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ProximalSuns commented on the blog post How the Schneiderman Panel Could Work
Given the Obama administrations mission to water down, delay any help for American working people trapped by the $3T Wall mortgage fraud scam, it does seem clear that locking Schneiderman into a minority position on an Obama administration panel designed to benefit banks over defrauded home owners is a trap. It seems clear the only point now is to co-opt Mr. Schneiderman, divide the good attorneys general and to help the banks get away with fraud and worse, providing no financial help to the victims.
The state and Federal lawsuits to compensate millions of homeowners for the massive mortgage fraud scam should have been done years ago. 2009 vs. “in committee” in 2012 with a “new team” that is negotiating with itself vs. making real demands on the banks.
Obama administration betrayed voters and went to work to protect the banks vs. help victims of the bank mortgage fraud. Mr. Schniederman is buying into that now no matter his good intentions. States should be filing suit, going after the banks and getting people help. The victims have been waiting long enough and are struggling financially while bank profits soar after $1T bailout.
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ProximalSuns commented on the blog post How About Real Senate Reform Instead of Just Special Privileges for the President
100% right. The filibuster is non-Constitutional. Constitution clearly says majority rule and while the Senate and House can create their own rules of order, overturning majority rule in an already representative vs. direct democracy is making the US government unworkable. Elections mean nothing, or least when Democrats get elected, as GOP is able and Democrats unwilling to block what the people voted for. Democrats lost 2010 elections due to failure to pass real health care reform. People wanted their votes to count and Obama and Democrats saying that a majority was not enough was wrong answer.
In fact, Democrats in majority in the Senate right now can kill the filibuster by the “nuclear option” of declaring in void via simple majority vote. GOP threatened to do this and Democrats should have done in 2009 to pass health care, energy/oil/climate, Wall St reform, green jobs initiative, etc.
GOP will likely do it for them in 2012 though the ineffectiveness of Democrats to wield the un-Constitutional filibuster makes it a moot point.
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ProximalSuns commented on the diary post Mitch Daniels’ SOTU Response is Wrong on Social Security by Daniel Marans.
Actually means testing sounds fair. If one has a taxable income over $100,000 (16% of the US population). At the same time there is no upper limit on SS tax and ALL income is subject to SS tax not just payroll. At the same time remove the rule that taking early SS limits a persons [...]
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ProximalSuns commented on the diary post Energy Innovation: Obama’s State of the Union a Frothy Mix of Promise and Prattle by Gregg Levine.
No. Obama totally blew it on energy and oil AGAIN. He needed to say: 1. US 50% less energy efficient per capita and per GDP dollar than Europe. 2. US must get our economy as energy efficient and as competitive as Europe. 3. It will save US $500B a year in oil trade deficit. 4. [...]
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ProximalSuns commented on the diary post This Nation Is Not Great Because We Embrace Conservative Talking Points by Peterr.
“Deficits are good, surplus is bad and govt debt does not matter!” No. Deficits are bad and debt is bad. They can be TEMPORARY emergency expedients but US prospered as the WWII debt was paid down from 144% of GDP to 30%. The WWII deficit and debt is an example of temporary emergency (WWII and [...]
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ProximalSuns commented on the diary post This Nation Is Not Great Because We Embrace Conservative Talking Points by Peterr.
So true. REAL conservatives would be liberals looking to conserve the FDR to Carter US of fiscal responsibility,unions, income equality, Social Security, Medicare, well financed public schools. The massive public infrastructure buildup from 1945-1980 that has been sold off by the GOP radical Reaganomics that saw Debt/GDP soar from 30% in Carter’s last year to [...]
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ProximalSuns commented on the diary post This Nation Is Not Great Because We Embrace Conservative Talking Points by Peterr.
Yet the supposed “progressive Democratic blogs” are hotbeds of pro-Obama zealots. We have to elect Obama because he is doing the right thing when he is not doing the right thing on health care, energy/oil, tax justice, Wall St, civil rights. I get that I’ll have to vote for him vs. Gingrich but to jump [...]
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ProximalSuns commented on the diary post This Nation Is Not Great Because We Embrace Conservative Talking Points by Peterr.
And nothing on health care. 20% of the US economy is consumed by an insurance industry run health care system vs. 10% of GDP in Europe’s more advanced economies. Taiwan and Japan’s also. Health care insurance is the cost difference. It takes 50% of the health care dollar. The 15% guaranteed profit of Obamacare, the [...]
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