Thread: Barney Begs to Be Senator Frank
#1 Barney Begs to Be Senator Frank01-04-2013, 10:27 AM
8:04 AM, Jan 4, 2013 • By DANIEL HALPER
Barney Frank admitted this morning on MSNBC that he has asked Massachusetts governor Deval Patrick to pick him to replace John Kerry in the Senate:
"I’ve told the governor I would now like, frankly, to" be the senator, said Frank.
Frank suggested he wants the seat so that he can fight for an increased debt ceiling in the Senate. He had previously said he had no interest in filling the position, but said the next few months will be "important."
The appointment would only be temporary. And he'd step down after a special election to replace Kerry, who has been nominated to be the next secretary of state. Frank says he won't run for the seat.
The special election to fill the Senate seat the old fashioned way will likely be held in several months.
Patrick has not indicated who he'll pick to fill the seat.
Oh great, now Frank is on his hands and knees again.How is obama working out for you?
01-04-2013, 10:34 AMMay the FORCE be with you!
01-04-2013, 10:36 AM
- Join Date
- Mar 2010
One more reason not to confirm John Kerry.
01-04-2013, 11:55 AM
01-04-2013, 12:48 PM
- Join Date
- Mar 2010
But I think too much is made of this retirement for congressmen. And myths abound. There is this truth:
According to the Congressional Research Service, 413 retired Members of Congress were receiving federal pensions based fully or in part on their congressional service as of Oct. 1, 2006. Of this number, 290 had retired under CSRS and were receiving an average annual pension of $60,972. A total of 123 Members had retired with service under both CSRS and FERS or with service under FERS only. Their average annual pension was $35,952 in 2006.
So how would 72 year old B Frank benefit? Like this:
Pension Benefits Under CSRS. The accrual rate for each year of
congressional service covered by CSRS is 2.5%. Therefore, the CSRS pension
High-3 Years of CSRS
Salary X Service X .025 = Pension
Frank's net worth is shown as about a million, which is no big deal when you look at the whole picture. Probably, the added pension would be nice for him.
As I said, I don't think it's much of a big deal financially. I can't even begin to count the number of emails I have received promoting the myth that legislators get a full salary retirement after only one year, and that they don't pay social security (they do, since 1985 or so), and on and on......
01-04-2013, 04:10 PM
" To the world you are just one more person, but to a rescued pet, you are the world."
"A Nation of Sheep Breeds a Government of Wolves!"
01-04-2013, 04:24 PM
Patrick could always appoint Martha Coaxley to the position. She and Frank are the only prominent dems in MA I can think of whose last or middle name isn't Kennedy.
I'm sure there is someone in the Kennedy clan who wants the appointment. Maybe the one with the Ambien driving problem?
01-04-2013, 05:09 PM
01-04-2013, 05:13 PM
Doesn't the governor have a cat or maybe a gerbil, that would be a better choice for the seat. Now a gerbil, that would be poetic justice.How is obama working out for you?
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