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for Bernankes job at the Fed.

WASHINGTON – White House officials and Senate leaders predicted on Sunday that Federal Reserve Chairman Ben Bernanke will be confirmed for a second term.

White House spokesman Robert Gibbs said a new four-year term for the central bank head is needed to ensure stability in the financial system. Lawmakers would send a bad message to financial markets by "playing politics in any way" with Bernanke's nomination, Gibbs said.

...

Obama called Senate allies on Saturday to make his case for Bernanke, whose term ends Jan. 31. The Senate is scheduled to vote on Bernanke by week's end.

I'm sure that the Obama apologists, Obama PR team and Obama League of Kossack Defenders (tm) will jump all over this diary, but frankly, I've had enough of the hypocrisy.   I can almost hear them whining already:

"Give him time, he's been in office for only a year and this is all part of the deep chess game that he's playing, and during the campaign he never promised to fire Bernanke and you can't expect him to do something that during the campaign he didn't specifically promise to do."

etc., etc.

Meanwhile, it's becoming crystal clear that the Cheney/Rove/Bush Machine couldn't have planned a better person to take over than Barack Obama and one has to wonder if maybe they did.

He all but pardoned them, after all.  He kept their crew in place.  The crew that caused this financial disaster.

Now, a lot of people point out that a Presidents first year is the most important and that of course, the outgoing crew was going to do all they could to hamstring in incoming president his first year.  All of that is true.  But what they fail to answer is the question why would Obama keep Bernanke, Geithner, Gates?  

The obvious answer is that Obama was put into office to do exactly what he's doing.  Bush/Cheney/Rove duped the public.

And certain people at Daily Kos have been either in denial, or are actively working to continue duping the public ever since.

I believe Obama has no credibility and I certainly wouldn't trust him to do the right thing.

I also believe that until this website does something about the Obama Noise Machine that is driving away progressives in droves, that this website also loses credibility and can't be trusted.

I would hope that people around here listen, because this place was once a beacon of hope.  Now it's where you go to find out what the latest White House spin is.

Originally posted to Pen on Sun Jan 24, 2010 at 10:06 AM PST.

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Comment Preferences

  •  Tip Jar (13+ / 0-)

    "Take whatever you can, Steal whatever you can't take, Kill what you can't steal so no one else can have it." - Republican Business Philosophy

    by Pen on Sun Jan 24, 2010 at 10:06:20 AM PST

    •  Tipped and Recommended - for needed openness (6+ / 0-)

      Yes, you may be flamed into ashes for speaking out so (and invoking "conspiracy"), but I appreciate your honesty and share in some of your discontent.

      The fact is a large block of Democratic voters and even larger numbers of Independents are extremely frustrated with the scope of reform for Main Street, compared to what has been (or may be) given to Wall Street (including the Senate health industry mandate).  

      Many here would just as soon have dissenting voices fuck off to somewhere other than here.  But let us remember that Marcos' focus for DailyKOS is not to just elect Democrats.  He intends to use KOS to elect more and better Democrats.  

      We cannot hope to improve the quality of Democrats in office if dissenting voices in our own party are squelched in favor of DLC centrism.  

      Sunshine on my shoulder...

      by pkbarbiedoll on Sun Jan 24, 2010 at 10:15:36 AM PST

      [ Parent ]

      •  It has nothing to do with dissent. (5+ / 0-)

        There's pretty much nobody here without serious criticism of some of Obama's moves. Dissent means rational criticism, not idiot conspiracy theories. Dissent is useful to Democrats and lefties and Obama. Mere loony spew like this diary is useful only to the delusion of heroism. Ayn Rand would be so proud.

        Everybody talkin' 'bout Heaven ain't goin' there -- Mahalia Jackson

        by DaveW on Sun Jan 24, 2010 at 10:32:34 AM PST

        [ Parent ]

        •  oh bull! (4+ / 0-)

          This place has become known throughout the blogosphere as the place where you CANNOT criticize Obama.

          The fact that progressives are stubborn enough to come here and still do so just goes to show the perserverance of the human spirit!

          "Take whatever you can, Steal whatever you can't take, Kill what you can't steal so no one else can have it." - Republican Business Philosophy

          by Pen on Sun Jan 24, 2010 at 10:48:48 AM PST

          [ Parent ]

          •  Is that what this was? (4+ / 0-)

            Meanwhile, it's becoming crystal clear that the Cheney/Rove/Bush Machine couldn't have planned a better person to take over than Barack Obama and one has to wonder if maybe they did.

            Criticism?

            I'm as pissed off as you are at what is happening right now.  I'm not happy with Obama or the Democrats, and I'd like to see all of us work collectively to push them to get tougher.  I can't help wondering though, what in the hell are you accomplishing by putting out conspiracy theories about Obama being a Cheney plant?

            •  That's called looking with open eyes (1+ / 0-)
              Recommended by:
              mint julep

              No possibility should be off the table as consideration.  How else can anyone have a realistic outlook?

              What he's done is exactly what Ford did for Nixon.  No one called it a "conspiracy" then, did they?  They called it what it was:  Tit for tat.

              "Take whatever you can, Steal whatever you can't take, Kill what you can't steal so no one else can have it." - Republican Business Philosophy

              by Pen on Sun Jan 24, 2010 at 11:06:36 AM PST

              [ Parent ]

              •  OK, if no possibility is off the table, (0+ / 0-)

                then why not argue that little green men from Mars got him elected?

                You're in Birther/Teabagger territory with that one.

                I was with you for the title and the quoted articles, but the rest was over the top.  My problem with your diary is that its the kind of inflammatory rhetoric that allows other Democrats to say that you can't criticize the president at all.  It doesn't accomplish anything other than to make people pissed at each other.

                •  Odd analogy. (0+ / 0-)

                  afterall, Obama didn't all but pardon little green men from Mars did he?  No, he all but pardoned Bush/Cheney/Rove.

                  He didn't bailout the little green men from Mars, did he?  No, he bailed out Bush/Cheney/Ropes buddies.

                  He isn't keeping prisoners in Gitmo that were put there by little green men from Mars is he?  Nope, they were put there by Bush/Cheney/Rove.

                  I think you see the absurdity of your post.  If not, eveyone else does and that's all that matters anyways.

                  "Take whatever you can, Steal whatever you can't take, Kill what you can't steal so no one else can have it." - Republican Business Philosophy

                  by Pen on Sun Jan 24, 2010 at 11:26:26 AM PST

                  [ Parent ]

                  •  It was meant to be absurd. (0+ / 0-)

                    I'm sorry that you can't see the absurdity of some of the language in your diary.

                    •  yeah, I see the absurdiy (1+ / 0-)
                      Recommended by:
                      mint julep

                      the absurdity that Obama can't fight for US, but he sure as hell can fight for THEM.

                      "Take whatever you can, Steal whatever you can't take, Kill what you can't steal so no one else can have it." - Republican Business Philosophy

                      by Pen on Sun Jan 24, 2010 at 11:33:38 AM PST

                      [ Parent ]

                      •  There's a big difference (0+ / 0-)

                        between calling out bullshit and starting conspiracy theories.  

                        If you had written a diary expressing frustration with Obama for fighting for a continuation of Bush policy I would have agreed with you.

                        Instead, you chose to use this to repeatedly say that he was a Republican plant, and then to complain about people who don't like criticism of the president.

                        My issue with your diary is that I'm tired of the people who attack anyone who criticizes the president, and I think that over the top diaries like this keep them in attack mode.  You are helping maintain the very dynamic you say you're tired of.

                        •  Well, consider the absurdity of an apology (0+ / 0-)

                          It might go something like this:

                          I apologize for inferring that BushCo may have conspired to get Obama elected so that he could continue the BushCo agenda.  

                          It's obvious I've got conspiracy mania.  Afterall, most, if not all, of my diaries have inferred conspiracies on the part of BushCo.

                          My (link to) top rated diary The Man Who Forged Too Much inferred a conspiracy by BushCo with members of the Italian intelligence agency to forge the Niger Uranium documents in order to send us to war.

                          I apologize for inferring such a BushCo conpiracy theory at DKos.  It is against this website policy to post conspiracy material.  I urge Joshua Marshall at TPM to apologize for inferring a conspiracy at his website as well.

                          I apologize for inferring in my rescued diary that (link to The Usual Suspects and Judy Miller diary)Judy Miller conspired with BushCo to trump up the war in Iraq with phoney articles in the NYTimes.

                          Again, against this websites policy to post conspiracy theories.

                          And so on, with apologies for conspiracy theories about:

                          Outing Valerie Plame.

                          Establishing the Office of Special Plans to sell the war in Iraq and cover up their lies.

                          Etc. Etc.

                          So naturally, I should apologize for even CONCEIVING of the notion that the same group who

                          Lied us to war with media collusion.

                          Outed a CIA operative with media collusion.

                          Sold us on an arms race in the 70's with media collusion (with link of course).

                          etc., etc.  

                          could have POSSIBLY - with media collusion no less - managed to see to it that a man dedicated to making sure their agenda continued unabated got elected to replace Bush.

                          I mean, REALLY, it's only a conspiracy theory when it involves DEMOCRATS!

                          "Take whatever you can, Steal whatever you can't take, Kill what you can't steal so no one else can have it." - Republican Business Philosophy

                          by Pen on Sun Jan 24, 2010 at 12:28:43 PM PST

                          [ Parent ]

                          •  My issue is not with you or your other diaries (0+ / 0-)

                            When you have evidence above and beyond the idea that helping Obama would benefit them, then you'll have a leg to stand on.  Until then, your accusations are groundless and inappropriate.

              •  No possibility off the table? (2+ / 0-)
                Recommended by:
                ChicDemago, Lost and Found

                I guess we'd better go back and start investigating Clinton murdering Vince Foster again, then. And the conspiracy to lie about climate change. And Obama's birth certificate. And the Protocols of the Elders of Zion.

                How else can anyone have a realistic outlook?

                It is slightly interesting, though, to wonder if you ever even read what you write, much less hear anyone else through the voices. Obama did "exactly" what Ford did for Nixon? He used his presidential power to pardon somebody? When did that come about? Was there an impeachment I didn't hear about? That would be "exactly" what Ford did.

                How do you expect anyone to take your seriously when you argue like an 8-year-old?

                Everybody talkin' 'bout Heaven ain't goin' there -- Mahalia Jackson

                by DaveW on Sun Jan 24, 2010 at 11:24:23 AM PST

                [ Parent ]

            •  I couldn't have said it better myself. It is like (1+ / 0-)
              Recommended by:
              Lost and Found

              one can not make reasoned critical analysis of the Obama team without resulting to Bush/Cheney, RW meme or disparaging commentaries.

          •  Funny how you just went far beyond (3+ / 0-)

            criticizing Obama and slandered him as a quisling planted by Rove and Bush, right here on DKos. Funny how a diary right here of DKos called "Sen. Sanders to Obama: Wake the F### up!" has 3 screens of recs (a thousand or so?) and over 500 pluses in the tip entry. Funny how everywhere I look there are complaints about one or another of Obama's policies, statements, or a lack of same. And yet you CANNOT criticize Obama here. I guess we're witnessing some kind of miracle.

            Just maybe the difference is that useful criticism is the norm, and you can't stand that worthless trolling like you emit doesn't get any respect. Just maybe that's because it doesn't deserve any. Clue: this is a Democratic/liberal site. When what you write is simply a tepid echo of McCain and the teabaggers, nobody's interested -- been there, heard that already.

            Everybody talkin' 'bout Heaven ain't goin' there -- Mahalia Jackson

            by DaveW on Sun Jan 24, 2010 at 11:15:07 AM PST

            [ Parent ]

            •  Wow aren't you pissy for someone who's had (1+ / 0-)
              Recommended by:
              SmedleyButlerUSMC

              a lot less recommended and rescued diaries than I have.

              and you can't stand that worthless trolling like you emit doesn't get any respect. Just maybe that's because it doesn't deserve any.

              Hardly.  I've had top rated diaries that sat at #1 for quite a long while and several rescued diaries as well.

              But you sure do like ad hominem attacks when you don't have a REAL substantive defense of Obama don't you?

              People who are critical of Obama around here get attacked.  This IS the home of "11th dimensional chess" and other assorted bullshit, afterall.

              "Take whatever you can, Steal whatever you can't take, Kill what you can't steal so no one else can have it." - Republican Business Philosophy

              by Pen on Sun Jan 24, 2010 at 11:22:43 AM PST

              [ Parent ]

  •  This guy is a joke (5+ / 0-)
    Recommended by:
    esquimaux, need pr, RenMin, Wom Bat, Ivan Jones

    Milquetoast in support of a PO, milquetoast in support of HCR, and then when does he decide to throw down the gauntlet and fight? Oh yeah, to confirm a failure right-wing Bushie.

  •  Not an"Obama apologist" (12+ / 0-)

    by any stretch of the imagination, but I really don't see how this is helpful.  In fact, I don't see how calling anyone an "Obama apologist" or Obama-anything is helpful.  It's one thing to disagree with his policy, it's another thing to insinuate that Obama is a Republican plant.

  •  Our state OFA director... (11+ / 0-)

    ...solicited feedback from the neighborhood team leaders like myself this week, asking for our thoughts on our path forward. Two of my responses were:

    It's time for the Obama administration to get moving on repealing Don't Ask, Don't Tell. He can move forward with an executive order while Congress changes the law. That would earn a LOT of goodwill among his base.

    Finally, it's time to start thinking about getting rid of Geithner, Bernanke and the other banking cronies in the administration and really getting serious about banking reform and regulation. Having the people that were in charge during the economic collapse be in charge is just sending the entirely wrong message.

    In other words, despite your attempt to smear Obama supporters as unwaveringly loyal robots, we're not. I'm sick of the attitude, frankly.

    Vote for my short story "Two North" HERE. Thanks!

    by Eclectablog on Sun Jan 24, 2010 at 10:16:27 AM PST

    •  And you are still here defending him why? (7+ / 0-)

      If you think it's "finally" (why finally, why not day one?) time to get rid of Bernanke, then you must be doubly disappointed with Obama after reading that he's actually going to FIGHT to keep Bernanke.

      After he didn't fight to investigate the outgoing president.

      After he didn't fight to get healthcare reform.

      After he didn't fight for the public in the Bailout Disaster.

      After he didn't fight to close Gitmo.

      After he didn't fight to get our troops out of Iraq.

      After he didn't fight to end the wiretapping.

      I could write a diary on just the things he DIDN'T fight to do, but hey, you get all sick of the attitude of a diarist on Daily Kos and keep right on defending Obama, even as you admit he should be doing the opposite of what he IS doing.

      Whatever.

      "Take whatever you can, Steal whatever you can't take, Kill what you can't steal so no one else can have it." - Republican Business Philosophy

      by Pen on Sun Jan 24, 2010 at 10:22:26 AM PST

      [ Parent ]

    •  They meaning Obama and his team have (1+ / 0-)
      Recommended by:
      pamelabrown

      been working on finance reform since day one. I really believe he kept the unholy trio because they are among the few who know what happen and who got what. There have been hearings and recommendations and he has put forth his ideas about what should happen for starters. There is more to do, and no matter what he may want to do or we may want him to do for us, it all still has to get thru the  Senate. I used to think Chris Dodd was one of the good guys and now that he isn't running for reelection he has lost interest in finance and credit reform. I realize our President isn't going to take no for an answer from him, but how can anything get done when people we count on suddenly lose interest in doing waht they were elected to do?

  •  You have to pick your fights (3+ / 0-)
    Recommended by:
    tmo, esquimaux, blueoasis

    Saving a Bush appointee's job: important!

    Americans dying: not so important

    A day after former Obama campaign manager David Plouffe is elevated to a more senior adviser status at the White House and the DNC, Plouffe pens an op ed in the Washington Post in which he seems to suggest that much of President Obama's promise to ban pre-existing conditions is now being jettisoned. Plouffe wrote in the op ed, which was certainly cleared with the White House, if not written by them:

    Parents won't have to worry their children will be denied coverage just because they have a preexisting condition.

    Their children? The original promise - even the bad Senate bill - protects everyone, of any age, from being denied coverage because of pre-existing conditions. Now it's just children?

    And before anyone argues that Plouffe was simply using children as an example - that the legislation could still cover everyone - look at what else happened in the last two days. CBS News reported that the pre-existing conditions promise was now looking unlikely. But even worse, the NYT talked to folks on the Hill and health policy experts, and they were told the compromise package might just protect kids under the age of 19 from being denied for pre-existing conditions. No one else.

    http://www.americablog.com/...

  •  I look to trusted expertise when (1+ / 0-)
    Recommended by:
    DaveW

    I don't know enough to decide for myself things like if Bernacke is a good or terrible choice for Fed Chair. On economic issues Krugman  is one whose views I respect:

    As I see it, the two things that worry me about Bernanke stem from the same cause: to a greater degree than I had hoped, he has been assimilated by the banking Borg. In 2005, respectable central bankers dismissed worries about a housing bubble, ignoring the evidence; in the winter of 2009-2010, respectable central bankers are worried about nonexistent inflation rather than actually existing unemployment. And Bernanke, alas, has become too much of a respectable central banker.

    That said, however, what is the alternative? Calculated Risk says we can do better. But can we, really?

    It’s not that hard to think of people who have the intellectual chops for the job of Fed chair but aren’t fully part of the Borg. But it’s very hard to think of people with those qualities who have any chance of actually being confirmed, or of carrying the FOMC with them even if named as chairman (which is one reason why this suggestion is crazy). Does it make sense to deny Bernanke reappointment simply in order to appoint someone who would follow the same policies?

    •  So Krugman is a defeatist (1+ / 0-)
      Recommended by:
      pkbarbiedoll

      and you decide to listen to his defeatism?

      "Take whatever you can, Steal whatever you can't take, Kill what you can't steal so no one else can have it." - Republican Business Philosophy

      by Pen on Sun Jan 24, 2010 at 10:43:49 AM PST

      [ Parent ]

      •  When I read his comments I thought "realist" (0+ / 0-)

        Unfortunately Obama is attempting to govern in an DC environment that is far from ideal. That said I'd love to see him distance himself from wall street in other significant ways, like getting rid of Summers, Geitner or both. Actually Krugman finishes his comment as undecided on Bernacke, I just think Obama needs to pick his fights and I would put other things ahead of this. But like I started by saying, monetary policy is way over my head.

        •  oh you mean realist as in (1+ / 0-)
          Recommended by:
          SmedleyButlerUSMC

          when we had to give up on Single Payer and go for the public option, (even though everyone against doing so was saying they'd gut the public option and turn it into an insurance industry give away, but  the single payer, by virtue of eliminating the insurance industry was immune to that disaster) because getting single payer wasn't "realistic".

          But somehow getting a public option was?

          That kind of realism?

          Funny, the same people who jumped on that bandwagon were riding on Obama's bandwagon too.

          "Take whatever you can, Steal whatever you can't take, Kill what you can't steal so no one else can have it." - Republican Business Philosophy

          by Pen on Sun Jan 24, 2010 at 11:37:42 AM PST

          [ Parent ]

          •  his realist pragmatic approach on HCR was (0+ / 0-)

            a mistake, which is more clear in hindsight. Now I would would like to see him fight more for the middle and lower classes in other ways on economic policy, such as more stimulous spending in addition to reregulating the banks.

            •  20/20 hindsight to YOU maybe (1+ / 0-)
              Recommended by:
              nokomis

              but not to those of us who took a lot of grief around here trying to point it out ahead of time.

              "Take whatever you can, Steal whatever you can't take, Kill what you can't steal so no one else can have it." - Republican Business Philosophy

              by Pen on Sun Jan 24, 2010 at 12:31:17 PM PST

              [ Parent ]

  •  Yeah, right... (8+ / 0-)

    Obama is the manchurian candidate planted by Bush and Rove. Take your meds or peddle your psychosis at Red State, where you'll fit right in.

    Everybody talkin' 'bout Heaven ain't goin' there -- Mahalia Jackson

    by DaveW on Sun Jan 24, 2010 at 10:29:20 AM PST

  •  Of course (2+ / 0-)
    Recommended by:
    blueoasis, SmedleyButlerUSMC

    Lawmakers would send a bad message to financial markets by "playing politics in any way" with Bernanke's nomination, Gibbs said.

    How horrible, a bad message? Funny how the WH can't say:

    Lawmakers would send a bad message to americans  by "playing politics in any way" with Public Option, Gibbs said.

    Now that would have been something, but i guess good ol' Ben is more important :)

    "Hey Joe, could you check his bearings. Again!"

    by allmost liberal european on Sun Jan 24, 2010 at 10:37:13 AM PST

    •  But, according the the Supreme Court (1+ / 0-)
      Recommended by:
      blueoasis

      it's not a bad message to the public that the financial market plays politics.

      "Take whatever you can, Steal whatever you can't take, Kill what you can't steal so no one else can have it." - Republican Business Philosophy

      by Pen on Sun Jan 24, 2010 at 10:45:00 AM PST

      [ Parent ]

  •  The Bush disaster (0+ / 0-)

    Pen, it was huge. If Obama did not a single thing from this very moment, he at least restored the United States reputation internationally.

    If you really want to know how bad that reputation was at the end of Bush's run check out the world's cartoons.

    Where to go first was the problem, everything needs attention. With Lieberman and Nelson and other self interested drama Queens clutching for the spotlight and not acting in the interest of progress on any issue what you think is easy is not.

    If the American people want America, Inc and corporatism, it is a choice they will make. Every democracy deserves the government it votes for, including the mess we in Canada at the moment.

    If you want others to be happy, practice compassion. If you want to be happy, practice compassion. Dalai Lama

    by ohcanada on Sun Jan 24, 2010 at 10:46:36 AM PST

  •  And what did Bernanke do wrong? (0+ / 0-)

    Aside from not stimulating inflation, that is?

    Iuris praecepta sunt haec: Honeste vivere, alterum non laedere, suum cuique tribuere. - Ulpian, Digestae 1, 3

    by Dauphin on Sun Jan 24, 2010 at 10:49:05 AM PST

    •  I could write a diary (3+ / 0-)
      Recommended by:
      tmo, blueoasis, pkbarbiedoll

      about how Bernanke had his hands in the whole financial disaster, but then, it's already been extensively discussed here and elsewhere.  You could do a simple search on this website to get a complete eyeful.

      "Take whatever you can, Steal whatever you can't take, Kill what you can't steal so no one else can have it." - Republican Business Philosophy

      by Pen on Sun Jan 24, 2010 at 10:52:22 AM PST

      [ Parent ]

  •  Mrrh (0+ / 0-)

    Ben Bernanke is making a good decision in sticking with Bernanke, but it's not the best use of his political capital. In fact, it's a piss-poor one.

    What he needs to do is fight like hell on health care. Enough with this hands-off shit.

  •  watch those terrified republicons run for their (0+ / 0-)

    lives.  NOT!!!

    Never walk into a public restroom while breathing through your mouth.

    by quityurkidding on Sun Jan 24, 2010 at 11:48:53 AM PST

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