A Lesson Not Learned

There was a remarkable political lesson last year that wasn't really learned because of subsequent events. However someone should point this lesson out to Harry Reid as we head into a cloture vote tonight just to start debate on health care reform, and then head into a final cloture vote later.

Last year with the financial markets on the edge of collapse the House held a vote for TARP. At the time the people of this country were made aware of how dire of a circumstance we were in and how easily we could have slipped into a depression. A couple of big name financial firms had already essential been vaporized and more were right over the horizon.

In the midst of this some of the Republicans in the House decided to vote against TARP. At the time I don't know if their leadership had miscounted or were stabbed in the back by some of their caucus but the result was the bill came up short of the votes needed to pass and chaos on the floor of the House ensued. What happened next was utterly predictable.

The markets fell sharply and GOP members of the House were raked over the coals for being insufficiently serious about the problem our nation was facing. In the end this episode probably as much as anything else helped to sweep Democrats into both halls of Congress in major majorities last year. When push came to shove it appeared to most anyone that these Republicans were more interested in playing politics than fixing a problem, and they paid for it.

Now the problem of course is that TARP has been such a PR disaster on a lot of fronts and Democrats have been so fucking inept at defending it even at all that nobody really wants to look back at the days that led up to its actual passage. If they did then they would remember that Republicans were so surprised but the country's reaction to their fuckery on the first vote that they panicked. All of a sudden McCain was suspending his campaign and on the second vote some off those Republicans who just couldn't find their way to voting for it the first time got on board to take the heat off. What that means is that when there is a crisis in this country and people play games like not voting to at least attempt to fix the problem, the American people are not going to be happy. The important thing is that in the end the fix actualy works and can be sold on an ongoing basis.

Which brings us to health care reform and a few corporatist Democratic Senators who are holding out for sweeteners.

Here is what Harry Reid should say to each and every one of them: "Fuck you, pay me!"

What I mean is he should literally tell them to step the fuck off and bring the bill up for a cloture vote tonight and dare them to vote against cloture. Dare them to put their careers in the Senate on the line by refusing to even allow the Senate to debate health care reform, a reform that an overwhelming majority of Americans agree we need even if they don't agree what it should entail. Dare the sorry muthafuckas to totally abandon the base of their party and join with the Republicans.

Matter of fact, double dare them.

See the thing of it is, this can be what they like to call these days a "teachable moment". There is no rule that says Harry Reid can't bring the bill back again in the next few days and put it up for debate again. Basically the bill has to truly be defeated for that to happen and he still has to the power to keep bringing it back. But what some of these assholes need to see is what will happen to their poll numbers if they should happen to vote against cloture.

I am thinking specifically of Blanche Lincoln who is fighting to get reelected next year, but her poll numbers would also be an example to her corporatist bretheren like Mary Landrieu and Ben Nelson. Its about time we stopped caving these assholes and instead putting their ass on the spot and making THEM cave. Fuck it, if they have the balls to say no when the bill is up for cloture then so be it, let them live with the consequences for a few days.

But my money is on them folding like a bad hand and from that point on they will be dealing fom a point of weakness.

If Harry Reid never stands up to them you can expect that every single item on the Democratic agenda will go through the same bunch of bullshit. And we already have seen what the result is when that happens, just take a look at the stimulus bill. Had we punched their asses in the throat earlier this year and rammed through a better bill then its highly likely that all the economic numbers, including unemployment, would look substantially better. Instead we gave them practically everything they wanted, fucked up the bill, and now the Democratic brand is damaged because of it.

So Harry Reid just go back and google the headlines after that House vote last year. The get on the floor tonight with confidence and put the bright lights on the ConservaDems and make them follow through on their hollow threats while the world is watching.

Trust me on this, they wont be able to take the heat.

Barney Frank Wants To Refresh Your Memory

Check out Barney Frank's post in HuffPo

Memory eventually fails us all, but apparently the decline strikes one party far more than the other.

In recent weeks, my friends across the aisle have expended a lot of breath proclaiming that the Democrats caused the present financial crisis by failing to pass legislation to regulate financial services companies in the years 1995 through 2006.

There is only small one problem with this story -- throughout this entire period the Republicans were in complete charge of the House and for the most critical years they controlled the House, the Senate, and the Presidency.

snip

That is why I find it particularly flattering the Republicans now claim that in the years 1995 to 2006 I personally possessed supernatural powers which enabled me to force mighty Republican leaders to do my bidding. Choose your comic book hero -- I was all of them.

I wish I had the power to force the Republican leadership to do my bidding! If I had had that power, I would have used it to block the impeachment of Bill Clinton, to stop the war in Iraq, to prevent large tax cuts for the extremely wealthy, and to stop government intervention into the private life of Terri Schiavo. Yet that power eluded me, and I was unable to stop those things.

According to the Republicans' misty memories of the period before 2007, I allegedly singlehandedly blocked their determined efforts to regulate Fannie Mae and Freddie Mac, and my supposed intransigence literally caused the worldwide financial crisis.

Fortunately, we have tools to aid memory -- pencil and paper, word processing, transcripts, newspapers, and the Congressional record. And as described in the most reputable published sources, in 2005 I in fact worked together with my Republican colleague Michael Oxley, then Chairman of the Financial Services Committee, to write a bill to increase regulation of Fannie Mae and Freddie Mac. We passed the bill out of committee with an overwhelming majority -- every Democrat voted in favor of the legislation. However, on the House floor the Republican leadership added a poison pill amendment, which would have prevented non-profit institutions with religious affiliations from receiving funds. I voted against the legislation in protest, though I continued to work with Mr. Oxley to encourage the Senate to pass a good bill. But these efforts were defeated because President Bush blocked further consideration of the legislation. In the words of Mr. Oxley, no flaming liberal, the Bush administration gave his efforts 'the one-finger salute.'

snip

Ironically, this is the period in which I and my Democratic colleagues actually did possess the magical power needed to make real change in Washington -- we became the majority party. In March 2007, just two months after I became the Chairman of the Financial Services Committee for the first time, I moved quickly to forge a bill which would regulate Fannie Mae and Freddie Mac. The bill passed the House in May, with all 223 Democrats voting for it, and 103 Republicans voting against it. President Bush later signed that legislation into law.

Later in 2007, I introduced legislation to restrict subprime mortgages. The bill passed the Financial Services Committee and the House, but it did not pass the Senate, where because of the filibuster rule, the Republican minority actually does have the power to hobble the majority. The bill passed the full House with all 227 Democrats and 64 Republicans voting for it, and 127 Republicans voting against.

Ironically, those Republicans who now attack me most viciously and whose memories are the most impaired were among those who voted against both bills.

I really feel guilty even excerpting this much because it definitely deserves the full read so go check the whole thing out.

(h/t wvng)