DRichards: Right on! Thank you very much! This is all what we should be thinking every time we see or hear Obama. He is a disgrace to his party and to his base (those of us who voted for him based on his campaign rhetoric). But, his real base is Wall Street...all the flim flam high rollers who gamble with other people's money. Who was it...Nomi Prins who wrote the book "Other People's Money--The Corporate Mugging of America"?

http://www.nomiprins.com/other-peoples-money/

Is Anyone Dumb Enough to Believe that Obama Supports the 99%?Posted on October 17, 2011 by WashingtonsBlog

Obama Pretends He Supports the 99% … But He’s a Wolf In Sheep’s Clothing

Obama is pretending that he supports the 99%.

But Obama has raised more from Wall Street than anyone else. He is bought and paid for.

Mr. Obama has appointed the very Wall Street insiders who helped cause the financial crisis to top posts. See this, this, this and this.

He thinks that high unemployment is a good thing.

Obama – just like the other pimps in D.C. – has institutionalized fraud as an official (if unspoken) party platform.

Americans want our liberties restored, our troops brought home, and the Fed reined in. But Obama hasimplemented plans for war throughout the Middle East crafted by the Neoconservatives a decade (or more) ago, and gotten us into 7 (oops …8) wars, attacked our liberties even more than Bush and allowed the Fed to dramatically expand its powers.

Americans didn’t want bailouts, but Obama helped to facilitate trillions in direct and hidden bailouts.

Obama doesn’t support the 99%. He is a wolf in sheep’s clothing.

As Yves Smith notes:

A saying I learned in Caracas: “A politician is someone who gets in front of a mob and tries to call it a parade.”

Note: Forget what you’ve been taught … the mainstream Democrats and mainstream Republicans are virtually identical on all core matters. Don’t fall for the old divide-and-conquer trick.

Posted in Politics / World News | 7 Comments

Cynus1: Thanks! I think I look good in bold. But you are saying some very powerful things yourself. Keep it up!

Thom: "So - no matter how much Republicans insist it is - it’s not the fault of the jobless that big corporations moved their jobs overseas – it’s the politicians who’ve pushed Reaganomics and so-called Free Trade over the last 30 years – and sabotaged economic stimulus over the last 3 years. And many of those politicians were on the stage in last night’s Republican debate."
Yes, this is very true...but, Obama and some of the Democrats are not much better...in fact..maybe worse...because they pretend to be speaking for the downtrodden...the victims...and trying to blame it all on the Republicans. Well, they are not going to get away with it this time. The Democrats preach false hope and tell us lies and will continue to stab us in the back after they are re-elected...and they will say "see there, the people must think we are the better choice and our (pro-ruling elite and anti-labor) policies are "supported by the people". The Democrats had their chance and blew it...their actions showed them up for what they really are...insincere, greedy blowhards who are playing the smoke and mirrors, bait and switch, good cop bad cop games who are selling us out to the 1%.

What happened to yesterday's blog...all the comments were from June or July...can't remember which...but they were not current. What was the snafu...were you hacked?

Anyway, glad to see we are back to normal (whatever "normal" is).

Stonesphear, the negative or wicked forces, which you call the devil, join together with each other like a giant magnet, wherever they find each other. That wickedness is never enjoined with the good in mankind in order to ward off the evil or wickedness in another. In other words: A man or woman who is "good" will never take on the presence of wickedness in order to fight those who are wicked. That is a contradiction of a sorts. The "devil," as you call it, will always make subservient, mankind, and never the opposite. That is precisely why this planet is in constant and total chaos, with the wicked 1% and their sincere followers keeping secrets of their powers away from the people, such as the positive creation of money for the benefit of all, which of course is called "quantitative easing", a word we need all remember and become well familiarized with.Instead the wicked utilize "quantitative easing" for their own benefit and power in creating wars for example and using your sons and daughters as their tools for their own self-centered purposes.

Wickedness never allows for soul progression therefore wherever you have a societal structure this type of immature soul adds nothing positive of any importance, but rather continues to wallow in a stream of self importance ignoring the needs and wants of all those around him or her.

In your thought to unravel: Keeping alive is indeed the most important personal task of any individual who wishes to bring to the people, that which the 1% insists should not be brought, a task which in most cases takes great fortitude and determination.

You liberally speak of the "devil" in you. I highly doubt that you fall into the category of having as you say a devil within you.

Thom: You keep repeating the same errant information, and you did it again yesterday. The American taxpayer is NOT ahead in the takeover of General Motors (aka Government Motors). To come out EVEN the U.S. taxpayer needs to have his or her shares, that the government bought, sell for about $53.00/share. It is currently trading at $23.25/share. How are we, the taxpayer, anywhere near even? We are never goint to recover from this "bailout" and you know it.

cygnus1

Thought to unravel :

There is no power accessible to living and staying alive greater than living the ability to live and stay alive.

Personal opinion.

So long as I live, the Devil in me is my servant defending me from the Devil in Others.

Between Devils, I am surprised that I am still alive let alone the fact that your still around.

So far so good.

The 1% and their top worker eyes do not care one whit about you, the people, only about their own future. They cannot recognize the despair in many of you, nor can they sympathize, empathize nor even relate to you. Stop looking for a kernel of good in a poisoned soup for before long that kernel will become poisoned too. Throw out the soup and begin a brand new batch. Below is an article by Palindromedary. It is well worth the read again for Palindromedary understands exactly the state of affairs in relation to that which has gone on amongst the Republicans themselves.

By Palindromedary (in answer to a former post)

"The meek shall inherit the earth?"

Yeah, maybe, but all they will get is leftovers...if that. It might end up being a burned out cinder and cesspool...who will want that?

I think the problem is, and always has been, that the meek are their own biggest problem...they're meek. They let the Romans...or anyone else run roughshod over them. The Romans still control a large part of the population, after all these years, because they were able to control propaganda...feed people with "don't worry about your miserable and bleak existence of exploitation here on earth because you will get your rewards in heaven"...and "give unto Caeser...what is Caesars"....and "don't rebel against your masters". If you pride yourself for being meek...Jesus-like, if you will, then the few who excel at being greedy and rapacious along with devious and cunning will love it that you are so easily psyched into inferior positions that makes it easy for them to take advantage of you. But then, those aspiring saints are often conflicted with the want of material things, tempted by the devil perhaps, and resort to a kind of hypocritical existence. Some have even "risien?" to such saintly heights as heads of banks and big-time gamblers of OPM (other people's money) at Wall Street. They may see themselves as "doing God's work" and despise all of the little people who are nothing but a bunch of lazy losers who deserve their plight....greedy little maggots who think they deserve to have a decent shelter, food, and medical care.

The modern-day Roman Empire continues to psyche us into a kind of voluntary slavery...tempting us with the tantalizing dreams of having the good life...with all of the material things we are induced to want. Constant psychological pressure to want this or that by marketing hype...a constant barrage of advertizing..honed by legions of psychologists on the payroll of these companies...keep us all addicted to collecting so many things that they mostly end up as cluttering junk...we need bigger houses to hold it all. The psychological marketing of real estate and banks to get you hooked into believing you have to sell your soul, rather your future, into buying a house...or maybe even "moving up" keep you hypnotized, zombie-like, into signing on the dotted line.

And then, when we are all indebted to the gills, indebted to a life of slavery, of debts we owe, and a continued history of squeezing the wages and salaries to our inability to feed our families, the gamblers wreck the markets, valuations of our "investments" fall but our liabilities continue. We are caught between a rock and a hard place...and the rich have the gall to claim that it is all "our fault". What? For going along and believing in the capitalist religion and marketing ploys that the rich entrapped us with in the first place? When advertising deviates from just informing people of the availability of their products to psychologically hooking you into believing you can't live without it, or you will smell bad, or you will look silly because you are the only one on the block without it, or it will save your life, your sex life, or your economic well-being then the rich, who strove to benefit from deceiving you, should not be able to turn around and blame the people for being impoverished because of their marketing hype. Real Estate and bankers were especially bad at convincing us that we had better buy now or never be able to buy a house because the prices would continually go out of sight. Many of these real estate people and banksters knew that their house of cards would, or "the bubble", would eventually disintegrate leaving millions in the condition they are in now. They knew it! They planned it! And now they need to suffer our wrath! The many against the few who screwed us for their selfish greed!

(The bolding is mine for easier viewing - Cygnus1)

A bankster is a play on words meaning bankers who are gangsters, get it?

To add Mr. Jabobs:

It's hard for me to understand why I should be paying for or feel an obligation for some insurance CEO jerk's fifth house in Switzerland... his country club fees, his children's private school education or their $1 mil birthday parties, his wife's spa or shopping trips to Paris, etc., and for his golden parachute when he FAILS, instead of receiving SERVICE from the product I am purchasing.

I think you should refer to the comment by some wealthy poster (Alenite #19) on Thom's blog last week about the violence in Boston against the Wall Street protesters to see just how much the wealthy "appreciate" your support.

Mr Jabobs:

I don't know about you, but after I total all the premiums, deductables, and copays and compare them against what insurance WILL pay, I find that insurance runs off with most if not ALL of my hard-earned money. It's hard for me to understand why I should be paying for or feel an obligation for some insurance CEO jerk's fifth house in Switzerland instead of receiving SERVICE from the product I am purchasing.

There are massive amounts of money/profits in the insurance industry with too much of it going to CEO salaries. I think ALL that money could be better spent helping REAL people--you know--the people who PAY for the product and maybe those who are unable to pay, because some of us believe that all humans have value and that healthcare is a human right, not a commodity.

These wealthy people LOVE the suck-ups like you. You help them stay in power--support their greed--their selfishness, because you are their mirror. I think all of you "survival of the fittest" jerks should find your own island where you can out-survive each other and live out your childish/competitive/selfish "Lord of the Flies" mentality and leave the rest us adults to survive and prosper on our humanity and shared community--you know ADULT values.

By the way. the CEO of the largest bank in China only makes about $150,000 per year. It's only a job afterall--not a kingship.

Comparative advantage is a pretty straightforward concept, focus on the thing you do best and use the production in excess of what you need inside your own country to trade for the products of other countries making what they do best. The key idea is being able to produce more than you could if you had to make everything yourself and trading your excess output with other trading partners.

I suspect that the place our free trade agreements are failing us is in the negotiation and enforcement of the agreements. The agreements need to limit our exposure to trade goods to those that equal our excess production. If we as consumers wish to obtain more than we produce, we can purchase them through ordinary methods, buying them from retail suppliers oversees and shipping them home for personal use. The overhead in those individual transactions, the shipping, the transaction costs and hassle, will naturally limit the advantage a low wage nation has over a high wage country.

We also need to make the details of our trade agreements more transparent, assuming that is not counter to our national interests. As always, transparency is a two edged sword. We like to know what our government is doing, but in finding out the details, we make them public for our competitors and those who would seek to do harm to our interests to know as well. It would be one thing if we felt we could trust our elected representatives to look out for the best interests of the nation, but as Thom so often reminds us, they are paid representatives of multi-national corporations, with precious few exceptions.

Trade can be a good thing for everyone involved if you make the right deals, and you negotiate on behalf of the American people.

Speaking of the American people. It's time we accepted the fact that the world has changed. We cannot expect to remain in a single profession with a single employer and retire comfortably at 65 years old, never learning a new set of skills or a new business. I thought I was diversified, working in Wisconsin for the state government in technology, and buying, fixing up and renting out homes that had fallen into disrepair. As you can imagine, my fortunes have changed considerably over the last 5 years. The message I have absorbed is that once you lose one of your diversified sources, you need to replace it as fast as you can.

And never underestimate the ignorance of a certain segment of the voting population. :)