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In reply to the discussion: Where's the Democratic Party's "vision for the future"?? [View all]jtuck004
(15,882 posts)98. You are right. Here the Democrats cooperate with the Repubs
to support the banks and their wealthy bondholders on the theory that their wealth will trickle down, provide them trillions of dollars in taxpayer backup from which raked profits of billions of taxpayer dollars and paid hundreds and hundreds of millions in bonuses from taxpayer dollars to people for defrauding the American people, an Inspector General of TARP who joins a long line of people documenting the support of the wealthy at the expense of the rest of the country by the Treasury Department, as well as a general unwillingness to investigate those who cause our financial crisis,
.
from 2009...
A.I.G. Planning Huge Bonuses After $170 Billion Bailout
WASHINGTON The American International Group, which has received more than $170 billion in taxpayer bailout money from the Treasury and Federal Reserve, plans to pay about $165 million in bonuses by Sunday to executives in the same business unit that brought the company to the brink of collapse last year.
Edward M. Liddy, the government-appointed chairman of A.I.G., argued that some bonuses were needed to keep the most
skilled executives.
Word of the bonuses last week stirred such deep consternation inside the Obama administration that Treasury Secretary Timothy F. Geithner told the firm they were unacceptable and demanded they be renegotiated, a senior administration official said. But the bonuses will go forward because lawyers said the firm was contractually obligated to pay them.
The payments to A.I.G.s financial products unit are in addition to $121 million in previously scheduled bonuses for the companys senior executives and 6,400 employees across the sprawling corporation. Mr. Geithner last week pressured A.I.G. to cut the $9.6 million going to the top 50 executives in half and tie the rest to performance...
here
while the numbers of people in poverty and "working poor" increase, millions of families are yanked from their foreclosed homes, (while we pay $40 billion a month to support the assets of those who buy mortgage-backed assets) and the country faces a bleak future from the loss of millions of jobs which will never come back while the wholesale replacement of millions of jobs with low-wage "positions" that will lead to crisis after crisis for the next several decades. Today 26 million people vie for 3.6 million jobs.
They didn't come vote, and after all that was done for them. Ingrates.
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MUCH of what you have here IS on the agenda, however, like it or not, here is the REALITY:
RBInMaine
Dec 2012
#3
Some people have morals and ethics and believe what they were taught in Civics Class. Workers and
byeya
Dec 2012
#8
IIRC, it was angry independents breaking massively for Republicans and young Obama voters
MannyGoldstein
Dec 2012
#15
I am not sure either. I suspect that it was the occasional voter who believed(as did I) the
byeya
Dec 2012
#18
It was actually older voters that stayed home in 2010. I wonder why what with putting SS
Vincardog
Dec 2012
#85
Agreed. Democrats still have trouble acting like they want to win elections....
beerandjesus
Dec 2012
#14
Not true either. Clinton caved on all of the most impactful bills of the 90s that are crushing us
MessiahRp
Dec 2012
#129
The governing strategy of W Bush was an atrocity per day...That way you'd get a news story one day
byeya
Dec 2012
#20
I understand. But there is a huge difference between being covered in general by the
rhett o rick
Dec 2012
#133
Funding Big War while starving seniors is hardly 'bitching over the perfect'.
grahamhgreen
Dec 2012
#71
"Fire up" the electorate by putting Social Security "on the table". Great move.
xtraxritical
Dec 2012
#117
Excellent post once again, Bvar. And I love that quote from Truman. We are in
sabrina 1
Dec 2012
#109
Me neither and from I'm seeing all over the country, we are not alone and the loss
sabrina 1
Dec 2012
#119
Pure tripe. Political issue junkies never, under any circumstances, fail to vote
eridani
Dec 2012
#114
Same with me: the 2nd time was because Romney was so completely awful. TR-Square Deal;
byeya
Dec 2012
#5
Romney was more moderate than most, so you will always "hold your nose" and vote
merrily
Dec 2012
#51
The Democratic Party's "vision for the future" can be found here - thirdway.org
Dragonfli
Dec 2012
#7
They hated Obamacare more than they hated the neocons, so the centrists stayed home
Kolesar
Dec 2012
#135
Compulsory public education is right! Although Americans bewail the state of public education,
byeya
Dec 2012
#41
we're not allowed to get a glimpse of what a great education would look like
liberal_at_heart
Dec 2012
#44
In the program I was in, many graduates went as sophmores to places like MIT, CalTech and other
byeya
Dec 2012
#62
The school I went to, the Baltimore Polytechnic Inst., had three programs: A, B and G. The B was
byeya
Dec 2012
#74
Vision for the future? That's why God made Democratic think tanks, such as Third Way and
merrily
Dec 2012
#48
The South is going to be a problem we need to take over state houses in the south......
loyalkydem
Dec 2012
#91
Just tweeted this superb OP & thread to @whitehouse @NancyPelosi & @SenatorReid
tpsbmam
Dec 2012
#125