I don't know. Why hasn't the cure for AIDS been found yet?
Elizabeth Warren on Barack Obama "They Protected WallStreet"
- Thread starter CACtain Planet
- Start date
And you don't know why it didn't happen either.I knew that before I asked you but I thought id give it a try
Yes. Something that isn't even the right word to use in this situation happenedpayola
Yes. Something that isn't even the right word to use in this situation happened
If you knew about which Blue Donkeys had what ties to which WallStreet Firm, Bank, Health Insurance Corporation that sat in what committees in 2009 then maybe you'd get why I used the term "payola"
Primordial
Pro
Exactly, she is a hack gearing for that run in 2016. She talks as if she isn't in a position to do something about it
Koapa
Superstar
When things don't look good Democrats are the first to jump ship. I do remember how disgusted the Republicans were after the election in 2008. And I dod remember Mitch McConnell saying this:
The president had a solid House against him and bytch azz Democrats on his side. In all honestly, Wall Street has always ran the White House and they run circles around the regulators (SEC).
The president had a solid House against him and bytch azz Democrats on his side. In all honestly, Wall Street has always ran the White House and they run circles around the regulators (SEC).
Still doesnt change the fact that Dems had control of Congress and the Presidency in '09 though.. If they was really about that life they could have jammed whatever meaningful WallStreet reform legislation through the pipeline before repubs took back the House in '10..but as I said before payola gets in the way
Type Username Here
Not a new member
Man, you don't even need to point towards that alone. Larry summers, Geithner, Holder, having health insurance companies at the table from the start. Extending Bush tax cuts. Then you have him putting lobbyists in charge of the FCC. Having his justice department and homeland security department work at the behest of banks to stomp out the occupy wall street protests.
It's disgusting. Reaganomics light.
This right here should have been the wake up call to everyone still trapped in the red/blue paradigm... still amazing how some people will defend the Obama Administration's actions to derail the occupy wallstreet movement to this day smh
I see your point, agree with your point, but I think you should angle your point in a different direction. Established democrats are about the status quo. They have no problem going back to the 2004 economy as long as they can prevent or prolong the 2007 recession. (I hope that sentence made sense).
So while you have a long term goal of financial stability, those democrats, along with those republicans, have a vision of long term profits. Two different end games really.
So though they had control of the house and senate, they were too scared of reconfiguring the system because they honestly had no problem with it in the first place. They were more afraid of losing congressional seats by telling the truth than fixing the system and setting the record straight.
I hope that made sense. I'm drunk. My points may be too vague (it took me 5 tries to write vague)
I definitely agree with your points about the established democrats (and republicans) wanting to protect the status quo which is why Ive always maintained that as much as people (specifically black folk) want to believe in the democratic populists rhetoric and marketing tactics during campaign season as it pertains to economics, there policy proposals when they actually get in office does not match up.