• About

Desperado's Outpost

Desperado's Outpost

Category Archives: Politics

Shorter Frank Rich: ‘We’re Screwed’

29 Monday Nov 2010

Posted by Craig in Campaign Financing, Democrats, economy, Obama, Politics, special interests, Wall Street

≈ 1 Comment

Tags

Chamber of Commerce, Citizens United, corporate donations, Frank Rich, fundraising, Jim Webb, op-ed, President Obama, Still the Best Congress Money Can Buy, Supreme Court

This quote by Virginia Senator Jim Webb referenced in Frank Rich’s op-ed yesterday entitled, “Still the Best Congress Money Can Buy” says all we need to know about our broken, corrupt, two-party system:

“Webb has pushed for a onetime windfall profits tax on Wall Street’s record bonuses. He talks about the “unusual circumstances of the bailout,” that the bonuses wouldn’t be there without the bailout.

“I couldn’t even get a vote,” Webb says. “And it wasn’t because of the Republicans. I mean they obviously weren’t going to vote for it. But I got so much froth from Democrats saying that any vote like that was going to screw up fundraising.”

More from Rich:

“Now corporations of all kinds can buy more of Washington than before, thanks to the Supreme Court’s Citizens United decision and to the rise of outside “nonprofit groups” that can legally front for those who prefer to donate anonymously. The money laundering at the base of Tom DeLay’s conviction by a Texas jury last week — his circumventing of the state’s post-Gilded Age law forbidding corporate campaign contributions directly to candidates — is now easily and legally doable at the national level.

[…]

The story of recent corporate political donations — which we may never learn in its entirety — is just beginning to be told. Bloomberg News reported after Election Day that the United States Chamber of Commerce’s anti-Democratic war chest included a mind-boggling $86 million contribution from the insurance lobby to fight the health care bill. The Times has identified other big chamber donors as Prudential Financial, Goldman Sachs and Chevron.”

How do Democrats plan to combat this influx of corporate cash? By playing the same game:

“Since the election, the Obama White House has sent signals that it will make nice to these interests.”

Such as:

“President Barack Obama is preparing new overtures to business that may start with a walk into the headquarters of the U.S. Chamber of Commerce and a retreat with corporate chief executive officers, according to people familiar with his plans.”

And:

“To address corporate criticism, Obama is also contemplating bringing business leaders into his administration. Unlike his two immediate predecessors, Obama hasn’t had a prominent corporate leader in a high-level administration job.”

That was kind of the whole point of “change,” wasn’t it?

What Communication Problem?

29 Monday Nov 2010

Posted by Craig in bailout, economy, Financial Crisis, Obama administration, Politics, Wall Street

≈ 1 Comment

Tags

Charles Ferguson, communication problem, economic message, LA Times, Obama administration, Paul Krugman, Richard Wolffe, Salon, structural problem, White House

I keep reading about the Obama administration’s so-called “communication problem.” The latest being this piece in the LA Times by Richard Wolffe:

“[The] lack of agreement on economic fundamentals is a primary factor behind one of this White House’s most obvious failures: communications. As one senior Obama advisor told me the day after the disastrous midterms: “It was hard to find a single economic message when the economic team couldn’t agree on a single economic policy.”

I don’t get it. To me, the “economic message” has been crystal clear since the president began to name his team of advisors. The message has been and continues to be, save Wall Street by any means necessary. And to that I give a hearty “Mission Accomplished”:

Charles Ferguson, whose documentary about the financial crisis–Inside Job– is a must see, wrote in Salon:

“When Barack Obama was elected, he had an unprecedented opportunity to shape American history by bringing the country’s new financial oligarchy under control. Elected on a platform of change and renewal by a nation in crisis and with strong majorities in both houses of Congress, his election celebrated throughout the world, Obama could have done great things. Instead, he gave us more of the same. America will be paying for his decision for a very long time.

And now, nearly two years later, the Obama administration has established a clear record…It is, in short, overwhelmingly clear that President Obama and his administration decided to side with the oligarchs — or at least not to challenge them.”

Paul Krugman:

“No wonder we’re in such trouble. Obama must gravitate instinctively to people who give him bad economic advice, and who almost surely don’t share the values he was elected to promote. That’s what I’d call a structural problem.”

I’ll take it one fairly obvious (to me anyway) step further, President Obama doesn’t share the values he was elected to promote. (On a related note; if anyone’s looking for a Christmas present for the person who has everything, I’ll make you a good deal on some slightly used snake oil I bought two years ago). He’s the one who put that team in place and who continues to defend them (heckuva job Larry) on their way out the door. I have a difficult time believing that the replacements will be any different. A structural problem indeed.

A Conversation With Thomas Jefferson

22 Monday Nov 2010

Posted by Craig in Afghanistan, Bill of Rights, Financial Crisis, Foreclosures, lobbyists, Politics, special interests, Uncategorized, Wall Street

≈ Leave a comment

Tags

Afghanistan, airports, author, banking institutions, civil liberties, Constitution, corporate interests, Declaration of Independence, despotism, Don't Ask Don't Tell, equal rights, financial system, foreclosuregate, liberty, security, September 11, Thomas Jefferson, trial by jury, tyranny

I recently sat down for an interview (sort of) with our third president and author of the Declaration of Independence, Thomas Jefferson. The questions are mine, the responses all quotes attributed to Jefferson. You could look it up:

Mr. Jefferson, a topic in the headlines lately are the security measures being taken in our airports, the aim of which is, allegedly, our safety. What is your opinion on that?

“I would rather be exposed to the inconveniences attending too much liberty than to those attending too small a degree of it.”

Many Americans are protesting these actions by government officials. Would you support that effort?

“All tyranny needs to gain a foothold is for people of good conscience to remain silent…Timid men prefer the calm of despotism to the tempestuous sea of liberty.”

Some see this as the continuation of policies instituted after September 11 which erode our civil liberties and Constitutional protections. Your thoughts?

“Single acts of tyranny may be ascribed to the accidental opinion of the day; but a series of oppressions, begun at a distinguished period, and pursued unalterably through every change of ministers too plainly proves a deliberate, systematic plan of reducing us to slavery.”

Also, on a related subject, what about the controversy over whether or not to try terrorist suspects in civilian court?

“I consider trial by jury as the only anchor yet devised by man, by which a government can be held to the principles of its constitution.”

Moving on to economic issues, have you been keeping up with what’s been labeled Foreclosuregate?

“If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered.”

What about the influence of the financial system on our political process?

“I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a moneyed aristocracy that has set the Government at defiance. The issuing power should be taken from the banks and restored to the people to whom it properly belongs.”

And the influence, in general, of special and corporate interests?

“Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains.”

What about the ongoing wars in Afghanistan and elsewhere around the world?

“I abhor war and view it as the greatest scourge of mankind…I love peace, and am anxious that we should give the world still another useful lesson, by showing to them other modes of punishing injuries than by war, which is as much a punishment to the punisher as to the sufferer.”

“War is an instrument entirely inefficient toward redressing wrong; and multiplies, instead of indemnifying losses.”

Any thoughts about ending the policy of Don’t Ask, Don’t Tell?

“Bigotry is the disease of ignorance, of morbid minds…Bear in mind this sacred principle, that though the will of the majority is in all cases to prevail, that will to be rightful must be reasonable; that the minority possess their equal rights, which equal law must protect, and to violate would be oppression.”

In closing, Mr. President, any final words of guidance for the American people?

“If a Nation expects to be ignorant and free in a state of civilization, it expects what never was and never will be…. If we are to guard against ignorance and remain free, it is the responsibility of every American to be informed.”

“The two enemies of the people are criminals and government, so let us tie the second down with the chains of the Constitution so the second will not become the legalized version of the first.”

Thank you, sir.

Look in the Mirror, Democrats

02 Tuesday Nov 2010

Posted by Craig in Democrats, Obama, Politics, Republicans

≈ Leave a comment

Tags

advisers, Afghanistan, assassination, Bush, civil liberties, Democrats, drone war, election, enthusiasm gap, health care reform, Larry Summers, Pakistan, President Obama, Robert Rubin, stimulus, Tim Geithner, war or terror, White House

If the election results go as expected tonight and Republicans take control of at least the House, the hand-wringing and ‘what happened?’ from the Democratic side of the aisle will commence shortly thereafter. In the search for someone or something to blame I suggest Democrats, including President Obama, need look no further than the nearest mirror. This blurb from Politico pretty much sums up the problem:

“…even White House advisers quietly admit a far more jobs-focused, targeted stimulus would have been more effective as a policy and political tool.”

Ya think? Do ya freakin’ think so? That epiphany comes about 18 months too late, but I guess better late than never. Maybe if the president had listened to someone outside of his inner circle jerk of “advisers” who were saying that from the get-go he wouldn’t be preparing to deal with a Republican Congress in January.

But that wasn’t the only serious misstep that put Obama and the Democrats in the situation in which they find themselves. It goes back to before Inauguration Day of 2009. Beginning when the candidate who said he wanted to change the way business was done in Washington named a poster child of the way business is done in Washington to be his chief of staff.

Then, faced with an economic crisis not seen in this country since the 1930′ s, he named as his chief economic adviser one of the main culprits in creating the conditions that led to the financial meltdown, Larry Summers. He then nominated as his Treasury Secretary Tim Geithner, a protégé of another architect of the collapse, Robert Rubin. Enjoy your stay at the henhouse, Mr. Fox.

This was the change we could believe in?

When it came to the stimulus package there were a number of economists (outside of that sacred inner circle) who were saying that it needed to be bigger and focused almost entirely on spending to create jobs. They were summarily ignored. An arbitrary figure was arrived at–$1 trillion–which for political purposes the stimulus could not exceed. And in the spirit of bi-partisanship, a good chunk of the package was made to include tax cuts. This was done to supposedly draw Republican support for the stimulus. How did that work out?

Just as an aside here, President Obama later said that he underestimated the size and intensity of the opposition from Republicans in Congress. Was he asleep during the 90’s when Republicans impeached a Democratic president for…well, you know what for. His estimation of the GOP opposition should have been Clinton X 10.

On health care reform, the candidate who ran on a public option and no individual mandate did a sudden 180 and became the president of no public option and an individual mandate. The candidate who promised lower prescription drug prices by way of drug importation from Canada and elsewhere cut a backroom deal with Pharma to insure their monopoly.

Also on health care reform, if the president and Democrats would ask those who supported them in ‘08 (instead of calling them whiners and telling them to buck up) they might find out that just as many, if not more, will tell them too little was done in the way of “reform,” not too much.

The candidate who railed against the Bush “war on terror” constitutional and civil liberties abuses not only continued those policies but now seeks to increase them by expanding the government’s wiretap powers and targeting American citizens who are suspected of terrorist ties for assassination. Not to mention tripling down on the number of troops in Afghanistan,  and expanding the drone war and covert operations into Pakistan, Yemen, and only God and the CIA knows where else.

And they wonder why there’s an enthusiasm gap?

Democrats in Congress don’t escape blame either. In two consecutive elections, 2006 and 2008, they were given overwhelming majorities in both Houses of Congress, including a filibuster-proof number in the Senate, plus the White House. Memo to Democrats: American voters didn’t  give you those majorities because of your sparkling personalities, they wanted things done.

Just for future reference, if and when you get that kind of power again—use it. Don’t squander it bickering amongst yourselves. Take a page from the Republican playbook and enforce some party discipline. By whatever means necessary. It would help to have a Senate Majority Leader with something resembling a spine. You had the Republican Party down for the count, but you let them up and look at what is about to happen.

Robert Scheer: An Obit For Our Hopes

01 Monday Nov 2010

Posted by Craig in Politics

≈ Leave a comment

Vodpod videos no longer available.

Robert Scheer: An Obit For Our Hopes, posted with vodpod

Dems Get $32 Million Line of Credit from Bank of America

28 Thursday Oct 2010

Posted by Craig in Bank of America, Congress, Democrats, Foreclosures, Obama administration, Politics, Wall Street

≈ Leave a comment

Tags

$15 million, $17 million, Bank of America, Democratic Congressional Campaign Committee, Democratic National Committee, foreclosure, line of credit, moratorium, Obama administration

I’m sure the Obama administration’s opposition to a national foreclosure moratorium and its willingness to look forward and give the big banks, Bank of America for instance, a do-over on fraudulent court documents has absolutely nothing to do with this:

“Shortly after Labor Day, as polls continued to sink, the Democratic National Committee (DNC) realized it needed a cash infusion for the upcoming midterm elections. Its chairman, former Virginia Governor Tim Kaine, turned to the Bank of America to secure a $15 million revolving credit line. Then, in the middle of this month, the Democratic Congressional Campaign Committee (DCCC) got another loan from BofA for an additional $17 million.”

Nothing to see here. Move along.

“A Factory of Fraud”

09 Saturday Oct 2010

Posted by Craig in Congress, economy, Financial Crisis, Politics, special interests, too big to fail, Wall Street

≈ Leave a comment

Tags

Alan Grayson, foreclosuregate, fraud

Congressman Alan Grayson explaining what is becoming known as Foreclosuregate. And if you think it just affects people who aren’t making their mortgage payments, think again. It concerns everyone:

“We are approaching a point where the easiest way to make a buck is to steal it.”

No, we’re already there. We have been and we will be until the perpetrators, and those who aid and abet this “factory of fraud,” (including our elected representatives) are behind bars.

Axelrod in Wonderland

24 Friday Sep 2010

Posted by Craig in financial reform, health care, Obama administration, Politics, special interests, too big to fail, Wall Street

≈ Leave a comment

Tags

big banks, David Axelrod, financial reform, health care reform, military-industrial complex, oligarchy, too big to fail, Washington Post

David Axelrod in yesterday’s Washington Post:

“Pundits will spend a lot of time predicting who will win in November. But more is at stake than the fate of Democrats or Republicans. What’s at stake is whether the powerful corporate special interests will go back to writing our laws or whether our democracy will remain where it belongs — in the hands of the American people.”

What color is the sky in the land where unicorns run free, Dave? “Go back?” They never left. Former insurance company lobbyists and executives wrote the lion’s share of health care “reform.” Your boss cut a backroom deal with the pharmaceutical industry to ensure their monopoly remained intact. Did the big banks get broken up by so-called financial reform? Hell no. Is too big to fail still around? Hell yes. Does the military-industrial complex still get the same blank check that they’ve always had? Absolutely.

FYI, Mr. Axelrod, we no longer have a democracy in America. The correct term is oligarchy.

The Party of “No” or The Party of No Backbone

24 Friday Sep 2010

Posted by Craig in Congress, Democrats, economy, Politics

≈ Leave a comment

Tags

Democrats, Harry Reid, lame-duck session, mid-terms, November, Republicans, Senate, taxes

Gutless. Spineless. Cowards.

“Senate Democrats said Thursday that they had abandoned plans for a pre-election showdown with Republicans over taxes, postponing any vote on extending Bush administration tax cuts until after the November midterms.

Democrats discussed the issue during a caucus luncheon but left the final decision to Senate Majority Leader Harry Reid (D-Nev.)”

That was your first mistake, leaving it up to Sir Robin Harry Reid.

“Late Thursday, Reid spokesman Jim Manley said, “We will come back in November and stay in session as long as it takes to get this done.”

Bullshit. If the Republicans take control of Congress, and how can they not with opposition like this, does anybody with half a brain (which excludes Reid) think they’ll be in the mood to make a deal after the election. Here’s what will happen:

“…the GOP is going to shout and scream and throw feces and demand what it will deem one of two acceptable options:  a permanent extension of all cuts or a one- or two-year extension.  And one of these will pass.  And if it’s the temporary extension, the renewal will come up before the very Congress these midterms are going to elect, meaning it will be an even more Republican Congress than the one in the lame-duck session.  So the tax cuts for the rich will be made permanent then.”

Meanwhile, back in D.C.:

“The Senate left for the weekend Thursday afternoon and will not return until early next week, when Reid has scheduled a vote on a bill to prevent firms from sending jobs overseas and reward those that bring jobs back to the United States. Congressional leaders are aiming to get lawmakers out on the campaign trail by the end of next week.”

No, don’t go back at all. Slither your worthless invertebrate asses home and stay there. Don’t even come back for the lame-duck session. Get ready for your post-Senatorial careers. At least we can save on the cost of utilities by keeping the Capitol building dark, you useless wastes of space.

The party of no or the party of no backbone. One hell of a choice.

Insurance Industry’s Pre-Emptive Strike on Health Care “Reform”

22 Wednesday Sep 2010

Posted by Craig in health care, Obama administration, Politics

≈ 1 Comment

Tags

child-only plans, government takeover, health care system, insurance companies, naive, Obama administration, public option

Sure is a good thing we avoided the public option “government takeover” of the health care system and mandated coverage by private companies. Nobody could have ever seen this coming:

“Some of the country’s most prominent health insurance companies have decided to stop offering new child-only plans, rather than comply with rules in the new health-care law that will require such plans to start accepting children with preexisting medical conditions after Sept. 23.

The companies will continue to cover children who already have child-only policies. They will also accept children with preexisting conditions in new family policies.

Nonetheless, supporters of the new health-care law complain that the change amounts to an end run around one of the most prized consumer protections.

“We’re just days away from a new era when insurance companies must stop denying coverage to kids just because they are sick, and now some of the biggest changed their minds,” Ethan Rome, executive director of Health Care for America Now, an advocacy group, said in a statement. “[It] is immoral, and to blame their appalling behavior on the new law is patently dishonest.”

[…]

But officials of the Obama administration said the move contradicted a letter from the leader of one of the insurance industry’s most important trade groups after the law’s adoption in March. Karen Ignagni, president of America’s Health Insurance Plans, expressed support for the law’s provisions concerning children with preexisting conditions and promised to “fully comply” with them.

“We expect [insurance companies] to honor that commitment. Insurers shouldn’t break their promise and turn their backs on some of our most vulnerable Americans,” said Jessica Santillo, a spokeswoman for the Department of Health and Human Services.

Naive much?

← Older posts
Newer posts →

Recent Posts

  • Turn Out the Lights, the Revolution’s Over
  • Climbing Aboard the Hillary Train
  • You Say You Want a Revolution…
  • Proud to be a War Criminal
  • Drug Testing Welfare Applicants Struck Down in Florida

Archives

  • March 2016
  • February 2016
  • January 2016
  • April 2014
  • January 2014
  • April 2012
  • March 2012
  • February 2012
  • August 2011
  • July 2011
  • June 2011
  • January 2011
  • December 2010
  • November 2010
  • October 2010
  • September 2010
  • July 2010
  • June 2010
  • May 2010
  • April 2010
  • March 2010
  • February 2010
  • January 2010
  • December 2009
  • July 2009
  • June 2009
  • May 2009
  • April 2009
  • March 2009
  • January 2009
  • December 2008
  • November 2008
  • October 2008
  • September 2008
  • August 2008

Blogroll

  • Bankster USA
  • Down With Tyranny
  • Firedoglake
  • Memeorandum
  • naked capitalism
  • Newshoggers
  • Obsidian Wings
  • Taylor Marsh
  • The Market Ticker
  • Tom Dispatch
  • Zero Hedge

Categories

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 7 other subscribers
  • RSS - Posts
  • RSS - Comments

Blog at WordPress.com.

Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie Policy
  • Subscribe Subscribed
    • Desperado's Outpost
    • Already have a WordPress.com account? Log in now.
    • Desperado's Outpost
    • Subscribe Subscribed
    • Sign up
    • Log in
    • Report this content
    • View site in Reader
    • Manage subscriptions
    • Collapse this bar