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A comedian quipped about the bank bailout of 2009- 'Why didn't the government give PEOPLE the 1 1/2 trillion dollars with the caveat that the money had to be deposited in a bank and only so much could be withdrawn at a time? Banks would get recapitalized, people would not have lost their homes and demand in the economy would have been restored. Why was it given to banks to give themselves pay raises and buy up all the foreclosed homes?'

For me, that wasn't so much a joke but a comparison of an FDR style solution and a neoliberal solution.

I'm not convinced, when given the choice, which way Warren would go. I do know of another candidate's direction and will be rooting for him. He who is a solid second that shall not be named, or if necessary, only in negative framing by the establishment.

If Biden get the nod, I'll join the majority and vote for no one.

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Originally Posted by chunkstyle
A comedian quipped about the bank bailout of 2009- 'Why didn't the government give PEOPLE the 1 1/2 trillion dollars ...
I was told, by a TeaPartier no less, that the bailout should have been spent on paying off peoples' mortgages - according to him it would have taken care of ALL of them. Of course, it would have taken out the banks as well, and eliminated the debt economy - which is practically the whole economy... po' banks!

We is so fekked...



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To change something, build a new model that makes the old model obsolete.
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It reminds me of Ralph Nader's convergence theory and show's me where some hope lie's, Logs.

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Quote
'Why didn't the government give PEOPLE the 1 1/2 trillion dollars ...
Why wasn't the recent tax bill aimed at keeping money in the pockets of those who need it most...?

Why is a living wage such an atrocity? National healthcare such an outrage, and free education beyond the pale?

Biden is taking a firm stance against Medicare For All.

He took a firm stance against the ACA too. Wonder how he stands on the $15 minimum wage. The House has offered up an opportunity for the candidates to discus it.


Good coffee, good weed, and time on my hands...
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Or they just could have given everyone some bank stock when they bailed them out. Then it wouldn't have been a bail-out so much as forced recapitalization. The people getting foreclosed could have traded their stock for their mortgage debt. People with no debt would own some bank stock.

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They could have done a lot of things. It's what they did, though.

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It's the Despair Quotient!
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Originally Posted by chunkstyle
A comedian quipped about the bank bailout of 2009- 'Why didn't the government give PEOPLE the 1 1/2 trillion dollars with the caveat that the money had to be deposited in a bank and only so much could be withdrawn at a time? Banks would get recapitalized, people would not have lost their homes and demand in the economy would have been restored. Why was it given to banks to give themselves pay raises and buy up all the foreclosed homes?'

For me, that wasn't so much a joke but a comparison of an FDR style solution and a neoliberal solution.

That's channeling Will Rogers in 1932:

Originally Posted by Will Rogers
This election was lost four and six years ago, not this year. They [Republicans] didn’t start thinking of the old common fellow till just as they started out on the election tour. The money was all appropriated for the top in the hopes that it would trickle down to the needy. Mr. Hoover was an engineer. He knew that water trickles down. Put it uphill and let it go and it will reach the driest little spot. But he didn’t know that money trickled up. Give it to the people at the bottom and the people at the top will have it before night, anyhow. But it will at least have passed through the poor fellows hands. They saved the big banks, but the little ones went up the flue.

Originally Posted by chunkstyle
I'm not convinced, when given the choice, which way Warren would go. I do know of another candidate's direction and will be rooting for him. He who is a solid second that shall not be named, or if necessary, only in negative framing by the establishment.

If Biden get the nod, I'll join the majority and vote for no one.

That's not what Will Rogers would have done.


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Will Rodgers had an entirely different political landscape to navigate than the one we navigate today. At least there was some leftism in his time, though the second great purge was getting underway. There was still some.
Hardly any today and the Democratic party is going into overdrive to see that there isn't anymore in 2020.

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"Last week, the Boston Herald (7/11/19) decried Ocasio-Cortez, Tlaib and Omar as far-left “bullies” who were undermining Pelosi, and “sowing division” at a time when the party “needs to project a unified—and more centrist—front to retain its majority and knock Donald Trump from office.” The piece did not, however, scrutinize Pelosi’s political positions—or even identify them at all.

This is a common occurrence in media, and has the effect of normalizing the right wing of the party as the default. Constantly reminders that Sanders, Ocasio-Cortez and co. are leftists prime the news consumer to be on the defensive. “You are about to hear socialist propaganda,” is the subtle message delivered. But an analogous message is not transmitted if others are not identified as on the right. Understanding the power of this technique, in 2015, nearly 90,000 Britons signed a petition asking the BBC, in the interests of even-handedness, to start describing Prime Minister David Cameron as “right-wing,” just as it constantly called Labour leader Jeremy Corbyn “left-wing.”

Full article

Lets me honest Jeff. You may be comfortable voting right wing and feel absolved if there is a D next to the name but I no longer am. I won't vote right wing and have had years of resentment having been hectored by libs into doing so. Lesser of two evils and all that rot.
I have concluded the Democratic party is a paid instrument to keep any avenue of leftist political expression neutralized. To ignore it is simple willful ignorance at this point in these dark and creative times.

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I have concluded the Democratic party is a paid instrument to keep any avenue of leftist political expression neutralized. To ignore it is simple willful ignorance at this point in these dark and creative times.
Well, yeah, pretty much. How long has it taken you to figure this out, Grasshopper?

But come election day we get to choose whether we want Democrats or Republicans appointing judges. It's not a venue for leftist political expression it's where we choose Republican or Democrat. Doesn't matter if you vote or not, one side or the other will win. If I had to get out of this chair to vote I'd sit home too. My district is deep ruby red like the glowing eyes of Cthulu. Democrats don't even run for office around here. So my vote is dust in the wind anyway...


Good coffee, good weed, and time on my hands...
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