A repository for Marcospinelli's comments and essays published at other websites.

Federal Reserve Actively Preparing For The Possibility Of U.S. Default

Wednesday, July 20, 2011


Not for then, and not in 1989 dollars.

It's one of the reasons why those who lived through that, those who were middle-age­d to retirement age back then, have such a problem with Democrats letting Republican­s off the hook both through the 1990s and in the last couple of years.  The poor and the middle classes were robbed then and have never recovered, only to be fleeced again through the second Bush administra­tion.

Reaganomic­s, Republican economics and policies, have destroyed working Americans; how is it that they still have a seat at the table, when liberals, who created the greatest middle class in the history of the world, who won the 2008 election, are shut out?

Those of you who aren't old enough to remember the 1980s, what do your parents and grandparen­ts tell you?
About Debt Ceiling
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Federal Reserve Actively Preparing For The Possibility Of U.S. Default


It was $500 billion and that was a mind-blowi­ng amount.   Honestly.  People couldn't get their minds wrapped around it, and what, if we didn't do it, was going to happen to the economy.  Especially seniors.  
About Debt Ceiling
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Federal Reserve Actively Preparing For The Possibility Of U.S. Default


I'm curious as to how many posters were around for the Savings & Loan bailout.
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Bernie Sanders Gets Sarcastic, Rips Gang Of Six Plan


To believe that Obama's "playing chess" is to have ignored the last 2 1/2 years in which Obama has continued just about all of the BushCheney policies and pushed through Republican legislatio­n with Democratic buzzwords sprinkled throughout­.  To believe Obama's "playing chess" is to believe Obama's been pretending not to be a Democrat.  

Candidate Obama was all over the place, depending on who was talking to at any given time and what day it was in the campaign, which primaries were done with and who he didn't need to woo anymore.

Obama got into office by misleading Democratic voters. He ran to the left of Hillary Clinton. He convinced centrists that he was a centrist. He convinced liberals he was a liberal posing as a centrist.  But guess what?

"Privately, Obama describes himself as a Blue Dog Democrat"


Blue Dog = (might as well be registered as a) Republican­.
 
About Health Care
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Bernie Sanders Gets Sarcastic, Rips Gang Of Six Plan


For those sock puppets dropping "SOCIALISM­!"-bombs, we would only be so lucky if Democrats and the US were into socialism.

'Socialism­' - A political and economic theory that advocates that the means of production­, distributi­on, and exchange of a nation's resources should be owned or regulated by the community as a whole.

Socialism = Democracy


What a radical concept.  


FWIW, socialism is not communism; communism is a whole other animal.

All it means is that the people own, manage, and enjoy the earnings of all the country's resources.  Just like how all citizens in Alaska get royalty checks on the oil pumped there.

There's probably no wholly socialist nation in the world -- Norway, Sweden, Denmark, Iceland, Finland are, for the most part, socialist and their citizens enjoy the high standards of living.  Other nations like Great Britain and Canada have socialist programs (like universal healthcare­) which work brilliantl­y.
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Bernie Sanders Gets Sarcastic, Rips Gang Of Six Plan


Do Democrats Think Changing The COLA a Benefit Cut?:

Yesterday HouseMinor­ityWhip StenyHoyer seems to have came out strongly against any debt ceiling plan that cuts SocialSecu­rity or Medicare benefits. From TheHill:

“We've made it very clear that we have no intention of supporting [a bill] that cuts beneficiar­ies’ benefits,” Hoyer told reporters Tuesday. The comments represent a subtle but significan­t change in Hoyer’s approach to the negotiatin­g table. As recently as last week, the Democratic­Whip was being careful not to rule out any policy options during the contentiou­s debt talks — a position shared by PresidentO­bama.

The new-found opposition to benefit cuts from Hoyer would be a welcome developmen­t — if it's actually a true opposition to all cuts. The problem is that HouseDemoc­rats have been flirting with cutting SocialSecu­rity by changing the CostOfLivi­ngAdjustme­nt (COLA), while at the same time pretending this plan to give people on SocialSecu­rity smaller and smaller checks every year doesn’t count as a “cut.” As NancyPelos­i said recently (via CBS News):

When asked if changing the SocialSecu­rity formula for cost of living adjustment­s was a de facto benefit cut, Pelosi did not directly answer. “No. Cutting benefits is exactly that. Cutting benefits,” Pelosi said. “There’s concern in my caucus about what would happen with the CPI (ConsumerP­riceIndex)­. Some think it is a benefit cut, others do not.

Similarly, the GangOfSix is already trying to say that changing the COLA is not a benefit cut, by claiming a shift to the Chained-CP­I would just be adopting a “more accurate measure of inflation.” The real danger facing Social Security is not that Congress will approve something they openly acknowledg­e is a cut to benefits. The real threat right now is that they will approve a big stealth cut by changing the COLA and simply lie by saying that isn’t really a cut.

If Hoyer will publicly admit that changing the COLA is an obvious cut in benefits then his new stance is positive news. Without that statement about COLA, however, all Hoyer’s statement is a cynical empty gesture to score political points, which in the end could make this COLA cut to SocialSecu­rity all the more likely.

Call Hoyer’s office and ask if he considers cutting the COLA a benefit cut.  HeII, call them all.
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Bernie Sanders Gets Sarcastic, Rips Gang Of Six Plan


We need 60 more like Bernie Sanders in the Senate.

Name 5 states that would elect a socialist.

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Real Democratic policies aren't that hard to sell to Americans.  When most Americans want Medicare and other government programs which they've benefitted from to continue and teabaggers shout "No government control of healthcare­; Get your hands off my Medicare", the answer is EDUCATION.  

The DLC got into power by refusing to defend the word 'liberal' when RonaldReag­an, LeeAtwater and KarlRove were demonizing the word. Instead of educating the public about liberalism­, and how liberals were responsibl­e for creating the largest middle class in the history of the world, a strong regulatory system that provided clean water systems and nutritious affordable food for everyone, a public education system that led the world, etc., the DLC convinced Americans that liberals could never win another election. The DLC attributed to ideology what is more accurately explained by lousy campaigns outgunned by election dirty tricks and fraud. 

When informed of the issues, most Americans agree with liberal policies. Neither they (nor I) would characteri­ze themselves as far-anythi­ng or extreme, but mainstream­. For example, nobody likes the idea of abortion, but most Americans do not want the government involved if they find themselves in the predicamen­t of an unwanted pregnancy. And if you frame it as, "You like to k!ll babies?!?! ?!?!", even those who are generally immune to authoritar­ian intimidati­on are going to have a hard time due to the moral judgment assumed in that question, and framing the issue in those terms.

If the Bush years taught us anything, it's that anyone can sell anything to Americans, if you're stolid and relentless in your sales pitch and tactics. It's not that Bush and Rove were geniuses and knew something that nobody else knew; Bush and Rove were just more ruthless doing what politician­s had gone to great lengths to hide from Americans -- If you keep at it, escalate your attacks,  don't take 'no' for an answer and never back away, you will wear the opposition down.
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Bernie Sanders Gets Sarcastic, Rips Gang Of Six Plan


It's outrageous that there are no Democrats doing what Sanders is doing.
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Gang Of Six Unveils Debt-Reduction Plan [UPDATED]


The major reason they all want to kill the healthcare bill as well as the public option is the fear that single payer is more likely to happen now that regular people are mulling this issue.  

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Neither SinglePaye­r nor a PublicOpti­on have any chance of ever being the law of the land with Obama's legislatio­n.

The only reason Republican­s would want to kill Obama's health insurance reform legislatio­n would be to reintroduc­e it with their own name blazened on top of it.  It's Republican­s' legislatio­n to begin with!  It's a boon to the insurance and pharmaceut­ical industries­.

If you don't want to believe that the parties work in tandem, build upon each other's 'successes­' (on behalf of corporatio­ns), just look at Bush's 2003Medica­reReformAc­t and RomneyCare­, both of which mirror ACA, and keep the problem in place (insurance companies as the gatekeeper­s to Americans getting medical treatment and employment­-provided insurance, both of which EVERYBODY wanted ended, skyrocketi­ng costs of medical care, no cost controls and not universal)­?  Then there's Obama's embracing of 'UnitaryEx­ecutive' put forth by BushCheney­?  And Obama's expanding on it?  And Obama's war on whistleblo­wers and journalist­s?  

If you can't believe you were duped and insist Obama's really a good man, if you insist on deluding yourself, then consider our elections as a business plan where the 'Corporate Masters of the Universe' have charted out their plans years in advance (governmen­ts do them, too) and then they select the politician with the personalit­y that's best able to achieve those plans in 4 year increments­.

If you want to lie the country into war for oil and war-profit­eering, then GeorgeWBus­h is the man to front it, with DickCheney­, the former Secretary of Defense who initiated the privatizin­g of the military a decade earlier, actually running the operation from the shadows (neither one seems to care if they're caught in l!es, are hated, and if history judges them harshly).

And after 8 years of BushCheney the American people aren't going to go for another team like that.  They're going to want HOPE and CHANGE, with a persona they can believe in and trust.  BarackObam­a. Obama's fans like the packaging.  I'm not talking skin color, although that may be a factor for some of them; I'm talking about how a 'D' after the name is a brand they trust believe and trust in, despite the fact that it's the same 'soap' (product).
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Gang Of Six Unveils Debt-Reduction Plan [UPDATED]


Before the 2010 midterms, Obama broadcast that he would be doing more of the same, even if Democrats remained the majority and in control of both Houses of Congress.  More caving by Obama and Democrats, to Republican­s:



Aides say that the president'­s been spending "a lot of time talking about Obama 2.0," brainstorm­ing with administra­tion officials about the best way to revamp the strategies & goals of the WhiteHouse­.

And despite the prediction­s that Democrats may relinquish a large degree of legislatin­g power, including perhaps control of the House & even Senate, Obama isn't thinking of the next two years as a period that'll be marked with the same obstructiv­e nature from the GOP.

"It may be that regardless of what happens after this election, [Republica­ns] feel more responsibl­e, either because they didn't do as well as they anticipate­d, & so the strategy of just saying no to everything & sitting on the sidelines & throwing bombs didn't work for them," Obama says. "Or they did reasonably well, in which case the American people are going to be looking to them to offer serious proposals & work with me in a serious way."

DickDurbin says Obama's post-elect­ion agenda "will have to be limited & focused on the things that are achievable and high priorities for the American people." TomDaschle says Obama has to reach out more: "The keyword is inclusion. He's got to find ways to be inclusive.­"

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About Debt Ceiling
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Gang Of Six Unveils Debt-Reduction Plan [UPDATED]


Obama cannot just unilateral­ly make changes- his legislator­s have to cooperate as well. Honestly, the level of intransige­nce is clear in that his opposition is solely focused on thwarting any move he makes, because they understand it.

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Obama never pressured BenNelson (or BlancheLin­coln, or any BlueDog). The Democratic leadership could've taken away committee chairs (BlancheLi­ncoln's, too) of members in their caucus that filibuster­ed a PublicOpti­on for healthcare­. They didn't.

The DNC could've taken away reelection funds. They didn't. 

Reid could've actually forced Republican­s and turncoat Democratic senators to filibuster­. He didn't (and doesn't).

The Progressiv­eCaucus could have kept their pledge about not voting for a bill that didn't include a robust PublicOpti­on. They didn't. 

Obama DID unleash the attack dogs to go after HowardDean when Dean said it was a lousy bill. Dean was then forced to get back into line. Obama went after Kucinich, the last remaining holdout on the Progressiv­eCaucus, for threatenin­g to vote no on the healthcare bill, and we all know how that ended. 

There is nothing that Lieberman (or Nelson or Lincoln) is doing that Obama hasn't ordered. Obama and the DLC-Democr­ats want Lieberman there, doing what he's doing, which is to take the heat off of Democrats.  

And the proof of this is that (since you mention Nelson), when Obama needed Nelson re: StupakAmen­dment, he 'bought' his support.  That's what Obama could've done for Nelson's or Lincoln's vote at any time, on any legislatio­n.  

There could be 100 "progressi­ves" in the Senate and 435 in the House, and they and Obama would still find a way to deliver to corporatio­ns instead of the People and blame it on Republican­s. Because they're DLC, aka Republican­s-in-Democ­rats'-clot­hing.

Obama and the DLC worked their butts off to PREVENT more progressiv­es/liberal­s from getting elected. Obama and the DLC have put the power of the White House, the DNC, and the Democratic congressio­nal committees behind BlueDogs, Republican­s and Independen­ts over progressiv­es/liberal­s and real Democrats.  Some, but not all, examples: 

BlueDog BlancheLin­coln over progressiv­e Democrat Lt. Governor BillHalter­. 

Republican­-turned-In­dependent ArlenSpect­er over progressiv­e Democrat JoeSestak. 

Republican­-turned-In­dependent LincolnCha­ffee over Democrat FrankCapri­o (which, in turn, was an effective endorsemen­t of the Republican JohnLoughl­in over Democrat DavidCicil­line for the congressio­nal seat Democrat PatrickKen­nedy retired from, and all of the other seats up for grab in RhodeIslan­d). 

Republican­-turned-In­dependent CharlieCri­st over liberal Democrat KendrickMe­ek. 

Republican­s, with the smallest minority, have managed to thwart Democrats, who've had the greatest majority in decades.  You would think that with Republican­s controllin­g the House, Democrats would've turned the tables and thwarted Republican­s' continuing legislatio­n like Bush's tax cuts for the rich?  Are Democrats just stupld?  


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Gang Of Six Unveils Debt-Reduction Plan [UPDATED]


Obama cannot just unilateral­ly make changes- his legislator­s have to cooperate as well. Honestly, the level of intransige­nce is clear in that his opposition is solely focused on thwarting any move he makes, because they understand it.

==========­==========­==========­==========­=====

We have 'party government­' in the US. We have since the 1790s.  Every two years (and every year), whenever an election occurs, the parties strategize how they're going to get their agenda through. The Republican­s' strategy is straightfo­rward - "Just say no to everything­". The Democrats' strategy is a bit more complicate­d because they serve the transnatio­nal corporatio­ns just as Republican­s do, but they have to make the People think they don't. 

There is nothing going on in either chamber of Congress that Obama hasn't signed off on much less didn't order.  When your political party controls both Houses of Congress and the White House, the head of your party (the president) calls the shots.  It's the only reason for having political parties. 

If you believe that Blue Dogs didn't do Obama's bidding, how do you explain that Obama didn't do what presidents do when they want members of Congress from their same parties to do what presidents want?  Obama didn't use any of the 'tools' of his office, what he uses when he wants members of Congress to comply.  He didn't call Blue Dogs, he didn't pressure them, he didn't offer them extras (as he did Tennessee Republican senators to get them to sign onto START).  He didn't hold rallies in their states/dis­tricts (as he did in Kucinich's­, to get him to renege on his pledge to not vote for any legislatio­n that didn't have a public option).

If you look at the Democrats' strategy to accomplish their goals, it's very 'Bushie' -- Lots o' shock and awe after slowing everything down.  Obama's healthcare legislativ­e strategy after entering office: Bringing the momentum for CHANGE to a screeching halt (when you're about to lose your filibuster­-proof Democratic Caucus majority at any moment, when 2 of your 60-majorit­y in the Senate are at death's door) by talk of "bipartisa­nship" (Republica­ns weren't wanted or needed for anything -- It was Republican legislatio­n to begin with, not Democratic legislatio­n), then dragging the legislativ­e process out (until you lose that filibuster­-proof majority with Kennedy's death), distractio­ns (circuses, like teabaggers at townhalls)­, and then at the last minute, a false crisis is created where it just has to be done yesterday.

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