Hope and Change? We hoped...now where's the change?

[editec]

PRESIDENT Obama, the Rodney Dangerfield of 2010, gets no respect for averting another Great Depression, for saving 3.3 million jobs with stimulus spending, or for salvaging GM and Chrysler from the junkyard. And none of these good deeds, no matter how substantial, will go unpunished if the projected Democratic bloodbath materializes on Election Day. Some are even going unremembered. For Obama, the ultimate indignity is the Times/CBS News poll in September showing that only 8 percent of Americans know that he gave 95 percent of American taxpayers a tax cut.

One cannot help but wonder, if McCain had been elected, what the outcome of his supply sider economics would have been?

But is that the only problem facing O and dems this election cycle?

No. At least that is not what's troubling many who'd originally supported his bid for the White House.

What is troubling some of us is this:

No matter how much Obama talks about his “tough” new financial regulatory reforms or offers rote condemnations of Wall Street greed, few believe there’s been real change. That’s not just because so many have lost their jobs, their savings and their homes. It’s also because so many know that the loftiest perpetrators of this national devastation got get-out-of-jail-free cards, that too-big-to-fail banks have grown bigger and that the rich are still the only Americans getting richer.

source

Well, I suppose we might say it's coming in small --very small -- increments.

Too small, many of us believe, to really matter.

What might have actually convinced some of us that Obama was truly serious about "change we can believe in?"

Well how about this?

The selfish bastards who lied to us, those bonds raters who lied to the bond purchasers about the true risk associated with those bond purchases, and the bankers who bundled those dubious financial instruments and then had the unmitigated gall to bet against the very bonds they they were touting to their trusting bond holders, ought to go to prison for fraud and CONSPIRACY, too.

And if they are untouchable? If the law is powerless to challenge them, and the law takes the fallback position that cavaet emptor is the legal rationalization for this WHOLESALE swindle of the investors?

If these masters of the universe have done no wrong as far as this system is concerned?

Then seriously...how can we believe that the good old banksters system that brought us to the brink of economic meltdown has really seen any meaningful change?

It looks to us like we're just going to go back to more of the same old dirty business as usual.

This perception is the root cause , for many of us, at least, of our continued distrust.

Heads must roll before many of us hope that anything has really changed.

And not just the functionaries of the system must be punished.

On the contrary, it's the people who gave them the orders, (overtly or covertly) who have to face the music before most of us trust that this nation is serious about eliminating that Wall Street/ K Street cabal.

Right wingers like to talk about creating a moral hazard?

What's more morally hazardous than allowing people who have proven to be dishonest to continue to be in charge of our banking and financial system?

 

[TossObama]

The changes I've seen, specifically to health care, are horrible death traps. One step further, anyone who gets angry about what Obama is doing soon finds their name on one or all of the alphabet soup lists as if anger is a crime now.

It's ok to get angry with God. He can take it. Obama is a different story. He's a wimp.

 

[Big Black Dog]

I HOPE everybody that can vote on election day votes so we might see some CHANGE.

 

[Oddball]

 

[California Girl]

The ethics of our Congress has changed.

 

[Paulie]

PRESIDENT Obama, the Rodney Dangerfield of 2010, gets no respect for averting another Great Depression, for saving 3.3 million jobs with stimulus spending, or for salvaging GM and Chrysler from the junkyard. And none of these good deeds, no matter how substantial, will go unpunished if the projected Democratic bloodbath materializes on Election Day. Some are even going unremembered. For Obama, the ultimate indignity is the Times/CBS News poll in September showing that only 8 percent of Americans know that he gave 95 percent of American taxpayers a tax cut.

One cannot help but wonder, if McCain had been elected, what the outcome of his supply sider economics would have been?

But is that the only problem facing O and dems this election cycle?

No. At least that is not what's troubling many who'd originally supported his bid for the White House.

What is troubling some of us is this:

No matter how much Obama talks about his “tough” new financial regulatory reforms or offers rote condemnations of Wall Street greed, few believe there’s been real change. That’s not just because so many have lost their jobs, their savings and their homes. It’s also because so many know that the loftiest perpetrators of this national devastation got get-out-of-jail-free cards, that too-big-to-fail banks have grown bigger and that the rich are still the only Americans getting richer.

source

Well, I suppose we might say it's coming in small --very small -- increments.

Too small, many of us believe, to really matter.

What might have actually convinced some of us that Obama was truly serious about "change we can believe in?"

Well how about this?

The selfish bastards who lied to us, those bonds raters who lied to the bond purchasers about the true risk associated with those bond purchases, and the bankers who bundled those dubious financial instruments and then had the unmitigated gall to bet against the very bonds they they were touting to their trusting bond holders, ought to go to prison for fraud and CONSPIRACY, too.

And if they are untouchable? If the law is powerless to challenge them, and the law takes the fallback position that cavaet emptor is the legal rationalization for this WHOLESALE swindle of the investors?

If these masters of the universe have done no wrong as far as this system is concerned?

Then seriously...how can we believe that the good old banksters system that brought us to the brink of economic meltdown has really seen any meaningful change?

It looks to us like we're just going to go back to more of the same old dirty business as usual.

This perception is the root cause , for many of us, at least, of our continued distrust.

Heads must roll before many of us hope that anything has really changed.

And not just the functionaries of the system must be punished.

On the contrary, it's the people who gave them the orders, (overtly or covertly) who have to face the music before most of us trust that this nation is serious about eliminating that Wall Street/ K Street cabal.

Right wingers like to talk about creating a moral hazard?

What's more morally hazardous than allowing people who have proven to be dishonest to continue to be in charge of our banking and financial system?

This is the best post you've ever made.

 

[iamwhatiseem]

There has been tremendous change.
Like it or not Obama is one of the most successful Presidents in history. His election and the pressure he imposed created some of the single largest changes in this country since the New Deal.

Obama has made tremendous change...too bad he is completely wrong.