2016 Postmortem
Related: About this forumHUFFINGTON POST: The Democratic Primary Is A Fight Over Wall Street And Obama's Legacy
[moved from General Discussion to General Discussion: Primaries]
Obama began his presidency by essentially telling movement progressives to shut up and quit making trouble for his corporate-friendly agenda. Former Obama spokesman Robert Gibbs derided and insulted "the professional left" in press conferences. When liberal organizations advocated for a public option during Obamacare talks, former White House Chief Of Staff Rahm Emanuel pressured them to stop by threatening their funding sources. Obama economic adviser Christina Romer was sidelined after demonstrating that the economic stimulus package needed to be much larger than what National Economic Council Chair Larry Summers would accept. Obama has deported more people than any other president -- nearly 25 percent more than even President George W. Bush. He supported Medicare and Social Security cuts for years.
While it's true that he faced scorched-earth opposition from Republicans, it was Obama who pressed for an entitlement-slashing "Grand Bargain" during the nearly catastrophic debt ceiling talks of 2011. This maneuvering on critical support for the elderly is what prompted Sanders in 2011 to advocate for a primary challenger to Obama -- a comment Clinton is now wielding against him as evidence of supposed liberal apostasy.
"I think there are millions of Americans who are deeply disappointed in the president, who believe that, with regard to Social Security and a number of other issues, he said one thing as a candidate and is doing something very much else as a president," Sanders said in 2011.
At the time, Sanders didn't come out and say Obama should be replaced -- only that the prospect of another candidate could hold his feet to the fire.
http://www.huffingtonpost.com/entry/democratic-primary-wall-street-obama_us_56be05eee4b0c3c55050f053
Kip Humphrey
(4,753 posts)uponit7771
(90,347 posts)... in the SEC states cause ... you know ... authentic
And Sanders voted for the CFMA, which took the leashes off of CDOs and allowed the big banks to sell the mortgage securities unregulated ... you know causae... wall street BAAAAAD!!!
I don't see Sanders living up to a lot of standards he's knocking others for not living up to
FreakinDJ
(17,644 posts)Obama's Wall St friendly posture and Wall St Bankster cabinet positions were quite the subject of debate here on DU. Well in the case of Hillary supporters since she has chosen to run on the Obama legacy its more like selective memory
Try discussing it with some one who was foreclosed upon and you might be propelled into reality
BigBearJohn
(11,410 posts)SammyWinstonJack
(44,130 posts)Old Codger
(4,205 posts)In my book when you break it down. Yes he helped create the ACA, supposed Affordable Care Plan which was and still is touted as lowering health care costs, this is a pretty faulty premise, it did and does nothing to lower actual Dr or hospital costs it merely lowered insurance premiums from individual buyers by giving them tax breaks which in the end lower the federal governments income and the proceeded to give some more of that tax money to the insurance companies... in the end it is a huge gift to the medical insurance industry. Then comes TPP which remains to be seen how bad that will be but if projections are correct will be much worse that the already disastrous NAFTA... Not a lot to brag about there...
Ferd Berfel
(3,687 posts)Art_from_Ark
(27,247 posts)and the critters in the farmhouse are laughing at us.