Barney Frank: Alexandria Ocasio-Cortez's Green New Deal 'would be a loser' for Democrats...

[DonViejo]

Barney Frank: Alexandria Ocasio-Cortez's Green New Deal 'would be a loser' for Democrats against Trump in 2020

"There's an argument that you don't destabilize a society by doing too much change at once," says the former Massachusetts congressman.

The proposal, which calls for generating 100 percent of the nation's power from renewable sources within 10 years, emerges as a major campaign issue.

All the senators running as Democrats for president pledge support for it as President Trump and Republicans blast it.

Matthew J. Belvedere | @Matt_Belvedere
Published 37 Mins Ago

he Green New Deal, unveiled by New York Rep. Alexandria Ocasio-Cortez and Massachusetts Sen. Ed Markey, will not resonate with American voters, longtime Democrat Barney Frank told CNBC Tuesday.

The proposal, which calls for generating 100 percent of the nation's power from renewable sources within 10 years, is emerging as a major campaign issue, with all the Democratic senators running for president in 2020 pledging their support and President Donald Trump and Republicans blasting it.

"I think the Green New Deal would be loser," said Frank, the former Massachusetts congressman who retired in 2013 after more than three decades on Capitol Hill. "There's an argument that you don't destabilize a society by doing too much change at once."

Critics of Frank's signature legislation, the Dodd-Frank Wall Street Reform and Consumer Protection Act, had expressed similar concerns. The measure, also written by then-Democratic Sen. Chris Dodd of Connecticut, was crafted after the 2008 financial crisis and signed into law in 2010 by then-President Barack Obama.

more + video
https://www.cnbc.com/2019/02/19/barney-frank-alexandria-ocasio-cortez-green-new-deal-would-be-a-loser-against-trump-in-2020.html

[CrispyQ]

1. He's worried that too much change at once is going to destabilize things?

Climate change is barreling down on us faster than anticipated or predicted. It's going to be way more destabilizing than trying to implement the green deal.

[mr_liberal]

2. Then run on it, Trump will thank you for helping him win. nt

[Power 2 the People]

10. +1000

[irresistable]

3. It is a good goal.

All proposals whether bold or mild get watered down in the legislative process. If we start the conversation with mild, we will get very little done.

[KPN]

5. Exactly. Barney was great in his early time initially, but his time has come and gone.

[bullwinkle428]

9. No doubt at all. Do people remember nothing from the battles over

the ACA?

[KPN]

4. Barney, we already heard this from you repeatedly in 2016. Please just go away if this is

going to be your contribution in 2020. It will only serve to drive people away from the Democratic Party to alternatives like the Green Party as it did in 2016. Geesh!

[honest.abe]

7. Okay now its bash good Democrats time again.

[Autumn]

6. What does Barney Frank think climate change will do? Kiss us gently on the ass?

Climate change will destabilize a society by doing too much change at once. People will fucking die.

[snort]

8. How is this destabalizing?

Flip a switch the lights turn on where's the destabilize in that? The energy sector can deal.

[WeekiWater]

11. Comments like this from Frank are destabilizing.

They help to generate unnecessary friction among factions.

[TheFarseer]

12. I agree in a sense

But that’s why we needed to start taking action in 1980. Now it requires immediate and bold action to stave off complete disaster.

[dogman]

13. Barney Frank the banker?

While his signature legislation is being dismantled.

[theophilus]

14. I have not thought much of Mr. Frank since he had a problem with

Stephen Colbert making fun of him with a silly walk, etc. Too think skinned and self-important, imo. The old style Democrats need to be abandoned or come on board with less financially based policies?