Yesterday our new POTUS got knocked around a bit
by the wealthy class and their lobbyists.
Not one, but three punches (with the help of corporate lackey democrats in the senate of course):
Just this week, the bankers and their lobbyists -- who you might have reasonably thought would be the political equivalent of lepers in the halls of power these days -- have kneecapped substantive bankruptcy reform in the Senate, helped pull the plug on a government-brokered deal with Chrysler, and tried feverishly to throw up a roadblock in the way of credit card reform in the House.
the failure of the bankruptcy reform is particularly hideous.
Given the tidal wave of foreclosures that have so destabilized our economy, this seems like a no-brainer piece of legislation. There were over 800,000 foreclosures in the first three months of 2009 -- more than 341,000 in March alone.
so Bayh, Tester, Baucus, Specter (HAH HAH!!) and the rest of the "democrats" thought it wise to add significantly to the number of foreclosures coming, and thus destroy even further the value of real estate.
This from Sirota today:
By leaving the Republican Party this week, the five-term Pennsylvania lawmaker eliminated the last Democratic rationale for inaction: the Senate filibuster. With Minnesota Democrat Al Franken expected to be seated soon, and now with Specter, Democrats will have the 60 Senate votes needed to overcome all parliamentary obstructions.
This legislative magic bullet will force Democrats to fulfill their policy promises and potentially commence an era of dominance, or fail and get annihilated at the polls.
No longer can they blame Republicans for stopping bills to reform health care, tax, defense and trade policy. In command of the White House, the autocratic House of Representatives, and soon a filibuster-proof Senate majority, Democrats will have total authority to do whatever they want, and no scapegoat to fault. That means, as ABC News’ Rick Klein said, "This is Democrats’ turn to govern, no excuses"—and it means we’re about to find out whether their pledges were genuine.
Durbin's blustering yesterday was laughable. As if many of us don't already know who is running our country.
Obviously with 'democrats' like Bayh and Tester in the House of Lords, errrr, I mean Senate, we're going to need more than 60 votes, because we can count on the 12 'democrats' voting against EFCA, single payer health care, and more crucial progressive legislation.
or fail and get annihilated at the polls.
Again, the middle class and Labor helped elect Obama. the democrats doing nothing for them means they'll simply stay home from the polls in 2010, and 2012.
http://www.huffingtonpost.com/...
http://www.inthesetimes.com/...