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Savannahmann

(3,891 posts)
Thu Dec 11, 2014, 10:59 PM Dec 2014

Once again, I stand with President Obama on the Budget.

Yesterday, I angered a lot of people when I stood with President Obama. Today, I'm certain to do much of the same.

So what's in the so called Cromnibus bill? Some things we don't like. Some things the Republicans don't like. We get fully funded ACA, more money for early childhood development. EPA money got cut, but was still more than the Administration asked for. We got the Immigration funding for six months.

Does anyone realistically think we'll get a better deal next month when the Republicans take over the Senate? Does anyone think that the Republicans will be more willing to deal then?

We get almost a year of the ACA. We get six months of Immigration funded. We get a lot of things, a whole lot of things, and if we balk at this, the Republicans are just going to pass whatever they want and it will be ten times, a hundred times worse than we have it now.

I'm not happy about the things we don't want. I think it's risky to relax the rules on Wall Street. I think it's asinine to let more political funding go to the parties. But I think that as bad as those things are, losing the funding for the ACA would be way worse.

We lost the midterm election. We lost and next month the Republicans take over the Senate. We need to take what we can get and just swallow the things we don't like. Because if we don't take it now, we'll get it next month, and we definitely won't like it then.

There is a thing called Realpolitik. It means being practical, and it means being willing to accept that sometimes you don't get everything you want.

Because make no mistake, if the Government shuts down, it won't be the Republicans who get the blame, it will be us. We will get the blame, and we will be the ones who shut down the Government during the Holidays because we were poor losers in last months election. Believe me, the Republicans have their bullet points ready, talking about all the things in there that were just what the Democrats wanted.

We need to support the President, and get this done. Because I do not want to write off the next election already. I want us to fight, and win. But we can't do that if we have given the impression that we are nothing more than petulant children.

http://www.cnn.com/2014/12/10/politics/policy-riders-spending-bill/index.html?hpt=po_c1

We're getting immigration and full funding for the ACA. We're not losing as much as we would next month. It gives us until September to increase public pressure to maintain those funding needs.

It's not great, it's not even very good, but understanding Realpolitik, it's probably the best we can get.

135 replies = new reply since forum marked as read
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Once again, I stand with President Obama on the Budget. (Original Post) Savannahmann Dec 2014 OP
I don't know, the republicans acted worse than petulant children and they won Autumn Dec 2014 #1
This message was self-deleted by its author 1000words Dec 2014 #2
Unrec. Agschmid Dec 2014 #3
I don't! This budget is a devastating tragedy and I am disappointed in those who voted for it. hrmjustin Dec 2014 #4
+1. Agschmid Dec 2014 #6
You too my friend. hrmjustin Dec 2014 #7
You are so right Demsrule86 Dec 2014 #88
Spare me... onecaliberal Dec 2014 #5
+1 spot on & thank you. nt RiverLover Dec 2014 #14
It's like we're living in an alternate reality. onecaliberal Dec 2014 #15
I call it bizarro world ...nt MindMover Dec 2014 #53
Hey maybe they can eat and pay for their health care with realpolitik. So it's all good.... Or some Guy Whitey Corngood Dec 2014 #16
Who lost 40% of the 401(k) in one day? joeglow3 Dec 2014 #18
A LOT of people did in 08. onecaliberal Dec 2014 #21
Lol. Only if they sold and who would do such a thing? yeoman6987 Dec 2014 #25
You are wrong. onecaliberal Dec 2014 #29
Oh no he is right if you are already wealthy and can take the hit. Rex Dec 2014 #32
Oh really? I've been investing since 1987. yeoman6987 Dec 2014 #37
Are you going to share that cake you're letting everyone eat? Capt. Obvious Dec 2014 #73
He is talking about people that had their 401k stocks become worthless Rex Dec 2014 #30
Yes you can wait. Why sell at 1/2 of what it is worth? yeoman6987 Dec 2014 #39
Said like someone that has never had to live off of a modest income. Rex Dec 2014 #41
From 18-22 I was poor. Got the degree and off to the races yeoman6987 Dec 2014 #44
Just like majority lol! Rex Dec 2014 #45
Bwahaha. I'd laugh if it were funny. progressoid Dec 2014 #114
And? What? yeoman6987 Dec 2014 #117
And your personal experience is not evidence. progressoid Dec 2014 #121
Sometimes stocks crash and burn Art_from_Ark Dec 2014 #83
Your class-privilaged cluelessness is disgusting. Odin2005 Dec 2014 #103
Oh sure. Because I went without in order to save for yeoman6987 Dec 2014 #107
I bet you think people can just borrow from their parents to start a business, too... Odin2005 Dec 2014 #108
Your post is way off. Oh well no convincing you to save. yeoman6987 Dec 2014 #109
IF YOU ARE LIVING FROM PAYCKECK YOU PAYCHECK YOU CAN'T SAVE SHIT. Odin2005 Dec 2014 #112
Blaming? You do like to exaggerate. yeoman6987 Dec 2014 #116
You're. Odin2005 Dec 2014 #120
Thanks! Have a great weekend! yeoman6987 Dec 2014 #125
When you lose your job and you don't have income any more, but you still have bills Erich Bloodaxe BSN Dec 2014 #105
When you lose a chunk of it LiberalElite Dec 2014 #34
I live in reality. I talk to retires everyday and yeoman6987 Dec 2014 #42
You're in someone's reality nt LiberalElite Dec 2014 #43
No kidding! Rex Dec 2014 #47
This message was self-deleted by its author MFrohike Dec 2014 #61
If no one was selling when the stock market falls then it wouldn't fall Fumesucker Dec 2014 #77
I do not believe you are a Democrat. Kingofalldems Dec 2014 #134
Who is that close to retirement and leaves it all in equities joeglow3 Dec 2014 #57
This. Dawgs Dec 2014 #67
You're clueless on this. They don't "still have it invested". They had to live on it!!!! Scuba Dec 2014 #72
So, they had money they needed to live on on a few years in equities joeglow3 Dec 2014 #74
401K's and TSA's are investments owned by working people, not stock market mavens. Scuba Dec 2014 #76
Honestly, this isn't rocket science here joeglow3 Dec 2014 #82
You're either incredibly naive or without credibility. Scuba Dec 2014 #84
Yeah. Don't overinvest in equities when retirement is near joeglow3 Dec 2014 #85
I guess I'll go with "without credibility". Scuba Dec 2014 #89
And I'll go with making my money back plus 50% joeglow3 Dec 2014 #94
Wow, if only everyone was financially secure enough to do so. moriah Dec 2014 #127
What day in 2008 did the market tank 40%? joeglow3 Dec 2014 #58
A-fucking-men truebrit71 Dec 2014 #31
+1000000 liberal_at_heart Dec 2014 #36
+a million! SammyWinstonJack Dec 2014 #60
Yes, I'm tire of the political gamesmanship deutsey Dec 2014 #71
How does it benefit you? It doesn't onecaliberal Dec 2014 #90
Exactly deutsey Dec 2014 #92
Sadly, I'm giving up hope as well onecaliberal Dec 2014 #93
Me three. n/t 2naSalit Dec 2014 #132
Bingo! The 1% wants you to "invest" your retirement on Wall Street so they can STEAL IT. Odin2005 Dec 2014 #100
Please explain. n/t taught_me_patience Dec 2014 #130
No one lost 40% of their 401k in a single day karynnj Dec 2014 #115
but the republicans have their bullet points ready! d_b Dec 2014 #129
The bill allowing some (not all) derivatives to stay in gov't backed accounts also included okaawhatever Dec 2014 #8
Fuck the SEC...as useful as a kickstand on a jackass... truebrit71 Dec 2014 #33
That so make me laugh, thanks for the chuckle onecaliberal Dec 2014 #40
ACA? Immigration? There will be no economy, period, if the banks go balls up again alcibiades_mystery Dec 2014 #9
I couldn't agree more, FoxNewsSucks Dec 2014 #13
^^^^^That onecaliberal Dec 2014 #23
Sheila Bair was meh on the deal. geek tragedy Dec 2014 #52
Because the recession was so much fucking fun the first time around NuclearDem Dec 2014 #10
The last one was just a dress rehearsal, the next one will be a show stopper!!! Autumn Dec 2014 #12
It will make 1930 look like an economic Golden Age Art_from_Ark Dec 2014 #27
Anyone who thinks republicons FoxNewsSucks Dec 2014 #11
Yep, that's how the scam goes. *Temporary* funding for something you already have, Marr Dec 2014 #22
I don't. SamKnause Dec 2014 #17
It must be nice living with the delusion that getting sold out again is a good thing. hobbit709 Dec 2014 #19
puke PowerToThePeople Dec 2014 #20
Please sir, may I have another? postulater Dec 2014 #24
how many millions of jobs were lost in 2008? How many American workers got a bailout in 2008? liberal_at_heart Dec 2014 #26
Its the cost of Republicans in office treestar Dec 2014 #28
Yeah I see a lot of people happy with the fact that their is no limit for rich people to buy Rex Dec 2014 #35
Immigration, eh? Then please explain Luis Gutierrez's "NO" vote, bullwinkle428 Dec 2014 #38
+ 1 no way he would screw most of his constituents ( not many ,1%ers in his dist) lunasun Dec 2014 #50
really Rocky888 Dec 2014 #46
Loyalty above all!! sadoldgirl Dec 2014 #48
I guess some people want to go down with the sinking ship. liberal_at_heart Dec 2014 #49
You don't know that poster's history apparently. nt geek tragedy Dec 2014 #54
No kidding BeyondGeography Dec 2014 #126
Stunned to find myself in agreement. geek tragedy Dec 2014 #51
FFS, blind support is not a good trait! Nt Logical Dec 2014 #55
It looks like rolling back the Dodd-Frank push-out rule won't make much difference: ucrdem Dec 2014 #56
Riiiiggggghhhttttt LondonReign2 Dec 2014 #133
How very reasonable. Jakes Progress Dec 2014 #59
gawd Skittles Dec 2014 #62
I 100% agree with you, although was initially totally confused when I heard the President lamp_shade Dec 2014 #63
God, I love the smell of extortion. GeorgeGist Dec 2014 #64
This is a true Third Way Dem. Mouthing BS while the country gets flushed. Katashi_itto Dec 2014 #65
OK, how good of a deal do you think we'll get in January? Savannahmann Dec 2014 #66
Look 3rd way, You don't think this "temp" spending bill won't be followed by worse anyway? Katashi_itto Dec 2014 #68
Yeah. Shut down the government. That worked for republicans. joeglow3 Dec 2014 #75
It did work for them. PeteSelman Dec 2014 #91
I have to agree with you Andy823 Dec 2014 #122
There are times to stand on principle. Savannahmann Dec 2014 #124
Not only that, they'd be writing the bill after the MSM turned the holidays into an Obama crapfest BeyondGeography Dec 2014 #128
Here is what you .. sendero Dec 2014 #69
+10000 Katashi_itto Dec 2014 #70
The Dems are always willing to bail out the too big to fail Republican party myrna minx Dec 2014 #78
A cyncial person.. sendero Dec 2014 #81
GOP Bill For Dem/GOP Corp Representatives fredamae Dec 2014 #79
If whatever we got is always the best we could possibly have expected to get, merrily Dec 2014 #80
The problem is that Progressives/Liberals are looking for a game winning hail Mary pass. Savannahmann Dec 2014 #97
I am a traditional Dem, not a liberal, but I don't agree AT ALL with your diagnosis of the problem. merrily Dec 2014 #99
Unrec. truebluegreen Dec 2014 #86
Every one has a right to their opinion Demsrule86 Dec 2014 #87
They can do it next year anyway zipplewrath Dec 2014 #95
This process is always a game of chicken and Obama is always the first to blink... joeybee12 Dec 2014 #96
Or maybe he figured it out before we ever knew he was running for Prez. merrily Dec 2014 #101
Could have... joeybee12 Dec 2014 #102
I never say "It can't get worse." merrily Dec 2014 #113
I shjould specigy any Dem would be better joeybee12 Dec 2014 #118
Oh look, another "serious people" talk about why the Dems HAVE to suck up to the 1%. Odin2005 Dec 2014 #98
Fine with me. Savannahmann Dec 2014 #104
If the 1% wants it they will get it, anyway. Odin2005 Dec 2014 #106
You get what you settle for. Brigid Dec 2014 #110
"Once again, I stand with President Obama on a mound of horseshit" whatchamacallit Dec 2014 #111
You support this sop to the megabanks? LittleBlue Dec 2014 #119
I stand with funding the ACA Savannahmann Dec 2014 #123
POTUS has told voters OVER AND OVER not to give the keys back to the GOP. CakeGrrl Dec 2014 #131
Wake up people! o1o Dec 2014 #135

Autumn

(45,057 posts)
1. I don't know, the republicans acted worse than petulant children and they won
Thu Dec 11, 2014, 11:04 PM
Dec 2014

in the last election. Unless you think that the way for democrats to win is to demoralize the little people democrats.

Response to Savannahmann (Original post)

onecaliberal

(32,826 posts)
5. Spare me...
Thu Dec 11, 2014, 11:08 PM
Dec 2014

Tell that to people who worked their entire lives only to have bankers rip off their retirement. To those who lost 40% of 401k in a single day. Those who can't afford the 5,000 deductible that let's them use the fucking healthcare they have to buy. The campaign contributions will ensure this stupid bullshit is all we ever get because it buys them the pen that writes this legislation that screws 99% of people.
I could go on but my head is about to explode. You can think republicans getting 95% of what they want all the time is good but I live in reality where it's a bunch of epic fucking bullshit that I'm sick of.
You need a reality check!

Guy Whitey Corngood

(26,500 posts)
16. Hey maybe they can eat and pay for their health care with realpolitik. So it's all good.... Or some
Thu Dec 11, 2014, 11:19 PM
Dec 2014

shit like that.

 

yeoman6987

(14,449 posts)
25. Lol. Only if they sold and who would do such a thing?
Thu Dec 11, 2014, 11:59 PM
Dec 2014

Nobody. If they still have it invested they have it back and more. That is how people become comfortable in retirement. You buy more when the stock market goes down. You don't sell and any who did needs a financial lesson ASAP.

 

Rex

(65,616 posts)
32. Oh no he is right if you are already wealthy and can take the hit.
Fri Dec 12, 2014, 12:03 AM
Dec 2014

Ride out the market. So yeah if he is talking about wealthy people he is right on the money.

 

yeoman6987

(14,449 posts)
37. Oh really? I've been investing since 1987.
Fri Dec 12, 2014, 12:08 AM
Dec 2014

And I NEVER sell stock when the stock market falls.....I buy. That is VERY common knowledge.

 

Rex

(65,616 posts)
30. He is talking about people that had their 401k stocks become worthless
Fri Dec 12, 2014, 12:02 AM
Dec 2014

and therefore lost a lot of money. Might be okay if you are wealthy already, but for a working class salary they cannot just simply sit and wait like the rich guy for the stock to go back up. But you knew that already.

 

yeoman6987

(14,449 posts)
39. Yes you can wait. Why sell at 1/2 of what it is worth?
Fri Dec 12, 2014, 12:10 AM
Dec 2014

Nobody does that. That would be financial suicide and nobody who invests would do that. You wait it out. Look simply 6 years later they would be sitting pretty.

 

Rex

(65,616 posts)
41. Said like someone that has never had to live off of a modest income.
Fri Dec 12, 2014, 12:11 AM
Dec 2014

Nevermind I see the point is lost on you totally.

progressoid

(49,983 posts)
114. Bwahaha. I'd laugh if it were funny.
Fri Dec 12, 2014, 01:15 PM
Dec 2014
76% of Americans are living paycheck-to-paycheck

Roughly three-quarters of Americans are living paycheck-to-paycheck, with little to no emergency savings, according to a survey released by Bankrate.com Monday.

Fewer than one in four Americans have enough money in their savings account to cover at least six months of expenses, enough to help cushion the blow of a job loss, medical emergency or some other unexpected event, according to the survey of 1,000 adults. Meanwhile, 50% of those surveyed have less than a three-month cushion and 27% had no savings at all.

http://money.cnn.com/2013/06/24/pf/emergency-savings/


Stock Market Surge Bypasses Most Americans, Poll Shows

More than three-quarters of Americans say the five-year bull market in U.S. stocks has had little or no effect on their financial well-being, according to a Bloomberg National Poll.

Seventy-seven percent of respondents dismissed the 176 percent rise in the Standard & Poor’s 500 Index (SPX) since its March 9, 2009 financial crisis low, according to the poll, taken March 7-10. Barely one in five -- 21 percent -- said the market’s gains have made them “feel more financially” secure.
...

The poll’s findings reflect the concentration of financial assets among better-off Americans. Only about half of Americans own stock, either directly or through retirement accounts, according to the Fed’s 2010 Survey of Consumer Finances.

http://www.bloomberg.com/news/2014-03-12/stock-market-surge-bypasses-most-americans-poll-shows.html


Roughly 36 percent of working-age survey respondents said they have less than $1,000 in savings and personal retirement investments, and 60 percent reported having less than $25,000 saved. The numbers are similar among retirees surveyed: 58 percent have less than $25,000 on hand, and 29 percent have less than $1,000 saved.

http://thinkprogress.org/economy/2014/03/20/3416808/retirement-savings-survey/


Study: 401(k) retirement plans failing most workers
The report from the Economic Policy Institute, a liberal-leaning public policy think-tank, illustrates how the shift from pensions to individual savings accounts has affected retirees. The authors find that it is the wealthiest workers whoare benefiting the most because they can actually contribute enough to make 401(k) plans work for retirement.
"401(k)s were never designed to replace pensions for most workers. They serve primarily as a tax shelter for high earners," said economist Monique Morrissey, the report's co-author, in a statement. "The 401(k) revolution has been a disaster, yet some policymakers are calling for cuts to Social Security, which will be the only significant source of retirement income for most Americans--if they are able to retire in the first place."

The report also found:

Households earning in the top fifth accounted for 72 percent of total savings in retirement accounts in 2010 and were the only income group that had more than their annual income saved in these accounts.

Participation in defined-benefit pensions by workers from 25 to 61 years old declined over the past decade, from 52 percent in 2000 to 45 percent in 2010.

For single people, black and Hispanic households and those headed by someone without a college degree, the median household has no savings in retirement accounts.

On average, white households have more than six times as much saved in retirement accounts as Hispanic or black households.
http://www.cbsnews.com/news/study-401k-retirement-plans-failing-most-workers/

Art_from_Ark

(27,247 posts)
83. Sometimes stocks crash and burn
Fri Dec 12, 2014, 10:33 AM
Dec 2014

and it's best to desert a sinking ship before it completely goes under.

That includes most '90s tech stocks (including Sun Microsystems and Netscape), Woolworths, Montgomery Ward, Sunbeam, TWA, and all sorts of other stocks that have faded away.

 

yeoman6987

(14,449 posts)
107. Oh sure. Because I went without in order to save for
Fri Dec 12, 2014, 12:49 PM
Dec 2014

The future I am so privileged. You need a different script. It's wrong.

Odin2005

(53,521 posts)
108. I bet you think people can just borrow from their parents to start a business, too...
Fri Dec 12, 2014, 12:53 PM
Dec 2014

eh, Mittens?

The working class "goes without" almost every single day of our lives and still never have enough to save.

 

yeoman6987

(14,449 posts)
109. Your post is way off. Oh well no convincing you to save.
Fri Dec 12, 2014, 12:57 PM
Dec 2014

I hope you are saving. That is my point. If not......well I am speechless.

Odin2005

(53,521 posts)
112. IF YOU ARE LIVING FROM PAYCKECK YOU PAYCHECK YOU CAN'T SAVE SHIT.
Fri Dec 12, 2014, 01:01 PM
Dec 2014

My God, you sound like a Republican blaming poor people for being poor.

Erich Bloodaxe BSN

(14,733 posts)
105. When you lose your job and you don't have income any more, but you still have bills
Fri Dec 12, 2014, 12:12 PM
Dec 2014

yeah, you sell no matter what the market is doing, because you've still got to pay the bills.

And a lot of people tend to lose their jobs at roughly the same time markets tank. I did.

Call it 'financial suicide' if you want, but most of us just call it doing what we have to to pay the bills.

How do you 'wait it out' when you have no income, and you're not simply wealthy enough not to have to work?

LiberalElite

(14,691 posts)
34. When you lose a chunk of it
Fri Dec 12, 2014, 12:05 AM
Dec 2014

when you're within a year or two of retirement you don't have time to make it up so spare me the smugness.

 

yeoman6987

(14,449 posts)
42. I live in reality. I talk to retires everyday and
Fri Dec 12, 2014, 12:12 AM
Dec 2014

They did EXACTLY what I said they would do. Nobody sells when the stock market falls. Nobody!!!! Within 2 years of retiring is not a problem.....heck out stock market was already back not long after 2008.

Response to yeoman6987 (Reply #42)

 

joeglow3

(6,228 posts)
57. Who is that close to retirement and leaves it all in equities
Fri Dec 12, 2014, 01:01 AM
Dec 2014

This is why we need mandatory savings classes for people.

 

Dawgs

(14,755 posts)
67. This.
Fri Dec 12, 2014, 08:27 AM
Dec 2014

I think what we're seeing in this thread is what I saw with friends and co-workers. After the 2008 crash, many decided that 401k's didn't work and decided to bail.

Now, they don't like being told they were dumb.

 

Scuba

(53,475 posts)
72. You're clueless on this. They don't "still have it invested". They had to live on it!!!!
Fri Dec 12, 2014, 09:23 AM
Dec 2014

And they had to live on 40% less than before the banksters stole most of it.

 

joeglow3

(6,228 posts)
74. So, they had money they needed to live on on a few years in equities
Fri Dec 12, 2014, 10:00 AM
Dec 2014

Like I said above, why would people who clearly know nothing about investing put their entire nest egg in something they know nothing about?

 

Scuba

(53,475 posts)
76. 401K's and TSA's are investments owned by working people, not stock market mavens.
Fri Dec 12, 2014, 10:06 AM
Dec 2014

This is why I'm so adamantly opposed to privatizing Social Security.

 

joeglow3

(6,228 posts)
82. Honestly, this isn't rocket science here
Fri Dec 12, 2014, 10:26 AM
Dec 2014

People will spend spend five extra minutes driving to the gas station with the cheapest gas, but won't spend half an hour reading about basics of saving for retirement.

 

joeglow3

(6,228 posts)
94. And I'll go with making my money back plus 50%
Fri Dec 12, 2014, 11:21 AM
Dec 2014

All for following basic advice taught in 5 minutes.

moriah

(8,311 posts)
127. Wow, if only everyone was financially secure enough to do so.
Fri Dec 12, 2014, 02:23 PM
Dec 2014

Instead of being unemployed and having to live on that 40% reduced 401k. Guess they really need financial lessons.

deutsey

(20,166 posts)
71. Yes, I'm tire of the political gamesmanship
Fri Dec 12, 2014, 09:15 AM
Dec 2014

Oooo, we scored a point with a vote! Yippie!



How does it translate into benefiting me and other working people struggling to make ends meet?

onecaliberal

(32,826 posts)
90. How does it benefit you? It doesn't
Fri Dec 12, 2014, 10:56 AM
Dec 2014

It directly works to royally screw you and your friends and family

deutsey

(20,166 posts)
92. Exactly
Fri Dec 12, 2014, 11:02 AM
Dec 2014

And I've seen this crap become so ingrained in the political/economic system since the '80s, I don't believe I'll see any significant improvement in my lifetime.

Odin2005

(53,521 posts)
100. Bingo! The 1% wants you to "invest" your retirement on Wall Street so they can STEAL IT.
Fri Dec 12, 2014, 12:02 PM
Dec 2014

The Stock Market is nothing but a huge engine used by the 1% to extract wealth from 99%ers who invest.

karynnj

(59,501 posts)
115. No one lost 40% of their 401k in a single day
Fri Dec 12, 2014, 01:32 PM
Dec 2014

In fact, if they were not drawing from the IRA, they likely lost nothing ---as it slowly edged back to where it was over the next year or two.

The REAL problem was that it nearly took the economy - the real main street economy - over the cliff with the financial market. Many businesses need to borrow because cash flow does not match when they have costs. The biggest problem in 2008 was that without these routine loans many small businesses risked failing.

I am not disagreeing that this safeguard needs to be kept - and more added. The point I am making is that it not just the investments of everyone - including 401ks, but the entire economy that is risked. It is a much bigger problem - likely felt just as much or more by people with no money to contribute to 401ks.

okaawhatever

(9,461 posts)
8. The bill allowing some (not all) derivatives to stay in gov't backed accounts also included
Thu Dec 11, 2014, 11:12 PM
Dec 2014

additional money for oversight/enforcement with the SEC and the agency that oversees bonds (or something similar, I can't remember exactly) so that may be worth it. I figure if we can catch some crooks in the meantime and then overturn the bill after the 2016 elections it may be a winner for the American people. The chances of a default in the next two years is almost zero.

As to the campaign contributions, I don't like that but since people can donate unlimited amounts to 503 (c)(4) orgs I don't kinow how much it will really hurt. In fact, I'll have to learn more about that.

I think the most important thing is that there is a lot of good and the increased government spending will help the economy and let's face it, it will be the economy that helps the Dems win in 2016. If the economy is turned around people will be much more likely to repeat a Dem president. Like Clinton said, "It's the economy, stupid".

 

alcibiades_mystery

(36,437 posts)
9. ACA? Immigration? There will be no economy, period, if the banks go balls up again
Thu Dec 11, 2014, 11:14 PM
Dec 2014

We just opened the door to complete destruction of everything for six months of immigration?

Dodd Frank separation of risky derivative trading from federally insured deposits is the same as a safeguard against nuclear attack. That's not hyperbole. That's REAL POLITICAL ECONOMY. We just gave away the fucking store - our children's future - for half a year of ACA?

This bill was fucking despicable and dangerous beyond description, and your post is profoundly fucking stupid.

FoxNewsSucks

(10,429 posts)
13. I couldn't agree more,
Thu Dec 11, 2014, 11:16 PM
Dec 2014

and once the speculators get back to business we can kiss reasonable gas prices good-bye.

 

geek tragedy

(68,868 posts)
52. Sheila Bair was meh on the deal.
Fri Dec 12, 2014, 12:34 AM
Dec 2014

Losing elections sucks.

Sometimes a shit sandwich is the best item on the menu.

Republican leverage increase next year. They've removed most of their leverage for the next year by punting on spending.

Now if they play hardball it will be in late 2015 as the kickoff to the Presidential campaign. Which will put a damper on their kamikaze caucus.

FoxNewsSucks

(10,429 posts)
11. Anyone who thinks republicons
Thu Dec 11, 2014, 11:15 PM
Dec 2014

won't immediately remove what little Democrats "got" are delusional.

Obviously, no one remembers how the temporary unemployment extension trade off for tax cuts worked.

Immigration funding in trade for putting us all on the hook to socialize wall streets' losses???? Really??? Which one expires in 6 months?

We got sold out. Again.

 

Marr

(20,317 posts)
22. Yep, that's how the scam goes. *Temporary* funding for something you already have,
Thu Dec 11, 2014, 11:54 PM
Dec 2014

in exchange for a *permanent* giveaway to the 1%. They keep repeating it over and over.

SamKnause

(13,091 posts)
17. I don't.
Thu Dec 11, 2014, 11:20 PM
Dec 2014

I don't stand with anyone who protects Wall Street.

Remember your support at the next bail out, or maybe even a bail in.

liberal_at_heart

(12,081 posts)
26. how many millions of jobs were lost in 2008? How many American workers got a bailout in 2008?
Fri Dec 12, 2014, 12:00 AM
Dec 2014

How many banks got a bailout in 2008? They have just authorized to do it all over again. Bring the economy to its knees, lose millions of jobs for American workers and give the money to the banks. The banks get the promise of more money and American workers have their pensions cut. Not to mention they solidified this country as an oligarchy where only the richest have a say in the government. No, there is nothing good about passing this bill. It is way passed time to take a stand. We must take a stand. We are losing everything. Wake up. It is happening before our very eyes. We are losing everything.

 

Rex

(65,616 posts)
35. Yeah I see a lot of people happy with the fact that their is no limit for rich people to buy
Fri Dec 12, 2014, 12:06 AM
Dec 2014

there own politician now for office. I guess after the SCOTUS decision, this was inevitable.

bullwinkle428

(20,629 posts)
38. Immigration, eh? Then please explain Luis Gutierrez's "NO" vote,
Fri Dec 12, 2014, 12:09 AM
Dec 2014

considering he's been the point man for immigration reform in the House!

lunasun

(21,646 posts)
50. + 1 no way he would screw most of his constituents ( not many ,1%ers in his dist)
Fri Dec 12, 2014, 12:24 AM
Dec 2014

For 6 mos carrot on a stick

Rocky888

(297 posts)
46. really
Fri Dec 12, 2014, 12:16 AM
Dec 2014

My husband's pension was handed to Wall Street by Rick Scott, like many state pension plans. This gives them a green light to gamble it right into their offshore accounts with the money they stole in 2007! I don't think all this is a coincidence!

sadoldgirl

(3,431 posts)
48. Loyalty above all!!
Fri Dec 12, 2014, 12:22 AM
Dec 2014

What a crock! If your President deserts you in several important
ways, aahh just stick with him anyway.

I think that you can do that, if you are kind of wealthy?

It is stupid to think of another crash, because you may not
be effected. Congrats!

LondonReign2

(5,213 posts)
133. Riiiiggggghhhttttt
Fri Dec 12, 2014, 02:50 PM
Dec 2014

That's why Jamie Dimon was personally making phone calls, because it won't make much difference.

Jakes Progress

(11,122 posts)
59. How very reasonable.
Fri Dec 12, 2014, 01:17 AM
Dec 2014

Not noble. Not compassionate. Not sensible. Not progressive. Not for people rather than corporations.

But very reasonable.

lamp_shade

(14,828 posts)
63. I 100% agree with you, although was initially totally confused when I heard the President
Fri Dec 12, 2014, 05:49 AM
Dec 2014

was lobbying congress for a yes vote. Now I understand why and it all makes sense.
Thanks for posting this.

P.S. I must admit though that I kind of selfishly anticipated the explosive reaction if the house had voted no.

 

Katashi_itto

(10,175 posts)
65. This is a true Third Way Dem. Mouthing BS while the country gets flushed.
Fri Dec 12, 2014, 08:01 AM
Dec 2014

All the while telling us how pragmatic it is too while we get screwed.

 

Savannahmann

(3,891 posts)
66. OK, how good of a deal do you think we'll get in January?
Fri Dec 12, 2014, 08:24 AM
Dec 2014

Do you think we'll get a fully funded ACA? Do you think Immigration will be fully funded? How about early childcare/education programs? Do you really think that they'll fully fund that too?

Right now we hold enough cards to get a lot of what we want. January, we hold even fewer cards, in fact, we hold only one. How much fighting do you think an unpopular President entering the lame duck portion of his administration is going to do? When people are starving because SNAP (Food Stamps) hasn't been funded? When people are entering homelessness because Social Security and Welfare are not funded? Do you really think we can get a better deal then?

Realpolitik means we deal with the reality we're in. Now, you can fight for gains, but you have to realize that those gains are going to be smaller. In this case, you fight for the most important thing, feeding the people, housing the people, taking care of their health, and helping the people the best you can.

Or you watch as everything is destroyed. Because if this deal doesn't go through, the Republicans won't negotiate when January comes around, they'll just pass it and leave town, and if the President Veto's it, oh well, it will take a couple days to get everyone back before the negotiations can begin. Perhaps we should take this up next week, because we don't have a quorum right now to bring the Congress back in session.

How much do we stand to lose then?

So tell the starving that they don't need food because you want to make sure that the rich don't get to donate to political campaigns. Tell the single mother that her kids are about to be homeless because you demand that the EPA put water restrictions on farmers who are growing the food they eat. Tell the elderly woman who counts her pennies every month to make it to the next social security check that it's way more important that the IRS be able to target groups based upon their political ideology than it is that she eat. Tell the struggling family that they don't need their health insurance after the ACA collapses from being underfunded.

When we get done shitting on the poor, the people who struggle daily to just survive, we can then tell them to vote for us because we'll fight for... Something, but obviously not them.

Then the Republicans will have the White House as well as both houses of Congress as we start this crap over again looking forward to 2017. That's a great plan, we're an ideologically pure and totally dedicated minority party viewed by the people as a bunch of petulant children. Is that how your plan works? Because that's how it will work out.

 

Katashi_itto

(10,175 posts)
68. Look 3rd way, You don't think this "temp" spending bill won't be followed by worse anyway?
Fri Dec 12, 2014, 08:35 AM
Dec 2014

Quote you "Then the Republicans will have the White House as well as both houses of Congress as we start this crap over again looking forward to 2017."

Yeah so lets give them this and then they shit over us all again anyway.

You think they won't use the poor and starve them either way?

The short sighted stupidity of this post is so...3rd way.

Give away the store for nothing, because in reality 3rd Wayers are really Republicans anyway.

PeteSelman

(1,508 posts)
91. It did work for them.
Fri Dec 12, 2014, 10:59 AM
Dec 2014

No one cared at all by November. They win, they always win, even when "we" win they win.

Andy823

(11,495 posts)
122. I have to agree with you
Fri Dec 12, 2014, 01:49 PM
Dec 2014

I know we haven't agreed on most things, but this time you are right, and I will admit it. Why some don't see just how much worse the bill would have been after the first of the year, is beyond me. If people think "this" bill was bad, and it was, they would go ballistic if we had waited and let the republicans write a new bill in the new year.

People just can't understand the reality of things I guess, and I see where you are now being called a "3rd way" democrat by some simply because you disagree with them. Welcome to the club.

 

Savannahmann

(3,891 posts)
124. There are times to stand on principle.
Fri Dec 12, 2014, 02:08 PM
Dec 2014

Single issue legislation, or even departmental legislation is fine. Speeches and position papers, great. As an example, let's say you think the CIA torture is totally wrong. I do as a matter of fact. But then a bill to fund the CIA would be the best place to raise those concerns. Voting against that would be commendable.

However, voting against the Wall Street/Campaign Finance sops to the RW are fine, if that was all that was in there. Everything else is in there too. By voting against the Wall Street/Campaign Finance Sops you're voting against funding SNAP, Welfare, Social Security, SSI Disability, and none of the people who depend on those programs can afford a shut down of the Government with their benefits in doubt. Christmas is going to be tough enough for them without this nonsense too.

The less than batshit crazy Republicans offended their RW with this, and if we can't deliver the votes, they have to go back to the RW to get the votes there. That means no ACA funding, or severely reduced at best. That means the Immigration money is gone, and it means reductions in other things that we care about.

Now, we can stand on principle and demand that those things be taken out before we vote for it. If we do that, we lose the deal. Then the Republicans shrug and pass one that they want. The House sends it to the Senate, and leaves town thus making it a take it or leave it deal for the President and the Senate. The Senate still controlled by Democrats for the next couple weeks, says fuck it we're not going to take it. We'll show you.

In the end, who suffers? The Wall Street types? Nope, they'll get their adjustments later, and they know they will. The Campaign Finance bundlers? No, they'll keep pumping millions instead of tens of thousands into the groups like American Crossroads and all that crap. Who suffers? The poorest among us. The ones most desperately in need. Then in January, the New Congress gets sworn in, McConnell decides to bomb the crap out of the Senate with the Nuclear Option because Democrats won't compromise as proven under the Cromnibus bill, and we're left sputtering in ineffective rage about how unfair it is. Oh we'll vote no, and perhaps the President will veto it. But then again, perhaps not since he can't count on the Democrats in the Congress to back his plays to get better deals in a bi-partisan fashion. If you can't trust the support of your allies, then work to get what you can out of your enemies.

I've never seen so many fools who think that you can win, by destroying everything. I've heard of Pyrrhic Victories but this is something else. This is we lost so fuck you burn the entire thing down.

BeyondGeography

(39,369 posts)
128. Not only that, they'd be writing the bill after the MSM turned the holidays into an Obama crapfest
Fri Dec 12, 2014, 02:26 PM
Dec 2014

The shutdown would have been on him, especially coming on the heels of the EO on immigration. The Republicans would have said he is in denial about the midterms and it would have worked.

The President has the sequencing on this right. The Republicans will overreach and he will live to fight another day.

sendero

(28,552 posts)
69. Here is what you ..
Fri Dec 12, 2014, 08:43 AM
Dec 2014

... and people with your mindset don't get.

Ok, would the Republicans have done this anyway? Probably. But then it would be a REPUBLICAN failure when it blows up as it definitely will.

Now, it is a "bi-partisan" failure. Do you GET THAT?

myrna minx

(22,772 posts)
78. The Dems are always willing to bail out the too big to fail Republican party
Fri Dec 12, 2014, 10:11 AM
Dec 2014

and then get saddled with the blame for the horrible policy decisions - it's maddening!

sendero

(28,552 posts)
81. A cyncial person..
Fri Dec 12, 2014, 10:19 AM
Dec 2014

.... would surmise that they (Dems and Reps) basically work for the same owners. Judging by their actions on almost everything having to do with business, banking, regulation of same.

A cynical person.

fredamae

(4,458 posts)
79. GOP Bill For Dem/GOP Corp Representatives
Fri Dec 12, 2014, 10:15 AM
Dec 2014

Endorsed and Agreed to by 57 "dems" and a "dem" POTUS.

It is what it is, there is zero "common sense rationalization" for turning this into "We had NO Choice" bs--Again!
They have a Choice and clearly they Made it-They sided with Wall Street, Kochs et al-Period.

There is, imo-Zero justification for tossing Retirees, Native Americans, All Tax Payers, DC Voters and Much, Much More In The GD Garbage.

merrily

(45,251 posts)
80. If whatever we got is always the best we could possibly have expected to get,
Fri Dec 12, 2014, 10:18 AM
Dec 2014

we may as well just go to the banks en masse and hand them whatever is left of our assets.

In 2008, we had an overwhelming majority in the House, sixty in the Senate Caucus and the Oval Office, all at one time. Yet, supposedly, we could not get done what we wanted.

Let's assume, just for the sake of discussion, that that is the truth. Given (1) how divided the nation is, (2) that the Party obviously believes it should back conservative Democrats, and (3) super majority rules:

When, in your lifetime (or your kids and grandkids) do you realistically believe that we will have supermajorities of leftists in the House and Senate and the White House all at one time?

 

Savannahmann

(3,891 posts)
97. The problem is that Progressives/Liberals are looking for a game winning hail Mary pass.
Fri Dec 12, 2014, 11:57 AM
Dec 2014

You know the ones in the most exciting football games. The Quarterback throws the ball the length of the field, the Receiver is sprinting to get under it, he catches it and wins the game with that awesome play.

Truth is, that Politics and Football are similar in that it's a game of short gains. If you take the short gains, and you then set and push a little further, a little more, you get another small gain. Eventually you'll find yourself close enough to the end zone to score a win.

On Defense, you try to keep the opposing team from getting enough gains that they can score.

In this case, we got a lot more than we will next month. By opposing it, we lose the debate entirely. By trying to shut the Government down less than two weeks before Christmas we appear to be everything that the RW press paints us to be. Worse, since the legislation was negotiated with Democrats including the White House, the Republicans look Bi-Partisan and willing to negotiate. Obviously having the Republicans look reasonable and willing to make a deal that they aren't happy with either is good for us, or something.

Because here is what the regular people are saying. The best economic recovery in a hundred years or whatever the claim is this week, can't be that good if one regulation is all that is keeping the nation out of another recession. Who gives a damn about political donations. The Midterm election was the most expensive in history, and had the lowest turnout since World War II. So spending all that money didn't do shit to GOTV.

So the mega rich pump more money into campaigns. It didn't help the Republicans in 2008 or 2012. It didn't help them save the House in 2006. Issues and the ability to hear what people are saying and to move to represent those views is what wins elections.

Republicans are making a mistake with this. Several, but not what everyone is focusing on. 51% of the people support decriminalization of Marijuana. Washington DC voted to decriminalize Marijuana. The Republicans have attached a rider that doesn't allow DC to do what the people voted for. That tin eared approach will hurt them in the next election. A lot more than us if we just give enough votes to get it to pass. Just enough.

The only place where Decriminalization failed was Florida when it's been on the ballot. Before you think that this makes a difference to me personally, nope. Because I am one of those who is deathly allergic to it. I'm talking extremely allergic, as in I risk my life if I ever touch the stuff again, which would be the second time.

However, I read the polls, and I want to push the football down the field, and I know that the way to do so is not to take unpopular stands on a lot of issues. If you are going to take one unpopular stand, you have to take a dozen popular ones to counter it. It's the old truth, one aw shit moment can destroy a thousand atta boys.

We can't get a Hail Mary pass to work. We aren't going to win the game with one brilliant play. We're going to win if we stay smart, stay focused, and listen to the people. If we are doing what the people want the ad buys of the Rich and shameless don't matter. We will have the support of the people, and they will come out and vote for us. If we tell them tough shit, Christmas is on hold. We're not going to allow the uber rich to give three times the money they can give now to their candidates, and we don't care if they end up homeless and hungry, we won't win in 2016, or anytime soon.

Pass the damned thing, let the Republicans tear themselves apart because the ACA and Immigration is fully funded. Let the Republicans self destruct, and take the long view that we're on Defense right now, and we have to slow their advance, and then stop it and get possession of the ball. We have to play smart, and remain focused.

We have to win elections through hard work, and every day we have to figure out what we can do to help our constituents. Every single day we have to struggle to represent them. Otherwise, the Republicans will be the ones representing, while we stand and shout in the smallest sections of the Capital.

merrily

(45,251 posts)
99. I am a traditional Dem, not a liberal, but I don't agree AT ALL with your diagnosis of the problem.
Fri Dec 12, 2014, 11:59 AM
Dec 2014

To the contrary, I call bs.

Demsrule86

(68,552 posts)
87. Every one has a right to their opinion
Fri Dec 12, 2014, 10:52 AM
Dec 2014

However, you are wrong...the piddling stuff the Dems got amounts to nothing while Wall Street can now bankrupt us again. We sold out our base for crumbs...as for the ACA ...it would be funded anyway...self-funded ...and the Supremes will soon strike it down...already you hear the Dems saying 'maybe it was not a good idea'...only good thing done by dems in 40 years...I am pretty much through with Democrats...this bill should not pass the Senate...it is a terrible bill which will hurt Americans...and make them less likely to vote for Democrats.

zipplewrath

(16,646 posts)
95. They can do it next year anyway
Fri Dec 12, 2014, 11:33 AM
Dec 2014

All the bad things that can happen, can still happen next year. Obama's either going to have to start using the veto pen, or he's going to get continuously steam rolled over and over. Why he would not let Pelosi et. al. try to get these horrendous features out of the bill (the House needed dem support to pass this thing) I'll never understand. Well, except for the fact that Obama has never been a fighter for liberal issues.

 

joeybee12

(56,177 posts)
96. This process is always a game of chicken and Obama is always the first to blink...
Fri Dec 12, 2014, 11:36 AM
Dec 2014

He hasn't figured out Washington yet.

merrily

(45,251 posts)
101. Or maybe he figured it out before we ever knew he was running for Prez.
Fri Dec 12, 2014, 12:02 PM
Dec 2014

Maybe before he even got out of law school.

The notion that the average DUer "gets" the real more than Obama or any Dem holding office in DC--or any of their advisors-- is just not realistic. At some point, we need to realize they are doing pretty much what they want.

Which Republicans forced Obama to nominate Geithner and Gates and re-appoint Bernanke? To buddy up to Jamie Dimon? How did Republicans dupe him into anything like that?

 

joeybee12

(56,177 posts)
118. I shjould specigy any Dem would be better
Fri Dec 12, 2014, 01:43 PM
Dec 2014

People complain about Hilary being too pro-business...Obama is as well...so no difference there.

 

Savannahmann

(3,891 posts)
104. Fine with me.
Fri Dec 12, 2014, 12:10 PM
Dec 2014

How do you like the idea of President Rand Paul? Or perhaps it will be Jeb Bush. I'm sure the ACA will survive then. Probably keep the Immigration reforms too.

 

Savannahmann

(3,891 posts)
123. I stand with funding the ACA
Fri Dec 12, 2014, 01:53 PM
Dec 2014

I stand with funding early Childcare/education. I stand with funding the Immigration system.

Now, why do you stand against all those things? Why do you stand against people getting the money they need to eat via SNAP, which will be suspended at Christmas when there is no budget deal? Why do you stand against Social Security and SSI Disability payments being made to the people who desperately need it?

There is a lot more in that Cromnibus package than a sop to wall street and higher limits on donations. While we are opposing one thing, we're voting against all the rest too.

CakeGrrl

(10,611 posts)
131. POTUS has told voters OVER AND OVER not to give the keys back to the GOP.
Fri Dec 12, 2014, 02:44 PM
Dec 2014

They didn't get off their asses, and the GOP is going to make things worse with their congressional control.

Who's surprised? If so, they're massively naive.

o1o

(2 posts)
135. Wake up people!
Sun Dec 14, 2014, 08:52 AM
Dec 2014

Obama (like Bush) is a warmongering corporatist! He can't wait to sign the Wall Street Giveaway (and the TPP) which he knows will further impoverish the 99% and destroy our democracy!

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