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99th_Monkey

(19,326 posts)
Wed Oct 21, 2015, 11:37 AM Oct 2015

WTF is going on here? --> "Obama Officials Resurrect George W. Bush Deregulation Plan"


Obama Officials Resurrect George W. Bush Deregulation Plan
A subtle change could have major consequences.
by Zach Carter * HuffPo * 10/21/15

WASHINGTON -- The Securities and Exchange Commission has quietly resurrected a deregulation project from the George W. Bush administration, one with the potential to shift the American economic landscape in favor of big companies.

The initiative was originally launched in 2008 by then-SEC Director of Corporate Finance John White, but had to be abandoned as the festering financial crisis embarrassed deregulation proponents. It is now being spearheaded by White's wife, SEC Chair Mary Jo White, who has been the target of heated criticism from Sen. Elizabeth Warren (D-Mass.) and liberal groups for backing Wall Street-friendly policies.

"This is bullshit," said former SEC Chief Accountant Lynn E. Turner, referring to the agency's latest moves. "This is just absolute bullshit. It reeks."

The deregulation agenda makes subtle changes to obscure rules with potentially dramatic ramifications. By tweaking a few definitions, the SEC could curtail how much information the public receives about the internal operations of corporate conglomerates and their tax-avoidance efforts, while simultaneously shielding big firms from shareholder lawsuits.

The recent push has infuriated investor advocates. Last week, members of the agency's Investor Advisory Committee grilled SEC Chief Accountant James Schnurr over potential changes to what constitutes a "material" corporate event that must be disclosed in public filings. Schnurr has authority over the Financial Accounting Standards Board, which proposed the changes in late September. A day after the plan was released, the SEC announced it would also be rethinking disclosures on corporate mergers, alerting financial watchdogs to the prospect of significantly curtailed information on major deals.

"The feeling of this body is that more disclosure is better than less, in general," Investor Advisory Committee member Damon Silvers said at the meeting. "The clear drift of this is in the other direction." Silvers is a top attorney for the AFL-CIO, the nation's largest federation of labor unions.

http://www.huffingtonpost.com/entry/obama-bush-deregulation_5626b26de4b08589ef49896a
132 replies = new reply since forum marked as read
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WTF is going on here? --> "Obama Officials Resurrect George W. Bush Deregulation Plan" (Original Post) 99th_Monkey Oct 2015 OP
This is what we have to look forward to, because we elected a corporate president, and djean111 Oct 2015 #1
Sanders/Warren 2016 99th_Monkey Oct 2015 #3
+10000000000 mmonk Oct 2015 #38
+10000000000000000000000000000000000000000000000000000000 lonestarnot Oct 2015 #121
Indeed! Sanders/Warren 2016. It's time to put an end to the charade! think Oct 2015 #70
You have a really good point INdemo Oct 2015 #72
If Obama is going to try and let this SEC deregulation slide I hope she does. This is ridiculous. think Oct 2015 #73
That's the ticket! Elmer S. E. Dump Oct 2015 #79
She just needs to campaign for him dreamnightwind Oct 2015 #112
That would be awesome too. My second choice, but still awesome 99th_Monkey Oct 2015 #115
She may be hedging her bets dreamnightwind Oct 2015 #131
That combo would be positively orgasmic! nt tblue Oct 2015 #116
Absolutely MuseRider Oct 2015 #13
Obama is self proclaimed new Democrat aka blue dog lite. JRLeft Oct 2015 #14
Trojan horse president lark Oct 2015 #47
Yep and we don't dare say shit about it. zeemike Oct 2015 #53
+ one grand! nt Plucketeer Oct 2015 #62
Not from me I'm black. JRLeft Oct 2015 #84
Yep, as the old Seventies saying went, hifiguy Oct 2015 #90
You bet he will MsLeopard Oct 2015 #97
yep. A proud Reagan Democrat. I am so pissed I ever voted for him. I will never vote liberal_at_heart Oct 2015 #54
Anyone really surprised at this point? Scuba Oct 2015 #2
Some argued yesterday that the status-quo is just fine. Dawgs Oct 2015 #4
Noticeably absent... Blus4u Oct 2015 #28
But, I thought now was when no-fuks-left Obama was going to "show his true LIBERAL colors???? 99th_Monkey Oct 2015 #6
I thought the same. dorkzilla Oct 2015 #17
Give Obama a break demwing Oct 2015 #26
He'll never find those shoes. Neither 840high Oct 2015 #35
He IS showing his true colors and has been all along. hifiguy Oct 2015 #81
He had Robert Rubin on his transition team. JRLeft Oct 2015 #86
As Stan Lee used to say in Marvel Comics hifiguy Oct 2015 #88
^ This JRLeft Oct 2015 #89
He told us all in 2012 nationalize the fed Oct 2015 #91
As Jerry Seinfeld once put it in the context of baseball, hifiguy Oct 2015 #93
I am a little surprised. Cassiopeia Oct 2015 #8
fuck no Skittles Oct 2015 #85
K & R !!! WillyT Oct 2015 #5
Message auto-removed Name removed Oct 2015 #7
This is what we will get from Clinton or Biden too. JRLeft Oct 2015 #15
This is what makes Bernie so important! Dustlawyer Oct 2015 #25
+ $2 billion! dreamnightwind Oct 2015 #113
JRLeft, What You Say IMO Is The ABSOLUTE TRUTH!!! ChiciB1 Oct 2015 #29
John Mitchell was thr REAL Prophet. Fuddnik Oct 2015 #48
Well, I MISSED That One! WOW! ChiciB1 Oct 2015 #55
More like a golden and brown shower. JRLeft Oct 2015 #87
Which is why I cannot live with myself hifiguy Oct 2015 #82
Robert Rubin Was WITH The Clintons Too! ChiciB1 Oct 2015 #98
I think it's now or never for many of us. It's amazing how many of us SammyWinstonJack Oct 2015 #117
Unfortunately As Democrats We've Gone Along With The SAME ChiciB1 Oct 2015 #129
Thom Hartmann used to say that Obama was our nation's Rorschach test d_legendary1 Oct 2015 #42
Ha, Not. lark Oct 2015 #50
NAFTA and increasing the prison population are also among Clinton's accomplishments noiretextatique Oct 2015 #56
Insurance companies are wanting to go up 20-30% on premiums; where is the savings Obama promised? DhhD Oct 2015 #120
Can't disagree with any of your points, especially the last one. lark Oct 2015 #127
mary jo white is awful nt geek tragedy Oct 2015 #9
As they would say in Norway: Downwinder Oct 2015 #10
LOL dreamnightwind Oct 2015 #114
Thanks mtasselin Oct 2015 #11
I can't believe I voted for him twice. AlbertCat Oct 2015 #18
More stacking of the deck by the oligarchs. lpbk2713 Oct 2015 #12
"...while simultaneously shielding big firms from shareholder lawsuits." tecelote Oct 2015 #20
That is always a part of the plan. Not that it's mentioned in polite company. hifiguy Oct 2015 #95
Dear Senator Warren : RELEASE THE HOUNDS. bullwinkle428 Oct 2015 #16
Barack 'Corporate Giveaway' Obama strikes again!!! /nt dirtydickcheney Oct 2015 #19
He fooled me. I WON'T get fooled again. NO MORE CORPORATE WHORES! AzDar Oct 2015 #21
+1 ccinamon Oct 2015 #101
Definitely 3D chess. And he's kicking the shit out of average americans. GoneFishin Oct 2015 #22
You know what? Populist_Prole Oct 2015 #31
LOL, you know the reason.... pocoloco Oct 2015 #37
Rope a dope with those who still think he's playing eleventy SammyWinstonJack Oct 2015 #51
Obama IS "Playing Chess", and doing it well. bvar22 Oct 2015 #58
His masters will get what they paid for YabaDabaNoDinoNo Oct 2015 #23
Well, this is not a good move. n/t ms liberty Oct 2015 #24
Another reason to vote for Bernie. kacekwl Oct 2015 #27
Bernie, because fuck this shit! 99th_Monkey Oct 2015 #40
When we elect Hillary, it will start Reagans 10th consecutive term! Fuddnik Oct 2015 #43
Not "when" please. I hope you meant "IF.." -nt- 99th_Monkey Oct 2015 #46
If. Fuddnik Oct 2015 #49
sigh marym625 Oct 2015 #30
When Obama gets behind this, I start to get really worried. EndElectoral Oct 2015 #32
She told us what she was going to do in the debates d_legendary1 Oct 2015 #45
And if they don't, like the policeman in the Python sketch, hifiguy Oct 2015 #83
it won't, and she won't, because if she ever did that.. Javaman Oct 2015 #123
Bush collapsed the economy AgingAmerican Oct 2015 #33
Crickets from Obama/Hillary supporters AgingAmerican Oct 2015 #34
i am waiting for someone to try and put lipstick on this pig noiretextatique Oct 2015 #57
Gotta draft those memos and frame those talking points. pa28 Oct 2015 #59
But, but, but hifiguy Oct 2015 #92
Sounds like he's thanking his big donors. We can expect the same from Clinton. arcane1 Oct 2015 #36
WTF is going on here? Jack Rabbit Oct 2015 #39
or she. 99th_Monkey Oct 2015 #41
Good point Jack Rabbit Oct 2015 #44
This message was self-deleted by its author Ed Suspicious Oct 2015 #104
The chief architect: ryan_cats Oct 2015 #52
William K. Black will not be amused. Octafish Oct 2015 #60
Go Bernie! Because fuck this shit. GoneFishin Oct 2015 #61
Doesn't surprise me in the least. Enthusiast Oct 2015 #63
Bill Clinton waited until near the end of his run to push this sort of crap too n2doc Oct 2015 #64
Actually Bill & Hillary already ARE in the 1%, even higher than that. 99th_Monkey Oct 2015 #66
I don't think they were at the time Bill was in the WH n2doc Oct 2015 #68
Good response... Thespian2 Oct 2015 #71
Yep. Sadly it's all too obvious what's going on. /nt think Oct 2015 #74
And the cocktail parties. ronnie624 Oct 2015 #105
WTF is right Omaha Steve Oct 2015 #65
Government agencies are captured on behalf of the corporations they are supposed to be regulating. pa28 Oct 2015 #67
This is why America needs Bernie Sanders as our president! Sanders/Warren 2016! think Oct 2015 #69
tiger beat told us we'd see the real Obama these last two years Doctor_J Oct 2015 #75
They got their blinders on. They can't even see this thread. nt/ think Oct 2015 #78
tiger beat....lol SammyWinstonJack Oct 2015 #118
simply put its us against them olddots Oct 2015 #76
Me too. hifiguy Oct 2015 #96
"You'll take your bowl of shit and you'll like it!". nt Guy Whitey Corngood Oct 2015 #77
If anyone is surprised, even in the slightest, by this. hifiguy Oct 2015 #80
Yes the silence is deafening fasttense Oct 2015 #100
Building his legacy. CharlotteVale Oct 2015 #94
Message auto-removed Name removed Oct 2015 #99
it's called TRUE COLORS SHINING THROUGH Skittles Oct 2015 #102
If you like this shit, you'll LOVE Hillary's crap! Arugula Latte Oct 2015 #103
A BIG second to this. hifiguy Oct 2015 #106
I'll third that. -nt- 99th_Monkey Oct 2015 #108
just another bitch-slap from the president AnAzulTexas Oct 2015 #107
It's time to stock up on peas again, people Oilwellian Oct 2015 #109
Sanders, Warren, Sanders, Warren. Victory for the people in 2016. n/t truedelphi Oct 2015 #110
That is a ticket that would be utterly unstoppable, to the horror of the DNC & the Oligarchs. -nt- 99th_Monkey Oct 2015 #111
I'm Not Sure Why Warren Hasn't Been More Vocal About Bernie... ChiciB1 Oct 2015 #130
Corporatism. Is there no corporatist policy the democrats do not love? leftupnorth Oct 2015 #119
He's just gettin' Ready For Hillary azurnoir Oct 2015 #122
What shareholders pay for, they usually get. nt raouldukelives Oct 2015 #124
Obama gives us bread and circuses and the republicons don't even want us to get that "free stuff" corkhead Oct 2015 #125
The proud Capitalists, at it again! SoapBox Oct 2015 #126
This message was self-deleted by its author 1000words Oct 2015 #128
I am gonna kick this twice a day hifiguy Oct 2015 #132
 

djean111

(14,255 posts)
1. This is what we have to look forward to, because we elected a corporate president, and
Wed Oct 21, 2015, 11:48 AM
Oct 2015

evidently are supposed to vote for another corporate candidate.
Hopefully Elizabeth Warren can at least bring this to everyone's attention.

 

99th_Monkey

(19,326 posts)
3. Sanders/Warren 2016
Wed Oct 21, 2015, 11:56 AM
Oct 2015

I think she might be better able to get her message out as a VP nonimee alongside
Bernie. .. and not just her message, but have more clout to put a stop to this shit
on Wall. St. as VP

I know she's a force in the Senate too. But she took office in 2013, so really wouldn't
need to let go of her Senate seat to run as Bernie's VP. I think her and Bernie would
make such an awesome team, and she's so focused on the Wall St. corruption and
knowledgable about it, and conversant with the public .. why couldn't that be her
primary role as VP?

I think they'd be an unbeatable ticket against ANY of the goons in GOP primary.

INdemo

(6,994 posts)
72. You have a really good point
Wed Oct 21, 2015, 07:17 PM
Oct 2015

If for now Warren would endorse Bernie it would send his numbers out of sight in the plus column.

And one other thing is the fact that since Hillary is a corporate Wall St sponsored candidate with her in the White House it would be Obama handing her the keys from one corporatist to another.

 

think

(11,641 posts)
73. If Obama is going to try and let this SEC deregulation slide I hope she does. This is ridiculous.
Wed Oct 21, 2015, 07:30 PM
Oct 2015

It's disgusting that he appears to be selling out now that his time is almost done....

dreamnightwind

(4,775 posts)
112. She just needs to campaign for him
Thu Oct 22, 2015, 03:07 AM
Oct 2015

She could stay in the Senate, but if she came out for Bernie in a vocal and forceful way, making appearances wth him at talks and ralllies, and going on the MSM proprams to catapult him, it would have an enormous impact. It would also help her prepare for a national campaign of her own, perhaps in 2020.

But I agree, Warren is a huge wildcard, and I'm a little surprisedd she hasn't already joined the effort.

 

99th_Monkey

(19,326 posts)
115. That would be awesome too. My second choice, but still awesome
Thu Oct 22, 2015, 03:21 AM
Oct 2015

it would at least go a long ways toward dispelling the canard that "none of Sander's Congressional colleagues support him."

dreamnightwind

(4,775 posts)
131. She may be hedging her bets
Thu Oct 22, 2015, 03:56 PM
Oct 2015

watching to see if Bernie has a real chance, not wanting to be out of favor with a possible Clinton administration. I suspect there's a lot of that kind of thinking among Democratic Senators and congress critters. If Bernie gets much closer nationally we might see a Bernami sweep right over the Clintons as people will no longer be afraid to support him.

Love your tag line, by the way.

lark

(23,099 posts)
47. Trojan horse president
Wed Oct 21, 2015, 02:10 PM
Oct 2015

with Reagan as his idol. Is anyone surprised after TPP that he's still promoting the interests of big business over those of the workers? Really? Now that it's near the end of his term, he is free to show his true interests, and it's not pro worker or pro middle class.

zeemike

(18,998 posts)
53. Yep and we don't dare say shit about it.
Wed Oct 21, 2015, 02:49 PM
Oct 2015

Because the charge of racism will be their to greet us.
What better way to get us to accept Conservative plans then to get a black man to do it...and next it will be a woman and we will accept that shit too because we don't want to be charged with misogyny.

They know how to play us..and we fall for it every time.

 

hifiguy

(33,688 posts)
90. Yep, as the old Seventies saying went,
Wed Oct 21, 2015, 08:25 PM
Oct 2015

only Nixon could go to China.

And only a Democrat, especially a black Democrat, could finalize the handover of the country to the feudal oligarchs and plutocrats. He will be rewarded even more handsomely than Clinton was.

MsLeopard

(1,265 posts)
97. You bet he will
Wed Oct 21, 2015, 08:49 PM
Oct 2015

be well rewarded. He's been cementing that position for his after-presidency for a while now.

liberal_at_heart

(12,081 posts)
54. yep. A proud Reagan Democrat. I am so pissed I ever voted for him. I will never vote
Wed Oct 21, 2015, 02:51 PM
Oct 2015

for another Reagan Democrat and that included Hillary.

Blus4u

(608 posts)
28. Noticeably absent...
Wed Oct 21, 2015, 01:12 PM
Oct 2015

...the Hillarians!


The revolving door between government and business needs to be dismantled.
Pentagon - defense contractors
SEC -wall street
FDA - big pharma

and all of the rest.


Peace

 

99th_Monkey

(19,326 posts)
6. But, I thought now was when no-fuks-left Obama was going to "show his true LIBERAL colors????
Wed Oct 21, 2015, 12:00 PM
Oct 2015

silly me.

dorkzilla

(5,141 posts)
17. I thought the same.
Wed Oct 21, 2015, 12:14 PM
Oct 2015

But some of us are idealists...and hope springs eternal.

I’m FUCKING ANGRY now.

 

hifiguy

(33,688 posts)
81. He IS showing his true colors and has been all along.
Wed Oct 21, 2015, 08:10 PM
Oct 2015

First - he appointed Geithner and HRH before he was even inaugurated

Second - he made sure he appointed an AG who would and did cover for the banksters in every way possible

Third - he let Big Pharma and Big Insurance dictate the terms of the ACA in large part.

Fourth -- TPP/TTIP, need I say more

Fifth - soldiers staying in Afghanistan/drone war assuming unprecedented and very secret proportions. War Then, War Now, War Forever.

Sicth - THIS pile of bankster-enabling horseshit.

We were screwed, blued and tattooed by this man.

 

hifiguy

(33,688 posts)
88. As Stan Lee used to say in Marvel Comics
Wed Oct 21, 2015, 08:23 PM
Oct 2015

Nuff said. Rubin is as unethical and unscrupulous a greedhead as has ever walked the earth.

A Trojan Horse if ever one there was, this man Obama. And we all fell for it.

Never again.

nationalize the fed

(2,169 posts)
91. He told us all in 2012
Wed Oct 21, 2015, 08:28 PM
Oct 2015


Sad to watch as he's turned a lot of "Democrats" into R Light.

No problem with mandated purchases of corporate insurance- even though he ran against that, and promised a public insurance option. No real opposition to drones, no opposition to bailing out big banks on the backs of the middle class. It's all R light now. And people would vote for this con artist again.
 

hifiguy

(33,688 posts)
93. As Jerry Seinfeld once put it in the context of baseball,
Wed Oct 21, 2015, 08:32 PM
Oct 2015

some people root for the laundry and nothing more.

I would not vote for him for dog-catcher in a two-dog town at this point. And I will NEVER, EVER vote for another Repig-lite corporate Dem again as long as I live. And that means you, HRH.

Response to 99th_Monkey (Original post)

Dustlawyer

(10,495 posts)
25. This is what makes Bernie so important!
Wed Oct 21, 2015, 12:57 PM
Oct 2015

This type of corporate protection is clear evidence of the control they have over our politicians through the corrupting practice of campaign donations/Super Pacs, and the Revolving Door.

This is why we have to have a political revolution and fight for Publicly Funded Elections! We will either live under corporate control and lose all of our rights and freedoms, or we rise up while we still can to oppose their bought off politicians, judges, and media!

I don't understand the defeatist among us who flock to Hillary thinking she has OUR BACKS! They give him no chance and don't seem to see the problem. The Tea Party is not the only group that falls for the corporate propaganda. Our country has been taken over while we were asleep at the wheel. This has been a gradual, patient attack, slowly eroding the regulatory agencies, brain washing the populous to demonize trial lawyers who protect against corporate excesses and government itself. They even demonized our social safetynet while entangling us in wars for profit.

We MUST get Bernie elected!!!

ChiciB1

(15,435 posts)
29. JRLeft, What You Say IMO Is The ABSOLUTE TRUTH!!!
Wed Oct 21, 2015, 01:18 PM
Oct 2015

We seriously, seriously NEED a candidate who will STOP these DLC/Third Way Democrats who have let themselves be bought by Wall Streeters and billionaires who have looked the other way and forgotten about "we the people!"

We MUST follow the example of what Canada has just in an effort to STOP this practice of Austerity that has almost ruined a once great country!! It's my belief that so much of this started back in 1980 with the presence of Ronnie Rayguns who said at the time "I didn't leave the Democratic Party, the Democratic Party left me!" I thought it was bull shit back then and we now have PROOF that his trickle down" theory never happened. I didn't even get trickled on, I got PISSED on, if not actually hosed on by the shower of cold water thrown in my face!

Ronnie Rayguns, THEIR GOD may not have actually been able to see the future to see what his statement began, but then his DE-REGULATION policy most certainly has been extremely detrimental to the mess we find ourselves in today. I suppose some things may have needed deregulation, I can't think of anything right now. But I've always felt that if a governmental program wasn't working as it should, then people should have been hired to find and make changes to fix the mess. Seems to me that would have cost less in the long run as opposed to letting recipients suffer because of the bad apples!

Right after Obama was elected and said we should look forward as opposed to holding people accountable for what was in FACT out right treason I was shocked. Has he gotten some good things done, he has but I began to see he was more willing to play a compromise game with the other side who clearly stated they wanted him gone. Is it really possible he NEVER heard of the meeting the head honchos had on the day of his inauguration? Is it possible he didn't take it seriously and felt it would never work? I doubt we'll never know, but I felt his intelligence should have made him to at least "be careful" and he didn't do it.

THAT HURT me as a Democrat. But his closeness to Jamie Dimon and the likes of Robert Rubin may not have been known at the time. Ok, getting long here and too much for others to take time to read. Just a few things I wanted to add.

Fuddnik

(8,846 posts)
48. John Mitchell was thr REAL Prophet.
Wed Oct 21, 2015, 02:10 PM
Oct 2015

Nixswine's former AG, said, as they led him off to prison,

"This country is going to move so far to the right, you won't recognize it".

He was dead on.

 

hifiguy

(33,688 posts)
82. Which is why I cannot live with myself
Wed Oct 21, 2015, 08:12 PM
Oct 2015

if I vote for any of them. I refuse to continue enabling the destruction of this country by voting for ANY corporatist no matter WHAT laundry they are wearing.

ChiciB1

(15,435 posts)
98. Robert Rubin Was WITH The Clintons Too!
Wed Oct 21, 2015, 10:02 PM
Oct 2015

I think it was back then that I scented a very different Clinton. Always knew he was more moderate but DID have the feeling he would be good for the country. Not so much now. Is he the spark that lights up Democrats everywhere he go, yes! He's considered a very successful POTUS, but by no means anything OTHER than what I kind of think is the "father of the DLC" and it's been hard to accept. Bill Clinton is Mr. Charisma to most Democrats, and he can unite the Party more than any President I've known. Even MORE than Obama as much as he can relate and engage people with his speeches and his one liners. BUT he ISN'T who so many thought he was or would be.

My first choice for President back in 2008 was neither Obama OR Clinton, because even though I got out and did work hard to elect him I always felt he was very moderate. A long time ago he elevated a man named Rahm Emmanuel as part of his cabinet, and it was then I began to groan. Rahm Emmanuel is a man that I have never respected in any way and never trusted either. I could get more graphic about my feelings but won't. I simply could NOT understand Obama's decision regarding him. But many didn't know of Obama's connection with Robert Rubin and Jamie Dimon and when it was bail out time my heart sank. America WE GOT SCREWED ROYALLY in every which way. The relationship still exists.

So NOW this Democratic Party is going about the business of ELEVATING ANOTHER candidate and selling to this Democratic Party another candidate who has been cut from the same cloth! AND they're doing it in the most blatant way too. WE have proof of the history behind each one of them and what has happened, and YET the Party can almost stamp SOLD across Hillary's breast. They ARE NOT working for us!! If we can just open our eyes and look in the mirror it's ALL there to be seen but somehow it's "here we go again" and we're supposed to do what most of us have always done. We buy the product.

THIS time it's as clear as the nose on our face that we have a choice with Bernie. He has roused a sleeping electorate and yet our very own Democratic Party is working overtime to make sure we CAN'T buy this other product.

I've been a Democrat all my life, but I really can't say I will stay one after this election! I'm so very SERIOUSLY FED UP and I do let my fellow Democrats know how I feel.

For me it's now or NEVER!

SammyWinstonJack

(44,130 posts)
117. I think it's now or never for many of us. It's amazing how many of us
Thu Oct 22, 2015, 07:28 AM
Oct 2015

parrot the Bernie can't win so we better vote for Hillary crap. I'm sick of hearing that.

ChiciB1

(15,435 posts)
129. Unfortunately As Democrats We've Gone Along With The SAME
Thu Oct 22, 2015, 02:39 PM
Oct 2015

mantra for so many elections. It's brings to mind that saying of "doing the same thing over & over and expecting different results!"

I've gotten many mail requests from my state Democratic Party and National Democratic asking for donations and to renew my membership. I have not responded to any of them. BUT, last week I finally got a request by mail asking me WHY I haven't renewed and what they can do to solve this problem. This is one piece of mail I will ANSWER, but since there's not much space to explain I'll just type up a letter with a few of my reasons. Won't make it long but only hit high points. My penmanship is a little script like and takes up more space, so I decided to paste my reply this way.

I HAVE donated to Bernie 4 times already and am not buying the statements of how they need money to donate to candidates who need help. I believe they do have ACCESS to millions that we don't know about and I now believe they will only give money to those candidates THEY want to get elected. Which may not be candidates that "we the people" want. Debbie Wasserman-Schultz seems to be much more like a Repuke than even a DINO! I live in FL and there have been multiple stories written about her so it's IMPOSSIBLE for me to find her credible in any way. She has always been close to the Balart brothers and Ross-Leyton (sp) from her area and other people that are like minded.

I'm not happy having to admit this stuff, but I believe she was hand picked for DNC leader by TPTB in DNC. And one of the biggest slaps in the face is the Howard Dean & Barnie Frank support for Hillary that get so much exposure! But what further bothers me is that almost ALL the members in Congress seem to have gotten some sort of message that Bernie should be stopped at all costs! There are a few who've gone rogue (Palin???) but very few. This IS NOT Democracy, it's a cabal!

So it does seem we are now living under an Oligarchic system of government. JMHO!

d_legendary1

(2,586 posts)
42. Thom Hartmann used to say that Obama was our nation's Rorschach test
Wed Oct 21, 2015, 01:59 PM
Oct 2015

Republicans put their biggest fears while liberals put their greatest hopes into him.


And both were wrong.

lark

(23,099 posts)
50. Ha, Not.
Wed Oct 21, 2015, 02:15 PM
Oct 2015

Clinton had higher taxes on the rich than Obama does. He passed fmla into law which did nothing for big corps but did really help a lot of people retain their jobs. Obama passed a health care law which helped low income people only in Blue states, but not in red states. Of course, it was more of a boon to big insurance than it was to lower income folks. Clinton didn't perpetuate wars while Obama now plans on keeping 10,000 troops in Afghanistan.

noiretextatique

(27,275 posts)
56. NAFTA and increasing the prison population are also among Clinton's accomplishments
Wed Oct 21, 2015, 04:08 PM
Oct 2015

but he's since apologized

DhhD

(4,695 posts)
120. Insurance companies are wanting to go up 20-30% on premiums; where is the savings Obama promised?
Thu Oct 22, 2015, 08:49 AM
Oct 2015

Where is the promise that the premiums would decrease as each year went by? Many are moving downward to a Bronze Plan that does not pay for any advanced blood testing like for the genetic testing that must be given for a doctor to prescribe the correct medicine for a problem with the heart. No medicine and one is not able to work-which means one is removed from Obamacare/Hillarycare. This method works very well for the age group 55 to 66; those that are more expensive to insure. Red States have this way of getting you off Obamacare/Hillarycare.

Insurance companies get rid of those needing healthcare the most and go up on the cost of premiums every year-what a corporate Utopia!

In 2012-13, if the insurance companies spent less than 85% of their incomes on patient healthcare, then they and to send their insured a check or refund part of the premium.

I think that Bernie needs to start telling us why he was an Independent (based on mistakes of Obama) along with why he is a democratic socialist.

Sorry to have to use this link but it shows that Obama knew better than to remove the public option. IMO, only a corporatist would do such a thing.

http://www.findingdulcinea.com/news/Americas/2009/July/Revisiting-HillaryCare--What-It-Proposed-and-Why-It-Failed.html

mtasselin

(666 posts)
11. Thanks
Wed Oct 21, 2015, 12:04 PM
Oct 2015

Obama continues to sellout America and he will until he leaves office I can't believe I voted for him twice.

 

AlbertCat

(17,505 posts)
18. I can't believe I voted for him twice.
Wed Oct 21, 2015, 12:16 PM
Oct 2015

Of course you did! What were the alternatives????



But of course now, in the primaries, we HAVE an alternative to corpro-dems.

lpbk2713

(42,757 posts)
12. More stacking of the deck by the oligarchs.
Wed Oct 21, 2015, 12:07 PM
Oct 2015



As if they didn't have the working class under their thumb already.

tecelote

(5,122 posts)
20. "...while simultaneously shielding big firms from shareholder lawsuits."
Wed Oct 21, 2015, 12:25 PM
Oct 2015

And, handcuffed. We won't even have recourse.

 

hifiguy

(33,688 posts)
95. That is always a part of the plan. Not that it's mentioned in polite company.
Wed Oct 21, 2015, 08:36 PM
Oct 2015
Corporations and oligarchs have rights, my friend. You have squadoosh. So sit the fuck down, shut the fuck up and OBEY your corporate and oligarchic overlords, peasant.

ccinamon

(1,696 posts)
101. +1
Wed Oct 21, 2015, 11:57 PM
Oct 2015

I totally agree....if the country has to go down in flames before the citizens wake up,,,,it's better to do it faster rather than slower.

Populist_Prole

(5,364 posts)
31. You know what?
Wed Oct 21, 2015, 01:28 PM
Oct 2015

Even after his rightward lurch after being elected, even now, after his pushing of the TPP and now this, I still talk to some that think that even now this late in the game, he's still pulling some rope-a-dope moves with the GOP and his corporate masters and will go full-on populist....soon.

 

pocoloco

(3,180 posts)
37. LOL, you know the reason....
Wed Oct 21, 2015, 01:47 PM
Oct 2015

“It's easier to fool people than to convince them that they have been fooled.”

SammyWinstonJack

(44,130 posts)
51. Rope a dope with those who still think he's playing eleventy
Wed Oct 21, 2015, 02:18 PM
Oct 2015

dimensional chess with the GOP and his corporate paymasters, is more likely.

They've been had.

bvar22

(39,909 posts)
58. Obama IS "Playing Chess", and doing it well.
Wed Oct 21, 2015, 04:42 PM
Oct 2015

In Chess, Pawns are sacrificed to protect the Royalty.

Its really cool, unless you are a Pawn like the 99% of us who have to work for a living.

 

YabaDabaNoDinoNo

(460 posts)
23. His masters will get what they paid for
Wed Oct 21, 2015, 12:33 PM
Oct 2015

Obama has been one big fucking disappointment.

F him and his corporate pals.



 

99th_Monkey

(19,326 posts)
40. Bernie, because fuck this shit!
Wed Oct 21, 2015, 01:51 PM
Oct 2015

Hillary would be way worse than Obama. I can think of no better reason to vote for Bernie,
and support him 100%.

Fuddnik

(8,846 posts)
43. When we elect Hillary, it will start Reagans 10th consecutive term!
Wed Oct 21, 2015, 02:03 PM
Oct 2015

BERNIE!!!!! Because Fuck This Shit!!!!

EndElectoral

(4,213 posts)
32. When Obama gets behind this, I start to get really worried.
Wed Oct 21, 2015, 01:30 PM
Oct 2015

Since Hilary is generally to the right of Obama regarding the financial sector, it'll be interesting to hear her slant on this. Or at least her slant pre-election.

d_legendary1

(2,586 posts)
45. She told us what she was going to do in the debates
Wed Oct 21, 2015, 02:05 PM
Oct 2015

She's gonna march on down to Wall Street and demand that they stop speculating and engaging in bad behavior.

Has it worked? Who knows.

 

hifiguy

(33,688 posts)
83. And if they don't, like the policeman in the Python sketch,
Wed Oct 21, 2015, 08:17 PM
Oct 2015

she will say "halt" again. And they will give her a big bag of money to forget the whole thing and she will go away, never to yip again.

Javaman

(62,530 posts)
123. it won't, and she won't, because if she ever did that..
Thu Oct 22, 2015, 10:29 AM
Oct 2015

they would cut off the spigot for her campaign money.

she's just giving us lip service.

pa28

(6,145 posts)
59. Gotta draft those memos and frame those talking points.
Wed Oct 21, 2015, 05:01 PM
Oct 2015

Takes time but I'm sure we'll eventually hear why it's a good thing and how the rest of us are unqualified to even consider the issue.

 

hifiguy

(33,688 posts)
92. But, but, but
Wed Oct 21, 2015, 08:29 PM
Oct 2015

HE's OLD! HE HATES BLACK PEOPLE! HE HAS A FUNNY ACCENT!

AND HE'S A JEWISH SOCIALIST JUST LIKE KARL MARX!!!!

 

arcane1

(38,613 posts)
36. Sounds like he's thanking his big donors. We can expect the same from Clinton.
Wed Oct 21, 2015, 01:43 PM
Oct 2015

Unless we're all expected to join the rightward movement and start pretending shit like this is a good thing

Jack Rabbit

(45,984 posts)
39. WTF is going on here?
Wed Oct 21, 2015, 01:49 PM
Oct 2015

In a nutshell, corporatist administrators working for our corporatist President are acting like corporatists by proposing deregulation previously proposed by administrators of the corporatist junta led by a corporatist usurper that preceded our current corporatist President.

Isn't democracy wonderful? We can have any leader we want as long as he's a corporatist.

Jack Rabbit

(45,984 posts)
44. Good point
Wed Oct 21, 2015, 02:04 PM
Oct 2015

The reason I don't use the form he/she or s/he is because I don't write words I can't pronounce that look like they came our of a business letter or legal document.

However, the establishment designated successor is a she. She will be coronated president in Philadelphia next summer. I don't know if there is any truth to the rumor that those two august pillars of the establishment, Legs Dimon and Pretty Boy Lloyd, will be on hand to place the crown on her head.

Response to 99th_Monkey (Reply #41)

n2doc

(47,953 posts)
64. Bill Clinton waited until near the end of his run to push this sort of crap too
Wed Oct 21, 2015, 06:17 PM
Oct 2015

They see the big money waiting for them after they retire, if they just play ball…..

 

99th_Monkey

(19,326 posts)
66. Actually Bill & Hillary already ARE in the 1%, even higher than that.
Wed Oct 21, 2015, 06:26 PM
Oct 2015

I posted about this a couple of months ago, and now i can't readily find the links,
but trust me, they already ARE solidly IN the 1%, they don't just "represent" the
1%.

But your point is well-taken anyway, in that they are obviously not finished raking
in the dough, makes me wonder when "enough will be enough" for them.

PS - I'm planning to post an OP within a couple of days about this^ once i find the
links in my posts, and/or on the inter webs that document their income percentage/
bracket.

n2doc

(47,953 posts)
68. I don't think they were at the time Bill was in the WH
Wed Oct 21, 2015, 06:48 PM
Oct 2015

Remember, HRC claims they were 'dead broke'……

In any case they've made well over 100 million in the last decade so yeas, they are comfortably well off. Although enough is never enough for some.

Thespian2

(2,741 posts)
71. Good response...
Wed Oct 21, 2015, 07:06 PM
Oct 2015

I was reading about two Canadian banks last night...CIBC and TD...between them, 'Ole Hills got well over a half million for flying up on a private jet to spend a few hours giving a speech or two...she made several trips and followed the same protocol...of course, the audiences she spoke to were selected by the banks...Bubba Billy also got his mitts on some cash from the same sources...lots more to read about our Canadian banks' support for money-grubbing American politicians...Oh, yes...both banks support the Keystone pipeline...

No doubt the Clintons are members of the 1%...

ronnie624

(5,764 posts)
105. And the cocktail parties.
Thu Oct 22, 2015, 01:09 AM
Oct 2015

Being a member of an elite social group can be very important to people.

pa28

(6,145 posts)
67. Government agencies are captured on behalf of the corporations they are supposed to be regulating.
Wed Oct 21, 2015, 06:35 PM
Oct 2015

That's WTF is going on here.

Incidentally her husband is currently working for a white shoe law firm representing corporate clients affected by the ruling. He walked back through the revolving door from the SEC to collect glittering prizes while his wife continues to run the agency.

http://www.huffingtonpost.com/john-harrington/the-revolving-door-at-the-sec_b_6785568.html

 

Doctor_J

(36,392 posts)
75. tiger beat told us we'd see the real Obama these last two years
Wed Oct 21, 2015, 07:53 PM
Oct 2015

I wonder if this is what they meant. I don't expect many to show up in this thread.

 

hifiguy

(33,688 posts)
96. Me too.
Wed Oct 21, 2015, 08:47 PM
Oct 2015

I have absolutely nothing left to lose anymore. Fuck capitalism, and fuck capitalists, especially banksters.

 

hifiguy

(33,688 posts)
80. If anyone is surprised, even in the slightest, by this.
Wed Oct 21, 2015, 08:06 PM
Oct 2015

you are too goddamn dumb to breathe.

We were had, chumped, snookered, rooked and pantsed in the middle of the schoolyard by both Obama and Bubba.

Wall $treet, Wall $treet uber alles!
Uber alles in die Welt!

Jebus, WHY did I vote for this guy? Twice? TTP and now this.

NO MORE CORPODEMS or TURD WAY. EVER!

ETA, The thundering silence from the Usual Suspects among the Hillionaires and Obama fanboys/girls in this thread is rather remarkable, innit?

 

fasttense

(17,301 posts)
100. Yes the silence is deafening
Wed Oct 21, 2015, 10:46 PM
Oct 2015

I fell in love with the campaigning liberal Obama and ended up with a president who claims to be a moderate RepubliCON and a free trade true believer.

He never closed GITMO and is now going to put the US firmly on the side of fascism with the signing of the TPP. By the way, I remeber the initials for that free trade scheme as Trade Pee Pee.

Response to 99th_Monkey (Original post)

 

Arugula Latte

(50,566 posts)
103. If you like this shit, you'll LOVE Hillary's crap!
Thu Oct 22, 2015, 12:12 AM
Oct 2015

In '08 I first wanted Edwards because it seemed he was the only one concerned about poverty, etc. Okay, in retrospect, he was a scumbag. Then I was for Obama because he was the better choice over Hillary. I thought maybe if he was elected he would lean toward his community organizer/constitutional expert side over his corporatist side. For the most part, I've been disappointed. I can only imagine how terribly disappointing and corporate-Wall St. friendly Hillary will be if elected (which is doubtful because she inspires next to no enthusiasm).

Go Bernie!

 

hifiguy

(33,688 posts)
106. A BIG second to this.
Thu Oct 22, 2015, 01:10 AM
Oct 2015

She would be much, MUCH worse. The Bush Crime Family considers her to be an honorary member. Let that bounce around in the ol' brainbox for a while and ponder what it means.

AnAzulTexas

(108 posts)
107. just another bitch-slap from the president
Thu Oct 22, 2015, 01:44 AM
Oct 2015

if he goes along with it to everyone who worked 2 times to get him elected

 

99th_Monkey

(19,326 posts)
111. That is a ticket that would be utterly unstoppable, to the horror of the DNC & the Oligarchs. -nt-
Thu Oct 22, 2015, 03:03 AM
Oct 2015

ChiciB1

(15,435 posts)
130. I'm Not Sure Why Warren Hasn't Been More Vocal About Bernie...
Thu Oct 22, 2015, 02:51 PM
Oct 2015

they are very like minded, but maybe she's waiting or doesn't want to clog up the drain. We're ALL assuming that she's a Bernie supporter, I can't say I know that for sure. It would be a HUGE boost for him as we all probably agree, yet it's MUM so far. I've seen clips where she's made some semi-negative comments about Hillary and her connections to Wall Street, but it was some time ago.

I can't see her supporting Hillary because of their opposing positions, but the reasons are hers to explain. Still I can WISH she'll make a move in 6 months or so. I can't support how our Democratic Party has failed the bulk of it's own people, and not just because of Bernie. The list IS LONG!!

I've said this so many times now, living in FL I have to remain a Democrat to vote in the Primary, but now more than ever am considering changing to NPA when this election is over. They've used me for the very last time!!!

Response to 99th_Monkey (Original post)

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