Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Obama's 'Presidency in Peril' or 'Failed President?'

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Editorials & Other Articles Donate to DU
 
MrMickeysMom Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-06-10 09:50 PM
Original message
Obama's 'Presidency in Peril' or 'Failed President?'
12 deadly signs Wall Street's 'Conspiracy of Weasels' killed Obama's reforms,,,

By Paul B. Farrell, MarketWatch
ARROYO GRANDE, Calif. (MarketWatch) -- Financial reform is D.O.A. Window dressing. What's next? An implosion? Yes, a depression. Dead ahead.

Scott Adams warned of this trend in "Dilbert & the Way of the Weasel." Forget competition. No, capitalism breeds monopolies, it's a "financial system designed to transfer money from lesser weasels to greater weasels. Someday, if everything goes according to plan, one supreme weasel will have all the money and everyone else will be his or her domestic servant."

Until then, 99% of America's wealth remains concentrated in Wall Street's "Conspiracy of Weasels." They know only one thing, blindly "follow the money. If you took the same amount of money" traded daily on the NYSE, "sealed it in drums and dropped it in the ocean, 4 billion weasels would drown just trying to be near it."

http://www.marketwatch.com/story/story/print?guid=A3604D3F-AF24-43A5-A355-E8CFEC4DCACB

There might be a bit of embellished sensationalism in the way that this article is written, but it is it voices real concerns. If the article is an accurate forecast, then batten down the hatches. As a member of a local government council, I see this as making my position is more important than ever, and more difficult.

Someone can now proceed to talk me down before I resort to posting links again to Zeitgeist!

MMM
Printer Friendly | Permalink |  | Top
napi21 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-06-10 09:58 PM
Response to Original message
1. By far Wall St. has a lot of power, as was desiged. But it will NEVER
outmass the majority voters. Be creful how much of the MSM you believe. The Pubs have ALWAYS been supporters of WS & the wealthy. That's their platform, but I still have trust in the majority of voters in the US. The MSM won't report it, but there are a lot of people who recognize that WS & the wealthy currently control our Gov't and they're not happy with that. You are talking about total fascism & I don't think that will happen.
Printer Friendly | Permalink |  | Top
 
MrMickeysMom Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-06-10 10:04 PM
Response to Reply #1
3. I want to believe what makes the most sense, believe me...
But what can you say about the majority of voters actual numbers? Are you saying that this is something that will drive what is a diminishing return back to the polls?
Printer Friendly | Permalink |  | Top
 
napi21 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-06-10 10:55 PM
Response to Reply #3
4. I don't have a crystal ball nor does the MSM. I can't give you numbers.
I believe most voters recognize this mess isn't Obama's making, and they haven't forgotten whoes fault it is. WIll the voters who got Obama elected actually go to the polls in Nov? I doubt many will. Off year elections are always lower turnout. I do everything I can to make sure every Dem or Indi I encounter realizes how important it is not to let the Pubs rue again, and I ignore the Pubs (there are LOTS around here!) because I hope they WILL be apethetic and just stay home. If we all do the same, the Dems will probably still losesome seats, but will retail the majority.
Printer Friendly | Permalink |  | Top
 
Pirate Smile Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-06-10 09:59 PM
Response to Original message
2. The Bill is tougher then anybody thought it would be and Wall Street despises Obama now.
Wall Street has turned against Dems because of it yet people are still here yelling "corporatist" at them.

Getting attacked by all sides as usual.

It is getting comical.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Tue Apr 30th 2024, 07:19 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Editorials & Other Articles Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC