It’s very likely that Romney paid token or no taxes for many years on his ‘investments’ and that he’s terrified of that becoming public.
For years he raided companies for years to loot them. Once he’d done that he was left with only one decision – to continue looting by busting unions and driving wages down and profits up or to continue looting until the company was dead and then killing it, exporting jobs, closing it and selling off the assets.
Republicans Romney and Bush, like all the rich, are parasites dedicated to preserving and even enlarging the wealth of the rich. They’re very open about it. Democrats Obama and Clinton aren’t nearly as rich as Romney or Bush (although it has to be said that Clinton is well on his way) and they too have dedicated their presidencies to preserving the wealth of the rich.
Obama tapped Clinton economic czar Lawrence Summers, Clinton’s US Secretary of the Treasury from 1999 to 2001. Summers, an early advocate of deregulation of predatory banks was rewarded, according to Robert Sheer writing in Truth-out 01 12 2012 , with over “$8 million in Wall Street loot during the period when he was a top economic adviser to the Obama 2008 presidential campaign… Summers received $5.2 million from the D.E. Shaw private equity fund, which was up to the same sort of shenanigans as Romney’s Bain Capital.”
Sheer goes on to point out that Obama’s chiefs of Staff include “Rahm Emanuel, whose political career was generously backed by Magnetar Capital, an Illinois hedge fund that was a major purveyor of subprime mortgage-backed securities. Then came JPMorgan Chase’s William Daley, paid $5 million a year as the representative of that company in Washington, working to soften Obama’s already tepid efforts at reregulating the banks. And now, Jacob Lew, another Clinton-era retread who made himself wealthy between Democratic administrations by being COO of Citigroup Alternative Investments, specializing in betting that people’s mortgages, which other branches of Citigroup sold, would go belly up.”
Both parties and their candidates controlled and owned, lock stock and barrel, by the rich, the obscene parasitic class whose untrammeled greed produced the Clinton Depression, a 30 year wave of union busting, a steep loss in our standards of living and massive, deliberately maintained long-term unemployment and underemployment. Those who support either of these parties are acting against the interests of working people.



49 Comments

Tunnel vision, much?; ‘Obama and Clinton aren’t nearly as rich as Romney or Bush (although it has to be said that Clinton is well on his way) and they too have dedicated their presidencies to preserving the wealth of the rich.’
oh, give us a break.
Excellent diary, Bill.
Thank you.
Ruth is correct. Clinton and Obama are not as rich a Romney and Bush.
But they are working on it.
Frankly BOTH legacy parties, as you say, regardless of the “wealth” of the “front-runners”, have been, hand in hand, helping the very rich to loot plunder and rob this country of jobs, of the Rule of Law and of civil society.
Clinton “singed off” on NAFTA and the gutting of the Glass-Stegall Act.
Obama, well, what has Obama done that was not designed to protect the criminal fraud, to further entrench the PATHOLOGY?
Ruth is correct … we need a break … FROM politics as usual.
From condescension, from emotional manipulation, from calculated and blatant appeals to unreasoning fear …
Recommended to everyone at FDL whose knees do not jerk to “more of the same”.
DW
‘ we need a break … FROM politics as usual.’
I guess comments which use any and every topic to try running down the Prez are old only to those of us with other interests besides that.
So, Ruth, you see nothing wrong with “We will not criminalize policy differences”?
Which covered up torture.
You see nothing wrong with protecting the bankers?
Which harmed millions of human beings?
You see nothing wrong with a “Constitutional Scholar” who said, long before a hearing or a trial, that Bradley Manning was “guilty”?
And you have no problem with Obama’s assertion that he has the power to kill anyone (including citizens of the United States), anytime, and anywhere … the HE decides, all without due process of law?
Nor with the use of drones on civilian populations? (Which is morally equivalent to the use of the V-2 rockets, in my opinion.)
Not to mention many other things that Obama has done and … deliberately, not done.
Obama is the President, and therefore NOT above criticism, nor above accountability.
Ruth, my dear, perhaps you should pay MORE attention to what is happening to this nation and to the human beings who comprise the society around you.
Could it be that your “other interests” preclude you from so doing?
When you imply that pointing out the truth, that mentioning facts is “running down the Prez”, then you might wish to consider a course in Philosophy 101, dealing with false argument, false analogy, and other rhetorical “tactics” designed to avoid truth, to attack the person and not the ideas which any person is raising … for such comments as you have made on this thread are not engaging in discourse but seek, rather, to avoid honest and civil debate.
And you, Ruth Calvo, are fully aware of what you do.
If you were simply disgusted, or moved to forthrightly dispute what is being said here, then you would either say nothing, or have the essential respect for others to engage in thoughtful discussion and NOT dismissive, haughty, and throw-away one-liners.
I would like to imagine that you’ve both more class and substance than that.
No doubt, you have no “interest” in what I have said, for, I suspect that it runs contrary to your intents and purposes.
I have not the slightest problem with your support of Barack Obama and the Democrats, so what, in the name of civil discourse, is your problem with what any of the rest of us choose or have come to think?
You may take issue with how we say things, and may you take issue with what we say … but at least have the civility and courage to treat us as you would wish to be treated.
Is that too much to ask of you?
DW
‘dismissive, haughty, and throw-away one-liners.’
iow, not getting into yet another discussion of Evil Pres O is elitist attitude, again and for yet another diary full of attacks on the Prez? been there, am not going to join the crowd of all attacks all the time on every topic.
Very wise of you, Ruth.
Forgive me, please, yet I am curious, if that is the case, for you, and I do not doubt that it is, then what were you doing, here, visiting Bill’s diary?
What was your purpose?
Just letting us know that it is beneath your dignity and a waste of your time to engage?
I remember a wise old lady once saying (I suspect, btw, that you knew a wise old lady who said much the same thing), “If you don’t have something nice to say, then don’t say anything at all …”
Of course, she didn’t always remember her own advice.
None of us do.
I’d like to imagine that we are all trying.
Some of us are, likely, more trying than others.
Anyway, that is what a bunch of people have said about me.
On that note, I sincerely wish you a good day and hope that all of us shall find little aggravation today and in the days ahead.
And, if we do, that we shall be able to surmount such aggro with patience, tolerance, and a wee dram of humor.
DW
that was Bambi’s mother.
Admittedly, when I was attracted by the title and it turned out to be another round of using any sort of topic as yet another attack, I did make an objection, in a comment.
Bambi’ mom said it too?
It was my grandmother who told me … a feisty lady for sure.
She met Eleanor a couple of times … and always said that Franklin was at his wisest when he listened to and followed Eleanor’s advice.
I sometimes wonder what the three of them might have to say about the state of the nation, today?
DW
“If you don’t have something nice to say, then don’t say anything at all …”
My mom says that too.
This must be one of those YMMV moments, because I’m not seeing the nice part in saying to Ruth…
dismissive, haughty, and throw-away one-liners.
Maybe you are distrubed by something else and projecting “a wee bit” on Ruth?
Breathe, I say.
Yep, funny thing that, Disney used a lot of folk themes, to his benefit but also to ours.
I will forego the issue of stacking the supreme court, it’s too much a matter of conjecture.
Well, demi, we just sometime, respectfully, will have to disagree.
If you cannot see why I said what I did, to Ruth, then so be it.
I maintain that she WAS dismissive of what Bill said, WAS haughty in her response, as if to say “Here we go … again …” … and she DID make use of one-line dismissals of what both Bill and I had to say.
We, you and I, both have the right to see things differently AND to share, with each other … and everyone else, as does Ruth, what we think about what others say … as well as the way in which they say it.
Even as you have done.
I thank you for daring, politely, patiently, and reasonably, to do so.
Namaste
DW
Someday, you and I should have a discussion about Disney, the good AND the bad … the effects upon American society and our dangerous mythologies.
Likely, we will not agree, however, it is a topic well worth further discussion.
And yes, SCOTUS appointments, as well as “determinations” made by what amounts to a President’s “private” lawyers, those like Addington, Bybee, and Yoo, for recent example … are, very much, a “venue of discussion” fraught with both wild conjecture AND grave consequence.
DW
Now, Bill, I apologize to you, for having taken this thread so very far off the course which you clearly intended it to follow …
DW
We can disagree, but you didn’t extrapolate on how your words to Ruth were nice.
It’s so interesting to me how we all sometimes read things differently. I just don’t see Ruth as being haughty. I see here as a real down to earth person. Maybe that’s the difference in the way we heard her words.
For sure, we have “read” various commenters here in a completely different way.
Maybe Ruthie is having a mood.
Sorry to disappoint, I’m too old to suffer monthly mood flare-ups.
You’re never too old for a mood, dear.
Indeed, the Obama bashing mood does seem to strike some commenters whenever any post appears.
Hey Lud. You’re cracking me up. Yes, I’m laughing.
Talk about cluckers. Ha!
You started off complaining about the poster, Ruth.
Comrade clucker to you.
Read my comment #1 which I guess you’re talking about although inaccurately: it’s about a comment, quite specifically.
So far your comments are on a par with the post.
It’s quoting the post. Are you being evasive, comrade?
Your judgmentalism is showing.
Was that meant as a political reply? It failed.
Thanks. It’s not just a matter of personal wealth, although we have to recognize that the politics and the politicians of the two major parties are corrupt from A to Z.
There’s also the question of which side they take in the class divide. Democrats as well as Republicans are dedicated to preserving the wealth, power and rule of the looter classes and imposing austerity (which creates more wealth for the rich) and to busting unions. They wouldn’t be selected (hired) as candidates if they didn’t.
Hard to be a political reply when it responded to a statement at variance with any factual evidence. But now must get things done, hope you and Ludwig find something solid to base your conversations on.
The problem is not runing down the prez but the prez running us down.
“The last refuge of Obamaphiles is that no matter how many times the First Black President double-crosses us by cutting Medicare and Medicaid, no matter how completely be betrays his voters us by ignoring black unemployment, by deporting one million Latinos, by protecting the banksters responsible for the foreclosure crisis and by invading, bombing, occupying and subverting even more countries than the Cheney-Bush regime, his white supremacist tea party opponents are far worse. But what if Democrat Barack and the Republican tea partners are just playing different positions on the same team?” Black Agenda Report - 09 21 2011
Obama is bashing the working class. Too bad if you don’t like it when we fight back.
My agreement is complete, Bill.
As well, the media, are also totally complicit, in the Class War (for such it is), being happy-to-go-along members of the political class, even as normanb’s diary “New York Times Bribes Obama and Romney, After Campaigns Demand It” and the Times article, which norman is posting about, “Latest Word on the Campaign Trail? I take IT Back” written by Jeremy Peters, make very clear.
Again, thank you for the diary, and for responding to the comments which it has elicited.
DW
This is in repsonse to calvo at number 26.
Prove what you say. Prove that Clinton didn’t enthiastically champion and sign Republican bills like NAFTA and deregulation of predatory bankers, causing the current Clinton depression. Prove that Democrats didn’t vote for NAFTA in large numbers and overwhelmingly for deregulation. Prove that Obama is not a union buster who’s much, much worse than Republicans like Scott Walker.
Obama appoints another union busters as his chief of staff: In these Times 01 29 12 “Obama’s Union-Busting New Chief of Staff? Jacob Lew Helped Destroy Grad Students’ Union at NYU When Obama’s new Chief of Staff was NYU executive vice president, school ceased recognizing the grad students union” http://www.alternet.org/story/153935/obama’s_union-busting_new_chief_of_staff_jacob_lew_helped_destroy_grad_students’_union_at_nyu?page=entire
Obama attacks airline and rail workers : LABORnotes 02 15 12 “Two years after President Obama and Democrats abandoned labor’s much-anticipated Employee Free Choice Act, they have refused to block Republicans intent on making life miserable for airline and rail workers. A bill reauthorizing the Federal Aviation Administration, voted up 75-20 in the Senate, changes federal labor law to make organizing more difficult for railroad and airline unions. New rules will make it easier to decertify unions and harder to win elections when employers merge.” http://labornotes.org/2012/02/obama-democrats-deal-setback-airline-workers
Obama attacks the UAW HuffPo 09 03 2010 “The White House is forcefully pushing back on former (Obama) car czar Steve Rattner’s upcoming book about his time in Washington, specifically the allegation that Chief of Staff Rahm Emanuel once blurted “Fuck the UAW” when told that tens of thousands of autoworkers’ jobs were at stake in the restructuring of the auto industry.” http://www.huffingtonpost.com/2010/09/24/steven-rattner-interview-_n_737966.html
Obama attacks federal workers and postal workers LABORNotes 03 06 2012 began to wither. The Employee Free Choice Act, the law that would have eased union organizing drives, was shelved. When the administration bailed out the auto companies, it dictated wage cuts, plant closings, and tens of thousands of layoffs, and stripped workers’ right to strike. The health care bill attacked union-negotiated plans. A green-job transformation for the economy stalled. Then Obama announced in December 2010 that salaries for federal workers, already low compared to those of private-sector workers with similar education and longevity, would be frozen for years into the future…”http://labornotes.org/blogs/2012/03/labor-overlooks-bipartisan-attack-federal-workers%20
If you can’t prove what you say we’ll just dismiss you.
Wha??? You and the mouse in your pocket?
Or, are you using the royal We?
Now, I’m rolling on the floor.
Try being political. Political opinions demand proof. Obamaphiles have none. So we dismiss you.
As for the ‘we’ 30 million plus voters who’d voted for Obama in 2008 dismissed him and his party lap dogs of the rich in in the 2010 Congressional elections. That ‘we’.
Roll on the floor as much as you want. It’s what you do best.
Now you’re just being nasty.
Edited by Moderator.
Thanks again, DW.
The mainstream media are ‘kept’, as the saying goes. Some, like Fox, are kept by right centrist Republican political prostitutes and some, like MSNBC/NBC and CBS are kept by right centrist Democrat prostitutes.
And the rich get richer, something that demi and Clavo seem to approve of.
Try to keep it to politics. Gay men find the comment ‘Suck off’ offenisve and bigoted. We think gay sex is wholesome, and not the subject of epithets.
We despise bigots.
Wrong, wrong. Totally wrong.
No evidence of that at all.
Chill.
Prove it or get dismissed.
Oh, for Christ’s sake.
Again, no evidence. I have no idea what your sexual preference is, and don’t care.
Dude.
You keep replying to someone you want to dismiss.
You’re making no sense to me and you keep taking this Supposed conversation in different directions.
Have Fun. I’m out.
Congratulations.
Squeak squeak.
Oh, and recommended. It would be educational for this diary to be on the top ten recommended list.
EVIDENCE that Obama is a union busting lap dog of the rich
Obama appoints another union busters as his chief of staff: In these Times 01 29 12 “Obama’s Union-Busting New Chief of Staff? Jacob Lew Helped Destroy Grad Students’ Union at NYU When Obama’s new Chief of Staff was NYU executive vice president, school ceased recognizing the grad students union” http://www.alternet.org/story/153935/obama’s_union-busting_new_chief_of_staff_jacob_lew_helped_destroy_grad_students’_union_at_nyu?page=entire
Obama attacks airline and rail workers : LABORnotes 02 15 12 “Two years after President Obama and Democrats abandoned labor’s much-anticipated Employee Free Choice Act, they have refused to block Republicans intent on making life miserable for airline and rail workers. A bill reauthorizing the Federal Aviation Administration, voted up 75-20 in the Senate, changes federal labor law to make organizing more difficult for railroad and airline unions. New rules will make it easier to decertify unions and harder to win elections when employers merge.” http://labornotes.org/2012/02/obama-democrats-deal-setback-airline-workers
Obama attacks the UAW HuffPo 09 03 2010 “The White House is forcefully pushing back on former (Obama) car czar Steve Rattner’s upcoming book about his time in Washington, specifically the allegation that Chief of Staff Rahm Emanuel once blurted “Fuck the UAW” when told that tens of thousands of autoworkers’ jobs were at stake in the restructuring of the auto industry.” http://www.huffingtonpost.com/2010/09/24/steven-rattner-interview-_n_737966.html
Obama attacks federal workers and postal workers LABORNotes 03 06 2012 began to wither. The Employee Free Choice Act, the law that would have eased union organizing drives, was shelved. When the administration bailed out the auto companies, it dictated wage cuts, plant closings, and tens of thousands of layoffs, and stripped workers’ right to strike. The health care bill attacked union-negotiated plans. A green-job transformation for the economy stalled. Then Obama announced in December 2010 that salaries for federal workers, already low compared to those of private-sector workers with similar education and longevity, would be frozen for years into the future…”http://labornotes.org/blogs/2012/03/labor-overlooks-bipartisan-attack-federal-workers%20
————————–
” I have no idea what your sexual preference is, and don’t care.”
Look up at the photo that accompanies all my posts and the fact that I’m gay is pretty clear. Although you like to dismiss evidence, it seems that’s pretty evident. In any case I expect non-bigoted straight people to be equally offended by you bigoted use of the terms like ‘that’s so gay’ or Suck off’.
Really, you Obamaphiles, even if you are on the defensive from political criticisms from the left have to at least try to prove what you say instead of diverting the discussion with bigoted comments and personal attacks.
Guess I should apologize.
Sorry.
Accepted.
Head Nod and a little smile.
Okay, everyone, you’ve made me log in to correct the record. (And recommend)
It wasn’t DW’s grandmother, it wasn’t Bambi’s mother -
I have a clear memory of my maybe six year old first viewing of “Bambi” and I can definitively say -
It was Thumper.
He actually had said something impolite about Bambi’s looks, and someone, either his mother or that wise old owl guy, frowned and said something like “Thumper! What have I told you and told you?” Then the little guy puts his head down, and it is he who mutters – “If you can’t say anything nice (pause) don’t say ANYTHING at all…”
Check it out. Very, very important stuff.
Thanks for the recommend.