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Rep. Sherman, Not So Popular On the Playground

California Democrat Brad Sherman isn't making many friends in Washington this week with his outspoken opposition to the House bailout bill. (Getty Images)

If the House of Representatives was a playground, Rep. Brad Sherman (D-Calif.) might be most likely to get beat up.

Sherman, who led the House revolt against the bailout bill this week (and will do so again on Friday), has become spectacularly unpopular with both the Republican and Democratic leaderships, not to mention K Street.

Lobbyists and House aides were gossiping this week that House Financial Services Chairman Barney Frank (D-Mass.) angrily told the more diminutive Sherman in front of his colleagues at a Democratic caucus meeting last week to "shut up and sit down."

It didn't really happen that way, both men tell us. Frank's spokesman, Steven Adamske, emphatically said Frank never told Sherman to shut up and sit down. "Not at all," he said.

Sherman wouldn't agree with the "not at all" part.

"I do remember him having a very strong position. I don't remember him saying those exact words," Sherman tells us.

So what did Chairman Frank say exactly? "I would say he made it clear in an unshy way. . . . My view is [Treasury Secretary Henry M.] Paulson has not demonstrated that he has any greater integrity or concern for working families than the administration in which he serves," Sherman told us. "When I said something similar to that at caucus, Barney was very, very angry."

"I see Paulson as part of the Bush administration," Sherman continued. "Barney sees him as someone he wants to give more power to than I would entrust to Mother Teresa."

Sherman stands ready to try to blow things up on the floor Friday when the House is scheduled to take up the $700 billion bailout bill passed by the Senate late Wednesday. He sent an email to colleagues late Wednesday afternoon inviting them to a meeting of the Skeptics Caucus, which Sherman founded, to discuss "floor strategies for both the rule and the bill."

By Mary Ann Akers  |  October 2, 2008; 10:40 AM ET
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Many Americans realize that the bailout is bad but they also realize that the House not passing this bailout will be a lot worse.....for them, their bank accounts, investment accounts, and their, yeah, Paulson is a Bush puppet...who cares....just pass the bill...or, come re-election time Sherman will be run out of dodge faster than the speed of light.

Posted by: Anonymous | October 2, 2008 11:16 AM | Report abuse

Go Rep. Sherman! We may need some sort of rescue package, but we don't need this mess, no matter how many tax breaks get tacked on! Representatives, let's start over again and come up with a sensible solution instead of just rolling over and doing whatever the lame-duck Bush administration asks!

Posted by: Scott | October 2, 2008 11:26 AM | Report abuse


It can get alot worse, bailout or not. Doing something is not always better than doing nothing.

Rep. Sherman on the Paulson plan as it relates to money going to foreign banks:

Posted by: apeiron | October 2, 2008 11:36 AM | Report abuse

I live in Rep. Sherman's district, and am quite pleased with his outspoken and vigilant position...he is not afraid to speak his mind, and apparently not afraid of making a few people angry in the process. As far as the bill goes...who really knows? If you listen to the drive-by media, liberal and conservative talking heads, as well as main street America, opinions are all over the board. I encourage more discussion,debate and dissection. By the way ...I will vote to re-elect Sherman

Posted by: Donna | October 2, 2008 12:13 PM | Report abuse

Brad Sherman is my Representative, and I couldn't be more proud that he's standing up to the Bush Administration's latest strong-arm tactics. This bill stinks, because at its core is a smelly piece of dog crap. Even if you hang 451 pages of ornaments on a smelly pile (and most of those are pretty smelly themselves), at its core it's still a smelly piece of crap. Hang in there Brad!

Posted by: Bill | October 2, 2008 12:27 PM | Report abuse

ALL American citizens should be outraged at the truth behind this bailout !!

PLEASE look at this video and decide for yourselves !!

Posted by: Angry American | October 2, 2008 12:54 PM | Report abuse

This is not a Bush or Republican or Democratic issue.. it is an issue of all Americans and it will affect all of us. Rep. Sherman needs to understand the implications of doing nothing and vote "yes" on Friday

Posted by: John | October 2, 2008 12:55 PM | Report abuse

I was in the room. Sherman was taking a lot of time making comments about the package. Chairman Frank cut him off at one point to give other members time and because Sherman was filibustering. Also, Sherman was equally heated during their brief exchange. Frank never said shut up or sit down, as Sherman was seated throughout.

Posted by: anon | October 2, 2008 1:37 PM | Report abuse

You know the old adage about fooling people -- you can't fool them all, all of the time. Things are getting caught up with Sherman whose largest donors are at the same time K Street (financial industry, real estate, even Fannie & Freddie) and the unions. Whichever way he votes, he's sunk. If you hear a great roar on Nov. 4 -- that's us in the 27th District saying 'so long' to Sherman and his disingenuous record.

Posted by: Brian Lee | October 2, 2008 1:47 PM | Report abuse

I think that Everyone should go to and see what America thinks.

Posted by: Lignnt | October 2, 2008 2:17 PM | Report abuse

I'm voting to re-elect, and I'm in his district. I wouldn't give discretionary funds to anyone in this administration... their arguments would leverage your dime for a cup of coffee into a billion-dollar oil-exploration Walker's War in Guatemala.

Fix the problem then fund the carry-over. Carry over now, and you've got the same problem later.

Posted by: Andy S | October 2, 2008 2:20 PM | Report abuse

I live in Congressman Sherman's district and am in FULL support of his actions. He is listening to his constituents and representing us, unlike the CA Senators who went against our voice.

Congressman Sherman, if you're reading this, we are behind you and truly appreciate knowing that you're OUR representative in Washington.

As for those who want to see this bill passed, have you researched it? Have you read the dissenting opinions of Nobel Laureates in Economics? Do you understand how inflationary it is?

Posted by: josh | October 2, 2008 2:49 PM | Report abuse

Hank Paulson was the CEO of Goldman Sachs until two years ago. Because of many of the decisions made by Paulson, Goldman Sachs was on the verge of collapse before being saved by a $5 billion infusion of cash by Warren Buffet and a landmark change in banking rules. Bush/Paulson are part of the problem, definitely not part of the solution. Credit is more expensive now because there's less of it. That's supply and demand. Wall Street just wants cheap credit subsidized by taxpayers.

Posted by: Lavelle | October 2, 2008 3:34 PM | Report abuse

I also live in Brad's district and I am very happy he is opposing the current bailout plan. I sent him an e-mail and asked him to hook up with Dennis Kuchinich who seems to have some great ideas in this area. Also Brad must be doing a decent job - he is certainly not getting elected for his looks. Keep up the good work B.S.

Posted by: Kevin | October 2, 2008 4:04 PM | Report abuse

I live in his district and I WANT HIM TO VOTE FOR THE BAILOUT. I'M REALLY P O'D.

Posted by: Alan Nichols | October 2, 2008 4:14 PM | Report abuse


When these banks were making money hand over fist they did not send me any. I would be interested in knowing why you think the public should shoulder the burden of private investment banks who made bad investments.

Posted by: Kevin | October 2, 2008 4:20 PM | Report abuse

I also support Brad Sherman. This bailout will only help Paulson's peers on Wall Street. It further erodes regional banking because Paulson can go after their assets as well under Section 10. The member banks of the NY Federal Resrve Bank are the main source of this crisis. The rest of the Federal Reserve banks are being managed much better. This bailout does not in any way address the root cause. It buys time, but for what??? We need to look for the dead bodies at the NY Fed!!! This bill sends the money directly to the Bank of NY, who will charge interest! to Paulson (our Treasury) who will use this debt money (of ours) to buy up ANY assets Paulson wants (i.e.,the bad debt of his buddies, the member banks of the Federal Reserve bank of New York.) I am disgusted with our senators who could not demand greater accountability in this bill and only countered with pork barrel projects to get it passed. Cowards. Yes, K Street does fund their campaigns, including Sherman's. But who will stand up to them? We are being manipulated with half truths and fear into taking the WRONG course of action. This may be a financial coup d'etat. Follow the money.

Posted by: Nancy | October 2, 2008 4:30 PM | Report abuse

It speaks very highly for Mr. Sherman that Mr. Frank is upset with him. As for the size difference, where's the Equalizer when you need him?

Posted by: Lou Filliger | October 2, 2008 5:51 PM | Report abuse

My parents just turned sixty and their 401 (K) are in tatters after the vote failed. They are not wealthy and they don't have time to make up the losses. If they don't stabilize the markets,people like my parents who worked hard, paid their bills, didn't take subprimes, will all go broke. Sherman like everyone else is playing politics.

Posted by: Alan Nichols | October 2, 2008 7:03 PM | Report abuse


Posted by: sfv voter | October 2, 2008 7:32 PM | Report abuse

If the bill would have been approved the first time we wouldnt be looking at another 150 billion in pork. Vote YES!

Posted by: Norm | October 2, 2008 8:03 PM | Report abuse

If Sherman's in my district I would re-elect him. He's a socialist like Obama and in these times that's the kind of government we need. Why should only the rich and wealthy enjoy life? what about the poor? We need more unions and more regulation, more welfare for the poor, so everyone will be equal. Politicians like Sherman and Obama will definitely bring change -- to a socialist system. Can't wait.

Posted by: Bill Karensky | October 3, 2008 12:15 AM | Report abuse

Sherman has shown he is a classy guy with a lot of integrity. He has won a fan for life.

Posted by: Reseda1 | October 3, 2008 1:17 AM | Report abuse

Ms. Akers, what a disgusting article. I remind you that those who do not speak up are just as guilty as those who commit a bad act.

No commentary on how juvenile Barney Frank's actions are? No comments on how much $$$ he has received from the banking industry?

Seriously, doesn't everyone wish bullies died out on the kindergarten playground?

Instead, they apprently become overweight, gross, disgusting human beings like Rep. Frank.

Brad Sherman has made us proud to be Americans. His courage should be emulated by the rest of the House. If only we were so lucky!

Posted by: Disgusted | October 3, 2008 1:35 AM | Report abuse

Ms. Akers, what a disgusting article. I remind you that those who do not speak up are just as guilty as those who commit a bad act.

No commentary on how juvenile Barney Frank's actions are? No comments on how much $$$ he has received from the banking industry?

Seriously, doesn't everyone wish bullies died out on the kindergarten playground?

Instead, they apprently become overweight, gross, disgusting human beings like Rep. Frank.

Brad Sherman has made us proud to be Americans. His courage should be emulated by the rest of the House. If only we were so lucky!

Posted by: Disgusted | October 3, 2008 1:35 AM | Report abuse

Uh, author, Rep. Sherman is hardly diminutive. Smart, yes. Aggressive, some times. But diminutive? Huh? He's like 6'0 and average weight.

Now Barney Frank? He's a whale of a human being who when he talks, sounds like his mouth is perpetually full of food.

Oh yes, back to the issues. We totally support Congressman Sherman. He's become a hero for this.

To you whiners about your 401K: have you thought about what will happen if the bailout does not work? So, we're all in debt and the stock market STILL tanks.

And a healthy correction is needed. Sometimes after a night of drinking, you just need to throw up. Wall Street ought to have one hell of a hangover after this one.

And by the way, speaking of Barney Frank, now I want to throw up!

Posted by: ValleyGirl818 | October 3, 2008 1:40 AM | Report abuse

I'm in Brad's district. I support him. This bailout stinks

Posted by: revko | October 3, 2008 12:15 PM | Report abuse

Sherman was on TV today but did not answer whether he would or would not vote for the bill. If he was so sure that a NO vote is good, why didn't he say that?
Guess that's typical politician. Worried and keeping fingers crossed.

Posted by: Alan Nichols | October 3, 2008 12:26 PM | Report abuse

Write in Sherman for Pres.

Posted by: Bushwackedagain | October 3, 2008 2:19 PM | Report abuse

I support Sherman. He is a man with integrity. We need more time. I feel this is like a scammer trying to hurry a buyer to buy his fake laptop by rushing the buyer into giving money.

Posted by: Adam | October 3, 2008 2:24 PM | Report abuse

I am a Republican an live in Sherman's district and he has my 100% support come this November. This goes beyond party. Unfortunately the right thing to do was lost on the majority of these idiots in Congress.

Posted by: Lou | October 3, 2008 3:53 PM | Report abuse

Am a republican that is opposed to this bailout because the Bush administration and the 110th congress together have become thugs. It is astounding that democrats are now embracing a bailout pushed by the man they supposedly loath, meaning Bush, and somehow think that Paulson is somebody worth doing business with. I would not support this plan just based on the premise that if Bush wants it it must be a bad plan. Speaking up and hanging out on the limb takes guts and often can be wrong, but if the intent is an honorable one that is well thought out and devoid of irrational hostility, then a person must act by his/her conscience. My biggest worry is that what got us here which is worldwide greed at every level including the consumer level will never be held accountable and as a nation we will never learn a valuable lesson. Those responsible should be held accountable but mostly we should want to hear from them what prevented them from doing the right thing. We will find out that often it is party loyalty that makes members look the other way. It is the same idea that when Sherman spoke a different tune, Franks wanted to hear no more about it. Being a member of a party should not preclude people from voicing their opinion no matter how unpopular.

Posted by: Susan | October 3, 2008 4:04 PM | Report abuse

Brad, please run against Boxer in the 2010 Democratic primary!

Change isn't just about getting the idiot Bush out. WE NEED ALL THESE IDIOTS OUT!!!!!!!

Posted by: Angry So-Caler | October 3, 2008 4:08 PM | Report abuse

Sherman's courage is remarkable given the retailiatory bent of George W. His well thought-out position deserves the support of every free thinking person, pasticularly in California. Thanks, Brad

Posted by: irv g | October 3, 2008 4:44 PM | Report abuse

I'm AGAINST THE BAILOUT. BUT, gee, what a hero! If only Sherman, (and that finance committee on which he sits long with moneyraker Chris Dodd) had done his job right in the first place and not stooped to taking 'campaign funds' from vested interests and had reigned in Freddie & Fannie instead of recklessly sponsoring bills that hastened their destruction, we would not need a bailout. Sherman for prez. What a joke! Do you work for him or something?

Posted by: Hank | October 3, 2008 5:51 PM | Report abuse

I can't believe all of the un-thinkers who support Sherman. He'll be gone soon, though, so not to worry.........

Posted by: Lucky1 | October 4, 2008 9:56 AM | Report abuse

I am for the bailout and hope I can get mine.

Posted by: Trieste | October 4, 2008 10:03 AM | Report abuse

Sherman couldn't be further from the ideals of a free country.

Posted by: S. Gomez | October 4, 2008 10:54 AM | Report abuse

Palin is nothing more than an embarassment to women. The wink was an insult to the American people. A VP Debate is an interview for the 2nd highest office in the nation. Winking was a sexist trick aimed to incite the men and gullible women who think sex is all that's needed to vote for a higly responsible position. She would never be hired in the real world. Alaska was easy for her cause they're all spead out and cut off from the rest of the media unlike the mainland. Palin is Pro-Life and she's too dumb to realized it. Anyone who supports the killing of a fetus to save her own life is hypocritical, especially coming from a fake christian. All this nonsense on loving god and if you might die giving birth you opt to save your own butt. Shame on her.

Posted by: Jane | October 6, 2008 2:48 AM | Report abuse

sorry wrong article!

Posted by: Anonymous | October 6, 2008 2:49 AM | Report abuse

Sherman is just playing politics and did not care about the implications of voting "no" on the bailout; only about
his re-election. If the bailout bill had been passed two weeks earlier, the economic crises would have been lessened.
What we are witnessing this week, both nationally and globally, is the
result of congress stalling on the
passing of the bailout -- and a "downward
spiral" -- that Sherman is in apparent denial of.

SHAME ON SHERMAN!! He has let us down,
once again.

Posted by: Ellen | October 7, 2008 2:30 AM | Report abuse

I phoned Congressman Sherman's office Thursday night to voice my concern that his "No" vote would become a "Yes" vote due to the fund package on low-budget film and television productions in Los Angeles. I am very satisfied and confident in his representation; better a consistent "No" vote than a change of stance due to funding. A rare thing to find in Washington...a representative who does what his constituents want. Bravo, Congressman Sherman. You can count on my support in the voting booth.

I oppose the bailout because I think a little belt tightening is good for a country now and then. Depression? No, just a little dose of reality will set in, that's all. A family earning less than $50,000 a year cannot afford a $450,000 house, shouldn't have been allowed to borrow that much, and the banks that backed the loans were greedy. I'm surprised more people were not supporting Congressman Sherman in opposing a taxpayer rescue to this avarice motivated fiasco.

Posted by: Dave | October 7, 2008 3:00 PM | Report abuse

Sherman's my rep and he has my support, because he supports the people. Keep up the great work Sherman.

Posted by: Bob F | October 7, 2008 8:13 PM | Report abuse

Sen. John McCain clearly won last night's debate.

Democrats for John McCain and Sarah Palin in 2008.

Posted by: Kristen | October 8, 2008 11:26 AM | Report abuse

Why is Brad Sherman so unpopular? Is it because he supports the people and actually represents them? More power to you Brad.

We must vote against everyone who supported this criminal bailout!
That includes both Senators Boxter and Feinslime.

Posted by: Doubtom | October 8, 2008 5:40 PM | Report abuse

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