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Obama was given the opportunity to be the new FDR.

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Karmadillo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 08:58 PM
Original message
Obama was given the opportunity to be the new FDR.
http://www.ianwelsh.net/a-blast-from-the-past-and-a-rem...

A blast from the past and a reminder about the future
2011 April 24
by Ian Welsh

Courtesy of the Black Agenda Report:

As election year 2008 began, Obama took the most pro-banker, laissez faire capitalist position on home foreclosures of the three major Democratic presidential candidates. John Edwards backed a mandatory moratorium on foreclosures and a freeze on interest rates, while Hillary Clinton supported a voluntary halt and $30 billion in federal aid to homeowners. But Obama opposed any moratorium, mandatory or voluntary, and balked at cash for homeowners and stricken communities

You dont always get what you vote for, but the surprises arent usually on the upside. Obama was given the opportunity to be the new FDR. The financial crisis was a huge opportunity to break the power of the financial industry and the rich for a generation, and in so doing make it possible to have an economy which worked for everyone, to fix Americas energy problems, and to have universal healthcare.

Instead what happened is that Obama bailed out the rich and the financial industry, who were bankrupt, then refused to prosecute them for systemic fraud. He did so in a way which left, by and large, the exact same class of people in charge of the financial industry, made the remaining banks bigger and more powerful, restored the wealth of the rich to pre-crisis levels and restored their profits. Meanwhile employment has still not recovered (ignore the unemployment rate, it is a lie), wages are flat or declining, real inflation is through the roof, the price of oil is skyrocketing and the current discussion in DC is how much the poor and middle class should get screwed out of their Social Security, Medicare and Medicaid, in order to keep the rich filthy rich. Oh, and how much tax cuts the rich should get.

America is in terminal decline. There may be a lot of ruin in a nation, as Keynes said, but that amount is not infinite. The next chance you get to turn this around you will be starting from a much worse position. A lot more pain will be unavoidable.

more...
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Autumn Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 09:04 PM
Response to Original message
1. An excellent article. Thank you for
posting this. A lot of truth in here, we were talking about the state we are in the other day and this just verifies it.K/R
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Carolina Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 09:06 PM
Response to Original message
2. Touche! K&R
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msongs Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 09:09 PM
Response to Original message
3. FDR fought back aggressively and lead the charge against repubs. obama not so much nt
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NYC Liberal Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 09:10 PM
Response to Original message
4. I wasn't surprised at all. I knew what I was voting for
and got it.

Also, is this the same FDR who rounded up Japanese-Americans and put them into camps based solely on their race?
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lunatica Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 09:20 PM
Response to Reply #4
9. If you look enough there's something to criticize about everyone
I'm sure someone could find something wrong with you too.

No one single President has been perfect in the eyes of everyone. Not one.
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NYC Liberal Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 09:23 PM
Response to Reply #9
13. Thus my point
:hi:
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EmmettKelly Donating Member (105 posts) Send PM | Profile | Ignore Mon Apr-25-11 09:23 PM
Response to Reply #4
11. FDR didn't have the advantage of long range cruise missiles
and predator drones to take out the Japanese population on the coast so he had no choice but to round them up.
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Starbucks Anarchist Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 09:50 PM
Response to Reply #11
31. So you supported their internment?
:wtf:
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Bluenorthwest Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 09:31 PM
Response to Reply #4
18. So like Gitmo or like Bhagram Prison?
Since war is not a factor, putting folks in Bhagram for just being Afghani in Afghanistan is fairly startling. I mean, we go there and jail them. Who holds the keys to those prisons?
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NYC Liberal Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 09:40 PM
Response to Reply #18
25. So FDR was just as bad then?
Guess so.
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unkachuck Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 09:11 PM
Response to Original message
5. K&R....n/t
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FrenchieCat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 09:16 PM
Response to Original message
6. Yep.... 2.4 years vs. 12 years!
Black Agenda report is a fraud....
and have not supported Barack Obama from day one.
America in Decline is the reason OBama got elected....
but the decline was based on what Bush and the rest of them did,
not what Obama has failed to do.

Bullshit article from bullshit know it all,
but yet, author won't end up doing shit but talking....
and no one is impressed.
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inna Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 09:16 PM
Response to Original message
7. BAR, in particular, is a great and unique source - which, sadly, might not be there much longer.

Check them out and donate, before it's too late.

K&R, needless to say.
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TheBigotBasher Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 09:25 PM
Response to Reply #7
15. Whose agenda
not the 90%+ of African Americans who support this President and who are disgusted at his treatment by so called "progressives".
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inna Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 09:28 PM
Response to Reply #15
16. speak for yourself
:thumbsdown:
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Bluenorthwest Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 09:36 PM
Response to Reply #15
22. I was just reading about the right wing push to make progressive
a 'dirty word' and I thought of DU, and the air quotes so popular with some.
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TheBigotBasher Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 09:53 PM
Response to Reply #22
32. I still want to understand how a so called progressive blogger
could have signed up with Grover Norquist.
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inna Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 10:25 PM
Response to Reply #15
33. don't you dare make ugly and reactionary statements like that on behalf of Americans,

let alone African Americans, Mr. Brit.

:wtf:


(not as if i have anything against Brits.)
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leftstreet Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 09:18 PM
Response to Original message
8. K&R
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Poboy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 09:22 PM
Response to Original message
10. recommend
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Bluenorthwest Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 09:23 PM
Response to Original message
12. Wasted the greatest gift the American people have ever handed
to a politician. He did so for the sake of a bipartisan fantasia.
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Chris_Texas Donating Member (707 posts) Send PM | Profile | Ignore Mon Apr-25-11 09:48 PM
Response to Reply #12
30. No. He did exactly what the owners of both parties wanted him to do
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Vanje Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 09:25 PM
Response to Original message
14. We needed an FDR
We seem to have gotten a Hoover.
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Jenny_92808 Donating Member (87 posts) Send PM | Profile | Ignore Mon Apr-25-11 09:28 PM
Response to Original message
17. Obama inherited a big pile of....
Edited on Mon Apr-25-11 09:29 PM by Jenny_92808
you know what from the last administration. Considering the situation I think he is doing ok. He is not a miracle worker.

He is playing chess, while the repub's are playing checkers.
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bobbolink Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 09:31 PM
Response to Reply #17
19. Geeee, we have NEVER heard that before.
:eyes:

However, you forgot... we need to stop wishing for our pony.

There, that sums it up.
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leftstreet Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 09:33 PM
Response to Reply #17
20. He's still playing chess?
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white_wolf Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 09:36 PM
Response to Reply #17
24. Compared to the mess FDR had to deal with Obama inherited nothing
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leftstreet Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 09:42 PM
Response to Reply #24
26. +1
At least FDR and the ruling class had a powerful Left breathing down their necks.

Now? Nothing. Nada. Zip
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white_wolf Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 09:45 PM
Response to Reply #26
28. See that is the key.
FDR did a lot of good, but he did not do it purely out of the goodness of his heart, he had to be pushed. That is the only way most (I say most because I doubt Kucinch or Sanders would need much pushing) politicians will fight for the working class. That is what people don't seem to understand when they attack the left like they do, the Left is the reason we have the social programs we do.
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EFerrari Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 09:44 PM
Response to Reply #17
27. FDR did not land in a bed of roses. n/t
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Art_from_Ark Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-26-11 03:09 AM
Response to Reply #17
35. He might be playing chess, and the Repubs checkers
but it looks to me like the board is laid out for checkers, and Obama is trying to figure out how there could be so many kings and how they all could be so powerful.
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iemitsu Donating Member (524 posts) Send PM | Profile | Ignore Mon Apr-25-11 09:33 PM
Response to Original message
21. FDR was an insider
Obama is not. Attacking the establishment is not easy but FDR had some advantages that Obama does not have. FDR also understood that for capitalism to work there had to be capital exchanged. he helped to put some back in the hands of people who would spend it. Evidently that is not the rule any longer.
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Zorra Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 09:36 PM
Response to Original message
23. Yeah. What a shame, we could have pulled it together and kept it. nt
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Chris_Texas Donating Member (707 posts) Send PM | Profile | Ignore Mon Apr-25-11 09:46 PM
Response to Original message
29. Instead he decided to be Bush III
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Cerridwen Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 11:15 PM
Response to Original message
34. Let's kick this back to the front page. n/t
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Tx4obama Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-26-11 03:15 AM
Response to Original message
36. Please list what FDR did in his first 2 years, thank you. n/t
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Solomon Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-26-11 08:02 AM
Response to Reply #36
39. Crickets
LOL
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lib2DaBone Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-26-11 04:16 AM
Response to Original message
37. Yep.. the trickle down economy...
But what trickles down isn't fit for consumtion....

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jaxx Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-26-11 07:14 AM
Response to Original message
38. Too bad he wasn't given the opportunity to be Barack Obama.
People immediately tried to stuff him into being someone else, and the put downs began.

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JoePhilly Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-26-11 08:12 AM
Response to Original message
40. If Obama isn't FDR in 2 years or less, he's failed ... gotcha.
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Leftist Agitator Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-26-11 08:19 AM
Response to Original message
41. We needed FDR... We got Neville Chambelain.
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Starry Messenger Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-26-11 08:20 AM
Response to Original message
42. k&r
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NYC_SKP Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-26-11 09:44 AM
Response to Original message
43. Locking.
Upon reading the full article, the DU Moderators find this article to be supportive of RW goals and talking points.

Not OK.

NYC_SKP, DU Moderator

:patriot:



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