Memo: To Barack Obama

[kentuck]

Mr. President:

History is keeping a record. It remembers those that rock the boat and challenges the status quo. Those that go along and compromise just to get something passed will fade into anonymity.

History is knocking on your door, Mr. President. The table has been set. The job needs to be done. The people want it done. There is an easy way and a hard way.

The easy way is to do the job half-way. The hard way is to do the job completely.

History is on your side, Mr. President. The Big Banks and Wall Street almost took our country under. We still have not recovered from the great recession that they led us into. There was probably fraud involved. Great fortunes were made from paper and trades. Nothing was produced.

We have an election coming up in November. Your Party, Mr President, is expected to lose a lot of seats and perhaps, the House of Representatives. That is not something that would favor the rest of your first term or perhaps your second. Time waits for no man.

The right thing to do is also the best political thing to do. Take on the banks. Do not compromise. Break them up. Change the rules and put sensible regulations into place. Request your Justice Department to look into any criminal violations. Defend the American people from another massacre like they experienced in the fall of 2008 and forward. Step forward Mr President and answer the call of history.

[corkhead]

1. same goes for picking a flaming liberal for the scotus

[Cant trust em]

2. +1.

I really hope we get a strong liberal on the court.

[Fire1]

3. I suspect he knows what he's doing without 'advice' from

the peanut gallery.

[frylock]

5. hard to tell with his foot dragging and bipartisan bullshit..

he should have put his boot to the neck of the republican party a fucking year ago.

[WI_DEM]

14. funny how he has ammassed one of the best legislative records since LBJ

[kentuck]

6. We shall see...

won't we?

[Fire1]

7. Yes we will. n/t

[kentuck]

8. You seem confident that he will crack down on Wall Street..

..and the Big Banks?

Or will you be happy with whatever he does in regards to Wall Street and the banks? Do you have any expectations?

Or do you think everyone here is in a peanut gallery without the capacity to discuss the issues?

[Fire1]

9. Your OP is not inviting discussion. It's dictating your prioirties

and your strategies to accomplish those priorities. There's a difference.

[kentuck]

10. It is my opinion...

agree or disagree.

But I simply stated what I think he needs to do to be judged favorably by history. I apologize if the post does not "invite discussion".

[proudohioan]

12. Better than taking 'advice' from the caviar gallery. nt

[divvy]

4. They may not have to "break up the banks"

If they revive glass-steagall then the regulation will have the desired effect. Some of the provisions included Regulation Q which allowed the Federal Reserve to regulate interest rates in savings accounts which served to control the amount of risk that banks were allowed to take. This will cause investment savings to move from banks and back to brokerage firms where the promise of FDIC insurance does not exist.

[Name removed]

11. Deleted message

Message removed by moderator. Click here to review the message board rules.

[WI_DEM]

13. I believe he is doing all you wrote in your memo. If any president doesn't seem to be overtly

political it's Obama.