The Sanders/Frank Feud

[CrowCityDem]

By now, we've all seen and heard enough of the animosity that apparently exists between the two camps, with Bernie going so far as to file papers trying to get Frank thrown off the rules committee at the convention. It was a petty move, but it's one that also speaks to the larger lack of political skill in Bernie's campaign.

One of the three core tenets of Bernie's campaign that he's been running on for a year is breaking up the big banks.

By his own admission, that can only be done through the Dodd/FRANK legislation. Barney Frank is the member of Congress who actually got a bill passed that would allow Bernie to live out his dream of crushing Wall Street banking, and his reaction is to attack him for supporting the other candidate. Without Barney Frank, Bernie's plans would be even more far-fetched, because there is no reason to believe a new Congress would ever pass a law even that tough, knowing what Bernie would plan to do with it.

Biting the hand that feeds, apparently, is Bernie's style.

[mmonk]

1. If I leave the party, one of the reasons will be the Frank side.

It's a lot more than Frank vs Sanders. It's not petty.

[NurseJackie]

5. That *will* be a shame.

[BobbyDrake]

19. Can't miss you til you're gone! nt

[Ron Green]

2. Despite being witty and entertaining, Barney Frank is a

bought man. His way of being in government, and his interface with the world of finance, are what must be changed.

[Bluenorthwest]

3. For the enlightenment of DU's Straight Moderates as they rush to exploit LGBT issues....

"Former congressman Barney Frank is sticking by the decision to exclude transgender workers from protection under ENDA in 2007. Here's why that's still problematic."
http://www.advocate.com/commentary/2014/10/01/op-ed-what-barney-frank-still-gets-wrong-enda


And for a less kindly take on Frank:
Let’s be Frank About Barney Frank and ENDA
http://www.tgforum.com/wordpress/index.php/lets-be-frank-about-barney-frank-and-enda/

About the author: “Babs” is a member of the Executive Committee of the Democratic National Committee, Deputy Vice Chair of the NJ Democratic State Committee and Political Director of the Gender Rights Advocacy Association of NJ. For the current campaign she serves on the Executive Committee of Trans United 4 Obama. She has served as Vice Chair of the DNC Eastern Caucus, President of NJ Stonewall Democrats, Co-Chair of National Stonewall Democrats Federal PAC Board, Vice-Chair of Garden State Equality, Executive Board member of National Stonewall Democrats as Chair of the DNC Relations Committee and a member of the NJ Civil Unions Review Commission.

[brooklynite]

4. One doesn't "file papers" regarding DNC Committee assignments...one writes a whiny letter

[seabeyond]

6. Could you imagine this man as president? Nt

[qdouble]

7. Anybody that isn't vehemently pro-bernie gets thrown under the bus.

Frank, Warren, Brown....it doesn't matter who. His supporters will find one time where they held a less than super progressive stance on some random issue, label the person a secret republican or Hillary shill, then under the bus they go... wash, rinse, repeat.

It's disgusting

[seabeyond]

10. He has excluded the whole Democratic party, while insisting he is its savior and demanding the vote.

How does one have such arrogance, or blindness, I do not know.

[qdouble]

13. The worst part is that they don't even show half the amount of vitriol towards the republicans...

95% of BS and his supporters angst is against democrats...they only begrudgingly speak negative words against the real threat (republicans).

I'm really not shocked by the things they say, I'm only shocked that they seem to want to identify as democrats while hating 95% of democrats.

[seabeyond]

15. As a poster argued repeatedly last night. We owe Sanders and his million of supporters who aren't

even Democrats. We owe them, adopting Sanders policies, allowing Sanders to pick the VP and cabinet. Because they are outside the party, they will give Clinton the win in Nov. Clinton owes the millions, to bow down and submit, as the winner, to the losers demand, from those outside our party.

I tell you, this has been the most interesting primary I have ever experienced.

[QC]

21. "We own Sanders and his million of supporters ..."

Own?

Interesting Freudian slip there!

[seabeyond]

23. Or a silly typo because it makes no sense, the freudian slip.

[NCTraveler]

8. It was a truly foolish move for Sanders to fire back at Frank.

It was flat out stupid for Sanders to try to have him removed from the rules committee. Sanders has gone so far off message. He has attacked so many of his closest political friends. Sanders doesn't seem to understand the concept of political alliances in any way.

It's really not the biggest deal. Sanders will support our legislation and even have a small amount of influence on them.

[bigwillq]

9. Barney is bought and sold like most politicians

Barney is the type of politician/board member I would like to see retire.

[seabeyond]

11. Sanders is bought and sold like most politicians, being a politician for 2 and half decades.

[AzDar]

14. You can back up those allegations with credible EVIDENCE, right? Cause only a partisan fool would

make assertions like that without being able to substantiate them.

[seabeyond]

16. Lets start with 1991 selling his vote, literally to the Democratic party so they would not put up a

viable candidate.

[AzDar]

17. Proof?

[seabeyond]

18. Google is your friend. Not one argued, shied away from, or hidden.

[AzDar]

20. YOU made the accusation...I take it you got nothing?

[AzDar]

12. Barney Says Being Bought With Sweet, Sweet Banking Bucks Makes Him A Better Regulator!

http://www.politico.com/magazine/story/2015/12/bank-reform-barney-frank-wall-street-213412

[JackRiddler]

22. Metaphors are everything, and yours is revealing.

You think the bank employee Frank is the "hand that feeds" the ungrateful Bernie-dog? Why?

Frank prevented a true financial reform by sinking the hope of it into 1500 pages of loopholes and trivialities that almost never address the central issues of the 2007-9 crash brought about by Wall Street fraud. It's a great employment program for ultimately powerless compliance officers who won't get to see the same books as the Dimons and Feinsteins. Then the next crash, inevitably, will come. It can start tomorrow.

During the time in which Dodd-Frank served to distract on the fundamental issues of too-big-to-fail and unlimited casino plays by institutions holding depositors' money, the banksters who should have been rounded up and prosecuted instead got to plunder the nation so as to rescue their fortunes.

As befits the loyal political factotum, Frank got to rotate out of his politician's chair into plum "consultancy" work for the very banksters he helped to rescue by leading the attack on behalf of the Wall Street bailouts and preemptive exonerations.

So what's my metaphor? Afraid I'll have to reverse the dogs on yours.

Today I see a Frank-poodle nipping at the heels of a man who stands upright and tall for his principles - a man pragmatic enough to say he will use one of those Dodd-Frank loopholes to do the right thing that Frank worked so hard to prevent.

[CrowCityDem]

24. Frank passed a law that can break up the banks. What has Bernie done?

[JackRiddler]

25. No, Frank passed a law to prevent the break-up of the banks.

He worked for that exactly at the time when we had the best chance to break them up.

Of course, that wouldn't pass as such, so the deed of saving Wall Street from the pitchforks is packaged as a "reform." Thus it happens that the Dodd-Frank bill to Save the Banksters included a provision that could be used to break up the big banks. Of course, such a thing could only happen in the unthinkable case that a real political leadership comes to power and is willing to do that.

A real political leadership would be something rather opposite to the present-day Wall Street employee ("consultant&quot Barnie Frank, whose "opinions" (mouthpiece statements) about Sanders should come with a prominent conflict-of-interest label.


PS - Oh and spare me the inevitable "but Sanders voted for it" dodge. I would have fought against it and fought to strengthen it all the way, as Sanders did, and when it was too late, sure, I would have voted for it as the best that that could be done. And then continued the fight - exactly as Sanders has! You think Sanders is going to get a "consultancy" pay off from Wall Street at the end of this? Shame on Frank!

[CrowCityDem]

26. If it prevents what you say, why does Bernie cite it as the power he would use to do it?

[JackRiddler]

29. If you cannot read or do not understand, try again.

http://www.democraticunderground.com/?com=view_post&forum=1251&pid=2122322

[CrowCityDem]

30. How can it have the provision to break the banks up, and be a bill preventing it?

[Agnosticsherbet]

27. Dodd/Frank Passed in 2010, with a Democratic House and Senate. The Republican Congress will never

pass such a bill. It is irrelevant what Sanders or any Democrat would plan to do with it. As long as Republicans control the House, no such bill would ever be introduced. And if Trump wins...
Entire GOP Field Would Repeal Dodd-Frank, Return Power To Wall Street

[think]

28. 5 'too big to fail' banks are violating Dodd-Frank rules

http://money.cnn.com/2016/04/13/investing/dodd-frank-banks-living-wills/

Haven't heard shit from Barney about this....

[WhiteTara]

31. Barney isn't in Congress. Bernie is.

[think]

33. Ya. Barney is now a bank lobbyist. Imagine that....