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Re: As the choppers hover outside my window
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I hope you appreciate the enormous irony here that Bernie Sanders has made citizens united the first and central tenet of his campaign while also making throwing unsubstantiated shade on Hillary, in exactly the same way as the movie Citizens United financed, the second tenet. He's doing Citizen's United's work for them. |
Re: As the choppers hover outside my window
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I mean, if you want purity, is Bernie really it? From my perspective, a guy I once liked, who I thought was rising above it all back in the debates and getting into good substantive stuff, is becoming an increasingly shallow asshole running a textbook negative campaign when the going gets tough. Yes, I was insomniac last night and actually listened to a recent Bernie speech. |
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Doesn't that list of conservative media scare you? Back when I was a boy, if you referenced conservative media, you were talking about Buckley's National Review, which had meaty, substantive stuff. Or some of the think tanks like the Heritage Foundation that released thick analytical pieces. Today National Review Online competes with drudge to provide shallow ideological rants ... And one of my friends who was at the Heritage fled after the take-over there, fearing what it was becoming. |
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1. National politics, like many hit sitcoms, is about bringing in the biggest audience. How the fuck else would we end up with Two and a Half Men and Big Bang Theory being massive hits? The assholes we get are trying to appeal to as many people in their party as they can without offending potential swing and independent voters on the issues that mean the most to them. That's just the way it is. That's how our system of government is set up. If you keep talking this shit about expecting to vote for a candidate that appeals to you and your little checklist, you might as well jump off a bridge right now. 2. We get the assholes we deserve. This isn't about party heads nominating this person vs. that person. This is about who we select. If we collectively chose to vote or even inform ourselves in the slightest, we'd get better candidates. We don't. Stop blaming the party. We are the problem They deliver the person we deserve. 3. The fact that you're willing to sit and pout in the corner because you're pissy about not having a brilliant candidate to vote for will not change the fact that if more people adopted this dumbass approach to the election, we will have a President Trump or Cruz. Then you can sit in the corner on fucking fire and bitch and moan about the actual destruction of the country. Apparently, the only question here is: What do you want to spend the next 4 years complaining about? Hillary not being perfect for you or the fact that your skin is burnt to a crisp and you're sitting in a hole in the ground trying to avoid the religion police. Get over it, Wonk. TM |
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I need to look at what Adder posted about where Hilary is leaning on banks and assess whether or not I trust her to follow through. That may change my mind on Hilary. But I am not voting for anybody because of what they say about someone else, nor am I casting a vote because it's a vote against another candidate. Stevenson said that in a democracy people pretty much get the government they deserve. I deserve better than a candidate whose primary virtue is that she's less odious than the other guy. That's how I'm going to vote. Perhaps if we all started throwing our weight behind who we felt should do the job instead of what the machine offers us, we might eventually get a choice of candidates capable of governing and willing to do so. From now on, that's the way I'm voting. Everybody else is free to vote for whomever they choose. I plan on using my vote to send a message that I won't accept the people being offered up at the moment. |
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The problem is the other 10%, which is still a larger group than the Nader supporters who brought us the Iraq War. And the fact that Sanders and his supporters are right now feeding the kind of idiocy that will grow this group. |
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Glass-Steagall really wasn't the culprit. It's true that doing away with it ended up putting investment bankers in charge of commercial banks in a way that would have never have happened when it was around. But the fact that these banks had commercial deposits to steady themselves really kept the whole system from completely collapsing. Yes, it took a ridiculous bail-out. But if commercial banks had been completely separate in 2007/2008, every single investment bank would have collapsed, no bank (even with TARP funds shoved down their greedy little throats) would have been in a position to steady the economy by acquiring banks that were on their way to extinction and the whole financial system would have failed. Quote:
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But that's it. TM |
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You know as well as I that the UBS case significantly undercut Swiss banking in a way nothing else has for the last fifty years. You also have a sense for who gets involved in international tax disputes and where the balance of power lies between different agencies like Treasury, Justice and State. So do you think the UBS case was a pro-foreign tax dodge settlement engineered by Clinton as SOS and bought and paid for by contributions, a few years later, by UBS-connected rich swiss folks to the Clinton Foundation? There's one of the little Sander's campaign Citizen's United style hit-jobs that is right in your sweet spot. Doesn't that bullshit annoy you? |
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Enjoy your war with Iran. |
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TM |
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Re: Is Ted Cruz Satan? Discuss.
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I was deemed a bully because a rather delicate poster referred to a CBO release in support of her proposition regarding Obamacare. While the headline may have seemed favorable to her, the text of the release was exactly contrary to the proposition for which it was cited. She was terribly offended when I gently pointed out that given the circumstances, one might conclude (1) she only read the headline before citing, (2) she did read the entire release, but did not understand it, or (3) she intended to misrepresent its contents. People here can generally handle being called out on their BS. |
Re: Is Ted Cruz Satan? Discuss.
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Obviously, in this case, this woman may well be a lazy stupid liar. Watch now. Flower is going to lie about his original intent. |
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Put differently: Would you rather have today's Congress + President Hillary Clinton, or today's Congress + President Ted Cruz? |
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Re: Is Ted Cruz Satan? Discuss.
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If anyone thinks it makes sense to withhold their vote and have people suffer through decisions like these because the Democratic party isn't catering to them enough, then I don't know what to say. This shit has serious repercussions for many, many people. Tell the family members of the people who died in Katrina waiting for help that Hillary just isn't tough enough on the banks. Tell the gay couples who Cruz will completely abandon when all the red states flat out ignore a Supreme Court decision that Hillary's foreign policy isn't to your liking. I need a break. TM |
Re: Is Ted Cruz Satan? Discuss.
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TM |
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We've enabled a situation that can only be unwound with a debt workout of epic proportions. We cannot inflate our way out of it. We cannot lie our way out of it with misleading measures like the unemployment rate or adjustments to our calculation of GDP. The country is diseased with an approximately 1/2 of society who simply cannot afford to live at a decent standard. We cannot pay for them with transfers. We cannot give them better jobs. Our ability to raise all boats with the usual tools is lost for many decades to come to global labor arbitrage and technology. We dither at the fringes and offer silly fixes like "Education will save us!" It will not. The robots and cheaper labor abroad are eventually coming for all of us. We can blame Hillary for Glass Steagall. We can blame bankers, or the entitlement classes, or any other group we'd like to demonize if it makes us feel better. But the only people really worth blaming are All Of Us, and the only fix is a massive repudiation of private debt. This would, of course, savage most of the elites and affluent in the country in the short term. And it would also savage the older people who live on income derived from investment. That's true. But the alternative, which you're seeing right now in the Sanders and Trump voters, is a prolonged populist backlash. It's a splintered country of extreme haves and have nots. It's more Fergusons, more xenophobic demagogues... It's more of the cycle of economic decline > nationalism > war you see played out over and over throughout history. Is there anyone here who doubts that, among prominent Ds and Rs in DC, the following statement has been made thousands of times since we've realized the 2008 collapse could not be fixed with mere monetary tools: "What we need is a good old fashioned war! That'll prime the pump, and reset the chips in our favor." With Hillary, or Trump, you're going to get exactly that. |
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Imagine you are cooking a meal. And you are going to throw out everything that is not perfect. You start by making a pretty good souffle. It's light and airy, a bit cheesy but not too cheesy, and you really do like it. But it just isn't going to fully satisfy your hunger. That's Bernie. Throw him out. The souffle isn't perfect. Then you make a curry. It's got a whole lot of different vegetables, some nuts, some spices. Really a bit of everything. A lot of good tastes, and fairly complex, and much more substantial than the soufle. But almost everyone you are cooking for doesn't like something in the mix, whether it's the cashews or the spices or the vegetables, and it's very hard to match the curry with the right wine. That's Hillary. Throw her out. Not perfect. You're starting to run low on ingredients, but you can still make chili. You throw in the beans, the meat, the spice and get it all going. It's simple, but you hope it will still be good. Even if it is going to be one dish short of a meal. But somehow you can't get it to cook quite right, a bunch of it burns, and it has a bad flavor. That's trump. You really do need to throw him out, or he'll probably make you sick. Now you're left with nothing but scraps, stuff no one really wants to touch. You throw the potato peels and vegetable scraps in with whatever spices you have left. The resulting dish is best described as a thin, disgusting gruel. That's cruz. But you're hungry, it's all that's left for dinner, and now you have to eat him. And make your friends do the same. Because you were holding out for perfection. |
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I also think that many of those banks that were on their way to failure would not have been in that position if they had not been allowed to invest so much of their depositors funds in the bullshit the I-banks were putting out. If they had stuck with things like making commercial loans, consumer loans, home mortgages, etc. they would not have over extended themselves with straight-up wager like credit default swaps. Last but not least, although this is not related to Glass-Steagall, I believe that too big to fail means too big to exist. I know that Bernie wants to break up the big banks. Adder has pointed me to something that suggests Hilary may be in the same place. Concentration in banking has left working poor and lower middle class consumers fucked. Huge swaths of people can no longer get your basic checking account and passbook savings account. How exactly are those people supposed to save and invest if the little money they have that is discretionary is eaten up by fees on prepaid debit cards and account and transaction maintenance fees? Quote:
I want a candidate who intends to keep pushing to get where we should be. The Republicans voted to repeal the ACA 50 times. The Democrats should have introduced 50 bills to make the system single payer, or to make the entire nation one risk pool and make policies uniform, like Medicare Suplemental plans. It's not about winning the fight; it's about not cutting a shit deal and letting the rest drop. For every bill where the Republicans needed a single Democratic vote, the White House should have been pushing for an amendment that gave the people one more break. Quote:
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Hilary won't touch this though, because the biggest welfare benefit in the country right now is the carried interest enjoyed by private equity and hedge funds. Hilary won't try to fix this though, because that's where her financial support lies. So the strongest Democratic candidate is letting the really rich get really richer and the poor get to pay for it. But I'm supposed to worry about religious fundamentalists not having to sell wedding cakes to gay couples? |
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Re: Is Ted Cruz Satan? Discuss.
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The reason we still have carried interest is pretty simple. It's a tax benefit for the wealthy that incentivizes blue state investment. Rs don't attack it because they protect the wealthy, anyone from NY, Mass. or California would be crazy to attack it because most of the benefit flows to their states. Most of wall street isn't too excited about carried interest, that one is for the venture industry much much more than wall street. Wall street cares about offshore hedgefund managers, who pay much less in tax than VCs trying to get cap gains. |
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Money works. |
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While you're at it, let's take a moment to ponder Ed Snowden and the way the NSA and CIA are crawling through your computer, driving, and tv watching habits because both parties think that's just alright. As long as we can keep an eye on those radicalized muslims and their sympathizers. Like you and I. |
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But here's some comfort for you. Whoever wins will be viewed by more than half the country as an illegitimate President. This person will not be respected or treated with dignity by the public or our increasingly audience-participatory media. Trump is proof the office, and politics in general, has degraded to a point where people are probably, in the next decade or so, as things worsen, going to challenge the enforcement capabilities of authorities. Look at Chicago right now. Look at silly things like the Bundy family lunatics. To borrow from the title of a recent great book, there's an "Unwinding" going on all around us.* The suit ascending to the Presidency is MC at the biggest kook carnival in history. If you really hate Hillary so much, vote for her. _______________ * We don't see it so much because we're not of the desperate masses. Trust me, in flyover land, or in the lower middle class to impoverished enclaves of cities, people are fucking nuts. And it's getting loonier by the day. |
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