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ORIGINAL: TheHeretic

It's quite simple, really. They don't have a candidate to vote FOR.

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ORIGINAL: defiantbadgirl

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ORIGINAL: TheHeretic

It's quite simple, really. They don't have a candidate to vote FOR.

Yeah it's all Obama's fault the Republicans in congress stop him from helping the economy. I'm a Democrat. Want to know why I'm so full of hate? I'm sick of  Republicans blocking jobs bills and anti-outsourcing bills. I'm tired of  Republicans wanting to repeal the Affordable Care Act so many innocent children and adults with chronic illnesses will be sentenced to death just like premeditated murderers. I hate that so many cancer patients who do find a way to pay for chemo aren't eligible for temporary SSDI, despite the fact they paid into it.  I detest what Republicans have done to poor and middle class Americans. I hate Republicans for fighting against ending tax breaks for rich corporations that outsource jobs. I'm tired of Republican politicians and greedy businesses using Americans' love for freedom to exploit them.   

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Even the hapless Jimmy Carter did not attain that status.

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ORIGINAL: samboct

I'm going to disagree with the article and with Dark Steven- at least a bit.

1) Obama didn't screw the pooch on the economy. If he had, we'd be looking at a global depression because that was the possible magnitude of the financial failure. It's a lot like the Y2K bug. Everybody thought it was fizzle because it got fixed. Well, if it hadn't gotten fixed, it would have been a disaster. Obama made an error in not tarring the Republicans with the economic crisis he inherited- a grave error. His thought process was simple- the Republicans would be grateful that he didn't rub their nose in the mess they made, that they'd work together with him to clean it up. Ding!!!! Yeah, right....Instead, the spin has been that it effectively never happened, and that the disaster of the economy has been laid at Obama's feet. Republicans seem to be pretty good at this type of ridiculous spin- how many folks believe the fairy story that Ronnie Rayguns won the cold war?

2) Obama does have guts- look at the way he handled the Bin Laden affair. He made the tough call and promptly.

3) Obama has made mistakes- he has underestimated the depths that the Republican party will sink to, and he's hamstrung himself by worrying about showing up as an angry black man- which would automatically alienate the majority of the country.

4) The mainstream media didn't elect Obama- a grassroots campaign did. That the mainstream media is prejudiced against the right is a fairy story spread from Ronnie Rayguns. Never was....and now it's prejudiced against the left. How else do you explain the NY Times not questioning the rationale behind Gulf War II, i.e. buying into the BS about WMD? There were plenty of liberals- me included (who, BTW is happy to call himself a liberal and screw you Bush I) who knew that they Iraqis didn't have the capability that was claimed and were ignored. Yes, I wrote letters in- notice how much good it did? And yet the NY Times is considered a left wing rag....

Sam

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It is not a strain to conclude that the mainstream media, rather than the electorate, put Obama into the highest office in the land.

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ORIGINAL: samboct

"No, we wouldnt be looking at a global depression. Companies would have failed, companies would have been split into pieces and companies would have survived intact. Paulson and Bernanke scared the shit out of you so they could have their slush fund to play with. "

That's akin to saying that a bank run wouldn't have much of an effect, since the same results of some failed companies would be seen. Yet the history of bank runs is that they precipitate either recessions or depressions because when credit freezes businesses and economies collapse. While the fundamentals of an economy may be reasonably sound- panic can destroy a great deal of paper wealth in a hurry- and we certainly were looking at that, since major reinsurers such as AIG were in deep trouble.

Seems to me that denial of the terrible straits we were in is one of the ways that the neocons have spun things so that GWB doesn't come out looking all that bad. FDR was smarter than Obama-he blamed Coolidge and Hoover for years- and rightfully so. Bush's expansion of the debt wasn't done overnight- and like the mechanic's sign in the shop reads- "Don't expect me to fix it in the same time you took to wreck it." Perhaps Obama's biggest flaw is not telling everybody what kind of rotten shape we're in- courtesy of GWB and company.

Sam

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ORIGINAL: willbeurdaddy

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ORIGINAL: samboct

"No, we wouldnt be looking at a global depression. Companies would have failed, companies would have been split into pieces and companies would have survived intact. Paulson and Bernanke scared the shit out of you so they could have their slush fund to play with. "

That's akin to saying that a bank run wouldn't have much of an effect, since the same results of some failed companies would be seen. Yet the history of bank runs is that they precipitate either recessions or depressions because when credit freezes businesses and economies collapse. While the fundamentals of an economy may be reasonably sound- panic can destroy a great deal of paper wealth in a hurry- and we certainly were looking at that, since major reinsurers such as AIG were in deep trouble.

Seems to me that denial of the terrible straits we were in is one of the ways that the neocons have spun things so that GWB doesn't come out looking all that bad. FDR was smarter than Obama-he blamed Coolidge and Hoover for years- and rightfully so. Bush's expansion of the debt wasn't done overnight- and like the mechanic's sign in the shop reads- "Don't expect me to fix it in the same time you took to wreck it." Perhaps Obama's biggest flaw is not telling everybody what kind of rotten shape we're in- courtesy of GWB and company.

Sam

"bank runs" wouldnt have happened. Youre in the wrong century.

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ORIGINAL: DomKen

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ORIGINAL: willbeurdaddy

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ORIGINAL: samboct

"No, we wouldnt be looking at a global depression. Companies would have failed, companies would have been split into pieces and companies would have survived intact. Paulson and Bernanke scared the shit out of you so they could have their slush fund to play with. "

That's akin to saying that a bank run wouldn't have much of an effect, since the same results of some failed companies would be seen. Yet the history of bank runs is that they precipitate either recessions or depressions because when credit freezes businesses and economies collapse. While the fundamentals of an economy may be reasonably sound- panic can destroy a great deal of paper wealth in a hurry- and we certainly were looking at that, since major reinsurers such as AIG were in deep trouble.

Seems to me that denial of the terrible straits we were in is one of the ways that the neocons have spun things so that GWB doesn't come out looking all that bad. FDR was smarter than Obama-he blamed Coolidge and Hoover for years- and rightfully so. Bush's expansion of the debt wasn't done overnight- and like the mechanic's sign in the shop reads- "Don't expect me to fix it in the same time you took to wreck it." Perhaps Obama's biggest flaw is not telling everybody what kind of rotten shape we're in- courtesy of GWB and company.

Sam

"bank runs" wouldnt have happened. Youre in the wrong century.

you're insane. Boa and aIG would have failed without the TARP bailouts. Their assets came no where near meeting their obligations so all of BoA's depositors would have gone to the FDIC which did not have anywhere near enough liquidity to handle those payouts. No bank was big enough to take over BoA so it would have either closed down completely or been sold off in pieces over the course of many months.

A lot of people had unsecured investments and deposits in those two institutions. Simply wiping away all that money would have had a huge knock on effect through out the economy which would have resulted in, at minimum, a couple of years of 5%+ deflation. With other banks failing due to AIG failing and news of the FDIC's woes people would naturally want their money out of the surviving banks. Which means bank runs.

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ORIGINAL: samboct

So yeah- us liberals aren't full of hate, but we're damn sure pissed off. Time to stick our heads out the window and yell, "I'm mad as hell, and I'm not going to take it anymore!"


Sam

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ORIGINAL: defiantbadgirl

They already repaid it, which means they have no reason to lay off all those workers other than fat cats wanting bigger bonuses.