Reich: Bernie absolutely correct in Daily News, criticism bonkers.
Since the Camp Clinton was the one pushing the criticism is it just dirty politics or maybe they just don't understand the subject matter? With their track record maybe it's a little of both? 
From Robert Reich facebook:
In an exchange with the New York Daily News editorial board a few days ago, Bernie said he didn’t know if the Fed had authority to break up the big banks but the President does have such authority under the Dodd-Frank Act.
This drew an onslaught of criticism from the media: "Bernie Sanders Admits He Isn't Sure How to Break Up Big Banks," read Vanity Fair's headline. "This New York Daily News interview was pretty close to a disaster for Bernie Sanders," said The Washington Post. "How Much Does Bernie Sanders Know About Policy?" asked The Atlantic. The Clinton campaign even said in a fundraising email "on his signature issue of breaking up the banks, he's unable to answer basic questions about how he'd go about doing it, and even seems uncertain whether a president does or doesn't already have that authority under existing law."
The criticism is bonkers. Bernie was absolutely correct when he said the President has the authority to break up the big banks under Dodd-Frank. He's repeatedly specified exactly how he'd use that Dodd-Frank authority to do so. His critics are confusing the Dodd-Frank Act with the Federal Reserve. Whether the Fed has the authority on its own to break up the biggest banks is irrelevant.
Clearly, Bernie has the Democratic establishment worried enough to try to twist his words into pretzels.
What do you think?
http://www.dailykos.com/stories/2016/4/6/1511490/-Bill-Clinton-Labor-Sec-Robert-Reich-Bernie-absolutely-correct-in-Daily-News-criticism-bonkers
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