How to lose a Democratic primary in 13 months
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How to lose a Democratic primary in 13 months
This is bad politics, not because of his stance but because of his failure to register any enthusiasm for Sotomayor, which will be remembered by Democratic primary voters (and may refresh their collective memories of Anita Hill). I had a longer post on this but the software from an obscure company called Clickability -- in case any technology purchasing agents are reading this -- destroyed it.
Comments (125)
"Everywhere I go, everyone I talk to there is a growing sense of regret that we put ourselves on this idiotic path to corporate nationalization and appeasement." Yes, because underregulation, speculation, and multiple wars were working so well for us.— RG
Comment removed.- "underregulation..." Gosh, if only Bush had pushed for tighter controls over Fannie/Freddie, none of this mess would have happened! "Published: Thursday, September 11, 2003 The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago. -- The new agency would have the authority, which now rests with Congress, to set one of the two capital-reserve requirements for the companies. It would exercise authority over any new lines of business. And it would determine whether the two are adequately managing the risks of their ballooning portfolios. The plan is an acknowledgment by the administration that oversight of Fannie Mae and Freddie Mac -- which together have issued more than $1.5 trillion in outstanding debt -- is broken. A report by outside investigators in July concluded that Freddie Mac manipulated its accounting to mislead investors, and critics have said Fannie Mae does not adequately hedge against rising interest rates. -- mong the groups denouncing the proposal today were the National Association of Home Builders and Congressional Democrats who fear that tighter regulation of the companies could sharply reduce their commitment to financing low-income and affordable housing. ''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.'' Representative Melvin L. Watt, Democrat of North Carolina, agreed. ''I don't see much other than a shell game going on here, moving something from one agency to another and in the process weakening the bargaining power of poorer families and their ability to get affordable housing,'' Mr. Watt said."— Vandy
- "Things are not getting better they are getting worse." Yes, recessions don't automatically turn around. Job losses are slowing, creidt markets are improving, the stock market is up. As for appeasement, tell me what Bush did about N Korea, Iran, etc in his 8 years, next to putting them in timeout (Axis of Evil)? And, as for nationalization, please remember for the upmteenth time, it was Bush who signed the original TARP bill that gave money to the banks.— RG
reddog, perhaps you might wonder why 401(k)s became the primary employee retirement vehicle when they were originally intended to be supplemental to traditional pensions.- Get your shaving cream pies ready: it looks like WriteWringer is making a play for Wingnut Star of the Week. Let's see if I can help him out: what, exactly, did Sotomayor write in the Ricci case? I'll buy a case of Yuengling to every commenter on Attytood if he's even in the same neighborhood as the truth.— DiTurno
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- "Things are not getting better they are getting worse." . . . . How come most Americans disagree with you? Librul media? Stockholm syndrome? Most Americans aren't "real" Americans? Obama's brainwashed them by flouridating the water?
- It's good to know that there is software out there now that removes one's ability to cut and paste. I'll make sure to avoid that. Thanks Will.— itwillhap
- “There’s no question that the jobless rate is going to continue to rise,” said Bernard Baumohl, managing director of the Economic Outlook Group. “It’s a dismal job market. It’s going to remain awful easily for the balance of this year. Even when the economy begins to recover, we might be witnessing the mother of all jobless recoveries.” That would keep the pressure on the seven million Americans who have been out of work for 15 weeks or longer — the largest number ever." http://www.nytimes.com/2009/06/06/business/economy/06jobs.html?hp when the stimulus package starts let someone in Washington know. At least Bush sent stimulus checks to all. Obama has done nothing but talk talk talk.— Fisher
- while Bush was in office with a republican congress the seniors 401k made money.....this is easily the dumbest thing I have read on here today. With jwad and WW posting, that is an accomplishment. any gains my 401K made since 2000 was lost in 2008. Since Obama has been President, I have made some very, very modest gains.— chasing history
- "Bush is gone RG." . . . . . . You know, I still pinch myself to make sure it's not a dream. Ouch, there I go again.
- "By what practical measure?" May had the smallest job loss since September. Jobs are often a trailing indicator. "Credit markets are improving?" TED spread has been improving. Consumer credit will eb impaired for awhile, since a) people are now saving not borrowing, and b) tightened lending standards. http://www.bloomberg.com/apps/news?pid=20601087&sid=an2VNHoxmJpY&refer=home— RG
I will make the point again , the policies currently underway here were tried over and over again across europe for the past 30 years they didnt work there , they wont work here so why are you trying ? . After years of liberal rule even in britain the far right are getting more and more support why are the democrats so determined to go down a path that history shows leads to disaster ? .— PAEnglish
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