HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » louis c » Journal
Page: 1 2 3 4 5 6 7 8 9 10 11 12 Next »

louis c

Profile Information

Gender: Male
Hometown: Boston
Home country: USA
Current location: Boston
Member since: Fri May 14, 2004, 05:52 PM
Number of posts: 4,723

About Me

IBEW----AFL-CIO

Journal Archives

The Question for the Other 16 Republican Candidates

I think there are 17 candidates in the Republican Primary, so this question is for everyone running in the Republican Primary whose name is not Donald Trump.

"If Donald Trump secures the Republican Nomination for President of the United States, will you support his candidacy in the General Election in November, 2016?"

How's that for a "heads I win, tails you lose" question?

The Real Trump Math

Donald Trump is being hailed by the Press as the real Republican front-runner nationally and driving the debate in the Presidential race. Here's my analysis.

There are two hot button issues, one on the right and the other, well, about working class Americans. One is immigration, and I intentionally mention immigration and not illegal immigration, because those who believe in Trump's position hate all immigrants.

The other issue is trade. On trade, those of us who think that all the trade deals over the last two decades have killed the middle class have an articulate and consistent spokesperson, Bernie Sanders. We don't need a hypocrite like Trump to speak for us. A hypocrite who makes his products in China, rather than America.

So that leaves Trump with one segment of the electorate he can really resonate with. Bigots.

Here's my math. About 30% of the electorate are Republicans and 20% of that 30% are bigots (1 in 5). The Democrats used to own this segment until 1964 and 1965, hence the term "yellow dog Democrats" and the "Solid South". We threw them out of our party with the Civil Rights laws and Voting Rights Laws during that time. They went to Wallace first, then they became Republicans. The "Solid South" is now solidly Republican, although we are tending to enlighten some and form coalitions in Virginia and North Carolina, but I digress.

I don't think there are as many bigots in this country as others may, but there certainly are some. I estimate it at 6% to 10% of the total population. Trump has them all (or almost all). I firmly believe those people reside in the Republican Party, although some we classify themselves as Independents. So, 30% of that 6% to 10% is 18% to 30%. That's Trump's ceiling in the Republican Party. That number looks huge when you divide the pie up 15 ways, but it can't win him anything in the long run.

In the General, that's 6% to 10% of the vote.

My prediction is Trump starts to get shunned and criticized by the Republican Party, and breaks off to run as a third party candidate.

The 6% to 10% of the bigots in this country will vote for Trump. Without the bigot vote in the Republican column, it will be impossible for any Republican candidate to win any swing state with Trump in the race.

Let's see if it plays out that way.

A Majority of Americans Born Before 1974 are to Blame for Our Bad Trade Agreements

In 1992, I was forty years old. I worked day and night got Rich Gephart in the Democratic Primaries for President. He was 100% against NAFTA, Bill Clinton was for it. I thought at the time, that these trade agreements would destroy the American Economy. I believed then, and continue to believe, "Build American, Buy American". In the general election I voted for Ross Perot. I only agreed with him on one issue, NAFTA. I thought it was that important. I wish my candidate had won the Primaries, or the General Election. Or, I wish I was wrong about NAFTA and free trade. But, alas, neither happened.


Every American 18 years old and older, voted (or could have voted) in that election. Bill Clinton didn't lie. He said exactly where he stood, for "free trade" and he supported NAFTA. Every voting age American had the opportunity to stop free trade in its tracks, but we didn't.

Now, we are living with the consequences.

Gallup---Obama Plus 4%

After a long, tough Winter, President Obama has the numbers of a winner.


Gallup Daily


Mar 27-Apr 2, 2015


Apr 1-3, 2015


Obama Approval 50% +2
Obama Disapproval 46% -2

Here's a little history lesson for those who think voting Republican is a good idea

When ever I enter a discussion about President Obama, I like to have a starting point. The facts are tremendous allies of ours in this debate, yet everyone discounts them.

Gas prices were $4.09 a gallon in June of 2008, before the start of the Great Bush Recession. It's less than $3.00 a gallon now. For the first time in over 40 years, America is energy independent. The stock market, which was in free fall and into which much of the middle class pension funds and 401k investments are in has risen about 250% under Obama and over 9,000 points. We have had 54 consecutive months of positive job growth for the first time in modern memory. The unemployment rate is under 6% from a Bush high of nearly 10%. Our country is safe, even as Republicans continue to play the "fear card" on every issue they can think of (except guns).

Here's what I tell my friends who disdain Obama, "go back and Google Sept. 15th and 16th, 2008, and then come back and talk to me about the President."


This Day in Crisis History: Sept. 15-16, 2008
By
Paul Vigna


—Wall Street Journal
This September, MoneyBeat will take a daily look back at the developments surrounding the collapse of Lehman Brothers and the financial crisis that followed. Each day, we will recap the events of the corresponding day in 2008, as the worst crisis in 80 years built to its terrible climax.

Sept. 15, 2008

After one of the most momentous and tumultuous weekends in Wall Street history, investors awoke to a rapidly intensifying financial crisis.

Lehman Brothers had filed for bankruptcy protection Monday morning and Merrill Lynch had sold itself to Bank of America BAC +0.23%. By the end of the day, investors had turned their focus to insurance giant AIG, which was tottering, needing to raise billions in capital or face collapse.

The Dow fell 504.48 points on Monday, Sept. 15, its biggest percentage drop in more than six years. Prices on Treasurys rose as investors fled to safety; and the cost of insuring the debt of investment grade companies against default jumped.

The weekend had begun with U.S. government convening a meeting of Wall Street CEOs Friday night. Their task for the weekend, the government said: Find a solution to Lehman, but there would be no government bailout.

By the afternoon of Sunday, Sept. 14, Lehman CEO Dick Fuld was essentially out of options.

Without government aid, a deal in principle for Barclays to buy Lehman had fallen apart. Bank of America, considered the most likely buyer earlier in the week, had informed Lehman it could not do a deal after concluding that firm’s real-estate portfolio was worse than expected.

Desperate to avoid steering his 25,000-person company into bankruptcy proceedings, Mr. Fuld kept calling Bank of America CEO Ken Lewis. His call wasn’t returned. Unbeknownst to Mr. Fuld, Bank of America was in secret talks with Merrill Lynch. By Sunday night, the two firms had struck a deal, and there was only one option left for Lehman.

As a meeting of Lehman directors wrapped up around 10 p.m. Sunday night, Mr. Fuld leaned back in his chair. “I guess this is goodbye.”

Stocks headed south from the opening bell Monday. For much of the day, however, they held up better than many had expected and traders marveled at the market’s resilience. Then in the final hour, a wave of selling swept through the market, driven by concerns about the stability of AIG, whose stock had dropped 60%.

Sept. 16, 2008

Uncle Sam didn’t take long to change his mind.

One day after watching the market fallout from its decision to let Lehman fail, the government did a complete roundabout, and saved AIG, which, it deemed, was truly too big to fail. The government lent the company’s $85 billion in exchange for a 79.9% stake, capping off 10 days of frantic maneuvering that would reshape the world of finance.

The decision was arrived at after a series of what by now were becoming regular affairs: the emergency meeting. Mr. Paulson and Mr. Bernanke met with Congressional leaders. What had them truly worried was that a failure at AIG could spiral into seemingly safe investments like, into stocks and bonds and derivatives, and send the credit crisis spiraling out of control.

It wasn’t just the travails at AIG. Earlier on Tuesday, a money-market fund, the $62 billion Reserve Primary Fund, did something that wasn’t supposed to happen in money-market funds: It “broke the buck,” meaning its net asset value fell below $1 a share. A number of money-market funds had investments in both Lehman and AIG, and AIG was also a big insurer of the funds.

AIG was downgraded on the 15th, forcing it to post $14.5 billion in collateral – more than it had in liquid assets. Not being able to post the collateral would spell a collapse for the firm, and the domino effect of that collapse would be “catastrophic,” the government determined, with staffers from the Fed and Treasury working through the night of the 15th to come up with a plan for the 16th. The president was briefed, and AIG’s board agreed to the deal on the evening of the 16th.

Help DU this poll and send Steve Wynn a message

Steve Wynn, of Macao, Communist China is seeking a casino license in Everett against Mohegan Sun in Revere.

I represent the unionized workforce at the racetrack in Revere that will get the casino. Both cities have approved separate proposals, and a commission will decide the winner in September.

I have posted a 2012 video of Steve Wynn wading into national politics. We don't need his contaminated politics in
Massachusetts and you know once he gets his foot in the door and starts pouring in money, things could change in our dark blue state.

Wynn in 2012


If you can help us DU this poll in favor of my unionized workforce in my hometown of Revere and send Steve Wynn a message that we don't want him in Massachusetts, I will be grateful.

Link to Poll:
http://www.bizjournals.com/boston/poll/results/15085981

Iraq, Simply Put......

"The problems in Iraq today are not the result of our Troops leaving too soon. Today's problems are the result of sending them in there in the first place"

Obama's Record

You know, some people talk as though President Obama has failed us. I know he's not perfect and I wish he had done some things differently, but let's look at the facts:

Unemployment is sown since he took office. We have created more jobs every month since his fifth month in office, every single month until today. We have had GDP growth in every quarter, beginning in his third quarter of 2009. The stock market has more than doubled. The budget deficit has been reduced every year since 2011. We are energy independent. Gas prices, far from being the predicted $5.00 a gallon from the "Doom Sayers", are at $3.69 a gallon today. He has ended one war and is winding down a second. Both wars he inherited. He has kept us safe at home. I'm sure there's more. But when people ask "what's he done?", these are some of my answers.

When you see Obama's approval numbers you can count me in the "approve" column. I know what the other side looks like.

What is a Secular Humanist?

What's a Secular Humanist? I get that question all the time when I answer the question of "What religion are you?"

The closest I can come in describing what a Secular Humanist is this:



Help me send Steve Wynn a message in Massachusetts---DU this Poll

Hello, my DU friends. I have posted here on DU since 2004 and I need your help.

In March, you gave us a great boost in a similar on line post. I am editing my March post and asking for your help once again. The link is updated to July 31, 2014, but the issue remains the same.

Thanks

There is a very hot battle in the Greater Boston area between two potential casino sites. One is in Everett, Mass. and the other is in the adjoining City of Revere (my home town).

I represent the unionized work-force at the Suffolk Downs racetrack in Revere, which has partnered up with Mohegan Sun to build a resort casino in the Beach City of Revere. The result will be to save 800 jobs connected to the racetrack and create 4,000 more at the potential casino here. Our competition is Steve Wynn in Everett. That's the same Steve Wynn that spent millions trying to defeat President Obama in 2012 and has played footsies with the Chinese in Macao.

Link to Wynn interview in 2012


There is an on line poll between the two sites. I am asking you to vote for Revere in this poll in order to send a message to the Gaming Commission to save my job and the hundreds of unionized workers that I represent. In the mean time, you can stick it to a real Neanderthal, Steve Wynn, in the process.

Please vote for Mohegan Sun in Revere
Link to Poll:
http://www.bizjournals.com/boston/poll/results/15085981
Go to Page: 1 2 3 4 5 6 7 8 9 10 11 12 Next »