Archive for the ‘Democrats’ Category
Barack Obama’s support for corporate trade goals, no matter how unethical and/or borderline illegal, is nothing new. His early and lasting backing of the Panama trade deal – a stellar performance wherein he convinced Democrats to vote for a bill which made it legal for US corporations to violate US law – was a brilliant part of his strategy to move the Democrat party onto Wall Street.
So it was no surprise to anyone familiar with his history that he has been appointing hired Wall Street guns – or goons – to write his TransPacific Trade Policy. Nor is it surprising that he has had nothing to say against their “former” companies paying them for writing and negotiating the deal.
Officials tapped by the Obama administration to lead the Trans-Pacific Partnership trade negotiations have received multimillion dollar bonuses from CitiGroup and Bank of America, financial disclosures obtained by Republic Report show.
Stefan Selig, a Bank of America investment banker nominated to become the Under Secretary for International Trade at the Department of Commerce, received more than $9 million in bonus pay as he was nominated to join the administration in November. The bonus pay came in addition to the $5.1 million in incentive pay awarded to Selig last year.
Michael Froman, the current U.S. Trade Representative, received over $4 million as part of multiple exit payments when he left CitiGroup to join the Obama administration. Froman told Senate Finance Committee members last summer that he donated approximately 75 percent of the $2.25 million bonus he received for his work in 2008 to charity. CitiGroup also gave Froman a $2 million payment in connection to his holdings in two investment funds, which was awarded “in recognition of [Froman's] service to Citi in various capacities since 1999.”
Do I have to explain what this means? How their companies are basically paying these guys in advance to continue promoting their interests even as they pretend to work for the govt? Or that Obama just about had to be working hand-in-glove with these corporations to come up with these guys’ names in the first place? Or that these payments are a measure of how deeply corrupt our system is now?
That’s what I thought.
For a long time I have been listening to liberals and progs talk as if something has gone wrong with the system and if we could just adjust this or tweak that, everything would be hunky-dory. They understand that the Republicans are out of control, the corporations are in control, and the financial sector calls the shots. What they consistently refuse to do is admit that those three sectors are and have been working together for 30 years or that the fourth of the united sectors consists of Third Way Democrats. Here’s a recent Krugman.
[W]e had our own version of the sorta-kinda left utterly failing to take on austerian macroeconomics in the United States – President Obama’s “pivot” from jobs to deficits, which actually began in 2009, back when Democrats still controlled both houses of Congress.
Sounds like a policy switch on Obama’s part, doesn’t it? Only it isn’t. In his famous keynote speech at the ’04 Dem convention, Obama was careful to eschew any too left-leaning rhetoric that might dismay corporate backers; just before the ’08 election, Obama met secretly with some of the most powerful financiers on Wall Street; and one of his early acts as president was to name an anti-deficit commission to which he appointed a number of powerful and long-term opponents of Social Security including Pete Peterson.
Seen from that angle, not so much a pivot as a straight line. Krugman seems to think the Dems are just listening to the wrong people because they lack “moral courage”.
[T]he nature of our current economic situation is that smart policy requires that you ignore what supposedly responsible people, who sound as if they know what they’re talking about – and hey, they’re rich, so they must know something – have to say.
And no government of the moderate left has had the intellectual and moral courage to do that.
Fraid not. An objective analysis of Democratic actions over the past two decades leaves little room for doubt: in virtually every instance when the Dems had to choose a path, they chose the one that was corporate-contributor friendly. Maybe we should stop pretending that the Dems are liberal, hm? They’re just slightly less obsequious than Pubs when it comes to kissing 1% ass. Get used to it.
The NYT decided to actually investigate something this week because they thought the result would embarrass Obama (their main criteria for greenlighting political exposes). It does. It also embarrasses the whole Democrat party.
With the Obama administration deporting illegal immigrants at a record pace, the president has said the government is going after “criminals, gang bangers, people who are hurting the community, not after students, not after folks who are here just because they’re trying to figure out how to feed their families.”
But a New York Times analysis of internal government records shows that since President Obama took office, two-thirds of the nearly two million deportation cases involve people who had committed minor infractions, including traffic violations, or had no criminal record at all. Twenty percent — or about 394,000 — of the cases involved people convicted of serious crimes, including drug-related offenses, the records show.
Aside from the usual circumstance of Obama’s mouth writing checks his administration can’t – or won’t – cash, this is a classic example of standard Democrat duplicity: doing what they see as expedient and then blaming progressive activists for making his job dealing with batshit crazy Pubs more difficult. According to Obama and his people, when progressives call him on his bullshit, they are hurting him; when they try to help him achieve his stated goals, they are hurting him; when they won’t follow him as he surrenders to conservative insanity, they are hurting him. In fact, it seems that the very existence of progressives is a threat to him. Read the rest of this entry »
Chicken contaminated with chicken manure is one likely result to come from the ag department’s dangerous and ridiculous determination to privatize poultry inspection in some 200 processing plants across the country. Currently, government inspectors – who’re professionally-trained in food safety – are stationed along the processing lines in the factory operations of such giants as Tyson Foods. They examine the birds for diseases and visible defects, including – yes – contamination by feces.
But the Obamacans have a “modernization” plan to remove these skilled, independent inspectors and let corporations police their own lines with untrained company hirelings. In addition, the privatization scheme would allow the poultry plants to speed up their lines to an absurd 175-birds-per-minute!
I said almost unbelievable. If I hadn’t, years ago, given up on Obama proving to be something other than a tame corporate shill, this would feel like a betrayal. As it is, I just sighed, “Of course.”
More of the Myth and one of the reasons corporate-owned Pubs spent so much spreading it around. “Govt is bad, corporations can do a better job policing themselves if we just leave them alone” is the kind of thinking that certainly makes it easier for corporations to dump govt inspections (after having paid the appropriate bribes to the appropriate officials and pols, of course), which means, of course, there will be no inspections at all, thus no possibility that profits will be lost due to nasty govt refusing to let them sell – at full price, mind you – spoiled food or food full of, you know, poisons and nuclear waste and shit and what not. Of course.
Apparently it isn’t enough for the Democrats to let agrocorps make our food unsafe, now they have to let them make it lethal. I hope the Dems are getting a good price for poisoning us. Because that’s what’s important here.
Obviously this is less important than it might at first appear.
Among the ostensibly “non-essential” services on hold during the government shutdown is the Food and Drug Administration’s food inspection program. Within the country, as the Huffington Post points out, that means as many as 80 food production facilities each day may be going uninspected (although an FDA spokesman clarified that an unclear portion of those will be carried out by state agriculture and public health departments).
OK, so you probably think that at least if you’re a dedicated cheerleader they won’t throw you under the bus even if you’re not their first priority. But you’re being naive.
Regardless of who wins the presidential election in November or what compromises Congress strikes in the lame-duck session to keep the economy from automatic tax increases and spending cuts, 160 million American wage earners will probably see their tax bills jump after Jan. 1.
That is when the temporary payroll tax holiday ends. Its expiration means less income in families’ pocketbooks — the tax increase would be about $95 billion in 2013 alone — at a time when the economy is little better than it was when the White House reached a deal on the tax break last year.
You don’t matter. The “deficit” they created matters. It’s your job to pay it off. This was never a priority, it was just a temporary gimme for show.
Independent analysts say that the expiration of the tax cut could shave as much as a percentage point off economic output in 2013, and cost the economy as many as one million jobs. That is because the typical American family had $1,000 in additional income from the lower tax.
But there is still little desire to make an extension part of the negotiations that are under way to avert the huge tax increases and across-the-board spending cuts, known as the fiscal cliff, that will start in January without a deal.
Nope. Nobody on either side gives a shit.
Many Republicans vehemently opposed its passage last year, as it would divert money from the Social Security program. Many Democrats fervently supported it last year but show no such enthusiasm now. Nancy Pelosi of California, the top House Democrat, has told reporters she thinks it should expire.
So don’t ever get your hopes up. No matter what happens, you’re never gonna be on anybody’s gift list.
All the great philosophers and theologians since the time of the [early] Greeks have lauded the sacrifice of one’s self and one’s possessions for the sake of the greater good of others as the most honorable action a man can take. Therefore, the great thinkers of the modern rich right wing have implemented a society which makes it not only a privilege for you to sacrifice for the greater oligarchic good but a necessity, thus insuring your entrance into, if not saintliness then at least acceptability within the servant class.
The recent Supreme Court decision allowing the Constitutionality of Obama’s health care bill can be seen as a case in point. With no effort on your part and despite whatever qualms you may have about the way the bill tends to subvert, deny or delay actual treatment, you will be required to pay health insurance corpo’s a sizable chunk of your income for advising you that your illness isn’t covered. (That’s apparently in the Constitution somewhere.)
In this way you will be allowed to sacrifice not just your income but your health for the good of insurance corpo’s whose profits are not yet obscene enough to cause riots. Which seems to be their goal.
Don’t let yourselves be taken in by the appearance of unrestricted greed. Remember, they’re doing it for you, not to you.
There’s a new analysis of the Gulf oil spill that makes plain the reasons for it are, as many of us said, systemic. Not an accident, not a once-in-a-lifetime concatenation of incompetence, faulty equipment, and mismanagement, no, the direct result of BAU. The report calls for massive new regulation of the oil industry. The reason I know this will not happen is that Harry Reid promises to get right on it. QED.