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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: ChinuSFO who wrote (103752)	11/2/2011 9:10:51 PM
From: RetiredNow	Respond to of 149317

No. Socialism is when you tax the general population to provide benefits to some subset of the population. What Bernanke and Obama have done with the criminal banks is absolutely socialism. It's taxing the general population to redistribute wealth from the 99% to the top 1%. What I'm advocating for with the banks is trust busting and based on free market principles, just like we did with AT&T. When AT&T got too big and too monopolistic, our government broke it up into all the Baby Bells, which increased competition and created a boom in consumer benefits. Of course, the Telecom Act of 1996 helped. With the banks, instead of bailing them out because they are ostensibly too big to fail, our government needs to seize them and break them up. If they need to be recapitalized, then they need to sell off assets to raise the capital and force the banks through bankruptcy restructuring. That way only shareholders of the banks and the bondholders are hurt, not the American taxpayer. None of this is socialism. It is actually a return to free market principles, and it hurts the very people who created the mess in the first place, while shielding the 99% of us who are innocent in this mess.

To: ChinuSFO who wrote (103752)	11/2/2011 10:36:56 PM
From: zeta1961	Read Replies (1) \| Respond to of 149317

Repost from Pal's thread re: voter suppression issues. Snip from the WSJ posted on Dkos. By this spring, the Obama re-election campaign will mount what Mr. Bauer[former house counsel] called an unprecedented "voter protection" effort, fielding thousands of volunteers in battleground states to help navigate new election laws, months earlier than past efforts."We will look at what the state has done, look for ways to counter it, through litigation sometimes, through administrative interpretation sometimes. But beyond that, you have to have a program that actually goes out and shows voters what they need to do," a senior Obama campaign official said. [...] More than 30 states have changed voter laws since 2008, including seven that added requirements that voters show photo identification at their polling places. Republicans say limits on early voting are needed to cut the administrative costs of elections, and new I.D. requirements are necessary to defend polling places from fraud. Democrats say both types of rules are aimed at suppressing their vote. The Obama campaign was adept in 2008 at bringing first-time voters to the polls during early voting periods, and groups it's now targeting—students, the elderly and the poor—are the most likely to not have a government-issued photo I.D. More here: dailykos.com