Democratic Primaries

uawchild

(2,208 posts) Tue May 7, 2019, 09:19 AM May 2019

20 year war between Biden and Warren over bankruptcy, explained

en. Elizabeth Warren (D-MA) was the first Democratic 2020 hopeful to take a direct swing at former Vice President Joe Biden since he got into the race, accusing him of being “on the side of the credit companies” in a fight that launched her political career a decade ago.

Warren’s quarrel with Biden isn’t personal. It’s about a 2005 bankruptcy bill he supported as a senator. Warren opposed the bill so vehemently that its passage inspired her transition from a Harvard bankruptcy law professor, who studied middle-class economics, to a senator and now a presidential hopeful.

“I got in that fight because [families] just didn’t have anyone and Joe Biden was on the side of the credit card companies,” Warren said after an April rally in Iowa. “It’s all a matter of public record.”

The bill made it harder for individuals to file for bankruptcy and get out of debt, a legal change that credit card companies and many major retailers had championed for years. The bill passed Congress with large majorities, but most Democratic senators, including Barack Obama, voted no. Biden voted yes and was widely seen at the time as one of the bill’s major Democratic champions.

https://www.vox.com/policy-and-politics/2019/5/6/18518381/baccpa-bankruptcy-bill-2005-biden-warren

Sadly, this is another example Biden voting with the Republicans. President Obama and most other democrats in the Senate voted against this bill. Biden voted for it. Has he ever apologized for doing so?

If I were to vote in a presidential
primary today, I would vote for: Undecided

10 replies

= new reply since forum marked as read

Highlight:

20 year war between Biden and Warren over bankruptcy, explained (Original Post) uawchild May 2019 OP

Biden represented Delaware in the Senate Jose Garcia May 2019 #1

Jose is 100% correct PBC_Democrat May 2019 #5

I get it zipplewrath May 2019 #7

BINGO!!! InAbLuEsTaTe May 2019 #10

Why Elizabeth shines as a "war veteran" & doesn't need to evolve, as one of our finest candidates. InAbLuEsTaTe May 2019 #2

If Massachusetts was home to a large block of credit card issuers ... PBC_Democrat May 2019 #6

Highly doubt it... a leader leads people in the right direction. That's Elizabeth!! InAbLuEsTaTe May 2019 #8

Warren was, and is, right. HopeAgain May 2019 #3

Yes...................... turbinetree May 2019 #4

BOOOOOOM!!!! InAbLuEsTaTe May 2019 #9

Jose Garcia

(2,612 posts)

1. Biden represented Delaware in the Senate

Reply to uawchild (Original post)

Tue May 7, 2019, 09:23 AM

May 2019

Delaware has a lot of banks which issue credit cards. Those banks employ thousands of Delaware voters.

If I were to vote in a presidential
primary today, I would vote for: Joe Biden

PBC_Democrat

(401 posts)

5. Jose is 100% correct

Reply to Jose Garcia (Reply #1)

Tue May 7, 2019, 09:59 AM

May 2019

As a U.S. Senator Joe Biden's primary purpose was to advocate in the best interests of the citizens of DELAWARE!

As Jose pointed out a huge number of those hard-working, tax-paying Delaware are employed by the bank that issue credit cards. Voting against the employers of Delaware is a great way to become a former senator.

It's easy to take a stand when there will be no backlash from the people that control your next senate election.

He was:
The preference OF THE PEOPLE
He was elected BY THE PEOPLE
His duty was to vote FOR THE PEOPLE
.... Of DELAWARE ....

He was not:
Tasked with representing the citizens of the other 49 states
Supposed to be voting with a bid for POTUS in mind

He voted the correct way on the bankruptcy based on his role at the time.

If I were to vote in a presidential
primary today, I would vote for: Joe Biden

zipplewrath

(16,646 posts)

7. I get it

Reply to PBC_Democrat (Reply #5)

Tue May 7, 2019, 10:40 AM

May 2019

This is roughly the defense that is put up about Bernie's votes on some industries that directly affected his constituency. It's roughly the defense that Manchin gets as well. I would point out that there were far more PEOPLE OF DELAWARE that were going to be adversely affected by these laws, than were employed by them. He was supposed to vote for ALL the people of Delaware.

If I were to vote in a presidential
primary today, I would vote for: Undecided

InAbLuEsTaTe

(24,128 posts)

10. BINGO!!!

Reply to zipplewrath (Reply #7)

Tue May 7, 2019, 11:10 AM

May 2019

Bernie & Elizabeth 2020!!!
Welcome to the revolution!!!

If I were to vote in a presidential
primary today, I would vote for: Undecided

InAbLuEsTaTe

(24,128 posts)

2. Why Elizabeth shines as a "war veteran" & doesn't need to evolve, as one of our finest candidates.

Reply to uawchild (Original post)

Tue May 7, 2019, 09:25 AM

May 2019

She already IS!! Elizabeth represents the PEOPLE, not the credit card companies... good for her!!

Bernie & Elizabeth 2020!!!
Welcome to the revolution!!!

If I were to vote in a presidential
primary today, I would vote for: Undecided

PBC_Democrat

(401 posts)

6. If Massachusetts was home to a large block of credit card issuers ...

Reply to InAbLuEsTaTe (Reply #2)

Tue May 7, 2019, 10:04 AM

May 2019

If tens of thousands of MA residents were employed by big banks
If the law in question would have caused closures/layoff affecting the residents
If the voters overwhelmingly opposed the law

I wonder if she would have taken the same position.

If I were to vote in a presidential
primary today, I would vote for: Joe Biden