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View Diary: Thank You President Obama! I was helped by the $26 Billion Settlement. That's why I'm a Democrat! (280 comments)

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  •  The facts remain that what's happening now... (4+ / 0-)
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    3goldens, 4Freedom, Little, BradyB terms of the period between the President took office (1/20/09, or thereabouts) and January 20, 2011, when the Republicans took control of the House, has pretty much continued as policy, with a few exceptions, to this day.

    The reality is that our government subsidizes--this is conservatively speaking--Wall Street to the tune of $250 billion plus per year...and it has been doing so since day one.  

    1.) Fight for tougher Dodd-Frank regs and enforcement, don't just provide lip service then cave on everything once everyone's behind closed doors.

    2.) Defund Wall Street subsidies.

    3.) Break up the big banks.

    4.) Actions not words when it comes to campaign finance reform.

    5.) Stop pandering to the 1%, in general. (And, lip service for the 99% is precisely that...paraphrasing the Beatles " might give us a thrill but it don't pay our bills."

    So, to answer your question, the truth is that, "realistically," the President's primary goal is to be re-elected. Everything, and I do mean everything, else takes a back seat.

    There's intensive pretzel logic here, of course...let's "wait," and let the 1% obtain even more absolute power than they have now...and then attempt to address it?

    The fact that many "buy" that, even within our own party these days, is the epitome of cognitive dissonance and insanity.

    Show me a government that: continues to increase income inequality to record levels, and then highlights a recovery that's all but nonexistent to 75%-80% of the public--never mind the fact that voters continue to lose ground, economically, by the day--and I'll show you a country that ends up, sooner than later, becoming virtually and entirely neofeudal, never mind the other totalitarian truths of our day...either that, or it implodes, altogether.

    "I always thought if you worked hard enough and tried hard enough, things would work out. I was wrong." --Katharine Graham

    by bobswern on Sun Apr 22, 2012 at 01:35:38 PM PDT

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    •  The best answer to this I've read in the past... (2+ / 0-)
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      3goldens, 4Freedom

      ...few days comes from economist Michael Hudson, and it's linked RIGHT HERE.

      "I always thought if you worked hard enough and tried hard enough, things would work out. I was wrong." --Katharine Graham

      by bobswern on Sun Apr 22, 2012 at 01:38:30 PM PDT

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      •  I agree on the remedies, but see huge (0+ / 0-)

        roadblocks to accomplishing them. Between now and November I don't expect much legislation to pass that benefits the 99%. Every point you raise, and with which I heartily concur, smacks right up against the interests of the finance oligarchs.

        To think that they will release the death grip they have on our economy is completely unrealistic. The only possibility for change that I see comes from the Occupy movement. If enough awareness can be raised about the stakes involved, maybe some small change can be accomplished in 2012.

        Otherwise I see this as a year of tremendous disengagement from the electoral process by millions of apathetic voters. I don't envision the backlash that brought in the Teahadists of 2010, but I do see enough disinterest and dismay that the presidential outcome in November is far from certain.

        If the head of the ticket is in that much trouble, and I think he may well be, downline what I hear is crickets.

        If you want to sleep well at night, it's best to avoid watching the making of sausages or politics. ~ Otto von Bismarck

        by 4Freedom on Sun Apr 22, 2012 at 02:21:41 PM PDT

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