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Double Standard For Bernanke: Only 50 Votes Needed In Senate

First Posted: 3/28/10 Updated: 5/25/11

Bernanke Senate

When it comes to progressive priorities in the Senate, there's one standard: 60 votes are needed. But for Ben Bernanke, there's a second standard: 50 will be just fine, thank you.

Democratic leaders in the Senate are asking colleagues who are reluctant to support Bernanke's nomination for a second term as Federal Reserve chairman to nevertheless vote with them to end a filibuster and allow a vote on the actual nomination. The reluctant members would then be free to vote no to express their displeasure. Several Democrats have committed to just that and others are considering it.

The public health insurance option was stripped from health care reform because it didn't have 60 votes. An expansion of Medicare took its place but it, too, was dropped for having fewer than 60. Both proposals had at least 50 votes. Dawn Johnsen, a nominee to head the Office of Legal Counsel, has the backing of progressive organizations, but a 60-vote threshold has held her up for a year.

Sen. Dick Durbin (D-Ill.) told reporters on Monday afternoon after a meeting with Bernanke that some opponents of the chairman had pledged to support him on the first vote, but not on the second.

"I know that there are some Democrats who have stated publicly that they are not going to vote ultimately for his nomination as chairman of the Fed. Many, not all, but many of these Senate Democrats have said that they won't stop us on procedural votes. So we may have their support on cloture but not on final passage," he said.

HuffPost asked Durbin why they'd make that commitment for Bernanke but not for health care.

"I don't know. That's a good question. They come up with different standards in terms of how they do things," Durbin replied. "By and large, I will say, and I think Harry Reid and the leadership would agree, that with very few exceptions, the Democratic senators have stood behind us on procedural votes. And we expect them to. We ask them to."

Except on health care, the president's signature domestic legislation and a major plank in the Democratic platform for more than half a century.

"On health care, there were some exceptions," Durbin said, in something of an understatement. "There's no question about it. That's what made the job so difficult."

Sen. Barbara Boxer (D-Calif.), who announced her opposition to Bernanke on Friday, has committed to vote for cloture -- in other words, to vote to end a filibuster, her spokeswoman told HuffPost. She will then vote against him on final passage.

Sen. Jeff Merkley (D-Oregon) has been consistently opposed to Bernanke and told HuffPost that he'll vote against cloture, as well, meaning that he'll be opposing Bernanke in both of his votes rather than having it both ways. Asked why some of his colleagues considered the cloture vote critical on health care but not on Bernanke, he paused and smiled. "I don't know," he said.

Sen. Pat Leahy (D-Vt.) said that he spent a lot of time recently talking with his home state colleague, Sen. Bernie Sanders (I-Vt.), a Bernanke opponent, but hadn't decided whether to oppose the chairman's reconfirmation.

But, he added, "I don't believe in filibusters on nominees."

Leahy, the Judiciary Committee chairman, has a consistent record opposing filibusters on nominees, but some of his other colleagues have more situational ethics when it comes to so-called "procedural" votes.

Casting a vote for cloture -- which ends a filibuster -- but against final passage lets a senator have it both ways. Voters back home can be told the senator stood in opposition, even when they didn't actually stand in the way.

In case of a 50-50 vote, Vice President Joe Biden can break the tie.

It gets complicated enough that even Leahy, who's been in the Senate since 1975, can get confused.

"I'd be disinclined to vote against cloture," he said, then paused, wondering if he had all the negatives straight. "I'd be inclined to vote for cloture," he clarified. Sort of.

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When it comes to progressive priorities in the Senate, there's one standard: 60 votes are needed. But for Ben Bernanke, there's a second standard: 50 will be just fine, thank you. Democratic leaders...
When it comes to progressive priorities in the Senate, there's one standard: 60 votes are needed. But for Ben Bernanke, there's a second standard: 50 will be just fine, thank you. Democratic leaders...
 
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04:50 PM on 01/28/2010
Ben Bernanke is featured in the new movie "Stock Shock-The Short Selling of the American Dream" which is now available for rent or sale. A trailer for "Stock Shock" can be seen at www.stocks­hockmovie.­com
03:31 PM on 01/28/2010
It's hard to believe the Dumbacrats could be so stupid as to rewrite the rules of the filibuster to allow the

mere verbal threat of filibuster to suffice,

then turn around and change the rules so they can't undo it.

Are they just playing stupid?
02:37 PM on 01/28/2010
Totally separate issues. While I'm all for the healthcare bill to be passed - if Bernanke does not get confirmed, we say goodbye to this non-politi­cized post. He is in charge of our 'central bank' and if not confirmed by either party It will set the wrong precedent in the future.
11:59 AM on 01/28/2010
the rep decided from day 1 to just say no to everything that obama asked for to help american people, as he promised from first day of campaign. pls american people can't you see that. no matter what the bill is all of the rep decided to just say no. american people will eventually see that the rep have all gotten together and told to say no, they want obama to fail. pls america see this b4 it's too late. he has tried to have bipartisan but they still don't care. they want obama to fail so they can put the republican­s in and then we will be bk to condition country was in b4 obama got elected. pls america see this b4 it's too late. believe me obama can save this country from going under if republican­s stop saying no and cooperate with him, just like they did with every other president b4 him
10:59 PM on 01/27/2010
America didn't vote for a third term of George Bush, but that is what they are getting -- and their blood pressure is boiling over in response. At this point, progressiv­es, libertaria­ns and moderates are all starting to unite in their anger. Reappointi­ng Bernanke is only going to throw more fuel on that fire.

Are we starting to come clear on the reality that powerful central-st­ate Neo-cons are actually controllin­g both major parties and that they in turned are controlled by corporatio­ns that have turned the entire country into a gigantic corporate state?

True change is not going to be found under either the Democrat or Republican banner, but in a cleaning out of both their houses. Libertaria­ns, progressiv­es and moderates must form a coalition in the middle, with a radical program of power sharing, decentrali­zation and competitiv­e systems that allows for political multi--cul­turalism to thrive at the state level.

This country is not going to survive if we insist on making everyone live under the same rules. As long as we guarantee freedom of movement, there is no reason why a socialist Massachuse­tts cannot exist alongside a capitalist Connecticu­t and libertaria­n Vermont. People can vote with their feet. Likewise, there is no reason why Massachuse­tts script cannot compete with Vermont gold, especially if it gets the corrupt bankster out of our pocketbook­s and out of control of our government­s.
Gaylord P Farqua
Herb Gardner Amateur Chef, Historian and Political
04:56 PM on 01/27/2010
The concept of majority has lost its place in American politics. Along side volumes of Senate and House Rules governing the practice of legislatio­n a majority seemed like one way to cut through the BS and get something done. Today's Legislator­s are not happy without a "super majority" and the White House in their column. Let's have us a filibuster and get down to real politics. Let the Republican­s stand up there and read from Nixon' memoirs or the Collected Works of Dan Quayle or recite some down home philosophy from South Carolina Lt. Governor Bauer's Grandma. Let the American people watch just determined these obtruction­ista are to block legislatio­n, nomination­s and , in general , the work of the Congress.
02:42 PM on 01/27/2010
The whole DC crowd is rotten to the core D's and R's alike. When we vote in an outsider to clean it up, it takes all of 5 minutes for him or her to become one of them. It is easy to loose faith in such a system.
01:01 PM on 01/27/2010
This is a trap being set by the GOP on the hapless Dems. The GOP is waiting until after the confirmati­on vote to spring the AIG/Goldma­n Sachs scandle on the Dems. With Obama's renominati­on of Bernanke and his appointmen­t of Geitner as the Sec. of the Treasury, Obama has made these men HIS men. When it comes out that the taxpayers didn't have to bail out AIG at all, much less at 100%, that Goldman was offering to settle with AIG for penny's on the dollar but the American taxpayer stepped in and paid them 100%, the proverbial crap will his the fan and the agger could cost the Dems the House and the Senate, not that they knew what to do with them anyway.
11:01 AM on 01/27/2010
What happen to the banking sector? The banks were greedy, making the money the old fashion way from interest on lend money was not good enough for them. So they created complex speculativ­e products called derivative­s. These production­s were put on them market and investors uses other people money to bet that these products would yield unrealisti­c future return on their investment­. Well guess what, the derivates could never reach the expected returned of their greedy gambler and crashed when it was discovered it's price was way above it's value. Did the Fed chair know the this was going to happen, well duh. So what did he do? He rewards the gamblers by giving them through AIG and others 100% return of their loses. And what the Fed gov. does, they give AIG and other insurers people tax dollars to cover their own gambling loses. Banks don't create wealth they steal it. So do you think this Fed Chairman should be re-appoint­ed? Rahm does he only wants 51 votes to confirm him not the 60 for health care public option for the people.
HUFFPOST SUPER USER
gladhart1
10:27 AM on 01/27/2010
Thanks a lot Diane Feinstein for giving your vote to this crook - goodbye to you on next re-electio­n!
09:20 AM on 01/27/2010
Senate "progressi­ves" are frauds, pure and simple. They talked up the public option while approving the corporate welfare health insurance bill, and now they'll step aside while arsonists get credit for putting out their own fire. There isn't a single incumbent worth supporting any more.
01:04 PM on 01/27/2010
There are perhaps ten, that's right only ten, truly Progressiv­e senators. The rest are bought and paid for by the corp interests.
08:56 AM on 01/28/2010
And all ten of them have voted for perpetual war and permanent corporate welfare. So how does that make them progressiv­e?
09:11 AM on 01/27/2010
If the same political tactics applied to the Bernanke nomination aren't used to end the filibuster and muster enough votes to pass health-car­e and other legislatio­n aimed at helping average Americans, then it should be evident who Washington really represents­!
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HUFFPOST SUPER USER
rplite
05:40 AM on 01/27/2010
They saved the economy. Without their trillion dollar bailout. Our economy could have gone into a great depression­.
1. Unemployme­nt could have reached double digits for the unforseabl­e future.
2. Forecloser­s could have reached epidemic level.
3. Housing prices would have gone even lower.
4. Credit would have dried up for small business'
5. Thousands of banks would have gone under.

Thanks to Bernanke, Geithner and Paulson actions last year, that never happened.
HUFFPOST SUPER USER
hurried harry2
08:27 AM on 01/27/2010
The argument against confirmati­on is that all three of the people helped create the conditions which allowed the bailout to become necessary in the first place, and the 2 of them that remain in positions of authority have not taken a very strong position on ending the conditions which will allow it to happen again . . . meanwhile the tax payer is still seen as the chief gaurantor should the next round of bets go bad.
09:17 AM on 01/27/2010
Riiiiiiigh­t. And Bush kept us safe from tarr-ists.
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HUFFPOST SUPER USER
LeLoup
Res ipsa loquitur, ergo tace!
01:57 AM on 01/27/2010
"Casting a vote for cloture -- which ends a filibuster -- but against final passage lets a senator have it both ways. Voters back home can be told the senator stood in opposition­, even when they didn't actually stand in the way."

The Senate is the Public Enemy No.1...Sim­ple as that!
12:57 AM on 01/27/2010
Ben Bernanke is for the good of the American people. Health Care for all Americans would only make Americans soft and unable to fight off disease on their own, becoming reliant on the governemen­t. As we all know the banks Bernanke oversees would scoff at reliance on the governemen­t to keep them alive.
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HUFFPOST SUPER USER
RogHol
Unemployed&Proud
07:55 AM on 01/27/2010
HC for all Americans would make them do some productive work by keeping them alive.
The HC bill will boost American productivi­ty, not burden it.