Savvy Bankers? Free-Markets? Populist Presidents?

It’s all pay to play. Obama can’t take on the folks that helped him get where he is. A little while ago he was scolding said bankers. Some said it was all theater. Looks like they were right.

Oh…sorry to be o/t….just announced, Rep Patrick Kennedy will not seek re-election to the House.

OBAMA:DUMBER THAN SARAH PALIN

That, my friends, is a headline from an opinion column written by Ted Rall.  If you are familiar with his work, you know he just doesn’t slant left, he is double black diamond ski slope left.

That headline is also not meant to be factitious.  His observations are factually correct and accurate.

An excerpt:

“Thanks to CribNoteGate, we can finally say it out loud: Sarah Palin is stupid. But where does that leave Barack Obama?

Even stupider.

Let’s set aside the fiction that public officials care about the country.

Let’s accept an assumption that everyone else can get behind: Politicians are skilled at looking out for themselves.

By this low standard, Obama is dumber than dumb. We’re not talking Dubya dumb. We’re not even talking Sarahcuda dumb.

We’re talking pulling-off-your-mask-so-the-clerk-of-the-bank-you’re-robbing-can-hear-you dumb.”

The headline at the top is linked to the column.

Populism aphorism for Linda too: Introducing O/T topics can make a participant unpopular. Learn from my errors.

Guest: Participation goes as the first level of addiction. Democrats participated in Regan folly. The truth says that borrowing a little makes sense. A little. Barrowing a lot doesn’t make sense. Why? You know why.

But what happens with borrowing? Well in the Bible there are many stories of people who borrowed and later on not being able to pay had to give their children as slaves as well as themselves. Of course God knowing that provided his children with Jubilee. But since we have for God – Mammon – we will  have no such thing as Jubilee. Our children will become slaves as well as we. China will teach us discipline and get us out of our addictions.

Populism aphorism for Linda too: Introducing O/T topics can make a participant unpopular. Learn from my errors.    
   
Guest: Participation goes as the first level of addiction. Democrats participated in Regan folly. The truth says that borrowing a little makes sense. A little. Barrowing a lot doesn’t make sense. Why? You know why.    
   
But what happens with borrowing? Well in the Bible there are many stories of people who borrowed and later on not being able to pay had to give their children as slaves as well as themselves. Of course God knowing that provided his children with Jubilee. But since we have for God – Mammon – we will  have no such thing as Jubilee. Our children will become slaves as well as we. China will teach us discipline and get us out of our addictions.  
 
EllenD: Obama has establish a new type of Presidency and it looks like it will stick. Michelle looks much much better and speaks much more intelligent and does not look as dependent on her man as Ellenor.

Populism aphorism for Linda too: Introducing O/T topics can make a participant unpopular. Learn from my errors.    
   
Guest: Participation goes as the first level of addiction. Democrats participated in Regan folly. The truth says that borrowing a little makes sense. A little. Barrowing a lot doesn’t make sense. Why? You know why.    
   
But what happens with borrowing? Well in the Bible there are many stories of people who borrowed and later on not being able to pay had to give their children as slaves as well as themselves. Of course God knowing that provided his children with Jubilee. But since we have for God – Mammon – we will  have no such thing as Jubilee. Our children will become slaves as well as we. China will teach us discipline and get us out of our addictions.  
 
To the others: Obama has establish a new type of Presidency and it looks like it will stick. Michelle looks much much better and speaks much more intelligent and does not look as dependent on her man as Ellenor.

You cannot be a populist reformer when you talk out both sides out your mouth.  President Obama is speaking with a forked tongue.  And it’s why he’s flailing around, his poll numbers sinking. 

Shortly before my recent road trip, we had an optic with the President shouldered by Volcker and Biden, where President Obama talked about “tough regulation” and the Volcker Rule–separating the commercial banks from the wild investment trading that’s brought us to this moment. It’s a first step in reining in some of the craziness. And there was talk about putting caps and a tax on these obscene bonuses. 

And then? 

We have the President cozying up to the financiers and extolling the virtues of the free market and hearty party-time rewards.

Which is it?  This is absolutely schizoid. 

The President must decide who he’s fighting for: the banks, the “unscrupulous money changers,” or ordinary Americans, the men and women in the trenches, who are hurting right now.  Will the Republicans like it?  No, they’ll fight him tooth and nail.  But he needs to fight those battles because he’s in the driver’s seat. 

Look at that language of FDR.  There’s no equivocating, no vague take-no-position or straddle the fence idea in Roosevelt’s words.  He said it flat out: This. Must. Stop.  Action!  Action now.

Krugman’s astonishment I take real issue with.  Oh yes, he’s criticized President Obama and his economic policy.  But Paul Krugman also cloaked President-elect Obama with FDR’s mantle, a projection at best because there was nothing then and nothing now that remotely suggested that President Obama had/has a clear and unwavering commitment to the people, the middle class, the working class, the backbone of the Nation.

The President must decide.  He must decide quickly.  Or he will go down as a failed president, and he’ll be dragging the rest of us with him.

That’s what I think, Linda.  And then, I think of Bill Clinton.  For all the man’s flaws and faults, there was never a moment that I didn’t know what side Bill Clinton was on: our side, the side of the American public, the side of anyone in need.  

Time to choose, President Obama.  Time to choose.     

The new type of presidency is not so new, it is really just an amalgamation of the best attributes taken from his predecessors: the ethics of Harding, the transparency of Nixon, the strategical insights of Carter, the frugality of L. Johnson and the national unification of Buchanan.

But what happens with borrowing? Well in the Bible there are many stories of people who borrowed and later on not being able to pay had to give their children as slaves as well as themselves. Of course God knowing that provided his children with Jubilee. But since we have for God – Mammon – we will  have no such thing as Jubilee. Our children will become slaves as well as we. China will teach us discipline and get us out of our addictions.

Peggy Sue said, [Obama] is absolutely schizoid.

FDR for his time – in yesteryears; Obama for our times – today.

Obama’s behavior is proper since there is no consensus on what can be done exactly to prevent a financial desaster. China rules. The path to recovery is beyond reach. Maybe Palin has the guts to straighten the country – but only Palin. And Palin will not get in the 2012 ticket.

But what happens with borrowing? Well in the Bible there are many stories of people who borrowed and later on not being able to pay had to give their children as slaves as well as themselves. Of course God knowing that provided his children with Jubilee. But since we have for God – Mammon – we will  have no such thing as Jubilee. Our children will become slaves as well as we. China will teach us discipline and get us out of our addictions.   

We needed FDR and we got Warren G. Harding.

Obama was never a reformer.  In his years in congress, he never reformed anything.  Thats the whole irony of the situation. 

Obama is a corrupt politician from chicago whose main goal was to be the first black president.  It was an agenda of race and total self service, nothing more, nothing less.

What in god is everyone hoping for?  This man isn’t going to change anything.  It is the same old crap as the last president, only the cards have changed.  He is going to cater to the big businesses and reap the cash flow in campaign contribution.  There is no telling WHAT kind of shady business is going on behind close doors as Obama now controls the means of investigation.

In conclusion Obama is nothing but a self serving corrupt mobster from chicago with the media as his outlet and the Administration of the United States at his disposal.  What don’t you guys get?  There will be no help or accountability there for you.  Try again next election.

  Great Article!
  One mistake….
  Dorothy wears the red slippers.
  Alice has tea with a rabbit, Hatter and Dormouse.

Obama’s mixed messaging is becoming an obvious sickness of this president.  His inability to make a decision, form a plan to implement that decision and follow through with action and success are destroying this country.

But the mess in this country is not unique.  We see a similar miasma in too many of the Western Democracies as political leaders buy their way out of disfavor by growing public debt and failing universally and dismally to bring the world’s financial system to heel.  We are all just one big default away from economic disaster.

The thing to realize is that “Obama says…” and the truth are entirely unrelated.

I just heard that this morning.  I haven’t paid attention to RI polls.  But great to hear he was going to probably lose anyhow.

He was so not something to be proud of.  

Hola infantes.
Chuparon ya de los pechos
de la comadre.
Porque berrean?
Come estaban esos pechos
que vos berrean y berrean
No digais que estaban secos
Los pechos de la comadre
estaban secos.
Por eso berrean.


La comadre is China.

Savvy Bankers? Free-Markets? Populist Presidents?

El Berreo de los infantes 
 
Hola infantes.  
Chuparon ya de los pechos  
de la comadre.  
Porque berrean?  
Come estaban esos pechos  
que vos berrean y berrean  
No digais que estaban secos  
Los pechos de la comadre  
estaban secos.  
Por eso berrean.  
  
  
La comadre is China. Los infantes are the North Americans.

I had to give away the code of interpretation of your banking crisis and your political crises because you are so incapable of understanding anything. Infants.

Obama is the opposite of FDR in every important way.

FDR achieved miracles … Obama has just about destroyed the Democratic party and the country as well.

Obama gives us the New Deal in reverse.

Dedicated to Linda Anselmi and her loyal 20 for her excellent presentation.

Savvy Bankers? Free-Markets? Populist Presidents?  
 
 
Berreo de infantes   
   
Hola infantes.    
Chuparon ya de los pechos    
de la comadre.    
Porque berrean?    
Come estaban esos pechos    
que vos berrean y berrean    
No digais que estaban secos    
Los pechos de la comadre    
estaban secos.    
Por eso berrean.    
    
    
La comadre is China. Los infantes are the North Americans.  
 
I had to give away the code of interpretation of your banking crisis and your political crises because you are so incapable of understanding anything. Infants.

Dedicated to Linda Anselmi and her jest-corps (korpses) for her excellent presentation.  
 
Savvy Bankers? Free-Markets? Populist Presidents?    
   
   
Berreo de infantes     
     
Hola infantes.      
Chuparon ya de los pechos      
de la comadre.      
Porque berrean?      
Come estaban esos pechos      
que vos berrean y berrean      
No digais que estaban secos      
Los pechos de la comadre      
estaban secos.      
Por eso berrean.      
      
      
La comadre is China. Los infantes are the North Americans.    
   
I had to give away the code of interpretation of your banking crisis and your political crises because you are so incapable of understanding anything. Infants.

goodness, from physics 101 to psychology 101 to Spanish 101….

it’s called leadership….if the pechos are secos, leadership seeks other sources through policy….take political economy 101 next semester.

Linda,

NQ is a pretty schizo website. A real mix of liberaterians, righties and not sure what so-called ex-dems are.

One second people on here a espousing the free market and too much government. Then the next second you have people like Linda on here making fun of supposively Obama saying he thinks the free market is fine in paying people what they are worth.

By the way Linda,

i’d be interested to know what you think of what obama actually said, as opposed to how bloomberg and YOU LINDA edited it?

Q Let’s talk bonuses for a minute: Lloyd Blankfein, $9 million; Jamie Dimon, $17 million. Now, granted, those were in stock and less than what some had expected. But are those numbers okay?

THE PRESIDENT: Well, look, first of all, I know both those guys. They’re very savvy businessmen. And I, like most of the American people, don’t begrudge people success or wealth. That’s part of the free market system. I do think that the compensation packages that we’ve seen over the last decade at least have not matched up always to performance. I think that shareholders oftentimes have not had any significant say in the pay structures for CEOs.

Q Seventeen million dollars is a lot for Main Street to stomach.

THE PRESIDENT: Listen, $17 million is an extraordinary amount of money. Of course, there are some baseball players who are making more than that who don’t get to the World Series either. So I’m shocked by that as well. I guess the main principle we want to promote is a simple principle of “say on pay,” that shareholders have a chance to actually scrutinize what CEOs are getting paid. And I think that serves as a restraint and helps align performance with pay. The other thing we do think is the more that pay comes in the form of stock that requires proven performance over a certain period of time as opposed to quarterly earnings is a fairer way of measuring CEOs’ success and ultimately will make the performance of American businesses better.

Linda,    
   
NQ is a pretty schizo website. A real mix of liberaterians, righties and not sure what so-called ex-dems are.    
   
One second people on here a espousing the free market and too much government. Then the next second you have people like Linda on here making fun of supposively Obama saying he thinks the free market is fine in paying people what they are worth.    
   
By the way Linda,    
   
i’d be interested to know what you think of what obama actually said, as opposed to how bloomberg and YOU LINDA edited it?    
   
Q Let’s talk bonuses for a minute: Lloyd Blankfein, $9 million; Jamie Dimon, $17 million. Now, granted, those were in stock and less than what some had expected. But are those numbers okay?    
   
THE PRESIDENT: Well, look, first of all, I know both those guys. They’re very savvy businessmen. And I, like most of the American people, don’t begrudge people success or wealth. That’s part of the free market system. I do think that the compensation packages that we’ve seen over the last decade at least have not matched up always to performance. I think that shareholders oftentimes have not had any significant say in the pay structures for CEOs.    
   
Q Seventeen million dollars is a lot for Main Street to stomach.    
   
THE PRESIDENT: Listen, $17 million is an extraordinary amount of money. Of course, there are some baseball players who are making more than that who don’t get to the World Series either. So I’m shocked by that as well. I guess the main principle we want to promote is a simple principle of “say on pay,” that shareholders have a chance to actually scrutinize what CEOs are getting paid. And I think that serves as a restraint and helps align performance with pay. The other thing we do think is the more that pay comes in the form of stock that requires proven performance over a certain period of time as opposed to quarterly earnings is a fairer way of measuring CEOs’ success and ultimately will make the performance of American businesses better.

I see we have another FDR revisionist here.

Thank you for your perspective Guest.

But just to set the record straight.  I accurately quoted the relevant portions of Obama’s response.  As I did FDR’s.  

I made fun of no one, except my own helplessness as a taxpaying involuntary shareholder enjoying the financial ruins that these financial executives have wrought on our economy.

And Krugman and Johnson do a pretty good job of dissecting why even the President’s full response is reprehensible on multiple levels so my suggestion would be to use the links to read their full response.

Linda, 
 
Krugman is wrong. He got the quote wrong just like you did. Or as you did you selectively quoted what you want. Funny how NQ selectively uses Krugman whenever he says anything slightly negative about Obama and never uses him when he is praising the adminstration or wants to go further than the adminstration on issues like healthcare and the stimulus, issues that NQ is against. I guess it fits the trash Obama at any cost narrative on here.

What no reply to my second comment below.

“Guest” observed: “NQ is a pretty schizo website. A real mix of liberaterians, righties and not sure what so-called ex-dems are.”

You forgot to mention the Obots and the Trolls, which appear in increasing numbers nowadays. 

There is a difference between fairy tale history and objective facts.
If I wanted to take up the rest of this thread I would give you the history lesson of the entire great depression from during hoover through world war II.

Hint: the “great miracle” that took us out of the great depression was War War II and it was not any of the New Deal policies. If you don’t know that then you are the revisionist.

There has been a prolonged, concerted, and well-financed rightwing effort to diminish FDR, to skew the facts about his presidency and even history itself. The earmarks of rightwing talking points are easy to spot.

Saying it took World War II to end the Great Depression (an old rightwing saw) is to focus on the narrow point while missing the big picture.

Once FDR was inaugurated, the whole mood of the country changed instantly and people felt lifted up. Almost immediately, millions of real people saw their bank savings protected, millions of real people soon had jobs that earned them a decent wage so they could hold their heads high and support their families, millions of real people were secure in their homes and safe from foreclosure on their mortgages, millions of farmers were able to stay on their farms and make a decent living because their farms were protected from foreclosure, millions of real people soon had access to electricity for the first time in their lives, millions of real children soon had new schools to go to and new playgrounds and parks where they could have fun, tens of thousands of artists and writers and playwrights were employed bringing their talents and skills to enrich the fabric of American daily life,  millions of real people had access to unemployment insurance and old-age benefits to protect them from grim poverty. Regulations were put in place so the stock market meltdown of 1929 could not occur again; it was not until right-wingers eliminated those regulatory safeguards that we experienced the sort of serious economic distress that occurred this past year.

When FDR put people back to work during The Great Depression,  “Americans built 125,000 public buildings, 75,000 bridges, 8,000 parks, 800 airports, and more than 650,000 miles of roads, creating a modern American infrastructure and earning a paycheck all the while.”  http://tinyurl.com/2d2pn4

FDR had moved swiftly, creatively and energetically to stop the hemorrhaging of the Great Depression and soon had America on the path to better times; for some the times were better than they had ever known.

People with regular paychecks bought things, the money circulated and people prospered. The surest proof that people knew their lives had improved under FDR’s leadership was the awesome landslide of support they gave him when he ran for a second term in 1936. FDR won re-election with 60.80 % of the vote (62.6% of the votes cast counting only the two major parties) — that is the second highest percentage in America history.  http://tinyurl.com/mrglvs

oowawa,

NQbots… always angry and always hateful no matter what. They disregard the facts and focus on the narratives and talking points hand to them by the right-wing media and nutters. 
 
You should be welcoming people on this website that have different views than the standard NQ narrative. Most of you I am sure get a kick out of attacking anyone with a different view. It also sometimes elevates the conversation and either makes you think or defend your position. I thot that what blogs were for. To discuss and debate, but often NQ feels just like a propaganda site for the far right, which seems pretty strong for many NQbots, who often claim to be “ex-dems”.  

Here’s the clincher. S&L disaster started under Carter, Reagan took it to the next level with a democratic congress with the help of….wait for it….Stenie Hoyer and Chuck “You” Schumer!

“Guest” said:
Are your refering to the banks? The banks have almost entirely paid back all the money and at a profit. And by the way the money was given to the banks, AIG, Fannie and Freddie by Paulson under Bush before Obama even came on the scene.  
 
http://www.nytimes.com/2009/08/31/business/economy/31taxpayer.htm

Fankly, I’m shocked to see this information acknowledged from one we normally consider to be a devout Obama worshipper.  The Obots usually credit Obama with “bringing us back from the brink, saving us from another Great Depression with HIS wonderful TARP program.  Back in 2008, when the financial crisis was in full panic mode, Obama was laughing at the Senators who convened with President Bush to deal with the crisis.  He didn’t think it was important enough to interrupt his campaign over.  I’m definitely no fan of Dubya, but the fact is that the TARP program came about on his watch, not Obama’s.

Frankly, I’m shocked to see this information acknowledged from one we normally consider to be a devout Obama worshipper.  The Obots usually credit Obama with “bringing us back from the brink, saving us from another Great Depression” with HIS wonderful TARP program.  Back in 2008, when the financial crisis was in full panic mode, Obama was laughing at the Senators who convened with President Bush to deal with the crisis.  He didn’t think it was important enough to interrupt his campaign over.  I’m definitely no fan of Dubya, but the fact is that the TARP program came about on his watch, not Obama’s.  And for all the problems with TARP, it appears to be a major part of what prevented the Great Recession from becoming the Great Depression II… so far.

Guest, and I do not know which “guest” you may be since “guest” is a default name for anyone who leaves the name field blank, you have no appreciation of what a varied spectrum of people communicate through No Quarter.  You have the nerve to question the bona fides of those “who often claim to be ‘ex-dems,’” as if someone who voted solidly Democrat for decades and now refuses to drink the Obama Kool-Aid is just a naive sucker led astray by the horrible Republicans.  You have no appreciation of the basis for the deep anger and rationale behind the PUMA movement.  Party Unity My Ass!  We don’t got to show you no stinking badges, and we are not going to fall in line behind your phony Messiah.  On this site, PUMAs talk with Republicans and Independents, and we often disagree.  Pseudo-religious political zealots devoted to worshipping a cult of personality are another matter.

oowawa, you are truly wanting some fresh breast milk. Guest is everyone – the single voice of all. You need to get rid of what your American teachers taught you and learn from what is being taught worldwide. The term ‘guest’ is pretty well understood and it needs not a unique identification.


And what’s with: “You have the nerve to question…” What’s that? Where does that comes from?

Grow up oowawa, he not only asked you a question in worldwide politeness – not American politeness – and explained to you the reason and the logic behind the question.


THIS IS A  HOSPITAL FOR BLINDS.

Guest, you are a guest by your own admission. You refuse to take a screen name, as it is your right to do. However, I wonder who taught you your manners. You say, of us you “hosts”:

“NQ is a pretty schizo website. A real mix of liberaterians, righties and not sure what so-called ex-dems are. ”

Then in another post you say:

“NQbots… always angry and always hateful no matter what. They disregard the facts and focus on the narratives and talking points hand to them by the right-wing media and nutters.”

That is a bit rude. Not only that, your assessment is incorrect. There are a variety of view points expressed on this blog, and thank heavens it is so. I do not agree with you that NQ is a “right wing blog.” Obama supporters use this term about NQ frequently. 

I notice that your tone has become increasingly shrill. Is this because we refuse to agree with everything you say? 

You further advise us:

“You should be welcoming people on this website that have different views than the standard NQ narrative. ”

There is no such thing as a “standard NQ narrative.”

In the beginning, you were a pretty smooth smoothie in your demeanor. As time goes on, the obot in you starts to show more and more clearly and you are getting a bit sensitive. Your veneer is cracking.

Nobody here “gets a kick out of attacking” anybody. But at NQ we are battle-hardened veterans of waves of obot attacks. We know the techniques. NQ has commenters with healthy skepticism. You cannot expect people to accept your words without questioning them.

There is no propaganda on NQ. By the way using the term “ex-dems” is a give away of where you come from and what your agenda is.

You keep talking about elevating the discussion. I think by that you mean “getting everybody to agree with what I, Guest, have to say.”

Please think again before you, Guest, call us hateful, rightwing, nutters, angry, etc. You only create ill-will by doing so.

Thank you.

arabella trefoil

Are you going to study for your chemistry exam or what?


Are you addicted to NQ?

If you are addicted to NQ you need to stop paying for schooling.

What? Are your Chemistry test that easy now for elementary first graders. Chemistry was my most difficult subject, aside that I was in love with the teacher’s best friend. It didn’t help me that we always studied together.

arabella trefoil  
  
Are you going to study for your chemistry exam or no?  
  
  
Are you addicted to NQ? 
  
What? Are your Chemistry test that easy now for elementary first graders. Chemistry was my most difficult subject, aside that I was in love with the teacher’s best friend. It didn’t help me that we always studied together.

If you are addicted to NQ you need to stop paying for schooling. This here is a SCHOOL OF THE BLINDS. I am the CHIEF NURSE.

arabella trefoil     
     
Are you going to study for your chemistry exam or no?     
     
     
Are you addicted to NQ?     
     
What? Are your Chemistry test that easy now for elementary first graders. Chemistry was my most difficult subject, aside that I was in love with the teacher’s best friend. It didn’t help me that we always studied together.   
   
If you are addicted to NQ you need to stop paying for schooling. This here is a SCHOOL OF THE HOSPITAL OF THE BLIND.