Fri Apr 6, 2012, 08:08 PM
Flying Squirrel (813 posts)
"Watch 'Inside Job,' then convince me why Obama should have my vote..."
This was someone's FB post. I don't normally get into politics on facebook, but I couldn't help myself this time. I posted: "Everything you say is true, but he is the lesser of two evils. I`ll give you one reason to vote for him - the next Supreme Court nominee. Unless you`d like to see Roe vs. Wade finally overturned."
She didn't respond specifically to that, but she did "like" my comment.
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21 replies, 2280 views
| Author | Time | Post | |
| Flying Squirrel | Apr 2012 | OP | |
| seabeyond | Apr 2012 | #1 | |
| Enrique | Apr 2012 | #2 | |
| Flying Squirrel | Apr 2012 | #6 | |
| geckosfeet | Apr 2012 | #7 | |
| Flying Squirrel | Apr 2012 | #8 | |
| geckosfeet | Apr 2012 | #9 | |
| Flying Squirrel | Apr 2012 | #10 | |
| alp227 | Apr 2012 | #12 | |
| davidpdx | Apr 2012 | #15 | |
| geckosfeet | Apr 2012 | #20 | |
| pennylane100 | Apr 2012 | #3 | |
| gateley | Apr 2012 | #4 | |
| alp227 | Apr 2012 | #13 | |
| gateley | Apr 2012 | #18 | |
| roseBudd | Apr 2012 | #5 | |
| alcibiades_mystery | Apr 2012 | #11 | |
| grantcart | Apr 2012 | #19 | |
| coalition_unwilling | Apr 2012 | #14 | |
| Hawkowl | Apr 2012 | #21 | |
| davidpdx | Apr 2012 | #16 | |
| Cosmocat | Apr 2012 | #17 |
Response to Flying Squirrel (Original post)
Fri Apr 6, 2012, 08:10 PM
seabeyond (85,892 posts)
1. supreme court. i had my answer before reading your post
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i still wanted to give my answer
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Response to Flying Squirrel (Original post)
Fri Apr 6, 2012, 08:13 PM
Enrique (22,594 posts)
2. has anyone seen this movie?
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I didnt take her comment literally, I think she was saying that the movie implicated Obama in some way. I havent seen the movie so I dont know.
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Response to Enrique (Reply #2)
Fri Apr 6, 2012, 08:36 PM
Flying Squirrel (813 posts)
6. I haven't, but it had something to do with
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Wall Street and all the cronyism, and Obama's appointments such as Geithner, Bernanke etc.
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Response to Flying Squirrel (Reply #6)
Fri Apr 6, 2012, 08:48 PM
geckosfeet (8,791 posts)
7. No. It was primarily about buSh appointees and their negligence and cronyism.
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There was a slight implication of Obama appointees as well.
But is was primarily about the buSh mis-administrations of the economy. |
Response to geckosfeet (Reply #7)
Fri Apr 6, 2012, 08:51 PM
Flying Squirrel (813 posts)
8. Well, that at least is good.
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I don't guess that she was planning to vote Republican then, probably just saying she wouldn't vote for either. But we gotta pick our poison in this country, that's just the way it is right now.
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Response to Flying Squirrel (Reply #8)
Fri Apr 6, 2012, 08:54 PM
geckosfeet (8,791 posts)
9. Perhaps you should amend you previous post? It is misleading. I am sure that was not your intent
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but it is incorrect and gives the wrong idea.
I have no idea what the original complaint was regarding Obama. I suspect that person had not watched the movie either. |
Response to geckosfeet (Reply #9)
Fri Apr 6, 2012, 09:07 PM
Flying Squirrel (813 posts)
10. I could, but
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since I`ve already stated that I didn`t watch it and we need at least some context as to why someone would have said what this person said, I guess I`ll just leave it for now, with your correction as to the actual content of the piece noted. (And thank you for that!)
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Response to geckosfeet (Reply #7)
Fri Apr 6, 2012, 10:54 PM
alp227 (20,408 posts)
12. i watched Inside Job, and it cited the repeal of Glass Steagall regulations in '99 as a factor.
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so arguably it also targeted Clinton.
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Response to alp227 (Reply #12)
Sat Apr 7, 2012, 06:17 AM
davidpdx (8,777 posts)
15. Yes, the repeal of Glass-Steagall was the vehicle
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The banks were the drunk drivers. The results were catastrophic.
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Response to alp227 (Reply #12)
Sat Apr 7, 2012, 03:16 PM
geckosfeet (8,791 posts)
20. Yep. Clinton signed it. But
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http://en.wikipedia.org/wiki/Late-2000s_financial_crisis In November 1999, U.S. President Bill Clinton signed into law the Gramm–Leach–Bliley Act (R-R-R), which repealed part of the Glass–Steagall (D-D) Act of 1933. This repeal has been criticized for reducing the separation between commercial banks (which traditionally had fiscally conservative policies) and investment banks (which had a more risk-taking culture). http://en.wikipedia.org/wiki/Late-2000s_financial_crisis Bolded content is mine - added to emphasize partisan nature of the two acts of congress. http://en.wikipedia.org/wiki/Gramm%E2%80%93Leach%E2%80%93Bliley_Act - "Gramm–Leach–Bliley Act (GLB), also known as the Financial Services Modernization Act of 1999" A year before the law was passed, Citicorp, a commercial bank holding company, merged with the insurance company Travelers Group in 1998 to form the conglomerate Citigroup, a corporation combining banking, securities and insurance services under a house of brands that included Citibank, Smith Barney, Primerica, and Travelers. Because this merger was a violation of the Glass–Steagall Act and the Bank Holding Company Act of 1956, the Federal Reserve gave Citigroup a temporary waiver in September 1998. Less than a year later, GLB was passed to legalize these types of mergers on a permanent basis. The law also repealed Glass–Steagall's conflict of interest prohibitions "against simultaneous service by any officer, director, or employee of a securities firm as an officer, director, or employee of any member bank." Yes Clinton signed it - but it was planned, hatched and executed by three R's. Clinton was a willing dupe - not sure how the impeachment mess played into this but I am sure it did. |
Response to Flying Squirrel (Original post)
Fri Apr 6, 2012, 08:14 PM
pennylane100 (2,310 posts)
3. Good for you.
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That was the perfect answer.
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Response to Flying Squirrel (Original post)
Fri Apr 6, 2012, 08:19 PM
gateley (61,881 posts)
4. God, tell her to stop watching Hollywood movies and do some objective research into
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what's been happening in Congress and with the Republicans. If she has any intelligence, she'll convince herself to vote for Obama.
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Response to gateley (Reply #4)
Fri Apr 6, 2012, 10:54 PM
alp227 (20,408 posts)
13. Inside Job was a documentary not a fictional film.
Response to alp227 (Reply #13)
Sat Apr 7, 2012, 10:33 AM
gateley (61,881 posts)
18. I know, but tweaked for Holllywood, I'm sure. It presented the picture it wanted
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to present (as all documentaries do), and the message, although not UNtrue, may not be the WHOLE truth.
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Response to Flying Squirrel (Original post)
Fri Apr 6, 2012, 08:29 PM
roseBudd (8,368 posts)
5. The outrage is not that there was a bailout, the outrage is that we had to bail them out...
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Last edited Fri Apr 6, 2012, 08:31 PM USA/ET - Edit history (1) because the GOP majority deregulated Wall St.
Glass-Steagall stood until Newt's Contract with America gave them the majority Wall St. needed to get their way. If I were prone to procreate, my first born would be named Bernanke We narrowly averted Great Depression 2.0 |
Response to roseBudd (Reply #5)
Fri Apr 6, 2012, 09:09 PM
alcibiades_mystery (28,386 posts)
11. Agreed
Response to roseBudd (Reply #5)
Sat Apr 7, 2012, 10:51 AM
grantcart (38,728 posts)
19. Except it would have been much worse
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In the 30s there was still a vast thriving agricultural sector that allowed millions of people without jobs to migrate back to live with other family members on family farms that were still operating. A similar collapse this time would have left tens of millions without work and no inexpensive alternative to go to while the situation normalized. People don't realize that the whole enterprise is based on a common perception, that money is real, for example and that if the core of that perception is gone we would be back to exchanging food for clam shells. |
Response to Flying Squirrel (Original post)
Sat Apr 7, 2012, 03:31 AM
coalition_unwilling (14,180 posts)
14. Um, the choice is between (arguably) mildly offensive (Obama) and
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batshit crazy\sociopathic (Repukes).
Q.E.D. |
Response to coalition_unwilling (Reply #14)
Sat Apr 7, 2012, 05:05 PM
Hawkowl (5,213 posts)
21. Greedy militaristic bastards vs. Batshit crazy theocratic homicidal maniacs
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That is the way I view it.
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Response to Flying Squirrel (Original post)
Sat Apr 7, 2012, 06:26 AM
davidpdx (8,777 posts)
16. I have seen it and it is a good documentary
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Last edited Sat Apr 7, 2012, 06:29 AM USA/ET - Edit history (2) It points out how the repeal of Glass-Steagall in 99 led to the large banks merging with investment firms, insurance companies, etc. In all fairness to your "friend" (I am not completely in agreement with them by the way) Obama did appoint quite a few Wall Street people, but it was after the fact. I do agree it is hard to defend Obama on those appointments.
As an aside, I actually teach business in China and showed my students the film. I (being the good teacher I am) went online and found the English subtitles and then went through the entire movie and picked out words (especially financial terms) that I thought were too difficult (some of which as a doctoral student even I didn't know, but I hate finance). My angle was that this effected everyone not just the US. There were some scenes from a factory in China and an interview with a Chinese woman who spoke pretty decent English. Needless to say most of them weren't interested, which is sad. The Chinese in general take very short term views of things and don't look into the future. They believe they'll be able to sustain high growth, but it won't happen. Not with the world economy slowing for the last few years. Things are just starting to pick up again, so it will take time for people to buy things which means jobs everywhere will be hurting. Ok, so I went way off topic. It's just that the movie did interest me. |
Response to Flying Squirrel (Original post)
Sat Apr 7, 2012, 08:48 AM
Cosmocat (5,391 posts)
17. Obama is cozier with Wall Street than I would like
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and I have known and said that even while he was still battling Hillary for the nomination 4 years ago today.
But, I like him A LOT. And, I think he has done a really good job. It is the world we live in. IF we could get an even more progressive guy/gal who is not as tied to Wall Street, a Howard Dean, I would be behind him or her. But, Obama is pretty darn good overall. |

