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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: ChinuSFO who wrote (175386)	11/5/2011 3:20:06 PM
From: koan	Read Replies (1) \| Respond to of 545708

Chinu, no one is bashing Obama. What maybe you do not understand is that some of us have spent our lives committed to developing a personal phiosophy of life and telling the truth, whatever it is, and the truth is central to that philosophy. And we will even sacrifice ourselves for the truth. You and sioux pal banned many of us for simply telling the truth about Obama which has now been verified from many reliable sources. You saw the error of your way and recanted and get credit for that. To ban someone for telling the truth (a substantiated truth) in a polite manner is the worst thing one can do in a civilized society if we are are to continue to be civilized. This is the latest from Joe Klein. Joe Klein tells the truth and knows more than almost anyone about politics. And I quote from this weeks time magazine: He is saying why it will be hard for Obama to be a Populist. "Obama was faced with a stark economic policy choice after he was elected and he chose wrong. The president could have taken the painful path of real Wall street reform, espoused by former Federal Reserve Chairman Paul Volker-who might have been Obama's Treasury Secretary--and consumer-credit reformer Elizabeth Warren. This would have meant restructuring the big banks. It would have meant reimposing real regulatory reforms-like the Glass- Steagall Act, which prohibited traditional banks from engaging in most fancy Wall Street derivatives gambling. And it might even have meant imposing a tax on Wall Street transactions, especially financial derivatives, in order to discourage the speculative churning that helped collapse the market. It would have meant that the big banks paid a price for their bailout. Instead Obama went with the Wall street establishment. He chose Timothy Geithner as Treasury Scretary. Suskind makes a compelling case that Geithner ignored or slow walked the presidents desire to break up Citibank, an institution that remains a mess to this day. Geithner was also vehemently opposed to naming Warren, one of the financial experts as head of the Consumer financial protection agency. Then Obama chose Summers as head of the National Economic Council who in a previous incarnation pushed the Commodity futures Modernization act which prohibited the government from regulating financial derivatives. That alone should have disqualifide him from serivce in a Democratic administration. There is more to the article I will not bother to post.

To: ChinuSFO who wrote (175386)	11/6/2011 11:04:05 AM
From: Wharf Rat	Read Replies (2) \| Respond to of 545708

The protesters have made it clear that they have little interest in electoral politics, though. Several said they became embittered after campaigning and voting for President Obama, only to be repeatedly let down. nytimes.com The group’s supporters, meanwhile, are waiting for the protesters’ next move — whatever it may be. “We don’t know what we’re supporting yet,” said Ed Ott, former executive director of the New York City Central Labor Council. “But what I’m learning is that 60-year-olds don’t make revolutions; 20-year-olds do.” = When I don't have water to flush my toilet, it's my fault, since I run both the water company and the waste treatment plant.