The Hill:Obama backs 'cromnibus' ahead of vote

[hedda_foil]

http://thehill.com/policy/finance/226817-white-house-signals-support-for-cromnibus-ahead-of-critical-vote

Obama backs 'cromnibus' ahead of vote

The White House on Thursday urged the House to pass a $1.1 trillion government spending package despite riders it opposes that would repeal a portion of the Dodd-Frank financial reform law and loosen limits on campaign contributions.

“The Administration supports House passage of H.R. 83, making appropriations for fiscal year (FY) 2015, and for other purposes,” a statement of administration policy said.
The statement was released about an hour before the House was scheduled to vote on a “cromnibus” spending bill in an effort to win over critical Democratic votes and prevent a government shutdown

[TheNutcracker]

1. I disagree with the president

[fadedrose]

30. So do Warren and Pelozzi

[Dont call me Shirley]

2. Now would be a good time for President Obama to have Reagan's "Line Item Veto"

[okaawhatever]

6. +100 nt

[wavesofeuphoria]

3. great

[woo me with science]

4. Why? Because they can!

Torturers are patriots.

Wall Street needs more help looting America.

[hedda_foil]

5. I can't begin to express the depths of disgust I feel right now.

Does anyone know where I can find a sputtering smilie?

[woo me with science]

12. Completely bought and sold.

I use this one. I find it aptly symbolic, because corporatism IS terrorism:



marmar's posts:

A society of captives
http://www.democraticunderground.com/10025927255

A paragraph from Chris Hedges' piece on Truthdig today that adroitly summarizes where we are.....
http://www.democraticunderground.com/10025930017

[font size=4]Corporations have captured every major institution, including the judicial, legislative and executive branches of government, and deformed them to exclusively serve the demands of the market. They have, in the process, demolished civil society. Karl Polanyi in “The Great Transformation” warned that without heavy government regulation and oversight, unfettered and unregulated capitalism degenerates into a Mafia capitalism and a Mafia political system. A self-regulating market, Polanyi writes, turns human beings and the natural environment into commodities. This ensures the destruction of both society and the natural environment. The ecosystem and human beings become objects whose worth is determined solely by the market. They are exploited until exhaustion or collapse occurs. A society that no longer recognizes that the natural world and life have a sacred dimension, an intrinsic value beyond monetary value, commits collective suicide. Such societies cannibalize themselves. This is what we are undergoing. Literally. [/font size]

And, predictably, the propaganda machine is already on the job, trying hard to pretend that helping Wall Street loot this nation into a husk is the unavoidable work of a good Democrat....

[hedda_foil]

20. Thanks, woo.

Works for me. And thanks,too, for the links. Chris Hedges is a bright light in the darkness.

[SomethingFishy]

29. Reminds me of Robocop..

"You'll see that we've gambled in markets usually regarded as nonprofit. Hospitals. Prisons. Space exploration. I say good business is where you find it. As you know we now have a contract to run local law enforcement..."

Funny how that used to be the "bad guy"...

[maxrandb]

7. That's one way to get Republicans to kill their own bill! n/t

[okaawhatever]

8. I can understand why. The only other option is to shut down the government and Obama

knows that will kill our chances in 2016. If we lose in 2016 and there is a Republican president much worse legislation will be passed and you can forget about Dodd-Frank entirely.
Sometimes you have to play the long game. At least if this budget passes and the sequestration ends the economy will improve and that will help us more in 2016. If we have a big enough win in 2016 we can undo the changes to Dodd-Frank.

[aspirant]

21. The repubs shut down the govt and won big in 2014

[okaawhatever]

22. Yes, and had they done it closer to the election I think it would have affected the outcome. The

polling for Repubs was pretty bad shortly after the shut down. Sadly, with our inept media it wasn't an issue at election time.

[aspirant]

25. This is 2014, elections are 2016

This is not close to the election, so based on your logic a shutdown now wouldn't affect the outcome either.

How would this "kill our chances in 2016" if the repubs did it closer to the 2014 elections than 2 years out with the same inept media?

GOVT SHUTDOWN; 10/1/2013

[fredamae]

27. I'm Not willing to Give the GOP

Any more on the Excuse that "we will be blamed"! I'm tired of a Timid Milk Toast Party Leadership that is So Self Absorbed in their Own importance!
We get tossed under the GD Bus every time!

It's time the Fkg Dems stopped Worrying so much over their chance of Winning Election and Do the Peoples Work as they are Hired to do!
They want to Assure a 2016 Win? Stand With The American People and they'll Not be beaten again for a Long time!

[woo me with science]

9. kick. This is important.

One more kick in the head to America.

[NCTraveler]

10. What is "cromnibus?" Thanks. nt.

[pinboy3niner]

16. Combo of "continuing resolution" (CR) and omnibus spending bill. nt

[NCTraveler]

18. Thank you. Read the whole article. Should have put it together. nt.

[polichick]

11. Obama always did like those bankers!

[jeff47]

13. Wonder if that's going to make Republicans vote against it.

After all, half of the Republicans would pass out if Obama came out in favor of breathing.

[fadedrose]

31. Good thinking

I love conspiratorial ideas. Wish I'd thought of it.

[KoKo]

14. President Obama should have never said that.

It encourages wavering Dems to give another hand out to Wall Street Banks and more money to flow from shadow sources with deep pockets into our Political Campaigns.

He just shot Dems in the foot unless they stand tall and listen to Senator Elizabeth Warren on the dangers of repealing the Dodd Frank provisions that would allow another Bank Bail out down the road and the cautions of allowing even more Citizen's United Decision interference in Elections.

Heard a Bloomberg Business News discussion on this today and one Wall Street Hedge Fund "Big Wig" who said that this was dangerous for the American people who will be on the hook when the banks start taking more risks and he hoped Obama would threaten to veto it.

[mahina]

15. Came here to find the bill number, was dialing my representative.

Now I see that the President as asking the house dems to pass it.


I understand we're in a mess, don't know what to do to help.

[pa28]

17. Now he's apparently twisting Pelosi's arm to whip "yes" votes.

Who needs Republicans when Democrats are supporting bank bailout provision written by Citi, legalized pension theft and Iraq war levels of military spending all of which were slipped into the bill.

Hopefully some Democrats in the Senate are willing to put the brakes on this crap. Sad sad day.

[Faux pas]

19. Kickin'

[Oilwellian]

23. This is just the beginning of a miserable next two years

I can't help but wonder if it's not purposeful sabotage of the Democratic party.

[RiverLover]

24. THIS is not what we voted for!! nt

[obnoxiousdrunk]

26. Does he still have the line item veto option ??

[fredamae]

28. No. n/t

[abelenkpe]

32. Hope not

[joshcryer]

33. So, basically nothing has changed.

The section of Dodd-Frank that has been taken out is one that prevented the government from bailing out derivative traders in the future if shit hit the fan. That is such an absurd piece of legislation because if there was to be a bailout, there would necessarily be legislation for that bailout, and therefore if there was a damn bailout the part of Dodd-Frank forbidding it would've been struck down anyway.

As far as campaign contributions, Oligarchy United and Citizens United already said there are no limits, so it's hardly controversial at all.

[Scuba]

39. Move along folks, nothing to see here.

[BootinUp]

34. This is just politics

Its far from clear to me what the bill that Obama finally signs will contain imho.

[liberal_at_heart]

35. Obama favoring banks over pensions? I'm shocked.

[woo me with science]

36. kick for corruption

[alcibiades_mystery]

37. Fuck this bill SHUT IT DOWN

[MisterP]

38. "crom" as in Crom Cruach? are we going into a wicker man?

http://en.wikipedia.org/wiki/Crom_Cruach

[woo me with science]

40. kick