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Obama should adopt Bernie Sanders' Plan

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musiclawyer Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 05:25 PM
Original message
Obama should adopt Bernie Sanders' Plan
Lead Obama, now! Set the bar very high such that the media has to cover it, and to where progressives and pukes have to buy in, eventually. Basically he would be saying, this is serious, they broke, but I can fix it, not them. If Obama does this in the next 48 hours, the game is over. He wins. Not even electoral fraud will deny him the prize.
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 05:30 PM
Response to Original message
1. Got a link to Bernie's plan?
You know, of course, the Democratic party won't touch anything with the word socialist, right?

Doesn't mean he can't steal it, though.
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Union Thug Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 05:39 PM
Response to Reply #1
4. Well, you see, now there's the problem...
Bernie's plan places the burden of the bail out on the wealthiest americans. Our wealthy overlords are bound to scream CLASS WAR (as if they haven't been waging one against workers for the past 30+years). Summary from Sanders' website:

Ensure that middle income and working families are not the ones who are paying for this bailout by
Imposing a five-year, 10 percent surtax on income over $1 million a year for couples and over $500,000 for single taxpayers. That would raise more than $300 billion in revenue over five years;
Ensuring that assets purchased from banks are realistically discounted so companies are not rewarded for their risky behavior and taxpayers can recover the amount they paid for them; and
Requiring that taxpayers receive equity stakes in the bailed-out companies so that the taxpayers’ assumption of risk is rewarded when companies’ stock goes up.

Taken together these three provisions will substantially reduce the likelihood that this bailout will end up on the backs of average American taxpayers.


Include a major economic recovery package which puts Americans to work at decent wages. Among many other areas, we can create millions of jobs rebuilding our crumbling infrastructure and moving our country from fossil fuels to energy efficiency and sustainable energy. Further, we must protect our must vulnerable families from the very difficult times they are experiencing.


Repeal the disastrous de-regulatory legislation that facilitated this crisis.
End the danger posed by companies that are “too big to fail,” that is, companies whose failure would cause systemic harm to the U.S. economy. If a company is too big to fail, it is too big to exist. We need to determine which companies fall in this category and then break them up.
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Union Thug Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 05:36 PM
Response to Original message
2. I agree, and here's the link:
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livelongandprosper Donating Member (417 posts) Send PM | Profile | Ignore Mon Sep-29-08 05:38 PM
Response to Original message
3. No no no. Obama has been right to stay out of this.
The Repubs didn't vote for this because of ideology. But just imagine if Obama would be seen as someone who tries to get credit for it? No way in hell they would vote for it no matter what.

He will lead once he becomes president. His low-profile so far has been perfect. Besides, he is not on any commitee that does the negotiations and the Senate is not the problem anyway, the House is.
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redqueen Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 05:45 PM
Response to Original message
5. He should refer to the fact that the old bailout plan mimicked Japan's solution.
Can't frickin believe they were about to implement that. :banghead:
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dkofos Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 05:45 PM
Response to Original message
6. YES That will fix part of the problem, and the crooks will have to pay for it.
They should also use the Kucinich plan to rebuild the economy
from the bottom up.

I'm tired of trickle down. I feel I'm being pissed on.
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