Bill Says Barack Can Still Win [VIDEO]

Considering what Pres. Obama inherited and with the White House “finally” crafting economic plans that “people can gravitate to,” Clinton says Dems can win despite high unemployment (“Meet the Press,” NBC, 9/18).

via RealClearPolitics

70 thoughts on “Bill Says Barack Can Still Win [VIDEO]”

  1. Buffett and Wall Street are betting on another Federal Reserve rescue. Buffett in betting that he will make a bundle on BOA with the Feds help.

    Market Bets on Fed Miracle
    By MATT PHILLIPS, DAVID WESSEL and STEVEN RUSSOLILLO, August 24, 2011

    U.S. stocks jumped on Tuesday as many investors sent a plea to Federal Reserve Chairman Ben Bernanke: Come to the rescue of the stalling economy and battered financial markets.

    The Dow Jones Industrial Average jumped 322.11 points, or 3%, to 11176.76 as a new round of bleak economy data helped buoy investor hopes that Mr. Bernanke will step in with some sort of monetary stimulus.

  2. If Congressman flemming has 500 employees as he claims, and payroll is 2/3 of his business expense, his employees are averaging only $7,600/yr.

    And, he has the nerve to blather about job creation ? $7,600/year isn’t a job, it’s a goldam hobby.

  3. As much as I despise Bill Clinton, you can never underestimate him.

    Bush won in 2004 by branding the Democrats as weak on national security before they could brand themselves. IMO it is possible for the Democrats to brand the Republicans as the Wall Street party or the party that protects the very rich.

    I don’t think that Obama, because he is one of them, or the people running the Democratic Party have the will to fight. They have this problem that I call Jello Spine.

  4. PiT

    I think that BOA can sell off parts of themselves and maybe survive. I keep hearing that since countrywide is separate from BOA that they may also let it go bankrupt. So there maybe ways for Uncle Warren to get his money back that don’t involve a government bailout. Right now I think BOA would be forced into bankruptcy before you would see a bailout.

    BTW, I found the Bill Clinton interview to be amusing. That team Obama needs his support is no doubt chaffing to some egos.

    Jack

  5. Only 3% of the small businesses would be affected by the tax hike and they are the one that should be affected, law and accounting firms, investment firms and hedge funds, and not the traditional mom-and-pop ventures.

    Tax hikes for the rich: Can the economy afford them?
    By Jeanne Sahadi, July 26, 2010 10:43 AM EDT

    Tax expert Len Burman says that only 3% of small businesses are subject to the top two individual tax rates. He also notes that much of the income from those businesses comes from private partnerships such as law and accounting firms, investment firms and hedge funds, and not from traditional mom-and-pop ventures.

  6. Jack…
    that’s pretty close to what I was thinking too. I also wonder what those egos thought of Gregory bringing up the fact that Hillary is much more popular than their boss at the moment.

  7. OD, this one is for you. :lol:

    What a difference 3 years and a good dose of reality makes.

    Hillary Clinton Popularity Prompts Some Obama Buyer’s Remorse
    By John McCormick, September 16, 2011 12:00 AM EDT

    The most popular national political figure in America today is one who was rejected by her own party three years ago: Secretary of State Hillary Clinton.

    Nearly two-thirds of Americans hold a favorable view of her and one-third are suffering a form of buyer’s remorse, saying the U.S. would be better off now if she had become president in 2008 instead of Barack Obama.

    The finding in the latest Bloomberg National Poll shows a higher level of wishful thinking about a Hillary Clinton presidency than when a similar question was asked in July 2010. Then, a quarter of Americans held such a view.

  8. I just can’t see millions of Baby Boomers voting for the tea bagging repubs who will just kick them all to the curb. Are voters really that dumb?

  9. Jamie @ 3:34pm : “XR That is someone using teen agers, wives making supplemental income, and no one working over 30 hours a week so he doesn’t have to give them benefits of any kind. Greedy SOB”

    The Congereel is a part-timer himself, since he spends much of the year in DC, destroying the dollar with his extravagant wars on this and that, and grinding the faces of the poor. As a part timer in his own business, clearing $600,000.00/year he seems make out a little better than the ones who make him successful. Also, as a part time congereel he get free medical care and an extra $180,000.00 per year just for showing up and taxing the working poor.

  10. 36 points below the breakeven level of 50 for the index is bad news!

    Obama and Congress need to allow the courts, since the banks won’t, to readjust the mortgage principle amounts to reduce the number of foreclosures. I think I just made a funny joke.

    Housing Market Index

    Highlights
    Pessimism among home builders remains heavy with the housing market index slipping one point in September to 14, one point below Econoday’s consensus forecast. Since the expiration of the home buyer tax credit in June last year this index has held between 13 and 17. The breakeven level for this index is 50 in a signpost for how depressed conditions are.

  11. Welcome DownriverDem.

    My answer to your question is YES! A number of voters that take their ‘orders’ or direction from their pastors, radio and/or TV talk shows and never ask WHY. Democrats on the other hand are depressed because of Obama and just don’t vote. Look at the voter turnout in NY District 9 last week.

  12. Downriver and PIT

    The other thing to remember is that the Boomers were an intensely idealistic group when they were young and a large percentage of those were what we then called “Jesus Freaks”. If you read the the Book “Generations”, they are properly pegged and like previous Idealistic generations are facing an economic crisis in their old age.

    Most folks think of the Boomer as the hippy, dope smoking, free love crowd on a commune somewhere but the actual group word is “Intense” and the split between the group that believes intensely in freedom for all as long as they aren’t hurting anyone and the other half that believes intensely in God ordained rules will make for interesting elections for a few years to come. Coming behind them are the “Millennials” and it is always their job to clean up after the idealistic generation finishes throwing things around.

  13. “Heads will roll if it turns out being class warfare.”

    —F. Ohlfahrt, Columbia, SC just now

  14. I am 3 years pre baby boomer (1943). I remember the Vietnam War protesters and draft dodgers, beatniks, peaceniks and the hippies, dope smoking, LSD and acid, and the communes. I heard a lot about and went looking for, but never found, the free love crowd. I also never did any drugs except Benzedrine during final exams. I do not remember the “Jesus Freaks” at all but they would explain a lot about today.

    I do remember calling the boomers the “ME” generations because everything was about them. Me, me, me!

  15. they knew obama was the one to really amp up the little people’s poking each other…..

    they then sit back and watch it roll in and in between dollars they pause and say, “Damn….Look at ‘em go….”

  16. Sturge ” that was a pilot “rockie pulse ” Wrote and played the song” don’t know him ” couple of friends of mine worked with him at one time or another

  17. How do you spell enthusiasm in the age of Obama? RELIEF.
    by Taylor Marsh

    So, Obama gets the base to react even if what he’s proposing is exactly what the “professional Left” has been advising for ages. Ideas Pres. Obama has shunned, his team has derided, while he offered back door proposals that sell Democratic Party principles out completely, as the elite media applauded bipartisanship on the Right’s terms. Yes, I’m reiterating these points yet again, but they’re the whole ballgame, even if Team Obama won’t admit they were wrong all along.

    Pres. Obama and his reelection team have figured out he can’t get reelected with only his loyal fan base, because it’s dwindled significantly since ’08, so he’s got no choice but to do what every single politician seeking reelection must do and that’s rev up his base and those fickle Independents, a very large swath who vote on persona more than anything else. Without them, which includes a lot of die hard progressives who make a difference on the ground, Obama would be a one-term president. Because you can bet Republicans are planning to do everything they can to make that happen.

    From Ezra Klein:

  18. Pardon a small diversion if you will, but to me, this is bigger even than my desire for president Obama to be re-elected, which is my main goal in life…

    I’ve been waiting for this day for ten long years!

    “Why did we do so great from 1940-1980 with the high taxes on the rich?”
    GET THIS CONVERSATION STAAAAARTTEDDD!
    Having been born in 1955 and grown up in the heart of the American Dream and tasted the sweet cream of financial independence first hand, as I watched my father live like a gypsy with a family of five and still be able to change careers three times and find his way to… butt down in the pumpklin patch and have himself a great life just based on the willingness to try! I always knew there was something far better in America to what I saw by my thirties and fourties in the 90’s.
    About ten years ago after spending the previous 25 years wondering what was going wrong with my beautiful blessed country, I finally stumbled onto the truth. Where were our jobs and innovation going..? Why were the bridges rail and tunnels and roads that we had been so proud to build, starting to rot and decay and why was there talk of not being able to afford a safety net to take care of our elderly, weak and disabled people and even our proud veterans?!
    Where did my American Dream go to? And then the final stab, as we were falling apart I became aware that our debt to our ‘banker nations’ was expanding at an alarming rate!
    Then I discovered it! I stumbled on graphs and formal historical data showing the US income tax fluctuations over time LINK-http://en.wikipedia.org/wiki/Income_tax_in_the_United_States#1930_-_1980
    and there was the answer, the holy grail, right before my eyes, WE HAD BEEN THROUGH THIS ALL BEFORE! We had lowered taxes on the most wealthy and cut the power of government to build the stage for the American Dream to be played out upon, just like we did before the Great Depression!
    Ever since that day I have been pushing various forms of the mantra in my masthead…AND THIS IS MY FINEST HOUR! Those representing my voice and those like it have come to power and prominence! Hail Obama, Hail Buffet!
    The American Dream isn’t dead, but the effort to kill it is!
    Those voicing the truth about America’s economic history have won round one…we have gotten the conversation started!
    After decades of brainwashing the masses into a completely fictional fantasy about worshipping rich people and trusting them to do what’s best for the nation out of their own generosity and ‘all seeing’ wisdom, the rightwing talk mavens like Limbaugh and Boortz are cracking under the pressure of their own callers actually ‘asking questions about tax rates’ seriously!
    Even before this brilliant day (today) I had recently heard Limbaugh grudgingly reference what the tax rates were under FDR and try to explain how that didn’t help our nation and you can hear in his voice that he knows he doesn’t have a sound answer to the question, but sadly, what journalist even sticks to the basic question the conservatives should be asked…which is “Why did we do so great from 1940-1980 with the high taxes on the rich?”
    Sweetest of all was this morning when the Washington Corespondent for Cox Broadcasting, Jamie Dupree was being interviewed by Neal Boortz about the president’s new economic plan…after Boortz strung together a bunch of his own far fetched projections he said to Jamie ‘And that could lead to an effective rate of 45% for the wealthiest Americans!’ Jamie Dupree replied “And that would be half of what it was when President Reagan took office.” Boortz head exploded!
    It’s a beautiful day, all we have to do is to..

    GET THIS CONVERSATION STAAAAARTTEDDD!

  19. barack can win in the general, but if Al Gore, HRC, Bill Richardson, Elijah Cummings, Oprah Winfrey, or Patty Murray (etc) challenged him tomorrow, he might lose the nomination by next April.

  20. The fact that the oh,bummer Admin did not arrest and charge the Wallstreet bankers and the Mortgage manipulators shows that it isn’t interested in defending Low and Middle Income classes from predators. the oh,bummers aren’t interested in waging Class Warfare even when the enemy would be predatory criminals !

    Since I began posting here I have repeatedly demonstrated that the Class War is has been going on since reagan took office & deregulated the S & Ls. No more ‘It’s a Wonderful Life’. The evil Potter took over Bedford Falls and the Building Society, so the little operators got the shaft, and reagan smiled and waved all the way through it.

    It’s been Class Warfare ever since ripuplicans began complaining that Dems engage in class warfare. That nasty but extremely effective bit of propaganda masked the fact that the rippers were already at War with the Middle and Lower earners.

    Tax them as before baby bush, re-regulate them, take their PACs away, re-instate broadcast fairness rules, take citizenship away from corporations, separate commerce banking from mortgage banking, eliminate trade in derivitives of derivatives, tax mortgage interest on 3d homes, and tax estates over $1M!LL!ON in magnitude as ordinary income.

    That would be a nice start.

  21. ex rep

    You need to drop the negativity, if you could get all perky then you might be able to get a job as a blog commenter. I would try but I can never get perky down. Surly curmudgeon, that’s me

    Jack

  22. So what is an alternative minimum tax on millionaires going to accomplish, except let the left get so excited they pee their pants.
    We still have a crappy tax system that has netted 0 job growth the last 10 years.

    Jack

  23. Dove, you were a little long-winded there. I hope you didn’t catch that vice from me.

    Btw, I loved candidate obama in ’08. he lost me over about 13 different items. I will vote for him if he is the nominee. In the MN primary, if we have one, I’ll vote for someone else, even if it is perennial candidate Ole Savior.
    (That’s pronounced Oh-Lee Say-Vee-Ore. He’s an artist, a political naif, and a nice, decent guy.)

  24. Tax them as before baby bush, re-regulate them, take their PACs away, re-instate broadcast fairness rules, take citizenship away from corporations, separate commerce banking from mortgage banking, eliminate trade in derivitives of derivatives, tax mortgage interest on 3d homes, and tax estates over $1M!LL!ON in magnitude as ordinary income.

    Ah you mean like do something?

    Nope, never work };-)
    I’m still leaning toward Carvilles solution, fire the bastards and put people in jail. Won’t save Obama but it might save the Democratic party.

    Jack

  25. XR,
    That no one was charged and thrown in jail over the financial collapse, ranks as one of the greatest miscarriages of justice in the history of American jurisprudence.

    We have simply said that if you are big enough and wealthy enough the laws don’t apply.

    Kind of like, “if the president does it it isn’t illegal”

  26. we bemoan miscarriage of justice while the Fat Cats order up faster horses and design sleeker and stealthier carriages……

  27. Why the White House changed course
    Posted by Ezra Klein

    President Obama’s deficit-reduction plan (pdf) is most interesting for what’s not in it. It does not cut Social Security by “chaining” the program’s cost-of-living increases. It does not raise the eligibility age for Medicare from 65 to 67. Nor does it include any other major concessions to Republicans. Rather, the major compromise it makes is with political reality — a reality that the White House would prefer not to have had to acknowledge.

  28. From the above article:

    “It all started with the declaration on 16 September of the Netherlands’ firm opposition to Romania’s entrance into the Schengen area. It was an ostentatious show of opposition: the Dutch wanted not just to close the door, but to slam it on our noses.

    The experts affirm that Romania has met many of the technical conditions imposed by the EU in order to join Schengen. The country has invested many billions of euros, but, being placed in the same basket as the Bulgarians, we will just have to wait until the Bulgarians too come up to an acceptable standard.

    It’s frustrating to be kept so close to the door, after spending weeks tidying up, after having bought a new suit and polished our shoes. Before heading out on the visit we cleared out our bank account, ate a slice of good Dutch gouda, sprayed on the best French perfume, and bought the biggest bunch of flowers (Dutch, for sure.). We arrive, we ring, we say a cheery “Hello Madame!” – and surprise, surprise: at the threshold stands a matron in a bad mood who hurls our flowers into our new suit because we reek of cheese.

    The question is: faced with such a situation, how should we proceed? Send the madam reeling? Or back off, without failing to remember for next time that it might be better not to touch the cheese before we head out for the visit? Or should we bring along a slingshot and shoot out the windows of the witch, yelling all the while in the street that she has the winning looks of Baba Yaga [the toothless witch of folklore of Eastern Europe)?”

    The plot thickens, like a corn-starch roux.

    van der sloot diplomacy?

  29. I think rob bartlett did a song parody way back when of nirvana about reeking of cheese.

    Apparently “reeking of cheese” is some kind of incredible faux pas these days…….of course I remember all the grammar school jokes about limburger cheese…..

    So, today I resolve to not reek of cheese.
    One day at a time.

  30. The numbers of poor, working & non, continue to increase.

    The GOP, by their words and inaction, show the public that they only consider the constituency of the rich.

    This is how, despite a lackluster first term, Obama can win a second term.

    He doesn’t really gain anything by easing the pain of the poor, and, he doesn’t really have to, as long as the GOP seems heartless.

    It’s class warfare AND math.


  31. Obama Deficit Rhetoric Moves from Compromise to Campaign
    By: Jon Walker

    In both tone and substance this speech was very much geared to the 2012 election. It was the first time Obama spoke about deficit reduction that felt as though his main goal was to simply make the obstructionist GOP look really bad, instead of preparing his base to accept major cuts to popular programs, or marginalizing his progressive critics.

    While I think Obama still honestly wants a “Grand Bargain” so he can cut entitlements, this speech felt as though he has either given up hope that the GOP will ever give him that “victory,” or he realized that with his approval rating in the low 40s he can’t afford to endorse cuts to popular programs.

  32. U.S. to build new massive prison in Bagram
    BY GLENN GREENWALD

    As the Obama administration announced plans for hundreds of billions of dollars more in domestic budget cuts, it late last week solicited bids for the construction of a massive new prison in Bagram, Afghanistan. Posted on the aptly named FedBizOps.Gov website which it uses to announce new privatized spending projects, the administration unveiled plans for “the construction of Detention Facility in Parwan (DFIP), Bagram, Afghanistan” which includes “detainee housing capability for approximately 2000 detainees.” It will also feature “guard towers, administrative facility and Vehicle/Personnel Access Control Gates, security surveillance and restricted access systems.” The announcement provided: “the estimated cost of the project is between $25,000,000 to $100,000,000.”

  33. Looking for some weapons for the class war, check out the articles at inequality.org.

    If we are going to tax the “Job Creators”, how about taxing the “job destroyers” instead … all those corporations shedding jobs right and left while raking in huge profits and gigantic management salaries?

  34. For the Greek scholars in the crowd:

    “An imbalance between rich and poor is the oldest and most fatal ailment of all republics.”

    –Plutarch (c. 46 – 120 CE)

  35. Wow, the US continues to chase its job tail. Those pesky jobs are hard to catch and round-up.

    Very easy…hire some little people, pay them and then they can start buying. Continue the process everyday until more are employed. Watching and gambling on Wall Street is doing nothing for actual job growth. We need more than selling air…which the US does quite well!

  36. Sturg,

    Your 5:28 should be etched in stone somewhere.
    Preferably in the halls of justice.

    Good on you.

  37. The job creators are falling down on the job…they have had their tax cuts and now want us all to worry whether or not they MAY create a job or two. The threat of higher taxes is so upsetting to their creative spirit they may not create A job.

    Prayer to the wealthy -- trickle me down, tickle me down and tinkle down some almighty jobs!

  38. Please remember that President Obama is a highly intelligence and gifted con man. He is a great orator and campaigner. Both Craig and David Brooks have a true representation of this President.

    Craig nailed it on September 8th in Pass What Right Away? when he said

    “My guess is that this is another case of Obama talking left before he walks right.”

    Then on September 20th David Brooks on Taegan Goddard’s Political Wire’s
    Obama Enters Campaign Mode said

    “When the president unveiled the second half of his stimulus it became clear that this package has nothing to do with helping people right away or averting a double dip. This is a campaign marker, not a jobs bill… This wasn’t a speech to get something done.”

    and

    “The White House gives moderates little morsels of hope, and then rips them from our mouths. To be an Obama admirer is to toggle from being uplifted to feeling used.”

  39. Sturg,
    I shall not cast the first stone.

    However, being the economic blasphemer that you are, you should be wary, others may not be so reluctant. :grin:

    jace

  40. Jamie,
    Not to worry, we will get our economic house in order.
    And in doing so we will institutionalize income inequity as sound economic policy :cry:

  41. My bf in Denver recently celebrated her 60th birthday getting written-up in one of the satellite call centers. It took her five months to land the job. Her husband (62) has lost his leg to a couple of bad surgeries and they are drowning in medical bills. They work and have health insurance. She is college educated and coherent. She is as desperate as me. She is also my lifeline — for as bad as I think things are getting for me and hubby…they can never be as big as the burden she is carrying. Her inbound call area is the south (Dixieland), so I told her to tell her customers to ‘rip that dish off of the roof and fling it like a Frisbee to Denver so I can take a look at your problem!’ I admire her tenacity and fear for her sanity.

  42. There is an interesting glitch in our laws. If I find your paychecks and deposit them in my account, or if I go into your field, harvest your corn crop, and sell it as my own, when I get caught I’m going to face felony charges.

    bill gates became the richest non-royal guy in the world by repeatedly taking other people’s inventions and selling them as his own, defying the owners to sue him for infringement. Over the years, courts have repeatedly ruled that gates’ Microsoft stole technology from others, but those rulings often came a decade or so after the theft. The amounts of money courts awarded gates’ victims had been eroded by the inflation of a decade, and often couldn’t repair the years of bankruptcies and privation the victims had suffered. In at least one case, the verdict and money owed came after the inventor had died.

    I think it is shameful that gates is still on the loose, and worse that corporations can steal and never have to pay the real price of the damage they do.

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