that caused a lot of loss of life. One was just plainly political leadership mistakes. We denied the virus for too long under the Trump White House. There was too much squashing under divisions," Slavitt said.

"But I also think we all need to look at one another and ask ourselves, 'What do we need to do better next time?' And in many respects, being able to sacrifice a little bit for one another to get through this and to save more lives is going to be essential. And it's something that I think we could all have done a little bit better on," he continued.

On the radio program, Glenn Beck had more than a few fiery words for Slavitt, who is apparently unaware of the terrible toll this pandemic has had on the mental, physical, and emotional health of millions of Americans.

"We could have sacrificed a little bit more?" he asked. "So, the sacrifice of [nearly] 40% of all businesses now being closed, I mean permanently out of business ... was that sacrifice good enough? Or the fact that teen suicide now is up by 31%? A few more of us should have sacrificed our children, you know, throw them up on the altar of Anthony Fauci? I think we could have done it, right?"

"Go to hell," Glenn added. "Who do you think you are, telling us that we should sacrifice more?"

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President Joe Biden and world leaders are spending the week discussing the biggest issues across the globe. But Mike Pompeo, former Secretary of State during the Trump administration, believes more needs to be done.

Pompeo joined the "Glenn Beck Radio Program" Tuesday to talk about President Biden's upcoming meeting with Russian president Vladimir Putin, and to explain why he believes it's not just "appropriate," but necessary to hold Putin accountable for the recent cyberattacks on the Colonial Pipeline and the JBS meat processing company.

Pompeo said it's likely that "at the very least" Putin turned a blind eye to the major attacks against U.S. infrastructure. He stressed that the Biden administration should not abandon private businesses in the face of these ransomware hacks, but rather do everything possible to make sure those businesses' assets are secure from future invasions.

"This is an attack on America," Pompeo said. "It came through an attack on a commercial enterprise, but the capacity for pipelines to move product around on our east coast is an American national security interest.... We have to help these businesses protect their systems, and then there has to be a national effort to impose costs on those who put American lives at risk by denying available product around our country.

"Putin, at the very least, is turning a blind eye to [the cyberattacks], probably more. So, it's appropriate to hold Vladimir Putin and the Russians accountable for the actions taking place inside of their country," he added. "We have to do it, and there are tools by which we can."

Watch the video below to catch more of the conversation:

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On "The Glenn Beck Radio Program," Glenn read from the Bible's II Timothy 3, in which Paul warns of "perilous times" to come and describes a generation that will be lovers of themselves, lovers of money, boastful, proud, abusive, disobedient to their parents, ungrateful, unholy, without love, unforgiving, and the list goes on. Sound familiar?

But Glenn said the times we're facing — which will likely become more and more difficult — are not any graver than what our Founders faced. We can overcome, and while it won't be easy, it will be worth it.

"Just like George Washington and the badge of merit, we will not be able to conquer this evil unless we are on God's side. If we don't have Divine Providence, we will not be able to survive. The things that are arrayed in front of us, are no greater no less than what our Founders had arrayed against them," Glenn stated.

"So, what will we do? You must make those decisions, as a family, right now. What is the line for you that you and your family will not cross? Because if you don't know it now, you will cross it," he warned. "You have to speak out, be that voice. You have to be strong enough to lead."

Glenn went on to thank and praise his audience, saying, "This is the kindest, most generous audience I have ever encountered."

"You will stand. This audience could be the extra 5% that is needed to change things, for the better," he added. "We have great and glorious times, when I believe we will see the hand of God. We will see miracles. Expect them. And live in such a way where you can call them down."

Watch the clip to get Glenn's take on what's coming next and how to prepare yourself and your family.

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How many times must the corporate media get something completely wrong — and attack anyone who dares to disagree — before we realize who they have become?

On the radio program Friday, Glenn Beck shared an article from the Daily Caller titled, "Eight Anti-Trump Narratives the Media Finally Had to Admit Were False All Along." From the Lafayette Square controversy to the denial that COVID-19 could have anything to do with a lab in China to the "Russian bounties" story, the list of mainstream media conspiracy theories goes on and on. If it were anyone but the liberal media who got the facts this embarrassingly wrong, they would have been out of a job long ago.

Watch the video clip below to hear eight of the most anti-Trump the narratives shamelessly pushed by the media — that were completely wrong.


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