February 23, 2012
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Before you vote, read this:
**PLEASE READ THIS BEFORE COMMENTING!**
Almost everything here is sourced out and linked to articles and I apologize for anything that isn’t. If you want more info on any of the subjects or people mentioned in this article I’d recommend Google as it will take less time to simply search for something than it will to ask me to provide the link and then wait for me to respond. You will notice my obvious bias right away, I am not trying to hide it but I am trying to put my personal opinions (based on the knowledge I have gained through research) out there. Please be civil in your comments, disagree all you want, argue, debate but DO NOT name-call on my blog, this includes both visitors to my blog and ANY of the candidates mentioned in it. Any comments violating this absurdly simple request will be deleted immediately.Barack Obama
Obama is one of the easiest to pick on merely because we’ve had a chance to see him in action. We were promised a few things before Obama was elected in 2008. We were promised a quick withdraw of troops from Iraq (within 16 months of him getting the presidency). We were promised Guantanamo bay and its insanity would be shut down and we were promised a balanced budget. We were also promised something Obama himself dubbed “sunshine before signing,” a system that was supposed to make the government more transparent to the public.
“When there is a bill that ends up on my desk as the president, you the public will have five days to look online and find out what’s in it before I sign it”
He promised “no jobs for lobbyists and went on to hire over a dozen on his campaign alone and at least 2 for cabinet jobs. He promised to end capital gains taxes, to reform our crazy earmark system, a $3,000 tax credit to businesses who hire new employees and he promised to put an end to the executive signing statements that give the president and his cabinet the ability to interpret new legislation in whatever way they see fit.
That never happened, none of it did. What has happened?
Obama has turned into a war hawk, signing the NDAA (National Defense Authorization Act) He’s raised the debt ceiling, imposed more taxes, started what is turning into a war with Iran and has passed legislation that will cripple our health care system even more than it already is.
Source 1 Source 2 Source 3* obamacare
Mitt Romney
It goes without saying, if you like Obamacare, you’ll LOVE Mitt Romney. He is the one who started it all. Under Romney’s leadership, Massachusetts passed the same exact health care bill that Obama and his cabinet re-worded to apply to the entire nation. Since that bill premiums have gone up and state expenditures on health care have gone through the roof.
He increased taxes as well as government spending, he was an adamant supporter of the bailouts, supported even more gun control laws and has flip-flopped on everything from abortion to gay marriage.
What’s even more disturbing is where his campaign gets it’s money. He’s raised more money from lobbyists and huge financial corporations than even Obama, who previous to Romney’s campaign had received more money from these guys than anyone else!
(From Wall-street: Mitt Romney: $813,300 Barack Obama: $198,874)
Rick Santorum
This guy is interesting for sure. He’s been the media punching bag for a week or so after making one increasingly odd statement after another. He’s actually a pretty conservative guy. His biggest problem, like so many of us, is his mouth. He supports un-constitutional measures like banning gay marriage on a federal level, engaging in even more overseas conflicts. His candidacy has fallen short because he can’t stop pissing off the left wing and the progressives on issues that the federal government should have no say in anyway and in his outspoken religious statements that have been outrageously hyped by the media. He’s pretty firm on a lot of things but he’s not a strong candidate by any measure.
Newt Gingrich
As a lobbyist for Freddie Mac Newt Gingrich has done more harm for this country than good. He stands alone as the single most penalized person in politics for ethics violations and he has supported more big government spending than any other politician alive. Corrupt doesn’t adequately describe Gingrich but the word Evil begins to do the job.
After leaving his first wife when she was in the hospital with cancer he proceeded to cheat on his second wife when she was diagnosed with MS. When she refused an “open marriage” he left her to be with the woman he’d been cheating on her with. There’s not a whole lot more to say about Newt, he’s a big government guy who cheats on his wife and lobbies for huge corporations.
Ron Paul
There’s a LOT to say about Ron Paul. He’s the guy who predicted the housing bubble in 2002, he championed auditing and ending the fed, he wants to eliminate the income tax and replace it with nothing, reduce our government spending, get the government out of being involved whatsoever with the Gay marriage issue, end the war on drugs and restore our currency to the gold standard. He exposed the bailouts for what they were and has been the biggest opposition to the patriot act and the NDAA this country has ever seen.
The guy is ignored by the media and yet still manages to maintain HUGE support from a large part of the American public. Despite the medias mis-representation, he remains the best candidate in terms of strong stance on the military (I mean seriously, he wants congress to declare war before engaging in it, what is weak about that?) And as the ONLY military vet in the race he has garnered more support than all of the other republican candidates from the military, combined.
“America became the greatest and most prosperous nation on earth in large part due to our respect for free markets and limited Constitutional government. However, we’ve strayed from those sound economic principles and our economy is in crisis. Ron Paul is the only candidate thatpredicted the economic collapse - we need the teacher, not the student.
“There are only two ways to conquer and enslave a nation. One is by sword, the other is by debt.” - John Adams
The solution to our debt crisis is less government and more freedom. We need regulatory relief, real spending cuts, and a balanced budget. This market-driven, not government-driven, solution is the path back to a flourishing economy and more jobs for Americans.”
When Ron Paul is President, he will:
- Cut spending $1 Trillion in year one by eliminating 5 unnecessary bureaucracies (Energy, HUD, Commerce, Interior, and Education) and returning spending to 2006 levels.
- Cut taxes by lowering the corporate tax to 15%, allowing companies to repatriate capital without taxation, and ending the death tax and taxes on personal savings.
- Repeal ObamaCare, Dodd-Frank, and Sarbanes-Oxley.
- To stand with the American People, President Paul will take a salary of $39,336, approximately equal to the median personal income of the American worker.
- Achieve a balanced budget by year three.
For more info on Ron Paul, go here.
Comments (37)
Ron Paul comes across so much better and as so much more reasonable than the rest of the GOP, it’s really quite extraordinary. It’s also surprising how little we hear about him, which probably has something to do with the fact that he is not campaigning based upon his religious beliefs like the others are. Jon Stewart did a segment on The Daily Show about how the media seems to be ignoring Paul – I mean, what does the man have to do to get some exposure?
I’m not a fan of Ron Paul, but I still think he would be better than Obama.
“[Rick Santorum] supports un-constitutional measures like banning gay marriage on a federal level”
It is not “banning”. It is dis-allowing. There is no ban, because it has never been allowed on a federal level. It is also not un-constitutional, because there is nothing in the constitution about marriage. If you bring up the “pursuit of happiness” argument, that is a slippery slope and I hope you’re ready for the doors that would open.
You pluralized “measures”. What other measures do you view as un-constitutional?
Not being defensive, just curious. Rick Santorum could SOLVE all of our financial problems. Not mask them and make them worse. He could solve them. Focusing on baseless statements like the one you made will only lead us to become The United States of China.
I don’t know about you, but I don’t want that.
David
Ron Paul is certainly an interesting candidate, and I think it’s shocking that he hasn’t received one iota of the coverage given to other candidates, candidates who have dropped out at the slightest setback (Perry, Bachamann, Pawlenty) or hyped themselves up before not even running (Palin).
While much of what Paul promotes seems great on paper, attempting to put it into practice is a far different matter and I don’t think any candidate – Democrat, Republican, Libertarian – can fully enact their platform. The Office of President is not as powerful as some would believe, and I find it difficult to envisage a scenario in which Paul would be able to bring both Democrats and Republicans to heel to pass the legislation needed for his mandate.
You just have to look back at the last three Presidents – Obama, Bush and Clinton – to see how the promise of electoral campaign turns to the reality of a legislature that is more concerned with re-election and securing big-money backers then providing the best service for the country as a whole, not a small part that sucks money.
Finally, my last reservation over Ron Paul is his belief that isolationism will help the US: it’s not a workable solution in a world that is becoming increasingly global, and for all its drawbacks is still a positive influence on a majority of people’s lives. To attempt to disconnect ourselves is to ignore progress and weaken the US further. I think if Ron Paul sticks to his domestic policies more, and leaves international relations to those with experience he could and should be a reliable candidacy for the Presidency.
@Daaaaaaaavid - There is room for debate, but marriage is a religious institution and should not be dealt with in any way by the government.
@Daaaaaaaavid - The focus on gay marriage is one of several issues that masks the real problems facing the US right now. It’s a distraction, and ultimately doesn’t help to move the US forward positively. How will Santorum fix the economy? Apart from his far-right rhetoric on social issues, I haven’t heard anything substantial about how he can “fix” the economy and budget issues other than typical Republican-minded soundbytes that have no foundation or substance to them.
I’m curious: how is the US suddenly going to become the “United States of China”? Sure, the Chinese hold a percentage of US debt, but we are also their biggest market. If the US falls back into a recession or even a depression and our markets dry up, the Chinese export industry would crash leading to Chinese domestic unrest as their economy dries up as well. The growing Chinese middle class is already beginning to exert political pressure on the Chinese government and it won’t take much for the ruling party to be toppled if it comes about.
The Chinese are rational: they won’t risk their industries and economy just to make a point, or to get into a pissing contest with the US just because they can. The costs to them far outweigh the benefits.
Ron Paul is the only candidate I feel comfortable voting for.
You pointed out all the things Obama promised but couldn’t achieve, then enumerated Ron Paul’s promises. What makes you think he can bring them to pass any more readily than any other candidate or president? As for government getting out of marriage because it is only a religious institution, don’t you have to have a state license to make a marriage official? I think there is law, therefore government, involved in many aspects of marriage.
I don’t know who I’m going to vote for, but I won’t expect them to keep any promises, simply because, for the most part, they can’t. I can only got on their remarks on subjects I’m interested in. Maybe their opinions will stay the same if they get elected–maybe they won’t.
@whyzat - Ron Paul, as president, would have the power to immediately impose a lot of his promises simply because he would be the commander in chief. There is no question that a lot of things will be tough, if not outright impossible, but he has the unique ability to lay the groundwork for a more constitutional, limited government.
therefore government, involved in many aspects of marriage. I am aware of that, and I think it needs to be changed.
I’ll be back later. i’ll just say that federal taxes under Obama are the lowest they’ve been since 1950 when the Korean War was just getting under way. in 2011, the third straight year of decreasing federal taxes they were 14.8% of GDP down from 17.5% of GDP in 2008, the last year Bush was President. thetax code which is growing each year with new deductions, credits and exemptions has resulted in families making as much as $50,000 can avoid paying federal income taxes, if they have at least two dependent children. Low-income families can actually make a profit from the income tax, and the wealthy can significantly cut their payments.something states-rights advocates and people who want federal government out of their might take note of is many states are complaining it is becoming increasingly more difficult to balance state budgets because of the lowering of federal tax revenue. many states have raised state taxes. many people complain about having to pay taxes of any kind but they want the services tax revenues supply. this becomes especially clear when pork barrel programs legislators tack onto bills of all kinds. for anyone who does not know, a pork barrel program is a program which receives federal money for a special interest of a state. legislators fight to add pork barrel for their states in order to keep their constituents happy in the hope of getting reelected. some pork barrel programs are important for a state while others are questionable and still others are ludicrous.
something else interesting that i believe i’ve written in a comment on another one of your blogs: tea party leader Michelle Bachmann loves calling Obama a socialist yet as with pork barrel programs people love socialism when it benefits them and there are many socialist programs in the U.S. they’ve existed for a long time. federal farm subsidies represent the largest socialist program in the U.S. yet Michelle Bachmann quietly sent an email to President Obama asking him not to make cuts to the program. Bachmann’s family farm has received $800,000 in farm subsidies. her state of Minnesota also receives farm subsidies. Eric Cantor famously tried to hold back FEMA relief following the hurricane that slammed the northeast in the summer of 2011 until cuts to other programs were made that could pay for the relief. however when his state was hit by disaster he didn’t utter a word about paying for FEMA before help was given to his state.
as for the federal hike in cigarette taxes, that hike was made under The Children’s Health Insurance Program Reauthorization Act of 2009. “
The purpose of the State Children’s Health Insurance Program (SCHIP) is to provide aid for impoverished children. With the increased revenue from tobacco taxes SCHIP can now afford to include families with up to three times the federal poverty level as well as children from high-income families in New York and New Jersey. SCHIP will also be able to cover dental benefits and treatment of mental illnesses where it previously could not. In addition to providing these services for U.S. citizens, SCHIP is also expanded to cover immigrant children and immigrant pregnant women.
” again, states are complaining that due to the federal hike on cigarette taxes they will not be able to gain as much revenue from raising cigarette taxes.
whether taxes are federal, state or local they are often used as a shell game for political purposes by legislators but they are also a shell game for constituents. again people love to clamour for lower taxes and even no taxes but when there is not enough money for even basic needs like road and bridge repair we complain about that too and we all want revenue to cover the programs that benefit us personally.
a note about Guantanamo. Obama did try to shut it down but many legislators and courts blocked the transfer of prisoners. nobody wanted them in their state even in high security prisons.
a note about appointments when Congress was out of session. of course this has been done by other presidents. i don’t have time to look this up but i would not be surprised if it has not been done by every president since these kinds of appointments were allowed. Obama made one such appointment a couple of months ago. he did this because republicans refused to bring a vote on the appointment to the floor for about a year. i would have to look up the times on this but again i don’t have the time to do that at the moment. sometimes it is necessary not to be rigid when something needs to get done. this was an important post that was left empty since Elizabeth Warren vacated the position.
as for promises about pulling out of Iraq and Afghanistan and Obama being called hawkish: the pullout from Iraq date had already been brokered between the Bush administration and the Iraqi government. Obama simply went by this agreement as was necessitated. people forget that while campaigning for office in 2008 Obama promised on several occasions including during debates with McCain that while working to pull troops out of Iraq he would fight the war that should have been fought in the first place in Afghanistan and vowed to capture or kill Bin Laden, both of which he followed through on. when Obama took office the gains the U.S. military had made in Afghanistan were fast deteriorating because of the focus placed by the Bush administration on the Iraq War which by the way Rumsfeld said in a press conference would last on only 4-6 weeks, 2-3 months at the most. Bush also stated he wasn’t concerned with getting Bin Laden, the mastermind of the 9/11 attack which Saddam Hussein had nothing to do with. a fact about which the reasoning still remains unexplained is when a team of special forces had Bin Laden cornered in Tora Bora and were waiting for the go ahead Rumsfeld ordered them to stand down and Bin Laden was allowed to escape into Pakistan. why Rumsfeld did that is still unknown but the commander of that special forces team spoke in 2011 about how angered he and his team were over Rumsfeld order to stand down.
also notable is in spite of the opposition waged by the other side as has not been seen in recent history including a record number of filibusters, a record that far exceeds the previous record, Obama managed to get more legislation passed in his first two years than any other sitting president. Presidents are not dictators. Presidents are never able to keep all of the promises made during their campaigns. Ron Paul if elected would likely receive a lot of opposition to his ideas especially since the tea party is in major decline. remember, tea party candidates were elected in large part on their promise to create jobs but after getting into office they focused not on jobs but on social issues such as abortion. Scott Walker promised over 200,000 jobs would be created if he was elected but in fact since he became governor Wisconsin has lost more jobs than any other state. a recall election is scheduled.
as i said, i’ll be back later.
haha i had to come back and change the word resurgence to decline in my second to last paragraph
Looking at Paul’s campaign promises, about the only one he could achieve on his own is taking the median American salary, but even then it’s unlikely as any change to the President’s salary takes effect with the next President, not the sitting President. The difference between the two salaries would either be donated to charity or returned as a payment to the IRS.
@TheSutraDude and @whyzatalso highlighted what I was trying to say as well.
Effectively, all Presidents are at the mercy of the make-up of Congress and very few Presidents have the capability to work legislation through Congress in as simple and as basic a form as is necessary. With so many lobbyists and the reign of Money over politicians, rarely is legislation exactly what is needed to move the country forward.
i’d be all about Ron Paul, EXCEPT for this:
“get the government out of being involved whatsoever with the Gay marriage issue”
the government is already involved in the straight marriage issue. if marriage is truly a religious institution, married couples of any religion, race, or gender, should not receive federal and state benefits for their relationship status. otherwise, to offer those benefits to some but not others is simple discrimination. since no candidate is making the argument that government and marriage shouldn’t mix, the only thing i can support is marriage rights for all. and Obama is the only candidate even remotely leaning in that direction.
yeah, Obama did disappoint me. he cared way too much about bipartisanship. but his healthcare reform allowed me to get back on my parents’ insurance at a time when neither of my jobs will offer coverage, and that alone earns my vote. the bottom line is: i’d rather vote for a guy who only does half of what i want him to do, than a guy who will do all of what i don’t want him to do.
It’s nice to see a discourse that hasn’t turned ugly yet, and I really enjoy reading everyones opinions. For someone like me who really wants to be informed and who doesn’t have many issues that would cause me to vote yay or nay based on a candidates platform it’s difficult to sift through the avalanche of information available and figure out what’s real and what’s hyperbole. I’m too easily swayed by other people’s opinions simply because I can never figure out what is the truth.
@Daaaaaaaavid - “It’s not banning, It’s dis-allowing.” That’s a bit of twisted logic isn’t it? You buttress that with, “it has never been allowed on a federal level. It is also not un-constitutional because there is nothing in the constitution about marriage.”
So, let me get this right… the federal government has the right to do anything that isn’t in the constitution because… it’s not in the constitution (like ban gay marriage or impose a fee based healthcare mandate because it’s “not un-constitutional …. there is nothing in the constitution about” (….marriage, healthcare, etc))??
Individuals, on the other hand, are only able to do what has been “allowed?” I think your Constitutional theory is inverted. How about.. the Federal Government is only allowed to do what the Constitution enables them to do and individuals are allowed to do whatever they want within the constraints of property rights and contract law (common-law, spontaneous-law). THIS VIEW, in my opinion, is a statist view but YOUR VIEW is a totalitarian statist view.
@TheSutraDude - Ahem… you mean “nominal taxation” is the “lowest” it has been since Korea. Expenditures have increased dramatically… and this is the real problem. If you have low taxation and high expenditures it MUST come from somewhere. The government has the ability to commit the ultimate accounting fraud because it can print it’s own means of exchange and indirectly tax everyone through the inflation tax (a very anti-progressive tax that destroys the purchasing power of the poor and the wealthy alike).
The good thing, though, is that we have awesome military gadgetry that we can use to maim and murder innocent people in foreign countries populated by non-white non-Christians. Obama has increased the power of the executive and it’s murderous capabilities so one day someone like…. Santorum…. can take the reigns and really do some Crusading damage.
@tracy - I just got here… give me a little time!
Like others have stated, Ron Paul is the only person I feel comfortable voting for.
@georgeme89 - yes i understand the math of taxation and spending. i’ll come back to that but as for the military gadgetry. what Obama is doing is cutting military expenditure. he has proposed a large military budget cut. i do not know if it has gone through yet. an important aspect of this is his determination to use available technology more cost-effective and so not to have to wage big wars like the Iraq War. i agree it is a travesty that innocent people are killed. i was at work at ground zero on 9/11. i evacuated 3 world financial center which was connected to the north tower and from the Hudson River watched the towers burn and eventually collapse. although it soon became known through the media we were under attack the people like myself who were there didn’t learn of this until hours later when rumors started to spread. in fact the initial reason i waited by the Hudson River was i believed once the all clear was given i would return to the building and to work. i was pissed when the Bush administration invaded Iraq. i was pissed that most Americans swallowed what Bush said, that it was in retaliation for 9/11 not to mention the bogus claim of weapons of mass destruction.
while going after Al Qaeda leaders (and under the Obama administration Bin Laden and over 20 other top A Qaeda leaders have been killed) Obama is being as careful as can be to not kill innocents. in fact John Brennan who has worked under the Clinton and Bush Jr. administrations and now works under the Obama administration said Obama’s decision to give the go ahead for a Navy Seal team to get Bin Laden was “one of the gutsiest calls by a president in recent history”. the reason it was such a gutsy call is because advisers wanted him to blow up the compound from above using drone missiles. Obama said no to this because there was too great a chance of killing innocents.
if heaven forbid a Santorum takes the reigns he or anyone like him will wage a crusade even if it means sending in 500,000 troops with sticks and stones. he will more likely use bombing and huge numbers of troops similar to what we saw in Iraq rather than use precision “surgical” strikes to target only military targets.
again i’ll have to come back to the economic question. i have things that need to get done.
I like the way Ron Paul never criticizes Mitt Romney. Why do you they’ve teamed up?
Rand Paul for VP?
@WaitingToShrug - Ron Paul is running anti-Santorum ads in Michigan and is highly critical of Newt, but never says a word against Romney.
Romney never says anything against Paul either.
Does the Paul-Romney partnership give you any pause?
@TheSutraDude - Chalmers Johnson wrote “Blowback” before 9-11 and to his eternal dismay his warnings were not heeded. The theory of blowback is that the covert action of the CIA and other government organizations have repercussions, unintended side-effects. These repercussions include events like 9-11 and the bombing of U.S. “property” in foreign countries. This blog has a great video posted a few entries down about this concept.
Our actions over there are unnecessary, unwarranted, and are causing the self-perpetuation of further action. Obama has taken up this flag. Sure, he pulled out of Iraq (on George Bush’s timeline… a hollowed event for Dems like Maddow et al), but he is killing a lot of innocent people in the process of… killing Al-Qaeda?? The only reason organized terrorism exists is because 1. We occupy other countries and they don’t like it, and 2. A lot of money can be made through elicit channels such as drug production and distribution. Nothing binds people like financial gain.
@sometimestheycomebackanyway - No. I think he is concentrating on Gingrich and Santorum because they are the ones supported by people who are not 100% sure who they will vote for. I expect, if they drop out of the race and it is Ron Paul v. Rommey, that he will do the same thing with him at that point.
I will be disappointed if there does end up being a Romney/Paul partnership, but I don’t think it’s likely.
@sometimestheycomebackanyway - I listen to the show periodically, just happened to catch the first hour today. Personally I think it’s crap.
@justfinethanku - You are violating your own rule. Progressives can’t stand honest debate. They set the terms and definitions for everyone but themselves.
And who cares where an argument came from? They all originate someplace. Why not follow your own orders and stick to the issues.
@sometimestheycomebackanyway - ??? what are you talking about? I’m a progressive now? If anything I’m a “regressive” for wanting to go back to the constitution as opposed to the talk show host you parrot who cherry picks which legislation he likes based on who signed it into law, Patriot Act he approves of, NDAA he despises. I’m sick of hearing you quote pundits, lets hear what YOU have to say.
Ron Paul is the only candidate I can vote for with a clear conscience. Even if he can’t enact everything he wants to, I know for a fact that at least he won’t sign an unconstitutional law. Which is more than I can say for Obama or the other candidates who support unconstitutional practices.
@justfinethanku - There you go with the insults. Why should anyone have to put up with that stuff?
Ron Paul would be great at the Fed or as Secretary of the Treasury. But he may as well have gotten his foreign policy from the Iranian junta, the Taliban or the Democrat Party.
And screaming like a stuck pig about Rush Limbaugh must mean he hit a nerve. Please quit blaming me for that.
Money/price/worth is all a fake function anyways. Barack did much for America’s social psyche and that’s what Mitt’s about. I’m glad we were bombed. Our society needed this. We were on the road to hell. Go Mormons. Sorry that the media posts so much inflated shit on you all.
Ah politics!
@sometimestheycomebackanyway - I wasn’t aware that you considered saying you listened to Rush Limbaugh was an insult. And I completely understand why you wouldn’t want anyone to know about it as he is not considered by anyone to be a illegitimate or rational source of opinion or information.
I watched bits and pieces of the debate last night and to me Paul was the only one who made sense and didn’t criticize the other candidates or the current administration. I admire that. He’s not being provocative but proactive.
@sometimestheycomebackanyway - THAT is your complaint against Ron Paul?? That he doesn’t say anything against Mitt Romney?? Be wary, folks, they may team up! But what if they do? Remember, Ron Paul fans, most of you gun owners…. Ron Paul would be one bullet from the white house.
@cmdr_keen - I agree that gay marriage is a distraction from bigger issues right now. It’s one that I and others are particularly sensitive to though. It’s often a hard question where to draw a line between protecting an institution one considers moral, where many including myself feel there is a moral duty to protect that institution which I believe to be ultimately in the best interest of our nation, and then balancing that with a government’s obligation to protect all its citizens. I think there are ways to do both, and I hope there is wisdom from our leaders to find that balance.
I want to like Ron Paul, but I wish he wasn’t such an isolationist. I’m a conservative, but there are -different- things about each including Obama that I like. There are also different things I deeply dislike about each to the point that I feel like I will lose regardless of the outcome. This is unfortunate. I appreciate your take on it. It’s our duty to make the most informed vote possible.
@georgeme89 - i am well aware of that point of view and of U.S. meddling. we supported Pinochet, the second most brutal dictator of the last century. John McCain once flew to Chile and had lunch with him. we put Saddam Hussein into power. there was Iran-Contra. we put the Shah of Iran into power. we supported the Bin Laden led Taliban in Afghanistan in the 1980s. i was told by someone i personally consider a reliable source we pulled an Iran-Contra in Afghanistan in the 1980s. i’ve never confirmed the story so take it with a grain of salt. the story goes, in order not to have to go through channels to get weapons for Taliban funding from Congress the CIA traded weapons for hashish with the Taliban. the hashish was flown into a base in North Carolina where it then made its way onto U.S. streets. it was at the time the best hash one could get. the money from the sale of the hash was then used to pay for weapons that were then given to the Taliban as payment for the hash. again, i’ve never confirmed this or tried to. i didn’t even own or touch a computer until 1998. in any case i found it interesting to say the least that after the U.S. supported Bin Laden in Afghanistan we became his number one enemy but he had his rationale. let’s not forget many Afghanis did not and do not want to live under Al Qaeda’s Shariah Law. Bin Laden was himself an outsider and was largely there because of the drug money. he used religion as a cover as happens often. the biggest fear among Uzbeks at the time was they were next up to be taken over by Al Qaeda. there was already Al Qaeda drug trading going on there. i do give some credit to Obama for following through on the Bush brokered pullout of troops from Iraq. heaven knows there were many who opposed his doing so on the republican side. if you remember McCain promised if elected he would keep troops there for 20 years.
people (who hate Obama and would criticize him if he found a cure for cancer) made fun of the fact he was given a Nobel Peace Prize Award. Obama himself said he didn’t deserve it but though it was premature in my opinion the reasoning of the Nobel Committee held some weight. what Obama had already done was to make the world, including the Muslim world begin to feel maybe they could consider the U.S. a friend. he did this through dialog and the effects of his efforts have been playing out. hawks call it appeasement but relentless dialog and diplomacy takes far more courage and intelligence than does always resorting to military force. as far as i’m concerned once war breaks out everyone has already lost. what he did through dialog was the best thing for national security after the Bush/Cheney debacle.
as to the economic points you brought up earlier i need to be brief. i remember the expressions on the faces of those called into an emergency cabinet meeting after the fall of Lehman Brothers and the stock market. money needed to be infused into the banks. had they been allowed to fail the run on banks to take money out would have been the greatest since the Great Depression and i believe worse. it is not even much of a stretch to imagine we could have headed into a Mad Max situation in this country. most economists agree that while the deficit needs to be taken care of over the long term spending it necessary to get us out of this mess first. this has been a belief long held. the right loves to say Reagan policies led to a swifter recovery but that is not true and he was handed a situation that was not nearly as severe as this economic crash. unemployment was still floundering at the end of his first term. the Reagan administration in fact included the military in the employment statistics to make the statistics look better. it was the first time since employment statistics were tracked that the military was used. Reagan also raised taxes 11 times. Dick Cheney btw said deficits don’t matter when the Bush economic adviser warned him about the economy.
even after Wall Street and the banks drove the economy off the cliff many still believe there should be no regulation of the financial industry. i find this naive. we would not for example disband Congress in order to allow a President operate without Congressional regulation. the checks and balances created in the Constitution are after all a form of regulation. the naivety of deregulation is in the assumption that leaders of Wall Street and the banks are going to look out for our well being. it should be apparent by now to people this is not the case. in the summer of 2001 the Investment Banking Division of Lehman Brothers held an internal conference in the Winter Garden that was connected to 3 World Financial Center, Lehman’s headquarters before 9/11. during the conference a female executive said, and i’m paraphrasing but these words if not exact are pretty close, “Government is finally leaving us alone and allowing business people to do what business people do”. a little voice in my head said “uh oh. we are in trouble now”. it didn’t take long for Wall Street and the banks to come up with the financial instrument, credit default swaps which in large part led to the economic crash. using other peoples’ money they were bought and sold with no idea as to their actual value.
btw, i can sympathize with Chalmers Johnson. in the 1980s i predicted the economy would fail because of trickle down economics. i never wrote a book about it and nobody would have listened anyway. a funny (or not) story. soon after trickle down economics went into effect i was walking along First Avenue near the U.N. in NYC when i saw a gigantic private yacht moving slowly southbound on the East River. that night or the next day i heard on the news the yacht belonged to Donald Trump. it was the second largest yacht in the world at the time. he had just purchased it from Adnan Khashoggi, an Arab who was the biggest arms dealer in the world. Khashoggi put the yacht which had been largest private yacht in the world up for sale because he had a larger yacht made for himself. suddenly that yacht seemed like such a metaphor for trickle down economics, a new yacht trickling down the East River.
@TheSutraDude - Many economists do think that banks needed an infusion of money, and surely they did, but did the people on main street need also need an infusion of money? Why do only the rich and powerful get it? So it can…. trickle down? But really, these same economists didn’t see the crisis coming (one of them being Arthur Laffer, trickle down guru… but others being the likes of Paul Krugman who actually called for the necessity of a housing bubble to offset the internet bubble). It is a massive re-distributive scheme that those in power want to repeat over and over again, wiping out the wealth of anyone who is not the beneficiary of expansionary monetary policy.
There is alternative economic view that (alternative from Milton Friedman and the Neo-Keynesian views, which seemed to be meshed these days) from the Austrian school of thought. These bubbles are caused by monetary expansion that mess with the capital markets. Interest rates act as a price of loanable funds through time. When this rate is changed by the government it gives consumers and producers mixed signals. Longer term investments are made (with lower interest rates) and more people consume. Without real savings to meet the extended and expanded production a surplus occurs and prices drop. This price drop is a good thing because it reorganizes the economy into a more sustainable system. Government intervenes again, like Obama and Bush did, and extend the crisis by trying to reinflate bubbles rather than letting the economy re-organize itself.
The government’s further intervention is the only thing that would turn the world into a Mad Max situation. If they don’t stop.. the interest payment on the debt will guarantee a government default on the debt (I already promise to default on my portion of it… fuck them and their warmongering debt creation) but… if we try to pay the debt we will most likely end up with a collapsed currency. No one is going to want to feel the pain. A collapsed currency could invite in more government crisis managing plans.
Getting tired.
@georgeme89 - it is certainly an entangled mess. it’s almost a damned if you do, damned if you don’t situation. Obama does have his finger on the need to reverse the redistribution of wealth we’ve seen over the last 30 years. i am glad he gave GM the loan against opposition from the other side and even from within his own party and administration. most of the loan has been paid back and GM posted a record profit in 2011 also resuming its place as the number one auto manufacturer in the world. on the face it seemed anti-intuitive that while Ford did not ask for a loan it was fully behind the loan to its competitor GM. the reason was Ford understood it shared suppliers with GM and if some of those suppliers were forced out of business Ford would also be in trouble. also supply costs would have gone up. had GM been left to go under the domino effect in this country would have been enormous. Romney still says we should have let GM go into bankruptcy. the biggest problem with that was there was nobody standing online to take GM over. it was too toxic.
anyone who thought we were going to climb out of the hole we dug we dug ourselves into over the past 30 years in a short time was drinking the kool aid. what is encouraging is last month marked 23 straight months of economic growth and job growth.
i watched an interview of NFL Commissioner Roger Goodell that aired on 60 Minutes a few weeks ago. After explaining to Steve Kroft how profits are distributed evenly among the teams Kroft replied, “But isn’t that socialism?” Goodell answered “Yes it is.” and went on to explain the NFL model is a mixture of socialism and capitalism and attributed a large part of the reason the NFL is the most successful professional sports organization in the U.S. to this model.
have a good night. good chatting with you.
Only one problem, Obama isn’t pushing for a war with Iran. He’s looking to keep Israel from bombing the crap out of the country.