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View Diary: Spiegel:"Wall Street's Central Values: Avarice and Greed." The next bailout, Wall Str. vs Main Str. (105 comments)

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  •  Congress, Congress, Congress. (2+ / 0-)

    Okay, how much interest does the President have in bailing out the citizenry?

    •  The President has no power to bail out the (4+ / 0-)

      citizenry.  All speding has to be authorized by Congress and all programs have to be approved.

      The supposed potency of the unitary executive is a sham. The only autonomous ability the President has is not to act -- to do nothing.

      The system set up by the Constitution is permissive.  There are mays and musts. These positive directives are enforced by dismissing agents of government who don't perform.
      The amendments are an anomaly to the extent they express prohibitions. They presume that by prohibiting one action, its (positive) opposite will take place. In reality it doesn't work that way, if only because prohibitions are fraught with exceptions. So, for example, agents of government are prohibited from entering a residence, unless they have a warrant or no time to get one. The prohibition is conditional and easy to evade.
      Similarly, individuals are not to be interrogated to testify against themselves -- unless they have been warned to shut up and talk anyway.

      If we had just stuck with the positive directives and spying weren't assigned to any agency, there would be no authorization to spy.
      The Constitution does order the regulation of commerce and under that rubric lots of intercourse is directed.

      Also, because of the precedent set in the amendments, some people argue that whatever is not prohibited is ipso facto permitted, even though it is not specifically addressed in the Constitution. And then, under the guise of "protection," even more stuff gets done.

      We organize governments to deliver services and prevent abuse.

      by hannah on Wed Dec 12, 2012 at 07:27:08 AM PST

      [ Parent ]

      •  whoosh! (4+ / 0-)
        The President has no power to bail out the citizenry.
        Duh.  But he has the worlds' biggest bully pulpit.

        On second thought: Yeah, he has plenty of power.  I had the good fortune to see the LBJ Museum last year.  You know that guy spent hours each day on the phone browbeating Democrats and Republicans alike into acceding to his agenda?  If this President does anything of the sort, he's been doing a great job of keeping it a secret -- all we hear about is preemptive compromise.

        So sure, the current President would probably fail some of the time if he used the LBJ approach.  But at least we all would've known that he'd tried.

        Of course, all this assumes that he wanted to do so in the first place.

        •  And you had to go to a museum after he died (2+ / 0-)
          Recommended by:
          Deep Texan, furi kuri

          to find that maybe you would never know what Obama is doing, depending on how long you last.

          I would love to have serious polite debate or discussion sometimes on the merits and meanings behind the 'at least he tried' or 'better to try and fail' stance vs 'don't start wars you can't win' and 'know you'll win before you try.'

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