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Title: Democrats Finally Waking Up to the Ongoing Looting of the Economy
Source:
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URL Source: http://georgewashington2.blogspot.c ... ally-waking-up-to-ongoing.html
Published: Mar 17, 2009
Author: GW
Post Date: 2009-03-17 19:29:28 by Horse
Keywords: None
Views: 168
Comments: 11
Just as a certain percentage of republicans refused to admit that rotten things were happening under the Bush administration, many democrats have fought to defend the Obama administration against charges of mishandling the response to the economic crisis. But now, as ABC news notes: President Obama is facing growing liberal anger over his handling of the economy, with prominent voices on the left voicing concerns that taxpayer-funded bailouts are enriching corporate America while doing little to right the nation's economic ship.... Several prominent Democrats are pointing out that Obama aides were more than willing to press auto workers to renegotiate contracts as a condition of bailouts for car companies -- but are now citing the sanctity of contracts in AIG bonuses, saying they can't be canceled. "People have no confidence in what's happening right now," Jane Hamsher, the founder of the liberal blog FireDogLake, said Monday on ABC NewsNOW's "Politics Live." "People on the right and the left are looking at all this money being shoveled to banks [by] friends of Timothy Geithner and Larry Summers ... and they're not seeing any accountability," she added. "They don't know where the money's going, they don't know how much is gone, and it's all nontransparent and extremely suspicious."... "He's walking down a very, very dangerous path right now," liberal activist and author David Sirota told ABCNews.com. "It betrays the exact problem that people are angry at -- that there's one set of rules for Wall Street and Washington and another set of rules for everybody else." "It's becoming real, what the difference is between Obama's rhetoric about power coming from outside of Washington, and the reality of an administration filled with Washington and Wall Street insiders," Sirota said.... Robert Reich, who was former President Clinton's labor secretary, called it a "scandal" that "Americans still have so little say over what is happening with our money." "When our very own secretary of the Treasury cannot make stick his decision that AIG's bonuses should not be paid, only one conclusion can be drawn: AIG is accountable to no one. Our democracy is seriously broken," Reich wrote in a Huffington Post op-ed. Democratic lawmakers joined Republicans in expressing outrage. They called on the president to do more to protect taxpayer dollars. "The American people are being played for fools by AIG," Rep. Elijah Cummings, D-Md., said today on ABC's "Good Morning America." Talk, of course, is cheap. Unless and until the democrats demand that Summers, Geithner and Bernanke be fired and replaced with people with a demonstrated commitment to the public interest, things will just get worse and - despite the faux populism of both the democrats and republicans in congress - the people will just get angrier and angrier.
Poster Comment: On Day 50 of his administration Obama had filled only 73 of 1200 appointed positions requiring Senate confirmation. He has thrown lots of parties and posed for photos. He has insulted the British. He will be the first President to be a guest on the Tonight Show with Jay Leno.
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#1. To: Horse (#0)
Of course. You won't find a lot of jews on an assembly line. Wanna take a wild guess as to who the majority of AIG bonuses go to? Hint: It ain't Muslims or Chinese.
Yes. It sucks for you and me.
DOH! Unless and until the democrats demand that Summers, Geithner and Bernanke be fired and replaced with people with a demonstrated commitment to the public interest, oh sure! He will be the first President to be a guest on the Tonight Show with Jay Leno. have you heard something or is this your joke?
Obama will be on the Tonight Show. This is no joke.
Recession is when your neighbor loses his job. Atlas is now shrugging. Which proves that Leno doesn't care who he associates with.
Liberty is not a means to a higher political end. It is itself the highest political end. oh boy. i can hardly wait.
Recession is when your neighbor loses his job. Atlas is now shrugging. World Fascist Police State bump !
Hint: It ain't Muslims or Chinese. Morris Dees wants to have a talk in the Principal's office with you after school.
"Satan / Cheney in "08" NPR reports he has also filled out his NCAA tournament bracket, inviting an ESPN reporter to watch. He has UNC winning it all.
The U.S. Constitution is no impediment to our form of government.--PJ O'Rourke
Obama aides were more than willing to press auto workers to renegotiate contracts as a condition of bailouts for car companies -- but are now citing the sanctity of contracts in AIG bonuses, saying they can't be canceled.
Mike Flaherty: Yeah, it's been there a long time. I wish I knew which corner.
My Man Godfrey (1936)
#2. To: Horse (#0)
#3. To: Horse (#0)
"It's becoming real, what the difference is between Obama's rhetoric about power coming from outside of Washington, and the reality of an administration filled with Washington and Wall Street insiders," Sirota said....
#4. To: christine (#3)
Depression is when you lose your job.
Recovery is when Obama loses his job.
#5. To: mirage (#4)
Obama will be on the Tonight Show. This is no joke.
Lord Acton
#6. To: mirage (#4)
#7. To: christine (#6)
Depression is when you lose your job.
Recovery is when Obama loses his job.
#8. To: Horse (#0)
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your counsel nor your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen.”—Samuel Adams 
#9. To: mirage (#7)
However, by taking a seat Thursday night on "The Tonight Show with Jay Leno," Obama will become the first sitting president to appear in such an unlikely venue, erasing -- perhaps once and for all -- any vestige of the line that separates news from entertainment.
#10. To: Esso (#1)
Wanna take a wild guess as to who the majority of AIG bonuses go to?
#11. To: Horse (#0)
He has thrown lots of parties and posed for photos. He has insulted the British. He will be the first President to be a guest on the Tonight Show with Jay Leno.
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