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Frank leadership
Boston Glob ^ | 12/9/2006 | Robert Kuttner

Posted on 12/09/2006 3:30:05 PM PST by oblomov

CONGRESSMAN BARNEY FRANK, incoming chairman of the House Committee on Financial Services, has proposed something big and bold -- a grand bargain with labor and business to create a society more equal, more dynamic, and less bureaucratic.

Democrats control Congress by narrow margins, which limits their power to two areas. They can block things Republicans and business elites want -- and hold those goals hostage for things Democrats and liberals want. And they can use the hearing process to shed light on the real America.

Frank plans to do both. His committee has broad economic jurisdiction.

Business, Frank explains, wants more trade and foreign investment deals. Business also wants relief from excessively bureaucratic audit and reporting requirements imposed by the Sarbanes-Oxley Act of 2002 .

But at least half the Democrats in the House -- including Frank -- have been skeptical of who benefited from recent trade deals. Democrats also voted with near unanimity for Sarbanes-Oxley, and some felt it did not go far enough.

So what would business have to give in return to get Democrats to support trade agreements and regulatory relief?

First, Frank wants to renegotiate the grand bargain first brokered by FDR -- business has to learn to live with trade unions again, for there is no more effective force for greater equality of earnings. Specifically, Frank wants business to support a reform to allow a union to win recognition once a majority of workers signed union cards.

(Excerpt) Read more at boston.com ...


TOPICS: Business/Economy; Culture/Society; Editorial; Government
KEYWORDS: commandeconomy; frank; kuttner; socialism
Ah yes, the "grand bargain" of the patrician FDR. At least back then, corporate America fought the domestic socialists with flinty resolve, giving in only when they were left with no other choice.

Guffaw quote: "It would be revolutionary for business to support universal, government-financed health insurance, much less to embrace unions."

Revolutionary, yes, since National Socialism of the Robert Kuttner variety is nothing short of revolutionary. Wasn't it Kuttner who once strolled down the cereal aisle at the grocery store, and wondered why there are so many cereal varieties, when "we" clearly don't "need" so many? He is unable to consider the notion that the people shopping for cereal are, in fact, smarter than Robert Kuttner.

1 posted on 12/09/2006 3:30:08 PM PST by oblomov
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To: oblomov

With Frank in charge, you can bank of the fact we're going to take it right up the [ahem] wallet.


2 posted on 12/09/2006 3:38:49 PM PST by xcamel (Press to Test, Release to Detonate)
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To: oblomov

Good grief.


3 posted on 12/09/2006 3:47:44 PM PST by catpuppy
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To: oblomov
They can block things......

The only thing Bawney needs to block is his butthole before he contracts the disease of the century.

(I know, it's crass, but I'm a crass curmudgeon)

FMCDH(BITS)

4 posted on 12/09/2006 3:55:57 PM PST by nothingnew (I fear for my Republic due to marxist influence in our government. Open eyes/see)
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To: oblomov

Well...the DNC Chairman, Howard Dean is speaking at the European Socialist group this week...

It is just logical that the rest of the Dems start their socialist agenda.


5 posted on 12/09/2006 3:56:10 PM PST by Txsleuth (Bolton/Cheney (that would be Lynne) 08)
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To: oblomov
For there is no more effective force for greater equality of earnings.

...."regardless of your production." The former USSR is still trying to dig its way out of that blunder.

6 posted on 12/09/2006 4:07:18 PM PST by Don Corleone (Leave the gun..take the cannoli)
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To: oblomov

I know he will give a tax break to call boys in DC running
whore houses out of homosexual congress critters homes.


7 posted on 12/09/2006 4:13:51 PM PST by oldironsides
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To: oblomov
CONGRESSMAN BARNEY FRANK, incoming chairman of the House Committee on Financial Services, has proposed something big and bold -- a grand bargain with labor and business to create a society more equal, more dynamic, and less bureaucratic.

Next he'll tell us it'll only take 5 years to implement.
8 posted on 12/09/2006 4:18:45 PM PST by Lord Basil (Hate isn't a family value; it's a liberal one.)
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To: Lord Basil
CONGRESSMAN BARNEY FRANK, incoming chairman of the House Committee on Financial Services, has proposed something big...

Well, we all knew that he likes something BIG. If this queer communist gets his preferences, the page boys will be wearing skirts.

9 posted on 12/09/2006 5:21:45 PM PST by USS Alaska (Nuke the terrorist savages - In Honor of Standing Wolf)
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To: Lord Basil

Yep - I noted the Pravda-like writing style of that sentence right off the bat... Commies seem to do it instinctively...


10 posted on 12/09/2006 5:37:40 PM PST by Zeppo (We live in the Age of Stupidity. [Dennis Prager])
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To: Lord Basil

It will be the Great Leap Forward......


11 posted on 12/09/2006 7:08:24 PM PST by expatpat
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