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Good article (for a change). Maybe it's not so surprising that he is hobnobbing with corporate fat cats these days. His care for normal people seems fake. When he needed something, he would go to us... but he did not do much for our benefit.
...the past eight years of policymaking have damaged Democrats at all levels. Recovering Democratic strength will require the party’s leaders to come to terms with what it has become — and the role Obama played in bringing it to this point.
...
In January 2009, Obama had overwhelming Democratic majorities in Congress, $350 billion of no-strings-attached bailout money and enormous legal latitude. What did he do to reshape a country on its back?
First, he saved the financial system. ... Rather than forcing some burden-sharing between banks and homeowners through bankruptcy reform or debt relief, Obama prioritized creditor rights, placing most of the burden on borrowers.
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Hillary Clinton endorses this message.
Good article (for a change). Maybe it's not so surprising that he is hobnobbing with corporate fat cats these days. His care for normal people seems fake. When he needed something, he would go to us... but he did not do much for our benefit.
...the past eight years of policymaking have damaged Democrats at all levels. Recovering Democratic strength will require the party’s leaders to come to terms with what it has become — and the role Obama played in bringing it to this point.
... In January 2009, Obama had overwhelming Democratic majorities in Congress, $350 billion of no-strings-attached bailout money and enormous legal latitude. What did he do to reshape a country on its back?
First, he saved the financial system. ... Rather than forcing some burden-sharing between banks and homeowners through bankruptcy reform or debt relief, Obama prioritized creditor rights, placing most of the burden on borrowers.
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Hillary Clinton endorses this message.
Pretty much spot on.
Last edited by Ibginnie; 09-21-2017 at 09:12 AM..
Reason: edited quoted post
Good article (for a change). Maybe it's not so surprising that he is hobnobbing with corporate fat cats these days. His care for normal people seems fake. When he needed something, he would go to us... but he did not do much for our benefit.
...the past eight years of policymaking have damaged Democrats at all levels. Recovering Democratic strength will require the party’s leaders to come to terms with what it has become — and the role Obama played in bringing it to this point.
...
In January 2009, Obama had overwhelming Democratic majorities in Congress, $350 billion of no-strings-attached bailout money and enormous legal latitude. What did he do to reshape a country on its back?
First, he saved the financial system. ... Rather than forcing some burden-sharing between banks and homeowners through bankruptcy reform or debt relief, Obama prioritized creditor rights, placing most of the burden on borrowers.
...
Hillary Clinton endorses this message.
Obama's tax policies hurt small businesses which helps squelch up and coming competition leading to monopolies.
Last edited by Ibginnie; 09-21-2017 at 09:13 AM..
Reason: edited quoted post
It's impossible to support Trump's economic policies while also condemning Obama's coziness with the finance industry. If you think Obama was too conservative, than you'll be sorely disappointed by Trumps Goldman buddies and their Laffer Curves.
I admit I bash the Washington Post a lot for being a far left, Jeff Bezos propaganda outlet, but I have to applaud them for having the courage to publish this.
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