Barney Frank: Tax, Tax, Tax, Spend, Spend, Spend

Don't you love how the liberal Democrats bash Bush for all his deficit spending and squandering away Clinton's surpluses. Well now a top Democrat, Barney Frank, is promising more of the same with Obama as President.

I think at this point, there needs to be an immediate increase in spending, and I think this is a time when deficit fear has to take a second, uh, a second seat. I do think this is the time for a very important kind of dose of [unintelligible]. Yes, I think later on, there should be tax increases. Speaking personally, I think there are a lot of rich people out there who we can tax at a point down the road to recover some of this money.

Video: Barney Frank wants more taxes (Hot Air)