People Are Hurting, People Are Angry.........How do we "whip up the level of outrage" to get action? It Is Time to get Congress to fall in line.
Someday people are not going to take it anymore, but when? How to deal with the robber barons, the horse thieves, those who caused the melt down, or those who enabled it, whether on Wall St or in Congress?
How to restore trust in our system, to institute reform, to pass new regulations, institute new laws?
Since September 2008, trillions out to save Wall St. in addition to the Bail-out, and what new laws have been passed?
We are all on to the Wall Streeters, but it seems Congress is missing in action.
People protesting as they are losing jobs, health care, farms, losing homes, savings, businesses, more homeless on our streets, and yet Wall St. floods Congress with money, fighting bank reform.
At least half a dozen leaders of the Republican Party have joined forces to create a new political group with the goal of organizing grass-roots support and raising funds ahead of the 2010 midterm elections, according to people familiar with the effort.
The organizational details of the group, expected to be called the American Action Network, are still being worked out, but it is expected to contain both a 501(c)3 and a 501(c)4 component. In simpler terms, a 501(c)3 can advocate on policy matters while a 501(c)4 is an election arm.
Republican leaders expected to be affiliated with the group include former Minnesota Sen. Norm Coleman, former Florida Gov. Jeb Bush, Mississippi Gov. Haley Barbour, former Bush adviser Karl Rove, Republican strategist Ed Gillespie, and Republican donor Fred Malek.
Very rarely does Rachel Maddow lose her temper. Rather, she usually engages even the worst issues with a snarky, cheerful grin, but if you see the look on her face at the end of this segment you will see the burning rage that I have a LOT of trouble surpressing, especially on topics such as these.
Behold the TOTAL DESTRUCTION of America's Pro-SLAVERY capitalist status quo, courtesy of the wit and brilliance of Rachel Maddow.
Back in late September, Alan Grayson (Big D-FL08) grilled Federal Reserve General Counsel Scott Alvarez on whether or not the Federal Reserve has manipulated the stock and futures market. Since this hasn't been diaried and Sunday is a slow news day, I thought it would be fun to watch Alan Grayson in action in a bit of a flashback.
(UPDATE: Unfortunately and oddly, the video is no longer working for some strange reason. Good thing I transcribed it when I did. I am looking for another version of the same vide, so hang in there until I can find it
Yesterday, in a NYTimes Op-Ed titled "Reform or Bust", Nobel Economist Paul Krugman gave some well needed advice on good economics and good politics that President Obama and Democratic members of Congress should listen to.
It's not just that taking a populist stance on bankers' pay is good politics - although it is: the administration has suffered more than it seems to realize from the perception that it's giving taxpayers' hard-earned money away to Wall Street, and it should welcome the chance to portray the G.O.P. as the party of obscene bonuses.
Equally important, in this case populism is good economics. Indeed, you can make the case that reforming bankers' compensation is the single best thing we can do to prevent another financial crisis a few years down the road.
One obvious point is the need, politically, to make the GOP the party that defends huge Wall St salaries and bonuses, which they will do anyway and gladly. Politically, the GOP can not be for the bonuses. They just can't. Even more so, they can not be against the regulations AND against the bailouts. It just won't work. Like Saruman in Lord of The Rings when confronted by Gandalf and the Riders of Rohan at the foot of Orthanc, the GOP can not be all things to all people, or against all things either. When too many eyes are watching at once the illusion is broken. The GOP can not be against all cures and still appear in the populist corner, as their teabagging antics try to portray, badly. The GOP must stand for something, and they do, they stand for the Super Rich and Corporate Wealth. Proving this is very important.
Recently wingnutty teabagging Republican Senator Jim DeMint (C Street-SC) offered his answer to all that economically ails Wall St. Guess what? His answer; More Tax Cuts!
Instead of looking at more regulation, we could do a lot by fixing our tax system here in this country, to make us globally competitive. The President needs to focus on what really has caused problems and look at what has really made America so prosperous, and I'm afraid that's not the lens he's looking through right now.
Because who would think that cutting taxes for Wall St would be kind of rewarding for them, or a serious attempt at real reform.
The GOP has NO new ideas, and the only ones they do have are Failed, totally and utterly Failed. Bipartisanship with these guys is a sort of cheating off of the dumb kid in class at ths point. It WILL NOT WORK. I understand why Obama has made the effort, but no it is time to play hardball, it is NO LONGER the time to keep trying to make the GOP feel good about themselves, especially when their ideas suck and they hope you fail.
Reform Immigration -
March on Washington
