Associated Press file photo
President Barack Obama, accompanied by House Financial Services Committee Chairman Rep. Barney Frank, D-Mass., left, and Senate Banking Committee Chairman Sen. Christopher Dodd, D-Conn., makes comments in the Diplomatic Reception Room of the White House in Washington, Wednesday, Feb. 25, 2009, after a economic meeting.

Related: Ramming Obamacare through without bipartisan support was wrong

WASHINGTON, D.C. — Rep. Barney Frank has been right on many things during his 32 years as a champion of the underdog in the House of Representatives, but he was dead wrong when he recently remarked that Democrats acted precipitously by rushing health care reform into law at the start of President Obama's first term.

The remark has angered many congressional Democrats, some of whom wasted no time in suggesting that Frank's gargantuan-size ego had been bruised by the fact that his party sidetracked his sweeping financial services reform bill to pass the unwieldy and widely unpopular ObamaCare.

Unfortunately, Frank, who is retiring at the end of the year, fails to recognize the realities facing his party at the start of 2009. With dominant majorities on Capitol Hill and a promising new president in the White House, the Democrats had little choice.

In doing so, however, their congressional leaders lost their nerve — failing to realize they and they alone held the upper hand. As a result, they produced a dysfunctional bill of more than 2,700 pages weighed down with hundreds of often conflicting requirements — a veritable "dungeons and dragons" labyrinth where untold dangers lurked behind every turn.

Passage of a single-payer system — already working well in Canada, across much of Europe and in most other advanced countries — finally would have brought 21st century medical care to the United States. That would have eliminated the costly tons of paperwork and volumes of confusing rules that now befuddle and all too often bankrupt Americans in need of quality care delivered in plain Anglo-Saxon English.

Sadly, then-Senate Majority Leader Harry Reid, D-Nev., and House Speaker Nancy Pelosi, D-Calif., simply lost their nerve and ignored the advice of such experienced legislators as Reps. John Dingell, D-Mich., and Jim McDermott, D-Wash. — trading principle and practicality for the prospect of campaign contributions from the likes of Pfizer, Humana, Cigna and United Health Care.

Democrats as whole would have been better off if they had taken the advice of legendary Tammany Hall boss George Washington Plunkitt, and indulged in a little honest graft, once described by Plunkitt as pursuing "the interests of one's party, one's state, and one's personal interests all together."

Still, Barney Frank is blatantly wrong in his assertion that the Democrats should have waited before passing a major health care reform package.

Ironically, the Supreme Court likely would do Democrats a favor at the polls in November, if — as expected — they strike down the Affordable Care Act's individual mandate, thus pulling the bottom card from Reid and Pelosi's hastily constructed house of cards.

If that happens, the progressive forces that now constitute a majority of Democratic congressional candidates could seize the day and run on single-payer health care legislation.

Such a move would instantly undermine the fearmongering by "know-nothing" tea partiers and could well attract more than a modicum of support from independents, moderate Republicans and even some traditional conservatives, who would like to get the contentious issue off the table and move on with more pressing issues.

In many respects, passing a reasonable single-payer bill could be the one action that revives bipartisan civility and helps restore the U.S. to its traditional role as world leader.

Wayne Madsen is a contributing writer to the Online Journal and an author of several books with a progressive perspective.