David Dayen’s first take — just the facts, ma’am — on the Administration’s settlement with the too big to prosecute banks is damning enough. Marcy Wheeler’s “bailout” is right; Cythia Kouril is in despair. Beyond the details now pouring out from Dayen, Yves Smith and others, what are we seeing?
The Obama Administration has followed a predictable pattern we now recognize. It has consistently functioned like criminal defense counsel, whose mission is to get their criminal clients, the major corporations and executives who fund their elections, off with no admission of guilt, no forced resignations, and as little harm to their reputation, or that of the counsel, as possible. To do this, they neutralize anyone with an ounce of public purpose in their veins.
Its role is then to convince the public that whatever you thought or feared was going on in America, and whoever you believed had caused the collapse of America’s economy, caused millions to lose their jobs, their homes and their retirements and continued to loot the country, it’s time to look forward. Because everyone who matters — and that’s not you — now agrees, they say, to function in the public interest, even though it’s a bald face lie, since nothing has changed and the looters and their complicit overseers are still in charge.
Obama’s people have performed this function for America’s looters over and over again. They did it for Wall Street, the banks, the rich tax evaders, the insurance companies, the oil companies, the gas companies, the coal companies, the CIA, the DoD, and numerous torturers and their legal/policy enablers and associated war criminals in the previous administration.
Consistent with this strategy, Obama’s team must silence, neutralize or punish anyone who protests or blows the whistle on the massive criminality and corruption involved. It must also emasculate the left and what’s left of the liberal wing of the Dem Party, using the argument that the Administration is not nearly as awful as the other Party’s people, who openly glorify looting and killing and vilifying the victims.
But of course, when we were ruled by the latter, everyone with any humanity was repulsed by the open looting and killing and indifference and was willing to say so. When the Administration sanctions it, however, we are supposed to bite out tongues, because it could be worse.
Well, it’s worse, and it’s more insidious and corrupting of our souls than where we were four years ago. It is evil.




100 Comments

BHO in 2009:
Fool me once …
“Fool me once …”
Never again. Obama has finished the Democratic Party for me.
Bitter much?
Take a number.
:)
Spot on. Now for the difficult part. What do we do about it?
Jill Stein for President 2012 and screw Corporate controlled world politics anyway you can.
Eh? The line forms behind ME! ;-)
That’s not a collection of knives in my back, it’s acupuncture. And you can’t expect Barack to take the time to place each one perfectly. The President has important things on his mind. /s
More heart broken. It’s not smart to betray a naive boy scout.
1. Vote third party candidates for POTUS
2. Remove your money from MegaBanks and put in community banks or credit unions
3. Participate in and support the Occupy movement
4. Get more directly involved in politics, yourself, perhaps at the local level
5. Read the FDL Book Salon commentary:
http://fdlbooksalon.com/2012/02/04/fdl-book-salon-welcomes-jeffrey-clements/
And Jeffrey Clements’ book to learn how to protest vigorously for a Constitutional Amendment to repeal the Citizens United decision
… for starters…
also: keep talking to your family, friends, neighbors, etc, about what’s happening & what they can do.
Start by withholding consent.
Sadly, the bar (for me to vote for O) is extremely high–and time grows short. Perp walks, prosecution and conviction of the felons of Wall Street; same for captured ‘regulators’ and war criminals. I don’t think there are enough days before the election to show me that kind of accountability and transparency. Refuse to forfeit my right to vote . . . but I can leave the box at the top of the ticket blank. Would a Republican be worse? Maybe a bit . . . but electing a Republican (ANY of the clowns currently posturing) might more quickly push ‘the people’ to dust off their pitchforks. Then, again, maybe that time, too, has passed.
Take two and give one to a friend. :~)
Scarecrow speaks for me.
The president’s lips were just moving, you know what that means.
He just said the ‘bi-partisan nature of this settlement’ depends on the cooperation of the congress. Which means he is throwing it back on the congress not to work.
I didn’t think I could be more disgusted with the state of our country and the people I voted for.
Their collusion with the rapists who plunged this country into this century’s first depression is nauseating.
There is no consolation in the ‘knowledge’ that the republicans would be worse.
That depth has been plumbed.
I am seething with loathing and devastated by inexorable tyranny of the kleptocracy.
I once lived in the United States of America and so mourn her passing.
And don’t listen to the Bullshit. Pay cash instead of debit cards or visa/MC.
No, not bitter. More determined to continue the fight.
Just watched the President and his “big announcement” about the settlement. There seemed to be an aura about his message that acknowledged that the settlement is a drop in the justice bucket, completely inadequate to the issues at hand. I’ll have to go back and see exactly how long it was before the inevitable term “turn the page” was used – came even sooner than I personally expected.
(And at the end of announcement, as everyone was leaving, of course the question that was shouted after him had to do with contraception!)
They don’t seem to think they need the consent of the f’ing ret*ards to govern.
It would probably be just as effective to hold your breath.
When he didn’t order bush and cheney arrested for torture right after being sworn to uphold the constitution, strike one.
Playing the country for fools with his health care sellout distracting our attention , for a year , away from what he was elected along with a democratic congress to do first, end the wars strike two
Signing the ‘defense” bill, his Libyan war, his love affair with death technology drones and all the less than human actions he’s taken with relish strike three.
No more passes about his good intentions.
As we speak the POTUS on TV doing a victory lap. “YEH, all is good in america. THE BANKERS will pay $25 billion given to them by the taxpayers in tarp not to mention all the funny money the FED gave them and the ponzi scheme goes on.
The states get much needed cash from the taxpayer without directly raising taxes, i get my election funding, although truth be told I prefer that to come from mexican drug cartels, and we are all so happy. BTW with the spare change we will send every american a bag of peas, free. Yep it’s raining peas.”
“Vote third party candidates for POTUS”
Damn straight. Believe it or not, Obama and the Democrats NEED the Left. Their strategy is to pretend otherwise and hope the Left doesn’t coalesce around a single Third Party candidate which they believe (correctly, I think) will mean that lost Progressives will vote for Obama when push comes to shove. Our job is to thwart the ObamaDem strategy by coming together in support of A SINGLE UNIFIED Leftist Third Party ticket. Our bigger job is to do it NOW. We CAN make a difference politically in 2012 if we can get organized and focused right now.
How about FDL backing a Third Party Progressive candidate for President? That would be a great way to start the process.
Excellent job, Scarecrow. Concise.
Like my British friend, Eggs Ackley-Wright.
I disagree. They PRETEND they don’t need us and we are so beaten down that we believe them. They DO need us but they assume we will vote Dem in the end no matter what. We must change their calculus.
That’s where I’m headed unless someone has a better idea ASAP. Let’s get that settled and then move into election mode.
Bi-partisan is a code word for *permitted by the elite*.
No Bankster Left Behind. Or War Criminal.
meanwhile FBI announced
if you use cash to buy coffee – suspected terrorist
buy bulk food – Most def a suspected terrorist
Dislike your govt and speak about it – terrorist
Yes, use votes to win in a Democracy! It is worth a try!
Well, the only action is NOT to vote for Obama. I will not vote for him even if Santorum is his opponent. I will withhold my vote from an evil man, no matter what party they pretend to be in. Obama is no Democrat. He was in charge of a coup in my party. He is as corrupt as they come. And I will not vote for him.
“Bi-partisan is a code word for *permitted by the elite*.”
“We have reached a bi-partisan agreement” is the most terrifying phrase in the Unites States today.
I refuse to consider myself beaten down until I’m actually on the ground, bleeding, dying. They can claim victory at that point.
I learned a number of things from Charlie in Nam. One of them was that there are only 2 options, victory or death.
Thanks for this, Scarecrow.
Wish you didn’t have to write it, but glad you do it so well.
FunnyD
Vote for Jill Stein and don’t vote for any incumbents in the primaries.
“Yes, use votes to win in a Democracy! It is worth a try!”
If nothing else is clear about Obama by now it is that he is a coward and a bully. He will respect the Left when he fears us and not one second before. And he won;t fear us unless we can jeopardize his re-election. And ..
Yes We Can!
Dead right, My Friend. Fight or die, that’s where we’re at.
Thius is the last straw for me.
Count me in.
To what are you referring and is there a link? I missed this…
Somewhere there’s a woman crotcheting this prick’s name onto a sampler while her husband checks the wheels on his tumbril.
Somehow it all feels like Watergate and Im not even sure why….the criminals are obvious, so that’s one similarity. We are trying to get the facts/information and make sense. Another. Yes, Nixon was a crook in spite of his denial. The denial here and now has been shattered, such as all the lip service to holding the banks accountable. Nixon would have been impeached for less than this set of facts. Sickening…
So those “27 8×10 color glossy pictures with circles and arrows and a paragraph on the back of each one explaining what each one was to be used as evidence against us,” still result in a “typical case of American blind justice,”.
Now really, Who didn’t see this coming?
That was more cynical than I intended it to be. I think someone very smart likes to say, Never. Give. Up.
As I said, I’m voting for Jill and firing everybody else.
My grandpa was a verry active democrat. I hope he can’t see what has happened to his party.
As disafected as I was with Bush, that dick Cheney, and Rumsfelt, I am horribly dissappointed in Obama and the democrats.
It was a few days ago. but if you google it you will find links i think. although who knows google is cia controlled
Thanks from me too scarecrow.
I think that we all knew that it was just a matter of time before the state ag sell outs occurred. The state ags had to earn their bones with the progressives in their states so that when they run for governor, as they will, they can point back to their standing up for the little guy to get the best deal that they could. Unfortunately the deal will not put anyone back into the house that was stolen from them but may give them $1800 which will certainly more than make up for all the money they had stolen in their confiscated home. Still not accountability of the part of the criminal class that perpetrated the crime.
the very day they announce Private Bradley Manning to be arraigned on all 22 counts, including “aiding the enemy”
the only reason I’m not babbling, kicking the cat, and googling how to make an incendiary device in my basement, is because of the 4-1-1 and warnings provided by Dayen, Kouril, and all the other reporting on this travesty here at Firedoglake – thank you Jane Hamsher
dark giggle – looking up at my muted tv screen as I type – “Democrats Propose 6-WK Cut in Jobless Benefits”
All that’s left now is a war with Iran to finish off the looting. Hey, let’s throw in a war with Syria, just to make sure the looting is complete.
I’m in your camp. They don’t give a fuck and we can huf and puff all we want and the will carry on regardless. Sure might be a different suit in the office but a suit nonetheless.
Frankly I have more faith in God appearing in the sky then this raping and looting to stop. Look at greece it is coming here next and if you don’t like it there is the NDDA bill for that, or the patriot act, or they will just start another war.
Yes. Bi-partisan means they both get to “fu&k you” and collude together behind closed doors or over martinis, to do so.
I EXPECTED the republicans to be dicks. They HAD the biggest one IN the administration. But we have really been hosed by Obama. Day after day after day. I think what bothers me the most is that one of my “friends” a right wingnutjob, after six months in office proclaimed Obama the “worst president we have ever had”. At that time he hadn’t done ANYTHING. Now, I don’t know what to think. He has caved to the GOP, let the banksters off, started a third war, is continuing all the invasions of privacy and violations of the constitution that Cheney/Bush enacted. I could go on. He got a bad healthcare plan passed and “traded” continued tax breaks for the filthy rich for DADT.
Where’s my Paxil??????
One word Diebold. done it before and they will use it again
What a depressing day.
look at wisconsin and how magically x votes appeared to give the evil fucker the Judge guy the win.
It came from an Alex Jones site. Nuff said.
http://www.infowars.com/fbi-says-paying-for-your-morning-coffee-with-cash-a-potential-terrorist-activity/
May, I know exactly how you fell. On top of that I had to pay $50 and pickup the garbage.
Yep the internet has become the new opiate of the masses. we can all get mad from our armchairs, vent a little and move on.
Has anyone heard lately from Cornell West or Belafonte? They have certainly been outspoken about the betrayals and disappointments. I have not heard anything recently, however. (That doesn’t really mean much; there’s lots I miss.)
And, OF COURSE, Halliburton/KBR will get a multi-billion$$$$ NO BID contract to provide “logistical” support to the troops.
I’d like to hope, no THINK, that there are others like me who are now “getting involved” so as to have our voice heard. I am our precinct chair and wil likely go the state convention and raise hell. If I can get some donations, I might even go the the national convention.
BTW, I’ll be the one on the floor of the convention in the Astros baseball cap on Wednesday being arrested.
My new slogan…”Don’t let the drones catch you crying.”
They’ve probably been rendited to Bagram.
He’s doing a talk radio gig with Tavis Smiley.
http://www.smileyandwest.com/home.html
nothing positive, progressive, liberal, good for the nation or the ordinary citizen is going to happen until the democratic party is purged of its obama’s, biden’s, schumer’s, feinstein’s, reid’s, schneiderman’s, miller’s, harris’s, just to name a few off the top of my head.
democrats like these need to be voted out of office as punishment for their political conduct. only when there again become serious poitical consequences for public lying and corporate-theft-enabling political conduct will there be a chance of a liberal agenda in this country.
the first step to take for a liberal who wants a liberal future for this nation is to free oneself of the fear of a republican victory at any level – local, state, national.
for decades now democratic political leaders have used the dreaded “republican victory” as their shield against being punished for their political misconduct and betrayal of constitutional principles.
if you want things to change in the democratic party you are going to have to be willing to vote against non-performing democrats no matter what the consequences.
in the short run this will lead to much bad right-wing policy. in the long-run the public will, out of desperate self-interest, awake from its 30+ year slumber and decide knowing exatly what’s happening in our politics is a matter of one’s well-being, even economic survival.
Don’t get depressed. Get angry. We can beat these bastards. We just have to get organized and focused.
Thanks…I knew he’d been on, but didn’t know that he was to continue….
I think Progressives should follow O wherever he goes and chant a phrase or single word whenever he shows. I nominate ‘SCUM’.
It’ll be part of his campaign like killing Osama, ending the war in iraq, etc. I know I know, we here get that this is bullshit but he’s betting most wont.
New post upstairs…
You are a steely eyed missle man, to steal from Apollo 13. Too bad Nolan Ryan didn’t take over the ‘stros.
Based on:
1) US Attorneys approve bank corps’ property and investment FRAUD deal for $5 billion cash, $20 billion IOU
and 2) Greece “gov’t” signs over country to pay off FRAUDULENT bank “loans”
fraud is now a “misdemeanor” in the first case and an enforceable contract in the 2nd ?
i guess we’re not in kansas anymore, Toto. . .
maybe you want to check this out
http://info.publicintelligence.net/FBI-SuspiciousActivity/Internet_Cafe.pdf
AJ might spread BS but he also has put out stuff that turned out to be true.
That idea has great potential. Wonder what POTUS would say to his two little girls when asked, “daddy, why do they yell scum?”
and you might want to check out this
http://www.zerohedge.com/contributed/government-uses-anti-terror-laws-crush-dissent-and-help-too-big-fail-businesses
But yep none of it is true let’s all believe in the tooth fairy.
What about FISA?
This alert is for people who frequent Internet Cafes, not people who pay cash for groceries, etc.
That’s a blog post by somebody named George Washington.
I think strike one was his vote for NAFTA. It made me see that he was not all he claimed to be, but a vote for a republican was out of the question.
Fool me once errrr….won’t get fooled again (heh, heh ,heh).
Well, if we had run a true Progressive in the primary we would have taken a huge step forward applying pressure on Obama and building for a future run at the presidency. But that didn’t happen. We could be now organizing a another party or a insurgent Democratic movement but not many are interested in that either.
It’s time for positive action and no more whining (and that includes me).
The only recourse is to continue to organize. Join your local Occupy. Don’t have one in your podunk community? Start one! reach out across the board to libertarians if you are in red states. Reach out to labor and socialist orgs. Link up and fight the 1%. Join your occupy movement.
Get on call lists to join up against evictions. Don’t have one where you live? Start one! When eviction notices come to your neighbors, pop up a tent on their front lawn and make the officers have to fight for those evictions. If our government will not protect its citizens from corrupt capitalism, we must socially come together and fight them back. Direct Action Direct Action Direct Action.
i am convinced that the corrupt sell outs in public office could not get away with their b.s without a pro corruption media. Vote with your dollars by boycotting media corporations that carry water for the traitors to this country, dems and repugs
Yet.
You think the Government wants you anonymously buying box cutters with cash at the local Home Depot? I think not.
It’s pretty weird. ‘Pubes hate him because they are told to hate him. Progressives hate him for his actual betrayal. (You know, “the facts”.)
All that remains for him is party-line Dems, and anyone who fears change.
“Banker”
Mmmm, the Obama administration. What a sad, pathetic, dangerous joke.
OT I wish Jan Brewer would have slapped the shit out of Obama, and then been promptly arrested by the Secret Sercice.
Would have been a win win for everyone.
2. Remove your money from MegaBanks and put in community banks or credit unions
In November, my wife closed an account at B of A. The very next day, B of A reopened the account without her permission and paid her $ 0.01 accrued interest. Then they charged her a $5 per month service charge.
Last week she got a postcard demanding $15 to bring her account current. Yesterday she went and bitched at the bank. They dropped the service charges but insisted on giving her the penny!
Laugh Out Loud ridiculous. Fucking waste of resources. Again.
I’m not sayin’ I agree. I’m not sayin’ I disagree.
Is that clear???? :-)
Personally, I am not voting for Obama. The banks bought him, they can buy the election for him, and after this settlement the SuperPAC money will flow.
Time for the Revolution, Maw.
I so wish I hadn’t seen this coming 3 1/2 years ago after the FISA cave. I then wrote repeatedly—he is not the messiah, he will disappoint us. Get used to it—and I got flamed a lot around here and stopped commenting.
Yet he is far worse than even I imagined.
Don’t think I’ll be able to vote this year.
I hate to admit this, but I think the democratic system in this country has run its course and it’s beyond the power of the 99% to effect the required changes necessary to correct the system. I’m seriously considering joining an ex-pat community where US influence is at a minimum.
Actually, Bill Clinton initiated the coup. Obama is just following in his footsteps and continuing to implement the Prescott Bush Doctrine.
Did you know that Prescott Bush insisted that DDE put Nixon on his ticket as VP?
This is how bourgeois society is in crisis, comrade. No accountability. It ain’t just O’Bummer.
The evil was always waiting for you. Should have found it before it found you.
Very interesting. T. Dick had some nasty connections.
you didn’t get flamed by me, that’s for damned sure :>)
I fucking loathe Obama. That cowardly clump.
Scarecrow, I hoist a Yuengling Lager to you(it’s imported from Pennsylvania). Excellent post.
I live in a so-called swing state. I voted for Obama in 2008. I do not yet know for whom I will vote in November, but it will not be for any Democrat or Republican for President. I do know that if a real progressive candidate gets just 3 or 4 per cent of the vote here, Obama will not carry Ohio. I’ll do my best to make that happen.
I think annonymous is working on a little surprise for Diebold. What do you say, JH in a miraculous write-in victory in November! Or maybe Assange?
It came from an Alex Jones site. Nuff said.
No, that’s not “Nuff said.” That’s stupid.
First, it didn’t “come from” Alex Jones. Second, these sorts of “be alert to suspicious activity” flyers and warnings are not limited to internet cafes. There’s a long list, and it was produced by the FBI, and things that are on the lists essentially indicate that going about the normal business of daily living is enough to cause someone to fall under suspicion.
Flyers available at the link below.
PublicIntelligence.net: FBI “Communities Against Terrorism” Suspicious Activity Reporting Flyers
The sooner we face this the better. As a homeowner with one of these loans…there is no doubt in my mind that this system is beyond my reach. I’ve called, written letters, faxes, to my state government and the federal government. As long as their is no accountability we live in a fascist state. The big corporations have no liability we will be the only ones serving time.
The descent has begun…the sooner we face it, the better. We need to go around the system. Occupy wallstreet worked…and frankly Obama and Scheiderman both have stated this. They continue the meme…”make us”. Okay…perhaps they feel their hands are tied in this political system as well…that is that in order to win they must kiss the corporate butt. I don’t know…but the answer seems to me, that we must go around the broken system.
And….Never, never, never, never, never, never, never give up.
I like the serenity prayer for times like these…and my concept of a higher power is not the typical “god”…
God grant me the serenity to accept the things I cannot change, the courage to change the things I can, and the wisdom to know the difference.
Nice thoughts for these difficult times.