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louis c Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 08:16 AM
Original message
2009 is over and what has Obama accomplished?
Edited on Fri Jan-01-10 08:21 AM by louis c
First off, for those who don't know, I represent a small labor union in Boston.

Because of the bad economy created under George W. Bush, we faced hardships, just as did many others. Under a new provision called "job sharing" many employees were able to furlough some days, which were picked up by less senior workers, enabling 80% of the workforce to continue to be employed with relatively the same pay and benefits by using limited unemployment benefits (low earnings) to supplement their incomes. The Obama stimulus package reduced each workers payroll tax by about $15 a week, thereby increasing their pay. I addition, each unemployed worker, or those collecting benefits for reduced earnings, received an additional $25 a week. Also, this year, in the stimulus, the first $2,400 of unemployment benefits are tax free. Please note that these benefits became taxed under Ronald Reagan. Fully one third of the stimulus package consists of unemployment benefits, tax cuts for the middle class and health care for laid off workers. When Democrats cut taxes for the middle-class, the Repukes call it "spending" but when the Repukes reduce taxes on the very wealthy, it's called tax cuts.

Second. Obama's wall street bailout is controversial and has its detractors. However, everyone of my members has a 401k. In 2008 it was cut in half due to the poor management of the Bush administration which caused the Wall Street melt-down. Since Obama has been in office, everyone's account has doubled. I'd say that accounts for something, wouldn't you? Rush Limbaugh, Glen Beck and Fox News were howling in March that the Stock Market had dropped 2,500 points since Obama was elected. Not Inaugurated, mind you, but elected, making him responsible for November and December of 2008 and January 2009. Yet, now that the Market has soared while he is actually in office, they give him no credit. Well, I do, and my members thank you, Mr. President.

Third. I remember when President Bush was being vilified for his failures toward the end of 2008. His apologists on the right proclaimed, "at least he kept us safe". I guess that was the reasoning because we had no major terror attack on the home land since 9/11. Well President Obama, thank you for keeping us safe, by that same reasoning. As a matter of fact, President Obama has kept us safer, because by this time into the Bush Administration their incompetence allowed the worst civilian attack on the American homeland in our history.

Fourth. Health Care Reform. I know how hard it is to bargain with people who want you to fail. In Obama's case, he needs 60 Senators and there's nothing he can do to change that. One of those 60 Senators in Joe Lieberman who publicly vilified Obama at the REPUBLICAN Convention just 15 months ago. Senator Reid can move toward reconciliation and pass some aspects of the bill with a simple majority, but Obama can't, he's the Executive Branch. In my job I hate when people criticize me when I'm doing all I can to accomplish a common goal, but the "forces of evil" have the upper hand and you can't get all you want. I will never criticize an advocate for trying. It's a lot better than the alternative.

I closing, Mr. President, thank you for all you have done for us in 2009 and I hope you are (we are) even more successful in 2010.
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Fri Jan-01-10 08:25 AM
Response to Original message
1. Deleted message
Message removed by moderator. Click here to review the message board rules.
 
panader0 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 08:30 AM
Response to Reply #1
3. Happy first post! Welcome to DU. Enjoy..........
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louis c Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 08:31 AM
Response to Reply #1
5. Welcome, newbie
I wouldn't say satisfied, but at least we're headed in the correct direction.
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HysteryDiagnosis Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 08:52 AM
Response to Reply #1
8. Hi Fred, your post... er rather your handle made me think of this,
Edited on Fri Jan-01-10 08:59 AM by HysteryDiagnosis
ON EDIT TO ADD, K&R


I hope it doesn't offend....

Just Fred

A local law enforcement officer stops a car for traveling a bit too much faster than the posted speed limit.

Since he was in a good mood that day, the officer decided to give the poor fellow a break and write him out a warning instead of a ticket. So, he asks the man his name.

"Fred," he replies.

"Fred what?" the officer asks.

"Just Fred," the man responds. When the officer presses him for a last name, the man tells responds, "I used to have a last name but lost it."

The officer thinks he has a bona fide nut-case on his hands but plays along with it.

"So tell me Fred, how did you lose your last name?"

The man replies, "It's a long story so stay with me. I was born Fred Dingaling. I know, I know, funny last name. The other kids were merciless and teased me all the time. So I stayed to myself. I studied hard and got good grades."

"When I got older I realized that I wanted to be a doctor. I went through college, medical school, internship, residency, finally got my degree so I was Fred Dingaling, MD."

"After a while I got bored being a doctor so I decided to go back to school. Dentistry was my dream. I made it all the way through school, got my degree, so I was now Fred Dingaling MD DDS."

"I Got bored doing dentistry so I started fooling around with my assistant. She gave me VD. So, I was Fred Dingaling, MD, with VD."

"Well, the ADA found out about the VD so they took away my DDS so I was Fred Dingaling, MD, VD.

"Then the AMA found out about the ADA taking away my DDS because of the VD, so they took away my MD leaving me as Fred Dingaling with VD."

"Then the VD took away my dingaling so now I'm just Fred."

The officer walked away in tears laughing so hard and tore up the ticket.
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gratefultobelib Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 11:21 AM
Response to Reply #8
18. Very funny!
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madokie Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 08:26 AM
Response to Original message
2. May peace find its way our way
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KharmaTrain Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 08:30 AM
Response to Original message
4. Well Played...
Of course we'll be labeled "cheerleaders" for seeing things this way...and so be it.

This has been one of the roughest years I can remember...the booooosh hangover is just kicking in. The world President Obama walked into on January 20th was on the edge of financial meltdown...the market lost over half its value and a total collapse was staring us in the face. Even FDR didn't have that scenario. He showed a discipline and skill in handling the immediate messes that was 180 degrees from the booosh regime. The messes remain and big problems remain...2010 will have its share of hardships as well, but I see improvement.

Unfortunately the immediate messes have delayed many of the promises of this administration and the bitter partisanship and obstructionism has made moving legislation very difficult. It's stuck us with a substandard healthcare bill, but at least its a movement towards fixing another mess rather than maintaining the status quo or going with the GOOP "plan" to privitize everything.

There's a lot of work ahead and many minefields to manuever, but I feel a lot better today with this administration than I did with the pervious regime or the dreadful concept of a McCain/Palin one. :scared:

Happy New Year...
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sendero Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 08:49 AM
Response to Original message
6. Remember..
.... unrealized (not cashed out) gains in the stock market are illusory.

The stock market rise is the result of big banks borrowing gzillions of dollars INTEREST FREE and speculating with it.

There is no economic underpinning for what the stock market is doing. The BULK of trading being done today is done by the big IBs.

It is a game, and it will eventually end. The banks will choose when, they will get their money out first. The suckers in 401K will take it in the shorts, again.

Play at your peril.
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SammyWinstonJack Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 10:20 AM
Response to Reply #6
15. +1 nt
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Statistical Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 10:28 AM
Response to Reply #6
17. Must be a reeaaaaaaaaaaaaaaaaaaaaaalllly long game then.
Seeing as money I invested 20 years ago is still profitable.

Banks must be just taking there time before they rob me.

lol

What is funny is the same people who think investments are for suckers and spend 100% of their income for 30+ years are equally surprised when they find out SS income is a joke.

There is no such thing as a stock market. It simply is a market for stocks.

Do you think companies like Apple, Caterpillar, Exxon Mobile, Boardwalk Pipelines are making real or imaginary profits? If they are real they owning a portion of THOSE companies (not some magical "market") is beneficial.
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AllentownJake Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 11:25 AM
Response to Reply #17
19. The indexes are below where they were 10 years ago
If you take into account 10 years of inflation, they are even lower.

As the baby boomers retire, and the quality of jobs that they left for their children and grandchildren is less than the ones they held, they are going to have an interesting supply and demand curve to deal with.
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Statistical Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 11:29 AM
Response to Reply #19
20. Don't invest in indexes, invest in good companies.
But even the indexes being lower than 10 years ago misses the point.

Investing is a lifetime accumulation of wealth. Unless someone only worked 10 years the 10 year metric is useless. Someone retiring today likely began working 30-40 years ago. Now look at the index over 30 years and be sure to add 30 years of dividend payments.

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AllentownJake Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 11:34 AM
Response to Reply #20
21. I do not like the stock market from an economic perspective
Edited on Fri Jan-01-10 11:35 AM by AllentownJake
I prefer the way things were before the 401(k) and there was a limit on Pension funds on the equities they can hold.

I prefer bonds to stocks, it requires continue economic development. A stock's capital is eaten up by the company the moment they issue it, they don't have to pay it back and they can issue more with approval of the board, however, I prefer the lending model to the equity model. It requires more long term strategic thinking than the short-term bullshit companies engage in now, particularly from their executive class.

Dividends are still considered rather quaint now and there is much more focus on capital appreciation.

The 401(k) has been the most economically devestating weapon of financial destruction in world history.
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Statistical Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 12:48 PM
Response to Reply #21
25. 401k =/= stocks. My 401K has 5 bond options.
Anyways while dividends may be "quaint" there are 60 companies in fortune 500 with dividend yields over 4%

http://www.indexarb.com/dividendYieldSortedsp.html

There are also hundreds more which issue high yield dividends and have business models with solid cashflow like BWP

http://www.google.com/finance?q=bwp
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AllentownJake Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 01:23 PM
Response to Reply #25
30. Not disagreeing totally with you
However, we both know realistically, where people have put their money the past 20 years, and right now we are living with the results.

It will be an interesting year when T-bond interest rates start increasing as the debt becomes harder to finance.
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dionysus Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 06:51 PM
Response to Reply #21
37. i have a lot of international bonds, US bonds, and cash in my 401k...
Edited on Fri Jan-01-10 06:51 PM by dionysus
you think way too simply jake.
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sendero Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 03:23 PM
Response to Reply #20
34. Yeah..
... given what the markets have done over the last 10 years, the time horizon now has to get stretched out for decades.

You'll forgive me if I don't want to play a game where I don't find out if I won until I'm on my deathbed.

The stock market is rigged and controlled outright be the big IBs. You will make money IF you figure out when they have decided to cash out.
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Statistical Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 03:27 PM
Response to Reply #34
35. Keep telling yourself that. Keep those prices lower for me.
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midnight Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-02-10 07:50 AM
Response to Reply #20
43. What do you consider ten good companies?
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Statistical Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-02-10 04:44 PM
Response to Reply #43
50. well always investigate your own choices but....
PEP - Pepsi
WMT - Walmart (you could substitute a specialty retailer if you are "anti-Walmart" such as BBY, GME)
GOOG - Google
WFC - Wells Fargo
CAT - Catepillar
BWP - Boardwalk Pipelines
DUK - Duke Energy
XOM - Exxon Mobile (you could substitute First Solar FSLR as it has high correlation w/ price of oil)

Also need some foreign exposure so I like:
VALE (ADR) - Vale (Brazil Mining Company)
CHL (ADR) - China Mobile
TSM (ADR) - Taiwan Semiconductor

If you don't like to buy individual foreign stocks ETF are a good option such as EEM, FXI, EWZ. Generally I like to buy individual companies rather than mutual funds but ETF can be good for niche segments like emerging markets, or China exposure.

I also like the following companies long term (and have owned them in the past) but feel the stock prices has gotten WAY ahead of fundamentals so I wouldn't buy them now (too much risk IMHO).
AMZN - Amazon
AMD - Advanced Micro Devices
VZ - Verizon
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sendero Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 03:21 PM
Response to Reply #17
33. They are making real profits..
... but not remotely high enough for the prices of their stocks.

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Chipper Chat Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 08:49 AM
Response to Original message
7. Your mention of LIEBERMAN makes me puke.
I only hope Connecticut makes him disappear asap. He truly deserves the moniker "Scumbag."
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FLAprogressive Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 08:54 AM
Response to Original message
9. points for it not being "the list" but while wall street is doing great main st is still suffering
and Obama's DLC team isn't interested in helping main street, only wall street.
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lpbk2713 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 08:57 AM
Response to Original message
10. He got a dog.






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NJmaverick Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 09:05 AM
Response to Original message
11. Very well said, thank you for sharing your thoughts
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madrchsod Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 09:10 AM
Response to Original message
12.  medical insurance companies are really happy
obama is giving them tens of millions of new customers to bleed. the military industrial complex is just crazy about obama...he`s given them everything they need to bleed what ever money we have left.

but this is a new decade so it can`t be as bad as the last or can it?

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doc03 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 09:28 AM
Response to Original message
13. The Democratic Congress and Obama have pretty
much pissed everyone off right, left, center, rich, poor, gay, straight and elderly etc.
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truedelphi Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-02-10 03:27 AM
Response to Reply #13
40. gee could it be that if Obama had thought enough of those groups to include
Us real Americans that he might have included just one elderly, or LBGT or impoverished person to serve as an adviser, then maybe some of us would feel as though we were being heard?

The only people he has really listened to are the Wall Street Rich...
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Roon Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 10:16 AM
Response to Original message
14. He told the feds to back off the medical marijuana users
Here in Colorado.
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lame54 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 10:21 AM
Response to Original message
16. Myth - He doesn't need 60 votes to pass it
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emulatorloo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 02:36 PM
Response to Reply #16
31. TRUTH - Reid needed 60 votes to get it past a filibuster. So they could vote on it.
Then Reid just needed 51 votes.
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lame54 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 02:51 PM
Response to Reply #31
32. a threatened filibuster
Edited on Fri Jan-01-10 02:51 PM by lame54
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EFerrari Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 11:37 AM
Response to Original message
22. He appointed Sonia and she's gonna rock the court.
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Scurrilous Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 11:38 AM
Response to Original message
23. K & R
:thumbsup:
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bvar22 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 12:26 PM
Response to Original message
24. Many Accomplishents!
*WARS fully funded and EXPANDING. Bill sent to our children…...Mission Accomplished !

*Trillion Dollars given to friends and campaign contributors on Wall Street. No Strings Attached...Mission Accomplished!

*Military Spending INCREASED....Mission Accomplished!

*Trillion+ Dollars given to the Health Insurance Industry. Easily Avoidable, symbolic only strings attached....Mission almost Accomplished!

*Force all Americans to buy invisible products from For Profit Corporations who produce nothing tangible and create no wealth.....Mission almost Accomplished!

*Kill the possibility for a REAL "Public Option" or REAL Universal Health Care for at least another generation, and begin the “Entitlement Reform” defunding of Medicare (-$500 Billion)....Mission almost Accomplished!

*Block ANY REAL re-regulation of BIG BANKS and Credit Cards....Mission Accomplished!

*Protect the Bush War Criminals and Torturers from JUSTICE....Mission Accomplished.

*Throw the GBLTs under the bus and expand "faith based" initiatives....Mission Accomplished!

*Reinforce the worst Police State provisions of the Patriot Act....Mission Accomplished!

*Protect the very richest. Tell the Working Class that they CAN WILL compete with 3rd World Slave Labor for their jobs.....Mission Accomplished!

*EFCA (Employee Free Choice Act) killed in the crib....Mission Accomplished!

*More Anti-LABOR "Free Trade"....Mission almost Accomplished!

*Jobless Recovery....Mission Accomplished

*The Democratic Wing of the Democratic Party SHUT OUT of the Obama Administration…...Mission Accomplished!

*Accelerate the destruction of Public Education...Mission Accomplished!

*Bury next generation under such a debt burden that they will never be able to afford any social or economic programs that will benefit their Working Class....Mission Accomplished.


"There are forces within the Democratic Party who want us to sound like kinder, gentler Republicans. I want us to compete for that great mass of voters that want a party that will stand up for working Americans, family farmers, and people who haven't felt the benefits of the economic upturn."---Paul Wellstone




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freddie mertz Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 01:00 PM
Response to Original message
26. Some good points, but HCR ended in a rather obvious capitulation to corporate interests.
It's hard to believe that Democrats (as I once knew them) would propose, vote for, or praise legislation that established a privatized system of mandated health "insurance" without any real public alternative or strong price controls.

On that one, I think it is a sad moment for the party, the president, and the nation.
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Kansas Wyatt Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 01:02 PM
Response to Reply #26
27. I feel like shit...
So ditto.

+1
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freddie mertz Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 01:09 PM
Response to Reply #27
28. Yes I know. And the fight for progressive policy is going to be that much harder now...
Thanks to the apparent victory of the "Centrists" in the party and the defensive attitudes we will encounter from most of the so-called progressives in the House and Senate.

It's a cold new year for those who continue to believe that health care should be a right, not a privilege (or a mandated, over-priced, and under-performing commodity.
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laughingliberal Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-02-10 04:24 PM
Response to Reply #28
47. +1 nt
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LWolf Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 01:15 PM
Response to Original message
29. He's escalated the war on terror and the war on public education.
I don't appreciate it.

Of course, I'm a believer in peace, and I'm a teacher.
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Demeter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 05:12 PM
Response to Original message
36. He's Pissed Away Opportunities and His Base and the Treasury and the Armed Forces
but other than that, I have no complaints.
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MH1 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-01-10 10:27 PM
Response to Original message
38. nice post
thanks!
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truedelphi Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-02-10 03:19 AM
Response to Original message
39. Let me address your point number two.
Edited on Sat Jan-02-10 03:23 AM by truedelphi
Yes it is good that the many people in this nation who have worked hard (in some cases for decades) to build up 401 K and other retirement funds, have seen their investments return to them. (or rather, return to the valuation of the paper they hold regarding those holdings.)

Great. However, here is why so many here (especially over in the Economy forum) are so sharply critical of the strategy that has been taken - It was wrong.

Number One - it was morally wrong. It was morally wrong to reward the very people who set up the collapse with the monies and largess of Main Street's forced generosity.

But AND MORE IMPORTANTLY Number Two - it was also done in such a way that there is no guarantee than on Monday, January 4th or Feb 1st, or March 16th or April 10th, that the whole economy will not implode once again.

Two experts were on the PBS Newshour last week. And both of them stated for the record that NOTHING has come about in terms of regulations and oversight of the Big Firms doing the trading that ensures that what happened in Sept 2008 will not happen again. There are derivatives being created that are just as inane as the derivatives that brought about the original collapse.

The return of the retirement funds and their valuation is simply another bubble. And like the dot com bubble before it, and the real estate bubble that followed, it will implode. I refer you to what happened just several weeks ago when the Financial Dubai Firm decided to forget about paying some 60 billion it owes us. All we need is a half a dozen other firms that size to not pay back what they owe, and then what is to stop everyone from defaulting?

Or what happens to the economy if there is a huge earthquake in Silicon Valley? Or the Sacramento/Central Valley system of levees breaks and outright destroys two million households and furthermore takes out the drinking water system for twenty five million Californians? Any fly in the ointment, and you may see a whole slew of devaluation of our economy erode overnight.

That is why Obama is not getting so much praise on the economy. And every dollar that was spent on Wall Street is money that could have been given directly to any of the 26 states that are teetering on the brink of financial exhaustion. To keep a teacher employed, or a social worker, or a project manager, or even to give California a new levee system.

If they fool us once shame on them. If they fool us twice, then shame on us...

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louis c Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-02-10 05:47 AM
Response to Reply #39
41. That's fine, but if we now can't trust Obama and the Congressional Democrats
what then?

I'm 57 years old, too old for a Revolution or to scrap our current two party system and start to gather signatures for a Constitutional amendment to start a Parliamentary system.

In other words, we're stuck with what we have.

I remember when I was a politically active 16 year old and I hated the war and helped defeat LBJ. We all sat out the HHH election and ended up with Nixon.

I remember Ted Kennedy took on Carter because he dragged his feet on Health Care reform. I helped Kennedy. We got Reagan.

In 1994, after NAFTA and GAT a lot of labor sat out the 1994 election and we got Gingrich and 14 years of a Repuke Congress that dismantled the New Deal.

I'm with Obama. He may not be perfect, but he's the best we're gonna get. I've learned my lesson. The hard way.
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truedelphi Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-02-10 04:19 PM
Response to Reply #41
46. We are only as stuck as we think we are.
You my friend are stuck.

I am not.

I am a year older than you, and if I have to spend every remaining day of my life attempting to change things, well so be it.

The Abolitionists understood that the struggle would take a long long time.

So did the Suffragettes, even when they were jailed, beaten and in some cases raped.

The people who died in the streets in the 1890's to secure the right of workers to be little more than slaves, they knew it would take a long time.

Likewise those who manned the barricades for the sake of the Unions, in order to end child labor, in order to promote the ideas of peace and non nuclear proliferation, those fights all involved a long time.

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truedelphi Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-02-10 04:26 PM
Response to Reply #41
48. BTW, I do invite you to join me.
At some point we will both be ten years older than we are now. Whether we quit changing the system, or continue to work on changing it. So we might as well keep our shirt sleeves rolled up and keep on truckin'.
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louis c Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-03-10 09:28 AM
Response to Reply #48
51. I enjoy your banter
but I am not looking for immortality.

Those struggles you listed are over, and now every time we elect a Reagan or a Bush, we move back wards.

On a personal note, my friend, my Filipina wife and I have 22 acres on the Island of Ilo-Ilo. There, we are just finishing our house (will be done in June). There is a farm and family adjacent to us. My days of struggle are coming to a close. I've been on this hunt for 40 years, and I'll keep it going for another 8 years. After that, some one else has to pick up the slack, because I did the best that I could, my conscience is clear and I'm happy with my life.
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truedelphi Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-04-10 04:05 PM
Response to Reply #51
52. If you are living on an island, this might not be the end
Of your days of struggle. Unless you've chosen a rather mountainous island.

In any case, may prosperity and peace be yours. And if you should see a canoe floating your way, with the "Flag of Delphi" high above it, I might just be popping over for a visit.



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louis c Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-04-10 10:57 PM
Response to Reply #52
53. You will be welcomed
Edited on Mon Jan-04-10 10:59 PM by louis c
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laughingliberal Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-02-10 04:32 PM
Response to Reply #39
49. Very good analysis and exactly what I was thinking as I read that part
Great people are seeing their 401k's restored but, as none of the underlying deficiencies in the system which led to the meltdown have been corrected, we are likely to see another meltdown with subsequent loss of the gains people think they are making. I was impressed with President Obama's talk about moving toward sustainable growth and away from the bubble/bust cycles but have noted his economic team is not addressing the problems that created this mess but are, in fact, continuing on the same failed path.

I can agree with the OP on the first part about the help for the unemployed and note that, although I did not think the stimulus bill contained enough funding or exactly the right mix, we were dealing with less that 60 Democratic Senators and did have to compromise to bring those 3 Republicans on to break the filibuster.
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gleaner Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-02-10 07:25 AM
Response to Original message
42. Nothing good ... n/t
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WillieW Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-02-10 08:15 AM
Response to Original message
44. Thanks for this post
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Laelth Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-02-10 08:41 AM
Response to Original message
45. It's a mixed bag, really.
The stimulus bill was a massive achievement. The nomination and confirmation of Sotomayor as a Supreme Court Justice was a stroke of genius. The Lilly Ledbetter Act was a long-needed change to civil rights law. A number of evil Bush-era executive orders were overturned, and it's nice to have people running the government who actually want to make it work and have no desire to drown it in a bathtub.

On the other hand ...

Transparency has been lacking. Labor continues to suffer (EFCA was destroyed). The Obama Justice Department defends torture and executive secrecy while shielding Bush-era suspects from prosecution. Our military has left neither Iraq nor Afghanistan. Guantanamo Bay remains open. Obama's attempt to help struggling homeowners has actually assisted only 4% of those who need aid. Obama's attempt to reform credit card abuses has been a miserable failure. Our GLBT sisters and brethren have been snubbed by this administration time and time again. The "health insurance reform" bill that seems likely to pass is a very bad idea for many reasons, not the least of which being that it's little more than a massive, Federal bail-out of the health insurance industry that will only strengthen those institutions and make them harder to fight in the future.

Over time it is becoming more clear that Obama's is a "Third Way" Democratic administration that caters to corporate interests and puts the needs of the people second.

So, in sum, it has been a very mixed bag so far. Here's to hoping that 2010 will be better.

:dem:

-Laelth
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Hekate Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-04-10 11:06 PM
Response to Original message
54. Kick. Thanks for your point of view.
:hi:

Hekate

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