Let's see. It's less than 3 months from re-election. The old trick is to wait until now, show the public a change of mind and heart, and use their ignorant gullibility to get re-elected.

The real question is: will the American public ever learn this old trick? The answer is apparently, once again, most emphatically NO. Thanks for keeping the deception alive, Kudlow. Thanks for nothing.

Could it be that Barney senses the French Revolutionesque reactions coming in the next election??? Could it be that people will connect the dots and find that his bed buddy has been employed by, with healthy bonuses from, these giant bloated gluttoness Federal pigs???? Could it be that Barney has stayed tooooo long at the trough himself???????

All of the above.......

Could it be that he has had a change of heart and now sees the ruinous ways of the past give away programs.....I DOUBT that, he is like all of the rest of the pigs left and right that are trying to distance themselves from the wrath of the American voters!

Kudlow's bit of puff-pastry for Barney Frank uses pond scum for cream, off goes his hat to Frank whilst so many others have lost their shirt.

People did not just lose houses they could not afford (because many did not have the houses in the first place - Frank & Kudlow told them, and the real owners, they could just owe the money). Kudlow's still backing a pig in a horserace and like Frank, thinking that we don't notice that the swindle takes our money to feed them all.

So stupid to think we are more stupid the two if them combined.

Kudlow gives us “failed government agencies” (no names included) cannot pay back “Uncle Sam” so they had to ‘borrow’ (even the interest owed) from the same fraudulent paper entity that presents all bills to the people who actually work for a living. The bad actors are now exposed and we have a two-bit computerized accountant taking inventory and praising the lawyers -- post modern quaint.

This is not about abstract economic word play and political posturing. Frank belongs in jail, Kudlow should be forced to write obituaries like this one in dead languages for the rest of his life.

The architects of this disaster should be buried in the rubble along with their advice, influence and ill-gotten gains.

They and their kind have turned the honest efforts of one hundred and fifty million people plus, over several decades, into a worthless pile of IOUs as if it will enslave us all forever. They have traded trust for hate to make money, money that they also have made worthless -- not as observes of disaster, but as authors in a brotherhood of cheats.

Damn them both and the rest for the misery they have created -- in a land of abundance, where now everything, even the children, are held hostage by politically positioned liars and thieves.

Only with the end of them can there be a restoration of our nation, the final, complete death of FDR.

Simply put, Barney Frank is protecting his political ASSets and YOU, SIR, are his enabler. As Barney Frank is exposed as responsible for the recession, you are now exposed as either the "useful idiot" or the very knowlegable cover for this crook.

You may tip your hat of to Barney, sir. He's already gotten the shirt off our backs. Perhaps you should notice what he does (sham finance reform) instead of what he says just before election.

Tip your hat to Barney!? Ridiculous! That's like saying I tip my hat to the serial killer who says he has seen the error of his ways. These kinds of transformations only occur when preservation is at stake or when the campaign contributions run dry.

Dexter60 said; "Frank belongs in jail, Kudlow should be forced to write obituaries like this one in dead languages for the rest of his life."

"Damn them both and the rest for the misery they have created -- in a land of abundance, where now everything, even the children, are held hostage by politically positioned liars and thieves."

"Only with the end of them can there be a restoration of our nation, the final, complete death of FDR."

Well said! Excellent points all of them! I couldn't agree with you more.

I believe Barney is relly sorry for his past decision regarding Fannie and Freddie, and if re-elected he will correct all his bad decisions,NOT.

Kudlow, you need to trade jobs with Bruce and William G. Martin. At least they have a clear picture of what's really happening here. If this is the best analysis of the situation you can do, then you are stealing the money you're being paid to be a columnist. Barney Frank knows which way the wind is blowing (no pun intended), and is reacting to it to save his sorry butt! Notice he says by next year he hopes to be rid of those worthless organizations. How convenient that this will be after the election, and he can change his tune again!

You worry me Mr. Kudlow. You sound like a shill for Barney's next shell game. Why stop with government intervention into middle-income housing. As long as they have the lower-income remianing in their grasp, they simply move the bar to a level to produce intended results. The right answer is to remove government from all decisions on mortgaes for any income group. As for Geithner's statement, what "private gains" does he double speak about? As long as you have Obummer authorizing absurd bonuses, it matters not what this lunatic states.

Barney Frank should be in jail. Lawrence Kudlow should be writing "Fairy Tales." That is what this drivel is, and he's good at it. If I didn't know what is REALLY GOING ON, I might have believed him.

How can you praise this lying sack of manure, Barney Frank? It is HIS policies that have driven the economy into ruin, and it is his ignorant lies that you are applauding now. His opinion hasn't changed, but the polls show the American public is on to him now, so, of course he says something that he thinks the people want to hear. If you really want to know what he's going to do if re-elected just check his voting record. He should be jailed as the architect of our current financial woes. His lies and absolute inability as a financial leader have caused the largest financial meltdown in over 80 years. This is a man you wish to applaud? Have you ever heard the expression "too little, too late"? That's Barney in a nut shell.

NOW this idiot realizes the problem? Give me a break! The only thing to do is dump this fool and send a message to everyone: screw up and you're toast. Frank's "fwankness" is fake, just like he is.

What we need now is to figure out how to strip him and all the others of their pensions and put THAT money towards reimbursing those of us who, as was so aptly put above, "lost (our) shirts."

Barney says Fannie and Freddie should be done away with. But never once has he said he was wrong for being their number one supporter in bringing this whole mess on in the first place.

BOOT HIM OUT!!!!

Barney Frank's gay lover Herb Moses was an assistant director at Fannnie Mae from 1991 to 1998, at the same time Frank was serving on the House Banking Committee with jurisdiction over Fannie Mae.

Imagine the media outcry had Frank been a Republican!

Nice try, Kudlow, but it won't fly. No matter how you try to factor this into your "Keynesian" calculations, charts and cookie recipes, it smells of propaganda.

Oh, and, tell your buddy, Barney, that we ain't buyin' his new found principles, either. One thing this fake, thief and lier needs to think about, is that the American People have long memories, and, what we forget, real historians will record with an accuracy that you won't like anymore than he does, because your name will be right in there with his.

Frank is positioning himself to cut and run with a few bags full of cash after the election. Nothing more, nothing less.

and the fact that "Obama signed off on $42 million in bonuses for the top 12 Fannie and Freddie executives, including $6 million apiece for the two CEOs" and also beleives that "at some time in your life, haven't you made enough?" I'm waiting for my million $$$ obama hand out. I'm 65 and only have a few more years, so I expect it soon.

I am certain that this false remorse on the part of Barney Frank. I thought Larry Kudlow was more skeptical than this! Actions speak louder than words. Watch how Frank moves, acts, does. Don't just listen! Now you know!