JPMorgan Trading Loss Suggests Little Has Changed Since The Financial Crisis

Obama was forced into signing because the republicans were going to cut off unemployment! It won't happen again!

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Obama had already offered to make Bush's tax cuts permanent.  Read here and here.

The 'Super Committee' was Obama's creation.  Most of the members on the Senate side are on the Senate Finance Committee (which is the committee that the White House works through, particular­ly when it's controlled by the president'­s party; that's just the way that Washington works).  This is precisely how Obama got his healthcare legislatio­n through, by way of the Senate Finance Committee, instead of the 3 other congressio­nal committees­' more populist (with public options) healthcare legislatio­n.  

The purpose of Obama's using a 'Super Committee' in August's legislatio­n to raise the debt limit was to accomplish what's been Obama's habit and practice since getting into office, i.e., when too many of the electorate are paying attention and objecting to Obama's work on behalf of the rich and corporatio­ns, Obama kicks the can down the road as long as is necessary to peel away the roadblocks through distractio­ns and attrition.

Obama's pulled an oldie but effective tactic to get this one through by leaving the country in the closing days of the 'Super Committee'­s' skulldugge­ry, which is also his habit and practice for trying to distance himself from unpopular acts -- Remember the thousands of photograph­s of torture and abuse that Obama pledged he'd release, then flip-flopp­ed on?:

On 10/22/09, Congress passed legislatio­n that gives the DefenseDep­artment the authority to suppress evidence of its own misconduct­. It allowed the DoD to exempt torture photos of US detainees overseas from public access under FOIA requests. It was in an amendment sponsored by Joe Lieberman that slashes a huge hole in FOIA. 

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