How the Congressional Black Caucus Leverages Blackness to Work as a Tool for Wall Street

[BernieforPres2016]

http://breakingbrown.com/2014/06/revealed-how-the-cbc-leverages-blackness-to-work-as-a-tool-for-wall-street/

<Since the CBC tends to vote as a bloc, and, as CBC head Marcia Fudge admits, most of them don’t know much about financial services law and usually defer to CBC members on the financial services panel, the CBC is an easy mark for sophisticated lobbyists. It’s also easy because, as HuffPost notes, white lawmakers aren’t quick to criticize the CBC. A lobbyist explained to HuffPost how it works:

“We go right to the CBC because they are open-minded and they often vote as a bloc,” he says, asking for anonymity because he frequently relies on CBC members for support on deregulation bills. “And the professional left is scared of them. Every white liberal — media, politician, advocacy group — knows better than f*cking with a CBC member.”>

<At one point, Rep. Maxine Waters reportedly had a contentious argument with Rep. Alcee Hastings over his selling out to big money interests. During the disagreement, Hastings allegedly admitted he’d sold out, just for a higher price than Waters implied:

What was more embarrassing than selling out, Waters told her assembled colleagues, was selling out cheap to nickel-and-dime scammers like the for-profit college industry. If you’re going to sell your soul, she admonished, have some self-respect and sell high. (Hastings didn’t dispute the conflict, but he did dispute Waters’ point. “It would be a mistaken premise,” he says, smiling. “There are a hell of a lot of for-profit schools.”)>

In case anybody isn't familiar with Alcee Hastings:

https://en.wikipedia.org/wiki/Alcee_Hastings

<In 1977, he became a judge of the circuit court of Broward County, Florida. In 1979, he was appointed by President Jimmy Carter as a U.S. district judge for the Southern District of Florida.

In 1981, Hastings was charged with accepting a $150,000 bribe in exchange for a lenient sentence and a return of seized assets for 21 counts of racketeering by Frank and Thomas Romano, and of perjury in his testimony about the case. In 1983, he was acquitted by a jury after his alleged co-conspirator, William Borders, refused to testify in court, resulting in a jail sentence for Borders.[3]

In 1988, the Democratic-controlled U.S. House of Representatives took up the case, and Hastings was impeached for bribery and perjury by a vote of 413-3. He was then convicted in 1989 by the United States Senate becoming the sixth federal judge in the history of the United States to be removed from office by the Senate. The Senate, in two hours of roll calls, voted on 11 of the 17 articles of impeachment. It convicted Hastings of eight of the 11 articles. The vote on the first article was 69 for and 26 opposed.[4]

The Senate had the option to forbid Hastings from ever seeking federal office again, but did not do so. Alleged co-conspirator attorney William Borders went to jail again for refusing to testify in the impeachment proceedings, but was later given a full pardon by President Bill Clinton on his last day in office.>

[BlueMTexpat]

1. Looks like more sour grapes

against AAs who haven't felt the Bern.

Not quite the way to woo them.

[NWCorona]

4. How is highlighting an article that shows why some

Black politicians cast votes that run counter to their own constituency just like other racial groups being sour? You do now that this was written before the race even started, right?

[KingFlorez]

2. Leverages blackness?

[NWCorona]

5. Did you even bother reading the article?

[KingFlorez]

7. No

From the title, I could tell it was more scolding of blacks who don't support Sanders.

[NWCorona]

8. Well you should check when the article was written then.

[wyldwolf]

3. "How Profits from Girl Scouts Cookie Sales Enrich Wall Street and Corporate Oligarchy"

headlines for 'progressive' sites. gotta love them.

[NWCorona]

6. The fact that the CBC Pac is endorsing Hillary but not Donna Edwards.

A black progressive representative is telling.